NOT LISTED FOR SALE

Estimated Value: $453,702

3 Beds
3 Baths
2,396 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $415,000 $173 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,260/month

47 Days on Market

Highlights

  • 0.67 Acre Lot
  • Corner Lot
  • 1 Car Garage
  • Softwood Flooring
  • Hot Water Heating System

About This Home

As of March 2024

Investors take notice this three family comes with a separate building lot new perimentar survey complete just needs to go to the planning board for a lot subdivision. Current three family with very under market rents. One tenant will be vacating by December 1st. All on a month to month. Metal roof, new entrance porches. Barn/garage on the property with a car lift which will be staying. Current owner does all the plowing and lawn maintenance. Plenty of parking both sides of the property. Bring your vision one finished room not being utilized could make the upstairs unit a two bedroom. Also an office space used by the owner in the building. Showings to start October 27 afternoon by appointment. Looking for a single family, could easily be converted to a single family with a small rental or ADU unit.

Last Listed By

Sharon Harrison

Seekers and Sellers Realty Group, LLC License #011684 Listed on: 10/16/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,555

Year Built

  • Built in 1900

Lot Details

  • 0.67 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Clapboard

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Softwood
  • Carpet

Basement

  • Interior Basement Entry
  • Dirt Floor

Location

  • City Lot

Schools

  • Penacook Elementary School
  • Merrimack Valley Middle School
  • Merrimack Valley High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 57 / P

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $29,040
  • Net Operating Income $21,860

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,555

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Directions: javascript: ;
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 173.21
  • Year Built: 1900
  • Remarks Public: Investors take notice this three family comes with a separate building lot new perimentar survey complete just needs to go to the planning board for a lot subdivision. Current three family with very under market rents. One tenant will be vacating by December 1st. All on a month to month. Metal roof, new entrance porches. Barn/garage on the property with a car lift which will be staying. Current owner does all the plowing and lawn maintenance. Plenty of parking both sides of the property. Bring your vision one finished room not being utilized could make the upstairs unit a two bedroom. Also an office space used by the owner in the building. Showings to start October 27 afternoon by appointment. Looking for a single family, could easily be converted to a single family with a small rental or ADU unit.
  • List Agent: 487
  • Architectural Style: Apartment Building
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater–Natural Gas, Water Heater – Off Boiler
  • Flooring: Carpet, Hardwood, Softwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Dirt Floor
  • Sq Ft - Apx Finished AG: 2396
  • Sq Ft - Apx Unfinished AG: 68
  • Sq Ft - Apx Unfinished BG: 964

Exterior Features

  • Driveway: Gravel
  • Foundation: Granite
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Metal
  • Easements: Yes
  • Construction Type: Wood Frame, Clapboard Exterior

Garage/Parking

  • Garage Capacity: 1
  • Parking: Detached, Driveway, Garage, On-Site
  • Garage: Yes

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Liberty
  • Sewer: Public Sewer On-Site
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Electric Company: Unitil
  • Total Electric Meters: 3
  • Total Gas Meters: 2
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Trash: Curbside
  • Utilities: Cable, Gas - On-Site
  • Water Source: Public Water - On-Site

Schools

  • Elementary School: Penacook Elementary
  • Middle School: Merrimack Valley Middle School
  • High School: Merrimack Valley High School
  • Elementary School: Penacook Elementary
  • High School: Merrimack Valley High School

Lot Info

  • Village/District/Locale: Penacook
  • Map: 0534
  • Lot: 57
  • Lot Sq Ft: 29185
  • Lot Acres: 0.67
  • Surveyed: Yes
  • Surveyed By: Bartlett
  • Zoning: RN
  • Deed Book: 3105
  • Deed Page: 0535
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 29040
  • Net Income: 21860
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 8555.48
  • Tax Year: 2023

MLS Schools

  • School Middle Jr: Merrimack Valley Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Mar 8, 2024
Sold by
Boulton Joseph K and Boulton Karolee A
Bought by
Parenteau Maxwell P
Seller's Agent
Sharon Harrison
Seekers and Sellers Realty Group, LLC
Buyer's Agent
Joanne Chergey
Century 21 Circa 72 Inc.
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Total Days on Market
47
Views
118
Current Estimated Value
$453,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,702
Avg. Annual Appreciation
4.65%
Original Mortgage
$394,250
Outstanding Balance
$390,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$47,275

Purchase Details

Closed on
Feb 18, 1988
Bought by
Boulton Joseph K and Boulton Karolee A

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
Parenteau Maxwell P $415,000 None Available
Parenteau Maxwell P $415,000 None Available
Boulton Joseph K $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parenteau Maxwell P $394,250
Closed Parenteau Maxwell P $394,250
Previous Owner Boulton Joseph K $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $415,000 0.0% $173 / Sq Ft
12/17/2023 12/17/23 Off Market $415,000 -- --
12/02/2023 12/02/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $450,000 -- $188 / 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 $8,928 $291,400 $100,200 $191,200
2023 $8,561 $293,700 $99,200 $194,500
2022 $8,555 $293,700 $99,200 $194,500
2021 $8,117 $290,200 $99,200 $191,000
2020 $7,761 $259,300 $76,200 $183,100
2019 $7,928 $232,500 $73,500 $159,000
2018 $7,540 $224,400 $73,500 $150,900
2017 $7,167 $211,300 $69,800 $141,500
2016 $5,623 $203,200 $67,700 $135,500
2015 $6,604 $191,700 $67,700 $124,000
2014 $6,209 $191,700 $67,700 $124,000
2013 -- $195,400 $67,700 $127,700
2012 -- $191,300 $67,700 $123,600
Source: Public Records

Agents Affiliated with this Home

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PrimeMLS

APN: CNCD-000534P-000000-000057