NOT LISTED FOR SALE

58 Winship St Bath, ME 04530

Estimated Value: $366,000 - $452,000

6 Beds
2.5 Baths
2,114 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $185,000 $88 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,554/month

130 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Hot Water Heating System
  • Main Floor Bedroom
  • Forced Air Heating System
  • Property is near a golf course

About This Home

As of November 2018

Bath duplex with 3 bedrooms per unit. Many recent updates, excellent rental history, on a dead end street. Current monthly rent for 2 units is $2168. Landlord pays heat, water & sewer. Net income for 2017 (pre depreciation & debt service) $16,263! Details available. Nice back yard, great location!

Last Agent to Sell the Property

Michael Feldman

Coldwell Banker Realty Listed on: 04/20/2018

Last Buyer's Agent

Mike Feldman

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,403

Year Built

  • Built in 1920

Lot Details

  • 8,712

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,114 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • Main Floor Bedroom

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System

Additional Features

  • 8,712 Sq Ft Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 98

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,753
  • Gross Income $26,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,403

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • MLS Status: Closed
  • Directions: High St North, right on Winship Street. House on right at end of dead end st.
  • Above Grade Finished Sq Ft: 2114.0
  • Architectural Style: Duplex, Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 87.51
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2114.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 26016.0
  • Income Expenses Operating Expenses: 9753.0
  • Style:Colonial: Yes
  • Style:Duplex: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Bath duplex with 3 bedrooms per unit. Many recent updates, excellent rental history, on a dead end street. Current monthly rent for 2 units is $2168. Landlord pays heat, water & sewer. Net income for 2017 (pre depreciation & debt service) $16,263! Details available. Nice back yard, great location!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Partial, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2

Exterior Features

  • Lot Features: Near Golf Course, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 999999
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26016.0
  • Annual Operating Expense: 9753.0

Tax Info

  • Tax Annual Amount: 3403.0
  • Tax Lot: 98
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Nov 5, 2018
Sold by
Caroline K Russell Ret
Bought by
Sprague Destie H and Sprague George R
Seller's Agent
Michael Feldman
Coldwell Banker Realty
Buyer's Agent
Mike Feldman
Coldwell Banker Residential Brokerage
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Current Estimated Value
$402,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,742
Avg. Annual Appreciation
11.63%
Original Mortgage
$138,000
Outstanding Balance
$120,355
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$282,387

Purchase Details

Listed on
May 29, 2011
Closed on
Feb 29, 2012
Sold by
Kennebec Landing Llc
Bought by
C Kneessy Russell Ret
Seller's Agent
Joan Chrane
RE/MAX Riverside
Buyer's Agent
Mike Feldman
Coldwell Banker Residential Brokerage
List Price
$169,000
Sold Price
$144,000
Premium/Discount to List
-$25,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$106,500
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sprague Destie H -- --
C Kneessy Russell Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprague Destie H $138,000
Previous Owner C Kneessy Russell Ret $106,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2018 11/02/18 Sold $185,000 -7.0% $88 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $199,000 +38.2% $94 / Sq Ft
02/28/2012 02/28/12 Sold $144,000 -14.8% $68 / Sq Ft View Prior Sale
01/26/2012 01/26/12 Pending -- -- --
06/02/2011 06/02/11 For Sale $169,000 -- $80 / 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 $5,200 $323,000 $71,100 $251,900
2024 $4,584 $277,800 $67,800 $210,000
2023 $4,112 $243,300 $59,300 $184,000
2022 $3,541 $173,600 $36,700 $136,900
2021 $3,524 $173,600 $36,700 $136,900
2020 $3,472 $173,600 $36,700 $136,900
2019 $3,437 $173,600 $36,700 $136,900
2018 $3,475 $159,400 $25,300 $134,100
2017 $3,403 $159,400 $25,300 $134,100
2016 $3,363 $159,400 $25,300 $134,100
2015 $3,300 $159,400 $25,300 $134,100
2014 $3,220 $159,400 $25,300 $134,100
2013 $3,131 $159,400 $25,300 $134,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1346230

Maine Listings

APN: BTTH-000014-000000-000098