NOT LISTED FOR SALE

18 King St Waterville, ME 04901

Estimated Value: $123,000 - $155,000

6 Beds
3 Baths
2,208 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $110,000 $50 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $892/month

4 Days on Market

Highlights

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

About This Home

As of March 2023

Great investment opportunity with strong rental history! Units have recent updates completed in Q4 2022. Don't miss your opportunity!

Last Agent to Sell the Property

Donald Plourde

Coldwell Banker Plourde Real Estate Listed on: 02/03/2023

Coldwell Banker Plourde Real Estate

Co-Listed By

Jamie Plourde

Coldwell Banker Plourde Real Estate

Last Buyer's Agent

Jennifer Guay

First Maine Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,208 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number WAVL-000039-000000-000057

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $10,100
  • Gross Income $28,226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,112

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1114
  • Co List Office Phone: 207-872-7650
  • MLS Status: Closed
  • Directions: From Silver St in Waterville, turn right onto Gold St, then turn right onto King St. Property will be on the right.
  • Above Grade Finished Sq Ft: 2208.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2208.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 28226.0
  • Income Expenses Operating Expenses: 10100.0
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Property Information:Deed Restrictions: Unknown
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Laminate, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Level, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Block, Stone, Brick/Mortar
  • Roof: Metal

Garage/Parking

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

Utilities

  • 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: 5227.2
  • Parcel #: WAVL-000039-000000-000057
  • Zoning: RC

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28226.0
  • Annual Operating Expense: 10100.0

Tax Info

  • Tax Annual Amount: 1112.0
  • Tax Book Number: 12356
  • Tax Lot: 57
  • Tax Map Number: 39
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 31, 2023
Sold by
Bhp 3 Llc
Bought by
Jkl Capital Llc
Seller's Agent
Donald Plourde
Coldwell Banker Plourde Real Estate
Buyer's Agent
Jennifer Guay
First Maine Real Estate
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$138,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,321
Avg. Annual Appreciation
10.06%
Original Mortgage
$88,000
Outstanding Balance
$85,898
Interest Rate
6.32%
Mortgage Type
Commercial
Estimated Equity
$52,423
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jkl Capital Llc $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jkl Capital Llc $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $110,000 -4.3% $50 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $115,000 -- $52 / 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 $1,662 $83,100 $7,500 $75,600
2023 $1,654 $83,100 $7,500 $75,600
2022 $1,112 $43,000 $5,700 $37,300
2021 $1,097 $43,000 $5,700 $37,300
2020 $1,108 $43,000 $5,700 $37,300
2019 $1,108 $43,000 $5,700 $37,300
2018 $1,087 $43,000 $5,700 $37,300
2017 $1,003 $43,000 $5,700 $37,300
2016 $980 $43,000 $5,700 $37,300
2015 $1,321 $47,500 $6,200 $41,300
2014 $1,302 $47,500 $6,200 $41,300
2013 $1,302 $47,500 $6,200 $41,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1551849

Maine Listings

APN: WAVL-000039-000000-000057