NOT LISTED FOR SALE

Estimated Value: $406,000 - $534,232

4 Beds
3 Baths
3,486 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $450,000 $129 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,870/month

10 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Vinyl Flooring
  • Forced Air Heating System
  • Level Lot
  • 5-minute walk to Kennedy Park

About This Home

As of March 2023

Three fully updated units in Downtown Lewiston. This property offers two large 3bd units and one 2bd unit, plenty of parking, and a new heating system. Easy to own 3-unit is perfect for an owner occupant or investor looking to break into the hot Lewiston Market.

Last Listed By

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 02/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,420

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts a private road
  • Level Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,486 Sq Ft Home
  • Multi-Level Property
  • Vinyl Flooring
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number LEWI-000196-000000-000140

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $10,589
  • Gross Income $42,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,420

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3486.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3486.0
  • 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:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 42600.0
  • Income Expenses Operating Expenses: 10589.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 4791.6
  • Parcel #: LEWI-000196-000000-000140
  • Zoning: R

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 42600.0
  • Annual Operating Expense: 10589.0

Tax Info

  • Tax Annual Amount: 3420.0
  • Tax Book Number: 10454
  • Tax Lot: 140
  • Tax Map Number: 196
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 27, 2023
Sold by
Six Sigma Properties Llc
Bought by
Iragaba Cadeau and Mukeshimana Emelyne
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Bennett Wade
Keller Williams Realty
List Price
$399,000
Sold Price
$450,000
Premium/Discount to List
$51,000
12.78%
Total Days on Market
10
Current Estimated Value
$460,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,308
Avg. Annual Appreciation
1.57%
Original Mortgage
$441,849
Outstanding Balance
$431,868
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$33,159

Purchase Details

Closed on
Mar 6, 2020
Sold by
E & G Properties Llc
Bought by
Allen Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 7, 2013
Sold by
Long George S and Gailey-Long Erica J
Bought by
E & G Props Llc

Purchase Details

Closed on
Mar 7, 2005
Sold by
Central Me Re Invest Inc
Bought by
Long George S and Gailey-Long Erica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Iragaba Cadeau $450,000 None Available
Iragaba Cadeau $450,000 None Available
Allen Real Estate Llc -- None Available
Allen Real Estate Llc -- None Available
E & G Props Llc -- --
Long George S -- --
Long George S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iragaba Cadeau $441,849
Closed Iragaba Cadeau $441,849
Previous Owner Allen Real Estate Llc $1
Previous Owner Long George S $140,400
Closed Allen Real Estate Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $450,000 +12.8% $129 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $399,000 -- $114 / 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 $3,812 $120,000 $17,040 $102,960
2023 $3,600 $120,000 $17,040 $102,960
2022 $3,420 $120,000 $17,040 $102,960
2021 $2,583 $91,400 $17,040 $74,360
2020 $2,620 $91,400 $17,040 $74,360
2019 $2,628 $90,900 $17,040 $73,860
2018 $2,606 $90,900 $17,040 $73,860
2017 $2,547 $90,900 $17,040 $73,860
2016 $2,503 $90,900 $17,040 $73,860
2015 $2,488 $90,900 $17,040 $73,860
2014 $2,417 $90,900 $17,040 $73,860
2013 $2,403 $90,900 $17,040 $73,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1551899

Maine Listings

APN: LEWI-000196-000000-000140