NOT LISTED FOR SALE

210 Water St Hallowell, ME 04347

Estimated Value: $362,000 - $456,501

-- Bed
2.5 Baths
1,800 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $285,000 $158 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,560/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • The property is located in a historic district
  • Property is near public transit
  • 48 Feet of Waterfront
  • Deck
  • 3-minute walk to Granite City Park

About This Home

As of September 2022

Fantastic opportunity awaits for the new owner of this 4 unit, commercial property in the Heart of downtown Hallowell that has fantastic owned waterfrontage. The first floor has two separate commercial units that are currently being rented by the same company. These units have been recently renovated and are well taken care of. The 2nd floor units are both lovely, recently updated 1 bedroom apartments. All units have wonderful decks that overlook the mighty Kennebec River. This property owns 48 feet of waterfront, and is approved to have a dock up to 59' long per the Army Corp of Engineers. Recent updates include a new roof, new heat system and water heater, and the building has just been scraped and painted as well!

Last Agent to Sell the Property

Joshua LaVerdiere

Sprague & Curtis Real Estate Brokerage Email: josh@spragueandcurtis.com Listed on: 07/22/2022

Last Buyer's Agent

Michael Emmert

Hearth & Key Realty

Hearth & Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,518

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • 48 Feet of Waterfront
  • River Front
  • Landscaped
  • Open Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property

Flooring

  • Heavy Duty
  • Laminate

Bedrooms and Bathrooms

  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Nearby
  • Deck

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 184
  • Assessor Parcel Number HALL-000009-000000-000184

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $15,781
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,518

Year Built

Built in 1900

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Water Body Name: Kennebec River
  • MLS Status: Closed
  • Directions: Green building next to Lucky Garden
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Attribution Contact: josh@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1800.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 27600.0
  • Income Expenses Operating Expenses: 15781.0
  • Exterior:Wood Siding: Yes
  • Location:Historic District: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 48.0
  • Water Info:Water Frontage Owned -: 48.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Floors:Heavy Duty: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Walk-Out Access, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Laminate, Heavy Duty
  • Interior Amenities: Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Landscaped, Historic District, Intown, Near Turnpike/Interstate, Near Town, Office Park, Retail Strip, Near Railroad
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

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
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: HALL-000009-000000-000184
  • Zoning: 17-DT

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 27600.0
  • Annual Operating Expense: 15781.0

Tax Info

  • Tax Annual Amount: 4517.94
  • Tax Book Number: 14264
  • Tax Lot: 184
  • Tax Map Number: 9
  • Tax Year: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 23, 2022
Sold by
Cobbossee Prop Soln Llc
Bought by
C & O Investments Llc
Seller's Agent
Joshua LaVerdiere
Sprague & Curtis Real Estate
Buyer's Agent
Michael Emmert
Hearth & Key Realty
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Current Estimated Value
$377,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,146
Avg. Annual Appreciation
13.38%
Original Mortgage
$225,000
Outstanding Balance
$216,110
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,015

Purchase Details

Closed on
Aug 6, 2008
Sold by
Nolin Carolyn J
Bought by
Patterson Robert W
Source: Public Records

Range of Values:

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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
C & O Investments Llc $285,000 None Available
Patterson Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C & O Investments Llc $225,000
Previous Owner Cobbossee Prop Soln Llc $216,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $285,000 -4.7% $158 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $299,000 +61.6% $166 / Sq Ft
11/25/2021 11/25/21 Sold $185,000 -38.1% $103 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $299,000 -- $166 / 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 $5,516 $277,200 $114,400 $162,800
2023 $4,647 $201,600 $83,200 $118,400
2022 $4,476 $201,600 $83,200 $118,400
2021 $4,294 $201,600 $83,200 $118,400
2020 $4,334 $201,600 $83,200 $118,400
2019 $4,294 $201,600 $83,200 $118,400
2018 $3,972 $201,600 $83,200 $118,400
2017 $3,972 $201,600 $83,200 $118,400
2016 $3,810 $201,600 $83,200 $118,400
2015 $3,548 $201,600 $83,200 $118,400
2014 $3,548 $201,600 $83,200 $118,400
2013 $3,447 $201,600 $83,200 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1537447

Maine Listings

APN: HALL-000009-000000-000184