$540,000
SOLD MAY 16, 2025
6 Beds
2 Baths
2,595 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

4% Above List Price

6 Days on Market

About This Home

As of May 2025

Welcome to 16 Ridge St,Nashua,NH,a fantastic multi-family property opportunity.This well-maintained building features 2 spacious,updated units,each boasting 3 generous bedrooms.The expansive driveway provides ample parking,making it convenient for tenants and guests alike.The 1st unit welcomes you with its 3 bedrooms,1 bath,and a large kitchen equipped with laundry hookups.The beautiful living room,adorned with decorative columns,adds a touch of charm and character to the space.The 2nd unit is equally impressive,featuring 3 bedrooms,1 bath,and a modern kitchen that meets contemporary standards.A stunning loft area enhances the living experience,providing extra space for relaxation or entertainment.Ample parking and as a BONUS,the corner adjacent lot is being included,as specified on the deed.One of the standout benefits of this property is the separate utilities for each unit,ensuring ease of management and efficiency.The building boasts a strong rental history. Schedule your showing

Last Agent to Sell the Property

Mariana Silva

Invest Realty Group Listed on: 04/09/2025

Last Buyer's Agent

Mariana Silva

Invest Realty Group Listed on: 04/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,840

Year Built

  • Built in 1880

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,595 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • 6 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Schools

  • Mt Pleasant Elementary School
  • Pennichuck Middle School
  • North High School

Utilities

  • 200+ Amp Service

Community Details

  • 2 Units
  • Net Operating Income $45,600

Listing and Financial Details

  • Total Actual Rent $3,800
  • Legal Lot and Block 00131 / 42
  • Assessor Parcel Number M:42 L:00131,134048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,840

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Levels: 3
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Dirt Floor, Unfinished
  • Above Grade Finished Sq Ft: 2595
  • Living Area: 2595
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: NB5311
  • MAIN SO: NB5311

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:42 L:00131,134048
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7840
  • Tax Block: 42
  • Tax Lot: 00131

Multi Family

  • Net Operating Income: 45600
  • Number Of Units Total: 2
  • Total Actual Rent: 3800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

MLS Schools

  • High School: North
  • Elementary School: Mt Pleasant
  • Middle Or Junior School: Pennichuck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 16, 2025
Sold by
Ricardo Paim Ret and Paim
Bought by
Michael Sema M and Michael Feras
Seller's Agent
Mariana Silva
Invest Realty Group
Buyer's Agent
Mariana Silva
Invest Realty Group
List Price
$519,900
Sold Price
$540,000
Premium/Discount to List
$20,100
3.87%
Views
62
Current Estimated Value
$542,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,865
Avg. Annual Appreciation
0.95%
Original Mortgage
$370,000
Outstanding Balance
$368,687
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,178

Purchase Details

Closed on
Jul 25, 2024
Sold by
Paim Ricardo
Bought by
Ricardo Paim Ret and Paim

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 19, 2021
Sold by
Flanders Nicholas J
Bought by
Paim Ricardo
Seller's Agent
Savannah Levasseur
Kara and Co - Real Broker NH,LLC
Buyer's Agent
Mariana Silva
Albert Invest Realty Group
List Price
$375,000
Sold Price
$413,000
Premium/Discount to List
$38,000
10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$302,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2020
Sold by
Thorp Maxwell
Bought by
Flanders Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2016
Closed on
Feb 6, 2017
Sold by
Fisher John and Fisher Serah C
Bought by
Thorp Maxwell
Seller's Agent
Marsha Foster
BHHS Verani Bedford
Buyer's Agent
Stephan Morrissey
East Key Realty
List Price
$184,900
Sold Price
$183,901
Premium/Discount to List
-$999
-0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$180,568
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2008
Sold by
Hsbc Bank Usa
Bought by
Fisher John and Fisher Serah C

Purchase Details

Closed on
Jul 11, 2007
Sold by
Camillo Gregory B
Bought by
Nomura Asset Acceptanc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Alvarado Lucila A
Bought by
Camilo Gregory B

Purchase Details

Closed on
Nov 17, 2000
Sold by
Costa Arturo
Bought by
Alvarado Lucila A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Fiduciary Deed $540,000 None Available
Fiduciary Deed $540,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $413,000 None Available
Warranty Deed $413,000 None Available
Warranty Deed $413,000 None Available
Warranty Deed $315,000 None Available
Warranty Deed $315,000 None Available
Warranty Deed $315,000 None Available
Warranty Deed $183,933 --
Warranty Deed $183,933 --
Warranty Deed $183,933 --
Deed $119,900 --
Deed $119,900 --
Deed $230,000 --
Deed $230,000 --
Deed $249,900 --
Deed $249,900 --
Warranty Deed $127,900 --
Warranty Deed $127,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,000 Purchase Money Mortgage
Closed $370,000 Purchase Money Mortgage
Previous Owner $302,250 Purchase Money Mortgage
Previous Owner $309,294 New Conventional
Previous Owner $180,568 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2025 05/16/25 Sold $540,000 +3.9% $208 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $519,900 +25.9% $200 / Sq Ft
07/19/2021 07/19/21 Sold $413,000 +10.1% $189 / Sq Ft View Prior Sale
06/07/2021 06/07/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $375,000 +103.9% $172 / Sq Ft
02/03/2017 02/03/17 Sold $183,901 -0.5% $88 / Sq Ft View Prior Sale
12/14/2016 12/14/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $184,900 -- $88 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,840 $493,100 $91,600 $401,500
2023 $7,186 $394,200 $73,300 $320,900
2022 $7,123 $394,200 $73,300 $320,900
2021 $5,283 $227,500 $48,900 $178,600
2020 $5,144 $227,500 $48,900 $178,600
2019 $4,950 $227,500 $48,900 $178,600
2018 $4,825 $227,500 $48,900 $178,600
2017 $4,596 $178,200 $55,000 $123,200
2016 $4,467 $178,200 $55,000 $123,200
2015 $4,371 $178,200 $55,000 $123,200
2014 $4,286 $178,200 $55,000 $123,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73357481

MLS Property Information Network (MLS PIN)

APN: NASH-000042-000000-000131