NOT LISTED FOR SALE

13 Water St Newmarket, NH 03857

Estimated Value: $1,453,794

3 Beds
1.5 Baths
1,600 Sq Ft
$909/Sq Ft Est. Value

Highlights

  • 200 Feet of Waterfront
  • ENERGY STAR Certified Homes
  • Walk-In Closet
  • Newmarket Elementary School Rated A-
  • Combination Kitchen and Living
  • 1-minute walk to Schanda Conservation Park

About This Home

As of January 2015

NEW DETAILS - 2nd floor, street level entry, 3 Bedroom Apartment, loft master. Location and Quality! PRE-LEASING, EXPECTED COMPLETION FOR FEBRUARY 2015. Offering fantastic views of the Lamprey river and Great Bay. Tenants will be part of thriving urban community near restaurants and shops. Construction is High-performance and will be ENERGY STAR Certified. These units are designed and built to higher standards than required by modern building codes. Electric, heat, and A/C are all included in rent. Tenants have access to docks for kayaks, etc (no boats). Direct water access to Great Bay for Portsmouth, Exeter, Dover and the open ocean by Boat. All interior finishes are high end: granite counter tops, cabinetry, flooring, fixtures, windows, etc. Each tenant will have 1 on site assigned parking space. Municipal lot adjacent. TARGET OCCUPANCY IS FEBRUARY 2015. Some photos are facsimiles or renderings.

Last Agent to Rent the Property

Gerry OConnell

KW Coastal and Lakes & Mountains Realty/Dover Brokerage Phone: 603-978-8381 License #062160 Listed on: 06/25/2013

KW Coastal and Lakes & Mountains Realty/Dover

Last Renter's Agent

Susanna Schroadter

KW Coastal and Lakes & Mountains Realty License #065948

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $21,815

Year Built

  • Built in 2014

Lot Details

  • 200 Feet of Waterfront
  • Historic Home

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1.5-Story Property
  • Combination Kitchen and Living
  • Dining Area
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Assigned Parking

Eco-Friendly Details

  • ENERGY STAR Certified Homes

Outdoor Features

  • Water Access
  • Shared Private Water Access

Schools

  • Newmarket Elementary School
  • Newmarket Junior High School
  • Newmarket Senior High School

Utilities

  • 60 Amp Service
  • Internet Available

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes cooling, electric, heat, hot water, plowing, sewer, water

Community Details

Overview

  • Application Fee Required
  • Maintained Community

Recreation

  • Trails

Property Details

Home Type

Apartment

Est. Annual Taxes

$21,815

Year Built

Built in 2014

Lot Details

0

Rental Info

  • Deposit: 2500
  • Lease Term: Annual
  • Price Rent2: 2500
  • Rental Amount Frequency: Annually
  • Rental Amount Frequency2: Monthly
  • Rent Includes: Cooling, Electric, Heat, Hot Water, Plowing, Sewer, Water
  • Price Rented: 2500

Listing Details

  • Status Detail: Leased
  • Directions: Take 108 into Newmarket. Turn onto Water Street at the Community Church. Building is on Left.
  • Units per Building: 3
  • Total Stories: 1.5
  • Property Class: Rental
  • Property Type: Apartment
  • Year Built: 2014
  • Remarks Public: NEW DETAILS - 2nd floor, street level entry, 3 Bedroom Apartment, loft master. Location and Quality! PRE-LEASING, EXPECTED COMPLETION FOR FEBRUARY 2015. Offering fantastic views of the Lamprey river and Great Bay. Tenants will be part of thriving urban community near restaurants and shops. Construction is High-performance and will be ENERGY STAR Certified. These units are designed and built to higher standards than required by modern building codes. Electric, heat, and A/C are all included in rent. Tenants have access to docks for kayaks, etc (no boats). Direct water access to Great Bay for Portsmouth, Exeter, Dover and the open ocean by Boat. All interior finishes are high end: granite counter tops, cabinetry, flooring, fixtures, windows, etc. Each tenant will have 1 on site assigned parking space. Municipal lot adjacent. TARGET OCCUPANCY IS FEBRUARY 2015. Some photos are facsimiles or renderings.
  • List Agent: 17061
  • Display On Internet: Internet - Cable
  • Architectural Style: Historic Vintage, Other
  • ResoLotFeatures: Other, Walking Trails, Water View, Waterfront, Near Public Transportatn
  • Road Frontage Type: Paved, Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Electric, Dishwasher, Dryer, Microwave, Range - Electric, Refrigerator, Washer, Water Heater - Other
  • Equipment: Smoke Detector, Smoke Detectr-HrdWrdw/Bat
  • Features Interior: Dining Area, Kitchen/Living, Laundry Hook-ups, Primary BR w/ BA, Walk-in Closet, Laundry - 1st Floor
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Room 1: Kitchen, On Level: 1
  • Room 3: Living Room, On Level: 1
  • Room 4: Family Room, On Level: 1
  • Room 7: Primary Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 1
  • Room 9: Bedroom, On Level: 1
  • Room 16: Bath - 3/4, On Level: 2
  • Room 17: Bath - 1/2, On Level: 1
  • Sq Ft - Apx Finished AG: 1600
  • Sq Ft - Apx Total Finished: 1600

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Water Body Access: Shared Private
  • Water Body Name: Lamprey River
  • Water Body Type: River
  • Water Frontage Length: 200
  • Water Access Details: Shared-Private
  • Waterfront: Yes
  • Water View: Yes
  • Water Body Access 2: Yes
  • Construction Type: Wood Frame, Wood Exterior

Garage/Parking

  • Parking: Assigned, Parking Spaces 1

Utilities

  • Electric: 60 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Heating: Pellet Stove
  • Electric Company: PSNH
  • Water Source: Public

Condo/Co-op/Association

  • Restrictions: Application Fee, Credit Check
  • Association Amenities: Building Maintenance

Schools

  • School District: Newmarket SAU #31
  • Elementary School: Newmarket Elem School
  • Middle School: Newmarket Junior High School
  • High School: Newmarket Senior HS
  • Elementary School: Newmarket Elem School
  • High School: Newmarket Senior HS

Green Features

  • Green Verification Body: EPA
  • Green Verification Progrm: ENERGY STAR Certified Homes

MLS Schools

  • School District: Newmarket SAU #31
  • School Middle Jr: Newmarket Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Acadia Eng & Cons Llc
Bought by
Almousawi Sayed
Current Estimated Value
$1,453,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$825,410
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$609,774

Purchase Details

Closed on
Mar 3, 2014
Sold by
Acadia Engineers Const
Bought by
Desrosiers Roger L and Desrosiers Jennifer L

Purchase Details

Closed on
Aug 2, 2013
Sold by
Serbagi Russell C
Bought by
Acadia Engineers & Const

Purchase Details

Closed on
Feb 14, 1996
Sold by
Albee Robert H and Albee Astonia M
Bought by
Serbagi Russell C
Source: Public Records

Range of Values:

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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
Almousawi Sayed $1,200,000 None Available
Almousawi Sayed $1,200,000 None Available
Desrosiers Roger L $419,000 --
Desrosiers Roger L $419,000 --
Acadia Engineers & Const $390,000 --
Acadia Engineers & Const $390,000 --
Serbagi Russell C $185,000 --
Serbagi Russell C $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almousawi Sayed $900,000
Closed Almousawi Sayed $900,000
Previous Owner Serbagi Russell C $1,040,000
Previous Owner Serbagi Russell C $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2015 01/20/15 Rented $2,500 +31.6% --
12/27/2014 12/27/14 Rented $1,900 0.0% --
10/04/2014 10/04/14 Under Contract -- -- --
06/01/2014 06/01/14 Under Contract -- -- --
06/27/2013 06/27/13 For Rent $1,900 0.0% --
06/25/2013 06/25/13 For Rent $1,900 -- --
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 $21,815 $1,268,300 $500,000 $768,300
2023 $24,878 $843,600 $247,500 $596,100
2022 $22,769 $843,600 $247,500 $596,100
2021 $22,237 $843,600 $247,500 $596,100
2020 $3,200 $125,700 $0 $125,700
2018 $3,675 $125,700 $0 $125,700
2017 $3,360 $125,700 $0 $125,700
2016 $3,199 $125,700 $0 $125,700
2015 $3,137 $125,700 $0 $125,700
2014 -- $125,700 $0 $125,700
2013 $11,083 $453,100 $426,500 $26,600
2012 $10,725 $453,100 $426,500 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4250478

PrimeMLS

APN: NMAR-000003-000004-000000-U000000