$274,000
SOLD JUN 10, 2022

131 Summer St Lewiston, ME 04240

-- Bed
2 Baths
1,732 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

11% Above List Price

2 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • New Englander Architecture
  • No HOA
  • Enclosed Glass Porch

About This Home

As of June 2024

Close to Central Maine Medical Center, Bates College, retail, recreation and restaurants. Recently renovated 2 unit with heat pumps and hardwood floors. Great for owner occupied home or 2 unit rental income. Natural gas is at the street for possible hook up. Extra features include a double lot with space for gardens and a detached garage with separated bays for tenants or additional rental income source. Why rent when your tenants can pay for your home?

Last Agent to Sell the Property

Sherrie Benner

Gardner Real Estate Group Listed on: 04/27/2022

Last Buyer's Agent

Terri Levesque

Amnet Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,732 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Enclosed Glass Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number LEWI-000205-000000-000026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,769

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main St to Holland. Right on Summer.
  • Above Grade Finished Sq Ft: 1732.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1732.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 28800.0
  • Income Expenses Operating Expenses: 5000.0
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, Detached, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: LEWI-000205-000000-000026
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 2769.0
  • Tax Book Number: 9904
  • Tax Lot: 26
  • Tax Map Number: 205
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 28, 2024
Sold by
Mohamed Mohamed A A
Bought by
Bullard Elijah
Seller's Agent
Terri Levesque
Amnet Realty
Buyer's Agent
Janice Pompeo
The Maine Real Estate Group
List Price
$330,000
Sold Price
$350,000
Premium/Discount to List
$20,000
6.06%
Views
3
Current Estimated Value
$356,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,013
Avg. Annual Appreciation
0.12%
Original Mortgage
$343,660
Outstanding Balance
$339,581
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$10,925

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 10, 2022
Sold by
Genthner Forrest and Genthner Molly
Bought by
Mohamed Mohamed A A
Seller's Agent
Sherrie Benner
Gardner Real Estate Group
Buyer's Agent
Terri Levesque
Amnet Realty
List Price
$246,810
Sold Price
$274,000
Premium/Discount to List
$27,190
11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$269,037
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 19, 2018
Closed on
Aug 8, 2018
Sold by
Marquis Raymond A Est and Marques
Bought by
Hook Molly and Genthner Forrest
Seller's Agent
Marnie Dubois
Keller Williams Realty
Buyer's Agent
Sherrie Benner
Keller Williams Realty
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.31%
Original Mortgage
$127,645
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 None Available
Warranty Deed $350,000 None Available
Warranty Deed $274,000 None Available
Warranty Deed $274,000 None Available
Personal Reps Deed -- --
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $343,660 FHA
Closed $343,660 FHA
Previous Owner $269,037 FHA
Previous Owner $127,645 FHA
Previous Owner $36,219 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $350,000 +6.1% $198 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $330,000 +20.4% $187 / Sq Ft
06/10/2022 06/10/22 Sold $274,000 +11.0% $158 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $246,810 +89.9% $143 / Sq Ft
08/02/2018 08/02/18 Sold $130,000 +0.1% $75 / Sq Ft
06/19/2018 06/19/18 For Sale $129,900 -- $75 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,113 $98,000 $16,560 $81,440
2023 $2,940 $98,000 $16,560 $81,440
2022 $2,793 $98,000 $16,560 $81,440
2021 $2,769 $98,000 $16,560 $81,440
2020 $2,810 $98,000 $16,560 $81,440
2019 $2,729 $94,400 $16,560 $77,840
2018 $2,706 $94,400 $16,560 $77,840
2017 $2,181 $77,820 $16,560 $61,260
2016 $2,143 $77,820 $16,560 $61,260
2015 $2,130 $77,820 $16,560 $61,260
2014 $2,069 $77,820 $16,560 $61,260
2013 $2,058 $77,820 $16,560 $61,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1526105

Maine Listings

APN: LEWI-000205-000000-000026