Seller's Agent in 2022
Collin Francoeur
EXP Realty
(603) 343-3873
54 Total Sales
10 Depot St Somersworth, NH 03878
Estimated Value: $431,000 - $525,448
5
Beds
3
Baths
1,999
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Mini Split Air Conditioners
- 3-minute walk to Ash Street Park
- 3 Car Detached Garage
- Walk-Up Access
About This Home
As of September 2022Turn key multifamily! This 3 unit multifamily consisting of 2 two bedroom units and 1 one bedroom unit went through a full renovation in 2020. The full renovation featured luxury vinyl plank floors, cabinets, new bathrooms, and mini split units to efficiently heat and cool each unit. Outside, each unit features a private area on the newly built pressure treated decks, all of the windows and vinyl siding was also replaced. The fenced in back yard allows for a nice private space for residents. The three car garage can be used for parking for each unit along with a walkup storage space. Start making cash flow from day 1. Don't miss out on this excellent property! Showings begin on Saturday 7/16 at open house 10:30-1.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,514
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
- Lot Sloped Up
Parking
- 3 Car Detached Garage
Home Design
- Colonial Architecture
- New Englander Architecture
- Block Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 2-Story Property
- Walk-Up Access
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Block 208
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $12,480
- Gross Income $48,300
- Net Operating Income $35,820
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2022
Closed on
Sep 9, 2022
Sold by
T & K Apartments Llc
Bought by
A & M Realty Llc
Seller's Agent
Collin Francoeur
EXP Realty
Buyer's Agent
Collin Francoeur
EXP Realty
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Total Days on Market
6
Views
33
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
$24,862
Avg. Annual Appreciation
2.03%
Original Mortgage
$315,000
Outstanding Balance
$303,136
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,726
Purchase Details
Closed on
Jun 6, 2005
Sold by
Lemay Jason J and Lemay Amie
Bought by
Meyer Christopher C and Meyer Kathleen P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
5.83%
Purchase Details
Closed on
Sep 17, 1998
Sold by
Morancy Albert V and Morancy Shani L
Bought by
Wolcott James R and Wolcott Cynthia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.9%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| A & M Realty Llc | $450,000 | None Available | |
| A & M Realty Llc | $450,000 | None Available | |
| Meyer Christopher C | $187,000 | -- | |
| Meyer Christopher C | $187,000 | -- | |
| Wolcott James R | $110,000 | -- | |
| Wolcott James R | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | A & M Realty Llc | $315,000 | |
| Closed | A & M Realty Llc | $315,000 | |
| Previous Owner | T & K Apartments Llc | $220,000 | |
| Previous Owner | Gagnon Thomas J | $150,000 | |
| Previous Owner | Gagnon Thomas | $75,000 | |
| Previous Owner | Wolcott James R | $149,600 | |
| Previous Owner | Wolcott James R | $99,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2022 09/02/22 | Sold | $450,000 | +2.5% | $225 / Sq Ft |
| 07/18/2022 07/18/22 | Pending | -- | -- | -- |
| 07/12/2022 07/12/22 | For Sale | $439,000 | -- | $220 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $7,746 | $414,200 | $60,200 | $354,000 |
| 2023 | $7,266 | $248,000 | $24,400 | $223,600 |
| 2022 | $6,646 | $236,600 | $24,400 | $212,200 |
| 2021 | $6,514 | $236,600 | $24,400 | $212,200 |
| 2020 | $6,589 | $236,600 | $24,400 | $212,200 |
| 2019 | $5,020 | $184,000 | $24,400 | $159,600 |
| 2018 | $4,123 | $122,600 | $38,700 | $83,900 |
| 2017 | $4,063 | $122,800 | $38,700 | $84,100 |
| 2016 | $3,944 | $122,800 | $38,700 | $84,100 |
| 2015 | $3,960 | $122,800 | $38,700 | $84,100 |
| 2014 | $3,824 | $122,800 | $38,700 | $84,100 |
Source: Public Records
Agents Affiliated with this Home
-
Collin Francoeur
Map
Similar Homes in Somersworth, NH
Source: PrimeMLS
MLS Number: 4920417
APN: SMSW-000009-000208
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