NOT LISTED FOR SALE

137 Prospect Ave Lewiston, ME 04240

Estimated Value: $269,000 - $275,795

3 Beds
2 Baths
2,040 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $260,000 $127 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,680/month

39 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Double Pane Windows
  • New Englander Architecture
  • No HOA
  • Property is near shops

About This Home

As of May 2024

Hard to find 2-unit close to turnpike, downtown and amenities. First floor has 3 bedrooms, one full bath, mostly hardwood floors under carpet. Second floor and stairwell freshly painted throughout. 1 bedroom, one full bath. New flooring in kitchen. Laundry hookup off kitchen. Paved driveway. Large backyard. Possible auxiliary dwelling unit? Check with city.
Unfinished basement with separate storage access from rear of building for placing lawn equipment,etc. Second unit currently vacant, rent shown is what was from last tenancy. Showings begin Saturday March 2nd.
Starting March 4th weekday showings start after 4:30 to allow tenant to watch the pet.

Last Agent to Sell the Property

Rollie Heckethorn

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 03/01/2024

Last Buyer's Agent

Fred Andrews

Spectrum Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,192

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • Multi-Level Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Brick Basement
  • Interior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Exclusions: 0
  • Tax Lot 95
  • Assessor Parcel Number LEWI-000177-000000-000095

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $14,481
  • Gross Income $21,337

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,192

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Lisbon Street to Prospect Avenue, second house on left.
  • Above Grade Finished Sq Ft: 2040.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1890
  • Attribution Contact: 207-729-7297
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2040.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: 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
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 21337.0
  • Income Expenses Operating Expenses: 14481.0
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Basement:BrickMortar: Yes
  • Equipment:Internet Access Available: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Basement:Sump Pump: Yes
  • Heat System:Radiator: Yes
  • Exterior:Aluminum Siding: Yes
  • Style:New Englander: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Partial, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Turnpike/Interstate, Shopping Mall
  • Waterfront: No
  • Exclusions: 0
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: LEWI-000177-000000-000095
  • Zoning: CB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21337.0
  • Annual Operating Expense: 14481.0

Tax Info

  • Tax Annual Amount: 2192.0
  • Tax Book Number: 9270
  • Tax Lot: 95
  • Tax Map Number: 177
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 2, 2024
Sold by
Projansky David J and Projansky Julie A
Bought by
Sprague Tina
Seller's Agent
Rollie Heckethorn
Tim Dunham Realty
Buyer's Agent
Fred Andrews
Spectrum Real Estate
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Views
73
Current Estimated Value
$271,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,949
Avg. Annual Appreciation
1.49%
Original Mortgage
$247,000
Outstanding Balance
$244,649
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$20,494

Purchase Details

Listed on
Jul 27, 2015
Closed on
Dec 4, 2015
Sold by
Paul F Rodrigue Ret
Bought by
Projansky David C and Projansky Julie A
Seller's Agent
Bill Bergeron
Fontaine Family-The Real Estate Leader
Buyer's Agent
Rollie Heckethorn
Bean Group
List Price
$85,000
Sold Price
$57,900
Premium/Discount to List
-$27,100
-31.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.53%
Original Mortgage
$46,320
Interest Rate
3.83%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Sprague Tina $260,000 None Available
Projansky David C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprague Tina $247,000
Previous Owner Projansky David C $46,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $260,000 +4.0% $127 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $249,900 +331.6% $123 / Sq Ft
12/03/2015 12/03/15 Sold $57,900 -31.9% $28 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $85,000 -- $42 / Sq Ft
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 $2,381 $74,940 $12,600 $62,340
2023 $2,248 $74,940 $12,600 $62,340
2022 $2,136 $74,940 $12,600 $62,340
2021 $2,118 $74,940 $12,600 $62,340
2020 $2,149 $74,940 $12,600 $62,340
2019 $2,167 $74,940 $12,600 $62,340
2018 $2,149 $74,940 $12,600 $62,340
2017 $2,100 $74,940 $12,600 $62,340
2016 $2,064 $74,940 $12,600 $62,340
2015 $2,051 $74,940 $12,600 $62,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1583165

Maine Listings

APN: LEWI-000177-000000-000095