NOT LISTED FOR SALE

23 Sunapee St Newport, NH 03773

Estimated Value: $411,145

7 Beds
6 Baths
4,239 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $300,000 $71 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,003/month

400 Days on Market

Highlights

  • Hot Water Heating System
  • Walk-Up Access
  • 3-minute walk to Newport Town Common

About This Home

As of July 2021

Great investment opportunity. The entire building has recently undergone a full restoration down to the studs. 4 units are completely renovated and in beautiful condition with lovely finishes. One is in process ( as would like to sell as is) and one has been occupied and not renovated. utilities have been mostly separated with just a few finishing touches left. 5 units are leased. has great rental income and perfect for any investor.

Last Agent to Sell the Property

Christine Tatro

EXP Realty License #046706 Listed on: 04/13/2020

EXP Realty

Last Buyer's Agent

Christine Tatro

EXP Realty License #046706 Listed on: 04/13/2020

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,190

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Leased Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 4,239 Sq Ft Home
  • 3-Story Property

Basement

  • Walk-Up Access
  • Dirt Floor

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Block 005000

Community Details

Overview

  • 6 Units
  • Exact Property Management Association, Phone Number (603) 228-1170

Building Details

  • Operating Expense $2,024
  • Gross Income $5,165
  • Net Operating Income $3,141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,190

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family, Multi-Level
  • Assessment Amount: 190300
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 70.77
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5551
  • Sq Ft - Apx Total Finished: 4239
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: Great investment opportunity. The entire building has recently undergone a full restoration down to the studs. 4 units are completely renovated and in beautiful condition with lovely finishes. One is in process ( as would like to sell as is) and one has been occupied and not renovated. utilities have been mostly separated with just a few finishing touches left. 5 units are leased. has great rental income and perfect for any investor.
  • L A1 M M S I Memberkey: 10199
  • List Agent: 18381
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 71657
  • S A1 M M S I Memberkey: 10199
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 71657
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 4239
  • Sq Ft - Apx Unfinished BG: 1312

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Roads: Paved
  • Roof: Metal

Garage/Parking

  • Parking: Leased

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Utilities: Cable

Condo/Co-op/Association

  • Mgmt Co Phone: 603-228-1170
  • Management Company: Exact Property Management

Lot Info

  • Map: 000111
  • Lot: 000000
  • Lot Sq Ft: 2614
  • Current Use: Yes
  • Lot Acres: 0.06
  • Lot Description: Rental Complex
  • Surveyed: Yes
  • Zoning: COM/IND
  • Deed Book: 2043
  • Deed Page: 170
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 5165
  • Net Income: 3141
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 5
  • Total2 Bedroom Units: 1

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 6190
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Jul 22, 2021
Sold by
Skm1 Investments Llc
Bought by
Vandenberg Invs Llc
Seller's Agent
Christine Tatro
EXP Realty
Buyer's Agent
Christine Tatro
EXP Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$411,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,145
Avg. Annual Appreciation
7.28%
Original Mortgage
$225,000
Outstanding Balance
$206,955
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,804

Purchase Details

Closed on
Jul 13, 2018
Sold by
Deutsche Bk Natl T Co
Bought by
Skm 1 Investments Llc

Purchase Details

Closed on
Nov 8, 2016
Sold by
Suger River Properties and Deutsche Bk Natl T Co
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Jan 22, 2007
Sold by
Girolamo Padova T
Bought by
Sugar River Props Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.14%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Vandenberg Invs Llc $300,000 None Available
Vandenberg Invs Llc $300,000 None Available
Skm 1 Investments Llc $37,533 --
Deutsche Bk Natl T Co $214,633 --
Deutsche Bk Natl T Co $214,633 --
Sugar River Props Llc $260,000 --
Sugar River Props Llc $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandenberg Invs Llc $225,000
Closed Vandenberg Invs Llc $225,000
Previous Owner Sugar River Props Llc $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $300,000 0.0% $71 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $300,000 0.0% $71 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $300,000 0.0% $71 / Sq Ft
07/12/2020 07/12/20 Off Market $300,000 -- --
04/13/2020 04/13/20 For Sale $300,000 -- $71 / 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 $9,870 $406,000 $48,700 $357,300
2023 $9,573 $406,000 $48,700 $357,300
2022 $8,485 $406,000 $48,700 $357,300
2021 $6,706 $203,200 $28,500 $174,700
2020 $6,299 $190,300 $28,500 $161,800
2019 $6,190 $190,300 $28,500 $161,800
2018 $5,001 $164,500 $28,500 $136,000
2017 $4,942 $164,500 $28,500 $136,000
2016 $5,123 $178,300 $31,600 $146,700
2015 $5,215 $178,300 $31,600 $146,700
2014 $5,641 $178,300 $31,600 $146,700
2013 $5,347 $178,300 $31,600 $146,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4801159

PrimeMLS

APN: NWPT-000111-005000