NOT LISTED FOR SALE

28 Tower Cir Bath, ME 04530

Estimated Value: $303,297 - $406,000

5 Beds
2 Baths
2,190 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $172,500 $79 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,075/month

223 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Fenced
  • Main Floor Bedroom
  • Property is near a golf course
  • Level Lot

About This Home

As of May 2020

Rentals are very much in demand here is your chance to get a well maintained Duplex with off street parking for both units in beautiful downtown Bath. Unit is located in Lambert Park. 1st unit uses propane for heat installed 2009. Both units are currently rented. Great opportunity to owner occupy one unit and rent the other one, each unit has its own electric service and their own heat. New roof 2018, don't miss out on this one!!!

Last Agent to Sell the Property

Gabriel Coulon

William Raveis Real Estate Listed on: 03/12/2020

Last Buyer's Agent

Lisa Zlomke

Shore & Country Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,794

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,190 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • Property is near a golf course
  • Suburban Location
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number BTTH-000019-000000-000110

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,176
  • Gross Income $20,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,794

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Head North on High St for 1.2 miles and take a left on Denny Rd, then right on Tower Circle. # 28-30 is on your left.
  • Above Grade Finished Sq Ft: 2190.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2190.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: 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
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Location:Suburban: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 20040.0
  • Income Expenses Operating Expenses: 4176.0
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Intown, Near Golf Course, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot 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: 7405.2
  • Parcel #: BTTH-000019-000000-000110
  • Zoning: R1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20040.0
  • Annual Operating Expense: 4176.0

Tax Info

  • Tax Annual Amount: 1793.5
  • Tax Book Number: 2906
  • Tax Lot: 110
  • Tax Map Number: 19
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
May 29, 2020
Sold by
Tropeano Bruno R
Bought by
Jones Aaron M
Seller's Agent
Gabriel Coulon
William Raveis Real Estate
Buyer's Agent
Lisa Zlomke
Shore & Country Real Estate
List Price
$199,900
Sold Price
$172,500
Premium/Discount to List
-$27,400
-13.71%
Current Estimated Value
$339,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,324
Avg. Annual Appreciation
13.40%
Original Mortgage
$169,375
Outstanding Balance
$150,418
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$189,406

Purchase Details

Closed on
Sep 4, 2007
Sold by
Demers-Snow Jessica J
Bought by
Tropeano Bruno R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,250
Interest Rate
6.71%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Jones Aaron M -- None Available
Tropeano Bruno R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Aaron M $169,375
Previous Owner Tropeano Bruno R $13,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $172,500 -13.7% $79 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
08/08/2019 08/08/19 For Sale $199,900 -- $91 / 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
2024 $3,272 $198,300 $49,700 $148,600
2023 $2,890 $171,000 $40,300 $130,700
2022 $2,648 $129,800 $31,700 $98,100
2021 $2,635 $129,800 $31,700 $98,100
2020 $2,596 $129,800 $31,700 $98,100
2019 $2,570 $129,800 $31,700 $98,100
2018 $2,180 $100,000 $24,000 $76,000
2017 $2,135 $100,000 $24,000 $76,000
2016 $2,110 $100,000 $24,000 $76,000
2015 $2,728 $131,800 $24,000 $107,800
2014 $2,662 $131,800 $24,000 $107,800
2013 $2,589 $131,800 $24,000 $107,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1428510

Maine Listings

APN: BTTH-000019-000000-000110