$80,000
SOLD OCT 31, 2017

21 Water St Fairfield, ME 04937

-- Bed
3 Baths
2,448 Sq Ft
0.41 Acres

Recently Sold

$33 Per Sq Ft

24% Below List Price

100 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Baseboard Heating
  • River Front
  • No HOA
  • Space Heater

About This Home

As of September 2022

A real money maker and easy to rent. This 3 unit overlooks the Kennebec River and brings in $2,650/month. Many updates and repairs done such as new siding and roofs. Owner occupy or keep all 3 units rented. Nice yard and view of the river. Fully rented. Please call for more information. A solid investment.

Last Agent to Sell the Property

Aaron Bolster

Allied Realty Listed on: 06/20/2017

Last Buyer's Agent

Thomas Munson

Mainely-Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 1900

Lot Details

  • 0.41 Acre Lot
  • River Front
  • Open Lot

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,448 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Doghouse Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 21WaterStreetFairfield04937

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,689

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.41
  • Water Body Name: Kennebec River
  • MLS Status: Closed
  • Directions: From Main Street take Pleasant Street then left onto Water Street. Property will be on the left.
  • Above Grade Finished Sq Ft: 2448.0
  • Architectural Style: Multi-Level
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.41
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2448.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • 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
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 31800.0
  • Style:Multi-Level: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Heat System:Space Heater: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Doghouse, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Open Lot, Intown
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Metal, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Hot Water, 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: 17859.6
  • Parcel #: 21WaterStreetFairfield04937
  • Zoning: Res

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 31800.0

Tax Info

  • Tax Annual Amount: 1689.0
  • Tax Book Number: 5013
  • Tax Lot: 63
  • Tax Map Number: 18
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 31, 2022
Sold by
Burns Jan M Est
Bought by
Russell Zachary
Seller's Agent
Lucas Adams
Adams Realty
Buyer's Agent
Heidi Nottonson
Keller Williams Realty
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Current Estimated Value
$185,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,910
Avg. Annual Appreciation
11.75%
Original Mortgage
$101,250
Outstanding Balance
$97,436
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,846

Purchase Details

Listed on
Jun 20, 2017
Closed on
Nov 3, 2017
Sold by
Campbell Raymond R
Bought by
Burns Jan M
Seller's Agent
Aaron Bolster
Allied Realty
Buyer's Agent
Thomas Munson
Mainely-Real Estate
List Price
$105,000
Sold Price
$80,000
Premium/Discount to List
-$25,000
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$90,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2013
Closed on
Mar 31, 2016
Sold by
Lefebvre Joseph C
Bought by
Campbell Raymond R
Seller's Agent
Monika Elkins
Allied Realty
Buyer's Agent
Aaron Bolster
Allied Realty
List Price
$159,900
Sold Price
$45,000
Premium/Discount to List
-$114,900
-71.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.60%
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 Type Sale Price Title Company
Personal Reps Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,250 Purchase Money Mortgage
Previous Owner $58,050 Stand Alone Refi Refinance Of Original Loan
Previous Owner $90,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $135,000 -6.9% $55 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $145,000 +81.3% $59 / Sq Ft
10/31/2017 10/31/17 Sold $80,000 -23.8% $33 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $105,000 +133.3% $43 / Sq Ft
03/30/2016 03/30/16 Sold $45,000 -71.9% $25 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
05/31/2013 05/31/13 For Sale $159,900 -- $90 / 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 $1,823 $84,800 $18,300 $66,500
2022 $1,781 $84,800 $18,300 $66,500
2021 $1,767 $80,300 $18,300 $62,000
2020 $1,726 $77,400 $18,300 $59,100
2019 $1,726 $77,400 $18,300 $59,100
2018 $1,765 $77,400 $18,300 $59,100
2017 $1,765 $77,400 $18,300 $59,100
2016 $1,689 $75,400 $18,300 $57,100
2015 $1,636 $75,400 $18,300 $57,100
2014 $1,527 $75,400 $18,300 $57,100
2013 $1,527 $75,400 $18,300 $57,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1313589

Maine Listings

APN: FAID-000018-000000-000063