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198 East Avenue

198 East Avenue, Lewiston, ME 04240
Multifamily in Lewiston
Sold Sep 20, 2019
$207,500
$204,724 by Residential Mortgage Services
Mortgage
Local assessors in Lewiston, ME have categorized 198 East Avenue as a residential type of property. The home was built in 1876 and is 148 years old. The property's lot size has been calculated to be 9,583 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 7 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 198 East Avenue has a total of 3,138 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 198 East Avenue sold most recently in Sep 20, 2019 for a total of $207,500. If you work out the math, that's approximately a cost of $66.12 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,269 in taxes each year. 198 East Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $149,800. If we break it down further, the land itself was valued at $17,760. Improvements to the property, however, were assessed at a total of $132,040. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1876
  • Effective Year Built: 1876
  • Total Rooms: 12
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 3,138
  • Building Area: 3,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,138
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.22
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : PALACIOS LAURA E
  • Current Owner 2: PALACIOS RODRIGO
  • Previous Owner : LAGEROOS NANCY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lewiston
  • School Tax School District: LEWISTON PS
  • Census Tract: 020302

Geography

  • Parcel: LEWI M:174 L:378
  • Lot: 378
  • Municipality: LEWISTON
  • Latitude: 44.098
  • Longitude: -70.197

    Address

  • Full Address: 198 East Ave
  • Address - House Number: 198
  • Address - Street Name: East
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: Lewiston
  • Carrier Code: C016
  • 4-Digit Zip Code: 5515
  • Zip Code: 04240

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,269

    Appraisal Valuation

  • Standard Deviation: 0.2481
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 50
  • Final Value: 390,420
  • High Value: 487,312
  • Low Value: 293,527

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,724
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Sep 20, 2019
  • First Open Lien Mortgage Loan Amount: $204,724
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $149,800
  • Assessed Land Value: $17,760
  • Assessed Improvements Value: $132,040

    Sales

  • Current Sale Contract Date: Sep 20, 2019
  • Current Sale Recording Date: Sep 20, 2019
  • Current Sale Transaction ID: 11657079415
  • Current Sale Price: $207,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17549

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Mortgage Transaction Date: Sep 20, 2019
  • First Mortgage Loan Amount: $204,724
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Lewiston



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Nearby Rentals

Unit for rent at

$2,250 /mo

  • 2 Beds
  • 1 Bath
  • 952 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 198 East Avenue located in?
The 198 East Avenue is a multifamily located in the neighborhood of Lewiston in Lewiston, Lewiston.
What is the average sales price for listings in 198 East Avenue?
The average sales price for units in 198 East Avenue is $210,000 currently.

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