NOT LISTED FOR SALE

16 West St Waterville, ME 04901

Estimated Value: $268,000 - $331,000

5 Beds
3 Baths
3,197 Sq Ft
$96/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $198,000 $62 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,092/month

37 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Zoned Heating
  • New Englander Architecture
  • Bathtub
  • Baseboard Heating

About This Home

As of October 2021

Three unit situated in desirable in town neighborhoods. These sun filled units have ample living space and storage. Enjoy the porch and side yard. Entire building insulated and all newer windows and heating system. Short distance to downtown and Colby College.

Last Agent to Sell the Property

Jessica O'Halloran Smart

Surette Real Estate Brokerage Email: office@surette-realestate.com Listed on: 08/04/2021

Last Buyer's Agent

Patrick Matheson

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1910

Lot Details

  • 6,970

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,197 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • 6,970 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 129
  • Assessor Parcel Number WAVL-000048-000000-000129

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $5,797
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,965

Year Built

Built in 1910

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: 3197.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1910
  • Attribution Contact: office@surette-realestate.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3197.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: 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
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 31200.0
  • Income Expenses Operating Expenses: 5797.0
  • Amenities:Bathtub: Yes
  • Exterior:Aluminum Siding: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: Bathtub
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: WAVL-000048-000000-000129
  • Zoning: RB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 31200.0
  • Annual Operating Expense: 5797.0

Tax Info

  • Tax Annual Amount: 2965.0
  • Tax Book Number: 11383
  • Tax Lot: 129
  • Tax Map Number: 48
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 8, 2021
Sold by
Hamilton Emily B and Hamilton Jesse G
Bought by
Hometown Housing Llc
Seller's Agent
Jessica O'Halloran Smart
Surette Real Estate
Buyer's Agent
Patrick Matheson
Keller Williams Realty
List Price
$229,900
Sold Price
$198,000
Premium/Discount to List
-$31,900
-13.88%
Total Days on Market
37
Current Estimated Value
$306,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,333
Avg. Annual Appreciation
16.55%
Original Mortgage
$158,400
Outstanding Balance
$147,238
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$200,095

Purchase Details

Listed on
Mar 21, 2013
Closed on
May 13, 2013
Sold by
Lucas Jeffery
Bought by
Hamilton Emily B and Hamilton Jesse G
Seller's Agent
Jessica O'Halloran Smart
Surette Real Estate
Buyer's Agent
Jessica O'Halloran Smart
Portside Real Estate Group
List Price
$119,000
Sold Price
$121,000
Premium/Discount to List
$2,000
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$96,800
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 3, 2009
Sold by
Aurora Loan Svcs Llc
Bought by
Lucas Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
5.01%
Mortgage Type
Unknown
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
Hometown Housing Llc $2,500 None Available
Hamilton Emily B -- --
Lucas Jeffery -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hometown Housing Llc $158,400
Previous Owner Hamilton Emily B $96,800
Previous Owner Lucas Jeffery $47,000
Previous Owner Lucas Jeffery $15,000
Previous Owner Luther Marc H $147,250
Previous Owner Luther Marc H $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $198,000 -13.9% $62 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $229,900 +90.0% $72 / Sq Ft
05/10/2013 05/10/13 Sold $121,000 +1.7% $38 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $119,000 -- $37 / 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 $4,552 $227,600 $20,300 $207,300
2023 $4,529 $227,600 $20,300 $207,300
2022 $3,012 $116,500 $15,200 $101,300
2021 $2,935 $115,100 $15,200 $99,900
2020 $2,965 $115,100 $15,200 $99,900
2019 $2,965 $115,100 $15,200 $99,900
2018 $2,909 $115,100 $15,200 $99,900
2017 $2,685 $115,100 $15,200 $99,900
2016 $2,624 $115,100 $15,200 $99,900
2015 $2,421 $87,100 $16,700 $70,400
2014 $2,387 $87,100 $16,700 $70,400
2013 $2,387 $87,100 $16,700 $70,400
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1498268

Maine Listings

APN: WAVL-000048-000000-000129