NOT LISTED FOR SALE

2 Silver St Fairfield, ME 04937

Estimated Value: $195,000 - $288,000

3 Beds
2 Baths
2,638 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $185,500 $70 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,486/month

9 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Baseboard Heating
  • No HOA
  • Parking Storage or Cabinetry
  • Open Lot

About This Home

As of July 2022

Fairfield ~Nice clean 2 unit. Nice location in Fairfield. First floor, basement & furnace have all been updated within the last 5 years. Upstairs unit lease is up this month, downstairs lease is up in December. Owner occupy this and let the other tenant help with the mortgage! Storage space above the garage or could be made into a 3rd unit studio apartment.

Last Agent to Sell the Property

Tony Loiko

Brookewood Realty Listed on: 05/31/2022

Last Buyer's Agent

Holly Hacskaylo

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,638 Sq Ft Home
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number FAID-000019-000000-000122

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,776
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,108

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2638.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 71.99
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2638.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 21600.0
  • Income Expenses Operating Expenses: 9776.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Vehicle Storage:Storage Above: Yes
  • Advertising Remarks:Advertising Remarks: Fairfield ~Nice clean 2 unit. Nice location in Fairfield. First floor, basement & furnace have all been updated within the last 5 years. Upstairs unit lease is up this month, downstairs lease is up in December. Owner occupy this and let the other tenant help with the mortgage! Storage space above the garage or could be made into a 3rd unit studio apartment.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Lot Features: Open Lot, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Storage

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 10018.8
  • Parcel #: FAID-000019-000000-000122
  • Zoning: 16

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21600.0
  • Annual Operating Expense: 9776.0

Tax Info

  • Tax Annual Amount: 2108.0
  • Tax Lot: 22
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2025
Sold by
Powers Alexis R and Powers Seth J
Bought by
Powers Estates Llc
Current Estimated Value
$238,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Outstanding Balance
$213,441
Interest Rate
6.72%
Mortgage Type
Commercial
Estimated Equity
$25,090

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 25, 2022
Sold by
Gleason Evan R
Bought by
Powers Seth J and Powers Alexis R
Seller's Agent
Tony Loiko
Brookewood Realty
Buyer's Agent
Holly Hacskaylo
William Raveis Real Estate
List Price
$189,900
Sold Price
$185,500
Premium/Discount to List
-$4,400
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$182,139
Interest Rate
5.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2019
Sold by
Cm Properties Llc
Bought by
Gleason Evan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,935
Interest Rate
3.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Powers Estates Llc -- --
Powers Estates Llc -- --
Powers Seth J $185,500 None Available
Powers Seth J $185,500 None Available
Gleason Evan R -- --
Gleason Evan R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Estates Llc $214,000
Closed Powers Estates Llc $214,000
Previous Owner Powers Seth J $182,139
Previous Owner Gleason Evan R $111,935
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2022 07/25/22 Sold $185,500 -2.3% $70 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $189,900 -- $72 / 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 $2,060 $95,800 $16,200 $79,600
2022 $2,012 $95,800 $16,200 $79,600
2021 $2,108 $95,800 $16,200 $79,600
2020 $2,136 $95,800 $16,200 $79,600
2019 $2,136 $95,800 $16,200 $79,600
2018 $2,184 $95,800 $16,200 $79,600
2017 $2,184 $95,800 $16,200 $79,600
2016 $2,146 $95,800 $16,200 $79,600
2015 $2,079 $95,800 $16,200 $79,600
2014 $2,252 $111,200 $16,200 $95,000
2013 $2,252 $111,200 $16,200 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1530409

Maine Listings

APN: FAID-000019-000000-000122