$179,000
SOLD APR 28, 2017

18 West St Newport, NH 03773

11 Beds
-- Bath
4,258 Sq Ft
0.25 Acres

Recently Sold

$42 Per Sq Ft

5% Below List Price

30 Days on Market

Highlights

  • Corner Lot
  • Hot Water Heating System
  • 3-minute walk to Newport Town Common
  • 1 Car Attached Garage
  • Walk-Up Access

About This Home

As of August 2023

Great investment building, 6 unit fully occupied in very good condition. This building has separate heat and electric, good parking, and a dead end location. Very good building with excellent potential.

Last Agent to Sell the Property

Justin Ranney

Coldwell Banker Homes Unlimited License #060009 Listed on: 03/13/2017

Coldwell Banker Homes Unlimited

Last Buyer's Agent

Andreya Berry

Fathom Realty NH License #055191

Fathom Realty NH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,179

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • 1 Car Attached Garage

Home Design

  • Converted Dwelling
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Finished Basement

  • Walk-Up Access
  • Apartment Living Space in Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Liquid Propane Gas Water Heater

Community Details

  • 6 Units
  • Gross Income $50,000

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,179

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Flood Zone: Unknown
  • Assessment Amount: 215100
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 2
  • Price Per Sq Ft: 42.04
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4412
  • Sq Ft - Apx Total Finished: 4258
  • Year Built: 1900
  • Remarks Public: Great investment building, 6 unit fully occupied in very good condition. This building has separate heat and electric, good parking, and a dead end location. Very good building with excellent potential.
  • List Agent: 1559
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Apartments, Finished, Partially Finished
  • Sq Ft - Apx Finished AG: 4258
  • Sq Ft - Apx Unfinished AG: 154

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Hot Air, Hot Water

Lot Info

  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: 15 B1110 Comm
  • Deed Book: 2001
  • Deed Page: 182
  • Deed Recorded Type: Foreclosure

Multi Family

  • Gross Income: 50000
  • Total Units: 6
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6179
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 31, 2023
Sold by
18 West St Llc
Bought by
Vandenberg Invs Llc
Seller's Agent
Alan Croteau
Real Property Options
Buyer's Agent
Elijah VanDenBerg
Realty One Group Next Level
List Price
$409,000
Sold Price
$369,000
Premium/Discount to List
-$40,000
-9.78%
Total Days on Market
30
Views
86
Current Estimated Value
$396,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,517
Avg. Annual Appreciation
3.78%
Original Mortgage
$295,200
Outstanding Balance
$290,147
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,357

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 1, 2017
Sold by
Digital Fcu
Bought by
18 West Street Llc
Seller's Agent
Justin Ranney
Coldwell Banker Homes Unlimited
Buyer's Agent
Andreya Berry
Fathom Realty NH
List Price
$189,000
Sold Price
$179,000
Premium/Discount to List
-$10,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$156,800
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 13, 2017
Closed on
Mar 1, 2017
Sold by
Houle Edward E and Digital Fcu
Bought by
Digital Fcu
Seller's Agent
Justin Ranney
Coldwell Banker Homes Unlimited
Buyer's Agent
Andreya Berry
Fathom Realty NH
List Price
$189,000
Sold Price
$179,000
Premium/Discount to List
-$10,000
-5.29%

Purchase Details

Closed on
May 16, 2002
Sold by
Option One Mtg
Bought by
Houle Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $369,000 None Available
Warranty Deed $369,000 None Available
Warranty Deed $112,333 --
Warranty Deed $112,333 --
Foreclosure Deed $139,000 --
Foreclosure Deed $139,000 --
Warranty Deed $30,000 --
Warranty Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,200 Purchase Money Mortgage
Closed $295,200 Purchase Money Mortgage
Previous Owner $156,800 Commercial
Previous Owner $30,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $369,000 0.0% $83 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
01/11/2023 01/11/23 Off Market $369,000 -- --
07/25/2022 07/25/22 For Sale $409,000 0.0% $92 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $409,000 +128.5% $92 / Sq Ft
04/28/2017 04/28/17 Sold $179,000 -5.3% $42 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $189,000 -- $44 / 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 $9,128 $375,500 $63,200 $312,300
2023 $8,854 $375,500 $63,200 $312,300
2022 $7,848 $375,500 $63,200 $312,300
2021 $6,570 $199,100 $35,000 $164,100
2020 $6,590 $199,100 $35,000 $164,100
2019 $6,477 $199,100 $35,000 $164,100
2018 $6,053 $199,100 $35,000 $164,100
2017 $5,981 $199,100 $35,000 $164,100
2016 $6,180 $215,100 $40,800 $174,300
2015 $6,292 $215,100 $40,800 $174,300
2014 $6,806 $215,100 $40,800 $174,300
2013 $6,451 $215,100 $40,800 $174,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4621935

PrimeMLS

APN: NWPT-000114-149000