NOT LISTED FOR SALE

32 Summit St Fairfield, ME 04937

Estimated Value: $294,060 - $323,000

-- Bed
4 Baths
2,250 Sq Ft
$135/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $135,000 $60 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,811/month

57 Days on Market

Highlights

  • New Englander Architecture
  • No HOA
  • Level Lot
  • Main Floor Bedroom
  • Hot Water Heating System
  • Carpet

About This Home

As of February 2019

Well-cared for 4-unit multi-family in nice residential neighborhood. Features a large lot, good parking, roofing and boiler updated in 2013. Four modern apartments, two down and two up. Both first floor units have stackable washer/dryer units that remain with the building. Built in 1979! Don't miss!

Last Agent to Sell the Property

Kim Moxcey

Century 21 Nason Realty Listed on: 10/09/2018

Century 21 Nason Realty

Last Buyer's Agent

Matthew Sivret

Real Broker

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1979

Lot Details

  • 0.58 Acre Lot
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 2-A
  • Assessor Parcel Number FAID-000025-000000-000002-A000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,542

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.58
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Waterville proceed up College Avenue to Fairfield. Bear left onto High Street before town, Summit Street down on left, home up on right.
  • Above Grade Finished Sq Ft: 2250.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1979
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.58
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2250.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: 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
  • Driveway:Paved2: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 2
  • Style:Multi-Level: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Basement:Slab2: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Style:New Englander: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Vinyl, Other, Carpet
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • 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: 25264.8
  • Parcel #: FAID-000025-000000-000002-A000000
  • Zoning: UR

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2542.0
  • Tax Book Number: 1901
  • Tax Lot: 2-A
  • Tax Map Number: 25
  • Tax Year: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Feb 15, 2019
Sold by
Stamand Ronald E and Stamand Helen E
Bought by
Real Eze Estates Llc
Seller's Agent
Kim Moxcey
Century 21 Nason Realty
Buyer's Agent
Matthew Sivret
Real Broker
List Price
$153,500
Sold Price
$135,000
Premium/Discount to List
-$18,500
-12.05%
Current Estimated Value
$304,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,515
Avg. Annual Appreciation
13.07%
Original Mortgage
$108,000
Outstanding Balance
$94,758
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$209,757
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
Real Eze Estates Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Real Eze Estates Llc $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Off Market $135,000 -- --
02/15/2019 02/15/19 Sold $135,000 -12.1% $60 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $153,500 -- $68 / 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 $2,346 $109,100 $22,100 $87,000
2022 $2,291 $109,100 $22,100 $87,000
2021 $2,400 $109,100 $22,100 $87,000
2020 $2,433 $109,100 $22,100 $87,000
2019 $2,460 $110,300 $22,100 $88,200
2018 $2,515 $110,300 $22,100 $88,200
2017 $2,542 $111,500 $22,100 $89,400
2016 $2,524 $112,700 $22,100 $90,600
2015 $2,446 $112,700 $22,100 $90,600
2014 $2,645 $130,600 $22,100 $108,500
2013 $2,645 $130,600 $22,100 $108,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1372781

Maine Listings

APN: FAID-000025-000000-000002-A000000