NOT LISTED FOR SALE

12 Spring St Waterville, ME 04901

Estimated Value: $214,000 - $281,000

3 Beds
3 Baths
1,434 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2025

Last sale price $260,000 $181 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,470 / mo

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 Listed on: 11/01/2024

Last Buyer's Agent

Matt Boulerice

New England Realty Group LLC Listed on: 11/01/2024

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

1,307 Sq Ft Lot

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
  • Contract Information:List PriceSqFt: 191.7
  • Property Information:Seasonal: 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
  • Advertising Remarks:Advertising Remarks: 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.
  • 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 Lot: 160
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Jan 6, 2025
Sold by
Alexis Marie Llc
Bought by
Yl 1963 Llc
Seller's Agent
Matt Boulerice
New England Realty Group LLC
Buyer's Agent
Matt Boulerice
New England Realty Group LLC
List Price
$274,900
Sold Price
$260,000
Premium/Discount to List
-$14,900
-5.42%
Views
11
Current Estimated Value
$248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,000
Avg. Annual Appreciation
-3.46%
Original Mortgage
$360,000
Outstanding Balance
$355,903
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$107,903

Purchase Details

Closed on
Aug 5, 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
Jun 10, 2022
Sold by
Kloa Llc
Bought by
Alexis Marie 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
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 15, 2017
Sold by
Waterville Town Of
Bought by
Kloa Llc

Purchase Details

Closed on
May 21, 2015
Sold by
Waterville Town Of
Bought by
Kloa Llc

Purchase Details

Closed on
Mar 20, 2014
Sold by
Waterville Sewerage Dist
Bought by
Drf Properties Llc

Purchase Details

Closed on
Mar 18, 2013
Sold by
Waterville Sewerage Distr
Bought by
Kloa Llc

Purchase Details

Closed on
Mar 4, 2009
Sold by
Waterville Town Of
Bought by
Drf Props Llc

Purchase Details

Closed on
Mar 4, 2008
Sold by
Waterville Town Of
Bought by
Drf Props Llc

Purchase Details

Closed on
Sep 19, 2005
Sold by
Tlc Props Llc
Bought by
Drf Props Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Yl 1963 Llc $260,000 None Available
Yl 1963 Llc $260,000 None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Alexis Marie Llc $25,000 None Available
Alexis Marie Llc $25,000 None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- None Available
Kloa Llc -- --
Kloa Llc -- --
Kloa Llc -- --
Drf Properties Llc -- --
Drf Properties Llc -- --
Kloa Llc -- --
Kloa Llc -- --
Drf Props Llc -- --
Drf Props Llc -- --
Drf Props Llc -- --
Drf Props Llc -- --
Drf Props Llc -- --
Drf Props Llc -- --
Drf Props Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Yl 1963 Llc $360,000
Closed Yl 1963 Llc $360,000
Previous Owner Kloa Llc $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $1,760 $103,500 $17,300 $86,200
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

Agents Affiliated with this Home

  • Matt Boulerice

    Seller's Agent in 2025

    Matt Boulerice

    New England Realty Group LLC

    (207) 714-0435

    16 in this area

    75 Total Sales

    Matt Boulerice
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Map

Source: Maine Listings

MLS Number: 1608512

Maine Listings

APN: WAVL-000044-000000-000160

Maine Kennebec County Waterville 04901

12 Spring St, Waterville, ME

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