$725,000
SOLD OCT 22, 2018

15 Northview Dr Meredith, NH 03253

18 Beds
-- Bath
14,119 Sq Ft
1.53 Acres

Recently Sold

$51 Per Sq Ft

9% Below List Price

54 Days on Market

Highlights

  • 1.53 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Countryside Views
  • Forced Air Heating System
  • High-Rise Condominium

About This Home

As of May 2020

A 7 unit apartment building, this property was originally constructed in 1988 as a commercial office building. The current owners purchased the building in 2010 and converted the space into 4 - 3 bedroom & 3 - 2 bedroom large apartments. Located on a very quiet cul-de-sac, the property provides easy access and ample parking. The building is well lit and very secure, tenants are responsible for electric service only. A large common area for storage and laundry is located on 1st floor. This is a turn-key purchase for a new or established real estate investor. Annualized gross rental income of $98,000.00 supports the desirability of this property to current and prospective tenants. Evidence of a buyers financial ability to purchase this property must be presented prior to individual unit inspection.

Last Agent to Sell the Property

Thomas Girard

Right Realty Group, LLC Listed on: 07/12/2018

Last Buyer's Agent

Dianne Lucciano-Girard

Right Realty Group, LLC License #071512

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,041

Year Built

  • Built in 1988

Lot Details

  • 1.53 Acre Lot
  • Cul-De-Sac
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2-Story Property
  • Countryside Views

Basement

  • Interior Basement Entry
  • Crawl Space

Schools

  • Inter-Lakes Elementary School
  • Inter-Lakes Middle School
  • Inter-Lakes High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service
  • Drilled Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Block B: 0017E

Community Details

Overview

  • 7 Units
  • High-Rise Condominium

Building Details

  • Gross Income $99,783

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,041

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: High Rise
  • Directions: RT 3 to Northview Drive. Building located at end of Northview Drive.
  • Assessment Amount: 725600
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 69.96
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 14119
  • Sq Ft - Apx Total Finished: 14119
  • Property Type: Multi-Family
  • Year Built: 1988
  • Remarks Public: A 7 unit apartment building, this property was originally constructed in 1988 as a commercial office building. The current owners purchased the building in 2010 and converted the space into 4 - 3 bedroom & 3 - 2 bedroom large apartments. Located on a very quiet cul-de-sac, the property provides easy access and ample parking. The building is well lit and very secure, tenants are responsible for electric service only. A large common area for storage and laundry is located on 1st floor. This is a turn-key purchase for a new or established real estate investor. Annualized gross rental income of $98,000.00 supports the desirability of this property to current and prospective tenants. Evidence of a buyers financial ability to purchase this property must be presented prior to individual unit inspection.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Crawl Space
  • Sq Ft - Apx Finished AG: 10363
  • Sq Ft - Apx Finished BG: 3756

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Cul-de-Sac
  • Roof: Shingle - Asphalt
  • Easements: Unknown

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Drilled Well
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air
  • Cooling: Central AC
  • Separate Utilities: Yes

Schools

  • Elementary School: Inter-Lakes Elementary
  • Middle School: Inter-Lakes Middle School
  • High School: Inter-Lakes High School
  • Elementary School: Inter-Lakes Elementary
  • High School: Inter-Lakes High School

Lot Info

  • Map: M:00S17
  • Lot: 000
  • Lot Sq Ft: 66647
  • Lot Acres: 1.53
  • Lot Description: Country Setting, Level, Sloping
  • Surveyed: Unknown
  • Zoning: Commercial
  • Deed Book: 2676
  • Deed Page: 0404
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 99783
  • Total Units: 7
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 4

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 11041
  • Tax Year: 2017

MLS Schools

  • School Middle Jr: Inter-Lakes Middle School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $1,300,000 -13.3% $114 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $1,499,000 +106.8% $132 / Sq Ft
10/22/2018 10/22/18 Sold $725,000 -9.3% $51 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $799,000 -- $57 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4706539

PrimeMLS