NOT LISTED FOR SALE

76 Fairlawn Ave Lewiston, ME 04240

Lewiston Area

Estimated Value: $259,000 - $723,000

4 Beds
4 Baths
3,675 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2023

Last sale price $601,200 $164 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,411 / mo

15 Days on Market

Highlights

  • Additional Residence on Property
  • No HOA
  • Interior Lot
  • Wood Flooring
  • 4 Car Attached Garage
  • Property is near shops

About This Home

As of September 2023

Investors take notice! This property comes as a package, all units are currently on one deed. Property includes - one well maintained 2 unit and two single family style units. All the buildings include many updates throughout the units - new natural gas heating systems in each unit, 4 heated garages (6 total), carport for additional covered parking, washer/dryer hookups. Great location on a quiet street with a large backyard. Whether you're an investor seeking income properties or a homeowner looking for an opportunity to generate additional income, this group of buildings is a great investment. Please come to one of the group showings and take a look at what these properties have to offer. Checkout MLS #1562913 for package listing.

Last Agent to Sell the Property

Thomas Kennedy

Cottage & Co Real Estate Listed on: 06/21/2023

Last Buyer's Agent

Faith Fontaine

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,805

Year Built

  • Built in 1960

Lot Details

  • 17,860 Sq Ft Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Parking

  • 4 Car Attached Garage
  • Carport
  • Driveway

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,675 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Unfinished Basement

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

Additional Homes

  • Additional Residence on Property

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 335
  • Assessor Parcel Number LEWI-000146-000000-000335

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $11,638
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,805

Year Built

Built in 1960

Lot Details

0.41 Acres

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.41
  • MLS Status: Closed
  • Directions: GPS Friendly - East Avenue to Fairlawn Avenue
  • Above Grade Finished Sq Ft: 3675.0
  • Architectural Style: Multi-Level, Ranch
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 162.99
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.41
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3675.0
  • 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 System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: 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
  • Property Information:Garage Spaces: 4.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 60000.0
  • Income Expenses Operating Expenses: 11638.0
  • Style:Multi-Level: Yes
  • Basement:Crawl Space: Yes
  • Roof:Pitched: Yes
  • Gas:Natural - At Street: Yes
  • Basement:Slab2: Yes
  • Property Information:Deed Restrictions: Unknown
  • Vehicle Storage:Carport: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Investors take notice! This property comes as a package, all units are currently on one deed. Property includes - one well maintained 2 unit and two single family style units. All the buildings include many updates throughout the units - new natural gas heating systems in each unit, 4 heated garages (6 total), carport for additional covered parking, washer/dryer hookups. Great location on a quiet street with a large backyard. Whether you're an investor seeking income properties or a homeowner looking for an opportunity to generate additional income, this group of buildings is a great investment. Please come to one of the group showings and take a look at what these properties have to offer. Checkout MLS # for package listing.
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Wood, Vinyl, Other, Laminate
  • Stories: 2
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Interior Lot, Intown, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Other Exterior, Wood Frame
  • Foundation Details: Other, Concrete Perimeter, Slab
  • Roof: Flat, Pitched, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Paved, Carport

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17859.6
  • Parcel #: LEWI-000146-000000-000335
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 60000.0
  • Annual Operating Expense: 11638.0

Tax Info

  • Tax Annual Amount: 5805.0
  • Tax Lot: 335
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Sep 13, 2023
Sold by
Bought by
Seller's Agent
Thomas Kennedy
Cottage & Co Real Estate
Buyer's Agent
Faith Fontaine
Keller Williams Realty
List Price
$599,000
Sold Price
$601,200
Premium/Discount to List
$2,200
0.37%
Current Estimated Value
$524,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,089
Avg. Annual Appreciation
-4.67%
Original Mortgage
$590,310
Interest Rate
0.069%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
0.0383%

Purchase Details

Closed on
Jun 9, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
0.0611%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$601,200 None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $590,310
Previous Owner $153,000
Previous Owner $187,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2023 09/13/23 Sold $601,200 +0.4% $164 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $599,000 +121.9% $163 / Sq Ft
03/29/2022 03/29/22 Sold $270,000 +0.4% $100 / Sq Ft View Prior Sale
03/04/2022 03/04/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $268,806 -- $100 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,677 $203,700 $25,080 $178,620
2024 $6,472 $203,700 $25,080 $178,620
2023 $6,111 $203,700 $25,080 $178,620
2022 $5,805 $203,700 $25,080 $178,620
2021 $5,757 $203,700 $25,080 $178,620
2020 $5,236 $182,640 $25,080 $157,560
2019 $5,280 $182,640 $25,080 $157,560
2018 $5,236 $182,640 $25,080 $157,560
2017 $5,118 $182,640 $25,080 $157,560
2016 $5,030 $182,640 $25,080 $157,560
2015 $4,999 $182,640 $25,080 $157,560
2014 $4,856 $182,640 $25,080 $157,560
2013 $4,829 $182,640 $25,080 $157,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1562898

Maine Listings

APN: LEWI-000146-000000-000335

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