NOT LISTED FOR SALE

27 Winter St Fairfield, ME 04937

Estimated Value: $167,000 - $221,000

4 Beds
2 Baths
1,594 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $158,000 $99 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,160/month

71 Days on Market

Highlights

  • 48 Feet of Waterfront
  • No HOA
  • Baseboard Heating
  • New Englander Architecture
  • Tile Flooring
  • Open Lot

About This Home

As of October 2022

Great opportunity to buy this income producing property in-town Fairfield with beautiful views of the Kennebec River. With below market rents, there is opportunity to add value here. The first floor unit includes a large eat in kitchen, living room, bathroom and two good sized bedrooms. The second floor unit also has an eat in kitchen, large living room and two bedrooms. The basement is accessible via exterior side entry door and contains the laundry hook ups for tenants to use as well as additional storage space. If you have been searching for a solid investment or just a great place to call home with the potential to offset costs, then schedule your showing today!

Last Agent to Sell the Property

Matt Pouliot

Pouliot Real Estate Brokerage Phone: 207-248-6044 Listed on: 06/28/2022

Last Buyer's Agent

Johnny Swan

Brookewood Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • 48 Feet of Waterfront
  • River Front
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,594 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

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

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number FAID-000017-000000-000058

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,339
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,511

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Water Body Name: Kennebec River
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1594.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-248-6044
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1594.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • 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:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 20400.0
  • Income Expenses Operating Expenses: 8339.0
  • Style:Multi-Level: Yes
  • Water Info:Waterfront Amount -: 48.0
  • Water Info:Water Frontage Owned -: 48.0
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Exterior:Aluminum Siding: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Intown, Near Shopping
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal, Shingle

Garage/Parking

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

Utilities

  • 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: 6534.0
  • Parcel #: FAID-000017-000000-000058
  • Zoning: Urban Res

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Annual Operating Expense: 8339.0

Tax Info

  • Tax Annual Amount: 1511.0
  • Tax Book Number: 5698
  • Tax Lot: 58
  • Tax Map Number: 17
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Oct 21, 2022
Sold by
Lint Properties Llc
Bought by
Hurlburt Douglas
Seller's Agent
Matt Pouliot
Pouliot Real Estate
Buyer's Agent
Johnny Swan
Brookewood Realty
List Price
$189,900
Sold Price
$158,000
Premium/Discount to List
-$31,900
-16.8%
Views
6
Current Estimated Value
$195,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,432
Avg. Annual Appreciation
7.47%
Original Mortgage
$118,500
Outstanding Balance
$115,024
Interest Rate
6.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$78,571

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 6, 2020
Sold by
Kar Ter Dev Corp
Bought by
Kennebec Roofing Inc
Seller's Agent
Heidi Witham
Hoang Realty
Buyer's Agent
Kim Moxcey
Century 21 Nason Realty
List Price
$104,900
Sold Price
$90,000
Premium/Discount to List
-$14,900
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.26%
Original Mortgage
$80,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
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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
Hurlburt Douglas $158,000 None Available
Hurlburt Douglas $158,000 None Available
Hurlburt Douglas $158,000 None Available
Kennebec Roofing Inc -- None Available
Kennebec Roofing Inc -- None Available
Kennebec Roofing Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurlburt Douglas $118,500
Closed Hurlburt Douglas $118,500
Previous Owner Kennebec Roofing Inc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $158,000 -16.8% $99 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $189,900 +111.0% $119 / Sq Ft
11/06/2020 11/06/20 Sold $90,000 -14.2% $56 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
10/11/2019 10/11/19 For Sale $104,900 -- $66 / 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 $1,477 $68,700 $11,800 $56,900
2022 $1,443 $68,700 $11,800 $56,900
2021 $1,511 $68,700 $11,800 $56,900
2020 $1,532 $68,700 $11,800 $56,900
2019 $1,532 $68,700 $11,800 $56,900
2018 $1,566 $68,700 $11,800 $56,900
2017 $1,566 $68,700 $11,800 $56,900
2016 $1,539 $68,700 $11,800 $56,900
2015 $1,491 $68,700 $11,800 $56,900
2014 $1,391 $68,700 $11,800 $56,900
2013 $1,391 $68,700 $11,800 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1534335

Maine Listings

APN: FAID-000017-000000-000058