322 Pond Road

Closed 8/31/22

Sold

Last Sold Price

$350,000

5 baths5,024 sqft

322 Pond Rd, Lewiston, ME 04240

Multi FamilyProperty Type

0.85 acresLot Size

1949Year Built

$70/sq ftPrice per sq ft

4 carsParking Spaces

Description

Lots of potential and a great investment opportunity with this 5 unit on a .85 acre Lewiston lot. on the outskirts of town. Offers one 3bdroom unit, three 2-bedroom units, and one 1-bedroom unit, garages used for storage. Will not go FHA or VA because of exterior peeling paintLots of potential and a great investment opportunity with this 5 unit on a .85 acre Lewiston lot. on the outskirts of town. Offers one 3bdroom unit, three 2-bedroom units, and one 1-bedroom unit, garages used for storage. Will not go FHA or VA because of exterior peeling paint

Listing closed: 08/31/2022 12:00 AM • Source: Maine Listings, MLS#: 1537891

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Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Sold By Realty ONE Group - Compass

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$2,176 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,868

Property Taxes

$308

HOA Dues

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Property Information for 322 Pond Road

Property Details

Taxes: $3,696 / year
MLS Type: Multi-Family
County: Androscoggin County
Has Waterfront: No
Zoning: NCA

Building Information

Stories: 2
Residences: 5
Year Built: 1949
Lot Size: 0.85 AC / 37,026 SF

Summary

Location and General Information

Water View: No
Location: Neighborhood

Page: 286-287
Directions: From Mid=town Lewiston, take Sabattus St ( Rte 126) heading towards Sabattus, turn left at light onto Pond Rd., Home is on the left at # 322
Latitude: 44.102019
Longitude: -$70.15
Island: No

Taxes and HOA

Association: No
Parcel Number: LEWI-000062-000000-000032

Tax Lot: 32
Tax Book Number: 4369
Tax Map Number: 62
Tax Year: 2021
Tax Annual Amount: $3,696.00

Parking

Parking Features: 5 - 10 Spaces, Paved, On Site
Parking: 5 - 10 Spaces, On Site, Paved

Vehicle Storage: 4+ Car, Attached
Has Attached Garage: Yes
Garage Spaces: 4.0
Has Garage: Yes

Virtual Tour

Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/mreis/1537891

Property

Lot Information

Lot Features: Open, Level, Neighborhood
Lot Size Acres: 0.85

Lot Size Area: 0.85
Lot Size Source: Public Records
Lot Size Square Feet: 37026.0
Lot Size Units: Acres
Roads: Paved, Public
Road Surface Type: Paved
Road Frontage: true
Road Frontage: 120.0
Source of Road Frontage: Public Records
SqFt Source: Public Records
Site: Level, Open

Property and Assessments

Above Grade Finished Area: 5024.0
Building Area Total: 5024.0

Property Type: Multi-Family
Deed: All
Deed/Conveyance Type Offered: Warranty
Construction: Wood Frame
Year Built: 1949

Building Features

Levels: Multi-Level
Levels: Multi-Level

Foundation Details: Brick/Mortar
Foundation Materials: Brick/Mortar
Construction Materials: Other Exterior, Asbestos, Wood Frame
Color: Brown
Stories: 2
Stories Total: 2

Financial Information

List Price/SqFt: $71.64

Utilities

Heat Fuel: Oil
# Heating Units: 1

# Water Heaters: 1
Electric: Circuit Breakers
Gas: No Gas
Sewer: Public Sewer
Water Source: Public
Water Heater: Off Heating System, Separate Booster
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Asbestos, Other Exterior
Roof: Shingle

Driveway: Paved

Interior Features

Bathrooms Full: 5
Bathrooms Total Decimal: 5.0

Bathrooms Total Integer: 5
Equipment: Internet Access Available
Other Equipment: Internet Access Available
Basement: Brick/Mortar, Exterior Only, Unfinished
Basement: Unfinished, Brick/Mortar
Has Fireplace: No
Patio And Porch Features: Porch
Has Cooling: No
Heating: Hot Water, Baseboard
Has Heating: Yes
Flooring: Vinyl, Carpet

Multi Family

Multi Family Information

# of 1 BD Units: 1
# of 2 BD Units: 3

# of 3 BD Units: 1
Number Of Units Total: 5

Income & Expenses

Gross Income: $47,300.00
Operating Expense: $22,058.00

Unit Information

Unit 1

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: No
Level: Second
Security Deposit: Yes
Actual Rent: $1,150.00
Beds Total: 2
Rooms Total: 4

Unit 2

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: Yes
Level: First
Security Deposit: Yes
Actual Rent: $1,100.00
Beds Total: 1
Rooms Total: 3

Unit 3

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: No
Level: Second
Security Deposit: Yes
Actual Rent: $1,150.00
Beds Total: 2
Rooms Total: 4

Unit 4

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: No
Level: Second
Security Deposit: Yes
Actual Rent: $985.00
Beds Total: 3
Rooms Total: 5

Unit 5

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: Yes
Range: Yes
Lease: No
Level: First
Security Deposit: Yes
Actual Rent: $845.00
Beds Total: 2
Rooms Total: 4

Rental

Rent Information

Land Lease: No

Tenant Information

Occupant Type: No

Property History for 322 Pond Road

Date	Event & Source	Price	Appreciation
Aug 31, 2022	Sold (Public Record) Public Record #1496994648	$350,000	—
Aug 31, 2022	Sold Maine Listings #1537891	$350,000	—
Aug 3, 2022	Pending Maine Listings #1537891		—
Jul 27, 2022	Listed (Active) Maine Listings #1537891	$359,900	—
Dec 31, 2013	Expired Maine Listings #1098487	$164,900	—
Jun 14, 2013	Listed (Active) Maine Listings #1098487	$164,900	—

Date	Event & Source	Price
08/31/2022	Sold (Public Record) Public Record #1496994648	$350,000
08/31/2022	Sold Maine Listings #1537891	$350,000
08/03/2022	Pending Maine Listings #1537891	—
07/27/2022	Listed (Active) Maine Listings #1537891	$359,900
12/31/2013	Expired Maine Listings #1098487	$164,900
06/14/2013	Listed (Active) Maine Listings #1098487	$164,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 322 Pond Road

Taxable Value

Land

$24,600

Additions

$128,400

Total$153,000

Tax Record

2025

$5,015 ($418 / month)

Home Facts

Total Finished SqFt

6,144 SqFt

Above Grade Finished SqFt

6,144 SqFt

Stories

Lot Size

37,026 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1949

Year Renovated

1949

County

ANDROSCOGGIN

APN

LEWI M:062 L:032

Schools near 322 Pond Road

This home is within Lewiston Public Schools.


Rating	School	Type	Grades	Distance
1/10	Thomas J McMahon Elementary School	Public - Serves this home	PK to 6	0.6 mi
1/10	Lewiston Middle School	Public - Serves this home	7 to 8	2.5 mi
2/10	Lewiston High School	Public - Serves this home	9 to 12	2.5 mi
1/10	Robert V. Connors Elementary School	Public - Nearby school	PK to 6	2.5 mi


Rating	School	Distance
1/10	Thomas J McMahon Elementary School PublicPK to 6 Serves this home	0.6 mi
1/10	Lewiston Middle School Public7 to 8 Serves this home	2.5 mi
2/10	Lewiston High School Public9 to 12 Serves this home	2.5 mi
1/10	Robert V. Connors Elementary School PublicPK to 6 Nearby school	2.5 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.