NOT LISTED FOR SALE

126 Front St Exeter, NH 03833

Estimated Value: $660,000 - $747,436

6 Beds
2 Baths
2,375 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $415,000 $175 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,642/month

Highlights

  • Wood Flooring
  • Corner Lot
  • 2 Car Garage
  • Lincoln Street Elementary School Rated A-
  • Covered Patio or Porch
  • 4-minute walk to Kids Park

About This Home

As of October 2018

Elegant, sophisticated, and enveloping a classic feel, this two unit multi-family is a must-see! In a prime location, 126 Front Street is steps away from entertainment and dining options of downtown Exeter, placing you in close proximity to Phillips Exeter Academy, the YMCA, and the Amtrack Train Station. Buisness Ideas and opportunities are endless as well with this property being zoned commercially. Walking inside of this multi-family, you'll notice that the space boasts hardwood, carpet, and tile flooring throughout, as well as a freshly painted interior for a sleek and refined charm. Both kitchens are generously sized, while the bedrooms create enough space for comfort and privacy alike. Outside, a brand new custom-built detached garage creates plenty of room for those toys and tools while encompassing 600 sq. feet of potential usable space above. This property will provide you with plenty of parking and yard space, allowing you the freedom to entertain your friends and family year-round! Laundry hookups and separate utilities are also available. With strong rental history in place and a unit becoming available after closing, this could be a perfect owner occupant scenerio... Be sure to schedule your showing today!

Last Agent to Sell the Property

Evan Douglass

KW Coastal and Lakes & Mountains Realty/Portsmouth License #070557 Listed on: 09/01/2018

KW Coastal and Lakes & Mountains Realty/Portsmouth

Last Buyer's Agent

Megan Higgins Croteau

KW Coastal and Lakes & Mountains Realty License #064624

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,233

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clap Board Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,375 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Outbuilding

Schools

  • Lincoln Street Elementary School
  • Cooperative Middle School
  • Exeter High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 28

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,300
  • Gross Income $14,400
  • Net Operating Income $4,867

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,233

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Turn onto Parker St. off of Front st. House is on the corner of Parker and Front. First house on right.
  • Assessment Amount: 270200
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 174.74
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2375
  • Sq Ft - Apx Total Finished: 2375
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2375

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved
  • Roof: Slate
  • Features Exterior: Fence - Partial, Outbuilding, Porch - Covered, Storage

Garage/Parking

  • Garage Capacity: 2
  • Parking: Off Street, Parking Spaces 6+
  • Garage: Yes
  • Garage Description: Auto Open, Direct Entry, Storage Above
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2

Schools

  • Elementary School: Lincoln Street Elementary
  • High School: Exeter High School

Lot Info

  • Map: 73
  • Lot: 28
  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: Corner, Level, Neighbor Business, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: C-1
  • Deed Book: 5675
  • Deed Page: 0263
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 14400
  • Net Income: 4867
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7233
  • Tax Year: 2017

MLS Schools

  • School District: Exeter School District SAU #16
  • School Middle Jr: Cooperative Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2018
Closed on
Oct 31, 2018
Sold by
Lubansky Clara A
Bought by
Giannini John and Giannini Rebecca
Seller's Agent
Evan Douglass
KW Coastal and Lakes & Mountains Realty/Portsmouth
Buyer's Agent
Megan Higgins Croteau
KW Coastal and Lakes & Mountains Realty
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$703,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,859
Avg. Annual Appreciation
7.64%
Original Mortgage
$311,250
Outstanding Balance
$272,557
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$431,302

Purchase Details

Listed on
Jun 3, 2015
Closed on
Dec 3, 2015
Sold by
Ventura Kathleen L and Oneill James
Bought by
Lubansky Clara A
Seller's Agent
Paul Royal
BHG Masiello Portsmouth
Buyer's Agent
Kevin Fruh
Gibson Sotheby's International Realty
List Price
$325,000
Sold Price
$281,500
Premium/Discount to List
-$43,500
-13.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.27%
Original Mortgage
$272,104
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2003
Sold by
Malgeri George A and Malgeri Lynn A
Bought by
Ventura Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1997
Sold by
Front One Twenty-Six R
Bought by
Malgeri George A and Malgeri Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,550
Interest Rate
7.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giannini John $415,000 --
Lubansky Clara A $281,533 --
Ventura Kathleen L $352,000 --
Malgeri George A $164,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giannini John $311,250
Previous Owner Lubansky Clara A $272,104
Previous Owner Malgeri George A $281,600
Previous Owner Malgeri George A $131,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2018 10/29/18 Sold $415,000 0.0% $175 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $415,000 +47.4% $175 / Sq Ft
12/03/2015 12/03/15 Sold $281,500 -13.4% $105 / Sq Ft View Prior Sale
10/01/2015 10/01/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $325,000 -- $122 / 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 $11,597 $651,900 $263,100 $388,800
2023 $9,954 $371,700 $129,000 $242,700
2022 $9,200 $371,700 $129,000 $242,700
2021 $8,925 $371,700 $129,000 $242,700
2020 $9,103 $371,700 $129,000 $242,700
2019 $8,649 $371,700 $129,000 $242,700
2018 $7,431 $270,200 $76,500 $193,700
2017 $7,233 $270,200 $76,500 $193,700
2016 $8,179 $311,700 $76,500 $235,200
2015 $7,961 $311,700 $76,500 $235,200
2014 $7,323 $281,000 $76,500 $204,500
2013 $7,314 $281,000 $76,500 $204,500
2011 $7,104 $281,000 $76,500 $204,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4716213

PrimeMLS

APN: EXTR-000073-000000-000028