NOT LISTED FOR SALE

10 Highland St Exeter, NH 03833

Estimated Value: $612,000 - $814,000

4 Beds
2 Baths
2,637 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2022

Last sale price $650,000 $246 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,048 / mo

19 Days on Market

Highlights

  • New Englander Architecture
  • 6 Car Direct Access Garage
  • Hot Water Heating System
  • Lincoln Street Elementary School Rated A-
  • Landscaped

About This Home

As of June 2022

Turnkey Fully Furnished Rental Building with 2 Residential Rental Units plus Attached 2 car Garage and Detached 4 Car Garage. Quiet Side Street Mostly Owner-Occupied Neighborhood. Walking Distance to Downtown Exeter & Close to Restaurants & Shops. Easy Highway Access. 13 Minutes from the Beach. The building consists of an Extra Large 1st Flr Two bedroom unit plus a 2nd Flr 2 Bedroom Unit. Each Unit has 2 Separate Entrances. Wonderful Original Features of Hardwood Floors. Both Units are Modern & Updated with Full Size Washer Dryer in Each Unit. Newer Vinyl Siding & Asphalt Roof (2016) on House. Both Units with access to the Fenced Back Yard. If Your Seeking to Owner Occupy the 1st Flr Unit lease ends 9/15/22, 2nd Flr lease ends 12/30/22. Keep collecting $7K/mo in rents as long as you want, or Change The Use To A Single Family. Want the cash flow, the numbers on this positive producing 2 family will make you think it is a 4 unit building! Want to convert this to more units, prior approvals are on file for the prior Owner to convert this to a 3 or 4 family property. Just Over 2600 sq ft of Living Space This Property is High Cash Flow Producing with Great Tenants & Units that Truly Show Well! Stylishly Designed Throughout This Property Is Ready to Go for You to Start Making the Cash Flow Yours! This Property Can Be Sold Fully Furnished Or Furnishings Can Be Removed At End Of Each Lease. Owner is Related to Listing Broker.

Last Agent to Sell the Property

Kelsey Nippe

NH Home Team License #058239 Listed on: 05/11/2022

Last Buyer's Agent

Kelsey Nippe

NH Home Team License #058239 Listed on: 05/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,426

Year Built

  • Built in 1899

Lot Details

  • 18,295 Sq Ft Lot
  • Landscaped
  • Lot Sloped Up

Parking

  • 6 Car Direct Access Garage

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: All Furnishings Unless Seller Agrees To Include Them In The Terms of the P&S. Furnishings could be removed at lease end date of each Tenant.
  • Tax Block 142

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $21,220
  • Gross Income $90,180
  • Net Operating Income $69,324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,426

Year Built

Built in 1899

Lot Details

0.42 Acres

Parking

6

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, New Englander
  • Directions: East on Portsmouth Ave Straight Through Lights at Mobile Gas Station Take Immediate Left onto Highland St
  • Construction: Existing
  • Items Excluded: All Furnishings Unless Seller Agrees To Include Them In The Terms of the P&S. Furnishings could be removed at lease end date of each Tenant.
  • Total Stories: 2
  • Price Per Sq Ft: 246.49
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4347
  • Sq Ft - Apx Total Finished: 2637
  • Year Built: 1899
  • List Agent: 24628
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2637
  • Sq Ft - Apx Unfinished AG: 630
  • Sq Ft - Apx Unfinished BG: 1080

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Brick
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown

Garage/Parking

  • Garage Capacity: 6
  • Garage: Yes
  • Garage Description: Direct Entry
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Utilities: Cable - Available

Lot Info

  • Map: 65
  • Lot Sq Ft: 18295
  • Lot Acres: 0.42
  • Lot Description: Landscaped, Sidewalks
  • Surveyed: Unknown
  • Zoning: R-2
  • Deed Book: 6039
  • Deed Page: 0663
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 90180
  • Net Income: 69324
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 9426
  • Tax Year: 2021

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 11, 2022
Closed on
Jun 15, 2022
Sold by
Bought by
Seller's Agent
Kelsey Nippe
NH Home Team
Buyer's Agent
Kelsey Nippe
NH Home Team
List Price
$599,990
Sold Price
$650,000
Premium/Discount to List
$50,010
8.34%
Current Estimated Value
$752,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,845
Avg. Annual Appreciation
3.78%

Purchase Details

Listed on
Dec 19, 2018
Closed on
Sep 19, 2019
Sold by
Bought by
Seller's Agent
Robert Gilman
Gilman Real Estate
Buyer's Agent
Kelsey Nippe
NH Home Team
List Price
$499,000
Sold Price
$445,000
Premium/Discount to List
-$54,000
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%
Original Mortgage
$333,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2013
Closed on
Jun 22, 2015
Sold by
Bought by
Seller's Agent
Robert Gilman
Gilman Real Estate
Buyer's Agent
Robert Gilman
Gilman Real Estate
List Price
$315,000
Sold Price
$250,000
Premium/Discount to List
-$65,000
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%
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

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
$650,000 None Available
$650,000 None Available
$650,000 None Available
$445,000 --
$445,000 --
$445,000 --
$250,666 --
$250,666 --
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
Previous Owner $333,750
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 Prior Sale
06/15/2022 06/15/22 Sold $650,000 0.0% $246 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/18/2022 05/18/22 Price Changed $650,000 -18.7% $246 / Sq Ft
05/11/2022 05/11/22 Price Changed $799,999 +33.3% $303 / Sq Ft
05/11/2022 05/11/22 For Sale $599,990 +34.8% $228 / Sq Ft
09/24/2019 09/24/19 Sold $445,000 -1.1% $166 / Sq Ft View Prior Sale
07/18/2019 07/18/19 Pending -- -- --
03/28/2019 03/28/19 Price Changed $449,900 -9.8% $168 / Sq Ft
12/19/2018 12/19/18 For Sale $499,000 +99.6% $186 / Sq Ft
06/22/2015 06/22/15 Sold $250,000 0.0% $93 / Sq Ft View Prior Sale
03/18/2015 03/18/15 Rented $1,200 0.0% --
03/18/2015 03/18/15 For Rent $1,200 0.0% --
11/12/2014 11/12/14 Rented $1,200 0.0% --
11/12/2014 11/12/14 For Rent $1,200 0.0% --
04/04/2014 04/04/14 Pending -- -- --
01/31/2014 01/31/14 Rented $1,200 0.0% --
01/01/2014 01/01/14 Under Contract -- -- --
08/06/2013 08/06/13 For Rent $1,200 0.0% --
06/20/2013 06/20/13 For Sale $315,000 -- $118 / Sq Ft
Source: PrimeMLS

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 $12,631 $673,300 $216,300 $457,000
2024 $11,738 $659,800 $216,300 $443,500
2023 $10,514 $392,600 $127,200 $265,400
2022 $9,717 $392,600 $127,200 $265,400
2021 $9,426 $392,600 $127,200 $265,400
2020 $9,678 $395,200 $127,200 $268,000
2019 $9,196 $395,200 $127,200 $268,000
2018 $8,981 $326,600 $93,500 $233,100
2017 $8,653 $326,600 $93,500 $233,100
2016 $8,510 $324,300 $91,200 $233,100
2015 $6,395 $250,400 $91,200 $159,200
2014 $9,465 $363,200 $107,300 $255,900
2013 $9,454 $363,200 $107,300 $255,900
2011 $9,182 $363,200 $107,300 $255,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4909158

PrimeMLS

APN: EXTR-000065-000000-000142

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