$474,000
SOLD MAR 19, 2025

37 Court St Bath, ME 04530

-- Bed
3.5 Baths
3,278 Sq Ft
0.31 Acres

Recently Sold

$145 Per Sq Ft

20% Below List Price

8 Days on Market

Highlights

  • Nearby Water Access
  • Greek Revival Architecture
  • Attic
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of March 2025

Come see this well maintained 4 UNIT conveniently located in the heart of downtown Bath! This mixed use property consists of 2 commercial units on the first floor and 2 residential units on the second floor affording the new owner/investor with a myriad of tenancy options. Live in one of the residential units and have the other 3 units contribute to your mortgage or if you're looking to relocate your business, live in one of the upstairs units and setup your business in one of the first floor units making for a quick and convenient commute to work! This property also benefits from plenty of off-street parking and a 4 car garage, which could be additional rental income. Steeped in maritime history and home to Bath Iron Works, the City of Ships has a vibrant downtown complete with retail shopping, restaurants, public library, cafes and a wonderful waterfront park sited on the banks of the Kennebec River. Call to schedule your private viewing and come see all that this property and location have to offer.

Last Agent to Sell the Property

Tyson Soule

Vitalius Real Estate Group, LLC Listed on: 01/30/2025

Co-Listed By

Poe Cilley

Vitalius Real Estate Group

Last Buyer's Agent

James Benoit

Downeast Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,938

Year Built

  • Built in 1930

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 4 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Greek Revival Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,278 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Location

  • City Lot

Utilities

  • Cooling Available
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number BTTH-000028-000000-000112

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $15,438
  • Gross Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,938

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Road Surface Type: Paved
  • Co List Office Phone: 207-841-3755
  • MLS Status: Closed
  • Directions: US Route 1 North, exit right on High Street (ME 209) and stop sign take left on High Street. At the next stop sign, left on Court Street. Property is on right.
  • Above Grade Finished Sq Ft: 3278.0
  • Architectural Style: Greek Revival
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 181.51
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.31
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3278.0
  • Property Information:Garage: Yes
  • 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:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 64800.0
  • Income Expenses Operating Expenses: 15438.0
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Roof:RolledHot Mop: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Electric:Fuses: Yes
  • Building Info:_pound_ Floors3: 2
  • Style:Greek-Revival: Yes
  • Advertising Remarks:Advertising Remarks: Come see this well maintained 4 UNIT conveniently located in the heart of downtown Bath! This mixed use property consists of 2 commercial units on the first floor and 2 residential units on the second floor affording the new owner/investor with a myriad of tenancy options. Live in one of the residential units and have the other 3 units contribute to your mortgage or if you're looking to relocate your business, live in one of the upstairs units and setup your business in one of the first floor units making for a quick and convenient commute to work! This property also benefits from plenty of off-street parking and a 4 car garage, which could be additional rental income. Steeped in maritime history and home to Bath Iron Works, the City of Ships has a vibrant downtown complete with retail shopping, restaurants, public library, cafes and a wonderful waterfront park sited on the banks of the Kennebec River. Call to schedule your private viewing and come see all that this property and location have to offer.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Heat System:Zoned: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior, Full, Partial, Bulkhead
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl
  • Interior Amenities: Attic, Pantry, Storage
  • Stories: 2
  • Window Features: Double Pane Windows
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Well Landscaped, Open, Level, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Pitched, Rolled/Hot Mop, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes
  • Window Features:Double Pane Windows2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Zoned, Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: BTTH-000028-000000-000112
  • Zoning: C-2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 64800.0
  • Annual Operating Expense: 15438.0

Tax Info

  • Tax Annual Amount: 6938.0
  • Tax Lot: 112
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Mar 19, 2025
Sold by
Hall Bay Llc
Bought by
37 Cort St Reaty Llc
Seller's Agent
Tyson Soule
Vitalius Real Estate Group, LLC
Buyer's Agent
James Benoit
Downeast Realty, Inc.
List Price
$595,000
Sold Price
$474,000
Premium/Discount to List
-$121,000
-20.34%
Views
40
Current Estimated Value
$499,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,520
Avg. Annual Appreciation
8.02%
Original Mortgage
$285,000
Outstanding Balance
$283,300
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$216,220
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quit Claim Deed $474,000 None Available
Quit Claim Deed $474,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 Purchase Money Mortgage
Closed $285,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2025 03/19/25 Sold $474,000 -20.3% $145 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $595,000 -- $182 / 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
2025 $7,078 $439,600 $86,500 $353,100
2024 $6,938 $420,500 $85,700 $334,800
2023 $5,766 $341,200 $69,600 $271,600
2022 $6,114 $299,700 $54,800 $244,900
2021 $6,084 $299,700 $54,800 $244,900
2020 $5,994 $299,700 $54,800 $244,900
2019 $5,934 $299,700 $54,800 $244,900
2018 $5,332 $244,600 $66,000 $178,600
2017 $5,222 $244,600 $66,000 $178,600
2016 $5,161 $244,600 $66,000 $178,600
2015 $5,063 $244,600 $66,000 $178,600
2014 $4,941 $244,600 $66,000 $178,600
2013 $4,804 $244,600 $66,000 $178,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1613477

Maine Listings

APN: BTTH-000028-000000-000112