NOT LISTED FOR SALE

84 Front St Waterville, ME 04901

Estimated Value: $125,000 - $247,000

5 Beds
3 Baths
2,855 Sq Ft
$60/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $119,000 $42 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,089/month

3 Days on Market

Highlights

  • New Englander Architecture
  • 1 Car Attached Garage
  • Baseboard Heating
  • No HOA
  • Zoned Heating
  • Asbestos

About This Home

As of December 2023

Investors take notice! Good income producing 3 unit building, needs some work, but fully rented. Convenient location near River Walk and downtown.

Last Agent to Sell the Property

Alice MacKenzie

Coldwell Banker Plourde Real Estate Listed on: 06/15/2023

Coldwell Banker Plourde Real Estate

Last Buyer's Agent

Renee Roy

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

  • $1,368

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 2,855 Sq Ft Home
  • 3-Story Property

Flooring

  • Laminate
  • Vinyl

Unfinished Basement

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

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 354
  • Assessor Parcel Number WAVL-000048-000000-000354

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $10,542
  • Gross Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,368

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Union Street, left onto Front Street. Property is on the left.
  • Above Grade Finished Sq Ft: 2855.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2855.0
  • Property Information:Garage: Yes
  • 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
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 1.0
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 30600.0
  • Income Expenses Operating Expenses: 10542.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Exterior:Asbestos: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Wood Siding, Asbestos, Wood Frame
  • Foundation Details: Granite, Brick/Mortar
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: WAVL-000048-000000-000354
  • Zoning: CA

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 30600.0
  • Annual Operating Expense: 10542.0

Tax Info

  • Tax Annual Amount: 1368.0
  • Tax Book Number: 14428
  • Tax Lot: 354
  • Tax Map Number: 48
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2007
Sold by
Soucy Clarence J
Bought by
Szeto Hung
Current Estimated Value
$172,529

Purchase Details

Closed on
May 12, 2005
Sold by
Soucy Lester A and Soucy Margaret F
Bought by
Szeto Hung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Outstanding Balance
$44,124
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$128,405
Source: Public Records

Range of Values:

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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
Szeto Hung -- --
Szeto Hung -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szeto Hung $89,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2023 12/05/23 Sold $119,000 -4.8% $42 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $125,000 -- $44 / 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 $2,082 $104,100 $7,100 $97,000
2023 $2,072 $104,100 $7,100 $97,000
2022 $1,367 $52,900 $5,300 $47,600
2021 $1,349 $52,900 $5,300 $47,600
2020 $1,363 $52,900 $5,300 $47,600
2019 $1,363 $52,900 $5,300 $47,600
2018 $1,337 $52,900 $5,300 $47,600
2017 $1,234 $52,900 $5,300 $47,600
2016 $1,206 $52,900 $5,300 $47,600
2015 $1,109 $39,900 $6,100 $33,800
2014 $1,093 $39,900 $6,100 $33,800
2013 $1,093 $39,900 $6,100 $33,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1562281

Maine Listings

APN: WAVL-000048-000000-000354