NOT LISTED FOR SALE

88 College St Unit 1-3 Lewiston, ME 04240

Estimated Value: $204,091 - $353,000

5 Beds
2.5 Baths
2,587 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $150,000 $58 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,029/month

4 Days on Market

Highlights

  • Additional Residence on Property
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Victorian Architecture
  • Porch

About This Home

As of August 2021

Intown Multi-Unit - 3-Units/2 buildings - close to everything. Spacious apartments w/natural gas - would be good owner occupy or investment property. Unit 2 spans floor 2&3 and features 4 bedrooms. Period details, lots of natural lights and laundry hook-up units 1 and 2. Conveniently located w/shopping, restaurants, public transportation & hospitals nearby. Personal letters will not be presented to seller to avoid fair housing issues. 24-Hour minimum notice required.

Last Agent to Sell the Property

Brian DuBois

Keller Williams Realty Listed on: 05/11/2021

Keller Williams Realty

Last Buyer's Agent

Michael Hanes

Maine Home Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 2,587 Sq Ft Home
  • Victorian Architecture
  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Asbestos Siding
  • Asbestos
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heated On Demand

Additional Features

  • Porch
  • Additional Residence on Property
  • City Lot

Listing and Financial Details

  • Tax Lot 316
  • Assessor Parcel Number LEWI-000194-000000-000316

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $10,540
  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,181

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2587.0
  • Architectural Style: Other Style, Victorian
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2587.0
  • Property Information:Garage: No
  • 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:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 24600.0
  • Income Expenses Operating Expenses: 10540.0
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Asbestos: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Block, Stone, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 5227.2
  • Parcel #: LEWI-000194-000000-000316
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24600.0
  • Annual Operating Expense: 10540.0

Tax Info

  • Tax Annual Amount: 3181.0
  • Tax Book Number: 2046
  • Tax Lot: 316
  • Tax Map Number: 194
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Aug 26, 2021
Sold by
Turgeon Allan R and Turgeon Suzanne P
Bought by
Kinkadi Arnaldo C
Seller's Agent
Brian DuBois
Keller Williams Realty
Buyer's Agent
Michael Hanes
Maine Home Connection
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$307,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,273
Avg. Annual Appreciation
18.60%
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
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
Kinkadi Arnaldo C -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinkadi Arnaldo C $118,000
Closed Kinkadi Arnaldo C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $150,000 -6.2% $58 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $159,900 -- $62 / 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 $3,809 $119,900 $18,120 $101,780
2023 $3,597 $119,900 $18,120 $101,780
2022 $3,417 $119,900 $18,120 $101,780
2021 $3,135 $110,940 $18,120 $92,820
2020 $3,181 $110,940 $18,120 $92,820
2019 $3,207 $110,940 $18,120 $92,820
2018 $3,181 $110,940 $18,120 $92,820
2017 $3,109 $110,940 $18,120 $92,820
2016 $3,055 $110,940 $18,120 $92,820
2015 $3,036 $110,940 $18,120 $92,820
2014 $2,950 $110,940 $18,120 $92,820
2013 $2,933 $110,940 $18,120 $92,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1491114

Maine Listings

APN: LEWI-000194-000000-000316