NOT LISTED FOR SALE

15 Mill St Conway, NH 03813

Estimated Value: $565,999

1 Bed
1 Bath
4,184 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $420,000 $100 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,451/month

144 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Wood Siding
  • New Englander Architecture
  • Level Lot
  • Walk-Up Access

About This Home

As of October 2021

Here is a great addition to your portfolio with excellent cash flow potential! This property consist of multiple rental units that have a long history ofsecure tenants. The apartments are full of light and possess the classic New England charm of village homes. Features include an alluring front porch, great Center ConwayVillage location, near Conway Lake, ample parking, metal roof and storage. There are updates in some units and this property is full of potential.

Last Agent to Sell the Property

Jennifer McPherson

Pinkham Real Estate Listed on: 02/19/2021

Last Buyer's Agent

Jennifer McPherson

Pinkham Real Estate Listed on: 02/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1915

Lot Details

  • 0.97 Acre Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,184 Sq Ft Home
  • 2-Story Property
  • Walk-Up Access

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • Dirt Driveway
  • On-Site Parking
  • Unassigned Parking

Schools

  • Pine Tree Elementary School
  • A. Crosby Kennett Middle Sch
  • A. Crosby Kennett Sr. High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $15,180
  • Gross Income $56,280
  • Net Operating Income $41,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,218

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: Conway Village to East Main St towards Center Conway, turn right on to Mill Street and building is first on left.
  • Assessment Amount: 332400
  • Assessment Year: 2020
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 100.38
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4184
  • Sq Ft - Apx Total Finished: 4184
  • Year Built: 1915
  • Remarks Public: Here is a great addition to your portfolio with excellent cash flow potential! This property consist of multiple rental units that have a long history ofsecure tenants. The apartments are full of light and possess the classic New England charm of village homes. Features include an alluring front porch, great Center ConwayVillage location, near Conway Lake, ample parking, metal roof and storage. There are updates in some units and this property is full of potential.
  • List Agent: 281318
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead
  • Sq Ft - Apx Finished AG: 4184

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Wood Siding
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal
  • Easements: Unknown

Garage/Parking

  • Parking: On-Site, Unassigned

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private
  • Water: Driven Point
  • Water Heater: Electric
  • Heating Fuel: Electric, Oil
  • Heating: Electric, Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Heat Units: 1
  • Total Ranges: 7
  • Total Refrigerators: 7
  • Total Water Heaters: 2
  • Utilities: Cable - Available

Schools

  • School District: SAU #9
  • Elementary School: Pine Tree Elem
  • Middle School: A. Crosby Kennett Middle Sch
  • High School: A. Crosby Kennett Sr. High
  • Elementary School: Pine Tree Elem
  • High School: A. Crosby Kennett Sr. High

Lot Info

  • Map: 260
  • Lot: 17
  • Lot Sq Ft: 42253
  • Lot Acres: 0.97
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: VILLAGE RESIDENTIAL
  • Deed Book: TBA
  • Deed Page: TBA

Multi Family

  • Gross Income: 56280
  • Net Income: 41100
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 5218
  • Tax Year: 2020

MLS Schools

  • School District: SAU #9
  • School Middle Jr: A. Crosby Kennett Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Oct 20, 2021
Sold by
Morrison Shawn and Heath Kathleen
Bought by
Mill St Center Conway Llc
Seller's Agent
Jennifer McPherson
Pinkham Real Estate
Buyer's Agent
Jennifer McPherson
Pinkham Real Estate
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$565,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,999
Avg. Annual Appreciation
7.87%
Original Mortgage
$315,000
Outstanding Balance
$287,251
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,748

Purchase Details

Closed on
Oct 18, 1978
Bought by
Normand Roger R and Morrison Shawn
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
Mill St Center Conway Llc $420,000 None Available
Mill St Center Conway Llc $420,000 None Available
Mill St Center Conway Llc $420,000 None Available
Normand Roger R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mill St Center Conway Llc $315,000
Closed Mill St Center Conway Llc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $420,000 0.0% $100 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
04/24/2021 04/24/21 Price Changed $420,000 -6.7% $100 / Sq Ft
02/19/2021 02/19/21 For Sale $450,000 -- $108 / 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 $5,395 $449,600 $134,600 $315,000
2023 $4,851 $449,600 $134,600 $315,000
2022 $6,063 $332,400 $0 $0
2021 $5,431 $332,400 $119,600 $212,800
2020 $4,862 $279,600 $119,600 $160,000
2019 $4,843 $279,600 $119,600 $160,000
2018 $5,849 $279,600 $119,600 $160,000
2017 $5,586 $279,600 $119,600 $160,000
2016 $5,399 $279,600 $119,600 $160,000
2015 $5,338 $279,600 $119,600 $160,000
2014 $5,273 $279,600 $119,600 $160,000
2013 $5,063 $283,500 $119,600 $163,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4848008

PrimeMLS

APN: CNWY-000260-000000-000017