NOT LISTED FOR SALE

2 Park St Milford, NH 03055

Estimated Value: $422,142 - $535,000

4 Beds
2 Baths
2,087 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $490,000 $235 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,238/month

9 Days on Market

Highlights

  • Countryside Views
  • Covered Patio or Porch
  • Double Pane Windows
  • Antique Architecture
  • Cul-De-Sac
  • Garden

About This Home

As of July 2023

Location, location, location! This beautiful 2-family home is on a pretty tree lined cul-de-sac street a short distance to the Milford Oval Shops & Restaurants & Entertainment, as well as Milford Schools and Rte 101. Amazing opportunity for an Owner-Occupant to have your mortgage paid! Great net operating income for an investor with expansion capability. Current rents well below market rents. The first level, #2 Park Street, has beautiful wide pine floors in the large living and dining rooms, 2 bedrooms, a full bath with separate laundry area and a good-sized kitchen. Basement access from interior. The upstairs apartment, #2A Park Street, has a beautiful entry with its own recently re-built front porch, wide pine floors, hardwood floors, and a cute country kitchen. This apartment has access to laundry hookups in the walk-out basement. The recently remodeled garden/bonus room in the walk-out basement has 2 new Anderson 400 windows, LLP flooring and fresh paint. The basement offers expansion potential with another partially finished room, workshop and the laundry room was previously a bathroom. Expansion potential! Exterior painted in Fall of 2022, new furnace on 1st level 2022, tree work/removal 2022. Owned and maintained by the Sellers for 20 years, Sellers are licensed Real Estate Agents. Showings ONLY at open houses Saturday May 6th and Sunday May 7th 12-3 pm. Owner is a licensed Real Estate Agent.

Last Agent to Sell the Property

Louise Knight

EXP Realty Brokerage Phone: 978-771-6680 License #053136 Listed on: 05/01/2023

EXP Realty

Last Buyer's Agent

Tara Albert

Keller Williams Realty-Metropolitan License #064128

Keller Williams Realty-Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,162

Year Built

  • Built in 1880

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Garden

Home Design

  • Antique Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Asbestos

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Double Pane Windows
  • Window Screens
  • Countryside Views

Partially Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Storage

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • 200+ Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenants own their washer and dryers.
  • Tax Block 11
  • 21% Total Tax Rate

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,800
  • Gross Income $34,800
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,162

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Antique
  • Directions: Union Street to Park Street
  • Assessment Amount: 248300
  • Assessment Year: 2023
  • Construction: Existing
  • Items Excluded: Tenants own their washer and dryers.
  • Total Stories: 2
  • Price Per Sq Ft: 234.79
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3284
  • Sq Ft - Apx Total Finished: 2215
  • Year Built: 1880
  • Remarks Public: Location, location, location! This beautiful 2-family home is on a pretty tree lined cul-de-sac street a short distance to the Milford Oval Shops & Restaurants & Entertainment, as well as Milford Schools and Rte 101. Amazing opportunity for an Owner-Occupant to have your mortgage paid! Great net operating income for an investor with expansion capability. Current rents well below market rents. The first level, #2 Park Street, has beautiful wide pine floors in the large living and dining rooms, 2 bedrooms, a full bath with separate laundry area and a good-sized kitchen. Basement access from interior. The upstairs apartment, #2A Park Street, has a beautiful entry with its own recently re-built front porch, wide pine floors, hardwood floors, and a cute country kitchen. This apartment has access to laundry hookups in the walk-out basement. The recently remodeled garden/bonus room in the walk-out basement has 2 new Anderson 400 windows, LLP flooring and fresh paint. The basement offers expansion potential with another partially finished room, workshop and the laundry room was previously a bathroom. Expansion potential! Exterior painted in Fall of 2022, new furnace on 1st level 2022, tree work/removal 2022. Owned and maintained by the Sellers for 20 years, Sellers are licensed Real Estate Agents. Showings ONLY at open houses Saturday May 6th and Sunday May 7th 12-3 pm. Owner is a licensed Real Estate Agent.
  • List Agent: 23766
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Partially Finished, Storage Space, Walkout, Interior Access, Exterior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 2087
  • Sq Ft - Apx Finished BG: 128
  • Sq Ft - Apx Unfinished BG: 1069

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Asbestos, Wood Siding
  • Foundation: Fieldstone, Granite
  • Road Frontage: Yes
  • Roads: Cul-de-Sac, Dead End, Paved, Public
  • Roof: Membrane, Shingle - Asphalt
  • Features Exterior: Fence - Partial, Garden Space, Natural Shade, Patio, Porch - Covered, Window Screens, Windows - Double Pane

Garage/Parking

  • Parking: Driveway, Off Street, Parking Spaces 3

Utilities

  • Cable Company: Xfinity
  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Forced Air
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Owner
  • Utilities: Cable - At Site, Internet - Cable

Lot Info

  • Map: 29
  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Lot Description: Country Setting, Landscaped, Level, Sloping
  • Surveyed: Unknown
  • Zoning: A
  • Deed Book: 6960
  • Deed Page: 2502
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 34800
  • Net Income: 31000
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Rate: 20.79
  • Tax Gross Amount: 5162
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jul 25, 2023
Sold by
Knight Louise and Knight Andrew
Bought by
Mangan Christopher M and Watson-Mangan Amanda L
Seller's Agent
Louise Knight
EXP Realty
Buyer's Agent
Tara Albert
Keller Williams Realty-Metropolitan
List Price
$450,000
Sold Price
$490,000
Premium/Discount to List
$40,000
8.89%
Views
34
Current Estimated Value
$496,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,786
Avg. Annual Appreciation
-0.36%

Purchase Details

Closed on
Jun 17, 2003
Sold by
Schmitt Sue Carol
Bought by
Knight Louise and Knight Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mangan Christopher M $490,000 None Available
Knight Louise $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knight Louise $188,440
Previous Owner Knight Louise $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $490,000 +8.9% $221 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $450,000 0.0% $203 / Sq Ft
12/12/2016 12/12/16 Rented $1,200 0.0% --
12/12/2016 12/12/16 For Rent $1,200 0.0% --
10/11/2015 10/11/15 Rented $1,200 0.0% --
10/11/2015 10/11/15 For Rent $1,200 +20.0% --
09/24/2014 09/24/14 Rented $1,000 -4.8% --
09/24/2014 09/24/14 For Rent $1,050 -- --
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 $6,625 $279,900 $77,500 $202,400
2023 $6,205 $279,900 $77,500 $202,400
2022 $5,162 $248,300 $77,500 $170,800
2021 $5,003 $248,300 $77,500 $170,800
2020 $5,566 $219,400 $56,300 $163,100
2019 $5,698 $219,400 $56,300 $163,100
2018 $5,323 $179,800 $54,700 $125,100
2017 $6,505 $179,800 $54,700 $125,100
2016 $5,207 $179,800 $54,700 $125,100
2015 $4,918 $172,200 $54,700 $117,500
2014 $4,701 $172,200 $54,700 $117,500
2013 $4,644 $172,200 $54,700 $117,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4950686

PrimeMLS

APN: MFRD-000029-000000-000011