J
Seller's Agent in 2024
Jonathan Keenan
A Team Realty
(207) 747-9613
4 in this area
52 Total Sales
136 Pierce St Lewiston, ME 04240
Downtown Lewiston Neighborhood
--
Bed
6
Baths
5,264
Sq Ft
0.28
Acres
Highlights
- 0.28 Acre Lot
- Carpet
- 3-minute walk to Kennedy Park
- No HOA
- Heating System Uses Natural Gas
About This Home
As of September 2024Investors take notice. This exceptional investment opportunity in the heart of Lewiston includes not one, but two well maintained 3-family buildings and adjacent empty lot, presenting a multitude of possibilities for savvy investors and developers alike.
Each of the two 3-family buildings have been updated and well thought out with floor plans that maximize space and potential rents.
The adjacent vacant lot offers, 0.14 +/- acres which allows for future potential development.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,050
Year Built
- Built in 1881
Home Design
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 6 Full Bathrooms
- 5,264 Sq Ft Home
- Multi-Level Property
- Carpet
- Unfinished Basement
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Electric Water Heater
Additional Features
- 0.28 Acre Lot
- City Lot
Listing and Financial Details
- Tax Lot 115 & 116
- Assessor Parcel Number 136-142PierceStreetLewiston04240
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $24,876
- Gross Income $94,740
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2024
Closed on
Sep 30, 2024
Sold by
Hall Investments Llc
Bought by
Pierce St Holdings Llc
Seller's Agent
Jonathan Keenan
A Team Realty
Buyer's Agent
Tyler Tran
Keller Williams Realty
List Price
$800,000
Sold Price
$599,000
Premium/Discount to List
-$201,000
-25.12%
Views
27
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
$30,145
Avg. Annual Appreciation
1.24%
Original Mortgage
$599,000
Outstanding Balance
$595,118
Interest Rate
6.46%
Mortgage Type
Commercial
Estimated Equity
$11,080
Purchase Details
Closed on
Apr 14, 2023
Sold by
17-19Wmainsthillsboronh L
Bought by
Hall Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 7, 2016
Sold by
Fitzpatrick Jeri A
Bought by
17-19 W Main St Llc
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $599,000 | None Available | |
| Warranty Deed | $599,000 | None Available | |
| Warranty Deed | $260,000 | None Available | |
| Warranty Deed | $260,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $599,000 | Commercial | |
| Closed | $599,000 | Commercial | |
| Previous Owner | $450,000 | Purchase Money Mortgage | |
| Previous Owner | $17,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $599,000 | 0.0% | $114 / Sq Ft |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | Price Changed | $599,000 | -4.2% | $114 / Sq Ft |
| 07/15/2024 07/15/24 | Price Changed | $625,000 | -3.8% | $119 / Sq Ft |
| 06/27/2024 06/27/24 | Price Changed | $650,000 | -4.4% | $123 / Sq Ft |
| 06/05/2024 06/05/24 | Price Changed | $680,000 | -3.5% | $129 / Sq Ft |
| 05/28/2024 05/28/24 | Price Changed | $705,000 | -6.0% | $134 / Sq Ft |
| 05/15/2024 05/15/24 | Price Changed | $750,000 | -6.3% | $142 / Sq Ft |
| 04/10/2024 04/10/24 | For Sale | $800,000 | -- | $152 / 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 | $541 | $17,040 | $17,040 | $0 |
| 2023 | $511 | $17,040 | $17,040 | $0 |
| 2022 | $486 | $17,040 | $17,040 | $0 |
| 2021 | $482 | $17,040 | $17,040 | $0 |
| 2020 | $489 | $17,040 | $17,040 | $0 |
| 2019 | $493 | $17,040 | $17,040 | $0 |
| 2018 | $489 | $17,040 | $17,040 | $0 |
| 2017 | $477 | $17,040 | $17,040 | $0 |
| 2016 | $469 | $17,040 | $17,040 | $0 |
| 2015 | $466 | $17,040 | $17,040 | $0 |
| 2014 | $453 | $17,040 | $17,040 | $0 |
| 2013 | $451 | $17,040 | $17,040 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Keenan
-
Tyler Tran
T
Buyer's Agent in 2024
Tyler Tran
Keller Williams Realty
(207) 322-0504
1 in this area
20 Total Sales
Map
Source: Maine Listings
MLS Number: 1586113
APN: LEWI-000196-000000-000115
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