$20,000
SOLD NOV 14, 2012

7 Gray Ave Waterville, ME 04901

-- Bed
2 Baths
1,768 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

64% Below List Price

187 Days on Market

Highlights

  • Nearby Water Access
  • Cape Cod Architecture
  • Main Floor Bedroom
  • The property is located in a historic district
  • Wood Flooring
  • No HOA

About This Home

As of May 2016

Attention investors! Great 2-family! 1st flr needs some updates but has wood flrs, charming period wood work & lots of rooms. 2nd flr rented w/long time tenant. Consider owner occupied & let the rent pay the mortage!

Last Agent to Sell the Property

Shelley Wehry

Century 21 Nason Realty

Last Buyer's Agent

Shelley Wehry

Century 21 Nason Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Asbestos Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,768 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • The property is located in a historic district

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 230
  • Assessor Parcel Number 7Gray AvenueWatervil39230

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Water St. to Gray St. left on Gray Ave first home on left. see sign.
  • Above Grade Finished Sq Ft: 1768.0
  • Architectural Style: Cape
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1768.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Location:Historic District: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Equipment:Cable: Yes
  • Exterior:Asbestos: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Historic District, Neighborhood
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 7Gray AvenueWatervil39230
  • Zoning: 2 fam MDL-01

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 894.0
  • Tax Book Number: 1049
  • Tax Lot: 230
  • Tax Map Number: 39
  • Tax Year: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2014
Closed on
May 16, 2016
Sold by
Stjohn Ann E
Bought by
Robie Douglas J
Seller's Agent
Jill Huard
Summit Real Estate
Buyer's Agent
Alice Burrill
Surette Real Estate
List Price
$39,000
Sold Price
$25,000
Premium/Discount to List
-$14,000
-35.9%
Total Days on Market
187
Current Estimated Value
$136,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,247
Avg. Annual Appreciation
20.19%

Purchase Details

Listed on
Apr 13, 2012
Closed on
Nov 16, 2012
Sold by
Skowhegan Savings Bank
Bought by
Stjohn Ann E
Seller's Agent
Shelley Wehry
Century 21 Nason Realty
Buyer's Agent
Shelley Wehry
Century 21 Nason Realty
List Price
$55,000
Sold Price
$20,000
Premium/Discount to List
-$35,000
-63.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Dec 7, 2011
Sold by
Skowhegan Savings Bank
Bought by
Skowhegan Savings Bank

Purchase Details

Closed on
Oct 17, 2006
Sold by
Ireland Leonette A and Ireland Don R
Bought by
Pooley Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,325
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Map

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 Type Sale Price Title Company
Not Resolvable -- --
Not Resolvable -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,325 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $25,000 -35.9% $14 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
09/19/2014 09/19/14 For Sale $39,000 +95.0% $22 / Sq Ft
11/14/2012 11/14/12 Sold $20,000 -63.6% $11 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $55,000 -- $31 / 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
2024 $1,126 $56,300 $7,000 $49,300
2023 $1,120 $56,300 $7,000 $49,300
2022 $755 $29,200 $5,300 $23,900
2021 $745 $29,200 $5,300 $23,900
2020 $752 $29,200 $5,300 $23,900
2019 $752 $29,200 $5,300 $23,900
2018 $738 $29,200 $5,300 $23,900
2017 $681 $29,200 $5,300 $23,900
2016 $666 $29,200 $5,300 $23,900
2015 $1,009 $36,300 $6,100 $30,200
2014 $995 $36,300 $6,100 $30,200
2013 $995 $36,300 $6,100 $30,200
Source: Public Records

Source: Maine Listings

MLS Number: 1049197

Maine Listings

APN: WAVL-000039-000000-000230