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4 Gerald Terrace

4 Gerald Terrace, Fairfield, ME 04937
Property in Fairfield
Sold Sep 26, 2023
$105,000
Sold Jul 16, 2018
$2,060,000
$1,648,000 by Gorham Savings Bank
Mortgage
4 Gerald Terrace has been categorized by the local assessors in Fairfield, ME as a residential type of property. In addition, 4 Gerald Terrace has 784 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,326 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4 Gerald Terrace sold most recently in Sep 26, 2023 for a total of $105,000. If you work out the math, that's approximately a cost of $133.93 per sqft. Before that, the property was also sold for $2,060,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $979 in taxes each year. The initial year of tax delinquency occurred in 2022. 4 Gerald Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $46,600. If we break it down further, the land itself was valued at $19,400. Improvements to the property, however, were assessed at a total of $27,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Mobile home
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 784
  • Building Area: 784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.26
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T

Ownership

  • Current Owner : PINE TREE WASTE INC
  • Previous Owner : LAWRENCE GUY M
  • Owner Before Previous Owner: FORSYTHE RHONDA S
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 06, 2024

Neighborhood

  • School District Name: School Administrative District 49
  • School Tax School District: RSU 49/MSAD 49
  • Census Tract: 966801

Zoning

  • Zoning: URBAN

Geography

  • Parcel: FAID M:018 L:113
  • Lot: 113
  • Municipality: FAIRFIELD
  • Latitude: 44.585
  • Longitude: -69.599

    Address

  • Full Address: 4 Gerald Ter
  • Address - House Number: 4
  • Address - Street Name: Gerald
  • Address - Suffix Type: Ter
  • State: ME
  • City Name: Fairfield
  • Carrier Code: C073
  • 4-Digit Zip Code: 1520
  • Zip Code: 04937

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $979
  • Intital Tax Deliquent Year: 2022

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,600
  • Assessed Land Value: $19,400
  • Assessed Improvements Value: $27,200

    Sales

  • Current Sale Contract Date: Sep 26, 2023
  • Current Sale Recording Date: Sep 26, 2023
  • Current Sale Transaction ID: 11913811920
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10662
  • Previous Sale Recording Date: Jul 16, 2018
  • Previous Sale Amount: $2,060,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Previous Mortgages

  • Previous Mortgage Lender: GORHAM SAVINGS BANK
  • Previous Mortgage Transaction Date: Jul 16, 2018
  • Previous Mortgage Loan Amount: $1,648,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Fairfield



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Frequently Asked Questions

What neighborhood is 4 Gerald Terrace located in?
The 4 Gerald Terrace is a located in the neighborhood of Fairfield in Fairfield, Fairfield.
What is the average sales price for listings in 4 Gerald Terrace?
The average sales price for units in 4 Gerald Terrace is $0 currently.

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