NOT LISTED FOR SALE

39 King St Waterville, ME 04901

Estimated Value: $182,000 - $190,000

3 Beds
3 Baths
2,798 Sq Ft
$67/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2025

Last sale price $191,500 $68 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,184 / mo

Highlights

  • Cape Cod Architecture
  • Property is near golf course and shops
  • Carpet
  • No HOA
  • Baseboard Heating

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

Listings Direct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts a freeway

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 3 Full Bathrooms
  • Multi-Level Property
  • Exterior Basement Entry

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Location

  • Property is near golf course and shops

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

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
  • Contract Information:List PriceSqFt: 86.81
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Exterior Entry
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 667.0
  • Flooring: Carpet, Laminate, Vinyl, Linoleum

Exterior Features

  • Waterfront: No
  • Exclusions: second floor washer and dryer
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water
  • 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
Listings Direct
List Price
$185,000
Sold Price
$191,500
Premium/Discount to List
$6,500
3.51%
Current Estimated Value
$186,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,716
Avg. Annual Appreciation
-2.89%
Original Mortgage
$188,030
Outstanding Balance
$187,385
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
-$601

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:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Mitchell Dylan -- None Available
Mitchell Dylan -- None Available
Mitchell Dylan -- None Available
Ruiz Michelle -- Misc Company
Ruiz Michelle -- Misc Company
Ruiz Michelle -- Misc Company
Watson Michelle R -- --
Watson Michelle R -- --
Watson Michelle R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Dylan $188,030
Closed Mitchell Dylan $188,030
Previous Owner Ruiz Michelle $84,180
Previous Owner Watson Michelle R $94,999
Previous Owner Watson Michelle R $25,001
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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