$185,000
SOLD NOV 25, 2021

210 Water St Hallowell, ME 04347

-- Bed
4 Baths
1,800 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$103 Per Sq Ft

38% Below List Price

158 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • The property is located in a historic district
  • New Englander Architecture
  • 48 Feet of Waterfront
  • Deck
  • 3-minute walk to Granite City Park

About This Home

As of September 2022

Profitable 4 unit commercial building with 2 retail/office units that are now one business, and 2 one-bedroom apartments. The units are in very good condition with many updates. Strong rental history and tenants. Kennebec River frontage and rear decks for each unit that face the River for great views. Good parking spaces in the back of building.

Last Agent to Sell the Property

Jean Kirkpatrick

Rizzo Mattson Brokerage Phone: 207-622-9000 Listed on: 05/06/2021

Last Buyer's Agent

Josh LaVerdiere

Brookewood Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 1900

Lot Details

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

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 1,800 Sq Ft Home
  • Laminate Flooring
  • Water Views

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access
  • River Nearby
  • Deck

Location

  • The property is located in a historic district
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 184
  • Assessor Parcel Number 210WaterStreetHallowell04347

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $10,229
  • Gross Income $26,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,335

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Water Body Name: Kennebec River
  • MLS Status: Closed
  • Directions: Yellow building next to Lucky Garden.
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-622-9000
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1800.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: 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
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 26700.0
  • Income Expenses Operating Expenses: 10229.0
  • Exterior:Wood Siding: Yes
  • Location:Historic District: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 48.0
  • Water Info:Water Frontage Owned -: 48.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Foundation Materials:Granite2: Yes
  • Roof:Membrane: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Historic District, Intown
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Membrane, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 210WaterStreetHallowell04347
  • Zoning: 17-DT

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 26700.0
  • Annual Operating Expense: 10229.0

Tax Info

  • Tax Annual Amount: 4335.0
  • Tax Book Number: 12819
  • Tax Lot: 184
  • Tax Map Number: 9
  • Tax Year: 20

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
$433,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,167
Avg. Annual Appreciation
12.71%
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $285,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Purchase Money Mortgage
Previous Owner $216,500 Stand Alone Refi Refinance Of Original Loan
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1490553

Maine Listings

APN: HALL-000009-000000-000184