NOT LISTED FOR SALE

26 Walnut St Lewiston, ME 04240

Estimated Value: $332,000 - $396,765

9 Beds
3 Baths
3,618 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $290,000 $80 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,300/month

9 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Baseboard Heating
  • Attic
  • Porch
  • 1-minute walk to Kennedy Park

About This Home

As of November 2021

Here's your next investment! Renovated and ready for you to sit back and collect the rental income! This fully occupied 3 unit is conveniently located in Lewiston, near CMMC, Bates College, and area restaurants and downtown. Each spacious unit offers three bedrooms with an additional office space. All of the heavy lifting has been done for you; new natural gas boiler for efficient heat and hot water, new roof, new windows, new sheetrock, new paint and new floors throughout the units! Group showing begins on Saturday September 25th from 10:00 – 12:00.

Last Agent to Sell the Property

Andrea Page

Keller Williams Realty Listed on: 09/20/2021

Keller Williams Realty

Last Buyer's Agent

Paul Bergeron

Jerry Douglass Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1881

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,618 Sq Ft Home
  • Multi-Level Property
  • Attic

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

  • Brick Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 513
  • Assessor Parcel Number LEWI-000195-000000-000513

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $10,587
  • Gross Income $53,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,080

Year Built

Built in 1881

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Heading on Webster Street towards Pine Street, turn Left onto Walnut Street. 26 Walnut is between Blake Street and Walnut Street.
  • Above Grade Finished Sq Ft: 3618.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1881
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 74.63
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3618.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 53760.0
  • Income Expenses Operating Expenses: 10586.76
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Amenities:Attic: Yes
  • Basement:BrickMortar: Yes
  • Roof:Flat: Yes
  • Advertising Remarks:Advertising Remarks: Here's your next investment! Renovated and ready for you to sit back and collect the rental income! This fully occupied 3 unit is conveniently located in Lewiston, near CMMC, Bates College, and area restaurants and downtown. Each spacious unit offers three bedrooms with an additional office space. All of the heavy lifting has been done for you; new natural gas boiler for efficient heat and hot water, new roof, new windows, new sheetrock, new paint and new floors throughout the units! *Group showing begins on Saturday September 25th from 10:00 – 12:00. Call Andrea Page at (207)766-8370.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Flat
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • 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
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: LEWI-000195-000000-000513
  • Zoning: DR

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 53760.0
  • Annual Operating Expense: 10586.76

Tax Info

  • Tax Annual Amount: 2080.0
  • Tax Block: 000
  • Tax Lot: 513
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 12, 2021
Sold by
Nikoda Llc
Bought by
26 Walnut Property Llc
Seller's Agent
Andrea Page
Keller Williams Realty
Buyer's Agent
Paul Bergeron
Jerry Douglass Realty, Inc
List Price
$270,000
Sold Price
$290,000
Premium/Discount to List
$20,000
7.41%
Current Estimated Value
$372,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,191
Avg. Annual Appreciation
5.93%
Original Mortgage
$232,000
Outstanding Balance
$212,201
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$159,990

Purchase Details

Closed on
Jul 10, 2020
Sold by
Anjjar Mohammed
Bought by
Nikoda Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 24, 2019
Sold by
Eastman Brian S
Bought by
Anjjar Mohamed
Seller's Agent
Sally Christner
Fontaine Family-The Real Estate Leader
Buyer's Agent
Glenn Garry
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.37%

Purchase Details

Closed on
Sep 6, 2006
Sold by
Eastman Jeanine M
Bought by
Eastman Brian S
Source: Public Records
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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
26 Walnut Property Llc -- None Available
26 Walnut Property Llc -- None Available
Nikoda Llc -- None Available
Nikoda Llc -- None Available
Anjjar Mohamed -- --
Anjjar Mohamed -- --
Eastman Brian S -- --
Eastman Brian S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 26 Walnut Property Llc $232,000
Closed 26 Walnut Property Llc $232,000
Previous Owner Nikoda Llc $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $290,000 +7.4% $80 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $270,000 +237.5% $75 / Sq Ft
05/24/2019 05/24/19 Sold $80,000 -10.1% $22 / Sq Ft View Prior Sale
04/18/2019 04/18/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $89,000 -- $25 / Sq Ft
Source: Maine Listings

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 $3,901 $119,000 $15,140 $103,860
2024 $3,781 $119,000 $15,140 $103,860
2023 $3,501 $116,700 $12,840 $103,860
2022 $3,326 $116,700 $12,840 $103,860
2021 $2,080 $73,600 $12,840 $60,760
2020 $1,896 $66,120 $12,840 $53,280
2019 $1,912 $66,120 $12,840 $53,280
2018 $1,896 $66,120 $12,840 $53,280
2017 $1,853 $66,120 $12,840 $53,280
2016 $1,821 $66,120 $12,840 $53,280
2015 $1,810 $66,120 $12,840 $53,280
2014 $1,758 $66,120 $12,840 $53,280
2013 $1,748 $66,120 $12,840 $53,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1509505

Maine Listings

APN: LEWI-000195-000000-000513

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