NOT LISTED FOR SALE

12 West St Waterville, ME 04901

Estimated Value: $261,000 - $274,000

9 Beds
3 Baths
4,723 Sq Ft
$56/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $139,500 $30 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,918/month

198 Days on Market

Highlights

  • Country Club
  • Wood Flooring
  • Interior Lot
  • Colonial Architecture
  • No HOA
  • Zoned Heating

About This Home

As of March 2020

Well maintained 3 Unit property with many updates in recent years. Spacious apartments with plenty of room to move and dedicated storage area in the garage. Dry basement that was completely spray foamed by Efficiency Maine. Close to many of Waterville's abundant and growing offerings. Don't miss out on this fully occupied investment opportunity.

Last Agent to Sell the Property

Tim Fortin

NextHome Northern Lights Realty Listed on: 01/13/2020

NextHome Northern Lights Realty

Last Buyer's Agent

Patrick Matheson

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Interior Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 3 Full Bathrooms
  • 4,723 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number WAVL-000048-000000-000127

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Country Club

Building Details

  • Gross Income $32,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,363

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Gilman Street, turn onto West Street and property is Brown #12
  • Above Grade Finished Sq Ft: 4723.0
  • Architectural Style: Colonial, New Englander, Other Style
  • Garage Yn: Yes
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4723.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 32280.0
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Near Country Club: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Sidewalks, Interior Lot, Near Golf Course, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • 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: 6969.6
  • Parcel #: WAVL-000048-000000-000127
  • Zoning: RES

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 32280.0

Tax Info

  • Tax Annual Amount: 3363.0
  • Tax Book Number: 12823
  • Tax Lot: 127
  • Tax Map Number: 48
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2025
Sold by
Django Llc
Bought by
Michaud Alonzo
Total Days on Market
198
Current Estimated Value
$265,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Outstanding Balance
$322,718
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$57,707

Purchase Details

Closed on
Jan 17, 2018
Sold by
Klem K Investments Llc
Bought by
Ochre Advantage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

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
Michaud Alonzo $340,000 None Available
Michaud Alonzo $340,000 None Available
Ochre Advantage Llc -- --
Ochre Advantage Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaud Alonzo $323,000
Closed Michaud Alonzo $323,000
Previous Owner Django Llc $168,000
Previous Owner Bard Joseph M $111,600
Previous Owner Ochre Advantage Llc $96,000
Previous Owner Klem K Investments Llc $228,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $139,500 -3.8% $30 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
06/28/2019 06/28/19 For Sale $145,000 -- $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 $5,156 $257,800 $21,400 $236,400
2023 $5,130 $257,800 $21,400 $236,400
2022 $3,441 $133,100 $16,000 $117,100
2021 $3,394 $133,100 $16,000 $117,100
2020 $3,429 $133,100 $16,000 $117,100
2019 $3,429 $133,100 $16,000 $117,100
2018 $3,363 $133,100 $16,000 $117,100
2017 $3,105 $133,100 $16,000 $117,100
2016 $3,035 $133,100 $16,000 $117,100
2015 $2,997 $107,800 $17,600 $90,200
2014 $2,954 $107,800 $17,600 $90,200
2013 $2,954 $107,800 $17,600 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1422143

Maine Listings

APN: WAVL-000048-000000-000127