NOT LISTED FOR SALE

20 Front St Rollinsford, NH 03869

Estimated Value: $1,644,958

-- Bed
5 Baths
8,140 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $879,000 $108 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $9,580/month

71 Days on Market

About This Home

As of July 2019

Two Apartment Buildings in a growing market like this are hard to find. This historic mill building conversation is highly desirable for New England communities like Rollinsford . This 9 unit apartment and 2 commercial unit complex in the Heart of Rollinsford, NH is a great property for investors to take advantage of. Excellent rental history and this location is a highlight of the property, being near two downtown's in both Maine and New Hampshire. Near Route 4 and Route 236, these renters and commercial tenants have easy access to many different markets. The parking lot next to the property provides plenty of parking for the convenience of the tenants as well. Rollinsford is a small community that benefits from its close proximity to Dover and South Berwick where rental markets have greatly improved over the last decade.

Last Agent to Sell the Property

David Garvey

KW Coastal and Lakes & Mountains Realty License #004637 Listed on: 02/12/2019

KW Coastal and Lakes & Mountains Realty

Co-Listed By

Ethan Ash

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Kristie Jorgensen

Portside Real Estate Group License #065422

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,818

Year Built

  • Built in 1850

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Dirt Floor

Parking

  • Shared Driveway
  • Paved Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Shared Water Heater
  • Phone Available

Community Details

  • 11 Units

Listing and Financial Details

  • Legal Lot and Block 000 & 001 / 52

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,818

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Garden
  • Assessment Amount: 363400
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 107.99
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 9302
  • Sq Ft - Apx Total Finished: 8140
  • Year Built: 1850
  • Remarks Public: Two Apartment Buildings in a growing market like this are hard to find. This historic mill building conversation is highly desirable for New England communities like Rollinsford . This 9 unit apartment and 2 commercial unit complex in the Heart of Rollinsford, NH is a great property for investors to take advantage of. Excellent rental history and this location is a highlight of the property, being near two downtown's in both Maine and New Hampshire. Near Route 4 and Route 236, these renters and commercial tenants have easy access to many different markets. The parking lot next to the property provides plenty of parking for the convenience of the tenants as well. Rollinsford is a small community that benefits from its close proximity to Dover and South Berwick where rental markets have greatly improved over the last decade.
  • List Agent: 16596
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Dirt Floor, Unfinished, Walkout
  • Sq Ft - Apx Finished AG: 8140
  • Sq Ft - Apx Unfinished AG: 1162

Exterior Features

  • Driveway: Common/Shared, Paved
  • Exterior: Brick, Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Shared
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Utilities: Telephone Available

Lot Info

  • Map: 10
  • Lot: 000 & 001
  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: COM-A
  • Deed Book: 3102
  • Deed Page: 466
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 11
  • Total2 Bedroom Units: 8
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 16818
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Jul 1, 2019
Sold by
Cutter Family Properties
Bought by
20 & 38 Front Street Llc
Seller's Agent
David Garvey
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Kristie Jorgensen
Portside Real Estate Group
List Price
$899,000
Sold Price
$879,000
Premium/Discount to List
-$20,000
-2.22%
Current Estimated Value
$1,644,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,958
Avg. Annual Appreciation
6.69%
Original Mortgage
$703,200
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
Mick Land Dev Inc
Bought by
Cutter Fam Props Lp

Purchase Details

Closed on
Nov 19, 2004
Sold by
Bolian Charles E
Bought by
Cutter Fam Props Lp
Source: Public Records

Range of Values:

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Average Value
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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
20 & 38 Front Street Llc $879,000 --
Cutter Fam Props Lp $70,000 --
Cutter Fam Props Lp $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 20 & 38 Front Street Llc $1,264,000
Closed 20 & 38 Front Street Llc $703,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $879,000 0.0% $108 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/18/2019 04/18/19 Price Changed $879,000 -2.2% $108 / Sq Ft
02/27/2019 02/27/19 For Sale $899,000 0.0% $110 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $899,000 -- $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
2024 $10,712 $652,800 $171,000 $481,800
2023 $10,040 $652,800 $171,000 $481,800
2022 $9,707 $652,800 $171,000 $481,800
2021 $8,979 $368,300 $98,200 $270,100
2020 $8,969 $363,400 $93,300 $270,100
2019 $8,216 $363,400 $93,300 $270,100
2018 $9,372 $363,400 $93,300 $270,100
2016 $6,637 $237,200 $54,900 $182,300
2015 $6,506 $237,200 $54,900 $182,300
2014 $6,286 $237,200 $54,900 $182,300
2013 $6,376 $237,200 $54,900 $182,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4736409

PrimeMLS

APN: ROLL-000010-000000-000052-000001