M
Seller's Agent in 2021
Michael Princiotta
Keller Williams Realty
21 in this area
154 Total Sales
Estimated Value: $480,000 - $586,000
5
Beds
2
Baths
2,618
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- Docks
- River Front
- Wood Flooring
- Nearby Water Access
- Colonial Architecture
- Main Floor Bedroom
About This Home
As of June 2021Welcome to 3 Drummond Point in Historic Bath, ME. This income producing two unit could be converted back to a stately single family home or live in one and rent out the other! This property boasts a large lot with views of the mighty Kennebec River. Also conveniently located a short walk to the North End boat launch and downtown! The home offers hardwood floors, separate heat and electric - with new boilers in the last 5 years, private off street parking for both units as well as a new roof! Group showings will be Friday (9th) 5pm-6pm, Saturday (10th) 10am-12pm and Sunday (11th) 11am-1pm.
Last Buyer's Agent
Katie Parish
Century 21 North East
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,556
Year Built
- Built in 1790
Lot Details
- 0.36 Acre Lot
- River Front
- Corner Lot
- Level Lot
- Open Lot
Property Views
- Water
- Scenic Vista
Home Design
- Colonial Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,618 Sq Ft Home
- 3-Story Property
- 1 Fireplace
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Unfinished Basement
- Exterior Basement Entry
- Dirt Floor
Parking
- Driveway
- Paved Parking
- On-Site Parking
Accessible Home Design
- Accessible Approach with Ramp
Outdoor Features
- Nearby Water Access
- Deep Water Access
- Mooring
- Docks
- Outbuilding
- Porch
Location
- Property is near a golf course
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Propane
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
- Internet Available
Listing and Financial Details
- Tax Lot 335
- Assessor Parcel Number BTTH-000020-000000-000335
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $3,500
- Gross Income $26,940
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2021
Closed on
Jun 3, 2021
Sold by
Drummond Point Llc
Bought by
Fraser Melissa C and Lorber Max W
Seller's Agent
Michael Princiotta
Keller Williams Realty
Buyer's Agent
Katie Parish
Century 21 North East
List Price
$299,000
Sold Price
$340,000
Premium/Discount to List
$41,000
13.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,589
Avg. Annual Appreciation
10.71%
Original Mortgage
$282,200
Outstanding Balance
$256,607
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$267,317
Purchase Details
Listed on
Feb 23, 2016
Closed on
Apr 4, 2017
Sold by
Parsons-Mank Chris L
Bought by
Drummond Point Llc
Seller's Agent
S. Curtis Fish
Sharon Drake Real Estate, Inc.
Buyer's Agent
Steven Chicoine
Rizzo Mattson
List Price
$249,900
Sold Price
$224,000
Premium/Discount to List
-$25,900
-10.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Purchase Details
Closed on
Aug 10, 2006
Sold by
James Paul D and James Donna A
Bought by
Parsons-Mank Chris L and Mank Williams S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.8%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fraser Melissa C | -- | None Available | |
| Drummond Point Llc | -- | -- | |
| Parsons-Mank Chris L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lorber Max W | $100,000 | |
| Open | Fraser Melissa C | $282,200 | |
| Previous Owner | Parsons-Mank Chris L | $230,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2021 06/03/21 | Sold | $340,000 | +13.7% | $130 / Sq Ft |
| 04/13/2021 04/13/21 | Pending | -- | -- | -- |
| 04/08/2021 04/08/21 | For Sale | $299,000 | +33.5% | $114 / Sq Ft |
| 03/31/2017 03/31/17 | Sold | $224,000 | -10.4% | $86 / Sq Ft |
| 01/12/2017 01/12/17 | Pending | -- | -- | -- |
| 02/23/2016 02/23/16 | For Sale | $249,900 | -- | $95 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $5,965 | $361,500 | $120,000 | $241,500 |
| 2023 | $5,482 | $324,400 | $104,900 | $219,500 |
| 2022 | $4,647 | $227,800 | $64,900 | $162,900 |
| 2021 | $4,624 | $227,800 | $64,900 | $162,900 |
| 2020 | $4,556 | $227,800 | $64,900 | $162,900 |
| 2019 | $4,510 | $227,800 | $64,900 | $162,900 |
| 2018 | $5,106 | $234,200 | $42,900 | $191,300 |
| 2017 | $5,000 | $234,200 | $42,900 | $191,300 |
| 2016 | $4,942 | $234,200 | $42,900 | $191,300 |
| 2015 | $4,848 | $234,200 | $42,900 | $191,300 |
| 2014 | $4,731 | $234,200 | $42,900 | $191,300 |
| 2013 | $4,600 | $234,200 | $42,900 | $191,300 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Princiotta
-
K
Buyer's Agent in 2021
Katie Parish
Century 21 North East
-
K
Buyer's Agent in 2021
Katie Thibodeau
Landing Real Estate
-
S. Curtis Fish
Seller's Agent in 2017
S. Curtis Fish
Sharon Drake Real Estate, Inc.
(207) 443-4444
35 in this area
182 Total Sales
-
S
Buyer's Agent in 2017
Steven Chicoine
Rizzo Mattson
Map
Source: Maine Listings
MLS Number: 1487001
APN: BTTH-000020-000000-000335
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