$191,500
SOLD JUN 27, 2025

39 King St Waterville, ME 04901

-- Bed
3 Baths
2,798 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

4% Above List Price

Highlights

  • Cape Cod Architecture
  • Baseboard Heating
  • Level Lot
  • No HOA
  • Property is near golf course
  • Carpet

About This Home

As of June 2025

Attention investors and owner-occupants! This well-maintained 3-unit multi-family property offers both steady rental income history and future appreciation potential. 39 King Street has many options, live in one unit or rent out all three to maximize your investment! Many updates over the years, including a renovated basement unit and a new water heater!

Located in town Waterville, this prime location is convenient to the downtown area with easy access to shopping, dinning and more!

25 minutes to Augusta, 1 hour to Bangor

Last Agent to Sell the Property

Victoria Peppard

Your Home Sold Guaranteed Realty Listed on: 07/01/2025

Last Buyer's Agent

Hiedi Laliberte

Your Home Sold Guaranteed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • Multi-Level Property

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Location

  • Property is near golf course
  • 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

  • Exclusions: second floor washer and dryer
  • Tax Lot 81
  • Assessor Parcel Number WAVL-000039-000000-000081

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $10,263
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,616

Year Built

Built in 1930

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2131.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 86.81
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2131.0
  • Property Information:SqFt Finished Below Grade: 667.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 30000.0
  • Income Expenses Operating Expenses: 10263.0
  • Parking:On Site2: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Advertising Remarks:Advertising Remarks: Attention investors and owner-occupants! This well-maintained 3-unit multi-family property offers both steady rental income history and future appreciation potential. 39 King Street has many options, live in one unit or rent out all three to maximize your investment! Many updates over the years, including a renovated basement unit and a new water heater! Located in town Waterville, this prime location is convenient to the downtown area with easy access to shopping, dinning and more! 25 minutes to Augusta, 1 hour to Bangor
  • Property Information 2 Detached Houses on 1 Lot: No
  • Style:Cape Cod: Yes
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Walk-Out Access, Finished, Partial, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 667.0
  • Flooring: Vinyl, Laminate, Carpet

Exterior Features

  • Lot Features: Open, Level, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Exclusions: second floor washer and dryer
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: WAVL-000039-000000-000081
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 30000.0
  • Annual Operating Expense: 10263.0

Tax Info

  • Tax Annual Amount: 1616.0
  • Tax Lot: 81
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2025
Closed on
Jun 27, 2025
Sold by
Ruiz Michelle
Bought by
Mitchell Dylan
Seller's Agent
Victoria Peppard
Your Home Sold Guaranteed Realty
Buyer's Agent
Hiedi Laliberte
Your Home Sold Guaranteed Realty
List Price
$185,000
Sold Price
$191,500
Premium/Discount to List
$6,500
3.51%
Current Estimated Value
$196,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,556
Avg. Annual Appreciation
-5.80%
Original Mortgage
$188,030
Outstanding Balance
$187,385
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
-$4,162

Purchase Details

Closed on
May 18, 2021
Sold by
Watson Michelle R
Bought by
Ruiz Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,180
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2006
Sold by
Butti William E and Butti Elaiune J
Bought by
Watson Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,999
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- Misc Company
Quit Claim Deed -- Misc Company
Quit Claim Deed -- Misc Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,030 FHA
Closed $188,030 FHA
Previous Owner $84,180 Purchase Money Mortgage
Previous Owner $94,999 Purchase Money Mortgage
Previous Owner $25,001 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 For Sale $185,000 -3.4% $66 / Sq Ft
06/27/2025 06/27/25 Sold $191,500 -- $68 / Sq Ft
Source: Maine Listings

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 $2,242 $131,900 $9,900 $122,000
2024 $1,616 $80,800 $7,600 $73,200
2023 $1,608 $80,800 $7,600 $73,200
2022 $1,093 $42,300 $5,700 $36,600
2021 $1,079 $42,300 $5,700 $36,600
2020 $1,090 $42,300 $5,700 $36,600
2019 $1,090 $42,300 $5,700 $36,600
2018 $1,069 $42,300 $5,700 $36,600
2017 $987 $42,300 $5,700 $36,600
2016 $964 $42,300 $5,700 $36,600
2015 $1,462 $52,600 $6,600 $46,000
2014 $1,441 $52,600 $6,600 $46,000
2013 $1,441 $52,600 $6,600 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1628762

Maine Listings

APN: WAVL-000039-000000-000081

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