NOT LISTED FOR SALE

11 Sherwin St Waterville, ME 04901

Estimated Value: $125,823 - $137,000

5 Beds
3 Baths
2,417 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $125,000 $52 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $840/month

141 Days on Market

Highlights

  • Nearby Water Access
  • New Englander Architecture
  • Bathtub
  • Wood Flooring
  • No HOA
  • Enclosed Glass Porch

About This Home

As of April 2024

BACK ON MARKET !! 3 UNIT with extensive on-site parking close to playgrounds, stores and easy access to everywhere on nice quiet street. Separate entrances for each unit. Many updates made in each unit with long term tenants too.
Makes money and is a good investment! COME SEE!!

Last Listed By

Norman Peavey

Realty of Maine Listed on: 12/29/2023

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $889

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Enclosed Glass Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 272
  • Assessor Parcel Number WAVL-000044-000000-000272

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $6,714
  • Gross Income $29,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$889

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Silver Street, turn on Sherwin, property on left. Sign Up
  • Above Grade Finished Sq Ft: 1549.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.26
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1549.0
  • Property Information:SqFt Finished Below Grade: 868.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 29244.0
  • Income Expenses Operating Expenses: 6714.24
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 868.0
  • Flooring: Wood, Vinyl, Other
  • Interior Amenities: Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Other Exterior, Wood Frame
  • Patio And Porch Features: Glass Enclosed
  • Roof: Metal, Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Common, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater
  • 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: 11325.6
  • Parcel #: WAVL-000044-000000-000272
  • Zoning: RC

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 29244.0
  • Annual Operating Expense: 6714.24

Tax Info

  • Tax Annual Amount: 889.0
  • Tax Book Number: 14140
  • Tax Lot: 272
  • Tax Map Number: 44
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Apr 26, 2024
Sold by
Billys Bungalows Llc
Bought by
Petteruti Joseph R
Seller's Agent
Norman Peavey
Realty of Maine
Buyer's Agent
Christopher Foster
Keller Williams Realty
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Total Days on Market
141
Views
25
Current Estimated Value
$130,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,456
Avg. Annual Appreciation
4.00%
Original Mortgage
$93,750
Outstanding Balance
$92,835
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$37,621

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 19, 2021
Sold by
Charrier Tyler J
Bought by
Billys Bungalows Llc
Seller's Agent
Gregg Perkins
Affiliated Realty
Buyer's Agent
Jay Peavey
Realty of Maine
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.52%
Original Mortgage
$52,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 2, 2012
Sold by
Abby Road Props Llc
Bought by
Charrier Tyler J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2010
Sold by
Luther Marc and Aurora Loan Svcs Llc
Bought by
Aurora Loan Svcs Llc

Purchase Details

Closed on
Oct 27, 2005
Sold by
Peters Gas & Oil Svc
Bought by
Luther Mark

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
Petteruti Joseph R $125,000 None Available
Petteruti Joseph R $125,000 None Available
Billys Bungalows Llc -- None Available
Billys Bungalows Llc -- None Available
Charrier Tyler J -- --
Charrier Tyler J -- --
Aurora Loan Svcs Llc -- --
Aurora Loan Svcs Llc -- --
Luther Mark $74,000 --
Luther Mark $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petteruti Joseph R $93,750
Closed Petteruti Joseph R $93,750
Previous Owner Billys Bungalows Llc $52,000
Previous Owner Charrier Tyler J $52,000
Previous Owner Charrier Joseph R $50,000
Previous Owner Luther Marc $114,000
Previous Owner Luther Marc H $88,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $125,000 -3.8% $52 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $130,000 -13.3% $54 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $149,900 +130.6% $62 / Sq Ft
08/19/2021 08/19/21 Sold $65,000 -13.2% $27 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/16/2021 06/16/21 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 $1,312 $65,600 $7,900 $57,700
2023 $1,305 $65,600 $7,900 $57,700
2022 $889 $34,400 $5,900 $28,500
2021 $877 $34,400 $5,900 $28,500
2020 $886 $34,400 $5,900 $28,500
2019 $886 $34,400 $5,900 $28,500
2018 $869 $34,400 $5,900 $28,500
2017 $803 $34,400 $5,900 $28,500
2016 $784 $34,400 $5,900 $28,500
2015 $1,029 $37,000 $8,000 $29,000
2014 $1,014 $37,000 $8,000 $29,000
2013 $1,014 $37,000 $8,000 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1575651

Maine Listings

APN: WAVL-000044-000000-000272