NOT LISTED FOR SALE

Estimated Value: $815,000 - $859,000

6 Beds
2 Baths
2,160 Sq Ft
$391/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $499,000 $231 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,243/month

33 Days on Market

Highlights

  • 0.96 Acre Lot
  • Corner Lot
  • Forced Air Heating System
  • New Franklin School Rated A

About This Home

As of August 2019

Great Investment opportunity to own a duplex in the popular and fast growing city of Portsmouth. This property is a rare find, situated on almost a full acre in one of Portsmouth's sought after neighborhoods and in the New Franklin school district. Each unit has 3 bedrooms, separate utilities, full walk out basements, walk up attics, three season porch and decks that overlook a private and spacious back yard. Live in one side and have the other help pay your mortgage, or rent out both sides as a profitable investment. Generous parking for both sides. Great rental history. Currently both units are rented and tenants would like to stay long term if possible. Rent is currently $2,100 per unit and tenants pay all of their own utilities, and take care of their own snow removal.

Last Agent to Sell the Property

Mike Lally

BHG Masiello Hampton Listed on: 05/15/2019

BHG Masiello Hampton

Co-Listed By

Sandy Lally

BHG Masiello Hampton License #048614

Last Buyer's Agent

Todd Loiseau

Harris Real Estate License #060880

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,044

Year Built

  • Built in 1900

Lot Details

  • 0.96 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,160 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • New Franklin Elementary School
  • Portsmouth Middle School
  • Portsmouth High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 200+ Amp Service
  • 100 Amp Service
  • Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Block 0055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,044

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 231.02
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2160
  • Sq Ft - Apx Total Finished: 2160
  • Year Built: 1900
  • Remarks Public: Great Investment opportunity to own a duplex in the popular and fast growing city of Portsmouth. This property is a rare find, situated on almost a full acre in one of Portsmouth's sought after neighborhoods and in the New Franklin school district. Each unit has 3 bedrooms, separate utilities, full walk out basements, walk up attics, three season porch and decks that overlook a private and spacious back yard. Live in one side and have the other help pay your mortgage, or rent out both sides as a profitable investment. Generous parking for both sides. Great rental history. Currently both units are rented and tenants would like to stay long term if possible. Rent is currently $2,100 per unit and tenants pay all of their own utilities, and take care of their own snow removal.
  • List Agent: 282325
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2160

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Shingle
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric: 100 Amp, 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable, Gas - Lp/Bottle

Schools

  • School District: Portsmouth
  • Elementary School: New Franklin School
  • Middle School: Portsmouth Middle School
  • High School: Portsmouth High School
  • Elementary School: New Franklin School
  • High School: Portsmouth High School

Lot Info

  • Map: 0237
  • Lot: 0000
  • Lot Sq Ft: 41818
  • Lot Acres: 0.96
  • Lot Description: Corner, Level
  • Surveyed: Unknown
  • Zoning: SRB
  • Deed Book: 5190
  • Deed Page: 1971
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7044
  • Tax Year: 2018

MLS Schools

  • School District: Portsmouth
  • School Middle Jr: Portsmouth Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
184 Echo Avenue Llc
Bought by
27 Ernest Ave Rt and Muraco
Current Estimated Value
$844,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$638,347
Interest Rate
6.78%
Mortgage Type
Commercial
Estimated Equity
$206,548

Purchase Details

Listed on
May 15, 2019
Closed on
Aug 12, 2019
Sold by
Love Victor Alan Est
Bought by
184 Echo Avenue Llc
Seller's Agent
Mike Lally
BHG Masiello Hampton
Buyer's Agent
Todd Loiseau
Harris Real Estate
List Price
$549,000
Sold Price
$499,000
Premium/Discount to List
-$50,000
-9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$399,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2011
Sold by
Love Victor A and Love Mark M
Bought by
Love Victor A and Love Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.83%
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 Buyer Sale Price Title Company
27 Ernest Ave Rt $800,000 None Available
27 Ernest Ave Rt $800,000 None Available
184 Echo Avenue Llc $499,000 --
Love Victor A $193,900 --
Love Victor A $193,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 27 Ernest Ave Rt $640,000
Closed 27 Ernest Ave Rt $640,000
Previous Owner 184 Echo Avenue Llc $399,200
Previous Owner Love Victor A $255,000
Previous Owner Love Victor A $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Sold $499,000 0.0% $231 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/11/2019 06/11/19 Price Changed $499,000 -5.7% $231 / Sq Ft
05/30/2019 05/30/19 Price Changed $529,000 -3.6% $245 / Sq Ft
05/15/2019 05/15/19 For Sale $549,000 -- $254 / 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 $6,754 $604,100 $269,900 $334,200
2023 $7,213 $447,200 $188,500 $258,700
2022 $7,098 $467,000 $188,500 $278,500
2021 $7,492 $498,500 $188,500 $310,000
2020 $6,578 $447,500 $188,500 $259,000
2019 $7,277 $489,700 $188,500 $301,200
2018 $7,044 $444,700 $171,300 $273,400
2017 $6,484 $421,600 $171,300 $250,300
2016 $6,255 $367,100 $169,600 $197,500
2015 $6,164 $367,100 $169,600 $197,500
2014 $5,088 $281,100 $150,700 $130,400
2013 $5,035 $281,100 $150,700 $130,400
2012 $4,933 $281,100 $150,700 $130,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4751663

PrimeMLS

APN: PRSM-000237-000055