NOT LISTED FOR SALE

93 Main St Lisbon Falls, ME 04252

Estimated Value: $337,000 - $438,000

4 Beds
4 Baths
2,337 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $250,000 $107 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,238/month

Highlights

  • Nearby Water Access
  • New Englander Architecture
  • No HOA
  • Wood Flooring
  • Corner Lot
  • 3 Car Direct Access Garage

About This Home

As of May 2022

Great opportunity to own two houses connected by one corner. This duplex is located close to downtown Lisbon Falls and offers separated full basements and separate utilities. Unit B has attached 1.5-bay garage. Unit 4 has detached, two-car garage. Add this to your investment portfolio or live on one side while your tenant pays rent! A little bit of updating will make this property shine. Each unit offers two bedrooms and two bathrooms as well as a heated four-season sunroom. Check out the large, level back yard! Main street is currently undergoing construction and will soon have newly paved roads and sidewalks.

Last Agent to Sell the Property

Brett Davis

EXP Realty Listed on: 04/13/2022

EXP Realty

Last Buyer's Agent

Brett Davis

EXP Realty Listed on: 04/13/2022

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,450

Year Built

  • Built in 1910

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Direct Access Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,337 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Nearby Water Access
  • City Lot

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number LISN-000004U-000000-000084

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,636
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,450

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main St Lisbon Falls to property on right. Driveway entrance on Bibber St.
  • Above Grade Finished Sq Ft: 2337.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2337.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 30000.0
  • Income Expenses Operating Expenses: 7636.0
  • Recreational Water:Nearby: Yes
  • Style:New Englander: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, Detached, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Hot Air
  • 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: 14810.4
  • Parcel #: LISN-000004U-000000-000084
  • Zoning: General Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30000.0
  • Annual Operating Expense: 7636.0

Tax Info

  • Tax Annual Amount: 3450.0
  • Tax Book Number: 8564
  • Tax Lot: 84
  • Tax Map Number: U4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2012
Sold by
Moulton Shilyn R
Bought by
Moulton Peter B
Current Estimated Value
$363,251

Purchase Details

Closed on
Oct 24, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 19, 2011
Sold by
Moulton Peter B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 28, 2005
Sold by
Mccauley Norman F and Mccauley Doreeta F
Bought by
Meyer Robert C and Meyer Cathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.39%
Mortgage Type
Commercial
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
Moulton Peter B -- --
Federal National Mortgage Association -- --
Federal National Mortgage Association $145,000 --
Meyer Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer Robert C $156,000
Previous Owner Meyer Robert C $29,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $250,000 +16.3% $107 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $215,000 -- $92 / 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 $3,747 $275,500 $50,100 $225,400
2023 $3,294 $156,100 $33,100 $123,000
2022 $3,606 $156,100 $33,100 $123,000
2021 $3,450 $156,100 $33,100 $123,000
2020 $3,069 $156,100 $33,100 $123,000
2019 $3,144 $156,100 $33,100 $123,000
2018 $2,862 $135,200 $28,800 $106,400
2017 $2,673 $135,200 $28,800 $106,400
2016 $2,692 $135,200 $28,800 $106,400
2015 $2,984 $135,200 $32,300 $102,900
2014 $3,299 $135,200 $32,300 $102,900
2013 -- $135,200 $32,300 $102,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1524616

Maine Listings

APN: LISN-000004U-000000-000084