NOT LISTED FOR SALE

109 W Riverbank Rd Unit A & B Manchester, NH 03102

Northwest Manchester Neighborhood

Estimated Value: $815,000 - $940,000

3 Beds
2 Baths
2,814 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $560,000 $199 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,447/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Slip
  • New Englander Architecture
  • 117 Feet of Waterfront
  • Access to a Dock
  • 2 Car Direct Access Garage

About This Home

As of June 2020

Extremely rare WATERFRONT 2-FAMILY home! Yes, you’ve found the proverbial real estate “unicorn”. Investors and potential owner-occupied landlords must see this unique property. Enjoy nature's wildlife, swim, fish, boat and jet ski in your own backyard. This distinctive property offers not only the convenience of being walking distance to shopping and easy access to major highways but, it also offers significant income from the rental unit. The main house currently consists of 2 bedrooms (soil conditions support 1 additional bedroom, see the Seller’s floor plan) 2 bathrooms with a 3rd bathroom roughed in, and an oversized two-car garage. The second unit is a quaint 1 bedroom 1 bath. Both units have been recently renovated and the home is located on a quiet cul-de-sac, location, location, LOCATION! Vacation living with all the perks of city life! This is truly a “must see” opportunity! ***5/30/2020, 9:50 PM: Per the Seller, please submit all offers by 5 PM on Sunday, 5/31/2020.***

Last Agent to Sell the Property

Bruce Silva

Keller Williams Realty-Metropolitan License #070155 Listed on: 05/29/2020

Keller Williams Realty-Metropolitan

Last Buyer's Agent

Jeffrey Brown

American Dream Real Estate Associates, L License #069647

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,113

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • 117 Feet of Waterfront
  • River Front
  • Cul-De-Sac
  • Landscaped
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Stone Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 3-Story Property
  • Water Views

Flooring

  • Laminate
  • Ceramic Tile

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Shared Private Water Access
  • Deep Water Access
  • River Nearby
  • Boat Slip
  • Access to a Dock
  • Patio

Schools

  • Northwest Elementary School
  • Parkside Middle School
  • Manchester West High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Programmable Thermostat
  • 150 Amp Service
  • Septic Tank
  • Shared Septic
  • Leach Field
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Washer and Dryer in Unit "A" excluded. Washer and Dryer in Unit "B" are included.
  • Tax Lot 13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,113

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: GPS. RTE 93 North/South: Exit 10, left onto W River Rd, 2nd left onto W. Riverbank Rd, right at bottom of hill, property on left. From downtown Manchester: Rte 293N, exit 7, continue on Front St, look for Manchester Storage(on left), right on W Riverbank Rd, right at bottom of hill, prop on left.
  • Flood Zone: Yes
  • Assessment Amount: 345600
  • Assessment Year: 2019
  • Construction: Existing
  • Items Excluded: Washer and Dryer in Unit "A" excluded. Washer and Dryer in Unit "B" are included.
  • Total Stories: 3
  • Price Per Sq Ft: 199
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5340
  • Sq Ft - Apx Total Finished: 3470
  • Year Built: 1950
  • Remarks Public: Extremely rare WATERFRONT 2-FAMILY home! Yes, you’ve found the proverbial real estate “unicorn”. Investors and potential owner-occupied landlords must see this unique property. Enjoy nature's wildlife, swim, fish, boat and jet ski in your own backyard. This distinctive property offers not only the convenience of being walking distance to shopping and easy access to major highways but, it also offers significant income from the rental unit. The main house currently consists of 2 bedrooms (soil conditions support 1 additional bedroom, see the Seller’s floor plan) 2 bathrooms with a 3rd bathroom roughed in, and an oversized two-car garage. The second unit is a quaint 1 bedroom 1 bath. Both units have been recently renovated and the home is located on a quiet cul-de-sac, location, location, LOCATION! Vacation living with all the perks of city life! This is truly a “must see” opportunity! ***5/30/2020, 9:50 PM: Per the Seller, please submit all offers by 5 PM on Sunday, 5/31/2020.***
  • List Agent: 4987
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Features Interior: Programmable Thermostat
  • Flooring: Ceramic Tile, Laminate
  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Apartments, Concrete, Concrete Floor, Daylight, Finished, Full, Insulated, Partially Finished, Stairs - Interior, Storage Space, Walkout, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 2814
  • Sq Ft - Apx Finished BG: 656
  • Sq Ft - Apx Unfinished AG: 480
  • Sq Ft - Apx Unfinished BG: 1390

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Cul-de-Sac, Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Patio, Boat Slip/Dock
  • Water Body Type: River
  • Water Frontage Length: 117
  • Water Access Details: Dock Access, Shared-Private
  • Water Body Name 2: Merrimack River
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes
  • Water Body Access 2: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Assigned, Driveway, Garage, Off Street, On-Site, Parking Spaces 6+
  • Garage: Yes
  • Garage Description: Auto Open, Direct Entry, Storage Above
  • Garage Type: Attached

Utilities

  • Cable Company: Comcast
  • Electric: 150 Amp, Circuit Breaker(s)
  • Fuel Company: Lavallee Oil
  • Sewer: 1000 Gallon, Leach Field, Septic Shared
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water, Multi Zone
  • Electric Company: Eversource
  • Phone Company: Consolidated
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: Cable, Dsl - Available, High Speed Intrnt -Avail, Internet - Cable, Phone

Schools

  • School District: Manchester Sch Dst SAU #37
  • Elementary School: Northwest Elementary School
  • Middle School: Parkside Middle School
  • High School: Manchester West High School
  • Elementary School: Northwest Elementary School
  • High School: Manchester West High School

Lot Info

  • Map: 767
  • Lot: 13
  • Lot Sq Ft: 16553
  • Lot Acres: 0.38
  • Lot Description: Deep Water Access, Landscaped, Level, River, River Frontage, Rolling, View, Water View, Waterfront
  • Row Parcel Access: Yes
  • Surveyed: Unknown
  • Zoning: RSM- Suburban Multifamily
  • Deed Book: 8490
  • Deed Page: 0014
  • Deed Recorded Type: Quit Claim
  • Unit/Lot Number: A & B

Tax Info

  • Taxes TBD: Yes
  • Tax Year Notes: Estimated
  • Tax Gross Amount: 9113
  • Tax Year: 2020

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

MLS Schools

  • School District: Manchester Sch Dst SAU #37
  • School Middle Jr: Parkside Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 30, 2020
Sold by
Blair Joy
Bought by
Brown Jeffrey and Brown Deirdra
Seller's Agent
Bruce Silva
Keller Williams Realty-Metropolitan
Buyer's Agent
Jeffrey Brown
American Dream Real Estate Associates, L
List Price
$529,900
Sold Price
$560,000
Premium/Discount to List
$30,100
5.68%
Current Estimated Value
$853,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,345
Avg. Annual Appreciation
8.30%
Original Mortgage
$448,000
Outstanding Balance
$397,994
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$455,351

Purchase Details

Closed on
Apr 28, 2011
Sold by
Kilgus George M
Bought by
Wells Fargo Bank Na Tr
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Brown Jeffrey $560,000 None Available
Brown Jeffrey $560,000 None Available
Wells Fargo Bank Na Tr $199,900 --
Wells Fargo Bank Na Tr $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jeffrey $448,000
Closed Brown Jeffrey $448,000
Previous Owner Wells Fargo Bank Na Tr $260,000
Previous Owner Wells Fargo Bank Na Tr $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $560,000 +5.7% $199 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $529,900 -- $188 / 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 $11,648 $594,900 $199,500 $395,400
2023 $11,220 $594,900 $199,500 $395,400
2022 $10,851 $594,900 $199,500 $395,400
2021 $10,518 $594,900 $199,500 $395,400
2020 $9,632 $390,600 $155,800 $234,800
2019 $8,405 $345,600 $155,800 $189,800
2018 $8,184 $345,600 $155,800 $189,800
2017 $8,059 $345,600 $155,800 $189,800
2016 $7,997 $345,600 $155,800 $189,800
2015 $7,081 $302,100 $130,400 $171,700
2014 $7,099 $302,100 $130,400 $171,700
2013 $6,849 $302,100 $130,400 $171,700
Source: Public Records

Agents Affiliated with this Home

  • Bruce Silva

    Seller's Agent in 2020

    Bruce Silva

    Keller Williams Realty-Metropolitan

    (603) 494-4500

    2 in this area

    16 Total Sales

    Bruce Silva
    Section Image
  • Jeffrey Brown

    Buyer's Agent in 2020

    Jeffrey Brown

    American Dream Real Estate Associates, L

    (603) 856-3063

    1 in this area

    33 Total Sales

    Jeffrey Brown
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4807839

PrimeMLS

APN: MNCH-000767-000000-000013

New Hampshire Hillsborough County Manchester 03102 Northwest Manchester

109 W Riverbank Rd Unit A & B, Manchester, NH

This home is located at 109 W Riverbank Rd Unit A & B, Manchester, NH 03102 since 29 May 2020 and is currently estimated at $853,345, approximately $303 per square foot. This property was built in 1950. 109 W Riverbank Rd Unit A & B is a home located in Hillsborough County with nearby schools including Northwest Elementary School, Middle School at Parkside, and Manchester West High School.

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