$405,000
SOLD MAR 28, 2025

370 College St Lewiston, ME 04240

-- Bed
4 Baths
4,304 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

15% Below List Price

14 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Porch
  • Wood Flooring
  • No HOA
  • Bathtub

About This Home

As of March 2025

Large 2 Unit consisting of a 3BR, 2 full bath unit and a 4BR, 2 full bath unit. Stong rental history with Bates College. Close to down town, shopping and turnpike. Whether you're an investor or looking to owner occupy, this is a property for you.

Last Agent to Sell the Property

Gregory Souza

American Real Estate Listed on: 01/29/2025

Last Buyer's Agent

Kelly Sahabo

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,353

Year Built

  • Built in 1921

Lot Details

  • 10,454 Sq Ft Lot
  • Open Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,304 Sq Ft Home
  • Multi-Level Property
  • Laundry on main level

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub

Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number LEWI-000172-000000-000004

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $15,854
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,353

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4304.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1921
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4304.0
  • Property Information:Garage: No
  • Site:Open: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 42000.0
  • Income Expenses Operating Expenses: 15854.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Equipment:Cable: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Cable
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • 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: 10454.4
  • Parcel #: LEWI-000172-000000-000004
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 42000.0
  • Annual Operating Expense: 15854.0

Tax Info

  • Tax Annual Amount: 5353.0
  • Tax Book Number: 11194
  • Tax Lot: 4
  • Tax Map Number: 172
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Mar 25, 2025
Sold by
Fregeau Thomas
Bought by
Aloegnikou Yao and Aloegnikou Germaine
Seller's Agent
Gregory Souza
American Real Estate
Buyer's Agent
Kelly Sahabo
EXP Realty
List Price
$475,000
Sold Price
$405,000
Premium/Discount to List
-$70,000
-14.74%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.94%
Original Mortgage
$384,750
Outstanding Balance
$384,426
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$55,258

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 26, 2022
Sold by
Gallant Susan A
Bought by
Fregeau Thomas
Seller's Agent
Cindy Morin
Fontaine Family-The Real Estate Leader
Buyer's Agent
Gregory Souza
Bean Group
List Price
$275,000
Sold Price
$300,000
Premium/Discount to List
$25,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%
Original Mortgage
$225,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2013
Sold by
Chicoine Kristin J
Bought by
Gallant Jean P and Gallant Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,683
Interest Rate
3.59%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Warranty Deed $300,000 None Available
Warranty Deed $300,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,750 Purchase Money Mortgage
Closed $384,750 Purchase Money Mortgage
Previous Owner $225,000 Purchase Money Mortgage
Previous Owner $4,683 Unknown
Previous Owner $108,750 Unknown
Previous Owner $78,000 Unknown
Previous Owner $43,267 FHA
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $405,000 -12.0% $94 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/10/2025 02/10/25 Price Changed $460,000 -3.2% $107 / Sq Ft
01/29/2025 01/29/25 For Sale $475,000 +58.3% $110 / Sq Ft
08/26/2022 08/26/22 Sold $300,000 +9.1% $70 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $275,000 -- $64 / 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 $5,353 $168,500 $19,560 $148,940
2023 $5,055 $168,500 $19,560 $148,940
2022 $4,802 $168,500 $19,560 $148,940
2021 $4,389 $155,300 $19,560 $135,740
2020 $4,452 $155,300 $19,560 $135,740
2019 $4,210 $145,620 $19,560 $126,060
2018 $4,175 $145,620 $19,560 $126,060
2017 $4,080 $145,620 $19,560 $126,060
2016 $4,010 $145,620 $19,560 $126,060
2015 $3,986 $145,620 $19,560 $126,060
2014 $3,872 $145,620 $19,560 $126,060
2013 $3,850 $145,620 $19,560 $126,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1613387

Maine Listings

APN: LEWI-000172-000000-000004