NOT LISTED FOR SALE

16 Messalonskee Ave Waterville, ME 04901

Estimated Value: $176,000 - $203,479

4 Beds
3 Baths
1,697 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $42,000 $25 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $1,286/month

143 Days on Market

Highlights

  • Cape Cod Architecture
  • Detached Garage
  • Level Lot
  • No HOA
  • Baseboard Heating
  • Wood Siding

About This Home

As of October 2015

Two family on a large lot. Up and down units. The first level unit has two bedrooms and one bath. Large kitchen and nice living room. Second level unit has two bedrooms and two baths. Both units have enclosed porches. Has 2 car detached garage. Great property for owner occupied. Live in one unit and rent the other to help pay the mortgage.

Last Agent to Sell the Property

Stacey Frost

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: staceyfrost@masiello.com Listed on: 07/27/2015

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Stacey Frost

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: staceyfrost@masiello.com Listed on: 07/27/2015

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 1,697 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Detached Garage
  • Gravel Driveway

Location

  • City Lot

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 322
  • Assessor Parcel Number WAVL-000047-000000-000322

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • MLS Status: Closed
  • Directions: Take Western Ave. to Messalonskee Ave. Property on your right.
  • Above Grade Finished Sq Ft: 1697.0
  • Architectural Style: Cape
  • Building Stories: 2
  • Year Built: 1930
  • Attribution Contact: staceyfrost@masiello.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1697.0
  • 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:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Exterior:Wood Siding: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: WAVL-000047-000000-000322
  • Zoning: RB

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1918.0
  • Tax Book Number: 11599
  • Tax Lot: 322
  • Tax Map Number: 47
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 5, 2015
Sold by
Waterville Town Of
Bought by
Us Bank Na Tr
Seller's Agent
Stacey Frost
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Stacey Frost
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$66,000
Sold Price
$42,000
Premium/Discount to List
-$24,000
-36.36%
Total Days on Market
143
Current Estimated Value
$187,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,370
Avg. Annual Appreciation
17.10%
Original Mortgage
$33,600
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2015
Sold by
Waterville Town Of
Bought by
Lounder Alan

Purchase Details

Closed on
Oct 6, 2006
Sold by
Benton Mark N and Benton Kathi S
Bought by
Lounder Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2005
Sold by
Bolduc Christopher M
Bought by
Benton Kathi S and Benton Mark N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.64%
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 Buyer Sale Price Title Company
Us Bank Na Tr -- --
Lounder Alan -- --
Lounder Alan -- --
Benton Kathi S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hilton Karen M $33,600
Previous Owner Lounder Alan $127,000
Previous Owner Benton Kathi S $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $42,000 -36.4% $25 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $66,000 -- $39 / 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 $2,846 $142,300 $21,600 $120,700
2023 $2,818 $141,600 $21,600 $120,000
2022 $1,962 $75,900 $16,300 $59,600
2021 $1,935 $75,900 $16,300 $59,600
2020 $1,955 $75,900 $16,300 $59,600
2019 $1,955 $75,900 $16,300 $59,600
2018 $1,918 $75,900 $16,300 $59,600
2017 $1,771 $75,900 $16,300 $59,600
2016 $1,731 $75,900 $16,300 $59,600
2015 $1,946 $70,000 $17,800 $52,200
2014 $1,918 $70,000 $17,800 $52,200
2013 $1,918 $70,000 $17,800 $52,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1210572

Maine Listings

APN: WAVL-000047-000000-000322