Thomas Gadbois
F.O. Bailey Real Estate
(207) 560-4919
139 Total Sales
1 in Bath
$510,000 Price
Estimated Value: $638,846
Studio
5
Baths
6,822
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- The property is located in a historic district
- Wood Flooring
- Country Club
- Greek Revival Architecture
- No HOA
About This Home
As of July 2025NEW PRICE! INVESTORS AND DEVELOPERS TAKE NOTE! Prime 5-unit property with spare lot. Situated in the heart of downtown Bath, 3 minutes to Bath Iron Works and just uphill from the iconic Chocolate Church on historic Washington Street. Built circa 1880, the property generates $94,685 annual gross income from four residential apartments, one office space and 9 rented parking spaces. Just 3 minutes to Bath Iron Works (BIW), 13 minutes to Maine Street Brunswick and 38 minutes to Portland.
Last Agent to Sell the Property
Keller Williams Realty Brokerage Phone: 2073194162 Listed on: 05/13/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,529
Year Built
- Built in 1880
Lot Details
- 31,799 Sq Ft Lot
- Open Lot
- Lot Has A Rolling Slope
Home Design
- Greek Revival Architecture
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 5 Full Bathrooms
- 6,822 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
- Vinyl
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
Outdoor Features
- Nearby Water Access
- Property is near a beach
Location
- Property is near golf course and shops
- The property is located in a historic district
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Electricity To Lot Line
- Natural Gas Not Available
- Electric Water Heater
Listing and Financial Details
- Tax Lot 163 &163-01
- Assessor Parcel Number BTTH-000026-000000-000163
Community Details
Overview
- No Home Owners Association
- 5 Units
Recreation
- Country Club
Building Details
- Operating Expense $31,625
- Gross Income $96,480
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2025
Closed on
Jul 22, 2025
Sold by
Bought by
Seller's Agent
Rick Bisson
Keller Williams Realty
Buyer's Agent
Thomas Gadbois
F.O. Bailey Real Estate
List Price
$650,000
Sold Price
$510,000
Premium/Discount to List
-$140,000
-21.54%
Views
14
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
$128,846
Original Mortgage
$576,000
Outstanding Balance
$570,485
Interest Rate
6.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 14, 2016
Sold by
Bought by
Purchase Details
Closed on
Nov 26, 2008
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bath, ME
-
Thomas Gadbois
-
Albert Edwards
Albert Edwards
Coldwell Banker Realty
(207) 560-0540
31 Total Sales
2 in Bath
$279K - $400K Price Range
-
Tara Oliver
Tara Oliver
Keller Williams Realty
(207) 687-1858
45 Total Sales
1 in Bath
$400,000 Price
-
Marsha DeCosta
Marsha DeCosta
Tim Dunham Realty
(207) 687-1328
138 Total Sales
5 in Bath
$150K - $410K Price Range
-
Sam Prindle
Sam Prindle
Tim Dunham Realty
(833) 366-7860
114 Total Sales
4 in Bath
$230K - $444K Price Range
-
Nancy Carleton
Nancy Carleton
Vitalius Real Estate Group
(207) 386-3805
156 Total Sales
45 in Bath
$70K - $1.5M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $510,000 | -- | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $576,000 | ||
| Previous Owner | $252,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Sold | $510,000 | -21.5% | $75 / Sq Ft |
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | Price Changed | $650,000 | 0.0% | $95 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $650,000 | +27.5% | $95 / Sq Ft |
| 04/15/2025 04/15/25 | Off Market | $510,000 | -- | -- |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 02/25/2025 02/25/25 | For Sale | $800,000 | -- | $117 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,691 | $105,000 | $90,000 | $15,000 |
| 2024 | $1,714 | $103,900 | $88,900 | $15,000 |
| 2023 | $1,151 | $68,100 | $56,800 | $11,300 |
| 2022 | $1,142 | $56,000 | $44,700 | $11,300 |
| 2021 | $1,137 | $56,000 | $44,700 | $11,300 |
| 2020 | $1,120 | $56,000 | $44,700 | $11,300 |
| 2019 | $1,109 | $56,000 | $44,700 | $11,300 |
| 2018 | $1,212 | $55,600 | $43,200 | $12,400 |
| 2017 | $1,187 | $55,600 | $43,200 | $12,400 |
| 2016 | $1,173 | $55,600 | $43,200 | $12,400 |
| 2015 | $1,300 | $62,800 | $50,400 | $12,400 |
| 2014 | $1,269 | $62,800 | $50,400 | $12,400 |
| 2013 | $1,233 | $62,800 | $50,400 | $12,400 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Bisson
Seller's Agent in 2025
Rick Bisson
Keller Williams Realty
(207) 317-0366
213 Total Sales
-
Thomas Gadbois
Buyer's Agent in 2025
Thomas Gadbois
F.O. Bailey Real Estate
(207) 409-8339
139 Total Sales
Map
Source: Maine Listings
MLS Number: 1614975
APN: BTTH-000026-000000-000163-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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