NOT LISTED FOR SALE

53 Maple St Lewiston, ME 04240

-- Bed
4 Baths
6,512 Sq Ft
7,405 Sq Ft Lot

Last Sold April 27, 2023

Last sale price $550,000 $84 Per Sq Ft

9 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Asbestos
  • No HOA
  • Baseboard Heating

About This Home

As of April 2023

This oversized 4-unit features 1,600 +/- SF of living space per floor, with a four bedroom apartment on each level. Rental rates for 4-bedroom units mean that this multi will cashflow like a 6-unit than a 4-unit! Other perks include a new boiler and plenty of parking.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 03/08/2023

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Rebecca Tibbetts

Coldwell Banker Plourde Real Estate

Coldwell Banker Plourde Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1891

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 4 Full Bathrooms
  • 6,512 Sq Ft Home
  • Multi-Level Property
  • Laminate Flooring

Unfinished Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 274
  • Assessor Parcel Number LEWI-000196-000000-000274

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $16,333
  • Gross Income $87,324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,468

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6512.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1891
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 72.94
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 6512.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 87324.0
  • Income Expenses Operating Expenses: 16333.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Exterior:Asbestos: Yes
  • Advertising Remarks:Advertising Remarks: This oversized 4-unit features 1,600 +/- SF of living space per floor, with a four bedroom apartment on each level. Rental rates for 4-bedroom units mean that this multi will cashflow like a 6-unit than a 4-unit! Other perks include a new boiler and plenty of parking.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 7405.2
  • Parcel #: LEWI-000196-000000-000274
  • Zoning: R

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 87324.0
  • Annual Operating Expense: 16333.0

Tax Info

  • Tax Annual Amount: 2468.0
  • Tax Lot: 274
  • Tax Year: 2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $550,000 +15.8% $84 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $475,000 -- $73 / 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
2025 $3,448 $105,200 $23,880 $81,320
2024 $3,342 $105,200 $23,880 $81,320
2023 $3,156 $105,200 $23,880 $81,320
2022 $2,468 $86,600 $23,880 $62,720
2021 $2,447 $86,600 $23,880 $62,720
2020 $2,184 $76,170 $23,880 $52,290
2019 $2,202 $76,170 $23,880 $52,290
2018 $2,184 $76,170 $23,880 $52,290
2017 $2,134 $76,170 $23,880 $52,290
2016 $2,098 $76,170 $23,880 $52,290
2015 $2,085 $76,170 $23,880 $52,290
2014 $1,701 $63,980 $23,880 $40,100
2013 $2,207 $83,460 $23,880 $59,580
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1553542

Maine Listings