Seller's Agent in 2023
Chris Lavallee
RE/MAX
(603) 206-9806
2 in this area
74 Total Sales
13 Lincoln St Somersworth, NH 03878
9
Beds
3
Baths
2,714
Sq Ft
4,356
Sq Ft Lot
About This Home
As of August 2023Looking for a great opportunity to invest, or to call home and have your mortgage paid? This property generates a solid cap rate of a little above 8.0%. All 3 units are in month-to-month status. All rents are currently below market value. There is coin-op water and dryer located in the common space for extra income. All tenants pay for their own heat, hot water, and electricity. Delayed showings until the open houses on Saturday July 8th from 11-1 and July 9th from 11-1.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,559
Year Built
- Built in 1871
Lot Details
- 4,356 Sq Ft Lot
- Lot Sloped Up
Home Design
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 2,714 Sq Ft Home
- 2-Story Property
Parking
- 6 Car Parking Spaces
- Paved Parking
Utilities
- Heating System Uses Gas
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Block 134
Community Details
Overview
- 3 Units
Building Details
- Gross Income $50,400
- Net Operating Income $42,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2023
Closed on
Aug 15, 2023
Sold by
Baker Travis J
Bought by
Macdougall Alder C and Macdougall Rowan K
Seller's Agent
Chris Lavallee
RE/MAX Synergy
Buyer's Agent
Emily Southworth
The Aland Realty Group
List Price
$490,000
Sold Price
$520,000
Premium/Discount to List
$30,000
6.12%
Views
73
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,227
Avg. Annual Appreciation
6.43%
Original Mortgage
$502,645
Outstanding Balance
$492,955
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$95,011
Purchase Details
Listed on
Apr 4, 2022
Closed on
May 16, 2022
Sold by
Deans Bradley
Bought by
Baker Travis J
Seller's Agent
Sophia Weeks
RE/MAX Synergy
Buyer's Agent
Chris Lavallee
RE/MAX Synergy
List Price
$369,900
Sold Price
$402,000
Premium/Discount to List
$32,100
8.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.86%
Original Mortgage
$394,718
Interest Rate
4.67%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 10, 2020
Sold by
Cjm Properties Llc
Bought by
Deans Bradley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 26, 2019
Closed on
Sep 27, 2019
Sold by
Arrigo Ft and Arrigo
Bought by
Cjm Properties Llc
Seller's Agent
Lisa Berry
Simply Sell Realty
Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.87%
Original Mortgage
$172,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 2016
Sold by
Arrigo Richard C
Bought by
Arrigo Ft and Arrigo
Purchase Details
Listed on
Jul 12, 2013
Closed on
Aug 20, 2013
Sold by
Just Another Llc
Bought by
Arrigo Richard
Seller's Agent
Karin Provencher
RE/MAX Synergy
Buyer's Agent
Melissa Miller
Bean Group/ Stratham
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%
Purchase Details
Closed on
Oct 28, 2011
Sold by
Cheney Earl J and Fnma
Bought by
Fnma
Purchase Details
Closed on
Sep 13, 2007
Sold by
Lehman James F and Citibank Na Tr
Bought by
Citibank Na Tr
Purchase Details
Closed on
Jan 31, 2006
Sold by
Sullivan Howard W and Sullivan Robin A
Bought by
Lehman James F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 1999
Sold by
Mckibben Dale L
Bought by
Sullivan Howard W and Sullivan Robin A
Purchase Details
Closed on
May 22, 1997
Sold by
Doyle Joanna M
Bought by
Mckibben Dale L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $520,000 | None Available | |
| Warranty Deed | $520,000 | None Available | |
| Warranty Deed | $402,000 | None Available | |
| Warranty Deed | $402,000 | None Available | |
| Warranty Deed | $290,000 | None Available | |
| Warranty Deed | $290,000 | None Available | |
| Warranty Deed | $190,000 | -- | |
| Warranty Deed | $190,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $115,000 | -- | |
| Warranty Deed | $115,000 | -- | |
| Foreclosure Deed | $145,300 | -- | |
| Foreclosure Deed | $145,300 | -- | |
| Foreclosure Deed | $188,000 | -- | |
| Foreclosure Deed | $188,000 | -- | |
| Warranty Deed | $220,000 | -- | |
| Warranty Deed | $220,000 | -- | |
| Warranty Deed | $98,000 | -- | |
| Warranty Deed | $98,000 | -- | |
| Warranty Deed | $55,100 | -- | |
| Warranty Deed | $55,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $502,645 | FHA | |
| Closed | $502,645 | FHA | |
| Previous Owner | $394,718 | FHA | |
| Previous Owner | $220,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $217,500 | Purchase Money Mortgage | |
| Previous Owner | $172,000 | New Conventional | |
| Previous Owner | $176,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Off Market | $2,400 | -- | -- |
| 10/03/2024 10/03/24 | Price Changed | $2,400 | -4.0% | $2 / Sq Ft |
| 10/01/2024 10/01/24 | For Rent | $2,500 | 0.0% | -- |
| 08/15/2023 08/15/23 | Sold | $520,000 | +6.1% | $192 / Sq Ft |
| 07/11/2023 07/11/23 | Pending | -- | -- | -- |
| 06/29/2023 06/29/23 | For Sale | $490,000 | +21.9% | $181 / Sq Ft |
| 05/17/2022 05/17/22 | Sold | $402,000 | +0.5% | $148 / Sq Ft |
| 04/12/2022 04/12/22 | Pending | -- | -- | -- |
| 04/12/2022 04/12/22 | Price Changed | $399,900 | +8.1% | $147 / Sq Ft |
| 04/04/2022 04/04/22 | For Sale | $369,900 | +72.0% | $136 / Sq Ft |
| 10/10/2019 10/10/19 | Sold | $215,000 | +7.6% | $81 / Sq Ft |
| 08/29/2019 08/29/19 | Pending | -- | -- | -- |
| 08/26/2019 08/26/19 | For Sale | $199,900 | +73.8% | $75 / Sq Ft |
| 08/19/2013 08/19/13 | Sold | $115,000 | -17.8% | $43 / Sq Ft |
| 08/04/2013 08/04/13 | Pending | -- | -- | -- |
| 07/12/2013 07/12/13 | For Sale | $139,900 | +174.3% | $52 / Sq Ft |
| 05/11/2012 05/11/12 | Sold | $51,000 | -68.1% | $19 / Sq Ft |
| 05/04/2012 05/04/12 | Pending | -- | -- | -- |
| 11/15/2011 11/15/11 | For Sale | $159,900 | -- | $60 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $8,903 | $476,100 | $66,800 | $409,300 |
| 2023 | $7,064 | $241,100 | $30,100 | $211,000 |
| 2022 | $6,559 | $233,500 | $30,100 | $203,400 |
| 2021 | $6,514 | $236,600 | $30,100 | $206,500 |
| 2020 | $6,589 | $236,600 | $30,100 | $206,500 |
| 2019 | $6,324 | $231,800 | $30,100 | $201,700 |
| 2018 | $5,201 | $154,900 | $50,100 | $104,800 |
| 2017 | $5,126 | $154,900 | $50,100 | $104,800 |
| 2016 | $4,975 | $154,900 | $50,100 | $104,800 |
| 2015 | $4,996 | $154,900 | $50,100 | $104,800 |
| 2014 | $4,824 | $154,900 | $50,100 | $104,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
E
Buyer's Agent in 2023
Emily Southworth
The Aland Realty Group
(603) 244-8511
1 in this area
3 Total Sales
-
Seller's Agent in 2022
Sophia Weeks
RE/MAX
(603) 472-3900
1 in this area
143 Total Sales
-
Seller's Agent in 2019
Lisa Berry
Simply Sell Realty
(978) 315-0300
257 Total Sales
-
A
Buyer's Agent in 2019
A non PrimeMLS member
VT_ME_NH_NEREN
-
Seller's Agent in 2013
Karin Provencher
RE/MAX
(603) 860-9464
100 Total Sales
Map
Source: PrimeMLS
MLS Number: 4959308
APN: SMSW-000011-000134
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