T
Seller's Agent in 2024
Tiana Lacombe
Hearth & Key Realty
(207) 312-9649
1 in this area
113 Total Sales
Estimated Value: $413,000 - $596,702
8
Beds
3.5
Baths
3,141
Sq Ft
$162/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- New Englander Architecture
- 1 Car Detached Garage
- Deck
- No HOA
- Interior Lot
About This Home
As of January 2024Welcome to an exceptional investment opportunity in Bath, Maine! This multi-unit property is not only a promising venture for investors but also an enticing prospect for those considering owner occupancy.
One of the standout features of this property is its proximity to Bath Iron Works that is just minutes away. Some recent updates include, storm doors, new windows, refreshed flooring and paint. The property also features a large driveway with a one car garage.
This well cared for 3 Unit stands as a compelling investment property in Bath's Historic District, offering a blend of historic charm, modern updates, and proximity to key local employers. Whether you're an investor seeking a promising addition to your portfolio or someone considering owner occupancy in one of Maine's most charming districts, this property presents a golden opportunity. Schedule your Private Tour today!
Last Agent to Sell the Property
Hearth & Key Realty Brokerage Phone: 207-223-6325 Listed on: 12/14/2023
Last Buyer's Agent
Sydney Harrison
Bean Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,298
Year Built
- Built in 1890
Lot Details
- 6,534 Sq Ft Lot
- Landscaped
- Interior Lot
- Level Lot
- Open Lot
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- 3,141 Sq Ft Home
- New Englander Architecture
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Flooring
- Carpet
- Laminate
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Sump Pump
- Dirt Floor
Location
- The property is located in a historic district
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- Deck
Listing and Financial Details
- Tax Block 037
- Assessor Parcel Number BTTH-000021-000000-000037
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $15,718
- Gross Income $70,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2023
Closed on
Jan 19, 2024
Sold by
Elwell Christin J
Bought by
Hinckley Isabelle and Crans Chandler
Seller's Agent
Tiana Lacombe
Hearth & Key Realty
Buyer's Agent
Sydney Harrison
Bean Group
List Price
$424,500
Sold Price
$475,000
Premium/Discount to List
$50,500
11.9%
Views
1
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
$69,668
Avg. Annual Appreciation
3.52%
Original Mortgage
$466,396
Outstanding Balance
$457,930
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$50,246
Purchase Details
Closed on
May 29, 2012
Sold by
Elwell David A and Elwell Victoria A
Bought by
Elwell Christin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 15, 2008
Sold by
Kennebec Landing Llc
Bought by
Elwell David A and Elwell Victoria A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Hinckley Isabelle | $475,000 | None Available | |
| Elwell Christin J | -- | -- | |
| Elwell David A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hinckley Isabelle | $466,396 | |
| Previous Owner | Elwell Christin J | $160,000 | |
| Previous Owner | Elwell David A | $190,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/19/2024 01/19/24 | Sold | $475,000 | +11.9% | $151 / Sq Ft |
| 12/18/2023 12/18/23 | Pending | -- | -- | -- |
| 12/14/2023 12/14/23 | For Sale | $424,500 | -- | $135 / 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 |
|---|---|---|---|---|
| 2025 | $5,899 | $366,400 | $65,400 | $301,000 |
| 2024 | $5,658 | $342,900 | $62,400 | $280,500 |
| 2023 | $4,298 | $254,300 | $54,600 | $199,700 |
| 2022 | $3,784 | $185,500 | $33,700 | $151,800 |
| 2021 | $3,766 | $185,500 | $33,700 | $151,800 |
| 2020 | $3,710 | $185,500 | $33,700 | $151,800 |
| 2019 | $3,673 | $185,500 | $33,700 | $151,800 |
| 2018 | $4,774 | $219,000 | $23,100 | $195,900 |
| 2017 | $4,676 | $219,000 | $23,100 | $195,900 |
| 2016 | $4,621 | $219,000 | $23,100 | $195,900 |
| 2015 | $4,966 | $239,900 | $23,100 | $216,800 |
| 2014 | $4,846 | $239,900 | $23,100 | $216,800 |
| 2013 | $4,712 | $239,900 | $23,100 | $216,800 |
Source: Public Records
Agents Affiliated with this Home
-
Tiana Lacombe
-
S
Buyer's Agent in 2024
Sydney Harrison
Bean Group
Map
Source: Maine Listings
MLS Number: 1579186
APN: BTTH-000021-000000-000037
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