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    Property profile & analytics

    111 Merryfield Ave Waterville, ME 04901-5147

    • Investment properties
    • 1,529 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US42-0495178
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 111 Merryfield Ave

    Year built
    1956
    Lot size
    0.30 lot acres
    Property size
    1,529 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WAVL M:037 B:202
    APU
    WAVLM037B202

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6577
    Latitude
    44.543
    CBSA code
    12300
    CBSA name
    AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,086
    $21,200
    $133,900
    $155,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $500,000
      3,408 SF

      1 Thomas Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 3,408 SF
      1 Thomas Dr, Waterville, ME 04901-4407
      View Details
    • Value Estimation
      $255,000
      2.92 Acres

      115 Airport Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.92 Acres
      115 Airport Rd, Waterville, ME 04901-4529
      View Details
    • Value Estimation
      $170,000
      1,008 SF

      500 Augusta Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,008 SF
      500 Augusta Rd, Waterville, ME 04901
      View Details
    • Value Estimation
      $295,000
      3,000 SF

      1045 Benton Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,000 SF
      1045 Benton Ave, Winslow, ME 04901-2620
      View Details
    • Value Estimation
      $285,000
      1,112 SF

      845 China Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,112 SF
      845 China Rd, Winslow, ME 04901-0318
      View Details
    • Value Estimation
      $200,000
      2,892 SF

      41 Elm St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,892 SF
      41 Elm St, Waterville, ME 04901-6592
      View Details

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    111 Merryfield Ave
    Waterville, ME 04901-5147
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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