NOT LISTED FOR SALE

921 Valley Rd Waterford, ME 04088

Estimated Value: $210,760

-- Bed
4 Baths
2,500 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $190,000 $76 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,435/month

13 Days on Market

Highlights

  • Barn
  • River Nearby
  • Wood Flooring
  • River Front
  • Deck
  • Farmhouse Style Home

About This Home

As of November 2023

Unlimited Potential!
Nestled in picturesque Waterford, this remarkable property is a canvas of unlimited potential. Whether you're an investor seeking lucrative income streams or a homeowner looking to embrace the charm of the region in an antique property, this property offers an array of possibilities. With its unique character, sprawling two-story barn, and river nearby, you're invited to explore the endless opportunities it presents. This property is ideal for anyone looking to generate income. With its layout comprising 4 apartments, you have the flexibility to maximize returns. Each unit has is metered separately. This property could also make a charming bed & breakfast. The barn measures an impressive 70x40 feet and is ready for your creative vision. River views are possible with some landscaping maintenance in the rear of the property, trails nearby. 921 Valley Road is ideally situated for a relaxing drive to popular destinations, including the White Mountains and the Oxford Casino. Whether you seek outdoor adventures or entertainment, you're just a short distance away. Whether you're envisioning a thriving income property or a tranquil retreat, the unlimited potential of this property is yours to explore. SOLD AS IS

Last Agent to Sell the Property

Julie Chin

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 09/29/2023

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Tiffany Pastore

Maine Real Estate Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,891

Year Built

  • Built in 1904

Lot Details

  • 2.1 Acre Lot
  • River Front
  • Level Lot
  • Open Lot

Home Design

  • 2,500 Sq Ft Home
  • Farmhouse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding
  • Aluminum Siding
  • Clapboard

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • River Nearby
  • Deck
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Private Sewer

Additional Features

  • 4 Full Bathrooms
  • Barn

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number WATD-000075-000000-000006

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $5,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,891

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.1
  • Road Surface Type: Paved
  • Water Body Name: Crooked River
  • MLS Status: Closed
  • Directions: Route 118 & 35. GPS friendly to 921 Valley Rd Waterford, ME
  • Above Grade Finished Sq Ft: 2500.0
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Year Built: 1904
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 2.1
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2500.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 4
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Operating Expenses: 5500.0
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:RiverBrookStream: Yes
  • Heat Fuel:Wood2: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Radiator: Yes
  • Exterior:Aluminum Siding: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures Barn2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Interior Entry
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Level, Open Lot, Neighborhood
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Clapboard, Aluminum Siding, Wood Frame
  • Other Structures: Barn
  • Patio And Porch Features: Deck, Glass Enclosed
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 91476.0
  • Parcel #: WATD-000075-000000-000006
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 5500.0

Tax Info

  • Tax Annual Amount: 2891.0
  • Tax Book Number: 5525
  • Tax Lot: 6
  • Tax Map Number: 75
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 2, 2023
Sold by
Lps Investments Group Llc
Bought by
Tedi Investments Llc
Seller's Agent
Julie Chin
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Tiffany Pastore
Maine Real Estate Experts
List Price
$239,000
Sold Price
$190,000
Premium/Discount to List
-$49,000
-20.5%
Current Estimated Value
$210,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,760
Avg. Annual Appreciation
6.49%
Original Mortgage
$150,000
Interest Rate
7.19%
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
Tedi Investments Llc $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tedi Investments Llc $255,000
Closed Tedi Investments Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $190,000 -20.5% $76 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $239,000 +189.7% $96 / Sq Ft
06/01/2020 06/01/20 Sold $82,500 -41.0% $33 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
06/14/2018 06/14/18 For Sale $139,900 -- $56 / 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 $3,309 $181,838 $32,200 $149,638
2022 $2,891 $181,838 $32,200 $149,638
2021 $2,873 $181,838 $32,200 $149,638
2019 $2,837 $181,838 $32,200 $149,638
2018 $2,800 $181,838 $32,200 $149,638
2017 $2,773 $181,838 $32,200 $149,638
2016 $2,782 $181,838 $32,200 $149,638
2015 $3,459 $227,585 $32,200 $195,385
2014 $3,254 $227,585 $32,200 $195,385
2013 $3,254 $227,585 $32,200 $195,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1573516

Maine Listings

APN: WATD-000075-000000-000006