NOT LISTED FOR SALE

110 Palm St Nashua, NH 03060

South End Nashua Neighborhood

Estimated Value: $589,000 - $637,000

4 Beds
3 Baths
2,698 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $420,000 $156 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,156/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Hot Water Heating System
  • Wood Flooring

About This Home

As of April 2020

Investors take notice!!! Terific opportunity to own a great 3 family that is fully rented, updated and pleanty of parking. Located on corner lot and one way street for limited traffic. NOT YOUR TYPICAL 3 FAMILY!!! All the unitis have long term leases. Take advantave of today's low interest rates and invest in this 3 family home with low operating expenses and good rental income. Improvements include: heating system, flooring, paint, and more. Pride of ownership in this home. For investors it currently has a 8.5% cap rate and is a turn key property with possibility of room to expand, buyer to do due dilligance. Showings require 24 hour notice.

Last Listed By

Tim Joyce

Keller Williams Gateway Realty License #000627 Listed on: 03/14/2020

Keller Williams Gateway Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,444

Year Built

  • Built in 1895

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

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

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Fairgrounds Elementary School
  • Elm Street Middle School
  • Nashua High School South

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • 100 Amp Service
  • Natural Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block .18 / 00039

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $8,890
  • Gross Income $45,000
  • Net Operating Income $36,110

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,444

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Colonial
  • Assessment Amount: 206600
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 155.67
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3697
  • Sq Ft - Apx Total Finished: 2698
  • Year Built: 1895
  • Remarks Public: Investors take notice!!! Terific opportunity to own a great 3 family that is fully rented, updated and pleanty of parking. Located on corner lot and one way street for limited traffic. NOT YOUR TYPICAL 3 FAMILY!!! All the unitis have long term leases. Take advantave of today's low interest rates and invest in this 3 family home with low operating expenses and good rental income. Improvements include: heating system, flooring, paint, and more. Pride of ownership in this home. For investors it currently has a 8.5% cap rate and is a turn key property with possibility of room to expand, buyer to do due dilligance. Showings require 24 hour notice.
  • List Agent: 24793
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2698
  • Sq Ft - Apx Unfinished AG: 100
  • Sq Ft - Apx Unfinished BG: 899

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum, Vinyl Siding
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural
  • Easements: Unknown

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric: 100 Amp, 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Off Boiler
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air, Hot Water
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Trash: Municipal
  • Utilities: Phone

Schools

  • School District: Nashua School District
  • Elementary School: Fairgrounds Elementary School
  • Middle School: Elm Street Middle School
  • High School: Nashua High School South
  • Elementary School: Fairgrounds Elementary School
  • High School: Nashua High School South

Lot Info

  • Map: 0096
  • Lot: .18
  • Lot Sq Ft: 7841
  • Lot Acres: 0.18
  • Lot Description: City Lot, Corner, Curbing, Level
  • Surveyed: Unknown
  • Zoning: RC
  • Deed Book: 9060
  • Deed Page: 1338
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 45000
  • Net Income: 36110
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 6444
  • Tax Year: 2019

MLS Schools

  • School District: Nashua School District
  • School Middle Jr: Elm Street Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2020
Closed on
Apr 29, 2020
Sold by
Smola Jeremy P and Smola Christine Tran
Bought by
Marrocco Mark and Marrocco Keila
Seller's Agent
Tim Joyce
Keller Williams Gateway Realty
Buyer's Agent
Claudia Charbonneau
RE/MAX Innovative Properties
List Price
$425,000,000
Sold Price
$420,000
Premium/Discount to List
-$424,580,000
-99.9%
Total Days on Market
4
Current Estimated Value
$614,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,302
Avg. Annual Appreciation
7.79%
Original Mortgage
$315,000
Outstanding Balance
$283,610
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$330,692

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 30, 2018
Sold by
Clark Ft
Bought by
Tran Chrsitine and Smola Jeremy P
Seller's Agent
Gary Rocca
RE/MAX Innovative Properties
Buyer's Agent
Tim Joyce
Keller Williams Gateway Realty
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$255,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Vaillancourt Maurice A and Vaillancourt Lucienne G
Bought by
Clark Craig W and Clark Patricia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.52%

Range of Values:

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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

Date Buyer Sale Price Title Company
Marrocco Mark $420,000 None Available
Tran Chrsitine $340,000 --
Clark Craig W $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrocco Mark $315,000
Previous Owner Tran Chrsitine $255,000
Previous Owner Clark Craig W $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $420,000 -99.9% $156 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $425,000,000 +124900.0% $157,524 / Sq Ft
03/30/2018 03/30/18 Sold $340,000 -2.8% $126 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $349,900 -- $130 / 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
2023 $8,614 $472,500 $111,700 $360,800
2022 $8,538 $472,500 $111,700 $360,800
2021 $7,073 $304,600 $74,400 $230,200
2020 $3,741 $303,800 $74,400 $229,400
2019 $3,689 $303,800 $74,400 $229,400
2018 $6,444 $303,800 $74,400 $229,400
2017 $3,538 $206,600 $71,000 $135,600
2016 $5,179 $206,600 $71,000 $135,600
2015 $5,068 $206,600 $71,000 $135,600
2014 $4,969 $206,600 $71,000 $135,600
Source: Public Records

Agents Affiliated with this Home

  • Tim Joyce

    Seller's Agent in 2020

    Tim Joyce

    Keller Williams Gateway Realty

    (603) 765-3761

    4 in this area

    43 Total Sales

    Tim Joyce
    Section Image
  • Gary Rocca

    Seller's Agent in 2018

    Gary Rocca

    RE/MAX

    (603) 589-8800

    4 in this area

    25 Total Sales

    Gary Rocca
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4797997

PrimeMLS

APN: NASH-000096-000000-000039

New Hampshire Hillsborough County Nashua 03060 South End Nashua

110 Palm St, Nashua, NH

Homes for Sale in Nashua, NH

This home is located at 110 Palm St, Nashua, NH 03060 since 14 March 2020 and is currently estimated at $614,302, approximately $227 per square foot. This property was built in 1895. 110 Palm St is a home located in Hillsborough County with nearby schools including Fairgrounds Elementary School, Elm Street Middle School, and Nashua High School South.

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