NOT LISTED FOR SALE

28 Jepson Ave Lewiston, ME 04240

Estimated Value: $382,000 - $490,000

7 Beds
4 Baths
3,213 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $311,000 $97 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,678/month

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • In-Law or Guest Suite
  • New Englander Architecture
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of May 2021

This property has 3 units but is a legal 2 unit with an in law apartment per zoning. This is a beautiful rare property in a private and quiet, dead end neighborhood setting. The building has been very well maintained and updated over the years. Relax knowing that all the major items have been upgraded over the last several years including the roof, chimney, garage doors, appliances, exterior stairs etc. This property can be used in several ways depending on the new owners wants and needs. The second floor (Unit 3) has 2-3 bedrooms with a master suite. It has beautiful woodwork, custom cabinetry, updated flooring and a large mud/ laundry room. Unit one (first floor) is a two bedroom in-law unit with a spacious kitchen and separate laundry area. Unit two (first floor) is an efficient 1 bedroom unit with an updated kitchen and access to a private back deck. There is an attached 2 car garage with direct entry to the building and has ample parking in the driveway. Perfect for owner occupy with and in-law apartment, while the second unit's rent would pay the mortgage! Could also be used for three investment units, airbnb and more.

Last Agent to Sell the Property

Rodney Charest

Meservier & Associates Listed on: 03/24/2021

Last Buyer's Agent

Faith Fontaine

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,881

Year Built

  • Built in 1892

Lot Details

  • 0.37 Acre Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 3,213 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number LEWI-000193-000000-000102

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,260
  • Gross Income $18,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,881

Year Built

Built in 1892

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3213.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: Yes
  • Year Built: 1892
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.37
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3213.0
  • Property Information:Garage: 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 Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 18340.0
  • Income Expenses Operating Expenses: 9260.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Parking:Paved3: Yes
  • Heat System:Radiator: Yes
  • Amenities:In-Law Apartment: Yes
  • Style:New Englander: Yes
  • Other Structures:Shed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Tile, Laminate, Carpet
  • Interior Amenities: In-Law Floorplan, Walk-In Closet(s)
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, 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: 16117.2
  • Parcel #: LEWI-000193-000000-000102
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18340.0
  • Annual Operating Expense: 9260.0

Tax Info

  • Tax Annual Amount: 3881.0
  • Tax Book Number: 9709
  • Tax Lot: 102
  • Tax Map Number: 193
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 24, 2021
Sold by
Landry Jason and Landry Kathleen
Bought by
Naho Cesaire
Seller's Agent
Rodney Charest
Meservier & Associates
Buyer's Agent
Faith Fontaine
Keller Williams Realty
List Price
$279,000
Sold Price
$311,000
Premium/Discount to List
$32,000
11.47%
Current Estimated Value
$404,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,507
Avg. Annual Appreciation
7.73%
Original Mortgage
$305,367
Outstanding Balance
$279,855
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$145,932

Purchase Details

Listed on
Jun 16, 2017
Closed on
Oct 18, 2017
Sold by
Breton Jeffrey L and Breton Glenace B
Bought by
Landry Jason and Landry Kathleen
Seller's Agent
Jeff Breton
Century 21 North East
Buyer's Agent
Sue Meservier
Bean Group
List Price
$219,000
Sold Price
$195,000
Premium/Discount to List
-$24,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%
Original Mortgage
$156,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

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
Naho Cesaire -- None Available
Landry Jason -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naho Cesaire $305,367
Previous Owner Landry Jason M $13,900
Previous Owner Landry Jason $156,000
Previous Owner Mailhot Richard R $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $311,000 +11.5% $97 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $279,000 +43.1% $87 / Sq Ft
10/17/2017 10/17/17 Sold $195,000 -11.0% $61 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $219,000 +39.5% $68 / Sq Ft
11/21/2012 11/21/12 Sold $157,000 -1.8% $49 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $159,900 -- $50 / 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 $5,553 $174,800 $18,840 $155,960
2023 $5,244 $174,800 $18,840 $155,960
2022 $4,982 $174,800 $18,840 $155,960
2021 $4,940 $174,800 $18,840 $155,960
2020 $3,882 $135,400 $18,840 $116,560
2019 $3,913 $135,360 $18,840 $116,520
2018 $3,881 $135,360 $18,840 $116,520
2017 $3,793 $135,360 $18,840 $116,520
2016 $3,728 $135,360 $18,840 $116,520
2015 $3,705 $135,360 $18,840 $116,520
2014 $3,599 $135,360 $18,840 $116,520
2013 $3,579 $135,360 $18,840 $116,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1485318

Maine Listings

APN: LEWI-000193-000000-000102