NOT LISTED FOR SALE

5 Cottage St Fairfield, ME 04937

Estimated Value: $210,000 - $244,000

6 Beds
2 Baths
1,900 Sq Ft
$117/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2017

Last sale price $79,500 $42 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,421 / mo

232 Days on Market

Highlights

  • Colonial Architecture
  • Detached Garage
  • Shed
  • No HOA
  • Storage
  • Tile Flooring

About This Home

As of May 2017

INVESTORS TAKE NOTICE! Over $1600 per month in rental income on this low maintenance two-family! Two spacious units; one 2-bedroom and one 3-bedroom. First floor is rented; second is ready for tenants. A great investment! Or consider to owner occupy and have rental income pay your mortgage, PLUS! Separate heating, hot water & electric systems. Metal roof, attached storage areas, nice yard, single car garage. Can easily be converted back to a single family. A great investment either way! Well maintained.

Last Agent to Sell the Property

Robbin Eusebio

Surette Real Estate Brokerage Email: office@surette-realestate.com Listed on: 07/20/2016

Last Buyer's Agent

Cheryl Bardwell

Surette Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 13,939 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,900 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Detached Garage
  • Driveway

Utilities

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

Additional Features

  • Shed
  • City Lot

Listing and Financial Details

  • Tax Lot 030
  • Assessor Parcel Number FAID-000023-000000-000030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.32 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Going north in Fairfield on College Avenue turn left onto Cottage Street at Cacciatore's closed restaurant. House is second on left.
  • Above Grade Finished Sq Ft: 1900.0
  • Architectural Style: Colonial, New Englander
  • Building Stories: 2
  • Year Built: 1920
  • Attribution Contact: office@surette-realestate.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 41.84
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.32
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1900.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: 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
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Exterior:Aluminum Siding: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: INVESTORS TAKE NOTICE! Over $1600 per month in rental income on this low maintenance two-family! Two spacious units; one 2-bedroom and one 3-bedroom. First floor is rented; second is ready for tenants. A great investment! Or consider to owner occupy and have rental income pay your mortgage, PLUS! Separate heating, hot water & electric systems. Metal roof, attached storage areas, nice yard, single car garage. Can easily be converted back to a single family. A great investment either way! Well maintained.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Tile, Laminate, Carpet
  • Interior Amenities: Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Town
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Metal, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • 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: 13939.2
  • Parcel #: FAID-000023-000000-000030
  • Zoning: Urban res

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2292.0
  • Tax Lot: 030
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2019
Sold by
Bought by
Current Estimated Value
$222,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$92,346
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$130,026

Purchase Details

Listed on
Jul 20, 2016
Closed on
May 9, 2017
Sold by
Bought by
Seller's Agent
Robbin Eusebio
Surette Real Estate
Buyer's Agent
Cheryl Bardwell
Surette Real Estate
List Price
$105,000
Sold Price
$79,500
Premium/Discount to List
-$25,500
-24.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Feb 19, 2015
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $105,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $79,500 -24.3% $42 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
07/13/2016 07/13/16 For Sale $105,000 -- $55 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,270 $105,600 $19,100 $86,500
2022 $2,218 $105,600 $19,100 $86,500
2021 $2,323 $105,600 $19,100 $86,500
2020 $2,355 $105,600 $19,100 $86,500
2019 $2,355 $105,600 $19,100 $86,500
2018 $2,408 $105,600 $19,100 $86,500
2017 $2,408 $105,600 $19,100 $86,500
2016 $2,365 $105,600 $19,100 $86,500
2015 $2,292 $105,600 $19,100 $86,500
2014 $2,138 $105,600 $19,100 $86,500
2013 $2,138 $105,600 $19,100 $86,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1274720

Maine Listings

APN: FAID-000023-000000-000030

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