Home for Sale at 1302 High Street, Bath, ME 04530

1302 High Street
Bath, ME 04530

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Property Details

List Price:	$640,000
Beds:	3
Baths:	2
Status:	Active
SqFt:	2206
Agency:	Portside Real Estate Group
Agency Phone:	(207) 619-7571

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	1759
Notes:	Historic charmer + naturalist/gardener's dream. Meticulously maintained c. 1755 Cape is surrounded by scenic conserved land and enjoys birds, wildlife, trees, shrubs, stone walkways, and garden beds. Close to downtown but sits on a private 1-acre lot that includes a paved drive, 2-car garage & modern studio space and separate large workshop building--both complete with heat pumps for year-round use. <br /> <br /> This historic Cape has a rich history as one of the first 12 buildings in the Long Reach section of Bath, and served as a one of Bath's first taverns, named Lambert Tavern after its builder. Here in Revolutionary War times, one of the King's agents who was cutting lumber for the King's Dock at the end of nearby Harward street was detained for several days before he was returned to the British in exchange for a Bath man.<br /> <br /> Several generations since, this home has been lovingly maintained by the same owners for over 30 years and includes a modern kitchen with quality custom cabinetry, stylish honed granite countertops, and updated appliances. The first floor also includes a large living area, a den or first-floor bedroom with nearby updated full bath, and 'fun' room with a large picture window overlooking conserved fields, charming stone walls, and an impressively large pine tree standing resolute. Private deck offers perfect spot to enjoy the beautiful grounds, complete w/a sunshade awning for cool comfort.<br /> <br /> Upstairs find 3 tidy bedrooms, each with built-in closets or knee-wall drawers, and another full bath. Gorgeous wide pine floors throughout both floors.<br /> <br /> Basement is as meticulous as house & grounds. Spray foam walls and vapor barrier floors. New Viessman boiler, water heater, and electric panel. Wired full-house generator, radon mitigation system. <br /> <br /> Enjoy a rich mix of history, natural beauty, character, modern convenience & perfect location here!<br /> <br /> *OFFER DEADLINE MON. 6/17 by 5 p.m. Expect response w/in 24 hours.**
MlsNumber:	1592149

Listing Provided By:	Portside Real Estate Group, original listing
Name:	Portside Real Estate Group
Phone:	(207) 619-7571
Office Name:	Portside Real Estate Group
Office Phone:	(207) 607-5965
Agent Name:	Kara Zech Thelen
Disclaimer:	Copyright Â© 2024 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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