NOT LISTED FOR SALE

25 Spruce St Waterville, ME 04901

Estimated Value: $104,000 - $114,000

6 Beds
2 Baths
2,017 Sq Ft
$54/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $105,000 $52 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $824/month

193 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Baseboard Heating
  • New Englander Architecture
  • Zoned Heating
  • Level Lot

About This Home

As of May 2024

Two unit building in Waterville's growing North End neighborhood on a corner lot. Spacious units consist of 3 bedrooms, 1 bath. Convenient to schools, downtown, shopping, and the turnpike. Good investment opportunity or works well as a future owner-occupied property.

Last Agent to Sell the Property

Rachel Anderson

Coldwell Banker Plourde Real Estate Listed on: 09/08/2023

Coldwell Banker Plourde Real Estate

Last Buyer's Agent

Jill Huard

Summit Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,452

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,017 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 283
  • Assessor Parcel Number WAVL-000057-000000-000283

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,518
  • Gross Income $17,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,452

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: College Avenue to Spruce Street. Home on the left. On the Corner of Spruce/May/Donald Streets.
  • Above Grade Finished Sq Ft: 2017.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2017.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: 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
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 17600.0
  • Income Expenses Operating Expenses: 9518.21
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter, Brick/Mortar
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: WAVL-000057-000000-000283
  • Zoning: RB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17600.0
  • Annual Operating Expense: 9518.21

Tax Info

  • Tax Annual Amount: 2452.0
  • Tax Book Number: 3508
  • Tax Lot: 283
  • Tax Map Number: 57
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
May 16, 2024
Sold by
Jurdak Jr Edward G Est and Jurdak
Bought by
Gaulin Family Prop Llc
Seller's Agent
Rachel Anderson
Coldwell Banker Plourde Real Estate
Buyer's Agent
Jill Huard
Summit Real Estate
List Price
$155,000
Sold Price
$105,000
Premium/Discount to List
-$50,000
-32.26%
Total Days on Market
193
Views
12
Current Estimated Value
$109,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,667
Avg. Annual Appreciation
4.15%
Original Mortgage
$462,000
Outstanding Balance
$457,793
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$348,126
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
Gaulin Family Prop Llc $105,000 None Available
Gaulin Family Prop Llc $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaulin Family Prop Llc $462,000
Closed Gaulin Family Prop Llc $462,000
Previous Owner Jurdak Carmen $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $105,000 -19.2% $52 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $130,000 -16.1% $64 / Sq Ft
09/08/2023 09/08/23 For Sale $155,000 -- $77 / 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 $2,528 $126,400 $14,900 $111,500
2023 $2,515 $126,400 $14,900 $111,500
2022 $1,654 $64,000 $11,200 $52,800
2021 $1,632 $64,000 $11,200 $52,800
2020 $1,649 $64,000 $11,200 $52,800
2019 $1,649 $64,000 $11,200 $52,800
2018 $1,183 $46,800 $11,200 $35,600
2017 $1,493 $64,000 $11,200 $52,800
2016 $1,459 $64,000 $11,200 $52,800
2015 $1,537 $55,300 $9,400 $45,900
2014 $1,515 $55,300 $9,400 $45,900
2013 $1,515 $55,300 $9,400 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1571488

Maine Listings

APN: WAVL-000057-000000-000283