NOT LISTED FOR SALE

Estimated Value: $425,895 - $525,000

4 Beds
2 Baths
3,272 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $435,800 $133 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,204/month

3 Days on Market

Highlights

  • 1 Car Garage
  • High Speed Internet
  • Wood Siding
  • Forced Air Heating System
  • Level Lot
  • 1-minute walk to Russell Memorial Field

About This Home

As of March 2022

Offer Deadline Sat. 3:00 PM. Investors, investors, investors! Don't miss out on this great multifamily home with great tenants. Second unit is fully renovated, washer & dryer, plus all appliances are staying. Two tier deck walk out with trex composite decking overlooking the backyard and also the park across the street. The front of the home has a screened in sunroom. Two driveways for this home which has a one car spot and the second one has 3 car spot and an older garage great for outdoor furniture and lawn equipment for the yard. Both units are tenant occupied and want to stay with the sale. They both are great tenants and first floor has been here for over 24 years and second floor has been here for about 5 years. 2003 whole house was rewired an removed all knob and tube. The wires on the outside of the house were also changed to the meter and updated, roof also put on, electric updated to 200 AMP and panel changed, new heating system and central AC was put in both units. 1st floor heating is located in basement and the 2nd floor heating is located in attic, whole house and basement windows were replaced with vinyl windows also this year. 2007 full renovation of 2nd floor, electrical, Irrigation system in the backyard, 2007 first floor bathroom was renovated and new tile floor put in. Jan 2022 both units have new water tanks. This is a great investment property to earn great rental income.

Last Listed By

Susan Ducharme

Monument Realty License #072052 Listed on: 02/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,499

Year Built

  • Built in 1931

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Basement Storage

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Exclusions: First floor tenant owns her washer & dryer & microwave. All her personal items. Second floor tenant all his personal items.
  • Legal Lot and Block 16 / 00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,499

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: East Hollis St., Left onto Arlington St., Left onto King St., left onto Tetreau St. house is second on the right. Main St., left or right onto Allds St., right onto King St., cross over Arlington St. continue onto King St., left onto Tetreau St., house is second on the right.
  • Construction: Existing
  • Items Excluded: First floor tenant owns her washer & dryer & microwave. All her personal items. Second floor tenant all his personal items.
  • Total Stories: 2
  • Price Per Sq Ft: 133.19
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4178
  • Sq Ft - Apx Total Finished: 3272
  • Year Built: 1931
  • Remarks Public: Offer Deadline Sat. 3:00 PM. Investors, investors, investors! Don't miss out on this great multifamily home with great tenants. Second unit is fully renovated, washer & dryer, plus all appliances are staying. Two tier deck walk out with trex composite decking overlooking the backyard and also the park across the street. The front of the home has a screened in sunroom. Two driveways for this home which has a one car spot and the second one has 3 car spot and an older garage great for outdoor furniture and lawn equipment for the yard. Both units are tenant occupied and want to stay with the sale. They both are great tenants and first floor has been here for over 24 years and second floor has been here for about 5 years. 2003 whole house was rewired an removed all knob and tube. The wires on the outside of the house were also changed to the meter and updated, roof also put on, electric updated to 200 AMP and panel changed, new heating system and central AC was put in both units. 1st floor heating is located in basement and the 2nd floor heating is located in attic, whole house and basement windows were replaced with vinyl windows also this year. 2007 full renovation of 2nd floor, electrical, Irrigation system in the backyard, 2007 first floor bathroom was renovated and new tile floor put in. Jan 2022 both units have new water tanks. This is a great investment property to earn great rental income.
  • List Agent: 280774
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 8
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Full, Stairs - Exterior, Stairs - Interior, Storage Space, Unfinished, Walkout, Interior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 3272
  • Sq Ft - Apx Unfinished BG: 906

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood
  • Foundation: Slab - Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Garage, Off Street, Parking Spaces 4
  • Garage: Yes
  • Garage Description: Direct Entry
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air
  • Cooling: Central AC
  • 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: Gas - On-Site, Internet - Cable

Lot Info

  • Map: 125
  • Lot: 16
  • Lot Sq Ft: 6098
  • Lot Acres: 0.14
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 9151
  • Deed Page: 0593
  • Deed Recorded Type: Quit Claim

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 5498.75
  • Tax Year: 2020

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 21, 2022
Sold by
Laforme John
Bought by
Simonds Jennifer
Seller's Agent
Susan Ducharme
Monument Realty
Buyer's Agent
Donna Whalen
RE/MAX Innovative Properties
List Price
$360,000
Sold Price
$435,800
Premium/Discount to List
$75,800
21.06%
Total Days on Market
3
Current Estimated Value
$463,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,424
Avg. Annual Appreciation
1.94%
Original Mortgage
$370,430
Outstanding Balance
$350,579
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,645

Purchase Details

Closed on
Mar 8, 2019
Sold by
Laforme John
Bought by
Laforme John

Purchase Details

Closed on
Aug 11, 2015
Sold by
Laforme John
Bought by
Laforme John

Purchase Details

Closed on
Oct 22, 2002
Sold by
Stafford Louis M and Stafford Leonard R
Bought by
Laforme John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.18%

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
Simonds Jennifer $435,800 None Available
Laforme John -- --
Laforme John -- --
Laforme John $141,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonds Jennifer $370,430
Previous Owner Laforme John $253,475
Previous Owner Laforme John $259,200
Previous Owner Laforme John $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $435,800 +21.1% $133 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $360,000 -- $110 / 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
2023 $7,489 $410,800 $107,000 $303,800
2022 $7,423 $410,800 $107,000 $303,800
2021 $5,652 $243,400 $71,300 $172,100
2020 $5,499 $243,200 $71,300 $171,900
2019 $5,292 $243,200 $71,300 $171,900
2018 $4,658 $243,200 $71,300 $171,900
2017 $5,831 $226,100 $79,200 $146,900
2016 $5,668 $226,100 $79,200 $146,900
2015 $5,546 $226,100 $79,200 $146,900
2014 $5,479 $227,800 $80,900 $146,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4898242

PrimeMLS

APN: NASH-000125-000000-000017