NOT LISTED FOR SALE

951 Lisbon St Lewiston, ME 04240

Estimated Value: $332,000 - $398,000

6 Beds
3 Baths
2,688 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $285,000 $106 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,257/month

94 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Open Lot
  • No HOA
  • Asbestos
  • Community Storage Space

About This Home

As of September 2022

BACK ON MARKET DUE TO BUYER INABILITY TO OBTAIN FINANCING. Great location for this CASH FLOWING 3 unit. Close to the turnpike, walking distance to schools and shopping. Wonderful front and rear porches. Storage space and laundry available for each unit. Off street parking for tenants. Out of respect for the families that live in the building; Please do no come to the building if you exhibit Covid symptoms, cold/flu-like symptoms or meet any of the criteria for self-quarantine.

Last Agent to Sell the Property

Matthew Freedman

Breakwater Realty Group, LLC Listed on: 08/09/2022

Breakwater Realty Group, LLC

Last Buyer's Agent

Jonny Carr Kathie Carr

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 1921

Lot Details

  • 4,356 Sq Ft Lot
  • Open Lot

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 2,688 Sq Ft Home
  • Multi-Level Property
  • Laminate Flooring
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 091
  • Assessor Parcel Number LEWI-000177-000000-000091

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $4,000
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,247

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2688.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1921
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2688.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 36000.0
  • Income Expenses Operating Expenses: 4000.0
  • Gas:Natural - At Street: Yes
  • Roof:RolledHot Mop: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Exterior:Asbestos: Yes
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Laminate
  • Interior Amenities: Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Sidewalks, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Rolled/Hot Mop
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, 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: 4356.0
  • Parcel #: LEWI-000177-000000-000091
  • Zoning: Community Business

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 3247.0
  • Tax Book Number: 10697
  • Tax Lot: 091
  • Tax Map Number: 177
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Sep 30, 2022
Sold by
Haydym David
Bought by
Mbunji Kassamba
Seller's Agent
Matthew Freedman
Breakwater Realty Group, LLC
Buyer's Agent
Jonny Carr Kathie Carr
Bean Group
List Price
$250,000
Sold Price
$285,000
Premium/Discount to List
$35,000
14%
Current Estimated Value
$352,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,900
Avg. Annual Appreciation
7.24%
Original Mortgage
$279,837
Outstanding Balance
$269,355
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$79,933

Purchase Details

Listed on
Jan 28, 2021
Closed on
Apr 2, 2021
Sold by
Vigue Jeffrey R
Bought by
Haydym David
Seller's Agent
Matthew Freedman
Meservier & Associates
Buyer's Agent
Cindy Dan
Maine Real Estate Experts
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.96%
Original Mortgage
$162,011
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 18, 2016
Closed on
Dec 9, 2016
Sold by
Veilleux Timothy L and Veilleux Karen J
Bought by
Vigue Jeffrey R
Seller's Agent
Roy L'Italien
CENTURY 21 Advantage
Buyer's Agent
Sue Meservier
Bean Group
List Price
$119,000
Sold Price
$107,000
Premium/Discount to List
-$12,000
-10.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$80,250
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2014
Sold by
Veilleux Timothy L
Bought by
Veilleux Timothy L and Veilleux Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
4.14%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 5, 2013
Closed on
Sep 30, 2013
Sold by
Dutil Donatien
Bought by
Veilleux Timothy L
Seller's Agent
Chad Sylvester
Fontaine Family-The Real Estate Leader
Buyer's Agent
John Sullivan
CENTURY 21 Advantage
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%
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
Mbunji Kassamba $285,000 None Available
Haydym David -- None Available
Vigue Jeffrey R -- --
Veilleux Timothy L -- --
Veilleux Timothy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbunji Kassamba $279,837
Previous Owner Haydym David $162,011
Previous Owner Vigue Jeffrey R $80,250
Previous Owner Veilleux Timothy L $74,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $285,000 +14.0% $106 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $250,000 +51.5% $93 / Sq Ft
04/02/2021 04/02/21 Sold $165,000 0.0% $61 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $165,000 +54.2% $61 / Sq Ft
12/09/2016 12/09/16 Sold $107,000 -10.1% $40 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $119,000 +83.1% $44 / Sq Ft
09/27/2013 09/27/13 Sold $65,000 -18.6% $24 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $79,900 -- $30 / 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 $4,006 $126,100 $19,800 $106,300
2023 $3,783 $126,100 $19,800 $106,300
2022 $3,594 $126,100 $19,800 $106,300
2021 $3,247 $114,900 $19,800 $95,100
2020 $2,914 $101,640 $19,800 $81,840
2019 $2,938 $101,640 $19,800 $81,840
2018 $2,914 $101,640 $19,800 $81,840
2017 $2,848 $101,640 $19,800 $81,840
2016 $2,799 $101,640 $19,800 $81,840
2015 $2,782 $101,640 $19,800 $81,840
2014 $2,703 $101,640 $19,800 $81,840
2013 $2,687 $101,640 $19,800 $81,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1527451

Maine Listings

APN: LEWI-000177-000000-000091