NOT LISTED FOR SALE

338 Water St Hallowell, ME 04347

Estimated Value: $384,000 - $702,000

7 Beds
1 Bath
4,367 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $280,000 $64 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,367/month

69 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Bonus Room
  • 3 Car Detached Garage

About This Home

As of June 2022

There are so many possibilities with this beautiful property. It would make wonderful large home, a nice office building, or even has potential to be converted to a multi-family. Bring your ideas and some vision. The building has been used as a professional office building for many years, but it could easily be converted back into a gorgeous home by adding a kitchen (currently called a 1st floor bonus room (sitting area on plan)). This vintage 1850 historic Colonial retains much of its original charm and has some new features and updates like a new boiler in 2017 and a new roof in 2021. It has ample parking on both sides of the building, a 3-car garage, and there is plenty of additional storage space for your needs. The current owners started to convert it to an office for their business with 2 apartments. Please check the floor plan to see the space and layout. Don't wait, call today.

Last Agent to Sell the Property

Brian Rizzo

Rizzo Mattson Brokerage Phone: 207-622-9000 Listed on: 02/25/2022

Last Buyer's Agent

Danny Sullivan

Vallee Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,732

Year Built

  • Built in 1850

Lot Details

  • 0.66 Acre Lot
  • Open Lot
  • Property is zoned RB-1

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,367 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Dirt Floor

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Accessible Approach with Ramp
  • Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 338WaterStreetHallowell04347

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,732

Year Built

Built in 1850

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.66
  • MLS Status: Closed
  • Directions: From Augusta, go to Water Street in Hallowell towards Farmingdale. Property on left side of road across from Maple Street.
  • Above Grade Finished Sq Ft: 4367.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1850
  • Attribution Contact: 207-622-9000
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.66
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 4367.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: 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: 3.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Family Room:Family Room: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Dirt Floor, Partial, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Bedroom 5:Bedroom 5 Level: Second
  • Bedroom 6:Bedroom 6 Level: Second
  • Bedroom 7:Bedroom 7 Level: Second

Exterior Features

  • Lot Features: Open Lot, Near Shopping
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 11 - 20 Spaces, Paved, Detached

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, 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: 28749.6
  • Parcel #: 338WaterStreetHallowell04347
  • Zoning: RB-1

Tax Info

  • Tax Annual Amount: 5732.0
  • Tax Book Number: 14045
  • Tax Lot: 18
  • Tax Map Number: 16
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Jun 17, 2022
Sold by
Burkes Properties Llc
Bought by
Skillin Samantha A and Skillin Windy A
Seller's Agent
Brian Rizzo
Rizzo Mattson
Buyer's Agent
Danny Sullivan
Vallee Real Estate
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%
Current Estimated Value
$505,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,473
Avg. Annual Appreciation
20.27%
Original Mortgage
$240,000
Outstanding Balance
$229,007
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,466

Purchase Details

Closed on
Jun 11, 2021
Sold by
Lajeunesse Roger and Lajeunesse Linda M
Bought by
Burkes Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
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
Skillin Samantha A $280,000 None Available
Burkes Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skillin Samantha A $105,000
Open Skillin Samantha A $240,000
Previous Owner Burkes Properties Llc $172,000
Previous Owner Lajeunesse Lajeunesse L $220,000
Previous Owner Lajeunesse Linda $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $280,000 -13.8% $64 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $325,000 -- $74 / 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 $7,361 $369,900 $97,600 $272,300
2023 $6,203 $269,100 $71,000 $198,100
2022 $5,974 $269,100 $71,000 $198,100
2021 $5,732 $269,100 $71,000 $198,100
2020 $5,786 $269,100 $71,000 $198,100
2019 $5,732 $269,100 $71,000 $198,100
2018 $5,301 $269,100 $71,000 $198,100
2017 $5,301 $269,100 $71,000 $198,100
2016 $5,086 $269,100 $71,000 $198,100
2015 $4,736 $269,100 $71,000 $198,100
2014 $4,736 $269,100 $71,000 $198,100
2013 $4,602 $269,100 $71,000 $198,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1520471

Maine Listings

APN: HALL-000016-000000-000018