NOT LISTED FOR SALE

18 Stacey St Bath, ME 04530

Estimated Value: $387,664 - $414,000

4 Beds
2 Baths
2,068 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $310,000 $150 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,408/month

52 Days on Market

Highlights

  • Nearby Water Access
  • Property is near public transit
  • New Englander Architecture
  • Deck
  • Wood Flooring
  • 2-minute walk to Josephine Newman Sanctuary

About This Home

As of September 2022

Amazing investment property in downtown Bath! Come see this two-unit New Englander with a proven rental history. Each unit features 2 bedrooms and a full bath, one unit per floor. Sitting on a neat and tidy lot, this property is within walking distance of Bath's historic downtown, Bath Iron Works, and the water. Come see the investment potential in this desirable and central location, call today!

Last Agent to Sell the Property

Rebecca Lowe

Cates Real Estate Listed on: 06/16/2022

Last Buyer's Agent

Michael Princiotta

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,954

Year Built

  • Built in 1860

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Farmhouse Style Home
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number BTTH-000027-000000-000169

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,918
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,954

Year Built

Built in 1860

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Route 1 turn onto Commercial Street. Take right onto Middle Street, turn left onto Stacey Street. Sign on property.
  • Above Grade Finished Sq Ft: 2068.0
  • Architectural Style: Farmhouse, New Englander
  • Garage Yn: No
  • Efficiency: Double Pane Windows, Ceiling Fans
  • Building Stories: 2
  • Year Built: 1860
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 166.83
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2068.0
  • 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
  • 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
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 28800.0
  • Income Expenses Operating Expenses: 10917.71
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Gas:Natural - At Street: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Amazing investment property in downtown Bath! Come see this two-unit New Englander with a proven rental history. Each unit features 2 bedrooms and a full bath, one unit per floor. Sitting on a neat and tidy lot, this property is within walking distance of Bath's historic downtown, Bath Iron Works, and the water. Come see the investment potential in this desirable and central location, call today! FMI contact Becky Lowe | Cates Real Estate | 207-230-4526 | becky@catesre.com | www.catesre.com
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Shopping, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Composition, Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: BTTH-000027-000000-000169
  • Zoning: R1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800.0
  • Annual Operating Expense: 10917.71

Tax Info

  • Tax Annual Amount: 2954.0
  • Tax Lot: 169
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2023
Sold by
Beam Ryan and Hayes Leah
Bought by
Balancing Door Prop Llc
Current Estimated Value
$404,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,750
Outstanding Balance
$287,049
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$117,117

Purchase Details

Listed on
Jun 16, 2022
Closed on
Sep 19, 2022
Sold by
Marquis Will and Winchenbach Sarah
Bought by
Beam Ryan and Hayes Leah
Seller's Agent
Rebecca Lowe
Cates Real Estate
Buyer's Agent
Michael Princiotta
Keller Williams Realty
List Price
$345,000
Sold Price
$310,000
Premium/Discount to List
-$35,000
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$232,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 26, 2019
Sold by
Gauvin Chris P
Bought by
Marquis Will and Winchenbach Sarah
Seller's Agent
Poe Cilley
William Raveis Real Estate
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$169,000
Sold Price
$173,500
Premium/Discount to List
$4,500
2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.81%
Original Mortgage
$130,125
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2012
Closed on
Aug 2, 2012
Sold by
Santorella Julie J
Bought by
Gauvin Chris P
Seller's Agent
S. Curtis Fish
Sharon Drake Real Estate, Inc.
Buyer's Agent
Tyra Mitchell
Dan Anderson Real Estate, Inc.
List Price
$109,000
Sold Price
$107,500
Premium/Discount to List
-$1,500
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$105,552
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2008
Sold by
Gerow Marjorie E
Bought by
Santorella Julie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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
Balancing Door Prop Llc $408,000 None Available
Balancing Door Prop Llc $408,000 None Available
Beam Ryan $310,000 None Available
Beam Ryan $310,000 None Available
Marquis Will -- --
Marquis Will -- --
Gauvin Chris P -- --
Gauvin Chris P -- --
Santorella Julie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balancing Door Prop Llc $297,750
Closed Balancing Door Prop Llc $297,750
Previous Owner Beam Ryan $232,500
Previous Owner Marquis Will $130,125
Previous Owner Gauvin Chris P $105,552
Previous Owner Santorella Julie J $102,000
Previous Owner Santorella Julie J $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2022 09/19/22 Sold $310,000 -10.1% $150 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $345,000 +98.8% $167 / Sq Ft
08/26/2019 08/26/19 Sold $173,500 +2.7% $86 / Sq Ft View Prior Sale
07/18/2019 07/18/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $169,000 +57.2% $84 / Sq Ft
07/31/2012 07/31/12 Sold $107,500 -1.4% $53 / Sq Ft View Prior Sale
06/18/2012 06/18/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $109,000 -- $54 / 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
2025 $3,990 $247,800 $35,400 $212,400
2024 $3,655 $221,500 $35,000 $186,500
2023 $3,339 $197,600 $32,000 $165,600
2022 $2,968 $145,500 $21,000 $124,500
2021 $2,954 $145,500 $21,000 $124,500
2020 $2,910 $145,500 $21,000 $124,500
2019 $2,881 $145,500 $21,000 $124,500
2018 $3,039 $139,400 $18,200 $121,200
2017 $2,976 $139,400 $18,200 $121,200
2016 $2,941 $139,400 $18,200 $121,200
2015 $2,886 $139,400 $18,200 $121,200
2014 $2,816 $139,400 $18,200 $121,200
2013 $2,738 $139,400 $18,200 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1532758

Maine Listings

APN: BTTH-000027-000000-000169

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