H
Seller's Agent in 2023
Heather Mayer
Keller Williams Realty
93 Elm St Lewiston, ME 04240
Estimated Value: $337,433 - $399,000
9
Beds
3
Baths
3,321
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Main Floor Bedroom
- Porch
- Wood Flooring
- No HOA
- Double Pane Windows
About This Home
As of March 2023Just Listed!! Attention Investors: Here's an excellent opportunity to add a 3 Unit money-maker to your portfolio. This solid building has 3 large 3 BR/1 BA units, all with washer/dryer hookups in each unit. Unit 2 has been freshly renovated, with excellent tenants who have prepaid their $1200/mo lease ending 9/30/23. Put some sweat equity into the vacant Units 1 and 3, set your rents and pick your choice of tenants. Natural gas heat and newer boiler, updated electrical with separate panels in each unit. See recent seller improvements listed in property disclosure. Located on a quiet side street near Bates College and CMMC. Get in now and start building equity in Lewiston, named #9 on the Top 10 Hottest Towns for median home price appreciation in 2022 in Mainebiz. Will likely not qualify for FHA financing.
Last Agent to Sell the Property
Heather Mayer
Keller Williams Realty Listed on: 02/11/2023
Last Buyer's Agent
Daniel Weber
Portside Real Estate Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,997
Year Built
- Built in 1900
Lot Details
- 5,663 Sq Ft Lot
- Level Lot
Home Design
- Flat Roof Shape
- Brick Foundation
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Membrane Roofing
- Concrete Perimeter Foundation
Interior Spaces
- 3,321 Sq Ft Home
- 3-Story Property
- Double Pane Windows
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Porch
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Internet Available
Listing and Financial Details
- Exclusions: washer/dryer in Unit 2 owned by tenant
- Tax Lot 351
- Assessor Parcel Number LEWI-000194-000000-000351
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $11,648
- Gross Income $45,864
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2023
Closed on
Mar 20, 2023
Sold by
Mcpherson Michael
Bought by
Sivarajan Vysakh and Ayikkara Aparna
Seller's Agent
Heather Mayer
Keller Williams Realty
Buyer's Agent
Daniel Weber
Portside Real Estate Group
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%
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
$82,858
Avg. Annual Appreciation
8.43%
Original Mortgage
$207,000
Outstanding Balance
$201,644
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$129,475
Purchase Details
Listed on
Mar 26, 2018
Closed on
Jan 2, 2019
Sold by
Cox Derrick A
Bought by
Mcpherson Michael
Seller's Agent
Roy L'Italien
CENTURY 21 Advantage
Buyer's Agent
Heather Mayer
Portside Real Estate Group
List Price
$159,900
Sold Price
$151,000
Premium/Discount to List
-$8,900
-5.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.40%
Original Mortgage
$143,450
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 2007
Sold by
Waggoner Michael and Waggoner Wendy
Bought by
Cox Derrick A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,773
Interest Rate
6.24%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Sivarajan Vysakh | $276,000 | None Available | |
| Mcpherson Michael | -- | -- | |
| Cox Derrick A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sivarajan Vysakh | $207,000 | |
| Previous Owner | Mcpherson Michael | $143,450 | |
| Previous Owner | Cox Derrick A | $168,907 | |
| Previous Owner | Cox Derrick A | $173,773 | |
| Previous Owner | Waggoner Michael | $102,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2023 03/20/23 | Sold | $276,000 | +0.4% | $83 / Sq Ft |
| 02/15/2023 02/15/23 | Pending | -- | -- | -- |
| 02/11/2023 02/11/23 | For Sale | $275,000 | +82.1% | $83 / Sq Ft |
| 01/04/2019 01/04/19 | Sold | $151,000 | -5.6% | $45 / Sq Ft |
| 11/18/2018 11/18/18 | Pending | -- | -- | -- |
| 03/26/2018 03/26/18 | For Sale | $159,900 | -- | $48 / 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 | $3,628 | $114,200 | $14,400 | $99,800 |
| 2023 | $3,426 | $114,200 | $14,400 | $99,800 |
| 2022 | $2,997 | $105,160 | $14,400 | $90,760 |
| 2021 | $2,972 | $105,160 | $14,400 | $90,760 |
| 2020 | $3,015 | $105,160 | $14,400 | $90,760 |
| 2019 | $3,040 | $105,160 | $14,400 | $90,760 |
| 2018 | $3,015 | $105,160 | $14,400 | $90,760 |
| 2017 | $2,937 | $104,820 | $14,400 | $90,420 |
| 2016 | $2,887 | $104,820 | $14,400 | $90,420 |
| 2015 | $2,869 | $104,820 | $14,400 | $90,420 |
| 2014 | $2,787 | $104,820 | $14,400 | $90,420 |
| 2013 | $2,771 | $104,820 | $14,400 | $90,420 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2023
Daniel Weber
Portside Real Estate Group
-
Roy L'Italien
Seller's Agent in 2019
Roy L'Italien
CENTURY 21 Advantage
(207) 754-6789
37 in this area
137 Total Sales
-
Laura Drinkwater
Seller Co-Listing Agent in 2019
Laura Drinkwater
CENTURY 21 Advantage
(207) 212-8633
26 in this area
86 Total Sales
Map
Source: Maine Listings
MLS Number: 1552271
APN: LEWI-000194-000000-000351
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