W
Seller's Agent in 2021
Wayne Farmer
EXP Realty
(603) 630-2939
9 in this area
27 Total Sales
162 N Main St Franklin, NH 03235
Estimated Value: $263,000 - $316,000
13
Beds
6
Baths
5,133
Sq Ft
$57/Sq Ft
Est. Value
Highlights
- Water Views
- Parking Storage or Cabinetry
- High Speed Internet
- 2 Car Attached Garage
- Baseboard Heating
About This Home
As of June 2021Investors!! Do not miss out on this cash cow!! Here is your chance to own a 6 unit fully-occupied property with great rental history. The property consists of a 5 unit building and a single family home with plenty of parking (paved) and a 2 stall garage for storage. The 5 units have been continuously updated including newer siding, asphalt/metal roofing, windows, insulation, flooring, electrical, plumbing, 5 gas furnaces, 5 hot water heaters (separate utilities) and coin operated washers and dryers in the basement. The single family was gutted approximately 10 years ago and has been recently updated with a newer metal roof and washer and dryer hook-ups in the basement. Both buildings meet the City of Franklin rental codes and are located within walking distance to downtown Franklin, convenience stores and restaurants. See attached full page list of all updates.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,723
Year Built
- Built in 1900
Lot Details
- 0.41 Acre Lot
- Lot Sloped Up
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Automatic Garage Door Opener
- Shared Driveway
Home Design
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 6 Full Bathrooms
- 3-Story Property
- Water Views
Unfinished Basement
- Connecting Stairway
- Interior Basement Entry
Schools
- Paul A. Smith Elementary School
- Franklin Middle School
- Franklin High School
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
- Separate Meters
- 100 Amp Service
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 6 Units
- 6 Separate Gas Meters
Listing and Financial Details
- Tax Lot 50 & 52
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2021
Closed on
Jun 24, 2021
Sold by
2016 Farmer Revocalbe Rt
Bought by
156 & 162 N Main St Llc
Seller's Agent
Wayne Farmer
EXP Realty
Buyer's Agent
Angel Alvarez
Blackwood Properties
List Price
$595,000
Sold Price
$485,000
Premium/Discount to List
-$110,000
-18.49%
Total Days on Market
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$190,000
Avg. Annual Appreciation
-12.06%
Original Mortgage
$363,750
Outstanding Balance
$332,895
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$37,895
Purchase Details
Closed on
Feb 11, 2016
Sold by
Remraf Llc
Bought by
Farmer Ret
Purchase Details
Closed on
Apr 2, 2002
Sold by
Frank M Haley T
Bought by
Farmer Charles B and Farmer Christine D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 156 & 162 N Main St Llc | $485,000 | None Available | |
| Farmer Ret | -- | -- | |
| Farmer Charles B | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 156 & 162 N Main St Llc | $363,750 | |
| Previous Owner | Remraf Llc | $164,609 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2021 06/24/21 | Sold | $485,000 | -18.5% | $94 / Sq Ft |
| 05/08/2021 05/08/21 | Pending | -- | -- | -- |
| 03/25/2021 03/25/21 | For Sale | $595,000 | -- | $116 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $3,723 | $217,100 | $78,800 | $138,300 |
| 2023 | $3,530 | $217,100 | $78,800 | $138,300 |
| 2022 | $3,198 | $131,100 | $63,800 | $67,300 |
| 2021 | $3,043 | $131,100 | $63,800 | $67,300 |
| 2020 | $2,994 | $131,100 | $63,800 | $67,300 |
| 2019 | $2,946 | $131,100 | $63,800 | $67,300 |
| 2018 | $2,879 | $131,100 | $63,800 | $67,300 |
| 2017 | $2,518 | $98,500 | $26,600 | $71,900 |
| 2016 | $2,485 | $98,500 | $26,600 | $71,900 |
| 2015 | $1,720 | $68,950 | $18,620 | $50,330 |
| 2011 | $2,462 | $114,400 | $27,500 | $86,900 |
Source: Public Records
Agents Affiliated with this Home
-
Wayne Farmer
-
A
Buyer's Agent in 2021
Angel Alvarez
Blackwood Properties
Map
Source: PrimeMLS
MLS Number: 4852563
APN: FRKN-000097-000052
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