$225,000
SOLD NOV 15, 2024

44 Summer St Lewiston, ME 04240

-- Bed
3 Baths
2,493 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

32% Below List Price

76 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Level Lot
  • New Englander Architecture
  • Baseboard Heating

About This Home

As of November 2024

3-Unit investment building, each unit having 2 bedrooms and is situated on a side street close to hospitals with large partially fenced level back yard. Off street tandem parking available with space for parking expansion. New roof shingles in 2020, updates since 2003 include vinyl replacement windows, vinyl siding, 2003 HWBB boiler, entire building rewired in 2003. Lead paint abatement done in 2010. Rental numbers are below market rate. All units are occupied and 24 hr. notice to show is required.

Last Agent to Sell the Property

Kathy Harris

Portside Real Estate Group Listed on: 08/05/2024

Last Buyer's Agent

Cindy Chamberland

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,576

Year Built

  • Built in 1842

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,493 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number LEWI-000206-000000-000068

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $5,450
  • Gross Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,576

Year Built

Built in 1842

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • MLS Status: Closed
  • Directions: This address is GPS firiendly
  • Above Grade Finished Sq Ft: 2493.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1842
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2493.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 25800.0
  • Income Expenses Operating Expenses: 5450.0
  • Driveway:Gravel: Yes
  • Style:New Englander: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 3920.4
  • Parcel #: LEWI-000206-000000-000068
  • Zoning: NBC

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 25800.0
  • Annual Operating Expense: 5450.0

Tax Info

  • Tax Annual Amount: 2576.0
  • Tax Book Number: 5853
  • Tax Lot: 68
  • Tax Map Number: 206
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Morin Douglass M and Morin Hailee
Bought by
H & D Property Mgmt Llc
Total Days on Market
76
Current Estimated Value
$225,758

Purchase Details

Listed on
Aug 5, 2024
Closed on
Nov 15, 2024
Sold by
Pleasant & Summer Llc
Bought by
Morin Hailee and Morin Douglass M
Seller's Agent
Kathy Harris
Portside Real Estate Group
Buyer's Agent
Cindy Chamberland
Landing Real Estate
List Price
$329,900
Sold Price
$225,000
Premium/Discount to List
-$104,900
-31.8%
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
1.22%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $225,000 None Available
Warranty Deed $225,000 None Available
Warranty Deed $225,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $22,766 FHA
Previous Owner $28,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $225,000 -10.0% $90 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $250,000 -9.1% $100 / Sq Ft
10/05/2024 10/05/24 Price Changed $275,000 -8.3% $110 / Sq Ft
08/17/2024 08/17/24 Price Changed $299,900 -9.1% $120 / Sq Ft
08/05/2024 08/05/24 For Sale $329,900 -- $132 / 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 $2,728 $85,880 $11,400 $74,480
2023 $2,576 $85,880 $11,400 $74,480
2022 $2,448 $85,880 $11,400 $74,480
2021 $2,427 $85,880 $11,400 $74,480
2020 $2,462 $85,880 $11,400 $74,480
2019 $2,483 $85,880 $11,400 $74,480
2018 $2,462 $85,880 $11,400 $74,480
2017 $2,406 $85,880 $11,400 $74,480
2016 $2,365 $85,880 $11,400 $74,480
2015 $2,351 $85,880 $11,400 $74,480
2014 $2,284 $85,880 $11,400 $74,480
2013 $2,271 $85,880 $11,400 $74,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1599354

Maine Listings

APN: LEWI-000206-000000-000068