NOT LISTED FOR SALE

121 Main St Lincoln, NH 03251

Estimated Value: $538,489

-- Bed
-- Bath
5,586 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $260,000 $47 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,270/month

4 Days on Market

Highlights

  • Covered Patio or Porch
  • Level Lot
  • Wood Siding
  • High Speed Internet

About This Home

As of June 2017

Extremely viable mixed-use apartment building with an extremely convenient downtown location. Successful, stable rental history. Detailed financials and multi-year rental synopsis available to qualified buyers.

Last Agent to Sell the Property

Jay Polimeno

Polimeno Realty License #046844 Listed on: 02/12/2017

Last Buyer's Agent

Jay Polimeno

Polimeno Realty License #046844 Listed on: 02/12/2017

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,313

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 3-Story Property

Finished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Lin-Wood Public Elementary And Middle School
  • Lin-Wood Public High School

Utilities

  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 094

Community Details

Recreation

  • Snow Removal

Additional Features

  • 10 Units
  • Gross Income $51,110

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,313

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: I93 to Exit 32. East on Route 112 about 1/2 mile. Property is on the left.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 46.54
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7446
  • Sq Ft - Apx Total Finished: 6986
  • Year Built: 1920
  • List Agent: 23969
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Combination
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Finished, Partial, Unfinished
  • Sq Ft - Apx Finished AG: 5586
  • Sq Ft - Apx Finished BG: 1400
  • Sq Ft - Apx Unfinished BG: 460

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Wood Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane
  • Features Exterior: Porch - Covered

Utilities

  • Cable Company: Time Warner
  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Electric, Gas Heater - Vented
  • Electric Company: NH Cooperative
  • Phone Company: Fairpoint
  • Utilities: Internet - Cable

Condo/Co-op/Association

  • Association Amenities: Snow Removal

Schools

  • Elementary School: Lin-Wood Public School
  • High School: Lin-Wood Public HS

Lot Info

  • Map: 113
  • Lot: 094
  • Lot Sq Ft: 7841
  • Lot Acres: 0.18
  • Lot Description: Level, Neighbor Business
  • Surveyed: Unknown
  • Zoning: Village Center
  • Deed Book: 2695
  • Deed Page: 0724
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 51110
  • Total Units: 10
  • Total1 Bedroom Units: 10

Tax Info

  • Tax Gross Amount: 4313
  • Tax Year: 2016

MLS Schools

  • School District: Lincoln/Woodstock SAU #16
  • School Middle Jr: Lin-Wood Public School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2017
Closed on
Jun 28, 2017
Sold by
Jkf Assoc Llc
Bought by
Notch Properties Llc
Seller's Agent
Jay Polimeno
Polimeno Realty
Buyer's Agent
Jay Polimeno
Polimeno Realty
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Current Estimated Value
$538,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,489
Avg. Annual Appreciation
9.00%
Original Mortgage
$175,000
Outstanding Balance
$145,912
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$392,577
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Notch Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Notch Properties Llc $175,000
Closed Notch Properties Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Sold $260,000 -13.3% $47 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
02/12/2017 02/12/17 For Sale $299,900 -- $54 / 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 $5,347 $457,800 $233,000 $224,800
2023 $5,347 $457,800 $233,000 $224,800
2022 $4,830 $457,800 $233,000 $224,800
2021 $4,825 $457,800 $233,000 $224,800
2018 $4,630 $327,000 $138,600 $188,400
2016 $4,313 $327,000 $138,600 $188,400
2015 $4,612 $334,700 $54,500 $280,200
2014 $4,619 $334,700 $54,500 $280,200
2009 $3,485 $382,590 $95,330 $287,260
Source: Public Records

Agents Affiliated with this Home

  • Jay Polimeno

    Seller's Agent in 2017

    Jay Polimeno

    Polimeno Realty

    (603) 348-7221

    2 in this area

    13 Total Sales

    Jay Polimeno
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Map

Source: PrimeMLS

MLS Number: 4617732

PrimeMLS

APN: LNCO-000113-094000

New Hampshire Grafton County Lincoln 03251

121 Main St, Lincoln, NH

Not Listed for Sale

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