NOT LISTED FOR SALE

30 Merryfield Ave Waterville, ME 04901

Estimated Value: $165,000 - $186,000

4 Beds
2 Baths
1,784 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $170,000 $95 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,222/month

3 Days on Market

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Enclosed Glass Porch
  • Open Lot

About This Home

As of April 2024

Great investment opportunity! Multi-unit property featuring (2) 2-bedroom / 1 bath units with strong rental history.

Last Listed By

Donald Plourde

Coldwell Banker Plourde Real Estate Listed on: 02/15/2024

Coldwell Banker Plourde Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,818

Year Built

  • Built in 1910

Lot Details

  • 9,148 Sq Ft Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,784 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Unfinished Basement

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

Outdoor Features

  • Deck
  • Enclosed Glass Porch

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number WAVL-000038-000000-000040

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed
  • Pet Restriction

Building Details

  • Operating Expense $8,190
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,818

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1114
  • Co List Office Phone: 207-872-7650
  • MLS Status: Closed
  • Directions: From Kennedy Memorial Drive (KMD) take a right onto Cool Street. Turn left onto Merryfield Ave. Property will be on the left.
  • Above Grade Finished Sq Ft: 1784.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1784.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: 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
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 27600.0
  • Income Expenses Operating Expenses: 8190.0
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Restrictions:Pet: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Glass Enclosed
  • 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: No
  • Pets Allowed: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: WAVL-000038-000000-000040
  • Zoning: RB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0
  • Annual Operating Expense: 8190.0

Tax Info

  • Tax Annual Amount: 2818.0
  • Tax Book Number: 12455
  • Tax Lot: 40
  • Tax Map Number: 38
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 19, 2024
Sold by
S D G Investors Llc
Bought by
Higgins Nathan
Seller's Agent
Donald Plourde
Coldwell Banker Plourde Real Estate
Buyer's Agent
Rebecca Jordan
The Maine Real Estate Experience
List Price
$160,000
Sold Price
$170,000
Premium/Discount to List
$10,000
6.25%
Total Days on Market
3
Views
11
Current Estimated Value
$175,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,551
Avg. Annual Appreciation
2.94%
Original Mortgage
$136,000
Outstanding Balance
$134,708
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$40,843

Purchase Details

Closed on
Jul 17, 2015
Sold by
Waterville Town Of
Bought by
Dunne Richard and Theberge Michael

Purchase Details

Closed on
Sep 15, 2014
Sold by
Waterville Town Of
Bought by
Dunne Richard and Theberge Michael

Purchase Details

Closed on
Apr 11, 2006
Sold by
Clyde Craig T and Clyde Kelly A
Bought by
Theberge Micheal and Dunne Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
10%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2005
Sold by
Congdon Richard T
Bought by
Theberge Michael

Purchase Details

Closed on
Oct 17, 2005
Sold by
Noonan Constance G
Bought by
Theberge Michael

Range of Values:

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Average Value
Not Available
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
Higgins Nathan $170,000 None Available
Higgins Nathan $170,000 None Available
Dunne Richard -- --
Dunne Richard -- --
Theberge Micheal -- --
Theberge Micheal -- --
Theberge Michael -- --
Theberge Michael -- --
Theberge Michael -- --
Theberge Michael -- --
Theberge Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Nathan $136,000
Closed Higgins Nathan $136,000
Previous Owner Sdg Investors Llc $175,000
Previous Owner Theberge Micheal $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $170,000 +6.3% $95 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $160,000 +309.2% $90 / Sq Ft
10/27/2016 10/27/16 Sold $39,100 +30.3% $22 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $30,000 -- $17 / 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 $2,878 $143,900 $20,100 $123,800
2023 $2,818 $141,600 $20,100 $121,500
2022 $1,908 $73,800 $15,100 $58,700
2021 $1,882 $73,800 $15,100 $58,700
2020 $1,145 $73,800 $15,100 $58,700
2019 $1,901 $73,800 $15,100 $58,700
2018 $1,081 $73,800 $15,100 $58,700
2017 $1,722 $73,800 $15,100 $58,700
2016 $1,719 $73,800 $15,100 $58,700
2015 $1,974 $71,000 $17,300 $53,700
2014 $1,945 $71,000 $17,300 $53,700
2013 $1,945 $71,000 $17,300 $53,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1582296

Maine Listings

APN: WAVL-000038-000000-000040