NOT LISTED FOR SALE

43 Silver St Waterville, ME 04901

Estimated Value: $237,000 - $311,000

5 Beds
3 Baths
2,108 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $279,000 $132 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,712/month

8 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bathtub
  • Main Floor Bedroom
  • Porch
  • Tandem Parking

About This Home

As of August 2023

Nicely maintained 3 unit multi-family featuring one 1 br unit and two 2 br units. Great location in walking distance to all of downtown Waterville. With 2 driveways, a nice front porch, and good income from long term tenants in the rental units this is a great opportunity for owner occupancy or investment.

Last Agent to Sell the Property

Gregg Perkins

Affiliated Realty Listed on: 07/15/2023

Last Buyer's Agent

Katie McAllister

McAllister Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Seasonal Access to Property
  • Level Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,108 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Parking

  • Tandem Parking
  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Cable TV Available

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number WAVL-000044-000000-000151

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $14,000
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,528

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • MLS Status: Closed
  • Directions: Property next door to Pine Tree Cellular
  • Above Grade Finished Sq Ft: 2108.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 141.84
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2108.0
  • Property Information:Garage: No
  • Site:Level: 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: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
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 33600.0
  • Income Expenses Operating Expenses: 14000.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Building Info:_pound_ Floors3: 25
  • Parking:Tandem2: Yes
  • Advertising Remarks:Advertising Remarks: Nicely maintained 3 unit multi-family featuring one 1 br unit and two 2 br units. Great location in walking distance to all of downtown Waterville. With 2 driveways, a nice front porch, and good income from long term tenants in the rental units this is a great opportunity for owner occupancy or investment.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Other, Shower
  • Stories: 25
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Tandem

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: WAVL-000044-000000-000151
  • Zoning: CA

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 14000.0

Tax Info

  • Tax Annual Amount: 2528.0
  • Tax Lot: 151
  • Tax Year: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Aug 22, 2023
Sold by
Mgh Realty Company Llc
Bought by
Cota Raymond J
Seller's Agent
Gregg Perkins
Affiliated Realty
Buyer's Agent
Katie McAllister
McAllister Real Estate
List Price
$299,000
Sold Price
$279,000
Premium/Discount to List
-$20,000
-6.69%
Current Estimated Value
$275,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,333
Avg. Annual Appreciation
-0.50%
Original Mortgage
$209,250
Outstanding Balance
$204,213
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,454

Purchase Details

Closed on
Apr 28, 2016
Sold by
Butler Whittier Realty
Bought by
Mgh Realty Co Llc
Source: Public Records
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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
Cota Raymond J -- None Available
Mgh Realty Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cota Raymond J $209,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $279,000 -6.7% $132 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $299,000 -- $142 / 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 $3,356 $197,400 $17,100 $180,300
2024 $3,604 $180,200 $32,900 $147,300
2023 $3,586 $180,200 $32,900 $147,300
2022 $2,528 $97,800 $24,800 $73,000
2021 $2,494 $97,800 $24,800 $73,000
2020 $2,519 $97,800 $24,800 $73,000
2019 $2,519 $97,800 $24,800 $73,000
2018 $2,471 $97,800 $24,800 $73,000
2017 $2,282 $97,800 $24,800 $73,000
2016 $2,230 $97,800 $24,800 $73,000
2015 $2,610 $93,900 $20,900 $73,000
2014 $2,573 $93,900 $20,900 $73,000
2013 $2,573 $93,900 $20,900 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1565430

Maine Listings

APN: WAVL-000044-000000-000151