$398,000
SOLD NOV 6, 2024
-- Bed
3 Baths
4,636 Sq Ft
0.57 Acres

Recently Sold

$86 Per Sq Ft

16% Below List Price

56 Days on Market

Highlights

  • Country Club
  • New Englander Architecture
  • Attic
  • Wood Flooring
  • Main Floor Bedroom
  • 5 Fireplaces

About This Home

As of November 2024

PROFESSIONAL OFFICE BUILDING WITH 3 APARTMENTS AND OFFICES FOR INCOME! 1st floor of building features 4 separate offices to rent (current seller, who is a doctor, is in one of the offices), a small kitchenette, bathroom & waiting area with nice woodwork too! Features a 1st floor, 1-bedroom apartment, 2nd floor 1-bedroom apartment and renovated, beautiful 2-bedroom, 2nd floor apartment too. New natural gas boiler in 2015, large paved parking area, walk-up attic and more!

Last Agent to Sell the Property

Kim Moxcey

Century 21 Nason Realty

Century 21 Nason Realty

Last Buyer's Agent

Darcy Liberty

Integrity Homes Real Estate Group, PC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,991

Year Built

  • Built in 1900

Lot Details

  • 0.57 Acre Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Slate Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 4,636 Sq Ft Home
  • 2-Story Property
  • 5 Fireplaces
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Additional Features

  • Porch
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number WAVL-000044-000000-000014

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $20,883
  • Gross Income $23,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,991

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.57
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Kennedy Memorial Drive, proceed down Silver Street towards town. Right at light, see driveway on left for 2 Elm Street, next door to funeral home).
  • Above Grade Finished Sq Ft: 4636.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.57
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4636.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 23700.0
  • Income Expenses Operating Expenses: 20883.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Building Info:_pound_ Fireplaces3: 5
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Basement:BrickMortar: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Heat System:Radiator: Yes
  • Style:New Englander: Yes
  • Roof:Slate: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Brick/Mortar, Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Wood, Other, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Other Exterior, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Metal, Other, Slate
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Waterville Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24829.2
  • Parcel #: WAVL-000044-000000-000014
  • Zoning: RD

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 23700.0
  • Annual Operating Expense: 20883.0

Tax Info

  • Tax Annual Amount: 4991.0
  • Tax Book Number: 14148
  • Tax Lot: 14
  • Tax Map Number: 44
  • Tax Year: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Nov 6, 2024
Sold by
Burgher Peter L Est and Covey
Bought by
Bemis Paloma
Seller's Agent
Kim Moxcey
Century 21 Nason Realty
Buyer's Agent
Darcy Liberty
Integrity Homes Real Estate Group, PC
List Price
$475,000
Sold Price
$398,000
Premium/Discount to List
-$77,000
-16.21%
Total Days on Market
56
Views
50
Current Estimated Value
$391,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,253
Avg. Annual Appreciation
-2.84%
Original Mortgage
$280,000
Outstanding Balance
$278,676
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$113,071

Map

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
Personal Reps Deed -- None Available
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 Purchase Money Mortgage
Closed $280,000 Purchase Money Mortgage
Previous Owner $8,500,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $398,000 -11.4% $86 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $449,000 -5.5% $97 / Sq Ft
06/28/2024 06/28/24 For Sale $475,000 -- $102 / Sq Ft
Source: Maine Listings

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 $5,114 $255,700 $53,600 $202,100
2023 $4,991 $250,800 $53,600 $197,200
2022 $5,118 $198,000 $34,600 $163,400
2021 $5,049 $198,000 $34,600 $163,400
2020 $5,100 $198,000 $34,600 $163,400
2019 $5,100 $198,000 $34,600 $163,400
2018 $4,435 $198,000 $34,600 $163,400
2017 $4,619 $198,000 $34,600 $163,400
2016 $652 $198,000 $34,600 $163,400
2015 $5,485 $197,300 $33,600 $163,700
2014 $5,406 $197,300 $33,600 $163,700
2013 $5,406 $197,300 $33,600 $163,700
Source: Public Records

Source: Maine Listings

MLS Number: 1595109

Maine Listings

APN: WAVL-000044-000000-000014