NOT LISTED FOR SALE

87 Main St Lisbon Falls, ME 04252

Estimated Value: $338,000 - $445,000

4 Beds
2 Baths
2,672 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $165,000 $62 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,319/month

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • 3 Car Detached Garage
  • New Englander Architecture
  • No HOA
  • Enclosed Glass Porch

About This Home

As of September 2018

HAVE YOUR CAKE AND EAT IT TOO!! You can own your own home and have someone else offset your mortgage, or you use it as single-family home. Don't forget the third story that has 3 extra rooms that could be used for what ever your imagination has in store! Home was recently renovated in 2014, and a new furnace installed in 2017, this is move in ready! Prime Location, only 10 minutes to both I-95 and I-295, close to shopping, restaurants and businesses.

Last Agent to Sell the Property

Kaleb Swan

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 08/29/2018

Last Buyer's Agent

Amy Adams

Portland's Choice Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 1911

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Home Design

  • Duplex
  • New Englander Architecture
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,672 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Sump Pump
  • Crawl Space

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Enclosed Glass Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 94A
  • Assessor Parcel Number LISN-000004U-000000-000094-A000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,429

Year Built

Built in 1911

Lot Details

8,276 Sq Ft Lot

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2672.0
  • Architectural Style: Duplex, Farmhouse, New Englander
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1911
  • Attribution Contact: 207-729-7297
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 61.75
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2672.0
  • 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:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Parking:Paved3: Yes
  • Style:Duplex: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Utility Info Electric On Site: Yes
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Advertising Remarks:Advertising Remarks: HAVE YOUR CAKE AND EAT IT TOO!! You can own your own home and have someone else offset your mortgage, or you use it as single-family home. Don't forget the third story that has 3 extra rooms that could be used for what ever your imagination has in store! Home was recently renovated in 2014, and a new furnace installed in 2017, this is move in ready! Prime Location, only 10 minutes to both I-95 and I-295, close to shopping, restaurants and businesses.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Crawl Space, Partial, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, On Site, Detached

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, 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: 8276.4
  • Parcel #: LISN-000004U-000000-000094-A000000
  • Zoning: General Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2429.0
  • Tax Lot: 94A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Sep 17, 2018
Sold by
Edwards Jonathan P and Edwards Elizabeth A
Bought by
Garnett Haley and Garnett Mason
Seller's Agent
Kaleb Swan
Tim Dunham Realty
Buyer's Agent
Amy Adams
Portland's Choice Realty, LLC
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$377,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,084
Avg. Annual Appreciation
11.60%
Original Mortgage
$162,011
Outstanding Balance
$98,314
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$278,770

Purchase Details

Closed on
Sep 3, 2014
Sold by
Ray Corp
Bought by
Edwards Jonathan P and Edwards Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,567
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2011
Sold by
Parker Melissa M
Bought by
Hsi Asset Securitiz Corp and Deutsche Bk Natl T Co Tr

Purchase Details

Closed on
Aug 29, 2005
Sold by
Acadian Invest Re Lp
Bought by
Parker Jason and Parker Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,936
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Garnett Haley -- --
Edwards Jonathan P -- --
Hsi Asset Securitiz Corp -- --
Parker Jason -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garnett Haley $162,011
Previous Owner Edwards Jonathan P $108,567
Previous Owner Parker Jason $143,936
Previous Owner Parker Jason $35,985
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2018 09/14/18 Sold $165,000 -2.9% $62 / Sq Ft
08/29/2018 08/29/18 For Sale $169,900 +701.5% $64 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
03/06/2014 03/06/14 Sold $21,199 -28.1% $8 / Sq Ft View Prior Sale
02/27/2014 02/27/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $29,500 -- $11 / Sq Ft
Source: Maine Listings

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 $4,022 $295,700 $42,400 $253,300
2023 $3,393 $160,800 $28,000 $132,800
2022 $3,714 $160,800 $28,000 $132,800
2021 $3,554 $160,800 $28,000 $132,800
2020 $2,802 $121,300 $28,000 $93,300
2019 $2,802 $121,300 $28,000 $93,300
2018 $2,601 $104,700 $24,300 $80,400
2017 $2,429 $104,700 $24,300 $80,400
2016 $2,345 $104,700 $24,300 $80,400
2015 $2,449 $103,800 $23,800 $80,000
2014 $2,533 $103,800 $23,800 $80,000
2013 -- $103,800 $23,800 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1368184

Maine Listings

APN: LISN-000004U-000000-000094-A000000

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