NOT LISTED FOR SALE

497 Main St Lewiston, ME 04240

Estimated Value: $392,000 - $473,000

8 Beds
3.5 Baths
4,055 Sq Ft
$105/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $230,000 $57 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,772/month

434 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attic
  • Property is near public transit
  • Victorian Architecture
  • 2 Fireplaces

About This Home

As of June 2019

We are pleased to offer for sale an outstanding two-unit investment property, previously rented to Bates College students. This well-maintained historic Victorian home features two 4-bedroom units, charming period details, a full basement and porch, plus off-street paved parking. With a solid rental history, the new owner could continue to rent both units, or this would be an excellent owner-occupy. Located near Bates College, Central Maine Medical Center and St. Mary's Regional Medical Center. For more information on this unique investment property, please contact the Broker.

Last Agent to Sell the Property

Cheri Bonawitz

Malone Commercial Brokers, Inc. Listed on: 03/05/2019

Co-Listed By

Karen Rich

Malone Commercial Brokers, Inc.

Last Buyer's Agent

Rodney Wormell

Partners Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,987

Year Built

  • Built in 1882

Lot Details

  • 10,454 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Property is zoned OFFICE RES

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Slate Roof
  • Masonry

Interior Spaces

  • 4,055 Sq Ft Home
  • 2 Fireplaces
  • Fire Sprinkler System
  • Dishwasher
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 177
  • Assessor Parcel Number 497MAIN STREETLewiston193177

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,987

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2284
  • Co List Office Phone: 207-772-2422
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4055.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Year Built: 1882
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4055.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Foundation Materials:Stone: Yes
  • Parking:On Site2: Yes
  • Heat System:Steam: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Amenities:Attic: Yes
  • Site:RollingSloping: Yes
  • Equipment:Cable: Yes
  • Exterior:Brick: Yes
  • Transportation:Public Transport Access: Yes
  • Misc Amenities Sprinkler: Yes
  • Roof:Slate: Yes
  • Construction:Masonry: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic, Pantry, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Open Lot, Rolling Slope, Landscaped, Intown, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Brick, Masonry, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Pitched, Slate
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Security: Sprinkler
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Hot Water
  • 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: 10454.4
  • Parcel #: 497MAIN STREETLewiston193177
  • Zoning: OFFICE RES

Tax Info

  • Tax Annual Amount: 4987.0
  • Tax Book Number: 6164
  • Tax Lot: 177
  • Tax Map Number: 193
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
May 24, 2019
Sold by
Lavigne Joseph E
Bought by
Emanuel William K
Seller's Agent
Cheri Bonawitz
Malone Commercial Brokers, Inc.
Buyer's Agent
Rodney Wormell
Partners Realty
List Price
$285,000
Sold Price
$230,000
Premium/Discount to List
-$55,000
-19.3%
Current Estimated Value
$425,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,764
Avg. Annual Appreciation
10.68%
Source: Public Records

Range of Values:

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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
Emanuel William K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavigne Joseph E $206,115
Previous Owner Lavigne Joseph E $92,000
Previous Owner Lavigne Joseph E $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2019 06/05/19 Sold $230,000 -19.3% $57 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
03/07/2018 03/07/18 For Sale $285,000 -- $70 / 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 $6,144 $193,380 $33,480 $159,900
2023 $5,801 $193,380 $33,480 $159,900
2022 $5,511 $193,380 $33,480 $159,900
2021 $5,465 $193,380 $33,480 $159,900
2020 $5,544 $193,380 $33,480 $159,900
2019 $5,591 $193,380 $33,480 $159,900
2018 $5,544 $193,380 $33,480 $159,900
2017 $5,419 $193,380 $33,480 $159,900
2016 $5,326 $193,380 $33,480 $159,900
2015 $5,293 $193,380 $33,480 $159,900
2014 $5,142 $193,380 $33,480 $159,900
2013 $5,113 $193,380 $33,480 $159,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1340758

Maine Listings

APN: LEWI-000193-000000-000177