NOT LISTED FOR SALE

65 Summer St Waterville, ME 04901

Estimated Value: $162,000 - $201,000

5 Beds
3 Baths
3,567 Sq Ft
$52/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $110,000 $31 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,351/month

Highlights

  • Wood Flooring
  • Porch
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

As of October 2021

3 unit

Last Listed By

Pam Libby

NextHome Experience Listed on: 10/07/2021

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,396

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 290
  • Assessor Parcel Number WAVL-000038-000000-000290

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,901
  • Gross Income $28,428

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,396

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2983
  • Co List Office Phone: 207-573-7400
  • MLS Status: Closed
  • Directions: GPS is accurate.
  • Above Grade Finished Sq Ft: 2378.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1949
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2378.0
  • Property Information:SqFt Finished Below Grade: 1189.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: 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:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 28428.0
  • Income Expenses Operating Expenses: 12901.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 1189.0
  • Flooring: Wood, Vinyl
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 6969.6
  • Parcel #: WAVL-000038-000000-000290
  • Zoning: RB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28428.0
  • Annual Operating Expense: 12901.0

Tax Info

  • Tax Annual Amount: 2396.0
  • Tax Book Number: 8935
  • Tax Lot: 290
  • Tax Map Number: 38
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Oct 29, 2021
Sold by
Hutchinson Bruce G and Hutchinson Caroline E
Bought by
Waterville Rental Llc
Seller's Agent
Pam Libby
NextHome Experience
Buyer's Agent
Pam Libby
NextHome Experience
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,000
Avg. Annual Appreciation
22.09%

Purchase Details

Closed on
Jun 12, 2006
Sold by
Boucher April M and Boucher Kent A
Bought by
Hutchinson Caroline E and Hutchinson Bruce G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,855
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
Teel Billy R
Bought by
Hutchinson Caroline and Hutchinson Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,855
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Waterville Rental Llc -- None Available
Hutchinson Caroline E -- --
Hutchinson Caroline -- --
Hutchinson Caroline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterville Rental Llc $270,000
Previous Owner Hutchinson Caroline E $114,855
Previous Owner Boucher April M $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $110,000 0.0% $31 / Sq Ft
10/07/2021 10/07/21 For Sale $110,000 -- $31 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
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 $3,664 $183,200 $10,700 $172,500
2023 $3,646 $183,200 $10,700 $172,500
2022 $2,404 $93,000 $8,000 $85,000
2021 $2,372 $93,000 $8,000 $85,000
2020 $2,396 $93,000 $8,000 $85,000
2019 $2,396 $93,000 $8,000 $85,000
2018 $2,350 $93,000 $8,000 $85,000
2017 $2,170 $93,000 $8,000 $85,000
2016 $2,120 $93,000 $8,000 $85,000
2015 $2,616 $94,100 $12,500 $81,600
2014 $2,578 $94,100 $12,500 $81,600
2013 $2,578 $94,100 $12,500 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1511318

Maine Listings

APN: WAVL-000038-000000-000290