NOT LISTED FOR SALE

1 Ledgeview Ln Bath, ME 04530

-- Bed
20 Baths
23,040 Sq Ft
3.5 Acres

Last Sold July 08, 2020

Last sale price $2,050,000 $89 Per Sq Ft

12 Days on Market

Highlights

  • 3.5 Acre Lot
  • Landscaped
  • Hot Water Heating System
  • No HOA
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2020

24 unit apartment complex in excellent condition!
12 - (1) Bedrooms - 12 (2) Bedrooms
Newer construction/Fully sprinkled
This is an easy turn key investment with under market rents giving the new owner more upside!

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 04/25/2020

Last Buyer's Agent

David Jones

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,393

Year Built

  • Built in 1996

Lot Details

  • 3.5 Acre Lot
  • Landscaped

Home Design

  • 23,040 Sq Ft Home
  • Garden Apartment
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 20 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • 24 Units

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number BTTH-000040-000000-000006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,393

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.5
  • MLS Status: Closed
  • Directions: Type in 118 High St Bath and it will take you to Ledgeview Ln
  • Above Grade Finished Sq Ft: 23040.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1996
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 88.98
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.5
  • Property Information:Total Baths: 20.0
  • Property Information:SqFt Finished Above Grade: 23040.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: 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:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Style:Garden: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 24
  • Exterior:Wood Siding: Yes
  • Water Heater:Tank: Yes
  • Advertising Remarks:Advertising Remarks: 24 unit apartment complex in excellent condition! 12 - (1) Bedrooms - 12 (2) Bedrooms Newer construction/Fully sprinkled This is an easy turn key investment with under market rents giving the new owner more upside!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 20
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced 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: 152460.0
  • Parcel #: BTTH-000040-000000-000006
  • Zoning: R2

Multi Family

  • Number Of Units Total: 24

Tax Info

  • Tax Annual Amount: 28393.0
  • Tax Lot: 006
  • Tax Year: 2019

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2020 07/08/20 Sold $2,050,000 0.0% $89 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $2,050,000 +39.0% $89 / Sq Ft
07/30/2019 07/30/19 Sold $1,475,000 -4.8% $60 / Sq Ft View Prior Sale
07/30/2019 07/30/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $1,550,000 -- $63 / 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
2025 $43,130 $2,678,900 $151,200 $2,527,700
2024 $40,569 $2,458,700 $151,200 $2,307,500
2023 $33,334 $1,972,400 $151,200 $1,821,200
2022 $29,254 $1,434,000 $120,000 $1,314,000
2021 $29,110 $1,434,000 $120,000 $1,314,000
2020 $28,680 $1,434,000 $120,000 $1,314,000
2019 $28,393 $1,434,000 $120,000 $1,314,000
2018 $33,716 $1,546,600 $288,800 $1,257,800
2017 $33,020 $1,546,600 $288,800 $1,257,800
2016 $32,633 $1,546,600 $288,800 $1,257,800
2015 $32,015 $1,546,600 $288,800 $1,257,800
2014 $31,241 $1,546,600 $288,800 $1,257,800
2013 $30,375 $1,546,600 $288,800 $1,257,800
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1450281

Maine Listings