NOT LISTED FOR SALE
10 Beds
4 Baths
4,192 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: July 16, 2021

Last sale price $459,000 $109 Per Sq Ft

31 Days on Market

About This Home

As of July 2021

Potential, Potential, Potential! Investors take notice. The third floor within the two center units are being underutilized and there is a lot of room to increase the earning potential. The roof is about five years old and the siding work has been started for you. There are some long term tenants that have been in the building for 10+ years and two of the units have been updated. The current rents are well under market and the current cap rate is at 5.9%. And, the project cap rate could be approximately 10.2% at fair market rents. This property will be a great addition to any investors portfolio. Whether you are just starting out or you are adding a great asset to your portfolio, this property should be analyzed immediately. Only an eight minute walk from downtown and it's only close to commuter roads.

Last Agent to Sell the Property

Susan Kenyon

KW Coastal and Lakes & Mountains Realty/Dover License #072629 Listed on: 05/03/2021

KW Coastal and Lakes & Mountains Realty/Dover

Co-Listed By

Steven Blase

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Tim Fontneau

Century 21 NE Group License #043793

Century 21 NE Group
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,023

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Sloped Up

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,192 Sq Ft Home
  • 2.5-Story Property

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor

Schools

  • Dover Middle School
  • Dover High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Available at Street
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,023

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Flood Zone: Unknown
  • Assessment Amount: 437600
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 109.49
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4192
  • Sq Ft - Apx Total Finished: 4192
  • Year Built: 1900
  • List Agent: 16902
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Dirt Floor, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 4192

Exterior Features

  • Construction: Wood Frame
  • Exterior: Aluminum, Vinyl Siding
  • Foundation: Axle, Brick, Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Parking: On Street

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp
  • Fuel Company: Unitil
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Electric Company: Eversource
  • Utilities: Cable - Available, Gas - At Street

Schools

  • High School: Dover High School

Lot Info

  • Map: 27
  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RM-U
  • Deed Book: 3988
  • Deed Page: 0180
  • Deed Recorded Type: Quit Claim

Multi Family

  • Total Units: 4
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 11023
  • Tax Year: 2019

MLS Schools

  • School District: Dover School District SAU #11
  • School Middle Jr: Dover Middle School

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 3, 2021
Closed on
Jul 16, 2021
Sold by
Bought by
Seller's Agent
Susan Kenyon
KW Coastal and Lakes & Mountains Realty/Dover
Buyer's Agent
Tim Fontneau
Century 21 NE Group
List Price
$537,000
Sold Price
$459,000
Premium/Discount to List
-$78,000
-14.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Outstanding Balance
$326,605
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$459,000 None Available
$275,000 --
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
Open $367,200
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
07/16/2021 07/16/21 Sold $459,000 -14.5% $109 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $537,000 0.0% $128 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $537,000 -- $128 / 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 $15,447 $784,900 $162,800 $622,100
2024 $14,262 $784,900 $162,800 $622,100
2023 $13,032 $696,900 $139,500 $557,400
2022 $12,834 $646,900 $124,000 $522,900
2021 $12,549 $578,300 $124,000 $454,300
2020 $11,766 $473,500 $112,400 $361,100
2019 $11,023 $437,600 $100,800 $336,800
2018 $10,765 $432,000 $104,600 $327,400
2017 $10,113 $390,900 $89,100 $301,800
2016 $8,492 $323,000 $82,000 $241,000
2015 $8,435 $317,000 $82,000 $235,000
2014 $8,778 $337,500 $102,500 $235,000
2011 $7,652 $304,600 $81,800 $222,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4858637

PrimeMLS
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