8 Summer St Waterville, ME 04901
Estimated payment $2,042/month
Highlights
- Deck
- No HOA
- Porch
- New Englander Architecture
- 1 Car Detached Garage
- Double Pane Windows
About This Home
BACK ON THE MARKET AT NO FAULT OF ITS OWN!! Buyers financing fell through- now's your chance!! If you're looking for a turn key investment this is the property for you. This 3 unit has been renovated inside and out and is ready for its new owner to pick their perfect tenants and enjoy a passive income. This property boasts tall ceilings, spacious units, great decks and a large yard with plenty of room for each tenant to have their own space and parking. There is a small garage as well.
The updates include a new roof, heat system, siding, windows, flooring, paint, fixtures, bathrooms and kitchens as well as all new plumbing.
Right in town close to shops, restaurants, parks, hospitals and Colby College!
Come see if this may be the right fit for your portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,278
Year Built
- Built in 1900
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
Parking
- 1 Car Detached Garage
- Gravel Driveway
- Off-Street Parking
Home Design
- New Englander Architecture
- Brick Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 2,534 Sq Ft Home
- Double Pane Windows
- Laminate Flooring
- Storm Doors
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Interior and Exterior Basement Entry
- Dirt Floor
Outdoor Features
- Deck
- Porch
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Electric Water Heater
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Tax Lot 240
- Assessor Parcel Number WAVL-000044-000000-000240
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,278 | $113,900 | $11,200 | $102,700 |
| 2023 | $2,239 | $112,500 | $11,200 | $101,300 |
| 2022 | $1,528 | $59,100 | $8,400 | $50,700 |
| 2021 | $1,507 | $59,100 | $8,400 | $50,700 |
| 2020 | $1,522 | $59,100 | $8,400 | $50,700 |
| 2019 | $1,522 | $59,100 | $8,400 | $50,700 |
| 2018 | $1,493 | $59,100 | $8,400 | $50,700 |
| 2017 | $1,379 | $59,100 | $8,400 | $50,700 |
| 2016 | $1,347 | $59,100 | $8,400 | $50,700 |
| 2015 | $1,712 | $61,600 | $9,600 | $52,000 |
| 2014 | $1,688 | $61,600 | $9,600 | $52,000 |
| 2013 | $1,688 | $61,600 | $9,600 | $52,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2025 08/10/25 | Price Changed | $339,900 | -2.9% | $134 / Sq Ft |
| 08/01/2025 08/01/25 | For Sale | $349,900 | 0.0% | $138 / Sq Ft |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 06/02/2025 06/02/25 | For Sale | $349,900 | +191.6% | $138 / Sq Ft |
| 05/13/2024 05/13/24 | Sold | $120,000 | -14.2% | $47 / Sq Ft |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 03/29/2024 03/29/24 | For Sale | $139,900 | -- | $55 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Not Resolvable | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | Purchase Money Mortgage | |
| Closed | $225,000 | Purchase Money Mortgage | |
| Previous Owner | $245,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $50,400 | Purchase Money Mortgage | |
| Previous Owner | $81,340 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $34,860 | Unknown |
Source: Maine Listings
MLS Number: 1624766
APN: WAVL-000044-000000-000240
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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