NOT LISTED FOR SALE

15 Light St Lebanon, NH 03766

Estimated Value: $453,000 - $577,000

5 Beds
3 Baths
2,408 Sq Ft
$203/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $392,500 $163 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,293/month

10 Days on Market

Highlights

  • New Englander Architecture
  • 2 Car Detached Garage
  • Baseboard Heating
  • Hanover Street School Rated A-
  • Shed
  • High Speed Internet

About This Home

As of May 2022

Great Investment Opportunity! Two properties on one lot on a quiet street in town! Front property is a 2-unit home with approx. 1,340 finished sq ft featuring 2 bed, 1 bath, washer & dryer on the first level and 1 bed, 1 bath, washer & dryer on the 2nd level. The back cottage has 632 fin sq ft on the first floor with 1 bed and 1 bath on 2nd floor with 2nd bedroom. Two-car garage in need of work and 3 sheds for storage. Separate utilities-tenants pay for heat, electric and hot water. Both properties have new roofs, vinyl siding, newer heating systems and upgraded electric. Very convenient location to downtown Lebanon shops, restaurants & recreation, Dartmouth Hitchcock Medical Center and Hanover.

Last Agent to Sell the Property

Melissa Robinson

Coldwell Banker LIFESTYLES - Hanover License #058726 Listed on: 03/25/2022

Coldwell Banker LIFESTYLES - Hanover

Last Buyer's Agent

Kasia Butterfield

Coldwell Banker LIFESTYLES - Quechee License #081.0004204

Coldwell Banker LIFESTYLES - Quechee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,818

Year Built

  • Built in 1890

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,408 Sq Ft Home
  • 1.75-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Shed

Schools

  • Hanover Street Elementary School
  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • 100 Amp Service
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 161

Community Details

Overview

  • 3 Units
  • Pentagon Property Mgt Association, Phone Number (603) 448-6161

Building Details

  • 3 Separate Gas Meters
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,818

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: Hanover Street to Hough Street to left on Granite, then left on Light Street. Property on the left.
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 163
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2578
  • Sq Ft - Apx Total Finished: 2408
  • Year Built: 1890
  • Remarks Public: Great Investment Opportunity! Two properties on one lot on a quiet street in town! Front property is a 2-unit home with approx. 1,340 finished sq ft featuring 2 bed, 1 bath, washer & dryer on the first level and 1 bed, 1 bath, washer & dryer on the 2nd level. The back cottage has 632 fin sq ft on the first floor with 1 bed and 1 bath on 2nd floor with 2nd bedroom. Two-car garage in need of work and 3 sheds for storage. Separate utilities-tenants pay for heat, electric and hot water. Both properties have new roofs, vinyl siding, newer heating systems and upgraded electric. Very convenient location to downtown Lebanon shops, restaurants & recreation, Dartmouth Hitchcock Medical Center and Hanover.
  • List Agent: 8564
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partial, Unfinished
  • Sq Ft - Apx Finished AG: 2408
  • Sq Ft - Apx Unfinished BG: 170

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Standing Seam
  • Easements: Unknown
  • Features Exterior: Shed

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp
  • Fuel Company: Irving Oil
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Hot Water, Wall Units
  • Electric Company: Liberty Utilities
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Curbside
  • Utilities: Internet - Cable

Condo/Co-op/Association

  • Mgmt Co Phone: 603-448-6161
  • Management Company: Pentagon Property Mgt

Schools

  • School District: Lebanon School District
  • Elementary School: Hanover Street School
  • Middle School: Lebanon Middle School
  • High School: Lebanon High School
  • Elementary School: Hanover Street School
  • High School: Lebanon High School

Lot Info

  • Map: 91
  • Lot: 161
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 2847
  • Deed Page: 427
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 33600
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7818
  • Tax Year: 2021

MLS Schools

  • School District: Lebanon School District
  • School Middle Jr: Lebanon Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 23, 2022
Sold by
Stern Mark L
Bought by
Grevatt Maya T
Seller's Agent
Melissa Robinson
Coldwell Banker LIFESTYLES - Hanover
Buyer's Agent
Kasia Butterfield
Coldwell Banker LIFESTYLES - Quechee
List Price
$399,000
Sold Price
$392,500
Premium/Discount to List
-$6,500
-1.63%
Current Estimated Value
$489,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,245
Avg. Annual Appreciation
6.77%
Original Mortgage
$314,000
Outstanding Balance
$298,293
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,452

Purchase Details

Closed on
Jul 3, 2003
Sold by
Clough Loretta L
Bought by
Stern Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.46%
Source: Public Records

Range of Values:

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Average Value
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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
Grevatt Maya T $392,533 None Available
Grevatt Maya T $392,533 None Available
Stern Mark L $180,000 --
Stern Mark L $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grevatt Maya T $314,000
Closed Grevatt Maya T $314,000
Previous Owner Stern Mark L $126,000
Previous Owner Stern Mark L $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $392,500 -1.6% $163 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $399,000 -- $166 / 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 $8,241 $313,600 $90,800 $222,800
2023 $7,614 $313,600 $90,800 $222,800
2022 $7,223 $313,500 $90,700 $222,800
2021 $7,107 $263,400 $73,000 $190,400
2019 $7,243 $238,500 $73,000 $165,500
2018 $7,088 $238,500 $73,000 $165,500
2017 $6,936 $238,500 $73,000 $165,500
2016 $6,709 $238,500 $73,000 $165,500
2015 $6,585 $238,500 $73,000 $165,500
2014 $6,176 $235,100 $75,000 $160,100
2013 $5,875 $230,300 $75,000 $155,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4902388

PrimeMLS

APN: 91-161