NOT LISTED FOR SALE

11 Kimball St Waterville, ME 04901

Estimated Value: $192,000 - $323,000

6 Beds
2 Baths
1,824 Sq Ft
$143/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $277,000 $152 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,700/month

5 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • Zoned Heating
  • Asbestos

About This Home

As of February 2024

OPEN HOUSE - Saturday January 27 from 1:00pm - 3:00pm

Located in the heart of Waterville, this immaculate Duplex could be a great owner occupy or excellent investment.

3 bed / 1 bath each unit. Upper unit currently leased, lower unit vacant. All updates done in 2022 including; new boiler, 2 new hot water heaters, roof, new windows, new appliances, refinished hardwoods, new automatic garage door. Convenient location close to shopping, I-95 and more. First floor apartment was previously rented for $1,600/mth.

Last Listed By

Matt Boulerice

New England Realty Group LLC Listed on: 01/23/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,806

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • 1,824 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Flooring

  • Wood
  • Laminate

Unfinished Basement

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

Utilities

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

Additional Features

  • 2 Full Bathrooms
  • City Lot

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number WAVL-000039-000000-000180

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,722
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,806

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1824.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1824.0
  • Property Information:Garage: 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:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 16800.0
  • Income Expenses Operating Expenses: 7722.0
  • Style:Duplex: Yes
  • Exterior:Asbestos: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 6534.0
  • Parcel #: WAVL-000039-000000-000180
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16800.0
  • Annual Operating Expense: 7722.0

Tax Info

  • Tax Annual Amount: 2806.0
  • Tax Book Number: 8213
  • Tax Lot: 180
  • Tax Map Number: 39
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Feb 29, 2024
Sold by
Drake Property Group Llc
Bought by
Giles Lucas W
Seller's Agent
Matt Boulerice
New England Realty Group LLC
Buyer's Agent
Ryley Austin
Hearth & Key Realty
List Price
$230,000
Sold Price
$277,000
Premium/Discount to List
$47,000
20.43%
Total Days on Market
5
Views
5
Current Estimated Value
$261,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,966
Avg. Annual Appreciation
0.49%
Original Mortgage
$202,750
Outstanding Balance
$201,096
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,587

Purchase Details

Closed on
Sep 14, 2022
Sold by
Windrose Development Llc
Bought by
Drake Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 11, 2022
Sold by
Mcneil Daniel Est and Bridges
Bought by
Windrose Development Llc
Seller's Agent
Christine Karales Paul
Your Real Estate Company
Buyer's Agent
Donna Robert Christine Paul
Keller Williams Realty
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.85%
Original Mortgage
$157,400
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Giles Lucas W -- None Available
Drake Property Group Llc -- None Available
Windrose Development Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giles Lucas W $202,750
Previous Owner Drake Property Group Llc $500,000
Previous Owner Windrose Development Llc $157,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $277,000 +20.4% $152 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $230,000 +155.6% $126 / Sq Ft
01/11/2022 01/11/22 Sold $90,000 -9.1% $49 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $99,000 -- $54 / 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 $2,870 $143,500 $19,300 $124,200
2023 $2,806 $141,000 $19,300 $121,700
2022 $2,016 $78,000 $14,500 $63,500
2021 $1,989 $78,000 $14,500 $63,500
2020 $2,009 $78,000 $14,500 $63,500
2019 $2,009 $78,000 $14,500 $63,500
2018 $1,971 $78,000 $14,500 $63,500
2017 $1,820 $78,000 $14,500 $63,500
2016 $1,778 $78,000 $14,500 $63,500
2015 $1,907 $68,600 $16,700 $51,900
2014 $1,880 $68,600 $16,700 $51,900
2013 $1,880 $68,600 $16,700 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1580905

Maine Listings

APN: WAVL-000039-000000-000180