$405,000
SOLD MAY 16, 2025

23 Montello St Lewiston, ME 04240

-- Bed
3 Baths
2,184 Sq Ft
0.36 Acres

Recently Sold

$185 Per Sq Ft

4% Above List Price

11 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Baseboard Heating
  • No HOA
  • Landscaped
  • 1 Car Garage

About This Home

As of May 2025

This beautifully updated 2-unit property offers a fantastic blend of comfort, style, and convenience. The first unit has been completely remodeled, featuring modern finishes throughout and offering a fresh space. The second unit is well-maintained and provides great potential for rental income or multi-generational living. The driveway was paved in 2020, providing a smooth and attractive entry, while a brand new garage door installed in 2025 adds to the property's curb appeal and functionality. Both units benefit from a newer roof, installed in 2020, and a new boiler also added in 2019 ensures efficient heating throughout. The spacious and well-maintained backyard is perfect for outdoor relaxation or entertaining, offering plenty of space for both units to enjoy. Whether you're an investor or looking for a property with great potential, this 2-unit home is ready for its next chapter! OPEN HOUSE: Thursday from 2-3:00pm & Saturday from 4-5:30pm DEADLINE- Sunday 13th at 5:00pm with 24hr response time.

Last Agent to Sell the Property

Argelis Garcia

Maine Real Estate Co Listed on: 04/09/2025

Co-Listed By

Kelly Sahabo

Maine Real Estate Co

Last Buyer's Agent

Toni Ferraro

Ferraro Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,850

Year Built

  • Built in 1939

Lot Details

  • 0.36 Acre Lot
  • Landscaped
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • 2,184 Sq Ft Home
  • Bungalow
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number LEWI-000170-000000-000011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $17,825
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,850

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • Co List Office Phone: 207-292-1030
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2184.0
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Year Built: 1939
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 178.11
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2184.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: 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:On Demand: Yes
  • Property Information:Garage Spaces: 1.0
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Style:Bungalow: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 26400.0
  • Income Expenses Operating Expenses: 17825.0
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Advertising Remarks:Advertising Remarks: This beautifully updated 2-unit property offers a fantastic blend of comfort, style, and convenience. The first unit has been completely remodeled, featuring modern finishes throughout and offering a fresh space. The second unit is well-maintained and provides great potential for rental income or multi-generational living. The driveway was paved in 2020, providing a smooth and attractive entry, while a brand new garage door installed in 2025 adds to the property's curb appeal and functionality. Both units benefit from a newer roof, installed in 2020, and a new boiler also added in 2019 ensures efficient heating throughout. The spacious and well-maintained backyard is perfect for outdoor relaxation or entertaining, offering plenty of space for both units to enjoy. Whether you're an investor or looking for a property with great potential, this 2-unit home is ready for its next chapter! OPEN HOUSE: Thursday from 2-3:00pm & Saturday from 4-5:30pm
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Well Landscaped, Level, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15681.6
  • Parcel #: LEWI-000170-000000-000011
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 17825.0

Tax Info

  • Tax Annual Amount: 3850.0
  • Tax Lot: 11
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 16, 2025
Sold by
Glover Robert J and Glover Jody A
Bought by
Mclean Connor J
Seller's Agent
Argelis Garcia
Maine Real Estate Co
Buyer's Agent
Toni Ferraro
Ferraro Realty LLC
List Price
$389,000
Sold Price
$405,000
Premium/Discount to List
$16,000
4.11%
Views
33
Current Estimated Value
$411,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,581
Avg. Annual Appreciation
2.92%
Original Mortgage
$397,664
Outstanding Balance
$395,895
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$15,686
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $405,000 None Available
Warranty Deed $405,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $397,664 FHA
Closed $397,664 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $405,000 +4.1% $185 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $389,000 -- $178 / 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
2025 $3,973 $121,200 $22,920 $98,280
2024 $3,851 $121,200 $22,920 $98,280
2023 $3,636 $121,200 $22,920 $98,280
2022 $3,454 $121,200 $22,920 $98,280
2021 $3,425 $121,200 $22,920 $98,280
2020 $3,475 $121,200 $22,920 $98,280
2019 $3,503 $121,180 $22,920 $98,260
2018 $3,474 $121,180 $22,920 $98,260
2017 $3,395 $121,180 $22,920 $98,260
2016 $3,337 $121,180 $22,920 $98,260
2015 $3,317 $121,180 $22,920 $98,260
2014 $3,222 $121,180 $22,920 $98,260
2013 $3,204 $121,180 $22,920 $98,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1618327

Maine Listings

APN: LEWI-000170-000000-000011