$67,500
SOLD AUG 31, 2018

1 Preston St Waterville, ME 04901

-- Bed
2 Baths
2,435 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$28 Per Sq Ft

10% Below List Price

26 Days on Market

Highlights

  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Tile Flooring
  • No HOA
  • Porch
  • Forced Air Zoned Heating System

About This Home

As of July 2024

Great investment opportunity! Two 3 bedroom units, new windows, updated electrical and plumbing in 2008. Convenient in town location. Exterior of building needs work.

Last Agent to Sell the Property

Kathy Reynolds

Surette Real Estate Brokerage Email: office@surette-realestate.com Listed on: 05/02/2018

Co-Listed By

Courtney Blood

Surette Real Estate Brokerage Email: office@surette-realestate.com

Last Buyer's Agent

Cynthia Quimby

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Asbestos Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,435 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 177
  • Assessor Parcel Number WAVL-000039-000000-000177

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1115
  • Co List Office Phone: 207-873-5634
  • MLS Status: Closed
  • Directions: Silver Street to Preston last house on left, corner of Summer Street.
  • Above Grade Finished Sq Ft: 2435.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1910
  • Attribution Contact: office@surette-realestate.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2435.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Style:Multi-Level: Yes
  • Property Information:Bank Owned REO: No
  • Exterior:Asbestos: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, 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: 6098.4
  • Parcel #: WAVL-000039-000000-000177
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1799.0
  • Tax Book Number: 9835
  • Tax Lot: 177
  • Tax Map Number: 39
  • Tax Year: 2018

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
26
Views
25
Current Estimated Value
$212,319

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $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

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
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

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Map

Source: Maine Listings

MLS Number: 1348005

Maine Listings

APN: WAVL-000039-000000-000177