NOT LISTED FOR SALE

21-23 Kennebec St Waterville, ME 04901

Estimated Value: $181,000 - $311,000

7 Beds
3 Baths
2,520 Sq Ft
$100/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $294,000 $117 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,629/month

22 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Carpet
  • Baseboard Heating

About This Home

As of June 2024

Explore the potential of this fantastic 3-family multi-unit property in the heart of Waterville. An ideal investment opportunity awaits you! Close to downtown, and amenities, ensuring attractiveness to tenants seeking convenience.

Last Agent to Sell the Property

Francois Rodrigue

Keller Williams Realty Listed on: 03/12/2024

Keller Williams Realty

Last Buyer's Agent

Scott Reiff Denise Reiff

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,520 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Laminate

Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 296
  • Assessor Parcel Number 2123KennebecStreetWaterville04901

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $14,881
  • Gross Income $37,499

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,215

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2520.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2520.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 37499.37
  • Income Expenses Operating Expenses: 14881.03
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Driveway:Gravel: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 2123KennebecStreetWaterville04901
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 37499.37
  • Annual Operating Expense: 14881.03

Tax Info

  • Tax Annual Amount: 1214.95
  • Tax Book Number: 13008
  • Tax Lot: 296
  • Tax Map Number: 044
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Jun 4, 2024
Sold by
Noonan Anthony and Noonan Lori
Bought by
Francois Joseph
Seller's Agent
Francois Rodrigue
Keller Williams Realty
Buyer's Agent
Scott Reiff Denise Reiff
Coldwell Banker Realty
List Price
$300,000
Sold Price
$294,000
Premium/Discount to List
-$6,000
-2%
Views
20
Current Estimated Value
$252,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,561
Avg. Annual Appreciation
-11.83%
Original Mortgage
$279,102
Outstanding Balance
$274,829
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
-$22,390

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 27, 2018
Sold by
Godbout Lionel H Est and Freid
Bought by
Noonan Anthony and Noonan Lori
Seller's Agent
Rick Hughes
Century 21 Nason Realty
Buyer's Agent
Kirstin McQuillan
Century 21 Venture Ltd.
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.51%
Original Mortgage
$1
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Francois Joseph $294,000 None Available
Francois Joseph $294,000 None Available
Noonan Anthony -- --
Noonan Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francois Joseph $279,102
Closed Francois Joseph $279,102
Previous Owner Noonan Anthony $60,000
Previous Owner Noonan Anthony $1
Previous Owner Noonan Anthony $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $294,000 -2.0% $117 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $300,000 0.0% $119 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $300,000 +316.7% $119 / Sq Ft
08/23/2018 08/23/18 Sold $72,000 -9.9% $29 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $79,900 -- $32 / 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 $3,048 $152,400 $7,700 $144,700
2023 $3,005 $151,000 $7,700 $143,300
2022 $1,215 $47,000 $5,800 $41,200
2021 $1,199 $47,000 $5,800 $41,200
2020 $1,211 $47,000 $5,800 $41,200
2019 $1,211 $47,000 $5,800 $41,200
2018 $1,188 $47,000 $5,800 $41,200
2017 $1,097 $47,000 $5,800 $41,200
2016 $1,072 $47,000 $5,800 $41,200
2015 $2,066 $74,300 $6,600 $67,700
2014 $2,036 $74,300 $6,600 $67,700
2013 $2,036 $74,300 $6,600 $67,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1583360

Maine Listings

APN: WAVL-000044-000000-000296