$283,250
SOLD OCT 29, 2024

5 Marie Cir Lewiston, ME 04240

-- Bed
2 Baths
1,824 Sq Ft
0.37 Acres

Recently Sold

$155 Per Sq Ft

3% Above List Price

39 Days on Market

Highlights

  • Raised Ranch Architecture
  • Shed
  • Level Lot
  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

As of October 2024

Welcome to this charming 2-unit property nestled in a Cul de Sac, sitting on a spacious, level lot, with a backyard ideal for outdoor activities and relaxation. Unit 1 on the upper level, has 2 bedrooms and unit 2 on the lower level has 1 bedroom. Both are long-term tenants, but this property would also be great as an owner occupy. New heating system was installed in 2023. Conveniently located near public transportation, shopping, & schools. Don't miss this opportunity to own a versatile investment in a prime location!

Last Agent to Sell the Property

Sierra Lemieux

Fontaine Family-The Real Estate Leader Listed on: 08/26/2024

Last Buyer's Agent

Michelle Gosselin

Home At Last Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,057

Year Built

  • Built in 1969

Lot Details

  • 0.37 Acre Lot
  • Street terminates at a dead end
  • Level Lot
  • Open Lot

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number LEWI-000143-000000-000020

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,927
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,057

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Off Montello St. House is on the right. Look for sign.
  • Above Grade Finished Sq Ft: 912.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1969
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.37
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 912.0
  • Property Information:SqFt Finished Below Grade: 912.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • 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 System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 25200.0
  • Income Expenses Operating Expenses: 8927.0
  • Basement:Crawl Space: Yes
  • Roads:Dead End: Yes
  • Water Heater:Tank: Yes
  • Style:Raised Ranch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Other Structures:Shed(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior, Crawl Space, Partial, Unfinished
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 912.0
  • Flooring: Vinyl, Carpet

Exterior Features

  • Lot Features: Open, Level, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Other Exterior, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

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: 16117.2
  • Parcel #: LEWI-000143-000000-000020
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25200.0
  • Annual Operating Expense: 8927.0

Tax Info

  • Tax Annual Amount: 3057.0
  • Tax Book Number: 10620
  • Tax Lot: 20
  • Tax Map Number: 143
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Oct 29, 2024
Sold by
Eid David R
Bought by
Bisson Dennis
Seller's Agent
Sierra Lemieux
Fontaine Family-The Real Estate Leader
Buyer's Agent
Michelle Gosselin
Home At Last Realty
List Price
$275,000
Sold Price
$283,250
Premium/Discount to List
$8,250
3%
Views
3
Current Estimated Value
$289,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,496
Avg. Annual Appreciation
2.05%
Original Mortgage
$278,119
Outstanding Balance
$276,773
Interest Rate
6.2%
Mortgage Type
FHA
Estimated Equity
$10,653

Purchase Details

Closed on
Jan 19, 2021
Sold by
Eid Lisa M
Bought by
Eid David R and Eid Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
2.71%
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 $283,250 None Available
Warranty Deed $283,250 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $278,119 FHA
Closed $278,119 FHA
Previous Owner $123,750 Purchase Money Mortgage
Previous Owner $67,200 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $283,250 +3.0% $155 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $275,000 0.0% $151 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $275,000 -- $151 / 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 $3,237 $101,900 $23,040 $78,860
2023 $3,057 $101,900 $23,040 $78,860
2022 $2,904 $101,900 $23,040 $78,860
2021 $2,880 $101,900 $23,040 $78,860
2020 $2,921 $101,900 $23,040 $78,860
2019 $2,946 $101,900 $23,040 $78,860
2018 $2,921 $101,900 $23,040 $78,860
2017 $2,855 $101,900 $23,040 $78,860
2016 $2,806 $101,900 $23,040 $78,860
2015 $2,789 $101,900 $23,040 $78,860
2014 $2,710 $101,900 $23,040 $78,860
2013 $2,694 $101,900 $23,040 $78,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1598024

Maine Listings

APN: LEWI-000143-000000-000020