NOT LISTED FOR SALE

15 School St Unit 17 Dover, NH 03820

Estimated Value: $581,000 - $738,000

4 Beds
3 Baths
2,415 Sq Ft
$272/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $445,000 $184 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,321/month

94 Days on Market

Highlights

  • Colonial Architecture
  • Bamboo Flooring
  • Forced Air Heating System
  • Deck
  • Double Pane Windows
  • 1-minute walk to Immigrants park

About This Home

As of November 2020

Back on the market due to buyer financing. This property generates over $41,000 gross income with very low expenses because tenants pay ALL utilities right down to the water and sewer! This an ideal investment opportunity, 1031 exchange or owner occupied all in a fantastic location at the center of one of New Hampshire’s fastest growing communities. This historic Dover three unit isn’t just close to downtown Dover, it’s right in the heart of it! Steps from downtown restaurants, bars, parks, supermarkets, Public Library, Town Hall, coffee shops and The Dover Childrens’ Museum - this an ideal location. Just minutes to Maine and Portsmouth and easy walking distance to the Amtrak Downeaster, this is also an ideal commuter location. With a grassy yard space for kids and pets, in unit laundry in 2 of the units, 1.5 baths in 2 of the units, separate natural gas heat, hardwired smoke detectors plus space to park - this is a truly rare opportunity. Layout is a 1 bedroom unit with bonus room and one bath, a 2 bedroom unit with 1.5 baths and in unit laundry and a 1 bedroom unit with 1.5 baths and large living room with deck and in unit laundry. Don’t miss out! Showings Monday to Friday between 9am and 3pm only.

Last Agent to Sell the Property

Jon McCormack

Duston Leddy Real Estate License #068724 Listed on: 07/10/2020

Last Buyer's Agent

Paula Igoe

Arthur Thomas Properties License #055386

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,814

Year Built

  • Built in 1890

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Bamboo
  • Softwood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • 110 Car Parking Spaces
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Dover Middle School
  • Dover High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Controls for Heating
  • 100 Amp Service
  • Gas Available
  • Separate Water Meter
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Washers and dryers belong to tenants
  • Tax Block 11

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $40,680
  • Net Operating Income $29,869

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,814

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Colonial, Multi-Family
  • Directions: From Central Ave, right on School St., property on right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Items Excluded: Washers and dryers belong to tenants
  • Total Stories: 2
  • Price Per Sq Ft: 184.27
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4531
  • Sq Ft - Apx Total Finished: 2415
  • Property Type: Multi-Family
  • Year Built: 1890
  • Remarks Public: Back on the market due to buyer financing. This property generates over $41,000 gross income with very low expenses because tenants pay ALL utilities right down to the water and sewer! This an ideal investment opportunity, 1031 exchange or owner occupied all in a fantastic location at the center of one of New Hampshire’s fastest growing communities. This historic Dover three unit isn’t just close to downtown Dover, it’s right in the heart of it! Steps from downtown restaurants, bars, parks, supermarkets, Public Library, Town Hall, coffee shops and The Dover Childrens’ Museum - this an ideal location. Just minutes to Maine and Portsmouth and easy walking distance to the Amtrak Downeaster, this is also an ideal commuter location. With a grassy yard space for kids and pets, in unit laundry in 2 of the units, 1.5 baths in 2 of the units, separate natural gas heat, hardwired smoke detectors plus space to park - this is a truly rare opportunity. Layout is a 1 bedroom unit with bonus room and one bath, a 2 bedroom unit with 1.5 baths and in unit laundry and a 1 bedroom unit with 1.5 baths and large living room with deck and in unit laundry. Don’t miss out!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Bamboo, Carpet, Softwood, Vinyl
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Full, Sump Pump, Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 2415
  • Sq Ft - Apx Unfinished AG: 684
  • Sq Ft - Apx Unfinished BG: 1432

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Brick, Concrete, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Deck, Windows - Double Pane

Garage/Parking

  • Parking: Off Street, Parking Spaces 1 - 10

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Metered, Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Forced Air, Hot Air, Individual
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Gas - On-Site

Schools

  • School District: Dover School District SAU #11
  • Middle School: Dover Middle School
  • High School: Dover High School
  • High School: Dover High School

Lot Info

  • Map: 3
  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: City Lot
  • Surveyed: Yes
  • Surveyed By: Civil Consultants/McEnnay
  • Zoning: CBD
  • Deed Book: 3778
  • Deed Page: 12
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 40680
  • Net Income: 29869
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 7814
  • Tax Year: 2019

MLS Schools

  • School District: Dover School District SAU #11
  • School Middle Jr: Dover Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Nov 13, 2020
Sold by
D A Foumier T 2005
Bought by
Curley Kyle
Seller's Agent
Jon McCormack
Duston Leddy Real Estate
Buyer's Agent
Paula Igoe
Arthur Thomas Properties
List Price
$439,900
Sold Price
$445,000
Premium/Discount to List
$5,100
1.16%
Total Days on Market
94
Current Estimated Value
$655,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,779
Avg. Annual Appreciation
8.15%
Original Mortgage
$422,750
Outstanding Balance
$380,454
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$254,690

Purchase Details

Closed on
Sep 24, 2009
Sold by
Lynda P Copeland Ret and Copeland Lynda P
Bought by
Dean A Fournier Ret and Fournier Dean A
Source: Public Records

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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
Curley Kyle $445,000 None Available
Dean A Fournier Ret $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curley Kyle $422,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $445,000 +1.2% $184 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $439,900 0.0% $182 / Sq Ft
09/24/2020 09/24/20 Price Changed $439,900 -4.3% $182 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $459,900 -- $190 / 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 $10,081 $554,800 $122,800 $432,000
2023 $9,056 $484,300 $118,900 $365,400
2022 $8,795 $443,300 $111,000 $332,300
2021 $8,953 $412,600 $118,900 $293,700
2020 $8,384 $337,400 $114,900 $222,500
2019 $7,814 $310,200 $103,000 $207,200
2018 $7,384 $296,300 $95,100 $201,200
2017 $6,429 $248,500 $63,400 $185,100
2016 $6,060 $230,500 $66,700 $163,800
2015 $5,777 $217,100 $66,700 $150,400
2014 $5,647 $217,100 $66,700 $150,400
2011 $5,619 $223,700 $67,500 $156,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4815850

PrimeMLS

APN: DOVR-003011