NOT LISTED FOR SALE

14 Highland Ave Hanover, NH 03755

Estimated Value: $1,040,000 - $1,469,000

8 Beds
3 Baths
3,732 Sq Ft
$341/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $757,500 $203 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,328/month

79 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Shed
  • Bernice A. Ray School Rated A+
  • Patio
  • Baseboard Heating

About This Home

As of December 2017

Hanover Investment Property, in the Hanover/Dresden School District. Walking distance to Dartmouth College and downtown Hanover. 3 unit multi-family home with detached garage, could potentially be converted into condos or a single family home with an in-law suite. Front door opens to a foyer with private entrances to Units 1 & 2. Built in 2005 with 100% rental history. .47 acre lot with private back yard. Paved driveway has room for minimum 6 cars. Unit 1 has been continuously rented since 2008, Unit 2 since 2010. Both Units have 3 bedrooms each and 1.5 baths. They have an open concept with bright sunny rooms. Sliding doors in the dining room open to a deck in the private backyard. Due to long term tenancy, the rent for these units is below market value at $2227.84 each. Current lease expires 7/31/18 and has a 3% increase clause upon renewal. Unit 2 has new flooring in the dining room as well as a new electric stove. Each unit has a washer and dryer. Unit 3 has 2 bedrooms, 1 large full bathroom with new flooring and a bonus room. The living/dining/kitchen combo with 9 foot ceilings make this unit feel extra spacious. Utility room includes washer & dryer and lots of storage. Kitchen has a lot of cabinets along with a built in workstation and built in over the stove microwave. Also includes it’s own large patio with space for outdoor furniture and grill. This unit is currently owner occupied and has the potential for additional rental income.

Last Agent to Sell the Property

Lisa Berry

Simply Sell Realty License #064889 Listed on: 08/16/2017

Last Buyer's Agent

Jane Eakin

Four Seasons Sotheby's Int'l Realty License #068231

Four Seasons Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,090

Year Built

  • Built in 2005

Lot Details

  • 0.43 Acre Lot
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property

Flooring

  • Carpet
  • Laminate

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Bernice A. Ray Elementary School
  • Frances C. Richmond Middle Sch
  • Hanover High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Underground Utilities
  • 150 Amp Service
  • Liquid Propane Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Legal Lot and Block 1 / 41

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,090

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 292.25
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3888
  • Sq Ft - Apx Total Finished: 3732
  • Year Built: 2005
  • Remarks Public: Hanover Investment Property, in the Hanover/Dresden School District. Walking distance to Dartmouth College and downtown Hanover. 3 unit multi-family home with detached garage, could potentially be converted into condos or a single family home with an in-law suite. Front door opens to a foyer with private entrances to Units 1 & 2. Built in 2005 with 100% rental history. .47 acre lot with private back yard. Paved driveway has room for minimum 6 cars. Unit 1 has been continuously rented since 2008, Unit 2 since 2010. Both Units have 3 bedrooms each and 1.5 baths. They have an open concept with bright sunny rooms. Sliding doors in the dining room open to a deck in the private backyard. Due to long term tenancy, the rent for these units is below market value at $2227.84 each. Current lease expires 7/31/18 and has a 3% increase clause upon renewal. Unit 2 has new flooring in the dining room as well as a new electric stove. Each unit has a washer and dryer. Unit 3 has 2 bedrooms, 1 large full bathroom with new flooring and a bonus room. The living/dining/kitchen combo with 9 foot ceilings make this unit feel extra spacious. Utility room includes washer & dryer and lots of storage. Kitchen has a lot of cabinets along with a built in workstation and built in over the stove microwave. Also includes it’s own large patio with space for outdoor furniture and grill. This unit is currently owner occupied and has the potential for additional rental income.
  • List Agent: 26526
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Finished, Full
  • Sq Ft - Apx Finished AG: 2592
  • Sq Ft - Apx Finished BG: 1140
  • Sq Ft - Apx Unfinished BG: 156

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Deck, Patio, Shed

Garage/Parking

  • Garage Capacity: 1
  • Parking: Garage, Off Street
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 150 Amp, Circuit Breaker(s)
  • Sewer: Metered
  • Water: Public
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard
  • Total Electric Meters: 3
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Trash: Private
  • Utilities: Cable, Gas - Underground, Telephone At Site

Schools

  • School District: Hanover Sch District SAU #70
  • Elementary School: Bernice A. Ray School
  • Middle School: Frances C. Richmond Middle Sch
  • High School: Hanover High School
  • Elementary School: Bernice A. Ray School
  • High School: Hanover High School

Lot Info

  • Map: 41
  • Lot: 1
  • Lot Sq Ft: 18731
  • Lot Acres: 0.43
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 3677
  • Deed Page: 202
  • Deed Recorded Type: Warranty

Multi Family

  • Sale Includes: Building
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 11090
  • Tax Year: 2016

MLS Schools

  • School District: Hanover Sch District SAU #70
  • School Middle Jr: Frances C. Richmond Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Dec 20, 2017
Sold by
Glynn John M and Glynn Julie
Bought by
H Mcintyre Ret
Seller's Agent
Lisa Berry
Simply Sell Realty
Buyer's Agent
Jane Eakin
Four Seasons Sotheby's Int'l Realty
List Price
$849,999
Sold Price
$757,500
Premium/Discount to List
-$92,499
-10.88%
Total Days on Market
79
Current Estimated Value
$1,274,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,603
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Jun 27, 2017
Sold by
John M Glynn Ret
Bought by
Glynn John M and Glynn Julie
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
H Mcintyre Ret $762,533 --
H Mcintyre Ret $762,533 --
Glynn John M -- --
Glynn John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glynn John M $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $757,500 -10.9% $203 / Sq Ft
11/20/2017 11/20/17 For Sale $849,999 0.0% $228 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
10/16/2017 10/16/17 Price Changed $849,999 -5.5% $228 / Sq Ft
10/02/2017 10/02/17 Price Changed $899,900 -5.3% $241 / Sq Ft
08/16/2017 08/16/17 For Sale $949,900 -- $255 / 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 $14,106 $732,000 $318,400 $413,600
2023 $13,551 $730,900 $318,400 $412,500
2022 $13,003 $730,900 $318,400 $412,500
2021 $12,893 $730,900 $318,400 $412,500
2020 $15,311 $757,600 $201,500 $556,100
2019 $15,099 $757,600 $201,500 $556,100
2018 $14,569 $757,600 $201,500 $556,100
2017 $11,298 $520,900 $146,400 $374,500
2016 $11,090 $520,900 $146,400 $374,500
2015 $10,876 $520,900 $146,400 $374,500
2014 $10,434 $520,900 $146,400 $374,500
2013 $10,059 $520,900 $146,400 $374,500
2012 $9,877 $534,200 $149,000 $385,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4653933

PrimeMLS

APN: HNOV-000041-000041-000001