NOT LISTED FOR SALE

73 Summer St Waterville, ME 04901

Estimated Value: $201,341 - $273,000

5 Beds
2 Baths
2,713 Sq Ft
$84/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $159,900 $59 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,514/month

6 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • No HOA
  • New Englander Architecture
  • Attic
  • Storm Windows

About This Home

As of July 2021

Nicely kept large owner occupied two unit
Big yard, Garage, many updates, with new tenants there is a good potential for positive cash flow! Come see the possibilities!

Last Agent to Sell the Property

Francois Rodrigue

Keller Williams Realty Listed on: 05/03/2021

Keller Williams Realty

Last Buyer's Agent

Kyle Clabby

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,205

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Fiberglass Roof
  • Asbestos Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,713 Sq Ft Home
  • 2-Story Property
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • City Lot

Listing and Financial Details

  • Tax Lot 288
  • Assessor Parcel Number WAVL-000038-000000-000288

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,380
  • Gross Income $7,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,205

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: 0
  • Directions: Summer St on the right towards Grove St
  • Above Grade Finished Sq Ft: 2713.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Efficiency: Tankless Water Heater, Storm Windows, Storm Doors
  • Building Stories: 2
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2713.0
  • Property Information:Garage: Yes
  • 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:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: 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: 7460.0
  • Income Expenses Operating Expenses: 7380.0
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Water Info:Island3: No
  • Exterior:Asbestos: Yes
  • Style:New Englander: Yes
  • Roof:Fiberglass: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Energy Efficiency:Storm Windows: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Fiberglass, Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Forced Air, 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

Schools

  • Junior High Dist: Waterville Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: WAVL-000038-000000-000288
  • Zoning: residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 7460.0
  • Annual Operating Expense: 7380.0

Tax Info

  • Tax Annual Amount: 2205.0
  • Tax Block: 0
  • Tax Book Number: 11044
  • Tax Lot: 288
  • Tax Map Number: 38
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jul 2, 2021
Sold by
Bushaw Jason V and Bushaw Tina L
Bought by
Cullen Jason R and Cullen Kimberly A
Seller's Agent
Francois Rodrigue
Keller Williams Realty
Buyer's Agent
Kyle Clabby
Keller Williams Realty
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$227,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,685
Avg. Annual Appreciation
8.50%
Original Mortgage
$119,925
Outstanding Balance
$109,519
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,158

Purchase Details

Closed on
Sep 2, 2020
Sold by
Bushaw Jason V
Bought by
Bushaw Jason V and Bushaw Tina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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
Cullen Jason R -- None Available
Cullen Jason R -- None Available
Bushaw Jason V -- None Available
Bushaw Jason V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullen Jason R $119,925
Closed Cullen Jason R $119,925
Previous Owner Bushaw Jason V $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $159,900 0.0% $59 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $159,900 +166.5% $59 / Sq Ft
05/18/2012 05/18/12 Sold $60,000 -18.8% $22 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
05/11/2011 05/11/11 For Sale $73,900 -- $27 / 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 $3,316 $165,800 $11,300 $154,500
2023 $3,299 $165,800 $11,300 $154,500
2022 $2,213 $85,600 $8,500 $77,100
2021 $2,183 $85,600 $8,500 $77,100
2020 $2,205 $85,600 $8,500 $77,100
2019 $2,205 $85,600 $8,500 $77,100
2018 $2,163 $85,600 $8,500 $77,100
2017 $1,997 $85,600 $8,500 $77,100
2016 $1,952 $85,600 $8,500 $77,100
2015 $2,066 $74,300 $13,300 $61,000
2014 $2,036 $74,300 $13,300 $61,000
2013 $2,036 $74,300 $13,300 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1490006

Maine Listings

APN: WAVL-000038-000000-000288