NOT LISTED FOR SALE

28 Newman St Lewiston, ME 04240

Estimated Value: $290,724 - $360,000

2 Beds
2 Baths
2,072 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $335,000 $162 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,152/month

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Level Lot
  • Main Floor Bedroom
  • 2 Car Garage
  • Radiator

About This Home

As of October 2024

Welcome to this charming and well-maintained two-family home, proudly owner-occupied for over 50 years. This property offers a blend of classic charm and modern updates, making it an ideal choice for both investors and multigenerational living. Each unit features two spacious bedrooms and updated showers by Bath Fitters, ensuring comfort and convenience for all occupants. The home boasts ample storage space throughout, perfect for organizing your belongings. The newer heat pump water heater on the second floor adds energy efficiency and modern comfort to the upper unit. Enjoy the convenience of a two-car garage and the proximity to a variety of local amenities. Whether you're looking to continue its legacy as a rental property or make it your own, this home offers a solid foundation and an inviting atmosphere. Don't miss out on this exceptional opportunity!

Last Agent to Sell the Property

Nicholas Trider

Fontaine Family-The Real Estate Leader Brokerage Phone: 207-784-3800 Listed on: 09/16/2024

Last Buyer's Agent

Timberly Muncey

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 1946

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,072 Sq Ft Home
  • Multi-Level Property
  • Laundry on upper level

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 193
  • Assessor Parcel Number LEWI-000174-000000-000193

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,759
  • Gross Income $10,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,621

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • MLS Status: Closed
  • Directions: From Sabattus St., turn right onto East Ave., then right onto Newman St. Look for sign.
  • Above Grade Finished Sq Ft: 2072.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1946
  • Attribution Contact: 207-784-3800
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 156.85
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2072.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: 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
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 10200.0
  • Income Expenses Operating Expenses: 4759.0
  • Style:Multi-Level: Yes
  • Heat System:Radiator: Yes
  • Water Heater:Heat Pump2: Yes
  • Roof:Membrane: Yes
  • Advertising Remarks:Advertising Remarks: Welcome to this charming and well-maintained two-family home, proudly owner-occupied for over 50 years. This property offers a blend of classic charm and modern updates, making it an ideal choice for both investors and multigenerational living. Each unit features two spacious bedrooms and updated showers by Bath Fitters, ensuring comfort and convenience for all occupants. The home boasts ample storage space throughout, perfect for organizing your belongings. The newer heat pump water heater on the second floor adds energy efficiency and modern comfort to the upper unit. Enjoy the convenience of a two-car garage and the proximity to a variety of local amenities. Whether you're looking to continue its legacy as a rental property or make it your own, this home offers a solid foundation and an inviting atmosphere. Don't miss out on this exceptional opportunity!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, Off Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • 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: 5227.2
  • Parcel #: LEWI-000174-000000-000193
  • Zoning: NB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 10200.0
  • Annual Operating Expense: 4759.0

Tax Info

  • Tax Annual Amount: 2621.0
  • Tax Lot: 193
  • Tax Year: 2024

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Oct 23, 2024
Sold by
Bosse Ronald P
Bought by
Horton William E and Horton Cheryl A
Seller's Agent
Nicholas Trider
Fontaine Family-The Real Estate Leader
Buyer's Agent
Timberly Muncey
EXP Realty
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Views
3
Current Estimated Value
$363,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,614
Avg. Annual Appreciation
-2.81%
Original Mortgage
$251,250
Outstanding Balance
$248,278
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,903
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
Horton William E $335,000 None Available
Horton William E $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horton William E $251,250
Closed Horton William E $251,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $335,000 +3.1% $162 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $325,000 -- $157 / 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 $3,147 $96,000 $14,520 $81,480
2024 $3,050 $96,000 $14,520 $81,480
2023 $2,880 $96,000 $14,520 $81,480
2022 $2,736 $96,000 $14,520 $81,480
2021 $2,713 $96,000 $14,520 $81,480
2020 $2,752 $96,000 $14,520 $81,480
2019 $2,775 $96,000 $14,520 $81,480
2018 $2,752 $96,000 $14,520 $81,480
2017 $2,690 $96,000 $14,520 $81,480
2016 $2,644 $96,000 $14,520 $81,480
2015 $2,628 $96,000 $14,520 $81,480
2014 $2,553 $96,000 $14,520 $81,480
2013 $2,538 $96,000 $14,520 $81,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1603905

Maine Listings

APN: LEWI-000174-000000-000193