$385,000
SOLD JUN 15, 2018

2038 Elm St Manchester, NH 03104

12 Beds
1 Bath
4,953 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

3% Below List Price

0 Day on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Enclosed Patio or Porch
  • Interior Lot
  • Landscaped

About This Home

As of April 2024

ONE OF THE FINEST 3-FAMILY INVESTMENT WE'VE SEEN !! Located on North Elm Street directly across from BROOKSIDE CHURCH, This incredible investment boasts TEXAS-SIZED 4 Bedroom units , Over 1,500 Sq. Ft. of living space per unit, Hardwood floors, 3 separate NATURAL GAS FHW Heating Systems, newer vinyl windows , vinyl siding and 7 year old RUBBER ROOF. BIG INCOME OF $ 45,420.00 ( Room to increase to $50,400.00). Large 2 car garage/barn for added storage. 1st floor unit underwent a $30,000.00 total renovation 3 years ago. OUTSTANDING LOCATION !!! WE'VE MANAGED THIS GREAT ASSET FOR 25 YEARS. NEVER A VACANCY HERE !!

Last Agent to Sell the Property

Pierre Peloquin

Pierre Peloquin Realty License #002205 Listed on: 06/05/2018

Last Buyer's Agent

Lorraine Angelo

Pierre Peloquin Realty License #058244

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,451

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped
  • Interior Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Unassigned Parking

Home Design

  • Garden Home
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 4,953 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 06 / 11
  • 23% Total Tax Rate

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $46,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,451

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Garden
  • Directions: North on Elm Street above Webster Street directly across from Brookside Church. WOW !!!! What a LOCATION !!!
  • Footprint: 24x61
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 77.73
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4953
  • Sq Ft - Apx Total Finished: 4953
  • Property Type: Multi-Family
  • Year Built: 1910
  • Remarks Public: ONE OF THE FINEST 3-FAMILY INVESTMENT WE'VE SEEN !! Located on North Elm Street directly across from BROOKSIDE CHURCH, This incredible investment boasts TEXAS-SIZED 4 Bedroom units , Over 1,500 Sq. Ft. of living space per unit, Hardwood floors, 3 separate NATURAL GAS FHW Heating Systems, newer vinyl windows , vinyl siding and 7 year old RUBBER ROOF. BIG INCOME OF $ 45,420.00 ( Room to increase to $50,400.00). Large 2 car garage/barn for added storage. 1st floor unit underwent a $30,000.00 total renovation 3 years ago. OUTSTANDING LOCATION !!! WE'VE MANAGED THIS GREAT ASSET FOR 25 YEARS. NEVER A VACANCY HERE !!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Full, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 4953

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane
  • Features Exterior: Porch - Enclosed

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, On-Site, Parking Spaces 6+
  • Garage: Yes
  • Garage Description: Storage Above, Unassigned
  • Garage Type: Attached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Free Standing, Gas - Natural, Included, Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Trash: Municipal

Lot Info

  • Map: 208
  • Lot: 06
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot, Curbing, Interior Lot, Landscaped, Level
  • Zoning: res
  • Deed Book: 5550
  • Deed Page: 1137
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 46450
  • Total Full Baths: 1
  • Total Units: 3
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Rate: 23.41
  • Tax Gross Amount: 7451
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Sandpiper Properties Llc
Bought by
Kling Brian and Kling Rachel
Current Estimated Value
$737,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$340,698
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$365,878

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jun 18, 2018
Sold by
Johnson Douglas C and Johnson Richard D
Bought by
Sandpiper Properties L
Seller's Agent
Pierre Peloquin
Pierre Peloquin Realty
Buyer's Agent
Lorraine Angelo
Pierre Peloquin Realty
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$210,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 1994
Bought by
Johnson Douglas C
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 Type Sale Price Title Company
Warranty Deed $465,000 None Available
Warranty Deed $385,000 --
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $372,000 Purchase Money Mortgage
Previous Owner $210,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $827,000 +18.1% $167 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $700,000 +81.8% $141 / Sq Ft
06/15/2018 06/15/18 Sold $385,000 -2.5% $78 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $395,000 -- $80 / 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 $10,139 $517,800 $103,700 $414,100
2023 $9,766 $517,800 $103,700 $414,100
2022 $9,445 $517,800 $103,700 $414,100
2021 $9,155 $517,800 $103,700 $414,100
2020 $7,963 $322,900 $77,700 $245,200
2019 $7,853 $322,900 $77,700 $245,200
2018 $7,451 $322,900 $77,700 $245,200
2017 $7,393 $318,300 $77,700 $240,600
2016 $7,365 $318,300 $77,700 $240,600
2015 $7,306 $311,700 $77,700 $234,000
2014 $7,325 $311,700 $77,700 $234,000
2013 $7,066 $311,700 $77,700 $234,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Anderson Mills & Associates

    Coldwell Banker Realty Bedford NH

    (603) 420-2883

    141 Total Sales

    Anderson Mills & Associates
    Section Image
  • Pierre Peloquin

    Seller's Agent in 2018

    Pierre Peloquin

    Pierre Peloquin Realty

    (603) 661-4225

    130 Total Sales

    Pierre Peloquin
    Section Image
  • Lorraine Angelo

    Buyer's Agent in 2018

    Lorraine Angelo

    Pierre Peloquin Realty

    (603) 860-4106

    41 Total Sales

    Lorraine Angelo
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4697906

PrimeMLS

APN: MNCH-000208-000000-000006

New Hampshire Hillsborough County Manchester 03104

2038 Elm St, Manchester, NH

This home is located at 2038 Elm St, Manchester, NH 03104 and is currently priced at $385,000, approximately $77 per square foot. This property was built in 1910. 2038 Elm St is a home located in Hillsborough County with nearby schools including Webster School, Hillside Middle School, and Manchester Central High School.

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.

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