NOT LISTED FOR SALE

17 Academy St Rochester, NH 03867

Estimated Value: $393,680

4 Beds
2 Baths
2,090 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $198,000 $95 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,643/month

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Zoned Heating System
  • Level Lot
  • Double Pane Windows
  • Property has an invisible fence for dogs

About This Home

As of February 2019

Here’s a great opportunity for an investment property or owner occupied situation. The front unit is a 3 bedroom (also has first floor bonus room with closet) with 2 full baths, sun porch and additional office/playroom/bonus room on each floor. Front unit is currently empty. Back unit is a recently updated 1 bedroom and currently rented. Fenced in yard and garage. (Garage used for storage only.) Propane heat with one furnace replaced in 2016. Washer dryer hookups for front unit in basement. Vinyl sided, town water and sewer. Estimated $22,000-$25,000 per year in gross rents & tenants pay for heat, electricity and hot water. Call to set up your showing today.

Last Agent to Sell the Property

Jon McCormack

Duston Leddy Real Estate Brokerage Phone: 800-450-7748 License #068724 Listed on: 01/01/2019

Last Buyer's Agent

Heather Kretschmar

EXP Realty License #059937

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,173

Year Built

  • Built in 1906

Lot Details

  • 10,454 Sq Ft Lot
  • Property has an invisible fence for dogs
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Shared Driveway
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Double Pane Windows

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Schools

  • Rochester Middle School
  • Spaulding High School

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Electric Water Heater

Listing and Financial Details

  • Tax Block 0196

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,700
  • Net Operating Income $18,911

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,173

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: Left onto Academy from South Main St. Property is on the right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 94.74
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2884
  • Sq Ft - Apx Total Finished: 2090
  • Year Built: 1906
  • Remarks Public: Here’s a great opportunity for an investment property or owner occupied situation. The front unit is a 3 bedroom (also has first floor bonus room with closet) with 2 full baths, sun porch and additional office/playroom/bonus room on each floor. Front unit is currently empty. Back unit is a recently updated 1 bedroom and currently rented. Fenced in yard and garage. (Garage used for storage only.) Propane heat with one furnace replaced in 2016. Washer dryer hookups for front unit in basement. Vinyl sided, town water and sewer. Estimated $22,000-$25,000 per year in gross rents & tenants pay for heat, electricity and hot water. Call to set up your showing today.
  • List Agent: 16216
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 2090
  • Sq Ft - Apx Unfinished BG: 794

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Vinyl
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Fence - Dog, Windows - Double Pane

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Off Street, Paved
  • Garage: Yes
  • Garage Description: Unassigned
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Forced Air, Multi Zone
  • Separate Utilities: Yes
  • Total Heat Units: 3
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 3
  • Trash: Municipal

Schools

  • School District: Rochester School District
  • Middle School: Rochester Middle School
  • High School: Spaulding High School
  • High School: Spaulding High School

Lot Info

  • Map: 0125
  • Lot: 0000
  • Lot Sq Ft: 10454
  • Lot Acres: 0.24
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: R2
  • Deed Book: 4189
  • Deed Page: 0088
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 24700
  • Net Income: 18911
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4173
  • Tax Year: 2017

MLS Schools

  • School District: Rochester School District
  • School Middle Jr: Rochester Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2019
Closed on
Feb 8, 2019
Sold by
Conroy Michael and Conroy Carol
Bought by
Martinez Rafael A
Seller's Agent
Jon McCormack
Duston Leddy Real Estate
Buyer's Agent
Heather Kretschmar
EXP Realty
List Price
$194,900
Sold Price
$198,000
Premium/Discount to List
$3,100
1.59%
Current Estimated Value
$393,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,680
Avg. Annual Appreciation
11.86%
Original Mortgage
$194,413
Outstanding Balance
$172,682
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$237,660

Purchase Details

Closed on
Aug 1, 2013
Sold by
Richard Linda M and Richard Charles A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 3, 2006
Sold by
Gamco Inc
Bought by
Goldman Jesssica and Goldman Richard Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1998
Sold by
Jones Kenneth J
Bought by
Gamco Inc
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
Martinez Rafael A $198,000 --
Martinez Rafael A $198,000 --
Federal National Mortgage Association $168,800 --
Federal National Mortgage Association $168,800 --
Goldman Jesssica $235,000 --
Goldman Jesssica $235,000 --
Gamco Inc $78,000 --
Gamco Inc $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz-Martinez Rafael A $100,000
Open Martinez Rafael A $194,413
Closed Martinez Rafael A $194,413
Previous Owner Gamco Inc $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $198,000 +1.6% $95 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
01/01/2019 01/01/19 For Sale $194,900 +78.8% $93 / Sq Ft
12/30/2013 12/30/13 Sold $109,000 -0.8% $52 / Sq Ft
12/08/2013 12/08/13 Pending -- -- --
12/06/2013 12/06/13 For Sale $109,900 -- $53 / 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 $5,628 $379,000 $89,000 $290,000
2023 $5,120 $198,900 $39,900 $159,000
2022 $5,028 $198,900 $39,900 $159,000
2021 $4,903 $198,900 $39,900 $159,000
2020 $4,895 $198,900 $39,900 $159,000
2019 $4,953 $198,900 $39,900 $159,000
2018 $4,362 $158,500 $35,400 $123,100
2017 $4,173 $158,500 $35,400 $123,100
2016 $3,609 $127,700 $35,400 $92,300
2015 $3,595 $127,700 $35,400 $92,300
2014 $3,508 $127,700 $35,400 $92,300
2013 $3,733 $141,600 $48,700 $92,900
2012 $3,636 $141,600 $48,700 $92,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4731471

PrimeMLS

APN: RCHE-000125-000196