NOT LISTED FOR SALE

7 King St Waterville, ME 04901

Estimated Value: $139,000 - $156,000

4 Beds
2.5 Baths
1,937 Sq Ft
$77/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $97,000 $50 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $947/month

51 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

As of April 2021

Traditional duplex in the up-and-coming city of Waterville. Well maintained building in a convenient, intown location. Both units have their own front porches and the second unit has its own large deck out back. Ample space for off-street parking. This is an investment opportunity you won't want to miss.

Last Listed By

Ian Dixon

Keller Williams Realty Listed on: 12/29/2020

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $933

Year Built

  • Built in 1900

Lot Details

  • 4,792

Home Design

  • 1,937 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

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

Utilities

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

Additional Features

  • 4,792 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number WAVL-000039-000000-000094

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,800
  • Gross Income $18,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$933

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1937.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1937.0
  • Property Information:Garage: No
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 18240.0
  • Income Expenses Operating Expenses: 4800.0
  • Style:Duplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 4791.6
  • Parcel #: WAVL-000039-000000-000094
  • Zoning: rc

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18240.0
  • Annual Operating Expense: 4800.0

Tax Info

  • Tax Annual Amount: 933.0
  • Tax Book Number: 13141
  • Tax Lot: 94
  • Tax Map Number: 39
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2017
Sold by
Lizotte Ervin D and Lizotte Constance A
Bought by
Lizotte Ft
Total Days on Market
51
Current Estimated Value
$149,221

Purchase Details

Closed on
Jan 30, 2017
Sold by
Lizotte Constance A
Bought by
Lizotte Constance A and Lizotte Ervin D

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
Lizotte Ft -- --
Lizotte Constance A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $97,000 -15.7% $50 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $115,000 +82.5% $59 / Sq Ft
01/30/2019 01/30/19 Sold $63,000 -6.0% $33 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $67,000 -- $35 / 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 $1,386 $69,300 $7,400 $61,900
2023 $1,379 $69,300 $7,400 $61,900
2022 $936 $36,200 $5,600 $30,600
2021 $923 $36,200 $5,600 $30,600
2020 $933 $36,200 $5,600 $30,600
2019 $933 $36,200 $5,600 $30,600
2018 $915 $36,200 $5,600 $30,600
2017 $845 $36,200 $5,600 $30,600
2016 $825 $36,200 $5,600 $30,600
2015 $1,423 $51,200 $6,100 $45,100
2014 $1,403 $51,200 $6,100 $45,100
2013 $1,403 $51,200 $6,100 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1478803

Maine Listings

APN: WAVL-000039-000000-000094