NOT LISTED FOR SALE

62 Fairlawn Ave Lewiston, ME 04240

Estimated Value: $324,000 - $342,000

5 Beds
2 Baths
2,028 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $320,000 $158 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,107/month

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Baseboard Heating
  • Main Floor Bedroom
  • Porch
  • Level Lot

About This Home

As of December 2023

A must see spacious duplex w/ large kitchens, hardwood floors and many updates throughout. Unit 2, includes a new kitchen, new flooring and its own sun porch. Washer/dryer hookups, new furnace and hot water tanks, roof rubber coated 2 yrs ago. Great backyard and an outdoor shed. This is a great owner occupy or investment property. Conveniently located on a quiet Lewiston street with easy access to amenities. Great investment opportunity! Please come to one of the group showings and take a look at what these 2 units have to offer.

Last Agent to Sell the Property

Thomas Kennedy

Cottage & Co Real Estate Listed on: 10/05/2023

Last Buyer's Agent

Faith Fontaine

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1927

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,028 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number LEWI-000146-000000-000133

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,965
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,998

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: East Ave right on Fairlawn
  • Above Grade Finished Sq Ft: 2028.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1927
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2028.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 24000.0
  • Income Expenses Operating Expenses: 4965.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:BrickMortar: Yes
  • Heat System:Radiator: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Brick/Mortar, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Flat
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: LEWI-000146-000000-000133
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 4965.0

Tax Info

  • Tax Annual Amount: 2998.0
  • Tax Book Number: 10137
  • Tax Lot: 133
  • Tax Map Number: 146
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Dec 8, 2023
Sold by
Raymond Robert
Bought by
Irambona Thierry and Nahimana Nadine
Seller's Agent
Thomas Kennedy
Cottage & Co Real Estate
Buyer's Agent
Faith Fontaine
Keller Williams Realty
List Price
$275,000
Sold Price
$320,000
Premium/Discount to List
$45,000
16.36%
Current Estimated Value
$332,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,875
Avg. Annual Appreciation
3.45%
Original Mortgage
$309,320
Outstanding Balance
$306,157
Interest Rate
7.79%
Mortgage Type
FHA
Estimated Equity
$32,610

Purchase Details

Closed on
Jul 19, 2011
Sold by
Mathon Melissa A and Fnma
Bought by
Federal National Mortgage Association
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
Irambona Thierry $320,000 None Available
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irambona Thierry $309,320
Previous Owner Mathon John M $133,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $320,000 +16.4% $158 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $275,000 +223.5% $136 / Sq Ft
07/22/2019 07/22/19 Sold $85,000 -15.0% $42 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $100,000 -- $49 / 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 $3,406 $107,200 $16,920 $90,280
2023 $3,156 $105,200 $16,920 $88,280
2022 $2,998 $105,200 $16,920 $88,280
2021 $2,973 $105,200 $16,920 $88,280
2020 $2,502 $87,260 $16,920 $70,340
2019 $2,523 $87,260 $16,920 $70,340
2018 $2,502 $87,260 $16,920 $70,340
2017 $2,445 $87,260 $16,920 $70,340
2016 $2,403 $87,260 $16,920 $70,340
2015 $2,388 $87,260 $16,920 $70,340
2014 $2,320 $87,260 $16,920 $70,340
2013 $2,307 $87,260 $16,920 $70,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1562889

Maine Listings

APN: LEWI-000146-000000-000133