NOT LISTED FOR SALE

22 Spring St Newmarket, NH 03857

Estimated Value: $591,000 - $798,000

5 Beds
3 Baths
2,370 Sq Ft
$278/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $313,000 $132 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,367/month

69 Days on Market

Highlights

  • Hot Water Heating System
  • Newmarket Elementary School Rated A-
  • Walk-Up Access

About This Home

As of July 2017

Great Investment property close to town and shopping and restaurants. All three units rented. Don't miss this great investment. Great location near UNH and highways. One unit is below rent and room for improvement . Lots of options. Some of the expenses are estimates. 48 hour notice to show tenant occupied.

Last Agent to Sell the Property

Thomas Toye

Arthur Thomas Properties License #062399 Listed on: 03/28/2017

Last Buyer's Agent

Nina Fee

KW Coastal and Lakes & Mountains Realty License #054956

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 1890

Lot Details

  • 0.27 Acre Lot
  • Lot Sloped Up

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2.5-Story Property
  • Unfinished Basement
  • Walk-Up Access

Schools

  • Newmarket Elementary School
  • Newmarket Junior High School
  • Newmarket Senior High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 3 Units
  • Gross Income $45,000

Listing and Financial Details

  • Legal Lot and Block 99 / 2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,472

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Main Street (NH Rt 108 Northbound) Newmarket, Take left onto Elm Street. Left onto Spring Street. Property is on the right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 132.07
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3060
  • Sq Ft - Apx Total Finished: 2370
  • Year Built: 1890
  • Remarks Public: Great Investment property close to town and shopping and restaurants. All three units rented. Don't miss this great investment. Great location near UNH and highways. One unit is below rent and room for improvement . Lots of options. Some of the expenses are estimates. 48 hour notice to show tenant occupied.
  • List Agent: 11990
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2370
  • Sq Ft - Apx Unfinished BG: 690

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation: Brick, Poured Concrete, Stone
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1

Schools

  • School District: Newmarket SAU #31
  • Elementary School: Newmarket Elem School
  • Middle School: Newmarket Junior High School
  • High School: Newmarket Senior HS
  • Elementary School: Newmarket Elem School
  • High School: Newmarket Senior HS

Lot Info

  • Map: u
  • Lot: 99
  • Lot Sq Ft: 11761
  • Lot Acres: 0.27
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: M2
  • Deed Book: 5679
  • Deed Page: 0059
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 45000
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5472
  • Tax Year: 2015

MLS Schools

  • School District: Newmarket SAU #31
  • School Middle Jr: Newmarket Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2018
Sold by
Theriault Benjamin R and Theriault Alexandra K
Bought by
22 Spring Street Spe L
Current Estimated Value
$658,912

Purchase Details

Listed on
Mar 28, 2017
Closed on
Jul 25, 2017
Sold by
145 Capco Properties L
Bought by
Theriault Benjamin R and Theriault Alexandra K
Seller's Agent
Thomas Toye
Arthur Thomas Properties
Buyer's Agent
Nina Fee
KW Coastal and Lakes & Mountains Realty
List Price
$325,000
Sold Price
$313,000
Premium/Discount to List
-$12,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$219,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 2, 2015
Closed on
Dec 18, 2015
Sold by
Kellerman Carrie
Bought by
145 Capco Properties L
Seller's Agent
Michael Whitney
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Judith Tracey
Coldwell Banker Realty Portsmouth NH
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%

Purchase Details

Closed on
Apr 3, 2000
Sold by
Kitfield Cornelia C
Bought by
Kellerman Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
22 Spring Street Spe L -- --
Theriault Benjamin R $313,000 --
145 Capco Properties L $200,000 --
Kellerman Carrie $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redtuck Properties Llc $370,500
Previous Owner Theriault Benjamin R $219,000
Previous Owner Kellerman Carrie $16,355
Previous Owner Kellerman Carrie $118,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $313,000 -3.7% $132 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $325,000 +30.0% $137 / Sq Ft
12/15/2015 12/15/15 Sold $250,000 0.0% $95 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $250,000 -- $95 / 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 $9,113 $529,800 $186,600 $343,200
2023 $8,947 $303,400 $106,700 $196,700
2022 $8,189 $303,400 $106,700 $196,700
2021 $7,998 $303,400 $106,700 $196,700
2020 $7,725 $303,400 $106,700 $196,700
2018 $6,409 $219,200 $61,700 $157,500
2017 $5,859 $219,200 $61,700 $157,500
2016 $5,579 $219,200 $61,700 $157,500
2015 $5,471 $219,200 $61,700 $157,500
2014 $5,644 $219,200 $61,700 $157,500
2013 $5,826 $238,200 $78,700 $159,500
2012 $5,638 $238,200 $78,700 $159,500
Source: Public Records

Agents Affiliated with this Home

  • Thomas Toye

    Seller's Agent in 2017

    Thomas Toye

    Arthur Thomas Properties

    (603) 413-6175

    3 in this area

    59 Total Sales

    Section Image
  • Nina Fee

    Buyer's Agent in 2017

    Nina Fee

    KW Coastal and Lakes & Mountains Realty

    (603) 944-2267

    12 in this area

    181 Total Sales

    Section Image
  • Michael Whitney

    Seller's Agent in 2015

    Michael Whitney

    KW Coastal and Lakes & Mountains Realty

    (603) 610-8545

    8 in this area

    277 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    Judith Tracey

    Coldwell Banker Realty Portsmouth NH

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4624099

PrimeMLS

APN: NMAR-000002-000099-000000-U000000

New Hampshire Rockingham County Newmarket 03857

22 Spring St, Newmarket, NH

This home is located at 22 Spring St, Newmarket, NH 03857 since 28 March 2017 and is currently estimated at $658,912, approximately $278 per square foot. This property was built in 1890. 22 Spring St is a home located in Rockingham County with nearby schools including Newmarket Elementary School, Newmarket Junior High School, and Newmarket Senior High School.

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