Seller's Agent in 2019
Steve Cotran
RE/MAX
(603) 396-6607
3 in this area
116 Total Sales
197 Wilson St Manchester, NH 03103
Somerville NeighborhoodEstimated Value: $1,391,896
19
Beds
10
Baths
11,916
Sq Ft
$117/Sq Ft
Est. Value
About This Home
As of April 2019Solid 10 unit building, 6 large 3 bedroom apartments, a 2 bedroom apartment and 3 street level stores. Stabilized tenancies and strong cash flows make for a good investment. The building has some character with unpainted stained period style woodwork, wainscoting and high ceilings. Cash flow is nice with solid 9% cap rate, 23% if self managed when fully occupied. This building may be available as part of a portfolio with other buildings for a package deal.
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,597
Year Built
- Built in 1890
Lot Details
- 6,534
Additional Features
- Year Round Access
- Water Holding Tank
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2018
Closed on
Apr 22, 2019
Sold by
Ovb Realty Llc
Bought by
Ogp Llc
Seller's Agent
Steve Cotran
RE/MAX Area Real Estate Network
Buyer's Agent
Non Member
Non Member Office
List Price
$750,000
Sold Price
$728,000
Premium/Discount to List
-$22,000
-2.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,896
Avg. Annual Appreciation
10.23%
Original Mortgage
$582,400
Outstanding Balance
$514,117
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$849,387
Purchase Details
Closed on
Oct 23, 2015
Sold by
Manchmultis Llc
Bought by
Ovb Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,352,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 8, 1996
Sold by
Mlpt Wilson Rt
Bought by
Superior Props Inc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ogp Llc | $728,000 | -- | |
| Ovb Realty Llc | $1,556,666 | -- | |
| Manchmultis Llc | $2,400,000 | -- | |
| Superior Props Inc | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ogp Llc | $582,400 | |
| Previous Owner | Ovb Realty Llc | $1,352,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2019 04/22/19 | Sold | $728,000 | -2.9% | $61 / Sq Ft |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- |
| 12/20/2018 12/20/18 | For Sale | $750,000 | -- | $63 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $14,597 | $745,500 | $80,900 | $664,600 |
| 2023 | $14,060 | $745,500 | $80,900 | $664,600 |
| 2022 | $13,598 | $745,500 | $80,900 | $664,600 |
| 2021 | $13,180 | $745,500 | $80,900 | $664,600 |
| 2020 | $14,848 | $602,100 | $70,400 | $531,700 |
| 2019 | $14,643 | $602,100 | $70,400 | $531,700 |
| 2018 | $13,843 | $584,600 | $70,400 | $514,200 |
| 2017 | $13,633 | $584,600 | $70,400 | $514,200 |
| 2016 | $13,528 | $584,600 | $70,400 | $514,200 |
| 2015 | $14,172 | $604,600 | $70,400 | $534,200 |
| 2014 | $14,208 | $604,600 | $70,400 | $534,200 |
| 2013 | $13,706 | $604,600 | $70,400 | $534,200 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Cotran
-
N
Buyer's Agent in 2019
Non Member
Non Member Office
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72434155
APN: MNCH-000355-000000-000029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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