NOT LISTED FOR SALE

113 Laurel St Unit and 426 Union St Manchester, NH 03103

Kalivas-Union Neighborhood

Estimated Value: $395,000 - $577,000

8 Beds
3 Baths
2,839 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $322,620 $114 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,053/month

18 Days on Market

About This Home

As of November 2020

Great Cash Flow for these 2 Homes on one Lot! (1-1 family and 1-2 family. All have Active COC's in place. Fully leased, great tenants, Some remodeling has been done to each unit, Caged storage in basement. Appointment required. Delayed showings until Saturday Oct 10 from 10:00am-Noon

Last Agent to Sell the Property

Gail Athas

Rosenthall Realty Group LLC License #051612 Listed on: 09/23/2020

Last Buyer's Agent

Parrott Realty Group

Keller Williams Gateway Realty License #072965

Keller Williams Gateway Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,158

Year Built

  • Built in 1908

Lot Details

  • 2,265 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,839 Sq Ft Home
  • 3.5-Story Property
  • Stove

Basement

  • Interior Basement Entry
  • Dirt Floor

Schools

  • Beech Street Elementary School
  • Mclaughlin Middle School
  • Central High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Washer & Dryer units belong to tenants
  • Tax Lot 0001

Community Details

Overview

  • 3 Units
  • 1 2 Family And One Sf Subdivision

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $16,510
  • Gross Income $41,400
  • Net Operating Income $24,890

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,158

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Detached, Freestanding
  • Development Subdivision: 1-2 Family and one-SF
  • Directions: Pine St to East on Laurel. Corner of Union and Laurel is the SF home with the 2 family behind (address as 426 Union St) --All on one lot.
  • Flood Zone: Unknown
  • Construction: Existing
  • Items Excluded: Washer & Dryer units belong to tenants
  • Total Stories: 3.5
  • Price Per Sq Ft: 113.64
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4482
  • Sq Ft - Apx Total Finished: 2839
  • Property Type: Multi-Family
  • Year Built: 1908
  • Remarks Public: Great Cash Flow for these 2 Homes on one Lot! (1-1 family and 1-2 family. All have Active COC's in place. Fully leased, great tenants, Some remodeling has been done to each unit, Caged storage in basement. Appointment required. Delayed showings until Saturday Oct 10 from 10:00am-Noon
  • L A1 M M S I Memberkey: 15299
  • List Agent: 4577
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 69991
  • S A1 M M S I Memberkey: 614861
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 73299
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Gravel
  • Sq Ft - Apx Finished AG: 2839
  • Sq Ft - Apx Unfinished BG: 1643

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Liberty Utilities
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Alternative Heat Stove
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Curbside, Municipal
  • Utilities: Gas - On-Site

Schools

  • School District: Manchester School District
  • Elementary School: Beech Street School
  • Middle School: McLaughlin Middle School
  • High School: Central High School
  • Elementary School: Beech Street School
  • High School: Central High School

Lot Info

  • Map: 102
  • Lot: 0001
  • Lot Sq Ft: 2265
  • Lot Acres: 0.052
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R-3
  • Deed Book: 9094
  • Deed Page: 1215
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: and 426 Union St

Multi Family

  • Gross Income: 41400
  • Net Income: 24890
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5158
  • Tax Year: 2020

MLS Schools

  • School District: Manchester School District
  • School Middle Jr: McLaughlin Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 2, 2020
Sold by
Labreque Kenneth A and Labrecque Janka
Bought by
Hyde Daniel S and Hyde Rebecca
Seller's Agent
Gail Athas
Rosenthall Realty Group LLC
Buyer's Agent
Parrott Realty Group
Keller Williams Gateway Realty
List Price
$385,000
Sold Price
$322,620
Premium/Discount to List
-$62,380
-16.2%
Current Estimated Value
$473,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,507
Avg. Annual Appreciation
7.34%
Original Mortgage
$241,965
Outstanding Balance
$216,295
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$238,271

Purchase Details

Closed on
Jul 27, 2018
Sold by
Kennick Properties Man
Bought by
Labrecque Kenneth A and Labrecque Janka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2017
Sold by
3Wm Properties Llc
Bought by
Kennick Development Gr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2010
Sold by
Saint Marys Bank
Bought by
3Wm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2009
Sold by
Barry F Sullivan Ret and Saint Marys Bank
Bought by
Saint Marys Bank

Purchase Details

Closed on
May 13, 2004
Sold by
Proctor Terence D
Bought by
Barry F Sullivan T

Purchase Details

Closed on
Jan 17, 1996
Sold by
Pangia T
Bought by
Gibbons Eric S and Gibbons Susan D
Source: Public Records

Range of Values:

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Average Value
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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
Hyde Daniel S $322,733 None Available
Labrecque Kenneth A -- --
Kennick Development Gr $195,000 --
3Wm Properties Llc $90,600 --
Saint Marys Bank $165,000 --
Barry F Sullivan T $187,000 --
Gibbons Eric S $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyde Daniel S $241,965
Previous Owner Labrecque Kenneth A $190,000
Previous Owner Labrecque Kenneth A $187,200
Previous Owner Kennick Development Gr $136,500
Previous Owner Kennick Properties Man $39,000
Previous Owner Gibbons Eric S $100,000
Previous Owner Gibbons Eric S $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $322,620 -1.9% $114 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $329,000 -14.5% $116 / Sq Ft
09/23/2020 09/23/20 For Sale $385,000 -- $136 / 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 $6,642 $339,200 $64,500 $274,700
2023 $6,397 $339,200 $64,500 $274,700
2022 $6,187 $339,200 $64,500 $274,700
2021 $5,997 $339,200 $64,500 $274,700
2020 $8,133 $212,100 $46,200 $165,900
2019 $0 $212,100 $46,200 $165,900
2018 $7,629 $212,100 $46,200 $165,900
2017 $4,596 $212,100 $46,200 $165,900
2016 $0 $212,100 $46,200 $165,900
2015 $4,207 $179,500 $47,900 $131,600
2014 $4,218 $179,500 $47,900 $131,600
2013 $4,069 $179,500 $47,900 $131,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4830417

PrimeMLS

APN: MNCH-000102-000000-000001