Seller's Agent in 2024
Clayton Larochelle
Fontaine Family-The Real Estate Leader
(207) 576-6524
60 in this area
254 Total Sales
92 Morris Ave Lewiston, ME 04240
Estimated Value: $334,000 - $366,000
4
Beds
2
Baths
2,016
Sq Ft
$176/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Zoned Heating
- Corner Lot
- 1 Car Detached Garage
- Landscaped
About This Home
As of September 2024Welcome to your next investment opportunity! This well-maintained multi-unit property features two spacious units, each boasting three bedrooms. Located on a desirable corner lot, this property is bathed in natural light, creating a warm and inviting atmosphere for tenants. The second unit has been nicely updated, offering modern amenities and stylish finishes that are sure to attract quality renters. Both units enjoy a fantastic rental history, making this property a reliable income generator. Situated close to a local college and a variety of amenities, including shopping, dining, and public transportation, this property is perfectly positioned for convenience and accessibility. Whether you're a seasoned investor or looking to start your real estate portfolio, this property offers an excellent opportunity for steady rental income and long-term value.
Don't miss out on this charming multi-unit property. Schedule a viewing today and see all that it has to offer!
Last Agent to Sell the Property
Fontaine Family-The Real Estate Leader Listed on: 07/17/2024
Last Buyer's Agent
Daniel Meuse
Keller Williams Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,972
Year Built
- Built in 1947
Lot Details
- 9,148 Sq Ft Lot
- Landscaped
- Corner Lot
- Level Lot
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Duplex
- Flat Roof Shape
- Concrete Foundation
- Wood Frame Construction
- Membrane Roofing
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2 Full Bathrooms
- 2,016 Sq Ft Home
- Multi-Level Property
Flooring
- Wood
- Tile
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 158
- Assessor Parcel Number LEWI-000172-000000-000158
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $8,738
- Gross Income $32,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2024
Closed on
Sep 16, 2024
Sold by
Berube Bradford M
Bought by
Sungubele Salome
Seller's Agent
Clayton Larochelle
Fontaine Family-The Real Estate Leader
Buyer's Agent
Daniel Meuse
Keller Williams Realty
List Price
$320,000
Sold Price
$333,000
Premium/Discount to List
$13,000
4.06%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,936
Avg. Annual Appreciation
3.28%
Original Mortgage
$326,968
Interest Rate
7.12%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 4, 2021
Closed on
Apr 20, 2021
Sold by
Mlt Properties Llc
Bought by
Berube Bradford
Seller's Agent
Brian Wood
HomeSmart
Buyer's Agent
Clayton Larochelle
Fontaine Family-The Real Estate Leader
List Price
$199,000
Sold Price
$225,000
Premium/Discount to List
$26,000
13.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%
Original Mortgage
$220,924
Interest Rate
3.05%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 10, 2006
Sold by
Rosenberg Maureen
Bought by
Tetreault Elaine L and Tetreault Leo G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sungubele Salome | $333,000 | None Available | |
| Sungubele Salome | $333,000 | None Available | |
| Berube Bradford | -- | None Available | |
| Berube Bradford | -- | None Available | |
| Tetreault Elaine L | -- | -- | |
| Tetreault Elaine L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sungubele Salome | $326,968 | |
| Closed | Sungubele Salome | $326,968 | |
| Previous Owner | Berube Bradford | $220,924 | |
| Previous Owner | Tetreault Elaine L | $117,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2024 09/16/24 | Sold | $333,000 | +4.1% | $165 / Sq Ft |
| 07/24/2024 07/24/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $320,000 | +42.2% | $159 / Sq Ft |
| 04/20/2021 04/20/21 | Sold | $225,000 | +13.1% | $112 / Sq Ft |
| 03/07/2021 03/07/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | For Sale | $199,000 | -- | $99 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,206 | $132,400 | $24,720 | $107,680 |
| 2023 | $3,972 | $132,400 | $24,720 | $107,680 |
| 2022 | $3,830 | $134,400 | $24,720 | $109,680 |
| 2021 | $3,798 | $134,400 | $24,720 | $109,680 |
| 2020 | $2,886 | $100,680 | $24,720 | $75,960 |
| 2019 | $2,911 | $100,680 | $24,720 | $75,960 |
| 2018 | $2,886 | $100,680 | $24,720 | $75,960 |
| 2017 | $2,821 | $100,680 | $24,720 | $75,960 |
| 2016 | $2,773 | $100,680 | $24,720 | $75,960 |
| 2015 | $2,756 | $100,680 | $24,720 | $75,960 |
| 2014 | $2,677 | $100,680 | $24,720 | $75,960 |
| 2013 | $2,662 | $100,680 | $24,720 | $75,960 |
Source: Public Records
Agents Affiliated with this Home
-
Clayton Larochelle
-
D
Buyer's Agent in 2024
Daniel Meuse
Keller Williams Realty
-
Brian Wood
B
Seller's Agent in 2021
Brian Wood
HomeSmart
(207) 333-2890
5 in this area
29 Total Sales
Map
Source: Maine Listings
MLS Number: 1597183
APN: LEWI-000172-000000-000158
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