NOT LISTED FOR SALE

2 Kelley St Fairfield, ME 04937

Estimated Value: $231,000 - $335,000

-- Bed
2 Baths
1,974 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $285,500 $145 Per Sq Ft

Current estimated payment $1,722/month

2 Days on Market

Highlights

  • New Englander Architecture
  • Baseboard Heating
  • Carpet
  • No HOA
  • Level Lot

About This Home

As of March 2024

Ideal investment property for your portfolio. This affordable 2-unit apartment has been owned by the same owners for over 30 years and they are retiring. Close to schools and the Interstate this property is easily rented. Seller is selling in ''as-is'' condition.

Last Agent to Sell the Property

Dana Michaud

Coldwell Banker Plourde Real Estate Listed on: 02/27/2024

Coldwell Banker Plourde Real Estate

Last Buyer's Agent

Alexander Munsell

Real Broker

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,974 Sq Ft Home
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number FAID-000025-000000-000026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,300
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,118

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take the Fairfield exit of from 1-95 heading East onto ME-139 (Western Ave). Go .9 miles and take a right onto High St. After .2 miles take a right onto Kelley St. The destination is on the right.
  • Above Grade Finished Sq Ft: 1974.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1974.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 27600.0
  • Income Expenses Operating Expenses: 9299.77
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: FAID-000025-000000-000026
  • Zoning: Urban Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0
  • Annual Operating Expense: 9299.77

Tax Info

  • Tax Annual Amount: 2118.0
  • Tax Book Number: 3728
  • Tax Lot: 26
  • Tax Map Number: 25
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 22, 2024
Sold by
D K & Linda M Thorpe Ret and Thorpe
Bought by
Bellisle Real Estae Hldg
Seller's Agent
Dana Michaud
Coldwell Banker Plourde Real Estate
Buyer's Agent
Alexander Munsell
Real Broker
List Price
$125,000
Sold Price
$285,500
Premium/Discount to List
$160,500
128.4%
Views
17
Current Estimated Value
$285,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170
Avg. Annual Appreciation
-2.29%
Original Mortgage
$240,000
Interest Rate
6.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bellisle Real Estae Hldg $285,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellisle Re Hld Llc $272,000
Closed Bellisle Real Estae Hldg $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $285,500 +128.4% $145 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $125,000 -- $63 / 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
2023 $2,118 $98,500 $13,900 $84,600
2022 $2,069 $98,500 $13,900 $84,600
2021 $2,167 $98,500 $13,900 $84,600
2020 $3,886 $98,500 $13,900 $84,600
2019 $2,197 $98,500 $13,900 $84,600
2018 $2,246 $98,500 $13,900 $84,600
2017 $2,246 $98,500 $13,900 $84,600
2016 $2,206 $98,500 $13,900 $84,600
2015 $2,137 $98,500 $13,900 $84,600
2014 $1,995 $98,500 $13,900 $84,600
2013 -- $98,500 $13,900 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1582966

Maine Listings

APN: FAID-000025-000000-000026