$420,000
SOLD AUG 26, 2024

38 Bridge St Lewiston, ME 04240

-- Bed
3 Baths
2,320 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

1% Below List Price

15 Days on Market

Highlights

  • New Englander Architecture
  • Attic
  • Furnished
  • Main Floor Bedroom
  • Corner Lot
  • No HOA

About This Home

As of August 2024

Mid-Term Investment Opportunity! Building is fully furnished and currently rented to mid-term tenants/travelers! Many recent updates including fresh paint throughout interior, new lighting fixtures, new flooring and new Rinnai Natural gas heaters in both second floor units. Some new plumbing/bathroom fixtures. This building is located 0.2 miles away from CMMC - walking distance for travelers! Solid rental history!

Last Agent to Sell the Property

Angela Lee

Keller Williams Realty Brokerage Phone: 207-754-4221 Listed on: 06/26/2024

Keller Williams Realty

Co-Listed By

Tammy Dumais

Keller Williams Realty Brokerage Phone: 207-754-4221

Last Buyer's Agent

Lisa DiBiase

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1904

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Attic

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number LEWI-000206-000000-000105

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $15,800
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,330

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: GPS Friendly From Main St Lewiston turn onto High St, to Bridge St. Property is on the left.
  • Above Grade Finished Sq Ft: 2320.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1904
  • Attribution Contact: 207-754-4221
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2320.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 48000.0
  • Income Expenses Operating Expenses: 15800.0
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Furniture Included: Yes
  • Style:New Englander: Yes
  • Cooling:AC Units: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Laminate
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Attic, Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Open Lot, Rolling Slope, Sidewalks, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lewiston Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: LEWI-000206-000000-000105
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 48000.0
  • Annual Operating Expense: 15800.0

Tax Info

  • Tax Annual Amount: 2330.0
  • Tax Book Number: 10988
  • Tax Lot: 105
  • Tax Map Number: 206
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 26, 2024
Sold by
Tango Wun Llc and Dumais Tammy L
Bought by
Lee Angela J and Dumais Tammy L
Seller's Agent
Angela Lee
Keller Williams Realty
Buyer's Agent
Lisa DiBiase
Landing Real Estate
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Views
4
Current Estimated Value
$416,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,585
Avg. Annual Appreciation
-2.09%
Original Mortgage
$412,392
Outstanding Balance
$407,816
Interest Rate
4.95%
Mortgage Type
FHA
Estimated Equity
$5,048

Purchase Details

Closed on
Dec 29, 2021
Sold by
Levesque Kevin
Bought by
Tango Wun Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
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 -- None Available
Warranty Deed $420,000 None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,392 FHA
Closed $0 FHA
Previous Owner $71,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner $120,000 Purchase Money Mortgage
Previous Owner $90,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $420,000 -1.2% $181 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $425,000 -- $183 / 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 $2,467 $77,650 $14,160 $63,490
2023 $2,330 $77,650 $14,160 $63,490
2022 $2,213 $77,650 $14,160 $63,490
2021 $2,194 $77,650 $14,160 $63,490
2020 $2,226 $77,650 $14,160 $63,490
2019 $2,245 $77,650 $14,160 $63,490
2018 $2,226 $77,650 $14,160 $63,490
2017 $2,176 $77,650 $14,160 $63,490
2016 $2,138 $77,650 $14,160 $63,490
2015 $2,244 $81,980 $14,160 $67,820
2014 $2,180 $81,980 $14,160 $67,820
2013 $2,168 $81,980 $14,160 $67,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1594724

Maine Listings

APN: LEWI-000206-000000-000105