NOT LISTED FOR SALE

3 Elm Terrace Waterville, ME 04901

Estimated Value: $195,000 - $257,000

4 Beds
1.5 Baths
1,540 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $175,000 $114 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,504/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Attic
  • Country Club
  • New Englander Architecture
  • No HOA

About This Home

As of October 2022

Great opportunity to purchase a spacious 4-bedroom New Englander in the heart of Waterville! Located on a dead-end street, this home is within walking distance of the revitalized downtown area where you can find great dining, shopping, library, parks, and the beautiful Riverwalk along the Kennebec River. This home has great character throughout and refinished hardwood floors on the 2nd floor! The kitchen has been completely remodeled with stainless steel appliances. Many other updates include the electrical and upstairs bathroom. Great Storage space in the 3rd floor attic that could be finished to add additional living space. Comes with an attached one car garage with direct entry to the dining room. This could be a great investment opportunity to rent to area students, within 10 minutes from Colby College, Thomas College or KVCC.

Last Agent to Sell the Property

Kimberly Hawkes

OWN REAL ESTATE License #DB923296 Listed on: 09/19/2022

Last Buyer's Agent

Daurice Courcy

Twin Town Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1880

Lot Details

  • 2,178 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot
  • Property is zoned RD

Parking

  • 1 Car Direct Access Garage
  • Driveway

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • Built-In Features
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Porch

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 241
  • Assessor Parcel Number WAVL-000048-000000-000241

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,727

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Main Street turn onto Elm St. then turn onto Elm Ter. see sign on right
  • Above Grade Finished Sq Ft: 1540.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 103.18
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1540.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Roads:Dead End: Yes
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Room Features:Built-Ins30: Yes
  • Style:New Englander: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Great opportunity to purchase a spacious 4-bedroom New Englander in the heart of Waterville! Located on a dead-end street, this home is within walking distance of the revitalized downtown area where you can find great dining, shopping, library, parks, and the beautiful Riverwalk along the Kennebec River. This home has great character throughout and refinished hardwood floors on the 2nd floor! The kitchen has been completely remodeled with stainless steel appliances. Many other updates include the electrical and upstairs bathroom. Great Storage space in the 3rd floor attic that could be finished to add additional living space. Comes with an attached one car garage with direct entry to the dining room. This could be a great investment opportunity to rent to area students, within 10 minutes from Colby College, Thomas College or KVCC.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Attic, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: WAVL-000048-000000-000241
  • Zoning: RD

Tax Info

  • Tax Annual Amount: 1727.0
  • Tax Lot: 241
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Oct 31, 2022
Sold by
Labbe-Joler Michelle L and Labbe Richard N
Bought by
Spencer Carl J and Spencer Maribel D
Seller's Agent
Kimberly Hawkes
OWN REAL ESTATE
Buyer's Agent
Daurice Courcy
Twin Town Properties
List Price
$158,900
Sold Price
$175,000
Premium/Discount to List
$16,100
10.13%
Views
15
Current Estimated Value
$234,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,063
Avg. Annual Appreciation
9.80%
Original Mortgage
$177,777
Outstanding Balance
$171,633
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$62,430

Purchase Details

Listed on
Oct 2, 2020
Closed on
Mar 5, 2021
Sold by
3 Elm Terrace Llc
Bought by
Labbe-Joler Michelle L and Labbe Richard N
Seller's Agent
Kimberly Hawkes
OWN REAL ESTATE
Buyer's Agent
Kimberly Hawkes
Coldwell Banker Plourde Real Estate
List Price
$100,000
Sold Price
$103,000
Premium/Discount to List
$3,000
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.62%
Original Mortgage
$82,400
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jun 5, 2017
Sold by
Gerry Randolph and Gerry Barbara L
Bought by
3 Elm Terrace Llc
Seller's Agent
Stephen Roy
Coldwell Banker Plourde Real Estate
Buyer's Agent
Stephen Roy
Coldwell Banker Plourde Real Estate
List Price
$67,500
Sold Price
$43,000
Premium/Discount to List
-$24,500
-36.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spencer Carl J $175,000 None Available
Labbe-Joler Michelle L -- None Available
3 Elm Terrace Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Carl J $177,777
Previous Owner Labbe-Joler Michelle L $82,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2022 10/31/22 Sold $175,000 +10.1% $114 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $158,900 +54.3% $103 / Sq Ft
03/05/2021 03/05/21 Sold $103,000 +3.0% $67 / Sq Ft View Prior Sale
01/22/2021 01/22/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $100,000 +132.6% $65 / Sq Ft
06/02/2017 06/02/17 Sold $43,000 -36.3% $28 / Sq Ft View Prior Sale
05/20/2017 05/20/17 Pending -- -- --
11/22/2016 11/22/16 For Sale $67,500 -- $44 / 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
2025 $3,315 $195,000 $10,300 $184,700
2024 $3,008 $150,400 $7,900 $142,500
2023 $2,993 $150,400 $7,900 $142,500
2022 $1,921 $74,300 $5,900 $68,400
2021 $1,703 $66,800 $5,900 $60,900
2020 $1,721 $66,800 $5,900 $60,900
2019 $1,721 $66,800 $5,900 $60,900
2018 $1,688 $66,800 $5,900 $60,900
2017 $1,558 $66,800 $5,900 $60,900
2016 $1,523 $66,800 $5,900 $60,900
2015 $1,551 $55,800 $6,800 $49,000
2014 $1,529 $55,800 $6,800 $49,000
2013 $1,529 $55,800 $6,800 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1543593

Maine Listings

APN: WAVL-000048-000000-000241