NOT LISTED FOR SALE

3 Carrean St Waterville, ME 04901

Estimated Value: $56,000 - $64,000

4 Beds
2 Baths
1,806 Sq Ft
$33/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $56,500 $31 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $429/month

7 Days on Market

Highlights

  • Federal Architecture
  • Main Floor Bedroom
  • Forced Air Heating System
  • Wood Flooring
  • No HOA
  • Level Lot

About This Home

As of March 2024

Waterville Investment Opportunity - two unit building with two bedroom units in convenient location. Property offers ample parking, separate heat and electric for each unit. Each unit is spacious and the building has good bones but needs the touch of someone who is handy. This could be your opportunity if you have been looking for a property to rehab or owner occupy while you make repairs. Call today for your showing.

Last Listed By

Joel Alexander

NextHome Northern Lights Realty Brokerage Email: joelalexander@masiello.com Listed on: 01/25/2024

NextHome Northern Lights Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 1,806 Sq Ft Home
  • Federal Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Kitchen wood stove.
  • Tax Lot 41
  • Assessor Parcel Number WAVL-000039-000000-000041

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,317
  • Gross Income $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$796

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1104
  • Co List Office Phone: 207-623-4182
  • MLS Status: Closed
  • Directions: Take Water St then turn onto Carrean St. Home is the 2nd house on the right.
  • Above Grade Finished Sq Ft: 1806.0
  • Architectural Style: Federal
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: joelalexander@masiello.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1806.0
  • 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:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 7200.0
  • Income Expenses Operating Expenses: 3317.0
  • Exterior:Wood Siding: Yes
  • Basement:Dirt Floor: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Federal: Yes
  • Heat Fuel:Pellets: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Full, Exterior Entry, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Other
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Exclusions: Kitchen wood stove.
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater
  • 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: 3049.2
  • Parcel #: WAVL-000039-000000-000041
  • Zoning: RC

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 7200.0
  • Annual Operating Expense: 3317.0

Tax Info

  • Tax Annual Amount: 796.0
  • Tax Book Number: 14747
  • Tax Lot: 41
  • Tax Map Number: 39
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 20, 2024
Sold by
Paddack Gavin and Penney Ashley
Bought by
Waterville Cmnty Land T I
Seller's Agent
Joel Alexander
NextHome Northern Lights Realty
Buyer's Agent
Jill Huard
Summit Real Estate
List Price
$74,900
Sold Price
$56,500
Premium/Discount to List
-$18,400
-24.57%
Total Days on Market
7
Views
6
Current Estimated Value
$59,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,334
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
May 4, 2023
Sold by
Teague Raymond N
Bought by
Paddack Gavin and Penney Ashley

Purchase Details

Closed on
Sep 22, 2017
Sold by
Bouchard Michel W
Bought by
Teague Raymond N

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
Waterville Cmnty Land T I $56,500 None Available
Paddack Gavin $35,000 None Available
Teague Raymond N $18,700 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $56,500 -24.6% $31 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $74,900 -- $41 / 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 $1,152 $57,600 $6,600 $51,000
2023 $796 $40,000 $6,600 $33,400
2022 $548 $21,200 $5,000 $16,200
2021 $541 $21,200 $5,000 $16,200
2020 $546 $21,200 $5,000 $16,200
2019 $546 $21,200 $5,000 $16,200
2018 $536 $21,200 $5,000 $16,200
2017 $495 $21,200 $5,000 $16,200
2016 $483 $21,200 $5,000 $16,200
2015 $967 $34,800 $3,600 $31,200
2014 $954 $34,800 $3,600 $31,200
2013 $954 $34,800 $3,600 $31,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1581050

Maine Listings

APN: WAVL-000039-000000-000041