M
Seller's Agent in 2022
Mitchell Lachapelle
Legacy Realty
5 Vale St Lewiston, ME 04240
Estimated Value: $349,000 - $481,680
--
Bed
3
Baths
3,270
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Corner Lot
- Double Pane Windows
- Wood Flooring
- No HOA
- Baseboard Heating
About This Home
As of February 2022Fully occupied oversized 3-unit located in good neighborhood within walking distance to Bates College. Each unit consists of 4 large bedrooms and 1 bathroom. Light floods into each unit from an abundance of large vinyl windows. Hardwood floors, fresh paint, and many updates over the recent years make this property turnkey and easy to rent. Historically has been rented primarily to bates students with virtually no vacancies. Building situated on a double corner lot that was recently paved to create many parking spaces for all tenants and guests. This is a rare find and will not last long, schedule your showing today! Minimum of 24-hour notice required.
Last Agent to Sell the Property
Mitchell Lachapelle
Legacy Realty Listed on: 01/22/2022
Last Buyer's Agent
Alicia Frech Ashley Koss
Better Homes & Gardens Real Estate/The Masiello Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,424
Year Built
- Built in 1920
Lot Details
- 4,792 Sq Ft Lot
- Corner Lot
- Interior Lot
- Level Lot
- Open Lot
Home Design
- Block Foundation
- Wood Frame Construction
- Membrane Roofing
- Asbestos Siding
- Asbestos
- Masonry
Interior Spaces
- 3,270 Sq Ft Home
- 3-Story Property
- Double Pane Windows
- Wood Flooring
Bedrooms and Bathrooms
- 3 Full Bathrooms
- Shower Only
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- On-Street Parking
Accessible Home Design
- Doors are 32 inches wide or more
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Gas Water Heater
Listing and Financial Details
- Tax Lot 297
- Assessor Parcel Number LEWI-000194-000000-000297
Community Details
Overview
- No Home Owners Association
- 3 Units
- The community has rules related to deed restrictions
Pet Policy
- Pets Allowed
- Pet Restriction
Building Details
- Operating Expense $9,610
- Gross Income $56,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2022
Closed on
Feb 28, 2022
Sold by
Chapel Holdings Llc
Bought by
Delta Properties Llc
Seller's Agent
Mitchell Lachapelle
Legacy Realty
Buyer's Agent
Alicia Frech Ashley Koss
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$349,000
Sold Price
$375,000
Premium/Discount to List
$26,000
7.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,170
Avg. Annual Appreciation
3.53%
Original Mortgage
$297,800
Outstanding Balance
$279,662
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$140,990
Purchase Details
Closed on
Apr 23, 2020
Sold by
67 Spring Llc
Bought by
Lachapelle Renee C and Lachapelle Timothy S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,600
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2019
Sold by
Lachapelle Timothy S
Bought by
76 Spring Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Delta Properties Llc | $375,000 | None Available | |
| Lachapelle Renee C | -- | None Available | |
| 76 Spring Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Delta Properties Llc | $297,800 | |
| Previous Owner | Lachapelle Renee C | $299,600 | |
| Previous Owner | Chapel Holdings Llc | $234,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2022 02/28/22 | Sold | $375,000 | +7.4% | $115 / Sq Ft |
| 01/26/2022 01/26/22 | Pending | -- | -- | -- |
| 01/22/2022 01/22/22 | For Sale | $349,000 | -- | $107 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $3,310 | $104,200 | $17,040 | $87,160 |
| 2023 | $3,126 | $104,200 | $17,040 | $87,160 |
| 2022 | $2,970 | $104,200 | $17,040 | $87,160 |
| 2021 | $2,389 | $84,540 | $17,040 | $67,500 |
| 2020 | $2,424 | $84,540 | $17,040 | $67,500 |
| 2019 | $2,444 | $84,540 | $17,040 | $67,500 |
| 2018 | $2,424 | $84,540 | $17,040 | $67,500 |
| 2017 | $4,260 | $152,040 | $17,040 | $135,000 |
| 2016 | $4,187 | $152,040 | $17,040 | $135,000 |
| 2015 | $4,161 | $152,040 | $17,040 | $135,000 |
| 2014 | $4,043 | $152,040 | $17,040 | $135,000 |
| 2013 | $4,020 | $152,040 | $17,040 | $135,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2022
Alicia Frech Ashley Koss
Better Homes & Gardens Real Estate/The Masiello Group
-
R
Buyer's Agent in 2022
Ramsey Pulkk Alicia Frechette
William Raveis Real Estate
-
Alicia Frech Ramsey Pulkkinen
Buyer's Agent in 2022
Alicia Frech Ramsey Pulkkinen
A Team Realty
(207) 890-7425
10 in this area
259 Total Sales
Map
Source: Maine Listings
MLS Number: 1518416
APN: LEWI-000194-000000-000297
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