1 Preston St Waterville, ME 04901
Highlights
- No HOA
- 2 Car Garage
- Vinyl Flooring
- Baseboard Heating
- Open Lot
About This Home
As of July 2024Duplex. One first floor unit, one second floor unit. Many updates since 2018. Two 3 bedroom, 1 bath units. Currently rented at $1,200 and $1,400. Market rate is likely $1,500 for each unit. Tenant who pays $1,200 currently does lawn care and snow removal. Photos are from before current tenants occupied. Needs to have the chimney re-topped, received an estimate for $2,300 for this. Needs new posts and beam on porch. Willing to increase purchase price to escrow for repairs or potentially have the repairs done prior to closing. Willing to increase purchase price to include buyer's realtor commission. May be willing to hold paper to help with part of the down payment for the right borrower.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,961
Year Built
- Built in 1910
Lot Details
- 0.25 Acre Lot
- Open Lot
Parking
- 2 Car Garage
- Driveway
Home Design
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2 Full Bathrooms
- 2,000 Sq Ft Home
- Multi-Level Property
- Vinyl Flooring
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
Listing and Financial Details
- Tax Lot 177
- Assessor Parcel Number WAVL-000039-000000-000177
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $999
- Gross Income $31,200
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $215,000 | None Available | |
| Warranty Deed | $215,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,250 | Purchase Money Mortgage | |
| Closed | $161,250 | Purchase Money Mortgage | |
| Previous Owner | $34,000 | Credit Line Revolving | |
| Previous Owner | $102,400 | Purchase Money Mortgage | |
| Previous Owner | $75,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $115,200 | Unknown |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2024 07/11/24 | Sold | $215,000 | +8.0% | $108 / Sq Ft |
| 06/11/2024 06/11/24 | Pending | -- | -- | -- |
| 05/22/2024 05/22/24 | For Sale | $199,000 | +194.8% | $100 / Sq Ft |
| 08/31/2018 08/31/18 | Sold | $67,500 | -9.9% | $28 / Sq Ft |
| 05/29/2018 05/29/18 | Pending | -- | -- | -- |
| 05/02/2018 05/02/18 | For Sale | $74,900 | -- | $31 / Sq Ft |
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 | $2,976 | $148,800 | $19,100 | $129,700 |
| 2023 | $2,961 | $148,800 | $19,100 | $129,700 |
| 2022 | $1,993 | $77,100 | $14,400 | $62,700 |
| 2021 | $1,966 | $77,100 | $14,400 | $62,700 |
| 2020 | $1,986 | $77,100 | $14,400 | $62,700 |
| 2019 | $1,986 | $77,100 | $14,400 | $62,700 |
| 2018 | $1,948 | $77,100 | $14,400 | $62,700 |
| 2017 | $1,799 | $77,100 | $14,400 | $62,700 |
| 2016 | $1,758 | $77,100 | $14,400 | $62,700 |
| 2015 | $1,813 | $65,200 | $12,400 | $52,800 |
| 2014 | $1,786 | $65,200 | $12,400 | $52,800 |
| 2013 | $1,786 | $65,200 | $12,400 | $52,800 |
Source: Maine Listings
MLS Number: 1590545
APN: WAVL-000039-000000-000177
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