$212,100
SOLD DEC 29, 2022

11 Pleasant Place Waterville, ME 04901

-- Bed
3 Baths
3,640 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

8% Below List Price

3 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • Enclosed Glass Porch
  • Wood Flooring
  • Bathtub
  • Baseboard Heating

About This Home

As of January 2024

You know the old saying, don't judge a book by it's cover? Well don't judge this multi-family by the outside! Three large, beautifully updated units with new flooring, paint, appliances, and updated electrical throughout the building. The first floor unit has 10 foot ceilings and the second floor unit gets amazing natural light because of the gorgeous glassed in porch. Heat pumps on both first and third floors, two brand new stainless steel oil tanks, three new hot water heaters, new roof in 2019, and a laundry room on the first floor that is ready to house multiple washers and dryers for additional income if desired. This property is fully rented with extremely reliable tenants. With a little siding work, this property would be fully updated and ready to start making you money!

Last Agent to Sell the Property

Rebecca Tibbetts

Coldwell Banker Plourde Real Estate Listed on: 11/14/2022

Coldwell Banker Plourde Real Estate

Last Buyer's Agent

Laura Corriveau

Summit Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 1890

Home Design

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

Interior Spaces

  • 3,640 Sq Ft Home
  • 3-Story Property
  • 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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric 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

Building Details

  • Operating Expense $15,716
  • Gross Income $38,200

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: 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 .5 mile. Property on left at end of road.
  • Above Grade Finished Sq Ft: 3640.0
  • Architectural Style: Federal
  • Garage Yn: No
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Heat System:Heat Pump: 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: 38200.0
  • Income Expenses Operating Expenses: 15716.0
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Style:Federal: Yes
  • Equipment:DSL: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 3
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Accessibilitiy Amenities 32 - 36 Inch Doors: 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
  • Stories: 3
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • 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: 38200.0
  • Annual Operating Expense: 15716.0

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%
Current Estimated Value
$340,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,946
Avg. Annual Appreciation
6.61%
Original Mortgage
$311,600
Outstanding Balance
$307,825
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$54,621

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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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 $328,000 None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,600 Purchase Money Mortgage
Previous Owner $169,680 Purchase Money Mortgage
Previous Owner $132,200 Unknown
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: 1548188

Maine Listings

APN: WAVL-000048-000000-000215