NOT LISTED FOR SALE

15 Prospect St Somersworth, NH 03878

Estimated Value: $357,000 - $451,000

6 Beds
2 Baths
2,591 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $238,000 $92 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,670/month

62 Days on Market

About This Home

As of February 2021

Two large 3 bedroom units with substantial amount of living area, good back yard and plenty of parking Only one block off Main Street in downtown, Somersworth Walking distance to downtown, Somersworth & Berwick

Last Listed By

David Garvey

KW Coastal and Lakes & Mountains Realty License #004637 Listed on: 10/22/2020

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,963

Year Built

  • Built in 1840

Lot Details

  • 0.28 Acre Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Block 86

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,963

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Main Street towards downtown, left onto Prospect.
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 91.86
  • Property Type: Multi-Family
  • Year Built: 1840
  • Remarks Public: Great investment opportunity! This large two unit home is one block off main street in downtown Somersworth. There is a large first floor unit and an even larger second floor unit with access to rooms in the third floor. Units are heated separately with economical natural gas. There is parking in the back of the property. Great investor or owner-occupied duplex with 3 bedrooms each side. City water & sewer, in-town location, separate utilities, plenty of parking, a huge backyard, and rent is below market. Somersworth is small, safe, and friendly. Its attributes include many amenities found in much larger cities, such as public water and sewer, a fitness facility, urban parks, splash pad, schools, playgrounds and ball fields. Fishing, boating and plenty of fresh air can be found at Willand Pond and Mast Point Dam Recreation Areas. This sense of community is what makes Somersworth a special place to live, work and play.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2591
  • Sq Ft - Apx Unfinished BG: 1098

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Shingle, Wood
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Refrigerators: 2

Schools

  • School District: Somersworth

Lot Info

  • Map: 11
  • Lot Sq Ft: 12179
  • Lot Acres: 0.2796
  • Lot Description: Sloping
  • Zoning: R1AH
  • Deed Book: 4102
  • Deed Page: 0475
  • Deed Recorded Type: Quit Claim

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5963
  • Tax Year: 2019

MLS Schools

  • School District: Somersworth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2012
Closed on
Feb 13, 2013
Sold by
Kreticos Stephen J
Bought by
Fhlmc
Seller's Agent
Peggy Knoettner
EXP Realty
Buyer's Agent
Katie Carleton
KW Coastal and Lakes & Mountains Realty
List Price
$84,900
Sold Price
$85,000
Premium/Discount to List
$100
0.12%
Total Days on Market
62
Current Estimated Value
$389,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,742
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
Dec 26, 2006
Sold by
Croteau Thomas M and Croteau Michelina E
Bought by
Kreticos Stephen J and Kreticos Kim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.35%

Purchase Details

Closed on
May 31, 2000
Sold by
Fisher Theodore
Bought by
Croteau Thomas M and Croteau Michelina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
8.14%

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
Fhlmc $144,900 --
Fhlmc $144,900 --
Kreticos Stephen J $192,000 --
Kreticos Stephen J $192,000 --
Croteau Thomas M $62,000 --
Croteau Thomas M $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Aaron $90,000
Open Stevens Aaron $190,400
Closed Lucky 76 Llc $125,000
Previous Owner Croteau Thomas M $153,600
Previous Owner Croteau Thomas M $49,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $238,000 -4.4% $92 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
11/13/2020 11/13/20 Price Changed $249,000 -3.5% $96 / Sq Ft
10/22/2020 10/22/20 For Sale $258,000 +203.5% $100 / Sq Ft
02/27/2013 02/27/13 Sold $85,000 +0.1% $32 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $84,900 -- $32 / 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
2023 $6,124 $209,000 $25,000 $184,000
2022 $5,871 $209,000 $25,000 $184,000
2021 $5,754 $209,000 $25,000 $184,000
2020 $6,088 $218,600 $25,000 $193,600
2019 $101 $218,600 $25,000 $193,600
2018 $4,581 $137,100 $39,800 $97,300
2017 $4,692 $141,800 $39,800 $102,000
2016 $89 $137,300 $39,800 $97,500
2015 $4,428 $137,300 $39,800 $97,500
2014 $4,276 $137,300 $39,800 $97,500
Source: Public Records

Agents Affiliated with this Home

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Source: PrimeMLS

MLS Number: 4835562

PrimeMLS

APN: SMSW-000011-000086