NOT LISTED FOR SALE

7 Sylvan Ave Lewiston, ME 04240

Estimated Value: $333,677 - $339,000

2 Beds
2 Baths
2,096 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $230,000 $110 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,177/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Fireplace
  • Property is near public transit
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2021

Well-maintained 2-Unit on spacious lot in convenient intown neighborhood - close to everything! There is much to like about this property which would be great for an owner-occupy or investment. Big rooms in each unit, hardwood floors, period details from trim & doors to bay windows & abundant natural light throughout. Nice curb appeal w/wrap-around front porch, & first-floor has enclosed porch overlooking, big, level backyard. Two-car garage is an absolute bonus for an intown building & extra storage w/outbuilding in backyard. Plenty of room to gather, play, BBQ & more in the yard. Conveniently located w/shopping, restaurants, hospitals & turnpike just minutes away. Solid numbers w/potential for investors. Personal letters will not be presented to seller to avoid fair housing issues.

Last Agent to Sell the Property

Brian DuBois

Keller Williams Realty Listed on: 05/10/2021

Keller Williams Realty

Last Buyer's Agent

Steven Brackett

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 1911

Lot Details

  • 0.32 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,096 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Screened Porch
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Outbuilding

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Gas Water Heater
  • Water Heated On Demand
  • Internet Available

Listing and Financial Details

  • Tax Lot 445
  • Assessor Parcel Number LEWI-000174-000000-000445

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $6,400
  • Gross Income $18,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,952

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2096.0
  • Architectural Style: Cape, Multi-Level, Other Style
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1911
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.32
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2096.0
  • Property Information:Garage: 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 Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 18240.0
  • Income Expenses Operating Expenses: 6400.0
  • Style:Multi-Level: Yes
  • Heat System:Steam: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Radiator: Yes
  • Exterior:Asbestos: Yes
  • Transportation:Public Transport Access: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Other, Carpet
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator
  • 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: 13939.2
  • Parcel #: LEWI-000174-000000-000445
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18240.0
  • Annual Operating Expense: 6400.0

Tax Info

  • Tax Annual Amount: 2952.0
  • Tax Book Number: 8874
  • Tax Lot: 445
  • Tax Map Number: 174
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 8, 2021
Sold by
64 Lisbon Street Llc
Bought by
Furrow Tiffani
Seller's Agent
Brian DuBois
Keller Williams Realty
Buyer's Agent
Steven Brackett
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$199,000
Sold Price
$230,000
Premium/Discount to List
$31,000
15.58%
Current Estimated Value
$335,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,919
Avg. Annual Appreciation
10.06%
Original Mortgage
$225,834
Outstanding Balance
$206,678
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$129,241

Purchase Details

Closed on
Mar 3, 2009
Sold by
Gravel Roland
Bought by
Levesque Jason J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Furrow Tiffani -- None Available
Levesque Jason J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furrow Tiffani $225,834
Previous Owner 64 Lisbon Street Llc $360,000
Previous Owner 64 Lisbon Street Llc $110,750
Previous Owner Levesque Jason J $50,000
Previous Owner Levesque Jason J $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $230,000 +15.6% $110 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $199,000 -- $95 / 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 $3,663 $115,300 $18,240 $97,060
2023 $3,459 $115,300 $18,240 $97,060
2022 $3,286 $115,300 $18,240 $97,060
2021 $2,910 $102,980 $18,240 $84,740
2020 $2,952 $102,980 $18,240 $84,740
2019 $2,977 $102,980 $18,240 $84,740
2018 $2,952 $102,980 $18,240 $84,740
2017 $2,695 $96,180 $18,240 $77,940
2016 $2,649 $96,180 $18,240 $77,940
2015 $2,632 $96,180 $18,240 $77,940
2014 $2,557 $96,180 $18,240 $77,940
2013 $2,543 $96,180 $18,240 $77,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1490997

Maine Listings

APN: LEWI-000174-000000-000445