$435,000
SOLD FEB 24, 2025

589 College St Lewiston, ME 04240

-- Bed
2 Baths
2,716 Sq Ft
0.74 Acres

Recently Sold

$160 Per Sq Ft

9% Above List Price

2 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • 2 Car Attached Garage
  • 0.74 Acre Lot
  • No HOA
  • Shed

About This Home

As of February 2025

Welcome to 589 College Street, a well maintained 2 unit property with plenty to offer!

Both units have 3 bedrooms, a spacious layout, and there's plenty of parking. In addition to the ample parking, there's a 2 car garage, paved driveway, carport, shed, and a great fireplace area. ALSO, the Hot Tub stays! The upstairs unit has been fully renovated and tastefully updated, while the first floor unit has been well kept throughout. The building is run off an efficient Natural Gas Boiler, has a metal roof, and each unit has their own dedicated electric meter. The property now is used by one family as an in-law but would make a fantastic owner-occupy or Investment property. If you've been looking for a property that can fit everyone, or an investment building worth investing in. This is one you'll want to come take a look at.

Reach out to book your showing today!

Last Agent to Sell the Property

Kyle Charest

Meservier & Associates Listed on: 01/10/2025

Last Buyer's Agent

Jessie Daniels

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 1885

Lot Details

  • 0.74 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,716 Sq Ft Home
  • Multi-Level Property
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate

Unfinished Basement

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

Outdoor Features

  • Spa
  • Shed

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Generator Hookup
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number LEWI-000143-000000-000011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,746

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.74
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2716.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1885
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 146.72
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.74
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2716.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Style:Multi-Level: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Electric:Generator Hookup: Yes
  • Vehicle Storage:Carport: Yes
  • Amenities:Hot Tub: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Welcome to 589 College Street, a well maintained 2 unit property with plenty to offer! Both units have 3 bedrooms, a spacious layout, and there's plenty of parking. In addition to the ample parking, there's a 2 car garage, paved driveway, carport, shed, and a great fireplace area. ALSO, the Hot Tub stays! The upstairs unit has been fully renovated and tastefully updated, while the first floor unit has been well kept throughout. The building is run off an efficient Natural Gas Boiler, has a metal roof, and each unit has their own dedicated electric meter. The property now is used by one family as an in-law but would make a fantastic owner-occupy or Investment property. If you've been looking for a property that can fit everyone, or an investment building worth investing in. This is one you'll want to come take a look at. Reach out to book your showing today! FMI Contact Kyle Charest @ Meservier & Associates. **Sale is contingent on sellers finding suitable housing**
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Private Spa: Yes
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Carport

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32234.4
  • Parcel #: LEWI-000143-000000-000011
  • Zoning: SR

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3746.0
  • Tax Lot: 011
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Feb 24, 2025
Sold by
Therrien John R
Bought by
Daniels Jessie L
Seller's Agent
Kyle Charest
Meservier & Associates
Buyer's Agent
Jessie Daniels
Realty of Maine
List Price
$398,500
Sold Price
$435,000
Premium/Discount to List
$36,500
9.16%
Views
8
Current Estimated Value
$461,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,892
Avg. Annual Appreciation
7.99%
Original Mortgage
$391,500
Outstanding Balance
$388,844
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$73,048

Purchase Details

Closed on
Mar 23, 2015
Sold by
Cote Roland G
Bought by
Therrien John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.6%
Mortgage Type
Unknown
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $435,000 None Available
Warranty Deed $435,000 None Available
Warranty Deed $435,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,500 Purchase Money Mortgage
Closed $391,500 Purchase Money Mortgage
Previous Owner $116,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2025 02/24/25 Sold $435,000 +9.2% $160 / Sq Ft
01/12/2025 01/12/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $398,500 -- $147 / 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 $3,865 $117,900 $27,600 $90,300
2024 $3,746 $117,900 $27,600 $90,300
2023 $3,537 $117,900 $27,600 $90,300
2022 $3,360 $117,900 $27,600 $90,300
2021 $3,332 $117,900 $27,600 $90,300
2020 $30,787 $117,900 $27,600 $90,300
2019 $3,408 $117,900 $27,600 $90,300
2018 $3,380 $117,900 $27,600 $90,300
2017 $3,304 $117,900 $27,600 $90,300
2016 $3,247 $117,900 $27,600 $90,300
2015 $3,227 $117,900 $27,600 $90,300
2014 $3,135 $117,900 $27,600 $90,300
2013 $3,117 $117,900 $27,600 $90,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1612304

Maine Listings

APN: LEWI-000143-000000-000011