NOT LISTED FOR SALE

103 Silver Maple Ln Farmington, ME 04938

-- Bed
5 Baths
3,900 Sq Ft
0.5 Acres

Last Sold May 12, 2022

Last sale price $113,000 $29 Per Sq Ft

20 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • No HOA
  • Deck
  • Corner Lot
  • Porch

About This Home

As of May 2022

Great 5-unit income producing property for sale! Close to downtown and the University. Seller has made a lot of improvements, see attached documents. This is a perfect property for an investor or owner occupied!

Work to be done:
September began installing new forced air furnace to heat Apt 4 and 5 (not yet completed)
Removal of asbestos siding is scheduled for week of Feb 7.

Last Agent to Sell the Property

Marc Fishman

Keller Williams Realty Brokerage Phone: 207-775-6561 Listed on: 01/21/2022

Keller Williams Realty

Co-Listed By

Christopher Collins

Keller Williams Realty Brokerage Phone: 207-775-6561

Last Buyer's Agent

Dan Nash

Coldwell Banker Sandy River Realty

Coldwell Banker Sandy River Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,377

Year Built

  • Built in 1921

Lot Details

  • 0.5 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • 3,900 Sq Ft Home
  • Cape Cod Architecture
  • Wood Frame Construction
  • Composition Roof
  • Metal Roof

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Natural Gas Not Available

Additional Features

  • Attic

Listing and Financial Details

  • Tax Lot 43A
  • Assessor Parcel Number FARN-000000-U000010-000043-A000000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $13,781
  • Gross Income $37,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,377

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: GPS friendly. Rt 2 (Farmington Falls Rd) to Maple Ave. to Silver Maple Lane, which is the first right. #103 is on the corner of Maple Ave. and Silver Maple Ln.
  • Above Grade Finished Sq Ft: 3900.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1921
  • Attribution Contact: 207-775-6561
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3900.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 5
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 37500.0
  • Income Expenses Operating Expenses: 13781.09
  • Amenities:Bathtub: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Driveway:Gravel: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Walk-Out Access, Exterior Only
  • Full Bathrooms: 5
  • Flooring: Vinyl, Other, Laminate
  • Interior Amenities: Attic, Bathtub, Shower, Storage

Exterior Features

  • Lot Features: Corner Lot, Level, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Other Exterior, Wood Frame
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Composition, Metal
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: FARN-000000-U000010-000043-A000000
  • Zoning: VR-Res

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 37500.0
  • Annual Operating Expense: 13781.09

Tax Info

  • Tax Annual Amount: 2376.96
  • Tax Book Number: 4057
  • Tax Lot: 43A
  • Tax Map Number: U10
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $113,000 -35.4% $29 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $174,900 +45.0% $45 / Sq Ft
12/27/2018 12/27/18 Sold $120,650 -43.1% $31 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
11/28/2016 11/28/16 For Sale $212,000 -- $54 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Marc Fishman

    Seller's Agent in 2022

    Marc Fishman

    Keller Williams Realty

    (207) 879-9800

    1 in this area

    79 Total Sales

    Marc Fishman
    Section Image
  • Christopher Collins

    Seller Co-Listing Agent in 2022

    Christopher Collins

    Keller Williams Realty

    (207) 751-2586

    1 in this area

    22 Total Sales

    Christopher Collins
    Section Image
  • Dan Nash

    Buyer's Agent in 2022

    Dan Nash

    Coldwell Banker Sandy River Realty

    (207) 779-6334

    10 in this area

    98 Total Sales

    Dan Nash
    Section Image
  • Susi Pearson

    Seller's Agent in 2018

    Susi Pearson

    Allied Realty

    (207) 479-4990

    26 in this area

    125 Total Sales

    Susi Pearson
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1518390

Maine Listings
Maine Franklin County Farmington 04938

103 Silver Maple Ln, Farmington, ME

This home is located at 103 Silver Maple Ln, Farmington, ME 04938 since 21 January 2022. This property was built in 1921. 103 Silver Maple Ln is a home located in Franklin County with nearby schools including Mt. Blue High School.

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