NOT LISTED FOR SALE

Estimated Value: $634,000 - $648,000

6 Beds
3 Baths
2,892 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 06, 2017

Last sale price $210,000 $73 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $4,142/month

20 Days on Market

About This Home

As of April 2017

HUD Property. FHA Case #341-085530. Sold "AS-IS" by electronic bid only. Property available 02-09-17. Bids due by 02/18/17 at 11:59PM Central Time then daily until sold. Insured. Eligible for FHA203K. Multi-family building with 3 units in the sought after West Side of Manchester. Separate utilities for each unit, off street parking and plenty of income earning potential. Convenient city location close to parks, stores, downtown and schools.Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, 3 units. LBP Addendum. Financing terms: FHA, cash or conventional. There are 7 bedrooms per FHA appraisal.

Last Listed By

Steve Cotran

RE/MAX Area Real Estate Network LTD License #008985 Listed on: 02/09/2017

RE/MAX Area Real Estate Network LTD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,679

Year Built

  • Built in 1885

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,892 Sq Ft Home
  • 3-Story Property

Basement

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

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 0029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,679

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 3
  • Price Per Sq Ft: 72.61
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2892
  • Sq Ft - Apx Total Finished: 2892
  • Year Built: 1885
  • Remarks Public: HUD Property. FHA Case #341-085530. Sold "AS-IS" by electronic bid only. Property available 02-09-17. Bids due by 02/18/17 at 11:59PM Central Time then daily until sold. Insured. Eligible for FHA203K. Multi-family building with 3 units in the sought after West Side of Manchester. Separate utilities for each unit, off street parking and plenty of income earning potential. Convenient city location close to parks, stores, downtown and schools.Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, 3 units. LBP Addendum. Financing terms: FHA, cash or conventional. There are 7 bedrooms per FHA appraisal.
  • List Agent: 2856
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 2892

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Flat, Tar and Gravel

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • Separate Utilities: Yes

Lot Info

  • Map: 0190
  • Lot: 0029
  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: res
  • Deed Book: 8545
  • Deed Page: 1887
  • Deed Recorded Type: Foreclosure

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 4679
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Stragis Realty Llc
Bought by
Wrep 5 Llc
Total Days on Market
20
Current Estimated Value
$642,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,572,500
Outstanding Balance
$2,540,417
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,898,417

Purchase Details

Listed on
Feb 9, 2017
Closed on
Apr 10, 2017
Sold by
Department Of Housing & Urban Dev
Bought by
Stragix Realty Llc
Seller's Agent
Steve Cotran
RE/MAX Area Real Estate Network LTD
Buyer's Agent
Steve Cotran
RE/MAX Area Real Estate Network LTD
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
Original Mortgage
$166,800
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2017
Closed on
Feb 6, 2017
Sold by
Midfirst Bank
Bought by
Department Of Housing & Urban Dev
Seller's Agent
Steve Cotran
RE/MAX Area Real Estate Network LTD
Buyer's Agent
Steve Cotran
RE/MAX Area Real Estate Network LTD
List Price
$210,000
Sold Price
$210,000

Purchase Details

Closed on
Aug 29, 2013
Sold by
Department Of Housing & Urban Dev
Bought by
Midfirst Bank

Purchase Details

Closed on
Apr 4, 2013
Sold by
Midfirst Bank
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Nov 26, 2012
Sold by
Favuzza Carmen and Midfirst Bank
Bought by
Midfirst Bank

Purchase Details

Closed on
Jul 19, 2005
Sold by
Porcelli David G and Porcelli Diane L
Bought by
Favuzza Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,575
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Miller Kirk A and Miller Victoria J
Bought by
Pocelli David G and Pocelli Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,160
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1998
Sold by
Boyle Andrew F
Bought by
Miller Kirk A and Miller Victoria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 1996
Sold by
Stpierre Gaston and St Pierre Liliane
Bought by
Boyle Andrew F

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
Wrep 5 Llc $2,782,000 None Available
Stragix Realty Llc $210,000 --
Department Of Housing & Urban Dev -- --
Midfirst Bank -- --
Department Of Housing & Urban Dev $298,500 --
Department Of Housing & Urban Dev -- --
Midfirst Bank $319,800 --
Favuzza Carmen $332,000 --
Pocelli David G $142,400 --
Miller Kirk A $112,000 --
Boyle Andrew F $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wrep 5 Llc $2,572,500
Closed Wrep Five Llc $2,572,500
Previous Owner Stragix Realty Llc $308,000
Previous Owner Stragix Realty Llc $215,267
Previous Owner Stragix Realty Llc $227,200
Previous Owner Stragix Realty Llc $166,800
Previous Owner Boyle Andrew F $326,575
Previous Owner Boyle Andrew F $128,160
Previous Owner Boyle Andrew F $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2017 04/06/17 Sold $210,000 0.0% $73 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $210,000 -- $73 / 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 $6,571 $348,400 $84,600 $263,800
2022 $6,355 $348,400 $84,600 $263,800
2021 $6,160 $348,400 $84,600 $263,800
2020 $5,327 $216,000 $58,300 $157,700
2019 $5,253 $216,000 $58,300 $157,700
2018 $5,115 $216,000 $58,300 $157,700
2017 $5,037 $216,000 $58,300 $157,700
2016 $4,392 $189,800 $58,300 $131,500
2015 $4,679 $199,600 $58,300 $141,300
2014 $4,691 $199,600 $58,300 $141,300
2013 $4,525 $199,600 $58,300 $141,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4617586

PrimeMLS

APN: MNCH-000190-000000-000029