$151,000
SOLD JAN 4, 2019

93 Elm St Lewiston, ME 04240

-- Bed
3 Baths
3,321 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

6% Below List Price

236 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Porch
  • Wood Flooring
  • No HOA
  • Double Pane Windows

About This Home

As of March 2023

income producing property near college in Lewiston. Each unit has 3 bedrooms and long term paying tenants! Natural gas heat newer furnace. Off street parking, and laundry hook ups in each unit. Ready for you to start collecting the rents!

Last Agent to Sell the Property

Roy L'Italien

CENTURY 21 Advantage Listed on: 03/26/2018

CENTURY 21 Advantage

Co-Listed By

Laura Drinkwater

CENTURY 21 Advantage

Last Buyer's Agent

Heather Mayer

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Asbestos Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,321 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • 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
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 351
  • Assessor Parcel Number 000195151

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $18,391
  • Gross Income $28,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,911

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1065
  • Co List Office Phone: 207-782-2121
  • MLS Status: Closed
  • Directions: College street to Elm property on the left
  • Above Grade Finished Sq Ft: 3321.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3321.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: 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
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 28410.0
  • Income Expenses Operating Expenses: 18391.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Parking:Paved3: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Exterior:Asbestos: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Town, Near Public Transit
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Flat
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 000195151
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28410.0
  • Annual Operating Expense: 18391.0

Tax Info

  • Tax Annual Amount: 2911.0
  • Tax Book Number: 7021
  • Tax Lot: 351
  • Tax Map Number: 194
  • Tax Year: 2017

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
$366,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,677
Avg. Annual Appreciation
8.02%
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
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $276,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $207,000 Purchase Money Mortgage
Previous Owner $143,450 Purchase Money Mortgage
Previous Owner $168,907 FHA
Previous Owner $173,773 FHA
Previous Owner $102,800 Unknown
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

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 $3,628 $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

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Map

Source: Maine Listings

MLS Number: 1342768

Maine Listings

APN: LEWI-000194-000000-000351