$179,900
UNDER CONTRACT $65K PRICE DROP

2 Elm Terrace Waterville, ME 04901

Estimated payment $1,221/month

Total Views 16,043
5 Beds
1.5 Baths
1,918 Sq Ft
$94 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • New Englander Architecture
  • Cul-De-Sac
  • Laundry Room

About This Home

OPEN HOUSE: Saturday 8/2 @ 9:00-11:00

LOCATION, LOCATION, LOCATION!

Welcome to historic Waterville, Maine. About an hour from Portland or Camden and home to Colby and Thomas Colleges. A charming New England-style single-family home located on a dead-end street. This 1918 square has 5 bedrooms, 1.5 baths, hardwood floors, and is conveniently located near the YMCA, the Film Center & the Opera House. Looking for extra income potential? Either convert to a multi-family or rent to college students. With its spacious layout & multiple levels, this home could be converted into a duplex-style property—live in 1 unit and rent the other to help pay your mortgage. Step inside to an inviting layout featuring a large living room with a Vermont Castings gas fireplace, a formal dining room, and a well-appointed kitchen with stainless steel appliances and a gas range. A lovely glassed-in porch adds charm. The 2nd floor hosts 3 comfortable bedrooms, a full bathroom, and an oversized laundry room, while the 3rd floor offers 2 more bedrooms perfect for guests or home offices!

Listing Agent

Madelyn Diaz

Pouliot Real Estate Brokerage Phone: 207-248-6044 Listed on: 06/06/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,894

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Fenced
  • Landscaped

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,918 Sq Ft Home
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

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

Parking

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

Location

  • City Lot

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 245 / 240
  • Assessor Parcel Number WAVL-000048-000000-000240

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,894

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • MLS Status: Active Under Contract
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 1918.0
  • Architectural Style: Other, New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-248-6044
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1918.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: 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
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Appliances Included:Cooktop: Yes
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Water Heater:Oil2: Yes
  • Laundry Room:Laundry Room: Yes
  • Site:Cul-De-Sac: Yes
  • Style:New Englander: Yes
  • Parking:On Street: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: 4224

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Cooktop
  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Wood
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Third
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: Second
  • Bedroom 5:Bedroom 5 Level: Third

Exterior Features

  • Fencing: Fenced
  • Lot Features: Well Landscaped, Cul-De-Sac, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • 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: 3484.8
  • Parcel #: WAVL-000048-000000-000240
  • Zoning: Unknown

Tax Info

  • Tax Annual Amount: 2894.0
  • Tax Block: 240
  • Tax Book Number: 12607
  • Tax Lot: 245
  • Tax Map Number: 48
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,894 $144,700 $7,900 $136,800
2023 $2,880 $144,700 $7,900 $136,800
2022 $1,820 $70,400 $5,900 $64,500
2021 $1,795 $70,400 $5,900 $64,500
2020 $1,814 $70,400 $5,900 $64,500
2019 $1,814 $70,400 $5,900 $64,500
2018 $1,779 $70,400 $5,900 $64,500
2017 $1,642 $70,400 $5,900 $64,500
2016 $1,605 $70,400 $5,900 $64,500
2015 $1,599 $57,500 $6,800 $50,700
2014 $1,576 $57,500 $6,800 $50,700
2013 $1,576 $57,500 $6,800 $50,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $179,900 -4.8% $94 / Sq Ft
07/18/2025 07/18/25 Price Changed $189,000 -5.0% $99 / Sq Ft
07/06/2025 07/06/25 Price Changed $199,000 -7.4% $104 / Sq Ft
06/27/2025 06/27/25 Price Changed $215,000 -10.0% $112 / Sq Ft
06/13/2025 06/13/25 Price Changed $239,000 -2.4% $125 / Sq Ft
06/06/2025 06/06/25 For Sale $245,000 +436.1% $128 / Sq Ft
05/18/2017 05/18/17 Sold $45,700 -13.8% $24 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $53,000 -- $28 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Not Resolvable -- --
Not Resolvable -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Unknown
Source: Public Records

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Source: Maine Listings

MLS Number: 1624110

Maine Listings

APN: WAVL-000048-000000-000240