NOT LISTED FOR SALE

10 May St Waterville, ME 04901

Estimated Value: $174,000 - $206,672

4 Beds
2 Baths
1,989 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $169,000 $85 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,259/month

2 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Carpet
  • Corner Lot
  • Baseboard Heating

About This Home

As of July 2023

Not many multi's available. Get a hold of a good unit composition with two big 2-bedroom units. Double lot here too!

Last Agent to Sell the Property

Daniel Hildebrandt

AllMaineHomes, LLC Listed on: 06/12/2023

Last Buyer's Agent

Kim Gleason

McAllister Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • 1,989 Sq Ft Home
  • Colonial Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 306
  • Assessor Parcel Number WAVL-000057-000000-000306

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,500
  • Gross Income $20,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,587

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: North on College Ave, Left on Elm, Right on May, Last house on Left
  • Above Grade Finished Sq Ft: 1989.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1989.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 20820.0
  • Income Expenses Operating Expenses: 11500.0
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 8712.0
  • Parcel #: WAVL-000057-000000-000306
  • Zoning: RB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20820.0
  • Annual Operating Expense: 11500.0

Tax Info

  • Tax Annual Amount: 1587.0
  • Tax Book Number: 13101
  • Tax Lot: 306
  • Tax Map Number: 57
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 19, 2023
Sold by
Martin Emily and Martin Grant A
Bought by
Manzer James
Seller's Agent
Daniel Hildebrandt
AllMaineHomes, LLC
Buyer's Agent
Kim Gleason
McAllister Real Estate
List Price
$169,000
Sold Price
$169,000
Total Days on Market
2
Current Estimated Value
$192,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,668
Avg. Annual Appreciation
7.14%
Original Mortgage
$126,750
Outstanding Balance
$124,429
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$68,239

Purchase Details

Listed on
Jul 17, 2017
Closed on
Dec 4, 2018
Sold by
Cerqueira Henrique and Cerqueira Fernanda M
Bought by
Martin Grant A and Martin Emily
Seller's Agent
Monika Elkins
Allied Realty
Buyer's Agent
Daniel Hildebrandt
AllMaineHomes, LLC
List Price
$55,000
Sold Price
$68,000
Premium/Discount to List
$13,000
23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.78%
Original Mortgage
$51,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Manzer James $169,000 None Available
Martin Grant A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manzer James $126,750
Previous Owner Martin Grant A $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $169,000 0.0% $85 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $169,000 +148.5% $85 / Sq Ft
12/04/2018 12/04/18 Sold $68,000 +23.6% $39 / Sq Ft
10/21/2018 10/21/18 Pending -- -- --
07/17/2017 07/17/17 For Sale $55,000 -- $32 / 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 $2,846 $142,300 $11,000 $131,300
2023 $2,832 $142,300 $11,000 $131,300
2022 $1,587 $61,400 $8,200 $53,200
2021 $1,566 $61,400 $8,200 $53,200
2020 $1,582 $61,400 $8,200 $53,200
2019 $1,582 $61,400 $8,200 $53,200
2018 $1,552 $61,400 $8,200 $53,200
2017 $1,432 $61,400 $8,200 $53,200
2016 $1,400 $61,400 $8,200 $53,200
2015 $1,357 $48,800 $9,400 $39,400
2014 $1,337 $48,800 $9,400 $39,400
2013 $1,337 $48,800 $9,400 $39,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1561797

Maine Listings

APN: WAVL-000057-000000-000306