NOT LISTED FOR SALE

9 Lawrence St Waterville, ME 04901

Estimated Value: $156,000 - $251,126

5 Beds
3 Baths
1,863 Sq Ft
$117/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $69,000 $37 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $1,445/month

49 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Heating System Uses Propane
  • Victorian Architecture
  • Level Lot

About This Home

As of May 2017

Investors take notice fully occupied 3 unit income property. Good numbers newer metal roof 2014, close to down town, other updates.

Last Agent to Sell the Property

William Wentworth

Realty of Maine Listed on: 03/16/2017

Realty of Maine

Last Buyer's Agent

Tami Goodrich

The Maine Real Estate Network

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 3 Full Bathrooms
  • 1,863 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number WAVL-000048-000000-000078

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,940
  • Gross Income $24,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,544

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Elm Street to Western Ave. to Boothby St., right onto Lawerence. Home on left.
  • Above Grade Finished Sq Ft: 1863.0
  • Architectural Style: Victorian
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1863.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 3
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 24840.0
  • Income Expenses Operating Expenses: 12940.0
  • Parking:On Site2: Yes
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 1742.4
  • Parcel #: WAVL-000048-000000-000078
  • Zoning: RB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24840.0
  • Annual Operating Expense: 12940.0

Tax Info

  • Tax Annual Amount: 1544.0
  • Tax Book Number: 9847
  • Tax Lot: 78
  • Tax Map Number: 48
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
9 Lawrence Street Llc
Bought by
Otter Island Prop Llc
Total Days on Market
49
Current Estimated Value
$218,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$199,837
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$6,504

Purchase Details

Listed on
Mar 16, 2017
Closed on
May 18, 2017
Sold by
Mcelyea Peyton A
Bought by
9 Lawrence Street Llc
Seller's Agent
William Wentworth
Realty of Maine
Buyer's Agent
Tami Goodrich
The Maine Real Estate Network
List Price
$73,900
Sold Price
$69,000
Premium/Discount to List
-$4,900
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%

Purchase Details

Closed on
Oct 7, 2013
Sold by
Mcelyea Peyton
Bought by
Cyr Angel and Cyr Jeffrey

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%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2008
Sold by
Poirier Lorrie J and Poirier Normand L
Bought by
Mcelyea Peyton K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Otter Island Prop Llc $250,000 None Available
Otter Island Prop Llc $250,000 None Available
9 Lawrence Street Llc -- --
9 Lawrence Street Llc -- --
Cyr Angel -- --
Cyr Angel -- --
Mcelyea Peyton K -- --
Mcelyea Peyton K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otter Island Prop Llc $200,000
Closed Otter Island Prop Llc $200,000
Previous Owner Mcelyea Peyton $50,000
Previous Owner Mcelyea Peyton K $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2017 05/16/17 Sold $69,000 -6.6% $37 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $73,900 -- $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 $2,596 $129,800 $12,300 $117,500
2023 $2,583 $129,800 $12,300 $117,500
2022 $1,750 $67,700 $9,200 $58,500
2021 $1,726 $67,700 $9,200 $58,500
2020 $1,744 $67,700 $9,200 $58,500
2019 $1,744 $67,700 $9,200 $58,500
2018 $1,711 $67,700 $9,200 $58,500
2017 $1,579 $67,700 $9,200 $58,500
2016 $1,544 $67,700 $9,200 $58,500
2015 $1,529 $55,000 $10,600 $44,400
2014 $1,507 $55,000 $10,600 $44,400
2013 $1,507 $55,000 $10,600 $44,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1298140

Maine Listings

APN: WAVL-000048-000000-000078