NOT LISTED FOR SALE

658 Washington St Bath, ME 04530

Estimated Value: $416,000 - $513,000

5 Beds
2.5 Baths
3,010 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $215,000 $71 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,820/month

10 Days on Market

Highlights

  • Property is near public transit
  • New Englander Architecture
  • No HOA
  • Wood Flooring
  • 1 Fireplace
  • 1-minute walk to Josephine Newman Sanctuary

About This Home

As of May 2019

Incredible investment opportunity on Bath's desirable Washington Street. Historic c. 1880 home across the street from Bath Iron Works includes a 3 bedroom/1 bath ($1,395/month) and a 2 bedroom/1.5 bath ($1,200/month). Parking easement offers additional income of $250/month for a total of $2,845/month gross income. Just minutes to downtown Bath, 15 minutes to Brunswick and 40 minutes to Portland.

Last Agent to Sell the Property

Richard Bisson

Keller Williams Realty Listed on: 04/27/2019

Last Buyer's Agent

Marlon Mungen

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,512

Year Built

  • Built in 1880

Lot Details

  • 0.36 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,010 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

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

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 147
  • Assessor Parcel Number 658WashingtonStreetBath04530

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $34,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,512

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3010.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 72.72
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3010.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: 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
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 34140.0
  • Parking:On Site2: Yes
  • Roof:Pitched: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Parking:Paved3: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Heat System:Radiator: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Parking Reserved2: Yes
  • Advertising Remarks:Advertising Remarks: Incredible investment opportunity on Bath's desirable Washington Street. Historic c. 1880 home across the street from Bath Iron Works includes a 3 bedroom/1 bath ($1,395/month) and a 2 bedroom/1.5 bath ($1,200/month). Parking easement offers additional income of $250/month for a total of $2,845/month gross income. Just minutes to downtown Bath, 15 minutes to Brunswick and 40 minutes to Portland.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Leased, On Site, Off Street
  • Parking Leased: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Hot Water, Baseboard
  • 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: 15681.6
  • Parcel #: 658WashingtonStreetBath04530
  • Zoning: C2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34140.0

Tax Info

  • Tax Annual Amount: 4512.0
  • Tax Lot: 147
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2019
Sold by
Bradford Cornelius
Bought by
Cbrad Llc
Current Estimated Value
$454,654

Purchase Details

Listed on
Apr 27, 2019
Closed on
May 24, 2019
Sold by
Moxxe Enterprises Llc
Bought by
Bradford Cornelius
Seller's Agent
Richard Bisson
Keller Williams Realty
Buyer's Agent
Marlon Mungen
Coldwell Banker Realty
List Price
$218,900
Sold Price
$215,000
Premium/Discount to List
-$3,900
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%

Purchase Details

Closed on
Jan 23, 2019
Sold by
Primer Properties Inc
Bought by
Moxxe Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Cbrad Llc -- --
Bradford Cornelius -- --
Moxxe Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moxxe Enterprises Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $215,000 -1.8% $71 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $218,900 -- $73 / 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 $5,253 $326,300 $46,600 $279,700
2024 $4,628 $280,500 $46,200 $234,300
2023 $4,977 $294,500 $42,200 $252,300
2022 $4,429 $217,100 $27,700 $189,400
2021 $4,407 $217,100 $27,700 $189,400
2020 $4,342 $217,100 $27,700 $189,400
2019 $4,299 $217,100 $27,700 $189,400
2018 $4,661 $213,800 $25,100 $188,700
2017 $4,565 $213,800 $25,100 $188,700
2016 $4,511 $213,800 $25,100 $188,700
2015 $4,426 $213,800 $25,100 $188,700
2014 $4,319 $213,800 $25,100 $188,700
2013 $4,199 $213,800 $25,100 $188,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1411799

Maine Listings

APN: BTTH-000027-000000-000143