NOT LISTED FOR SALE

48 Stanley St Lewiston, ME 04240

Estimated Value: $401,000 - $463,000

5 Beds
3 Baths
3,189 Sq Ft
$133/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $411,000 $129 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,843/month

11 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • Corner Lot

About This Home

As of December 2023

Discover a unique blend of luxury and practicality in this dual-unit property, perfectly situated on a private corner lot. Unit 1 features its own attached garage with three private entries, leading into a welcoming mudroom complete with storage and a washer-dryer setup. The first floor boasts an open kitchen with newer appliances, a pantry, and a cozy kitchen nook with a sliding door, alongside a formal dining room and a large living room with sleek built-ins. The private basement offers additional space for storage. Upstairs, the second floor includes a full large bathroom with tile flooring, a bathtub, two bedrooms, and a large primary suite complete with ample closet space, a bathroom, and a balcony overlooking the heated pool.

Unit 2, equally impressive, has its own attached garage with two private entries. It features a large kitchen that opens to a spacious dining and living room area, two sizable bedrooms, and comes equipped with a washer, dryer, microwave, electric range, and dishwasher. Recent upgrades throughout the unit ensure a contemporary living experience.

The property's exterior is sure to impress, featuring a fenced-in patio area next to the heated pool, creating an ideal setting for unforgettable backyard gatherings.

The property boasts enhanced energy efficiency, currently equipped with 2 meters and a third ready for wiring. Additionally, it has been recently converted from oil to natural gas, further modernizing the home. The property's unique layout is ideal for you to comfortably occupy one unit and rent out the other. This setup ensures complete privacy from your tenants and offers a practical way to offset your mortgage payments.
Located just minutes from essential amenities, this property is ideal for those seeking a balance of private living and convenient access to urban life. Group Showings 11/1 from 3:00-5:00 and 11/4 from 9:00-11:00. Offer Deadline 11/4 10:00 PM with response time 11/5 10:00 AM.

Last Agent to Sell the Property

Tessie Elwell

EXP Realty Listed on: 10/26/2023

EXP Realty

Co-Listed By

Tasha Michaud

EXP Realty

Last Buyer's Agent

Christiana Daigle

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,228

Year Built

  • Built in 1936

Lot Details

  • 0.46 Acre Lot
  • Fenced
  • Corner Lot
  • Level Lot

Parking

  • 4 Car Direct Access Garage
  • Subterranean Parking
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,189 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Storm Doors
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Brick Basement
  • Interior Basement Entry
  • Sump Pump
  • Dirt Floor
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number LEWI-000119-000000-000074

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $14,391
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,228

Year Built

Built in 1936

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2742
  • Co List Office Phone: 888-439-8743
  • MLS Status: Closed
  • Directions: FOR PARKING: You are welcome to park either in the driveway of the two-car garage or on the street.
  • Above Grade Finished Sq Ft: 3189.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Ceiling Fans
  • Building Stories: 2
  • Year Built: 1936
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.46
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3189.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: 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
  • Amenities:Fence: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 4.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 38400.0
  • Income Expenses Operating Expenses: 14391.38
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Exterior:Brick: Yes
  • Amenities:In-Law Apartment: Yes
  • Vehicle Storage:Heated: Yes
  • Vehicle Storage:Under: Yes
  • Equipment:Central Vacuum: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Brick/Mortar, Dirt Floor, Crawl Space, Full, Partial, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: Attic, Bathtub, In-Law Floorplan, Pantry, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level, Intown, Near Shopping, Neighborhood
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Vinyl Siding, Brick, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Heated Garage, Underground

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: LEWI-000119-000000-000074
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400.0
  • Annual Operating Expense: 14391.38

Tax Info

  • Tax Annual Amount: 5228.0
  • Tax Book Number: 9455, 11261
  • Tax Lot: 74
  • Tax Map Number: 119
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 6, 2023
Sold by
Haugen Diane G and Haugen Wallace H
Bought by
Bunga Maria and Bunga Pedro
Seller's Agent
Tessie Elwell
EXP Realty
Buyer's Agent
Christiana Daigle
Keller Williams Realty
List Price
$395,000
Sold Price
$411,000
Premium/Discount to List
$16,000
4.05%
Current Estimated Value
$425,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,327
Avg. Annual Appreciation
4.01%
Original Mortgage
$402,573
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 19, 2016
Sold by
Mar C Bissonnette
Bought by
Haugen Wallace and Haugen Diane
Seller's Agent
Normand Brodeur
Legacy Realty
Buyer's Agent
Jan Jacques
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$189,900
Sold Price
$179,900
Premium/Discount to List
-$10,000
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$185,836
Interest Rate
3.5%
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 Buyer Sale Price Title Company
Bunga Maria $411,000 None Available
Bunga Maria $411,000 None Available
Haugen Wallace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunga Pedro $405,390
Closed Bunga Maria $402,573
Previous Owner Haugen Wallace H $145,135
Previous Owner Haugen Wallace H $149,714
Previous Owner Haugen Wallace $185,836
Previous Owner Haugen Wallace --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $411,000 +4.1% $129 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $395,000 +119.6% $124 / Sq Ft
09/16/2016 09/16/16 Sold $179,900 -5.3% $58 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $189,900 -- $61 / 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 $5,680 $178,800 $23,830 $154,970
2023 $5,364 $178,800 $23,830 $154,970
2022 $5,228 $183,450 $28,480 $154,970
2021 $5,184 $183,450 $28,480 $154,970
2020 $5,260 $183,450 $28,480 $154,970
2019 $5,304 $183,450 $28,480 $154,970
2018 $4,181 $145,840 $28,480 $117,360
2017 $4,086 $145,840 $28,480 $117,360
2016 $3,741 $135,840 $18,480 $117,360
2015 $3,718 $135,840 $18,480 $117,360
2014 $3,612 $135,840 $18,480 $117,360
2013 $3,592 $135,840 $18,480 $117,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1575955

Maine Listings

APN: LEWI-000119-000000-000074