1 Spring Place

Closed 1/6/25
Closed 1/6/25
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Sold
Last Sold Price
$220,000
1,800 sqft
1 Spring Pl, Waterville, ME 04901
Multi FamilyProperty Type
0.08 acresLot Size
1870Year Built
$122/sq ftPrice per sq ft

Description

Well maintained & fully occupied 2-unit in great location. Convenient to Downtown Waterville amenities. Off-street parking, many cosmetic updates throughout, separate natural gas and electric meters.Well maintained & fully occupied 2-unit in great location. Convenient to Downtown Waterville amenities. Off-street parking, many cosmetic updates throughout, separate natural gas and electric meters.
  • Listed by: Matthew Boulerice 207.714.0435 matthewboulerice@nergmaine.com • New England Realty Group LLC
Listing closed: 01/06/2025 12:00 AM • Source: Maine Listings, MLS#: 1608525

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Recent comparable sales

Median sold price

$235,000

Avg days on market

20

Sale-to-list ratio

100.4%

Waterville, ME

9 comparable properties found

$215,000 | 22 Sherwin Street, Waterville, ME 04901
1/30
1

$215,000

Sold 03/31/25

Unavailable
Bedrooms
1,932
Square Feet
0.21
Acres

22 Sherwin Street, Waterville, ME 04901

$206,000 | 10 Leighton Street, Waterville, ME 04901
1/59
2

$206,000

Sold 02/12/26

Unavailable
Bedrooms
1,620
Square Feet
0.08
Acres

10 Leighton Street, Waterville, ME 04901

$235,000 | 51 Western Avenue, Waterville, ME 04901
1/29
3

$235,000

Sold 08/17/26

Unavailable
Bedrooms
1,732
Square Feet
0.1
Acres

51 Western Avenue, Waterville, ME 04901

$235,000 | 72 Western Avenue, Waterville, ME 04901
1/2
4

$235,000

Sold 02/20/26

Unavailable
Bedrooms
1,970
Square Feet
0.18
Acres

72 Western Avenue, Waterville, ME 04901

$245,000 | 5 Preston Street, Waterville, ME 04901
1/4
5

$245,000

Sold 12/18/24

Unavailable
Bedrooms
1,800
Square Feet
0.15
Acres

5 Preston Street, Waterville, ME 04901

$188,000 | 6 Squire Street, Waterville, ME 04901
1/20
6

$188,000

Sold 11/14/24

Unavailable
Bedrooms
1,584
Square Feet
0.09
Acres

6 Squire Street, Waterville, ME 04901

$238,000 | 4 Pare Street, Waterville, ME 04901
1/41
7

$238,000

Sold 07/14/26

Unavailable
Bedrooms
1,704
Square Feet
0.12
Acres

4 Pare Street, Waterville, ME 04901

$199,000 | 194 Water Street, Waterville, ME 04901
1/22
8

$199,000

Sold 10/31/25

Unavailable
Bedrooms
1,680
Square Feet
0.08
Acres

194 Water Street, Waterville, ME 04901

$235,000 | 41 Bay Street, Waterville, ME 04901
1/13
9

$235,000

Sold 07/10/26

Unavailable
Bedrooms
2,037
Square Feet
0.24
Acres

41 Bay Street, Waterville, ME 04901

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Location

Listing Courtesy of New England Realty Group LLC

Sold By New England Realty Group LLC

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$1,394 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,174

Property Taxes

$220

HOA Dues

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Property Information for 1 Spring Place

Property Details
  • Taxes: $2,635 / year
  • MLS Type: Multi-Family
  • County: Kennebec County
  • Has Waterfront: No
  • Zoning: CA
Building Information
  • Residences: 2
  • Year Built: 1870
  • Lot Size: 0.08 AC / 3,484 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown
  • Page: 0193
  • Directions: From Elm Street turn onto Spring Street. Right onto Spring Place, second property on the right.
  • Latitude: 44.548844
  • Longitude: -$69.63
Taxes and HOA
  • Association: No
  • Parcel Number: WAVL-000044-000000-000156
  • Tax Lot: 156
  • Tax Book Number: 14500
  • Tax Map Number: 044
  • Tax Year: 2023
  • Tax Annual Amount: $2,635.00
Parking
  • Parking Features: Common, Paved, 1 - 4 Spaces
  • Parking: 1 - 4 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Intown, Level, Open Lot
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 3484.8
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Open
Property and Assessments
  • Above Grade Finished Area: 1800.0
  • Building Area Total: 1800.0
  • Property Type: Multi-Family
  • Construction: Wood Frame
  • Structure Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1870
Building Features
  • Construction Materials: Wood Frame, Vinyl Siding
Financial Information
  • List Price/SqFt: $138.33
Utilities
  • Heat Fuel: Gas Natural
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Metal
  • Driveway: Common, Paved
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Basement: Interior Entry, Full, Unfinished
  • Basement: Full, Unfinished
  • Has Cooling: No
  • Heating: Gas Natural, Direct Vent Heater, Zoned
  • Has Heating: Yes
  • Flooring: Vinyl
Multi Family
Multi Family Information
  • # of 2 BD Units: 1
  • # of 3 BD Units: 1
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $30,600.00
  • Operating Expense: $12,079.00
Rental
Rent Information
  • Land Lease: No

Property History for 1 Spring Place

DateEvent & SourcePriceAppreciation
Jan 6, 2025

Sold (Public Record)

Public Record #1548300350

$220,000

+21.4% / yr

Jan 6, 2025

Sold

Maine Listings #1608525

$220,000—
Nov 8, 2024

Pending

Maine Listings #1608525

—
DateEvent & SourcePrice
01/06/2025

Sold (Public Record)

Public Record #1548300350

$220,000

+21.4% / yr

01/06/2025

Sold

Maine Listings #1608525

$220,000
11/08/2024

Pending

Maine Listings #1608525

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Spring Place

Taxable ValueLand$12,200Additions$151,200Total$163,400
Tax Record2025$2,778 ($232 / month)
Home Facts
Baths2Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories2Lot Size3,485 SqFtStyleDuplexYear Built1870Year Renovated1870CountyKENNEBECAPNWAVL M:044 B:156

Schools near 1 Spring Place

This home is within Waterville Public Schools.
Rating
School
Type
Grades
Distance
George J Mitchell School
Public - PK to 3
Albert S Hall School
Public - 4 to 5
Waterville Junior High School
Public - 6 to 8
Waterville Senior High School
Public - 9 to 12
Rating
School
Distance
George J Mitchell School
PublicPK to 3

Albert S Hall School
Public4 to 5

Waterville Junior High School
Public6 to 8

Waterville Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1 Spring Place, Waterville, ME 04901
$220,000
–
1,800
3,484
4 Spring Street, Waterville, ME 04901
$260,000
–
2,476
4,356
45 Silver Street, Waterville, ME 04901
–
–
2
2,463
14,810
39 Silver Street, Waterville, ME 04901
–
–
1.5
1,886
7,841
43 Silver Street, Waterville, ME 04901
$279,000
–
2,108
3,920
4 Spring Place, Waterville, ME 04901
$660,000
–
4,530
8,712

Explore Nearby Homes

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Listing Courtesy of New England Realty Group LLC

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.