$132,500
SOLD JAN 10, 2019

3 Spruce St Bath, ME 04530

-- Bed
-- Bath
-- Sq Ft
7,841 Sq Ft Lot

Recently Sold

6% Above List Price

9 Days on Market

Highlights

  • Post and Beam
  • Baseboard Heating
  • Carpet
  • No HOA
  • Level Lot
  • 1-Story Property

About This Home

As of January 2025

This two unit rental property has a great history for passive income! One side has been recently updated and has a steady tenant while the other side is waiting for your ideas. Both units are 2 bedroom/1 bath. Small yard, plenty of parking. Perfectly private in town location with access to wooded paths.

Last Agent to Sell the Property

Penny Lane

Sharon Drake Real Estate, Inc. Listed on: 10/09/2018

Last Buyer's Agent

Kayla Larrivee

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,656

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Post and Beam
  • Shingle Roof
  • Aluminum Siding

Flooring

  • Carpet
  • Vinyl

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

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

Additional Features

  • 1-Story Property
  • City Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number BTTH-000034-000000-000005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,656

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Directions: South on High St. to right on Tarbox. Follow Tarbox to the left and up the hill .. Property is on right. Look for sign.
  • Architectural Style: Ranch
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 1
  • Basement:Crawl Space: Yes
  • Driveway:Gravel: Yes
  • Construction:Post Beam: Yes
  • Exterior:Aluminum Siding: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space, Exterior Only
  • Fireplace: No
  • Flooring: Vinyl, Carpet

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Aluminum Siding, Post & Beam
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: BTTH-000034-000000-000005
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2656.0
  • Tax Book Number: 2017R
  • Tax Lot: 5
  • Tax Map Number: 34
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Jan 22, 2025
Sold by
Jarusewski Natalie and Crowe Alison
Bought by
Flugrad Kenneth
Seller's Agent
Alison Crowe
Dwelling In Maine
Buyer's Agent
Josie Guarino Ettridge
Keller Williams Realty
List Price
$415,000
Sold Price
$370,000
Premium/Discount to List
-$45,000
-10.84%
Views
10
Current Estimated Value
$394,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,459
Avg. Annual Appreciation
-1.36%
Original Mortgage
$360,000
Outstanding Balance
$358,058
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$8,907

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 25, 2023
Sold by
Simmler Micah D and Simmler Jenny L
Bought by
Jarusewski Natalie and Crowe Alison
Seller's Agent
Katherine Whitney
Tim Dunham Realty
Buyer's Agent
Alison Crowe
Coldwell Banker Realty
List Price
$319,000
Sold Price
$325,000
Premium/Discount to List
$6,000
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$260,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 9, 2018
Closed on
Jan 10, 2019
Sold by
Steelman Ross P
Bought by
Simmler Micah D and Simmler Jenny
Seller's Agent
Penny Lane
Sharon Drake Real Estate, Inc.
Buyer's Agent
Kayla Larrivee
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$125,000
Sold Price
$132,500
Premium/Discount to List
$7,500
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.99%
Original Mortgage
$135,680
Interest Rate
4.8%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $370,000 None Available
Warranty Deed $370,000 None Available
Warranty Deed $325,000 None Available
Warranty Deed $325,000 None Available
Warranty Deed $325,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 VA
Closed $360,000 VA
Previous Owner $260,000 Purchase Money Mortgage
Previous Owner $130,398 Stand Alone Refi Refinance Of Original Loan
Previous Owner $135,680 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $370,000 -10.8% $249 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
11/01/2024 11/01/24 For Sale $415,000 +27.7% $279 / Sq Ft
09/25/2023 09/25/23 Sold $325,000 +1.9% $218 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $319,000 +140.8% $214 / Sq Ft
01/10/2019 01/10/19 Sold $132,500 +6.0% --
10/19/2018 10/19/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $125,000 -- --
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
2024 $3,694 $223,900 $40,400 $183,500
2023 $2,834 $167,700 $36,900 $130,800
2022 $2,511 $123,100 $24,200 $98,900
2021 $2,499 $123,100 $24,200 $98,900
2020 $2,462 $123,100 $24,200 $98,900
2019 $2,437 $123,100 $24,200 $98,900
2018 $2,712 $124,400 $18,100 $106,300
2017 $2,656 $124,400 $18,100 $106,300
2016 $2,625 $124,400 $18,100 $106,300
2015 $2,575 $124,400 $18,100 $106,300
2014 $2,513 $124,400 $18,100 $106,300
2013 $2,443 $124,400 $18,100 $106,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1372404

Maine Listings

APN: BTTH-000034-000000-000005