NOT LISTED FOR SALE

8 High St Waterville, ME 04901

Estimated Value: $150,375 - $200,000

5 Beds
3 Baths
2,214 Sq Ft
$75/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $132,000 $60 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,155/month

14 Days on Market

Highlights

  • New Englander Architecture
  • Hot Water Heating System
  • Carpet
  • No HOA
  • Level Lot

About This Home

As of September 2023

Investors take notice, 3 unit multi-family building in Waterville close to town.

Last Agent to Sell the Property

brianna mannisto-shuck

Integrity Homes Real Estate Group, PC Listed on: 07/20/2023

Last Buyer's Agent

Christie Gravel

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,996

Year Built

  • Built in 1938

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,214 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 09
  • Assessor Parcel Number WAVL-000058-000000-000009

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,196
  • Gross Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,996

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2214.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1938
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2214.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 21900.0
  • Income Expenses Operating Expenses: 11196.0
  • Style:Multi-Level: Yes
  • Driveway:Gravel: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • 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: 8712.0
  • Parcel #: WAVL-000058-000000-000009
  • Zoning: RB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 21900.0
  • Annual Operating Expense: 11196.0

Tax Info

  • Tax Annual Amount: 1996.0
  • Tax Book Number: 14478
  • Tax Lot: 09
  • Tax Map Number: 58
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 6, 2023
Sold by
Barbosa Properties Llc
Bought by
Costello James J and Costello Lindsay
Seller's Agent
brianna mannisto-shuck
Integrity Homes Real Estate Group, PC
Buyer's Agent
Christie Gravel
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$165,000
Sold Price
$132,000
Premium/Discount to List
-$33,000
-20%
Current Estimated Value
$167,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,094
Avg. Annual Appreciation
13.40%
Original Mortgage
$105,600
Outstanding Balance
$103,803
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$65,530

Purchase Details

Closed on
May 13, 2022
Sold by
Galarza Clery J
Bought by
Barbosa Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 18, 2018
Closed on
Feb 26, 2019
Sold by
229 Sewall Street Llc
Bought by
Galarza Clery J
Seller's Agent
Kim Moxcey
Century 21 Nason Realty
Buyer's Agent
Shelly Kilmer
Brookewood Realty
List Price
$87,500
Sold Price
$80,000
Premium/Discount to List
-$7,500
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$64,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2017
Sold by
8 High Street Rt and Plummer
Bought by
229 Sewall Street Llc

Purchase Details

Closed on
Dec 2, 2005
Sold by
Plummer Mark
Bought by
8 High Street Rt and Plummer

Purchase Details

Closed on
Apr 19, 2005
Sold by
Tran Thoai T and Tran Le T
Bought by
Plummer Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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
Costello James J -- None Available
Barbosa Properties Llc -- None Available
Galarza Clery J -- --
229 Sewall Street Llc -- --
8 High Street Rt -- --
Plummer Mark C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello James J $105,600
Previous Owner Barbosa Properties Llc $297,000
Previous Owner Galarza Clery J $64,000
Previous Owner Plummer Mark C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $132,000 -20.0% $60 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $165,000 +106.3% $75 / Sq Ft
02/26/2019 02/26/19 Sold $80,000 -8.6% $36 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
09/18/2018 09/18/18 For Sale $87,500 -- $40 / 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 $2,964 $148,200 $11,000 $137,200
2023 $2,949 $148,200 $11,000 $137,200
2022 $1,996 $77,200 $8,200 $69,000
2021 $1,969 $77,200 $8,200 $69,000
2020 $1,989 $77,200 $8,200 $69,000
2019 $1,989 $77,200 $8,200 $69,000
2018 $1,951 $77,200 $8,200 $69,000
2017 $1,801 $77,200 $8,200 $69,000
2016 $1,760 $77,200 $8,200 $69,000
2015 $1,649 $59,300 $9,400 $49,900
2014 $1,625 $59,300 $9,400 $49,900
2013 $1,625 $59,300 $9,400 $49,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1565994

Maine Listings

APN: WAVL-000058-000000-000009