Seller's Agent in 2022
Corey Lee
Realty of Maine
(207) 314-8443
233 Total Sales
18 Summer St Waterville, ME 04901
Estimated Value: $79,346 - $161,000
7
Beds
2
Baths
2,044
Sq Ft
$54/Sq Ft
Est. Value
Highlights
- Country Club
- No HOA
- Open Lot
- Wood Flooring
- Property is near a golf course
- Heating Available
About This Home
As of December 2022Conveniently located and an easy walk to the revitalized downtown Waterville area. This unique vacant two unit offers a spacious three bedroom first floor apartment. The second floor apartment has two bedrooms and goes to the third floor with another two bedrooms, making it four total. This amazing investment opportunity is awaiting your finishing touches and would make a great winter project. **Will not qualify for most bank financing and will most likely need to be cash financing.
Last Listed By
Corey Lee
Realty of Maine Listed on: 12/09/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,232
Year Built
- Built in 1905
Lot Details
- 1,742 Sq Ft Lot
- Open Lot
Home Design
- Gambrel Roof
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2 Full Bathrooms
- 2,044 Sq Ft Home
- Unfinished Basement
- Interior Basement Entry
Flooring
- Wood
- Tile
Parking
- Driveway
- Paved Parking
Location
- Property is near a golf course
- City Lot
Utilities
- No Cooling
- Heating Available
- No Water Heater
Listing and Financial Details
- Tax Lot 242
- Assessor Parcel Number WAVL-000044-000000-000242
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Country Club
Building Details
- Gross Income $31,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2022
Closed on
Dec 30, 2022
Sold by
Hilton Karen
Bought by
Shackleton Maria
Seller's Agent
Corey Lee
Realty of Maine
Buyer's Agent
Karen McGibney
Strategic Real Estate Services
List Price
$72,000
Sold Price
$67,000
Premium/Discount to List
-$5,000
-6.94%
Total Days on Market
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,087
Avg. Annual Appreciation
22.99%
Purchase Details
Closed on
May 28, 2021
Sold by
Boudreau Jeremy and Boudreau Tambara
Bought by
Hilton Karen
Purchase Details
Closed on
Aug 22, 2019
Sold by
Pollard Ronald
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 22, 2006
Sold by
Waterville Hsng Dev Llc
Bought by
Pollard Ronald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shackleton Maria | $67,000 | None Available | |
| Hilton Karen | -- | None Available | |
| Federal National Mortgage Association | -- | -- | |
| Pollard Ronald | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pollard Ronald | $51,636 | |
| Previous Owner | Pollard Ronald | $86,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $67,000 | -6.9% | $33 / Sq Ft |
| 11/29/2022 11/29/22 | For Sale | $72,000 | +7.5% | $35 / Sq Ft |
| 11/28/2022 11/28/22 | Off Market | $67,000 | -- | -- |
| 11/21/2022 11/21/22 | Price Changed | $72,000 | -3.9% | $35 / Sq Ft |
| 11/12/2022 11/12/22 | Price Changed | $74,900 | -6.3% | $37 / Sq Ft |
| 11/07/2022 11/07/22 | For Sale | $79,900 | -11.1% | $39 / Sq Ft |
| 10/18/2022 10/18/22 | Pending | -- | -- | -- |
| 08/23/2022 08/23/22 | For Sale | $89,900 | +149.7% | $44 / Sq Ft |
| 01/30/2020 01/30/20 | Sold | $36,000 | -19.8% | $18 / Sq Ft |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- |
| 09/27/2019 09/27/19 | For Sale | $44,900 | -- | $22 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $1,744 | $87,200 | $6,700 | $80,500 |
| 2023 | $1,735 | $87,200 | $6,700 | $80,500 |
| 2022 | $1,308 | $50,600 | $5,100 | $45,500 |
| 2021 | $1,234 | $48,400 | $5,100 | $43,300 |
| 2020 | $1,247 | $48,400 | $5,100 | $43,300 |
| 2019 | $1,247 | $48,400 | $5,100 | $43,300 |
| 2018 | $1,223 | $48,400 | $5,100 | $43,300 |
| 2017 | $1,129 | $48,400 | $5,100 | $43,300 |
| 2016 | $1,104 | $48,400 | $5,100 | $43,300 |
| 2015 | $917 | $33,000 | $5,800 | $27,200 |
| 2014 | $904 | $33,000 | $5,800 | $27,200 |
| 2013 | $904 | $33,000 | $5,800 | $27,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Karen McGibney
K
Buyer's Agent in 2022
Karen McGibney
Strategic Real Estate Services
(207) 588-7194
16 Total Sales
-
Earle Kenney
Seller's Agent in 2020
Earle Kenney
Sprague & Curtis Real Estate
(207) 395-4695
360 Total Sales
Map
Source: Maine Listings
MLS Number: 1540913
APN: WAVL-000044-000000-000242
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