NOT LISTED FOR SALE

169 W Main St Conway, NH 03818

Estimated Value: $501,644

12 Beds
6 Baths
5,060 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $364,900 $72 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,690/month

72 Days on Market

Highlights

  • Water Access
  • Wooded Lot
  • Baseboard Heating
  • Deck
  • Covered patio or porch
  • Trails

About This Home

As of October 2020

CONWAY VILLAGE APARTMENT COMPLEX WITH POTENTIAL FOR ADDITIONAL UNITS WITH CONWAY AFFORDABLE ZONING ORDINANCE. Presently, the property is approved for five units. The front building is a circa 1900 cape-style home with new metal roof, vinyl siding, and vinyl clad windows. It is approved by the town for one unit. There presently are two there. The back two buildings were built in 1988. Each building has two units, which are two bedroom, one and a half bath units. All units have washer and dryer hookups except for unit 5 in the front building. Tenants pay heat and electric. Landlord pays water and sewer. All units in average condition except unit 5, which needs interior remodeling. Large level parcel of land with town water and sewer. Property is not in the flood plain. With size of the land and new affordable housing ordinance, it is perfect for additional units, if an owner desires.

Last Listed By

Margery MacDonald

Senne Residential LLC License #005405 Listed on: 05/26/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,052

Year Built

  • Built in 1900

Lot Details

  • 1.57 Acre Lot
  • Lot Sloped Up
  • Wooded Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Clap Board Siding
  • Vertical Siding

Interior Spaces

  • 6 Full Bathrooms
  • 1.5-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor
  • Apartment Living Space in Basement

Parking

  • 510 Car Parking Spaces
  • Dirt Driveway
  • Unpaved Parking

Outdoor Features

  • Water Access
  • Municipal Residents Have Water Access Only
  • Deck
  • Covered patio or porch

Schools

  • Conway Elementary School
  • A. Crosby Kennett Middle Sch
  • A. Crosby Kennett Sr. High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 192

Community Details

Overview

  • 5 Units

Recreation

  • Trails

Building Details

  • Gross Income $51,875
  • Net Operating Income $32,206

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,052

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Just north of Granite State Glass on West Main Street.
  • Flood Zone: Unknown
  • Footprint: 34x26,18x28,26x36,26x36
  • Assessment Amount: 353200
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 72.11
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: CONWAY VILLAGE APARTMENT COMPLEX WITH POTENTIAL FOR ADDITIONAL UNITS WITH CONWAY AFFORDABLE ZONING ORDINANCE. Presently, the property is approved for five units. The front building is a circa 1900 cape-style home with new metal roof, vinyl siding, and vinyl clad windows. It is approved by the town for one unit. There presently are two there. The back two buildings were built in 1988. Each building has two units, which are two bedroom, one and a half bath units. All units have washer and dryer hookups except for unit 5 in the front building. Tenants pay heat and electric. Landlord pays water and sewer. All units in average condition except unit 5, which needs interior remodeling. Large level parcel of land with town water and sewer. Property is not in the flood plain. With size of the land and new affordable housing ordinance, it is perfect for additional units, if an owner desires.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Apartments, Bulkhead, Dirt Floor, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 5060
  • Sq Ft - Apx Unfinished BG: 1388

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Clapboard, Vertical, Wood
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Shingle - Asphalt
  • Features Exterior: Deck, Patio, Porch - Covered
  • Water Body Type: Lake
  • Water Access Details: Municipal Residents Only
  • Water Body Name 2: Conway Lake
  • Water Body Access 2: Yes

Garage/Parking

  • Parking: Parking Spaces 5 - 10, Unpaved

Utilities

  • Cable Company: Spectrum
  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Baseboard, Direct Vent
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Trash: Dumpster
  • Utilities: Cable - At Site, Gas - Lp/Bottle, High Speed Intrnt -Atsite

Schools

  • School District: SAU #9
  • Elementary School: Conway Elem School
  • Middle School: A. Crosby Kennett Middle Sch
  • High School: A. Crosby Kennett Sr. High
  • Elementary School: Conway Elem School
  • High School: A. Crosby Kennett Sr. High

Lot Info

  • Map: 277
  • Lot: 192
  • Lot Sq Ft: 68389
  • Lot Acres: 1.57
  • Lot Description: Trail/Near Trail, Wooded
  • Surveyed: Yes
  • Surveyed By: HEB
  • Zoning: Commercial
  • Deed Book: 2647
  • Deed Page: 886
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 51875
  • Net Income: 32206
  • Total Full Baths: 6
  • Total Units: 5
  • Total2 Bedroom Units: 5

Tax Info

  • Tax Gross Amount: 8052
  • Tax Year: 2019

MLS Schools

  • School District: SAU #9
  • School Middle Jr: A. Crosby Kennett Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Oct 2, 2020
Sold by
Thomas H Kugel Ret and Kugel
Bought by
Donarumo Matthew
Seller's Agent
Margery MacDonald
Senne Residential LLC
Buyer's Agent
Margery MacDonald
Senne Residential LLC
List Price
$364,900
Sold Price
$364,900
Total Days on Market
72
Current Estimated Value
$501,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,744
Original Mortgage
$291,920
Outstanding Balance
$262,564
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2013
Sold by
Kugel Sarajane M Est
Bought by
Thomas H Kugel Ret

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
Donarumo Matthew $364,933 None Available
Donarumo Matthew $364,933 None Available
Donarumo Matthew $364,933 None Available
Thomas H Kugel Ret $56,600 --
Thomas H Kugel Ret $56,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donarumo Matthew $291,920
Closed Donarumo Matthew $291,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $364,900 0.0% $72 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $364,900 0.0% $72 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $364,900 -2.7% $72 / Sq Ft
06/18/2020 06/18/20 For Sale $374,900 0.0% $74 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $374,900 +13.6% $74 / Sq Ft
05/26/2020 05/26/20 For Sale $330,000 -- $65 / 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 $10,890 $847,500 $103,200 $744,300
2023 $10,102 $847,500 $103,200 $744,300
2022 $8,850 $454,800 $98,000 $356,800
2021 $6,838 $418,500 $98,000 $320,500
2020 $7,684 $418,500 $98,000 $320,500
2019 $7,248 $418,500 $98,000 $320,500
2018 $7,679 $353,200 $92,000 $261,200
2017 $7,057 $353,200 $92,000 $261,200
2016 $6,820 $353,200 $92,000 $261,200
2015 $6,743 $353,200 $92,000 $261,200
2014 $6,676 $354,000 $92,000 $262,000
2013 $5,840 $327,000 $92,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4807191

PrimeMLS

APN: CNWY-000277-000000-000192