NOT LISTED FOR SALE

71 High St Fairfield, ME 04937

Estimated Value: $265,000 - $314,000

6 Beds
4 Baths
3,761 Sq Ft
$77/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $160,000 $43 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,801/month

6 Days on Market

Highlights

  • New Englander Architecture
  • No HOA
  • Bathtub
  • Main Floor Bedroom
  • Enclosed Glass Porch
  • Landscaped

About This Home

As of July 2020

The work has been done! Lots of renovations/updates; yes, you can improve things but zero to minimal work needs to be done now. Rents are below market (and two units are TAW), but it's profitable right now. A win-win situation...make money now, grow it in the future!

Last Agent to Sell the Property

David Shedd

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 05/21/2020

Coldwell Banker Realty

Last Buyer's Agent

Darcy Liberty

Integrity Homes Real Estate Group, PC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,647

Year Built

  • Built in 1890

Lot Details

  • 0.77 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,761 Sq Ft Home
  • 3-Story Property
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

  • Brick Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Glass Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 71highstreetfairfieldmaine

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $19,693
  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,647

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.77
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From I-95 Exit 132, head into Fairfield; High St. is on your right. House is on the right.
  • Above Grade Finished Sq Ft: 3761.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1890
  • Attribution Contact: 207-773-1990
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 42.54
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.77
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3761.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 34200.0
  • Income Expenses Operating Expenses: 19693.0
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Exterior:Block2: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Advertising Remarks:Advertising Remarks: The work has been done! Lots of renovations/updates; yes, you can improve things but zero to minimal work needs to be done now. Rents are below market (and two units are TAW), but it's profitable right now. A win-win situation...make money now, grow it in the future!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Crawl Space, Exterior Only
  • Full Bathrooms: 4
  • Flooring: Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
  • Stories: 3

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Block, Wood Frame
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 33541.2
  • Parcel #: 71highstreetfairfieldmaine
  • Zoning: Urban Residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 34200.0
  • Annual Operating Expense: 19693.0

Tax Info

  • Tax Annual Amount: 2647.0
  • Tax Lot: 91
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jul 1, 2020
Sold by
Simonds Stephen and Shedd David R
Bought by
Tgo Properties Llc
Seller's Agent
David Shedd
Coldwell Banker Realty
Buyer's Agent
Darcy Liberty
Integrity Homes Real Estate Group, PC
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$289,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,135
Avg. Annual Appreciation
11.27%
Original Mortgage
$160,000
Outstanding Balance
$142,141
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$146,994

Purchase Details

Listed on
Sep 14, 2017
Closed on
Feb 8, 2018
Sold by
Bolster Aaron J
Bought by
Simonds Stephen and Shedd David R
Seller's Agent
Aaron Bolster
Allied Realty
Buyer's Agent
David Shedd
Coldwell Banker Realty
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$99,375
Interest Rate
3.99%
Mortgage Type
New Conventional
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
Tgo Properties Llc -- None Available
Simonds Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tgo Properties Llc $160,000
Previous Owner Simonds Stephen $99,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2020 07/02/20 Sold $160,000 0.0% $43 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $160,000 +20.8% $43 / Sq Ft
02/02/2018 02/02/18 Sold $132,500 -1.9% $37 / Sq Ft View Prior Sale
12/23/2017 12/23/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $135,000 -- $38 / 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 $2,552 $118,700 $21,600 $97,100
2022 $2,493 $118,700 $21,600 $97,100
2021 $2,611 $118,700 $21,600 $97,100
2020 $2,647 $118,700 $21,600 $97,100
2019 $2,647 $118,700 $21,600 $97,100
2018 $2,706 $118,700 $21,600 $97,100
2017 $2,706 $118,700 $21,600 $97,100
2016 $2,659 $118,700 $21,600 $97,100
2015 $2,576 $118,700 $21,600 $97,100
2014 $2,404 $118,700 $21,600 $97,100
2013 $2,404 $118,700 $21,600 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1453093

Maine Listings

APN: FAID-000025-000000-000091