NOT LISTED FOR SALE

2 Gray Ave Waterville, ME 04901

Estimated Value: $149,000 - $193,000

6 Beds
2 Baths
2,016 Sq Ft
$85/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $133,500 $66 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,159/month

76 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • No HOA
  • Deck
  • New Englander Architecture
  • Porch

About This Home

As of October 2022

2 unit in Waterville is back on the market with unit 1 newly renovated! Each unit has 3 bedrooms and 1 bath. Minutes from Downtown Waterville and all the local restaurants. Also minutes from Waterville High School and Colby College. Schedule your showing today.

Last Agent to Sell the Property

Heidi Witham

Hoang Realty Listed on: 09/09/2022

Last Buyer's Agent

Tim Fortin

Century 21 Venture Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,016 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Wood
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Deck
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Programmable Thermostat
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 228
  • Assessor Parcel Number WAVL-000039-000000-000228

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $23,400
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$853

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Efficiency: Programmable Thermostat, Double Pane Windows
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: 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
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 23400.0
  • Income Expenses Operating Expenses: 23400.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Style:New Englander: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Interior Amenities: Pantry
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 3484.8
  • Parcel #: WAVL-000039-000000-000228
  • Zoning: RC

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23400.0
  • Annual Operating Expense: 23400.0

Tax Info

  • Tax Annual Amount: 853.05
  • Tax Book Number: 04823
  • Tax Lot: 228
  • Tax Map Number: 39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 27, 2022
Sold by
Muirfield Corp
Bought by
Flores Greta
Seller's Agent
Heidi Witham
Hoang Realty
Buyer's Agent
Tim Fortin
Century 21 Venture Ltd.
List Price
$137,000
Sold Price
$133,500
Premium/Discount to List
-$3,500
-2.55%
Views
9
Current Estimated Value
$177,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,254
Avg. Annual Appreciation
9.53%
Original Mortgage
$100,125
Outstanding Balance
$97,034
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$75,048
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
Flores Greta $133,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Greta $100,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $133,500 -2.6% $66 / Sq Ft
06/27/2022 06/27/22 For Sale $137,000 -- $68 / 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 $2,226 $111,300 $6,800 $104,500
2023 $2,215 $111,300 $6,800 $104,500
2022 $1,440 $55,700 $5,100 $50,600
2021 $842 $33,000 $5,100 $27,900
2020 $850 $33,000 $5,100 $27,900
2019 $850 $33,000 $5,100 $27,900
2018 $834 $33,000 $5,100 $27,900
2017 $770 $33,000 $5,100 $27,900
2016 $752 $33,000 $5,100 $27,900
2015 $1,418 $51,000 $5,900 $45,100
2014 $1,397 $51,000 $5,900 $45,100
2013 $1,397 $51,000 $5,900 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1534257

Maine Listings

APN: WAVL-000039-000000-000228