110 Palm St Nashua, NH 03060
South End Nashua Neighborhood
4
Beds
3
Baths
2,698
Sq Ft
7,841
Sq Ft Lot
Highlights
- Colonial Architecture
- Corner Lot
- Hot Water Heating System
- Wood Flooring
About This Home
As of April 2020Investors 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 Agent to Sell the Property
Keller Williams Gateway Realty License #000627 Listed on: 03/14/2020
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
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,322
Avg. Annual Appreciation
7.57%
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%
Similar Homes in Nashua, NH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | None Available | |
| Warranty Deed | $340,000 | -- | |
| Warranty Deed | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | Purchase Money Mortgage | |
| Previous Owner | $255,000 | Purchase Money Mortgage | |
| Previous Owner | $280,000 | No Value Available |
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
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
41 Total Sales
-
Claudia Charbonneau
Buyer's Agent in 2020
Claudia Charbonneau
RE/MAX
(603) 425-4532
52 Total Sales
-
Gary Rocca
Seller's Agent in 2018
Gary Rocca
RE/MAX
(603) 589-8800
4 in this area
23 Total Sales
Map
Source: PrimeMLS
MLS Number: 4797997
APN: NASH-000096-000000-000039
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