Seller's Agent in 2024
Veronica Schneider
Portside Real Estate Group
(207) 838-4034
14 in this area
123 Total Sales
185 East Ave Lewiston, ME 04240
--
Bed
3
Baths
2,600
Sq Ft
4,792
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- Bathtub
- Corner Lot
- Porch
- Cooling Available
About This Home
As of October 2024This updated multi-unit property in Lewiston offers three well-maintained apartments with numerous recent improvements. The hallways have been refreshed with new flooring, lighting, and repaired walls, along with new fire doors and a storm door for added safety and compliance. Each unit has seen significant updates. Two apartments now feature new mini-split systems for efficient heating and cooling, with one also benefiting from a new stove. The third apartment has been fully renovated with fresh paint, new appliances, including a stove and refrigerator, and updated lighting throughout. The bathroom has been modernized with a new cabinet and bathtub, and the floors have been refinished or replaced. Additionally, the kitchen boasts a new countertop, and the deck has been reinforced for added stability. Conveniently located in a sought-after area, this building offers easy access to various amenities, including shopping, dining, and entertainment options. Its proximity to transportation hubs and major routes ensures effortless commuting and travel.
This property presents a fantastic opportunity for investors or owner-occupants seeking a modern, income-generating investment in a prime location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,270
Year Built
- Built in 1925
Lot Details
- 4,792 Sq Ft Lot
- Corner Lot
- Level Lot
- Open Lot
Home Design
- Flat Roof Shape
- Wood Frame Construction
- Asbestos Siding
- Asbestos
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Gravel Driveway
- Shared Driveway
Outdoor Features
- Porch
Utilities
- Cooling Available
- Heating System Uses Oil
- Heat Pump System
- Hot Water Heating System
- High-Efficiency Water Heater
Listing and Financial Details
- Tax Lot 329
- Assessor Parcel Number LEWI-000174-000000-000329
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $13,387
- Gross Income $45,619
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Oct 25, 2024
Sold by
185 East Llc
Bought by
Dibwe Louison M and Ngalula Jully B
Seller's Agent
Veronica Schneider
Portside Real Estate Group
Buyer's Agent
Faith Fontaine
Keller Williams Realty
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Views
5
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
-$701
Avg. Annual Appreciation
-0.24%
Original Mortgage
$402,573
Outstanding Balance
$400,583
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$8,716
Purchase Details
Listed on
May 15, 2023
Closed on
Jun 21, 2023
Sold by
Maine Ohana Prop Inc
Bought by
185 East Llc
Seller's Agent
Clayton Larochelle
Fontaine Family-The Real Estate Leader
Buyer's Agent
Veronica Schneider
Downeast Realty, Inc.
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%
Purchase Details
Closed on
Feb 5, 2007
Sold by
Barrett Tracy A and Lachance Claire C
Bought by
Maine Ohana Props Inc
Purchase Details
Closed on
Aug 25, 2006
Sold by
Charest Robert L
Bought by
Barrett Tracy A and Lachance Claire C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 2005
Sold by
Reynoso Luis A
Bought by
Charest Robert L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.67%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | None Available | |
| Warranty Deed | $410,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $402,573 | FHA | |
| Closed | $402,573 | FHA | |
| Previous Owner | $114,000 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $410,000 | +2.5% | $158 / Sq Ft |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 09/19/2024 09/19/24 | For Sale | $399,900 | +23.0% | $154 / Sq Ft |
| 06/22/2023 06/22/23 | Sold | $325,000 | +8.3% | $125 / Sq Ft |
| 05/24/2023 05/24/23 | Pending | -- | -- | -- |
| 05/15/2023 05/15/23 | For Sale | $300,000 | -- | $115 / 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 | $3,844 | $121,000 | $14,400 | $106,600 |
| 2023 | $3,270 | $109,000 | $14,400 | $94,600 |
| 2022 | $2,584 | $90,660 | $14,400 | $76,260 |
| 2021 | $2,562 | $90,660 | $14,400 | $76,260 |
| 2020 | $2,599 | $90,660 | $14,400 | $76,260 |
| 2019 | $2,621 | $90,660 | $14,400 | $76,260 |
| 2018 | $2,599 | $90,660 | $14,400 | $76,260 |
| 2017 | $2,540 | $90,660 | $14,400 | $76,260 |
| 2016 | $2,497 | $90,660 | $14,400 | $76,260 |
| 2015 | $2,481 | $90,660 | $14,400 | $76,260 |
| 2014 | $2,411 | $90,660 | $14,400 | $76,260 |
| 2013 | $2,397 | $90,660 | $14,400 | $76,260 |
Source: Public Records
Agents Affiliated with this Home
-
Veronica Schneider
-
Faith Fontaine
Buyer's Agent in 2024
Faith Fontaine
Keller Williams Realty
(207) 576-4179
44 in this area
157 Total Sales
-
Clayton Larochelle
Seller's Agent in 2023
Clayton Larochelle
Fontaine Family-The Real Estate Leader
(207) 576-6524
62 in this area
256 Total Sales
Map
Source: Maine Listings
MLS Number: 1604364
APN: LEWI-000174-000000-000329
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