NOT LISTED FOR SALE

21-23 Union St Exeter, NH 03833

Estimated Value: $674,000 - $765,000

6 Beds
3 Baths
3,120 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $620,000 $199 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,869/month

60 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Hot Water Heating System
  • Lincoln Street Elementary School Rated A-
  • Shed
  • 4-minute walk to Kids Park

About This Home

As of March 2023

PRICE REDUCED! Less than a mile from historic downtown Exeter & bustling Phillips Exeter Academy, this gorgeous 3 unit offers a 1 bed, a 2 bed and a 3 bed unit with a bonus finished attic space that has potential to be an additional bedroom! Just a block from the Amtrak Downeaster station offering access to Boston & Portland & close to Exeter’s many restaurants, public library and hospital, this location is hard to beat. All of this with a suburban neighborhood feel – there’s even an annual neighborhood block party! Many updates have been done over the years including 3 relatively new furnaces, sewer line replacement, blown in & foam insulation, rebuilt exterior porches and much more. The 3 bedroom unit is currently empty, the 2 bed is rented and the 1 bed is owner occupied. (owner would want to stay in place and rent) The attic space has its own entrance and has great potential for storage, a gym, home office or studio space. Town code enforcer says it also has potential to be added to one of the existing units to increase the overall bedroom count. (cannot be a separate 4th unit) If you’re looking for a money making investment or an opportunity to owner occupy, 21-23 Lincoln needs to be on your list!

Last Agent to Sell the Property

Jon McCormack

Duston Leddy Real Estate Brokerage Phone: 800-450-7784 License #068724 Listed on: 11/08/2022

Last Buyer's Agent

Gerrette Beaulieu

BHHS Verani Londonderry

BHHS Verani Londonderry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,213

Year Built

  • Built in 1880

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Basement

  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Dirt Floor

Parking

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

Outdoor Features

  • Patio
  • Shed

Schools

  • Main Street Elementary School
  • Cooperative Middle School
  • Exeter High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Water Heater Leased
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,213

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Front Street from downtown, right on Union, property is on right.
  • Flood Zone: Unknown
  • Assessment Amount: 383700
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 198.72
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4440
  • Sq Ft - Apx Total Finished: 3120
  • Year Built: 1880
  • Remarks Public: PRICE REDUCED! Less than a mile from historic downtown Exeter & bustling Phillips Exeter Academy, this gorgeous 3 unit offers a 1 bed, a 2 bed and a 3 bed unit with a bonus finished attic space that has potential to be an additional bedroom! Just a block from the Amtrak Downeaster station offering access to Boston & Portland & close to Exeter’s many restaurants, public library and hospital, this location is hard to beat. All of this with a suburban neighborhood feel – there’s even an annual neighborhood block party! Many updates have been done over the years including 3 relatively new furnaces, sewer line replacement, blown in & foam insulation, rebuilt exterior porches and much more. The 3 bedroom unit is currently empty, the 2 bed is rented and the 1 bed is owner occupied. (owner would want to stay in place and rent) The attic space has its own entrance and has great potential for storage, a gym, home office or studio space. Town code enforcer says it also has potential to be added to one of the existing units to increase the overall bedroom count. (cannot be a separate 4th unit) If you’re looking for a money making investment or an opportunity to owner occupy, 21-23 Lincoln needs to be on your list!
  • List Agent: 16216
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Total Rooms Above Ground: 14
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Dirt Floor, Exterior Access, Interior Access, Stairs - Interior, Sump Pump
  • Sq Ft - Apx Finished AG: 3120
  • Sq Ft - Apx Unfinished BG: 1320

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Patio, Shed

Garage/Parking

  • Parking: Driveway, Off Street, Parking Spaces 6+

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Rented, Separate
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water, Steam
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable - Available

Schools

  • School District: Exeter School District SAU #16
  • Elementary School: Main Street School
  • Middle School: Cooperative Middle School
  • High School: Exeter High School
  • Elementary School: Main Street School
  • High School: Exeter High School

Lot Info

  • Map: 73
  • Lot: 252
  • Lot Sq Ft: 6098
  • Lot Acres: 0.14
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R-2
  • Deed Book: 4998
  • Deed Page: 1375
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 9213
  • Tax Year: 2021

MLS Schools

  • School District: Exeter School District SAU #16
  • School Middle Jr: Cooperative Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Mar 10, 2023
Sold by
Sharon Lee Ret
Bought by
Horn Danica V
Seller's Agent
Jon McCormack
Duston Leddy Real Estate
Buyer's Agent
Gerrette Beaulieu
BHHS Verani Londonderry
List Price
$640,000
Sold Price
$620,000
Premium/Discount to List
-$20,000
-3.12%
Total Days on Market
60
Views
115
Current Estimated Value
$721,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,348
Avg. Annual Appreciation
6.87%
Original Mortgage
$567,765
Outstanding Balance
$553,104
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$168,244

Purchase Details

Closed on
May 1, 1998
Sold by
Lochtefeld Peter B and Lochtefeld John F
Bought by
Mathieson Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.04%

Purchase Details

Closed on
Dec 22, 1997
Sold by
Fitch Neil and Fitch Janet
Bought by
Lee Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.14%
Source: Public Records

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    Section Image

Range of Values:

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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
Horn Danica V $620,000 None Available
Mathieson Kristi $165,000 --
Lee Sharon $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Danica V $567,765
Previous Owner Sharon Lee Ret $128,867
Previous Owner Lee Sharon $141,000
Previous Owner Lee Sharon $132,000
Previous Owner Lee Sharon $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $620,000 0.0% $199 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
01/03/2023 01/03/23 Price Changed $620,000 -3.1% $199 / Sq Ft
01/02/2023 01/02/23 For Sale $640,000 0.0% $205 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $640,000 -- $205 / 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 $12,492 $702,200 $257,600 $444,600
2023 $10,246 $382,600 $151,500 $231,100
2022 $9,497 $383,700 $151,500 $232,200
2021 $9,213 $383,700 $151,500 $232,200
2020 $9,397 $383,700 $151,500 $232,200
2019 $8,929 $383,700 $151,500 $232,200
2018 $7,637 $282,500 $85,000 $197,500
2017 $7,512 $282,500 $85,000 $197,500
2016 $7,413 $282,500 $85,000 $197,500
2015 $7,220 $282,700 $85,000 $197,700
2014 $7,888 $302,700 $70,800 $231,900
2013 $7,879 $302,700 $70,800 $231,900
2011 $7,652 $302,700 $70,800 $231,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4936342

PrimeMLS

APN: EXTR-000073-000000-000252