NOT LISTED FOR SALE

22 School St Lisbon, ME 04252

Estimated Value: $413,000 - $433,000

4 Beds
4 Baths
3,275 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $400,000 $122 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,447/month

5 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • Attic
  • Wood Flooring
  • Main Floor Bedroom
  • 1 Fireplace

About This Home

As of September 2024

SELLER CONCESSION AVAILABLE - Solid and spacious 2-unit property featuring hardwood floors, a newer boiler, and a brick fireplace (currently blocked off). The property offers ample parking in the rear and includes two electric meters. Approved as a 2-unit but utilized as a 4-unit with two kitchens, this versatile home also boasts a welcoming front porch and two sets of stairs. Conveniently located close to downtown Lisbon Falls, the third floor, once a living space, provides a full floor ready to be revitalized.

Last Agent to Sell the Property

Tim Dunham

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 08/02/2024

Last Buyer's Agent

Tim Dunham

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 08/02/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,682

Year Built

  • Built in 1915

Lot Details

  • 0.32 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,275 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number LISN-000004U-000000-000051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,682

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Corner of Addison Street and School Street. GPS Friendly Address
  • Above Grade Finished Sq Ft: 3275.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1915
  • Attribution Contact: 207-729-7297
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 106.87
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.32
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3275.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: 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
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Amenities:In-Law Apartment: Yes
  • Water Heater:Heat Pump2: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: SELLER CONCESSION AVAILABLE - Solid and spacious 2-unit property featuring hardwood floors, a newer boiler, and a brick fireplace (currently blocked off). The property offers ample parking in the rear and includes two electric meters. Approved as a 2-unit but utilized as a 4-unit with two kitchens, this versatile home also boasts a welcoming front porch and two sets of stairs. Conveniently located close to downtown Lisbon Falls, the third floor, once a living space, provides a full floor ready to be revitalized.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, In-Law Floorplan, Shower, Walk-In Closet(s)
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Landscaped, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Heater, Baseboard
  • 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: 13939.2
  • Parcel #: LISN-000004U-000000-000051
  • Zoning: GR

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3682.0
  • Tax Lot: 51
  • Tax Year: 2023

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 9, 2024
Sold by
Gatcomb Pamela A
Bought by
Yasutake Tobias T and Yasutake Anna E
Seller's Agent
Tim Dunham
Tim Dunham Realty
Buyer's Agent
Tim Dunham
Tim Dunham Realty
List Price
$350,000
Sold Price
$400,000
Premium/Discount to List
$50,000
14.29%
Views
14
Current Estimated Value
$403,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,670
Avg. Annual Appreciation
4.24%
Original Mortgage
$320,000
Outstanding Balance
$316,609
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$106,647

Purchase Details

Closed on
Apr 8, 2013
Sold by
Spurwink Svcs Inc
Bought by
Gatcomb Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
3.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yasutake Tobias T $400,000 Misc Company
Yasutake Tobias T $400,000 Misc Company
Gatcomb Pamela A -- --
Gatcomb Pamela A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yasutake Tobias T $320,000
Closed Yasutake Tobias T $320,000
Previous Owner Gatcomb Pamela A $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $400,000 +14.3% $122 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $350,000 -- $107 / 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 $4,280 $314,700 $49,800 $264,900
2023 $3,682 $174,500 $32,900 $141,600
2022 $4,031 $174,500 $32,900 $141,600
2021 $3,856 $174,500 $32,900 $141,600
2020 $4,031 $174,500 $32,900 $141,600
2019 $4,031 $174,500 $32,900 $141,600
2018 $3,743 $150,700 $28,600 $122,100
2017 $3,496 $150,700 $28,600 $122,100
2016 $3,376 $150,700 $28,600 $122,100
2015 $3,831 $162,400 $28,000 $134,400
2014 $3,963 $162,400 $28,000 $134,400
2013 $3,735 $162,400 $28,000 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1599078

Maine Listings

APN: LISN-000004U-000000-000051