$265,000
SOLD APR 24, 2025

13 Winter St Waterville, ME 04901

-- Bed
2 Baths
1,273 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

6% Above List Price

36 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Level Lot
  • New Englander Architecture
  • Baseboard Heating

About This Home

As of April 2025

**Back on the market through no fault of the property. Buyer had a life event which made it impossible for them to move forward. Priced below appraisal completed in March 2025.**This income-generating 2-unit property offers strong cash flow and a highly desirable location. Just a short walk to downtown and a quick drive to Colby College, it attracts steady interest from students and professionals alike. With plenty of off-street parking and on-site laundry, it provides convenience for tenants. Numerous recent upgrades add to its appeal, making it a smart investment in a high-demand rental market. Don't miss this opportunity to own a well-positioned, turn-key property with excellent income potential.

Last Agent to Sell the Property

Sue Durst

Sebago to the Sea Realty LLC Listed on: 02/23/2025

Last Buyer's Agent

Sonya Porter Burrill

Adams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1890

Lot Details

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

Home Design

  • 1,273 Sq Ft Home
  • New Englander Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Flooring

  • Wood
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available

Additional Features

  • 2 Full Bathrooms
  • Washer and Dryer Hookup

Listing and Financial Details

  • Tax Lot 291
  • Assessor Parcel Number WAVL-000048-000000-000291

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,002
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,194

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 1273.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1273.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Roof:Metal: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 38400.0
  • Income Expenses Operating Expenses: 7002.0
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available
  • Has Basement: Full, Sump Pump, Doghouse
  • Full Bathrooms: 2
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Level, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: 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-000048-000000-000291
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400.0
  • Annual Operating Expense: 7002.0

Tax Info

  • Tax Annual Amount: 2194.0
  • Tax Book Number: 14611
  • Tax Lot: 291
  • Tax Map Number: 48
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2025
Closed on
Apr 24, 2025
Sold by
Morse Jessica
Bought by
Lapierre Jake
Seller's Agent
Sue Durst
Sebago to the Sea Realty LLC
Buyer's Agent
Sonya Porter Burrill
Adams Realty
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%
Total Days on Market
36
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.71%
Original Mortgage
$260,200
Outstanding Balance
$259,972
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
-$726

Purchase Details

Listed on
May 3, 2022
Closed on
Oct 20, 2022
Sold by
Cranny Chris P
Bought by
Morse Jessica
Seller's Agent
Elizabeth Osborne
Strategic Real Estate Services
Buyer's Agent
Sue Durst
Keller Williams Realty
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.90%
Original Mortgage
$128,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2018
Sold by
Higgins Daniel and Higgins Katherine
Bought by
Dulac Ralph L

Purchase Details

Closed on
May 25, 2006
Sold by
Munroe Lori L and Munroe Ernest A
Bought by
Higgins Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $265,000 None Available
Warranty Deed $265,000 None Available
Warranty Deed $125,000 None Available
Warranty Deed $125,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,200 FHA
Closed $260,200 FHA
Previous Owner $31,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $128,000 Commercial
Previous Owner $81,200 Unknown
Previous Owner $175,500 Adjustable Rate Mortgage/ARM
Previous Owner $36,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $265,000 -3.6% $208 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $275,000 +10.4% $216 / Sq Ft
02/23/2025 02/23/25 For Sale $249,000 +99.2% $196 / Sq Ft
10/20/2022 10/20/22 Sold $125,000 -3.8% $68 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $130,000 +64.6% $70 / Sq Ft
10/05/2021 10/05/21 Sold $79,000 -16.8% $62 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $94,900 -- $75 / 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 $2,194 $109,700 $14,600 $95,100
2023 $2,183 $109,700 $14,600 $95,100
2022 $1,520 $58,800 $10,900 $47,900
2021 $1,484 $58,200 $10,900 $47,300
2020 $1,499 $58,200 $10,900 $47,300
2019 $1,499 $58,200 $10,900 $47,300
2018 $1,471 $58,200 $10,900 $47,300
2017 $1,358 $58,200 $10,900 $47,300
2016 $1,327 $58,200 $10,900 $47,300
2015 $1,443 $51,900 $12,500 $39,400
2014 $1,422 $51,900 $12,500 $39,400
2013 $1,422 $51,900 $12,500 $39,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1614623

Maine Listings

APN: WAVL-000048-000000-000291