$607,557
SOLD AUG 23, 2024 RENTED SEP 14, 2024

17 Beech St Newmarket, NH 03857

8 Beds
2 Baths
2,921 Sq Ft
0.62 Acres

Recently Sold

$208 Per Sq Ft

1% Above List Price

10 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Garden
  • Newmarket Elementary School Rated A-
  • Enclosed patio or porch
  • Forced Air Heating System

About This Home

As of August 2024

What a great opportunity to own large duplex in the heart of Newmarket! These units are spacious with 4 Bedrooms on each side on a large .62-acre lot. This property would make a great owner occupy to live on one side and collect rent on the other. Gleaming hardwood floors, freshly painted, move in ready. Investor's this would be a great investment with under market rents and room for improvement. Excellent location within 15 minutes to UNH. Walking distance to the vibrant downtown and the beautiful waterfront on the Lamprey River. Large lot with plenty of room for outdoor gatherings or gardening. Separate utilities along with private driveways and entrances on each side. Nice closed in porch to sit and enjoy the summer evenings. A nice shed on one side and a garage on the other side.

Last Agent to Sell the Property

Paula Igoe

Arthur Thomas Properties License #055386 Listed on: 05/20/2024

Last Buyer's Agent

Brenda Hall

The Aland Realty Group License #067486

The Aland Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,702

Year Built

  • Built in 1912

Lot Details

  • 0.62 Acre Lot
  • Property has an invisible fence for dogs
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • 1 Car Garage
  • Driveway

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,921 Sq Ft Home
  • 2.5-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Outdoor Features

  • Enclosed patio or porch

Schools

  • Newmarket Junior High School
  • Newmarket Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Block 163

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,551
  • Gross Income $34,800
  • Net Operating Income $30,249

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,702

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 208
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2921
  • Sq Ft - Apx Total Finished: 2921
  • Year Built: 1912
  • Remarks Public: What a great opportunity to own large duplex in the heart of Newmarket! These units are spacious with 4 Bedrooms on each side on a large .62-acre lot. This property would make a great owner occupy to live on one side and collect rent on the other. Gleaming hardwood floors, freshly painted, move in ready. Investor's this would be a great investment with under market rents and room for improvement. Excellent location within 15 minutes to UNH. Walking distance to the vibrant downtown and the beautiful waterfront on the Lamprey River. Large lot with plenty of room for outdoor gatherings or gardening. Separate utilities along with private driveways and entrances on each side. Nice closed in porch to sit and enjoy the summer evenings. A nice shed on one side and a garage on the other side.
  • List Agent: 17522
  • Display On Internet: Internet - Cable
  • Architectural Style: Duplex
  • ResoLotFeatures: Landscaped, Level, Wooded
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 2921

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Fence - Dog, Garden Space, Porch - Enclosed
  • Construction Type: Wood Frame, Stucco Exterior

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway
  • Garage: Yes

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Water Heaters: 2
  • Utilities: Cable
  • Water Source: Public

Schools

  • School District: Newmarket SAU #31
  • Middle School: Newmarket Junior High School
  • High School: Newmarket Senior HS
  • High School: Newmarket Senior HS

Lot Info

  • Map: u2
  • Lot: 000
  • Lot Sq Ft: 27007
  • Lot Acres: 0.62
  • Surveyed: Unknown
  • Zoning: R-3
  • Deed Book: 4909
  • Deed Page: 2825
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 34800
  • Net Income: 30249
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 9702
  • Tax Year: 2024

MLS Schools

  • School District: Newmarket SAU #31
  • School Middle Jr: Newmarket Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Sep 19, 2024
Sold by
Wang Yu J and Yang Tian M
Bought by
Ivy Jason Llc
Seller's Agent
Brenda Hall
The Aland Realty Group
Buyer's Agent
Carol Gruen
The Aland Realty Group
Sold Price
$2,300
Views
10
Current Estimated Value
$637,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,219
Avg. Annual Appreciation
2.55%
Original Mortgage
$455,668
Outstanding Balance
$453,007
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,497

Purchase Details

Listed on
Sep 4, 2024
Closed on
Aug 23, 2024
Sold by
Chase Ft and Chase
Bought by
Wang Yu J and Yang Tian M
Seller's Agent
Brenda Hall
The Aland Realty Group
Buyer's Agent
Carol Gruen
The Aland Realty Group
Sold Price
$2,300
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,668
Outstanding Balance
$453,007
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,497

Purchase Details

Closed on
Aug 3, 1999
Sold by
Heany Thomas J
Bought by
Pope Amy B and Pope Alexander P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1996
Sold by
Chanthapho Boualong and Chanthapho Keo
Bought by
Bank Of New York

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.98%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $607,600 None Available
Warranty Deed $607,600 None Available
Warranty Deed $132,500 --
Foreclosure Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,668 Purchase Money Mortgage
Closed $455,668 Purchase Money Mortgage
Previous Owner $106,000 Purchase Money Mortgage
Previous Owner $54,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2024 09/14/24 Rented $2,300 0.0% --
09/04/2024 09/04/24 For Rent $2,300 0.0% --
08/23/2024 08/23/24 Sold $607,557 +1.4% $208 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $599,000 -- $205 / 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 $9,644 $560,700 $197,900 $362,800
2023 $9,705 $329,100 $113,100 $216,000
2022 $8,882 $329,100 $113,100 $216,000
2021 $8,641 $327,800 $113,100 $214,700
2020 $8,346 $327,800 $113,100 $214,700
2018 $7,222 $247,000 $67,000 $180,000
2017 $6,602 $247,000 $67,000 $180,000
2016 $6,286 $247,000 $67,000 $180,000
2015 $6,165 $247,000 $67,000 $180,000
2014 $6,360 $247,000 $67,000 $180,000
2013 $6,262 $256,000 $75,100 $180,900
2012 $6,060 $256,000 $75,100 $180,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4996503

PrimeMLS

APN: NMAR-000002-000163-000000-U000000