Seller's Agent in 2024
Norman Peavey
Realty of Maine
(207) 478-0084
3 in this area
294 Total Sales
11 Sherwin St Waterville, ME 04901
--
Bed
3
Baths
2,417
Sq Ft
0.26
Acres
Highlights
- Nearby Water Access
- New Englander Architecture
- Enclosed Glass Porch
- Wood Flooring
- No HOA
- Forced Air Heating System
About This Home
As of April 2024Affordably priced 3 unit multi-family with mostly vinyl siding and replacement windows. One 1 br unit and two 2 br units. Rents are under market but still shows good positive cash flow. Last 2 years of actual income and expenses are available. Some cosmetics needed but with some sweat equity, this is a great opportunity. Ample off street parking. Ideal of owner occupancy or investment.
Last Agent to Sell the Property
Gregg Perkins
Affiliated Realty Listed on: 06/16/2021
Last Buyer's Agent
Jay Peavey
Realty of Maine
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $886
Year Built
- Built in 1930
Lot Details
- 0.26 Acre Lot
- Open Lot
- Lot Has A Rolling Slope
Home Design
- New Englander Architecture
- Brick Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Metal Roof
- Vinyl Siding
- Asphalt
Interior Spaces
- 3 Full Bathrooms
- 2-Story Property
Flooring
- Wood
- Vinyl
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
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 $7,800
- Gross Income $18,000
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%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,436
Avg. Annual Appreciation
10.52%
Original Mortgage
$93,750
Outstanding Balance
$92,835
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$50,660
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $125,000 | None Available | |
| Warranty Deed | $125,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Warranty Deed | $74,000 | -- | |
| Warranty Deed | $74,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $93,750 | Purchase Money Mortgage | |
| Closed | $93,750 | Purchase Money Mortgage | |
| Previous Owner | $52,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $52,000 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $114,000 | Unknown | |
| Previous Owner | $88,125 | Adjustable Rate Mortgage/ARM |
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
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
-
Norman Peavey
-
Christopher Foster
Buyer's Agent in 2024
Christopher Foster
Keller Williams Realty
(207) 712-5674
1 in this area
51 Total Sales
-
G
Seller's Agent in 2021
Gregg Perkins
Affiliated Realty
-
J
Buyer's Agent in 2021
Jay Peavey
Realty of Maine
Map
Source: Maine Listings
MLS Number: 1496519
APN: WAVL-000044-000000-000272
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