NOT LISTED FOR SALE

75 Elm St Lewiston, ME 04240

Estimated Value: $228,898 - $377,000

9 Beds
3 Baths
2,906 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $102,000 $35 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,956/month

81 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Level Lot
  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

As of July 2017

This is a great investment! This 3-unit building offers 3 large bedrooms in each unit. All units have had significant upgrades. The building has new shingles, additional insulation, new flooring, fresh paint, new natural gas heating system and hot water tanks, & newer appliances. These are just a few of the many capital improvements completed.

Last Agent to Sell the Property

Clayton Larochelle

Fontaine Family-The Real Estate Leader Listed on: 03/09/2017

Last Buyer's Agent

Ann Parker

CENTURY 21 Advantage

CENTURY 21 Advantage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2,906 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 359
  • Assessor Parcel Number 75ELMST00LEWISTON23D075

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $13,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Directions: From Sabattus, take right on Oak Street, right on Elm Street
  • Above Grade Finished Sq Ft: 2906.0
  • Architectural Style: Multi-Level
  • Year Built: 1904
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2906.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Radiant: Yes
  • Income Expenses Gross Income: 13980.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Heat System:Radiator: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Not Applicable, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Radiant, Hot Water, 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: 5662.8
  • Parcel #: 75ELMST00LEWISTON23D075
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 13980.0

Tax Info

  • Tax Annual Amount: 2684.0
  • Tax Book Number: 8339
  • Tax Lot: 359
  • Tax Map Number: 194
  • Tax Year: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
Jul 21, 2017
Sold by
Thornton Patrick D and Morin Elizabeth A
Bought by
Monga Kamal and Monga Sandhya
Seller's Agent
Clayton Larochelle
Fontaine Family-The Real Estate Leader
Buyer's Agent
Ann Parker
CENTURY 21 Advantage
List Price
$115,000
Sold Price
$102,000
Premium/Discount to List
-$13,000
-11.3%
Current Estimated Value
$304,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,725
Avg. Annual Appreciation
14.43%
Original Mortgage
$76,500
Outstanding Balance
$41,911
Interest Rate
3.16%
Mortgage Type
New Conventional
Estimated Equity
$254,808

Purchase Details

Listed on
Oct 22, 2011
Closed on
Feb 17, 2012
Sold by
Rioux Jeffrey
Bought by
Thornton Patrick D and Morin Elizabeth A
Seller's Agent
Maurice Rioux
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$119,000
Sold Price
$100,000
Premium/Discount to List
-$19,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%
Original Mortgage
$75,000
Interest Rate
3.93%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Monga Kamal -- --
Thornton Patrick D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monga Kamal $76,500
Previous Owner Thornton Patrick D $75,000
Previous Owner Rioux Jeffrey $120,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2017 07/20/17 Sold $102,000 -11.3% $35 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $115,000 +15.0% $40 / Sq Ft
02/15/2012 02/15/12 Sold $100,000 -16.0% $32 / Sq Ft
01/01/2012 01/01/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $119,000 -- $38 / 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 $3,096 $97,440 $14,400 $83,040
2023 $2,923 $97,440 $14,400 $83,040
2022 $2,777 $97,440 $14,400 $83,040
2021 $2,754 $97,440 $14,400 $83,040
2020 $2,794 $97,440 $14,400 $83,040
2019 $2,817 $97,440 $14,400 $83,040
2018 $2,794 $97,440 $14,400 $83,040
2017 $2,730 $97,440 $14,400 $83,040
2016 $2,683 $97,440 $14,400 $83,040
2015 $2,667 $97,440 $14,400 $83,040
2014 $2,591 $97,440 $14,400 $83,040
2013 $2,576 $97,440 $14,400 $83,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1297289

Maine Listings

APN: LEWI-000194-000000-000359