NOT LISTED FOR SALE

168 High St Somersworth, NH 03878

Estimated Value: $334,000 - $405,000

7 Beds
5 Baths
3,857 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $560,000 $145 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $2,575/month

33 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Hot Water Heating System
  • Deck
  • Screened Porch
  • 2-minute walk to Noble Pines Park

About This Home

As of May 2022

Wonderful opportunity to start or add to your investment portfolio. Two multi families on abutting lots are being sold as 1 package. These properties have been owned by one family for 50+ years with a solid rental history & pride of ownership. 162-166 High is a cape style with 1 studio & 2- 2 bedroom units. 168 High is NE duplex with 2 oversized 1 bedroom units. They are very well maintained with updates throughout and the units are lovely & pleasure to show. Ample off street parking and the combination of the two offers possibilities & potential. Nice in-town location and walkable to downtown. Don't miss this opportunity!

Last Agent to Sell the Property

Beverly Brooks

RE/MAX Shoreline License #010726 Listed on: 03/14/2022

RE/MAX Shoreline

Last Buyer's Agent

Michael Allen

Allen Family Real Estate License #057751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,830

Year Built

  • Built in 1850

Lot Details

  • 10,803 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Cape Cod Architecture
  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2.5-Story Property
  • Screened Porch

Flooring

  • Wood
  • Carpet
  • Vinyl Plank
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Dirt Floor
  • Natural lighting in basement

Parking

  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Deck

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 111
  • 28% Total Tax Rate

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $22,320
  • Gross Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,830

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape, Duplex, Multi-Family, New Englander
  • Directions: Take High Street/Rte 9 towards downtown. Properties will be on the right before the intersection of West High, High & Washington Street. Driveways between 162 & 168 High and between 162 High & 96 Washington.
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 145.19
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6356
  • Sq Ft - Apx Total Finished: 3857
  • Year Built: 1850
  • Remarks Public: Wonderful opportunity to start or add to your investment portfolio. Two multi families on abutting lots are being sold as 1 package. These properties have been owned by one family for 50+ years with a solid rental history & pride of ownership. 162-166 High is a cape style with 1 studio & 2- 2 bedroom units. 168 High is NE duplex with 2 oversized 1 bedroom units. They are very well maintained with updates throughout and the units are lovely & pleasure to show. Ample off street parking and the combination of the two offers possibilities & potential. Nice in-town location and walkable to downtown. Don't miss this opportunity!
  • List Agent: 20802
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Vinyl, Vinyl Plank, Wood
  • Total Rooms Above Ground: 18
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Daylight, Dirt Floor, Full, Stairs - Interior, Unfinished, Walkout, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 3857
  • Sq Ft - Apx Unfinished AG: 262
  • Sq Ft - Apx Unfinished BG: 2237

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Aluminum
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Deck, Porch, Porch - Covered, Porch - Enclosed, Porch - Screened

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Dead River
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler, Oil
  • Heating Fuel: Oil
  • Heating: Hot Air, Hot Water
  • Electric Company: Eversource
  • Separate Utilities: Varies
  • Total Electric Meters: 6
  • Total Heat Units: 2
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 1
  • Trash: Municipal
  • Utilities: Cable

Lot Info

  • Map: 10
  • Lot: 111
  • Lot Sq Ft: 10803
  • Lot Acres: 0.248
  • Lot Description: City Lot, Level, Sidewalks
  • Surveyed: Yes
  • Zoning: R3H
  • Deed Book: 4126
  • Deed Page: 823
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 58200
  • Total Units: 5
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 2

Tax Info

  • Taxes TBD: Unknown
  • Tax Rate: 27.53
  • Tax Gross Amount: 10830.3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
May 31, 2022
Sold by
G N & Ruth G Lucey Ret and Lucey
Bought by
Allen Michael D and Allen Patricia A
Seller's Agent
Beverly Brooks
RE/MAX Shoreline
Buyer's Agent
Michael Allen
Allen Family Real Estate
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%
Current Estimated Value
$375,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$184,347
Avg. Annual Appreciation
-12.64%
Original Mortgage
$210,000
Outstanding Balance
$200,690
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,238
Source: Public Records

Range of Values:

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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
Allen Michael D $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Michael D $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $560,000 -4.3% $145 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $585,000 -- $152 / 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 $5,960 $318,700 $90,400 $228,300
2023 $5,582 $190,500 $31,100 $159,400
2022 $5,351 $190,500 $31,100 $159,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4900746

PrimeMLS

APN: SMSW M:10 B:111 L:2