$260,000
SOLD JAN 6, 2025

12 Spring St Waterville, ME 04901

-- Bed
3 Baths
1,434 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

5% Below List Price

6 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • Heating System Uses Natural Gas

About This Home

As of January 2025

Extensively renovated & fully occupied 3-unit in the heart of Waterville. Renovations completed in 2023 include new roof, electrical systems, plumbing, heating systems, HW heaters, appliances, and cosmetic upgrades throughout. Off-street parking and on-site coin operated laundry. Tenants pay their own heat, HW, and electricity.

Last Agent to Sell the Property

Matt Boulerice

New England Realty Group LLC

Last Buyer's Agent

Matt Boulerice

New England Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1930

Lot Details

  • 1,307 Sq Ft Lot
  • Property fronts a private road

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Masonry

Interior Spaces

  • 3 Full Bathrooms
  • 1,434 Sq Ft Home
  • Vinyl Flooring

Unfinished Basement

  • Brick Basement
  • Interior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

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

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 160
  • Assessor Parcel Number WAVL-000044-000000-000160

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,726
  • Gross Income $34,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,918

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.03
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Directions: From Elm Street turn onto Spring Street, property on the right.
  • Above Grade Finished Sq Ft: 1434.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.03
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1434.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Roads:Private: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 34500.0
  • Income Expenses Operating Expenses: 11726.0
  • Basement:Crawl Space: Yes
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Exterior:Brick: Yes
  • Construction:Masonry: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Crawl Space, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl

Exterior Features

  • Lot Features: Intown
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 1306.8
  • Parcel #: WAVL-000044-000000-000160
  • Zoning: CA

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 34500.0
  • Annual Operating Expense: 11726.0

Tax Info

  • Tax Annual Amount: 1918.0
  • Tax Book Number: 14481
  • Tax Lot: 160
  • Tax Map Number: 44
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Waterville Sewerage Dist
Bought by
Kloa Llc
Total Days on Market
6
Current Estimated Value
$257,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2022
Sold by
Waterville Sewerage Dist
Bought by
Kloa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2020
Sold by
Waterville Town Of
Bought by
Kloa Llc

Purchase Details

Closed on
Oct 20, 2020
Sold by
Kennebec Water District
Bought by
Kloa Llc

Purchase Details

Closed on
Sep 19, 2005
Sold by
Tlc Props Llc
Bought by
Drf Props Llc

Map

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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 Purchase Money Mortgage
Closed $360,000 Purchase Money Mortgage
Closed $165,000 Commercial
Closed $134,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $260,000 -5.4% $181 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $274,900 -- $192 / Sq Ft
Source: Maine Listings

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 $1,928 $96,400 $26,600 $69,800
2023 $1,918 $96,400 $26,600 $69,800
2022 $848 $32,800 $15,200 $17,600
2021 $836 $32,800 $15,200 $17,600
2020 $845 $32,800 $15,200 $17,600
2019 $845 $32,800 $15,200 $17,600
2018 $829 $32,800 $15,200 $17,600
2017 $765 $32,800 $15,200 $17,600
2016 $748 $32,800 $15,200 $17,600
2015 $923 $33,200 $9,600 $23,600
2014 $910 $33,200 $9,600 $23,600
2013 -- $33,200 $9,600 $23,600
Source: Public Records

Source: Maine Listings

MLS Number: 1608512

Maine Listings

APN: WAVL-000044-000000-000160