NOT LISTED FOR SALE

57 High St Fairfield, ME 04937

Estimated Value: $430,000 - $523,000

12 Beds
6 Baths
5,864 Sq Ft
$79/Sq Ft Est. Value

Sale Details

Date Sold: April 18, 2025

Last sale price $435,000 $74 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,903 / mo

3 Days on Market

Highlights

  • Federal Architecture
  • Corner Lot
  • Baseboard Heating
  • Wood Flooring
  • No HOA

About This Home

As of April 2025

Fully occupied 6-unit apartment building with great rental history. Five of the units have a private deck/porch. Conveniently located right across from the town municipal park and school, also close to I-95 for commuting. Coin operated laundry on premises. Possible 7th unit.

Last Agent to Sell the Property

Kim Gleason

McAllister Real Estate Listed on: 02/19/2025

Last Buyer's Agent

Francois Rodrigue

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,967

Year Built

  • Built in 1835

Lot Details

  • 10,890 Sq Ft Lot
  • Property fronts a freeway
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Federal Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Full Bathrooms

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number FAID-000025-000000-000027

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $34,569
  • Gross Income $60,754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,967

Year Built

Built in 1835

Lot Details

0.25 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From College Avenue turn onto High Street before railroad overpass. House is on the left on the corner of High St. & Kelly St.
  • Above Grade Finished Sq Ft: 5464.0
  • Architectural Style: Federal
  • Garage Yn: No
  • Year Built: 1835
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 78.51
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 5464.0
  • Property Information:SqFt Finished Below Grade: 400.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • 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:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Income Expenses Gross Income: 60754.0
  • Income Expenses Operating Expenses: 34569.0
  • Parking:On Site2: Yes
  • Parking:Paved3: Yes
  • Style:Federal: Yes
  • Exterior:Aluminum Siding: Yes
  • Basement Entry:Exterior Only: Yes
  • Advertising Remarks:Advertising Remarks: Fully occupied 6-unit apartment building with great rental history. Five of the units have a private deck/porch. Conveniently located right across from the town municipal park and school, also close to I-95 for commuting. Coin operated laundry on premises. Possible 7th unit. FOR MORE DETAILS ON THIS PROPERTY CALL THE LISTING AGENT AT MCALLISTER REAL ESTATE, KIM GLEASON 207-837-3180 OR EMAIL kimgleason@myfairpoint.net.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 6
  • Below Grade Sq Ft: 400.0
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Corner Lot, Level, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Aluminum Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, On Site

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: 10890.0
  • Parcel #: FAID-000025-000000-000027
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 60754.0
  • Annual Operating Expense: 34569.0

Tax Info

  • Tax Annual Amount: 3967.0
  • Tax Lot: 27
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Apr 18, 2025
Sold by
Auction Realty Inc
Bought by
Yk 1963 Llc
Seller's Agent
Kim Gleason
McAllister Real Estate
Buyer's Agent
Francois Rodrigue
Keller Williams Realty
List Price
$429,000
Sold Price
$435,000
Premium/Discount to List
$6,000
1.4%
Views
370
Current Estimated Value
$460,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,551
Avg. Annual Appreciation
5.64%
Original Mortgage
$285,000
Outstanding Balance
$282,444
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$178,107

Purchase Details

Closed on
Aug 11, 2023
Sold by
Alpha Asset Mgmt Llc
Bought by
Mklb Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 30, 2015
Closed on
Feb 17, 2016
Sold by
Dore Craig R and Dore Jennifer M
Bought by
Alpha Asset Mgmt Llc
Seller's Agent
Jacqueline Boulet
Century 21 Nason Realty
Buyer's Agent
Gregg Perkins
Affiliated Realty
List Price
$169,000
Sold Price
$152,500
Premium/Discount to List
-$16,500
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$122,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2012
Sold by
Mcintosh Richard H and Mcintosh Dorothy H
Bought by
Dore Craig R and Dore Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2006
Sold by
Mcintosh Richard H and Mcintosh Dorothy H
Bought by
57 High St Rt and Kothman
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

Date Buyer Sale Price Title Company
Yk 1963 Llc -- None Available
Yk 1963 Llc -- None Available
Auction Relty Inc $435,000 None Available
Auction Relty Inc $435,000 None Available
Mklb Group Llc -- None Available
Mklb Group Llc -- None Available
Alpha Asset Mgmt Llc -- --
Alpha Asset Mgmt Llc -- --
Dore Craig R -- --
Dore Craig R -- --
57 High St Rt -- --
57 High St Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auction Relty Inc $285,000
Closed Auction Relty Inc $285,000
Previous Owner Mklb Group Llc $234,000
Previous Owner Alpha Asset Mgmt Llc $122,000
Previous Owner Dore Craig R $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2025 04/18/25 Sold $435,000 +1.4% $74 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $429,000 +181.3% $73 / Sq Ft
02/16/2016 02/16/16 Sold $152,500 -9.8% $26 / Sq Ft View Prior Sale
01/08/2016 01/08/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $169,000 -- $29 / Sq Ft
Source: Maine Listings

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 $3,077 $143,100 $16,900 $126,200
2022 $3,005 $143,100 $16,900 $126,200
2021 $3,148 $143,100 $16,900 $126,200
2020 $21 $143,100 $16,900 $126,200
2019 $21 $143,100 $16,900 $126,200
2018 $3,389 $143,100 $16,900 $126,200
2017 $2,173 $143,100 $16,900 $126,200
2016 $3,205 $143,100 $16,900 $126,200
2015 $3,084 $142,100 $16,900 $125,200
2014 $2,878 $142,100 $16,900 $125,200
2013 $2,878 $142,100 $16,900 $125,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1614661

Maine Listings

APN: FAID-000025-000000-000027

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