325-331 WATER STREET
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Location
325-331 WATER STREET
Mblu
33/ 281/ / /
Acct#
27919
Owner
UNIVERSITY OF MAINE SYSTEM
Total Market Value
$1,220,100
PID
5827
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,162,900$57,200$1,220,100

Owner of Record
OwnerUNIVERSITY OF MAINE SYSTEM
Co-Owner
Address15 ESTABROOKE HALL
ORONO, ME 04469-5703
Sale Price$0
Certificate
Book & Page 10336/0245
Sale Date01/11/2010
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
UNIVERSITY OF MAINE SYSTEM$0 10336/02451N01/11/2010
331 LLC$350,000 5881/00420002/24/1999
KEY BANK OF MAINE$0 1522/0029 06/11/1979

Building Information
Building 1 : Section 1
Year Built: 1875
Living Area: 18,900
Building Attributes
FieldDescription
Style:School/College
ModelCommercial
GradeAverage
Stories:5
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureShed
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSTATE ME MDL-94
Total Rooms 
Total Bedrms00
Total Baths11
1st Floor Use:3400
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsLIGHT
Wall Height9.00
% Comn Wall48.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
FUSUpper Story, Finished 15,120 15,120
BASFirst Floor 3,780 3,780
SFBFinished Raised Bsmnt 1,638 0
UBMBasement, Unfinished 5,922 0
   26,460 18,900

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELEVELEV5.00 UNITS$125,0001
SPR1SPRINKLERS-WET5922.00 S.F.$11,8001
SPR2WET/CONCEALED20538.00 S.F.$48,8001
VLT4VAULT-POOR48.00 S.F.$5,4001

Land
Land Use
Use Code901C
DescriptionSTATE ME MDL-94  
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.09
Frontage62
Depth59
Total Market Land$57,200

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$1,162,900$57,200$1,220,100
2024$1,162,900$57,200$1,220,100
2023$1,162,900$57,200$1,220,100
Valuation History
Exemptions
Exemption YearCodeDescriptionAmount
20116EXEMPT$0

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