NOT LISTED FOR SALE

5 Summer St Waterville, ME 04901

Estimated Value: $170,415

5 Beds
2 Baths
2,800 Sq Ft
$61/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $67,500 $24 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,178/month

61 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • Double Pane Windows
  • No HOA
  • 2 Car Detached Garage
  • Zoned Heating

About This Home

As of November 2018

Very spacious rooms highlight this money making 2-unit within walking distance to active downtown area with shops, dining, and entertainment. Nice wood floors, always easy to rent, pleasant backyard.

Last Listed By

Jeffrey Jolicoeur

EXP Realty Brokerage Email: office@surette-realestate.com Listed on: 07/17/2018

EXP Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,800 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Screened Porch

Flooring

  • Wood
  • Vinyl

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 233
  • Assessor Parcel Number WAVL-000044-000000-000233

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Community Storage Space
  • Gross Income $18,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Silver Street to Redington Street. Left onto Summer Street. 4th building on left.
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Building Stories: 2
  • Year Built: 1923
  • Attribution Contact: office@surette-realestate.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.28
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2800.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 18480.0
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Double Pane Windows: Yes
  • Exterior:Aluminum Siding: Yes
  • Building Info:_pound_ Floors3: 2
  • Patio and Porch Features:Porch-Screened: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Detached

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: 12196.8
  • Parcel #: WAVL-000044-000000-000233
  • Zoning: RD

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18480.0

Tax Info

  • Tax Annual Amount: 1705.0
  • Tax Book Number: 7978
  • Tax Lot: 233
  • Tax Map Number: 44
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Nov 21, 2018
Sold by
Crowell Michael A
Bought by
Hometown Housing Llc
Seller's Agent
Jeffrey Jolicoeur
EXP Realty
Buyer's Agent
Patrick Matheson
Keller Williams Realty
List Price
$73,900
Sold Price
$67,500
Premium/Discount to List
-$6,400
-8.66%
Total Days on Market
61
Current Estimated Value
$170,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,915
Avg. Annual Appreciation
13.94%
Original Mortgage
$57,375
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hometown Housing Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hometown Housing Llc $57,375
Closed Crowell Michael A $68,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $67,500 -8.7% $24 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $73,900 -- $26 / 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 $2,692 $134,600 $11,500 $123,100
2023 $2,679 $134,600 $11,500 $123,100
2022 $1,778 $68,800 $8,700 $60,100
2021 $1,754 $68,800 $8,700 $60,100
2020 $1,772 $68,800 $8,700 $60,100
2019 $1,772 $68,800 $8,700 $60,100
2018 $1,706 $67,500 $8,700 $58,800
2017 $1,575 $67,500 $8,700 $58,800
2016 $1,539 $67,500 $8,700 $58,800
2015 $1,946 $70,000 $9,900 $60,100
2014 $1,918 $70,000 $9,900 $60,100
2013 $1,918 $70,000 $9,900 $60,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1360794

Maine Listings

APN: WAVL-000044-000000-000233