D
Seller's Agent in 2024
David White
OwnerEntry.com
(617) 542-9300
771 Total Sales
1 Preston St Waterville, ME 04901
--
Bed
2
Baths
2,000
Sq Ft
0.25
Acres
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
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2024
Closed on
Jul 1, 2024
Sold by
Ap Properties Llc
Bought by
Lauer Dawn and Polonsky Alexander
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
Jeremy Lock
Waypoint Brokers Collective
List Price
$199,000
Sold Price
$215,000
Premium/Discount to List
$16,000
8.04%
Total Days on Market
19
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,681
Avg. Annual Appreciation
-1.40%
Original Mortgage
$161,250
Outstanding Balance
$160,037
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$52,282
Purchase Details
Listed on
May 2, 2018
Closed on
Sep 5, 2018
Sold by
Reynolds Kathy
Bought by
Ap Properties Llc
Seller's Agent
Kathy Reynolds
Surette Real Estate
Buyer's Agent
Cynthia Quimby
Realty of Maine
List Price
$74,900
Sold Price
$67,500
Premium/Discount to List
-$7,400
-9.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.82%
Original Mortgage
$102,400
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 26, 2008
Sold by
Gas Mp T and Deutsche Bank Natl T Co
Bought by
Reynolds Kathy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | -- | -- |
Source: Public Records
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 |
Source: Public Records
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 |
Source: Maine Listings
Tax History Compared to Growth
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: Public Records
Agents Affiliated with this Home
-
David White
-
Jeremy Lock
J
Buyer's Agent in 2024
Jeremy Lock
Waypoint Brokers Collective
(207) 747-7871
61 Total Sales
-
K
Seller's Agent in 2018
Kathy Reynolds
Surette Real Estate
-
C
Seller Co-Listing Agent in 2018
Courtney Blood
Surette Real Estate
-
Buyer's Agent in 2018
Cynthia Quimby
Realty of Maine
(207) 270-0267
353 Total Sales
Map
Source: Maine Listings
MLS Number: 1590545
APN: WAVL-000039-000000-000177
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