Seller's Agent in 2022
Jeffrey Mateja
Keller Williams Realty
(207) 879-9800
733 Total Sales
--
Bed
4
Baths
2,904
Sq Ft
8,276
Sq Ft Lot
Highlights
- Nearby Water Access
- Corner Lot
- Property is near shops
- Deck
- No HOA
- Vinyl Flooring
About This Home
As of August 2022Excellent investment opportunity in this 4 unit multi-family home in Bath! Positive cash flow, gross rent multiplier of 9, and a cap rate of 9, this property is performing better than many on the market. Well maintained with a low vacancy rate. Plenty of off street parking for tenants. Located on the northern side of Bath, this property is walking distance to downtown, but an easy commute to Bath Iron Works. You won't want to miss this!
Last Buyer's Agent
Rick Meisenbach
Engel & Volkers Casco Bay
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,578
Year Built
- Built in 1890
Lot Details
- 8,276 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Wood Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 4 Full Bathrooms
- 2,904 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Flooring
- Laminate
- Vinyl
Basement
- Walk-Out Basement
- Partial Basement
- Exterior Basement Entry
- Sump Pump
- Dirt Floor
- Crawl Space
Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- Deep Water Access
- River Nearby
- Deck
Location
- Property is near shops
- City Lot
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Tax Lot 47
- Assessor Parcel Number BTTH-000026-000000-000047
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $9,858
- Gross Income $37,500
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2022
Closed on
Aug 12, 2022
Sold by
Bought by
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Rick Meisenbach
Engel & Volkers Casco Bay
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,640
Interest Rate
0.057%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
May 18, 2019
Closed on
Aug 6, 2019
Sold by
Bought by
Seller's Agent
Douglas Boyden
Shore & Country Real Estate
Buyer's Agent
Kirk Kennedy
Armentrout Select Realty of Maine
List Price
$325,000
Sold Price
$325,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%
Original Mortgage
$319,113
Interest Rate
0.0373%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 26, 2016
Sold by
Bought by
Purchase Details
Closed on
Jan 29, 2016
Sold by
Bought by
Purchase Details
Listed on
Mar 23, 2012
Closed on
Jun 4, 2012
Sold by
Bought by
Seller's Agent
Diane Moyer
RE/MAX Riverside
Buyer's Agent
Melody Main
AllMaineHomes, LLC
List Price
$179,900
Sold Price
$171,250
Premium/Discount to List
-$8,650
-4.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
0.0313%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $490,000 | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $507,640 | ||
| Previous Owner | $319,113 | ||
| Previous Owner | $93,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $490,000 | +3.2% | $169 / Sq Ft | |
| 06/05/2022 06/05/22 | Pending | -- | -- | -- | |
| 02/28/2022 02/28/22 | For Sale | $475,000 | +46.2% | $164 / Sq Ft | |
| 08/06/2019 08/06/19 | Sold | $325,000 | 0.0% | $112 / Sq Ft | View Prior Sale |
| 06/18/2019 06/18/19 | Pending | -- | -- | -- | |
| 05/18/2019 05/18/19 | For Sale | $325,000 | +89.8% | $112 / Sq Ft | |
| 05/31/2012 05/31/12 | Sold | $171,250 | -4.8% | $59 / Sq Ft | View Prior Sale |
| 04/02/2012 04/02/12 | Pending | -- | -- | -- | |
| 03/26/2012 03/26/12 | For Sale | $179,900 | -- | $62 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,187 | $508,500 | $79,900 | $428,600 |
| 2024 | $7,745 | $469,400 | $79,100 | $390,300 |
| 2023 | $6,456 | $382,000 | $64,300 | $317,700 |
| 2022 | $4,600 | $225,500 | $50,600 | $174,900 |
| 2021 | $4,578 | $225,500 | $50,600 | $174,900 |
| 2020 | $4,510 | $225,500 | $50,600 | $174,900 |
| 2019 | $4,465 | $225,500 | $50,600 | $174,900 |
| 2018 | $4,377 | $200,800 | $24,900 | $175,900 |
| 2017 | $4,287 | $200,800 | $24,900 | $175,900 |
| 2016 | $4,237 | $200,800 | $24,900 | $175,900 |
| 2015 | $4,157 | $200,800 | $24,900 | $175,900 |
| 2014 | $4,056 | $200,800 | $24,900 | $175,900 |
| 2013 | $3,944 | $200,800 | $24,900 | $175,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Mateja
-
Katherine Azimi
K
Seller Co-Listing Agent in 2022
Katherine Azimi
Signature Homes Real Estate Group, LLC
(207) 205-5487
90 Total Sales
-
R
Buyer's Agent in 2022
Rick Meisenbach
Engel & Volkers Casco Bay
-
Richard Meisenbach
Buyer's Agent in 2022
Richard Meisenbach
Keller Williams Realty
(207) 841-9863
19 Total Sales
-
D
Seller's Agent in 2019
Douglas Boyden
Shore & Country Real Estate
-
K
Buyer's Agent in 2019
Kirk Kennedy
Armentrout Select Realty of Maine
Map
Source: Maine Listings
MLS Number: 1520570
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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