NOT LISTED FOR SALE

56 Webber Ave Lewiston, ME 04240

Estimated Value: $467,000 - $564,676

4 Beds
4 Baths
3,135 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $482,500 $154 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,222/month

5 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Wood Flooring
  • 3 Car Attached Garage
  • 1-Story Property

About This Home

As of May 2023

Immaculate 3 unit with 3 bay heated garage on a dead end street in Lewiston! With plenty of parking, this is a true rare find. Building has only had 2 owners, property has been owner occupied and meticulously maintained. Lots of amenities and updates including porches for each unit and stone patio behind garage! Rent are well below market rate for increased cash flow opportunity with first floor unit also having a partially finished basement. Located conveniently close to all that Lewiston has to offer.

Last Agent to Sell the Property

Anthony Poulin

Meservier & Associates Listed on: 03/29/2023

Last Buyer's Agent

Karen Edgcombe

Maine Real Estate Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,495

Year Built

  • Built in 1945

Lot Details

  • 10,019 Sq Ft Lot
  • Street terminates at a dead end
  • Landscaped
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,135 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 075
  • Assessor Parcel Number LEWI-000177-000000-000075

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $13,549
  • Gross Income $21,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,495

Year Built

Built in 1945

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3135.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1945
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3135.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 21960.0
  • Income Expenses Operating Expenses: 13549.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Roads:Dead End: Yes
  • Vehicle Storage:Heated: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Finished, Full, Interior Entry
  • Full Bathrooms: 4
  • Flooring: Wood, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Heated Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 10018.8
  • Parcel #: LEWI-000177-000000-000075
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 21960.0
  • Annual Operating Expense: 13549.0

Tax Info

  • Tax Annual Amount: 4495.0
  • Tax Book Number: 9723
  • Tax Lot: 075
  • Tax Map Number: 177
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 8, 2023
Sold by
Carrier Whitney and Carrier Devin
Bought by
Masake Grevy D
Seller's Agent
Anthony Poulin
Meservier & Associates
Buyer's Agent
Karen Edgcombe
Maine Real Estate Co
List Price
$425,000
Sold Price
$482,500
Premium/Discount to List
$57,500
13.53%
Current Estimated Value
$512,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,735
Avg. Annual Appreciation
3.52%
Original Mortgage
$454,313
Outstanding Balance
$444,133
Interest Rate
6.42%
Mortgage Type
FHA
Estimated Equity
$77,586

Purchase Details

Closed on
Nov 7, 2017
Sold by
Mathieu Jacqueline
Bought by
Carrier Devin and Carrier Whitney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.83%
Mortgage Type
FHA
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
Masake Grevy D $482,500 None Available
Carrier Devin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masake Grevy D $454,313
Previous Owner Carrier Devin $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $482,500 +13.5% $154 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $425,000 -- $136 / 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 $5,010 $157,710 $17,880 $139,830
2023 $4,731 $157,710 $17,880 $139,830
2022 $4,495 $157,710 $17,880 $139,830
2021 $4,457 $157,710 $17,880 $139,830
2020 $4,522 $157,710 $17,880 $139,830
2019 $4,559 $157,710 $17,880 $139,830
2018 $4,522 $157,710 $17,880 $139,830
2017 $4,419 $157,710 $17,880 $139,830
2016 $4,343 $157,710 $17,880 $139,830
2015 $4,096 $149,640 $17,880 $131,760
2014 $3,979 $149,640 $17,880 $131,760
2013 $3,956 $149,640 $17,880 $131,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1554849

Maine Listings

APN: LEWI-000177-000000-000075