NOT LISTED FOR SALE

124 W Main St Conway, NH 03818

Estimated Value: $247,732 - $536,000

5 Beds
3 Baths
2,364 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 17, 2012

Last sale price $110,000 $47 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $2,452/month

285 Days on Market

Highlights

  • 1 Car Detached Garage
  • Hot Water Heating System
  • Level Lot

About This Home

As of December 2012

Affordable 3-unit apartment building, especially for the first-time investor. Easy to rent location near Conway Village, this property currently brings in almost $20,000 a year. With rents expected to rise at 4-5%/year for the next few years, apartments look like a strong long-term investment. Seller has done a lot of maintenance this summer: interior paint, cleaned out basement including old furnaces, new water heater, replaced some windows, fixed screens. This place is ready for a new owner!

Last Agent to Sell the Property

Joy Tarbell

KW Coastal and Lakes & Mountains Realty/N Conway License #009445 Listed on: 02/10/2012

KW Coastal and Lakes & Mountains Realty/N Conway

Last Buyer's Agent

Jim Miller

Black Bear Realty License #066789

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 1915

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,364 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Outbuilding

Schools

  • Conway Elementary School
  • A. Crosby Kennett Middle Sch
  • A. Crosby Kennett Sr. High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $19,800

Listing and Financial Details

  • Rent includes parking, plowing, sewer, snow removal, trash, water
  • Tax Lot 313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,090

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Directions: From Rt 16/Main Street in Conway Village, turn across from Kennett Middle school onto West Main Street. Property is less than a mile down on the right.
  • Footprint: 24x30 + 18x32
  • Assessment Amount: 147900
  • Assessment Year: 2011
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 46.53
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 2364
  • Year Built: 1915
  • Remarks Public: Affordable 3-unit apartment building, especially for the first-time investor. Easy to rent location near Conway Village, this property currently brings in almost $20,000 a year. With rents expected to rise at 4-5%/year for the next few years, apartments look like a strong long-term investment. Seller has done a lot of maintenance this summer: interior paint, cleaned out basement including old furnaces, new water heater, replaced some windows, fixed screens. This place is ready for a new owner!
  • List Agent: 17126
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 2364

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal
  • Features Exterior: Outbuilding

Garage/Parking

  • Garage Capacity: 1
  • Parking: On-Site, Parking Spaces 1 - 10
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric, Gas - LP/Bottle, Oil
  • Heating: Hot Water
  • Separate Utilities: Yes
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Private
  • Utilities: Cable

Schools

  • Elementary School: Conway Elem School
  • Middle School: A. Crosby Kennett Middle Sch
  • High School: A. Crosby Kennett Sr. High
  • Elementary School: Conway Elem School
  • High School: A. Crosby Kennett Sr. High

Lot Info

  • Map: 277
  • Lot: 313
  • Lot Sq Ft: 21780
  • Lot Acres: 0.5
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Commercial
  • Deed Book: 1579
  • Deed Page: 178
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Parking, Plowing, Sewer, Snow Removal, Trash, Water

Multi Family

  • Gross Income: 19800
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 3090
  • Tax Year: 2012

MLS Schools

  • School Middle Jr: A. Crosby Kennett Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
Dec 17, 2012
Sold by
Onufry Suzanne
Bought by
Yalenezian Ret
Seller's Agent
Joy Tarbell
KW Coastal and Lakes & Mountains Realty/N Conway
Buyer's Agent
Jim Miller
Black Bear Realty
List Price
$149,000
Sold Price
$110,000
Premium/Discount to List
-$39,000
-26.17%
Current Estimated Value
$377,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,183
Avg. Annual Appreciation
10.03%
Source: Public Records

Range of Values:

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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
Yalenezian Ret $110,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2012 12/17/12 Sold $110,000 -26.2% $47 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $149,000 -- $63 / 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 $4,423 $344,200 $56,200 $288,000
2023 $4,103 $344,200 $56,200 $288,000
2022 $3,651 $187,600 $57,800 $129,800
2021 $3,065 $187,600 $57,800 $129,800
2020 $3,444 $187,600 $57,800 $129,800
2019 $2,989 $172,600 $42,800 $129,800
2018 $3,187 $146,600 $42,800 $103,800
2017 $2,929 $146,600 $42,800 $103,800
2016 $2,831 $146,600 $42,800 $103,800
2015 $2,799 $146,600 $42,800 $103,800
2014 $2,791 $148,000 $42,800 $105,200
2013 $2,641 $147,900 $42,800 $105,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4132180

PrimeMLS

APN: 277-313