Seller's Agent in 2023
Renee Roy
Better Homes & Gardens Real Estate/The Masiello Group
(207) 212-3134
8 in this area
203 Total Sales
134 Pierce St Lewiston, ME 04240
Downtown Lewiston NeighborhoodEstimated Value: $318,000 - $369,883
7
Beds
3
Baths
3,777
Sq Ft
$90/Sq Ft
Est. Value
Highlights
- Property is near public transit
- No HOA
- Zoned Heating
- Wood Flooring
- Porch
- 3-minute walk to Kennedy Park
About This Home
As of January 2023Check out this investment property, this money maker is a solid 3 unit that has many updates with 2-3bedroom units and 1-4 bedroom unit the numbers are great. Property offers newer Hybrid Hot Water Heaters for each unit, with Rinnai heaters in each unit, Laundry hook ups, replacement windows, flooring, cupboards etc
Don't hesitate! The 3rd fl unit is vacant and ready for occupancy, whether it be for the new owner or if you want it filled prior to closing, it was left vacant intentionally.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,611
Year Built
- Built in 1891
Lot Details
- 3,920 Sq Ft Lot
- Level Lot
- Open Lot
Parking
- Gravel Driveway
Home Design
- Flat Roof Shape
- Brick Foundation
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Tar and Gravel Roof
- Asbestos Siding
- Asbestos
- Concrete Perimeter Foundation
Interior Spaces
- 3 Full Bathrooms
- 3,777 Sq Ft Home
- 3-Story Property
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Interior Basement Entry
Outdoor Features
- Porch
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- High-Efficiency Water Heater
- Gas Water Heater
- Internet Available
Listing and Financial Details
- Tax Lot 114
- Assessor Parcel Number LEWI-000196-000000-000114
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $10,383
- Gross Income $44,736
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2022
Closed on
Jan 18, 2023
Sold by
Klingman Jeremiah
Bought by
Omar Mustafe and Bodle Billen
Seller's Agent
Renee Roy
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Ryan Raby
Fontaine Family-The Real Estate Leader
List Price
$275,000
Sold Price
$300,000
Premium/Discount to List
$25,000
9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,644
Avg. Annual Appreciation
9.66%
Original Mortgage
$289,987
Outstanding Balance
$282,458
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$96,348
Purchase Details
Closed on
Jan 22, 2010
Sold by
Fletcher Properties Llc
Bought by
Say Real Estate Mgmt
Purchase Details
Closed on
Mar 30, 2009
Sold by
Laurendeau Michael D
Bought by
Fletcher Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 16, 2005
Sold by
Dc Props Llc
Bought by
Laurendeau Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2005
Sold by
La Props
Bought by
Dc Props Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Omar Mustafe | $300,000 | None Available | |
| Say Real Estate Mgmt | -- | -- | |
| Fletcher Properties Llc | -- | -- | |
| Laurendeau Michael D | -- | -- | |
| Dc Props Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Omar Mustafe | $289,987 | |
| Previous Owner | Miacomet Private Equity | $562,500 | |
| Previous Owner | Fletcher Properties Llc | $80,000 | |
| Previous Owner | Laurendeau Michael D | $110,250 | |
| Previous Owner | Laurendeau Michael D | $47,250 | |
| Previous Owner | Dc Props Llc | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/18/2023 01/18/23 | Sold | $300,000 | 0.0% | $79 / Sq Ft |
| 10/04/2022 10/04/22 | Off Market | $300,000 | -- | -- |
| 07/25/2022 07/25/22 | For Sale | $275,000 | -- | $73 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $3,412 | $107,400 | $16,800 | $90,600 |
| 2023 | $3,222 | $107,400 | $16,800 | $90,600 |
| 2022 | $2,633 | $92,400 | $16,800 | $75,600 |
| 2021 | $2,611 | $92,400 | $16,800 | $75,600 |
| 2020 | $2,649 | $92,400 | $16,800 | $75,600 |
| 2019 | $2,671 | $92,400 | $16,800 | $75,600 |
| 2018 | $2,649 | $92,400 | $16,800 | $75,600 |
| 2017 | $2,589 | $92,400 | $16,800 | $75,600 |
| 2016 | $2,545 | $92,400 | $16,800 | $75,600 |
| 2015 | $2,529 | $92,400 | $16,800 | $75,600 |
| 2014 | $2,457 | $92,400 | $16,800 | $75,600 |
| 2013 | $2,443 | $92,400 | $16,800 | $75,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2023
Ryan Raby
Fontaine Family-The Real Estate Leader
(207) 784-3800
1 in this area
18 Total Sales
-
Buyer Co-Listing Agent in 2023
Charmaine Raby
Fontaine Family-The Real Estate Leader
(207) 577-1034
4 in this area
179 Total Sales
Map
Source: Maine Listings
MLS Number: 1537685
APN: LEWI-000196-000000-000114
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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