NOT LISTED FOR SALE

16 Springfield Ct Rochester, NH 03867

Estimated Value: $449,000 - $478,115

6 Beds
2 Baths
2,112 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $425,000 $201 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,009/month

6 Days on Market

About This Home

As of April 2024

This is the duplex you all have been looking for! 8.66% cap rate with potential over 13%. Nestled on a quiet dead-end street, this property offers an oversized 3/4 acre lot boasting 180 feet of frontage on the incredible Cocheco River. Step into the lower unit, where meticulous renovations have transformed every corner with contemporary flair. The kitchen is a culinary haven, showcasing exquisite butcher countertops, sleek grey cabinetry, and a pristine white tile backsplash. Throughout the home, beautiful hardwood floors gleam, complemented by charming tray and tin ceilings that add character to every room. The updated bathroom features a brand-new tub, vanity, and stunning tile work. The home has 180 degree views of the Cocheco River, with incredible views right from the bedrooms and kitchen areas. The upstairs unit is spacious with 4 bedrooms which includes an extensive open loft area. Tray ceilings and hardwood floors continue the theme of character throughout this space. Thats not all, the property includes plenty of parking, a spacious backyard, and newer vinyl windows throughout. The property is zoned R2, which would allow additional units to be built on the property by both density and zoning rights due to its large lot size. Delayed PRIVATE showings begin on Sunday, March 24.

Last Agent to Sell the Property

Andy Yau

RE/MAX Shoreline Listed on: 03/20/2024

RE/MAX Shoreline

Last Buyer's Agent

Anne Golding

New Space Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,985

Year Built

  • Built in 1911

Lot Details

  • 0.75 Acre Lot
  • Open Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,112 Sq Ft Home
  • 2.5-Story Property
  • Walk-Out Basement

Utilities

  • Radiator
  • Heating System Uses Oil
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 0054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,985

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 201.23
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2112
  • Sq Ft - Apx Total Finished: 2112
  • Year Built: 1911
  • Remarks Public: This is the duplex you all have been looking for! 8.66% cap rate with potential over 13%. Nestled on a quiet dead-end street, this property offers an oversized 3/4 acre lot boasting 180 feet of frontage on the incredible Cocheco River. Step into the lower unit, where meticulous renovations have transformed every corner with contemporary flair. The kitchen is a culinary haven, showcasing exquisite butcher countertops, sleek grey cabinetry, and a pristine white tile backsplash. Throughout the home, beautiful hardwood floors gleam, complemented by charming tray and tin ceilings that add character to every room. The updated bathroom features a brand-new tub, vanity, and stunning tile work. The home has 180 degree views of the Cocheco River, with incredible views right from the bedrooms and kitchen areas. The upstairs unit is spacious with 4 bedrooms which includes an extensive open loft area. Tray ceilings and hardwood floors continue the theme of character throughout this space. Thats not all, the property includes plenty of parking, a spacious backyard, and newer vinyl windows throughout. The property is zoned R2, which would allow additional units to be built on the property by both density and zoning rights due to its large lot size. Delayed PRIVATE showings begin on Sunday, March 24.
  • List Agent: 283493
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Internet - Cable
  • Architectural Style: Duplex
  • ResoLotFeatures: Open, Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor
  • Sq Ft - Apx Finished AG: 2112

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Radiator
  • Water Source: Public

Lot Info

  • Map: 0124
  • Lot: 000
  • Lot Sq Ft: 32670
  • Lot Acres: 0.75
  • Surveyed: Unknown
  • Zoning: R2
  • Deed Book: 5045
  • Deed Page: 709
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 3985
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 5, 2024
Sold by
Sleight Nathan J and Sleight Katherine M
Bought by
Long Holdings Llc
Seller's Agent
Andy Yau
RE/MAX Shoreline
Buyer's Agent
Anne Golding
New Space Real Estate, LLC
List Price
$349,900
Sold Price
$425,000
Premium/Discount to List
$75,100
21.46%
Views
125
Current Estimated Value
$468,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,529
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Jun 30, 2022
Sold by
Hill Jonathan and Hill Kate
Bought by
Sleight Nathan J and Sleight Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2021
Sold by
Walter Michael
Bought by
Hill Jonathan and Hill Kate

Purchase Details

Closed on
Oct 28, 2005
Sold by
Stiles Phillip J and Stiles Priscilla G
Bought by
Walter Laureen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,293
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Long Holdings Llc $425,000 None Available
Long Holdings Llc $425,000 None Available
Sleight Nathan J $250,000 None Available
Sleight Nathan J $250,000 None Available
Hill Jonathan $130,000 None Available
Hill Jonathan $130,000 None Available
Walter Laureen M $186,900 --
Walter Lauren M $186,900 --
Walter Lauren M $186,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sleight Nathan J $187,500
Previous Owner Walter Lauren M $33,700
Previous Owner Walter Lauren M $180,000
Previous Owner Walter Lauren M $181,293
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $425,000 +21.5% $201 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $349,900 -- $166 / 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 $6,161 $414,900 $127,400 $287,500
2023 $4,008 $155,700 $43,300 $112,400
2022 $3,936 $155,700 $43,300 $112,400
2021 $3,838 $155,700 $43,300 $112,400
2020 $3,832 $155,700 $43,300 $112,400
2019 $3,877 $155,700 $43,300 $112,400
2018 $3,652 $130,400 $38,500 $91,900
2017 $3,433 $130,400 $38,500 $91,900
2016 $2,996 $106,000 $38,500 $67,500
2015 $2,984 $106,000 $38,500 $67,500
2014 $2,912 $106,000 $38,500 $67,500
2013 $3,155 $119,700 $52,900 $66,800
2012 $3,074 $119,700 $52,900 $66,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4988563

PrimeMLS

APN: RCHE-000124-000054