NOT LISTED FOR SALE

4 Spring St Waterville, ME 04901

Estimated Value: $261,974 - $282,000

3 Beds
2 Baths
2,476 Sq Ft
$109/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $260,000 $105 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,701/month

47 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Level Lot
  • No HOA
  • Asbestos

About This Home

As of April 2024

Well maintained and fully occupied duplex located just off Downtown. The property boasts bright, spacious units, with hardwood flooring. Recent updates include 2 new wall mounted natural gas boilers, on demand HW heater, and coin op laundry.

Last Agent to Sell the Property

Matt Boulerice

New England Realty Group LLC Listed on: 02/16/2024

Last Buyer's Agent

Michael Webster

Downeast Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • 2,476 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Asbestos Siding
  • Asbestos

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Gas Water Heater
  • Water Heated On Demand

Additional Features

  • 2 Full Bathrooms
  • City Lot

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number WAVL-000044-000000-000154

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,729
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,164

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2476.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2476.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 30000.0
  • Income Expenses Operating Expenses: 11729.0
  • Style:Duplex: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Asbestos: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Common, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Heater
  • 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: 4356.0
  • Parcel #: WAVL-000044-000000-000154
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30000.0
  • Annual Operating Expense: 11729.0

Tax Info

  • Tax Annual Amount: 3164.0
  • Tax Book Number: 13912
  • Tax Lot: 155
  • Tax Map Number: 44
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 4, 2024
Sold by
Lillian Grace Llc
Bought by
Sangillo Amanda
Seller's Agent
Matt Boulerice
New England Realty Group LLC
Buyer's Agent
Michael Webster
Downeast Realty, Inc.
List Price
$264,900
Sold Price
$260,000
Premium/Discount to List
-$4,900
-1.85%
Total Days on Market
47
Current Estimated Value
$270,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,494
Avg. Annual Appreciation
2.95%
Original Mortgage
$247,000
Outstanding Balance
$244,442
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$24,643

Purchase Details

Listed on
Oct 6, 2020
Closed on
Feb 26, 2021
Sold by
Klem Investments Llc
Bought by
Lillian Grace Llc
Seller's Agent
Francois Rodrigue
Keller Williams Realty
Buyer's Agent
Matt Boulerice
New England Realty Group LLC
List Price
$169,900
Sold Price
$220,000
Premium/Discount to List
$50,100
29.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$475,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2018
Sold by
Warren Constance E
Bought by
Constance Warren Ret and Warren
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
Sangillo Amanda $260,000 None Available
Sangillo Amanda $260,000 None Available
Lillian Grace Llc -- None Available
Lillian Grace Llc -- None Available
Constance Warren Ret -- --
Constance Warren Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sangillo Amanda $247,000
Closed Sangillo Amanda $247,000
Previous Owner Lillian Grace Llc $150,000
Previous Owner Lillian Grace Llc $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $260,000 -1.8% $105 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $264,900 +20.4% $107 / Sq Ft
03/24/2021 03/24/21 Sold $220,000 +29.5% $89 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $169,900 -- $69 / 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 $3,180 $159,000 $9,900 $149,100
2023 $3,164 $159,000 $9,900 $149,100
2022 $2,081 $80,500 $7,500 $73,000
2021 $2,053 $80,500 $7,500 $73,000
2020 $2,074 $80,500 $7,500 $73,000
2019 $2,074 $80,500 $7,500 $73,000
2018 $2,034 $80,500 $7,500 $73,000
2017 $1,878 $80,500 $7,500 $73,000
2016 $1,835 $80,500 $7,500 $73,000
2015 $1,471 $52,900 $8,600 $44,300
2014 $1,449 $52,900 $8,600 $44,300
2013 $1,449 $52,900 $8,600 $44,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1582412

Maine Listings

APN: WAVL-000044-000000-000154