NOT LISTED FOR SALE

Estimated Value: $538,152

9 Beds
5 Baths
5,854 Sq Ft
$92/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $403,000 $69 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,688/month

18 Days on Market

Highlights

  • Softwood Flooring
  • Covered Patio or Porch
  • Space Heater
  • Corner Lot
  • Baseboard Heating
  • High Speed Internet

About This Home

As of October 2021

Victorian Style Apartment Bldg. Recently remodeled with only a one bedroom one bathroom apartment unit available. Rent is $1350. per month with a $1350. security deposit. Water, sewer, trash removal, snow plowing, and yard maintenance included in the monthly rent. All electric clean baseboard heating system. Freshly painted with newer kitchen appliances. Perfect for a couple or single adult, near golf course and walking distance to town center. Available February 1st, 2024. Washer and dryer in the basement for tenant use. Sunny bright. 2nd Floor Unit.

Last Agent to Sell the Property

Pierre Peloquin

Pierre Peloquin Realty License #002205 Listed on: 09/10/2021

Last Buyer's Agent

Lorraine Angelo

Pierre Peloquin Realty License #058244

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,857

Year Built

  • Built in 1903

Lot Details

  • 0.43 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Garden Home
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 5,854 Sq Ft Home
  • 2.5-Story Property

Flooring

  • Softwood
  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 1,120 Car Parking Spaces
  • Stone Driveway
  • On-Site Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Radiator
  • Space Heater
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • Individual Controls for Heating
  • 220 Volts
  • 100 Amp Service
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 11

Community Details

Overview

  • 5 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $16,545
  • Gross Income $49,620
  • Net Operating Income $33,075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,857

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Garden, Townhouse
  • Directions: Main Street to West Main Street ( Use GPS)
  • Flood Zone: Unknown
  • Footprint: 24x35+29x21+44x20+22+18
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 68.84
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5854
  • Sq Ft - Apx Total Finished: 5854
  • Year Built: 1903
  • Remarks Public: SUPERB 5-UNIT RESIDENTIAL INVESTMENT LOCATED WITHIN WALKING DISTANCE TO DOWNTOWN HILLSBORO. A UNIQUE MIX OF THREE 2-BDRM TOWNHOUSE STYLE UNITS, A REMODELED SPOTLESS 2 BDRM UNIT & A LOVELY 1-BDRM UNIT. TENANTS PAY ALL UTILITIES, VINYL SIDED, UPGRADED ELECTRIC, PLENTY OF PARKING ON A SPACIOUS .43 ACRE CORNER LOT W/TOWN WATER & SEWER. Many long term residents that all get along and respect the property. EASILY MANAGED. Current Gross $49,620.00 with easy potential to bring to market rents of $59,500.00/year. Expenses of $16,545.00 ( includes taxes) for a current NET OF $33,075. All tenants are tenant at will and pay monthly DIRECT DEPOSIT into owners account. TRULY AN EASILY MANAGED "hands off" INVESTMENT
  • List Agent: 2331
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Softwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Full, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 5854

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Vinyl Siding
  • Foundation: Brick, Concrete, Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Rolled, Shingle
  • Easements: Unknown
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Driveway, On-Site, Parking Spaces 11 - 20

Utilities

  • Electric: 100 Amp, 220 Volt, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Free Standing, Owned, Separate, Tank
  • Heating Fuel: Electric, Gas - LP/Bottle, Oil
  • Heating: Baseboard, Gas Heater - Vented, Hot Water, Individual, Radiator, Space Heater
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Gas Meters: 2
  • Total Heat Units: 5
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 5
  • Trash: Municipal
  • Utilities: Cable, Gas - Lp/Bottle, Internet - Cable

Lot Info

  • Map: 25
  • Lot: 11
  • Lot Sq Ft: 18731
  • Lot Acres: 0.43
  • Lot Description: City Lot, Corner, Level
  • Surveyed: Unknown
  • Zoning: residential
  • Deed Book: 8953
  • Deed Page: 1191
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 49620
  • Net Income: 33075
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 7857
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 15, 2021
Sold by
112 West Main Llc
Bought by
Norwood William G
Seller's Agent
Pierre Peloquin
Pierre Peloquin Realty
Buyer's Agent
Lorraine Angelo
Pierre Peloquin Realty
List Price
$410,000
Sold Price
$403,000
Premium/Discount to List
-$7,000
-1.71%
Current Estimated Value
$538,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,152
Avg. Annual Appreciation
5.47%

Purchase Details

Closed on
Mar 22, 2017
Sold by
Amks Realty Llc
Bought by
112 West Main Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2017
Sold by
Grabowski Carle P
Bought by
Amks Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2005
Sold by
59-63 School St Rental
Bought by
Grabowski Kevin and Grabowski Carle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2000
Sold by
Edwin C Dutton T
Bought by
59-63 School St Rental

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8.18%
Mortgage Type
Commercial
Source: Public Records

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
Norwood William G $403,000 None Available
112 West Main Llc -- --
Amks Realty Llc $99,000 --
Grabowski Kevin $258,000 --
59-63 School St Rental $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amks Realty Llc $135,000
Previous Owner 59-63 School St Rental $193,500
Previous Owner 59-63 School St Rental $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Price Changed $1,450 +7.4% $1 / Sq Ft
02/12/2024 02/12/24 Price Changed $1,350 -12.9% $1 / Sq Ft
01/06/2024 01/06/24 Price Changed $1,550 0.0% $1 / Sq Ft
01/06/2024 01/06/24 For Rent $1,550 +3.3% --
08/23/2023 08/23/23 For Rent $1,500 0.0% --
10/18/2021 10/18/21 Sold $403,000 -1.7% $69 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $410,000 -- $70 / 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 $9,146 $273,500 $48,000 $225,500
2023 $8,539 $273,500 $48,000 $225,500
2022 $7,300 $273,500 $48,000 $225,500
2021 $7,910 $273,500 $48,000 $225,500
2020 $7,858 $273,500 $48,000 $225,500
2018 $7,564 $256,400 $70,500 $185,900
2017 $7,813 $256,400 $70,500 $185,900
2016 $6,914 $234,200 $62,300 $171,900
2015 $6,804 $234,200 $62,300 $171,900
2014 $6,455 $234,200 $62,300 $171,900
2013 $6,572 $234,200 $62,300 $171,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4882109

PrimeMLS

APN: HLBO-000025-000011