NOT LISTED FOR SALE

11 Pleasant Place Waterville, ME 04901

Estimated Value: $322,000 - $400,000

8 Beds
3 Baths
3,640 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $328,000 $90 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,379/month

1 Day on Market

Highlights

  • Federal Architecture
  • No HOA
  • Cooling Available
  • Wood Flooring
  • Bathtub
  • Enclosed Glass Porch

About This Home

As of January 2024

Welcome to 11 Pleasant Place, a fantastic multi-family property that is now available for sale! This spacious property offers an incredible opportunity for investors. Situated in a quiet neighborhood, this building boasts two, three bedroom apartment units and a single bedroom unit. With ample parking, convenience is at your fingertips. The exterior of the property has been recently updated with all new siding and windows, ensuring a fresh and modern look. Inside, you'll find beautifully updated units that have been meticulously maintained. The addition of heat pumps and a rinnai propane heater guarantees year-round comfort for all occupants. Not only has the property undergone cosmetic updates, but it also features updated electrical systems, new oil tanks, and water heaters. These improvements ensure peace of mind and efficient functioning throughout the property. Currently occupied by reliable tenants, this presents an excellent income-generating opportunity. Located in a desirable area with easy access to amenities and transportation options, this property offers both comfort and convenience. Don't miss out on the chance to own this remarkable multi-family home!

Last Agent to Sell the Property

Laura Corriveau

Summit Real Estate Listed on: 12/05/2023

Last Buyer's Agent

Jessica Weinreich

CENTURY 21 Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 1890

Lot Details

  • 7,841

Home Design

  • Federal Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,640 Sq Ft Home
  • 3-Story Property
  • ENERGY STAR Qualified Appliances
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • High-Efficiency Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Enclosed Glass Porch
  • 7,841 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number WAVL-000048-000000-000215

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $13,799
  • Gross Income $51,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,234

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Directions: GPS friendly: Head northeast on Silver St. to Elm St. turn left onto Western Ave. Take a right onto Pleasant St. Pleasant Place is on the right in 0.5 mile. Property on left at end of road.
  • Above Grade Finished Sq Ft: 3640.0
  • Architectural Style: Federal
  • Garage Yn: No
  • Efficiency: High Efficiency Water Heater, Energy Star Appliances
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3640.0
  • Property Information:Garage: No
  • 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
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 51720.0
  • Income Expenses Operating Expenses: 13799.0
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Style:Federal: Yes
  • Equipment:DSL: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Building Info:_pound_ Floors3: 3
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: Bathtub, Shower, Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Other Heat System, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: WAVL-000048-000000-000215
  • Zoning: RD

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 51720.0
  • Annual Operating Expense: 13799.0

Tax Info

  • Tax Annual Amount: 3234.0
  • Tax Book Number: 14045
  • Tax Lot: 215
  • Tax Map Number: 48
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Jan 5, 2024
Sold by
Pelletier Amanda and Pelletier Matthew L
Bought by
Stewart Nathaniel J
Seller's Agent
Laura Corriveau
Summit Real Estate
Buyer's Agent
Jessica Weinreich
CENTURY 21 Advantage
List Price
$318,000
Sold Price
$328,000
Premium/Discount to List
$10,000
3.14%
Total Days on Market
1
Current Estimated Value
$355,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,286
Avg. Annual Appreciation
5.93%
Original Mortgage
$311,600
Outstanding Balance
$308,348
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$48,038

Purchase Details

Listed on
Nov 14, 2022
Closed on
Dec 29, 2022
Sold by
Lttd Properties Llc
Bought by
Pelletier Matthew L and Pietraszewski Amanda
Seller's Agent
Rebecca Tibbetts
Coldwell Banker Plourde Real Estate
Buyer's Agent
Laura Corriveau
Summit Real Estate
List Price
$229,900
Sold Price
$212,100
Premium/Discount to List
-$17,800
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.33%
Original Mortgage
$169,680
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2021
Sold by
Blue Door Properties Llc
Bought by
Lttd Properties Llc

Purchase Details

Closed on
Sep 21, 2020
Sold by
Fnma
Bought by
Bluedoor Properties Llc
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
Stewart Nathaniel J $328,000 None Available
Pelletier Matthew L -- None Available
Lttd Properties Llc -- None Available
Bluedoor Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Nathaniel J $311,600
Previous Owner Pelletier Matthew L $169,680
Previous Owner Keene Jeremy N $132,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $328,000 +3.1% $90 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $318,000 +49.9% $87 / Sq Ft
12/29/2022 12/29/22 Sold $212,100 -7.7% $58 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $229,900 -- $63 / 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 $4,710 $235,500 $18,700 $216,800
2023 $4,686 $235,500 $18,700 $216,800
2022 $3,234 $125,100 $14,000 $111,100
2021 $3,190 $125,100 $14,000 $111,100
2020 $3,223 $125,100 $14,000 $111,100
2019 $3,223 $125,100 $14,000 $111,100
2018 $3,161 $125,100 $14,000 $111,100
2017 $2,919 $125,100 $14,000 $111,100
2016 $2,852 $125,100 $14,000 $111,100
2015 $2,975 $107,000 $12,100 $94,900
2014 $2,932 $107,000 $12,100 $94,900
2013 $2,932 $107,000 $12,100 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1578632

Maine Listings

APN: WAVL-000048-000000-000215