NOT LISTED FOR SALE

1069 High St Bath, ME 04530

Estimated Value: $435,000 - $514,000

5 Beds
3 Baths
2,986 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $360,000 $121 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,014/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Wooded Lot
  • Main Floor Bedroom
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of February 2023

Fantastic investment opportunity located in the heart of historic Bath! Located only a 5-minute stroll from the Kennebec River and less than a mile from the shops and restaurants of Front Street, this well maintained, well managed 3 unit, is fully rented through Spring. With BIW only 1 mile away, you won't lack for potential renters. This property will not last long. Don't miss out!

Last Agent to Sell the Property

Scott Townsend

Keller Williams Realty Brokerage Phone: 207-252-0720 Listed on: 11/28/2022

Keller Williams Realty

Co-Listed By

Daniel Fahey

Keller Williams Realty Brokerage Phone: 207-252-0720

Last Buyer's Agent

David Holman

RE/MAX Riverside

RE/MAX Riverside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,389

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • 2,986 Sq Ft Home
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Doghouse Basement Entry
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Shed
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 091
  • Assessor Parcel Number BTTH-000021-000000-000091

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,000
  • Gross Income $38,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,389

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: Rt. 1 to High St
  • Above Grade Finished Sq Ft: 2986.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-252-0720
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 108.84
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2986.0
  • 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:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 38700.0
  • Income Expenses Operating Expenses: 11000.0
  • Style:Colonial: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Heat System:Direct Vent Heater: Yes
  • Advertising Remarks:Advertising Remarks: Fantastic investment opportunity located in the heart of historic Bath! Located only a 5-minute stroll from the Kennebec River and less than a mile from the shops and restaurants of Front Street, this well maintained, well managed 3 unit, is fully rented through Spring. With BIW only 1 mile away, you won't lack for potential renters. This property will not last long. Don't miss out!
  • Other Structures:Shed(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Partial, Doghouse, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Other

Exterior Features

  • Lot Features: Well Landscaped, Rolling/Sloping, Open, Level, Sidewalks, Wooded, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Forced Air, Direct Vent Heater
  • 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: 7405.2
  • Parcel #: BTTH-000021-000000-000091
  • Zoning: R1

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 38700.0
  • Annual Operating Expense: 11000.0

Tax Info

  • Tax Annual Amount: 4389.0
  • Tax Lot: 091
  • Tax Year: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Feb 27, 2023
Sold by
Mishkin Hester W
Bought by
Rutaganda Theobard and Jacqueline Radukunda
Seller's Agent
Scott Townsend
Keller Williams Realty
Buyer's Agent
David Holman
RE/MAX Riverside
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%
Current Estimated Value
$480,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,806
Avg. Annual Appreciation
10.81%
Original Mortgage
$344,322
Outstanding Balance
$333,140
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$147,666

Purchase Details

Closed on
Jul 5, 2022
Sold by
Danforth Catherine A Est
Bought by
Solvay Marilyn C

Purchase Details

Listed on
Oct 20, 2015
Closed on
Jul 21, 2016
Sold by
Carole T Luce Lt
Bought by
Mishkin Hester W
Seller's Agent
Andrea Galuza
RE/MAX Riverside
Buyer's Agent
Patty Sample Colwell
Sharon Drake Real Estate, Inc.
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$165,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Rutaganda Theobard $360,000 None Available
Solvay Marilyn C -- None Available
Mishkin Hester W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutaganda Theobard $344,322
Previous Owner Mishkin Hester W $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2023 02/27/23 Sold $360,000 +10.8% $121 / Sq Ft
11/28/2022 11/28/22 For Sale $325,000 -9.7% $109 / Sq Ft
11/07/2022 11/07/22 Off Market $360,000 -- --
10/31/2022 10/31/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $325,000 +47.7% $109 / Sq Ft
07/20/2016 07/20/16 Sold $220,000 -3.9% -- View Prior Sale
06/05/2016 06/05/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $229,000 -- --
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 $5,939 $368,900 $67,700 $301,200
2024 $5,683 $344,400 $64,500 $279,900
2023 $4,769 $282,200 $56,400 $225,800
2022 $4,388 $215,100 $34,900 $180,200
2021 $4,367 $215,100 $34,900 $180,200
2020 $4,302 $215,100 $34,900 $180,200
2019 $4,259 $215,100 $34,900 $180,200
2018 $4,735 $217,200 $24,000 $193,200
2017 $4,637 $217,200 $24,000 $193,200
2016 $4,583 $217,200 $24,000 $193,200
2015 $4,778 $230,800 $24,000 $206,800
2014 $4,662 $230,800 $24,000 $206,800
2013 $4,533 $230,800 $24,000 $206,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1546923

Maine Listings

APN: BTTH-000021-000000-000091