$405,400
SOLD FEB 26, 2025

98 Blake St Lewiston, ME 04240

-- Bed
3 Baths
3,234 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

8% Above List Price

12 Days on Market

Highlights

  • Deck
  • No HOA
  • Asbestos
  • Property is near public transit
  • Baseboard Heating
  • 3-minute walk to Kennedy Park

About This Home

As of February 2025

OPEN HOUSE SUNDAY JANUARY 19TH FROM 10AM TO 12PM!
Perfect for an owner-occupant buyer, this spacious three-unit multifamily is located in the heart of downtown Lewiston, one of Maine's fastest-growing real estate markets. This extensively renovated property features updated flooring, fresh paint, modernized bathrooms and kitchens, and more. Each unit is generously sized, offering two bedrooms, a living room, kitchen/dining area, and large bathroom with washer/dryer hookups. Additional highlights include off-street parking, a side yard, and decks. The first and second floors are currently occupied, while the freshly updated third floor is vacant and ready for an owner-occupier or new tenant.

Last Agent to Sell the Property

Stephen Kenney

EXP Realty Listed on: 01/24/2025

Last Buyer's Agent

Elizabeth Dunn

Four Points Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,495

Year Built

  • Built in 1901

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 3,234 Sq Ft Home
  • 3-Story Property
  • Vinyl Flooring
  • Unfinished Basement
  • Interior Basement Entry
  • Washer and Dryer Hookup

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 536
  • Assessor Parcel Number LEWI-000195-000000-000536

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $16,374
  • Gross Income $48,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,495

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 3234.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1901
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 115.96
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3234.0
  • 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
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 48480.0
  • Income Expenses Operating Expenses: 16374.0
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Heat System:Radiator: Yes
  • Exterior:Asbestos: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Perfect for an owner-occupant buyer, this spacious three-unit multifamily is located in the heart of downtown Lewiston, one of Maine's fastest-growing real estate markets. This extensively renovated property features updated flooring, fresh paint, modernized bathrooms and kitchens, and more. Each unit is generously sized, offering two bedrooms, a living room, kitchen/dining area, and large bathroom with washer/dryer hookups. Additional highlights include off-street parking, a side yard, and decks. The first and second floors are currently occupied, while the freshly updated third floor is vacant and ready for an owner-occupier or new tenant.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl
  • Stories: 3

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Flat, Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, Baseboard
  • 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: 4791.6
  • Parcel #: LEWI-000195-000000-000536
  • Zoning: DR

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 48480.0
  • Annual Operating Expense: 16374.0

Tax Info

  • Tax Annual Amount: 3495.0
  • Tax Lot: 536
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Feb 26, 2025
Sold by
Ar Properties Llc
Bought by
Dunn Elizabeth and Bresette Jed
Seller's Agent
Stephen Kenney
EXP Realty
Buyer's Agent
Elizabeth Dunn
Four Points Real Estate, LLC
List Price
$375,000
Sold Price
$405,400
Premium/Discount to List
$30,400
8.11%
Views
7
Current Estimated Value
$413,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,737
Avg. Annual Appreciation
2.45%
Original Mortgage
$385,130
Outstanding Balance
$382,572
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$30,565

Purchase Details

Closed on
Oct 21, 2022
Sold by
Sousa Steven J
Bought by
Ar Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $405,400 None Available
Warranty Deed $405,400 None Available
Warranty Deed $150,000 None Available
Warranty Deed $150,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,130 Purchase Money Mortgage
Closed $385,130 Purchase Money Mortgage
Previous Owner $140,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2025 02/26/25 Sold $405,400 +8.1% $125 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $375,000 0.0% $116 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $375,000 0.0% $116 / Sq Ft
01/19/2025 01/19/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $375,000 -- $116 / 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
2025 $3,606 $110,000 $17,040 $92,960
2024 $3,495 $110,000 $17,040 $92,960
2023 $3,300 $110,000 $17,040 $92,960
2022 $3,135 $110,000 $17,040 $92,960
2021 $3,109 $110,000 $17,040 $92,960
2020 $2,611 $91,080 $17,040 $74,040
2019 $2,633 $91,080 $17,040 $74,040
2018 $2,611 $91,080 $17,040 $74,040
2017 $2,552 $91,080 $17,040 $74,040
2016 $2,508 $91,080 $17,040 $74,040
2015 $2,493 $91,080 $17,040 $74,040
2014 $2,422 $91,080 $17,040 $74,040
2013 $2,408 $91,080 $17,040 $74,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1612695

Maine Listings

APN: LEWI-000195-000000-000536