$425,000
SOLD NOV 21, 2024
-- Bed
3 Baths
2,492 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

7% Above List Price

3 Days on Market

Highlights

  • Nearby Water Access
  • Forced Air Heating System
  • 1 Car Garage
  • No HOA
  • Hot Water Heating System
  • Level Lot

About This Home

As of November 2024

Welcome to 6 Goddard Street! This beautifully updated three-unit multifamily home is fully leased with tenants at will, offering a fantastic investment opportunity. Nestled on a quiet street in the heart of Lisbon Village, this property is just steps away from the charming shops and restaurants that define this lovely town.

Lisbon Falls, Maine, is known for its picturesque landscapes and vibrant community. With access to scenic river trails, parks, and outdoor recreational activities, residents enjoy a perfect blend of nature and small-town charm.

The first and second-floor units each feature three bedrooms and one bathroom, complete with convenient laundry hookups. The third-floor attic unit offers a cozy one-bedroom, one-bathroom layout. Each unit has its own designated heating system and utilities for added convenience.

Recent upgrades include new exterior paint, fresh paint, flooring, and carpet in the hallways, as well as many updates to units one and three. Additional enhancements include lead-safe documentation, new fire-rated steel doors, a newly constructed front porch, fresh door frames, and new shingles on the porch roof. Ample parking and storage space enhance the property's appeal.

With easy access to beautiful river trails and quick connections to the highways, you'll enjoy the best of both worlds. Please note that the building is tenant-occupied, so a 24-hour notice is required for showings. Don't miss out on this prime investment opportunity in a vibrant community! Group Showings 10/19 & 10/20 Sat. & Sun 1p-3pm by appointment. Offers Due 10/21 at 5pm

Last Agent to Sell the Property

Nichole Cullen

Locations Real Estate Group LLC Listed on: 10/18/2024

Last Buyer's Agent

Michaela Crawford

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,072

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,492 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Nearby Water Access
  • Outbuilding

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number LISN-000005U-000000-000122

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $6,000
  • Gross Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,072

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Topsham take Rt 196, right on Main St, right on Goddard St to #6 on the left.
  • Above Grade Finished Sq Ft: 2492.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2492.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 44400.0
  • Income Expenses Operating Expenses: 6000.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Dirt Floor, Full, Exterior Only
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Outbuilding
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 5662.8
  • Parcel #: LISN-000005U-000000-000122
  • Zoning: Residential Village

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 44400.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 3072.0
  • Tax Book Number: 6810
  • Tax Lot: 122
  • Tax Map Number: U05
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Nov 21, 2024
Sold by
Eastman Brian S
Bought by
Hassoon Ghassan S
Seller's Agent
Nichole Cullen
Locations Real Estate Group LLC
Buyer's Agent
Michaela Crawford
Keller Williams Realty
List Price
$399,000
Sold Price
$425,000
Premium/Discount to List
$26,000
6.52%
Current Estimated Value
$441,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,487
Avg. Annual Appreciation
-2.69%
Original Mortgage
$403,750
Outstanding Balance
$402,226
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$14,747

Purchase Details

Closed on
Jun 29, 2006
Sold by
Eastman Brian S and Eastman Jeanine M
Bought by
Eastman Brian S
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 $425,000 None Available
Warranty Deed $425,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,750 Purchase Money Mortgage
Closed $403,750 Purchase Money Mortgage
Previous Owner $13,256 Unknown
Previous Owner $33,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $425,000 +6.5% $171 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $399,000 -- $160 / 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 $3,911 $287,600 $38,900 $248,700
2023 $3,072 $145,600 $25,700 $119,900
2022 $3,363 $145,600 $25,700 $119,900
2021 $3,218 $145,600 $25,700 $119,900
2020 $3,363 $145,600 $25,700 $119,900
2019 $3,363 $145,600 $25,700 $119,900
2018 $3,125 $125,800 $22,400 $103,400
2017 $2,919 $125,800 $22,400 $103,400
2016 $2,818 $125,800 $22,400 $103,400
2015 $2,887 $122,400 $21,200 $101,200
2014 $2,987 $122,400 $21,200 $101,200
2013 $2,815 $122,400 $21,200 $101,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1607180

Maine Listings

APN: LISN-000005U-000000-000122