NOT LISTED FOR SALE

4 Elm Street Ct Bath, ME 04530

Estimated Value: $405,459 - $563,000

5 Beds
3 Baths
3,580 Sq Ft
$132/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $321,200 $90 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,667/month

4 Days on Market

Highlights

  • New Englander Architecture
  • No HOA
  • Carpet
  • Corner Lot
  • Zoned Heating
  • 3-minute walk to Library Park

About This Home

As of April 2022

Opportunity knocks! Here's your chance to own a 3 unit building with strong rental history. Located within walking distance to BIW and downtown. Don't judge a book by its cover! All units have been updated over the last ten years, newer kitchens and bathrooms, washer and dryer hook ups. Each unit has about a 1000sqft of living space. This building awaits your improvements so you can maximize rents to market rates. Group Showings as follows:
Friday 2/18 3-5pm, Sat 2/19 10-12 and Monday 2/21 3-5pm

Last Agent to Sell the Property

Robert Whisenant

RE/MAX Riverside Listed on: 02/17/2022

RE/MAX Riverside

Last Buyer's Agent

Nancy Carleton

CHR Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1890

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3 Full Bathrooms
  • 3,580 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 228
  • Assessor Parcel Number BTTH-000026-000000-000228

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,511
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,045

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • MLS Status: Closed
  • Directions: From Washington St to Elm Street to left onto Elm Street Court.
  • Above Grade Finished Sq Ft: 3580.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3580.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 45600.0
  • Income Expenses Operating Expenses: 11511.0
  • Parking:On Site2: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 3
  • Flooring: Laminate, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Intown
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: BTTH-000026-000000-000228
  • Zoning: Res

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 45600.0
  • Annual Operating Expense: 11511.0

Tax Info

  • Tax Annual Amount: 3045.0
  • Tax Book Number: 2020R
  • Tax Lot: 228
  • Tax Map Number: 26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 8, 2022
Sold by
4 Elm Street Court Llc
Bought by
Gould Jennifer L
Seller's Agent
Robert Whisenant
RE/MAX Riverside
Buyer's Agent
Nancy Carleton
CHR Realty
List Price
$325,000
Sold Price
$321,200
Premium/Discount to List
-$3,800
-1.17%
Current Estimated Value
$419,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,575
Avg. Annual Appreciation
9.48%
Original Mortgage
$240,900
Outstanding Balance
$229,139
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,748

Purchase Details

Closed on
Sep 1, 2017
Sold by
Clancy Joseph P
Bought by
Ship City Holdings Llc

Purchase Details

Listed on
Jan 23, 2015
Closed on
May 29, 2015
Sold by
Elm St Prop Mgmt Llc
Bought by
Clancy 3Rd Joseph P
Seller's Agent
Robert Whisenant
RE/MAX Riverside
Buyer's Agent
Robert Whisenant
RE/MAX Riverside
List Price
$149,900
Sold Price
$138,000
Premium/Discount to List
-$11,900
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$138,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Gould Jennifer L $321,200 None Available
Ship City Holdings Llc -- --
Clancy 3Rd Joseph P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gould Jennifer L $240,900
Previous Owner Ship City Holdings Llc $575,000
Previous Owner Ship City Holdings Llc $285,000
Previous Owner Ship City Holdings Llc $46,500
Previous Owner Clancy 3Rd Joseph P $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $321,200 -1.2% $90 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $325,000 +135.5% $91 / Sq Ft
05/27/2015 05/27/15 Sold $138,000 -7.9% $43 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $149,900 +139.8% $47 / Sq Ft
07/18/2013 07/18/13 Sold $62,500 -21.9% $18 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $80,000 -- $23 / 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
2024 $4,184 $253,600 $46,100 $207,500
2023 $3,346 $198,000 $37,500 $160,500
2022 $3,060 $150,000 $29,500 $120,500
2021 $3,045 $150,000 $29,500 $120,500
2020 $3,000 $150,000 $29,500 $120,500
2019 $2,970 $150,000 $29,500 $120,500
2018 $3,026 $138,800 $20,500 $118,300
2017 $2,963 $138,800 $20,500 $118,300
2016 $2,929 $138,800 $20,500 $118,300
2015 $3,144 $151,900 $20,500 $131,400
2014 $3,068 $151,900 $20,500 $131,400
2013 -- $151,900 $20,500 $131,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1519903

Maine Listings

APN: BTTH-000026-000000-000228