$115,000
SOLD JUL 23, 2024

103 Franklin St Somersworth, NH 03878

2 Beds
2 Baths
602 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

34% Below List Price

41 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • Level Lot

About This Home

As of January 2025

***UPDATE: This property is a short sale, third-party negotiator handling transaction with lender. Property being sold as/where is at current listing price. **** Investment opportunity awaits. This property has been vacant 4.5 years. Though garage and parts of the house are collapsing this could be a great flip or new build opportunity. Buyer will need to check with the town on use to renovate or tear down. Third party approval required. In order to enter house all parties will need to sign a Hold Harmless form. Please contact broker via text/phone for more information and showing.

Last Agent to Sell the Property

Lisa Church

KW Coastal and Lakes & Mountains Realty License #073139 Listed on: 05/20/2024

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Riley Bacon

KW Coastal and Lakes & Mountains Realty License #076647

KW Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,742

Year Built

  • Built in 1892

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Property is zoned R3

Parking

  • Paved Parking

Home Design

  • Colonial Architecture
  • Post and Beam
  • Brick Foundation
  • Shingle Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 100 Amp Service

Listing and Financial Details

  • Tax Block 25

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,742

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 191.03
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1892
  • Remarks Public: ***UPDATE: This property is a short sale, third-party negotiator handling transaction with lender. Property being sold as/where is at current listing price. **** Investment opportunity awaits. This property has been vacant 4.5 years. Though garage and parts of the house are collapsing this could be a great flip or new build opportunity. Buyer will need to check with the town on use to renovate or tear down. Third party approval required. In order to enter house all parties will need to sign a Hold Harmless form. Please contact broker via text/phone for more information and showing.
  • List Agent: 282039
  • Display On Internet: Unknown
  • Architectural Style: Colonial
  • ResoLotFeatures: Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 602
  • Sq Ft - Apx Total: 976
  • Sq Ft - Apx Total Finished: 602
  • Sq Ft - Apx Unfinished BG: 374

Exterior Features

  • Driveway: Paved
  • Foundation: Brick, Gravel/Pad
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Construction Type: Post and Beam

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Water Source: Public

Lot Info

  • Map: 14
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 2760
  • Deed Page: 220
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 3742
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Jan 30, 2025
Sold by
Renewed Homes Llc
Bought by
Barrette Robert
Seller's Agent
Jay Spezzaferri
EXP Realty
Buyer's Agent
Ahmed Mahadik
Kara and Co - Real Broker NH,LLC
List Price
$349,900
Sold Price
$382,000
Premium/Discount to List
$32,100
9.17%
Views
32
Current Estimated Value
$384,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,416
Avg. Annual Appreciation
-3.39%
Original Mortgage
$332,000
Outstanding Balance
$331,423
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$42,500

Purchase Details

Listed on
May 20, 2024
Closed on
Jul 23, 2024
Sold by
Merithew Kendra D
Bought by
Renewed Homes Llc
Seller's Agent
Lisa Church
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Riley Bacon
KW Coastal and Lakes & Mountains Realty
List Price
$175,000
Sold Price
$115,000
Premium/Discount to List
-$60,000
-34.29%
Views
227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
906.06%
Original Mortgage
$250,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2001
Sold by
White Robert L and White Sally A
Bought by
Merithew Carl W and Merithew Kendra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.21%

Purchase Details

Closed on
Jul 18, 1997
Sold by
Lacasse Raymond P
Bought by
White Robert L and White Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,342
Interest Rate
7.79%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $382,000 None Available
Warranty Deed $382,000 None Available
Warranty Deed $115,000 None Available
Warranty Deed $115,000 None Available
Warranty Deed $115,000 None Available
Warranty Deed $115,000 None Available
Warranty Deed $129,900 --
Warranty Deed $84,900 --
Warranty Deed $129,900 --
Warranty Deed $84,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,000 Purchase Money Mortgage
Closed $332,000 Purchase Money Mortgage
Previous Owner $250,000 Commercial
Previous Owner $92,000 No Value Available
Previous Owner $81,342 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $382,000 +9.2% $253 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $349,900 +204.3% $231 / Sq Ft
07/23/2024 07/23/24 Sold $115,000 -6.5% $191 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $123,000 -29.7% $204 / Sq Ft
05/20/2024 05/20/24 For Sale $175,000 -- $291 / Sq Ft
Source: PrimeMLS

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
2024 $3,173 $169,700 $71,800 $97,900
2023 $3,742 $127,700 $32,300 $95,400
2022 $3,587 $127,700 $32,300 $95,400
2021 $3,516 $127,700 $32,300 $95,400
2020 $3,772 $166,900 $32,300 $134,600
2019 $4,010 $166,900 $32,300 $134,600
2018 $4,681 $140,100 $53,800 $86,300
2017 $6,025 $140,100 $53,800 $86,300
2016 $6,609 $140,200 $53,800 $86,400
2015 $4,696 $145,600 $53,800 $91,800
2014 $4,534 $145,600 $53,800 $91,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4996960

PrimeMLS

APN: SMSW-000014-000025