NOT LISTED FOR SALE

Estimated Value: $950,000 - $1,090,000

4 Beds
3 Baths
2,222 Sq Ft
$452/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $585,000 $263 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,251/month

36 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Zoned Heating
  • New Franklin School Rated A
  • Corner Lot
  • 1-minute walk to Pine Street Playground

About This Home

As of December 2019

Rare opportunity to own a 3-unit multi in the heart of Portsmouth’s West End! Take up residence as an owner occupied with rental income, or as an investment property with solid rental history. The first floor, 2BR unit with heated, enclosed front porch, private yard with deck and garden space includes sole use of basement with washer/dryer and storage. The second level offers separate, keyed entry to two 1BR units, one with private balcony. Second level units have dedicated outdoor storage units. A wonderful bonus with this property is the heated outbuilding with additional attic storage. Would make a great music or artist studio or endless possibilities. Located in Portsmouth's Creek neighborhood, nestled in a true community with sidewalks, a park, hardware store and New Franklin Elementary just a couple of blocks away. You'll enjoy convenient access to all commuter routes. Located within an easy stroll to West End shops, cafes and restaurants, and only a mile to Downtown. Don't miss your opportunity to own in this great Portsmouth neighborhood!

Last Agent to Sell the Property

Becky Vardell

The Aland Realty Group Brokerage Phone: 603-828-6009 License #070526 Listed on: 10/03/2019

The Aland Realty Group

Last Buyer's Agent

Kim Caddle

KW Coastal and Lakes & Mountains Realty License #067795

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,845

Year Built

  • Built in 1917

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Garden

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Basement Storage

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Schools

  • New Franklin Elementary School
  • Portsmouth Middle School
  • Portsmouth High School

Utilities

  • Zoned Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Propane
  • Gas Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block 0030

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $11,542
  • Gross Income $43,500
  • Net Operating Income $31,958

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,845

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Corner of Bartlett and Pine Street.
  • Flood Zone: Unknown
  • Assessment Amount: 558400
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 263.28
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3237
  • Sq Ft - Apx Total Finished: 2222
  • Year Built: 1917
  • Remarks Public: Rare opportunity to own a 3-unit multi in the heart of Portsmouth’s West End! Take up residence as an owner occupied with rental income, or as an investment property with solid rental history. The first floor, 2BR unit with heated, enclosed front porch, private yard with deck and garden space includes sole use of basement with washer/dryer and storage. The second level offers separate, keyed entry to two 1BR units, one with private balcony. Second level units have dedicated outdoor storage units. A wonderful bonus with this property is the heated outbuilding with additional attic storage. Would make a great music or artist studio or endless possibilities. Located in Portsmouth's Creek neighborhood, nestled in a true community with sidewalks, a park, hardware store and New Franklin Elementary just a couple of blocks away. You'll enjoy convenient access to all commuter routes. Located within an easy stroll to West End shops, cafes and restaurants, and only a mile to Downtown. Don't miss your opportunity to own in this great Portsmouth neighborhood!
  • List Agent: 6727
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Stairs - Interior, Storage Space, Sump Pump, Unfinished, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 2222
  • Sq Ft - Apx Unfinished BG: 1015

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum, Vinyl
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Garden Space, Natural Shade, Outbuilding, Storage

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water, Multi Zone
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Trash: Curbside, Municipal, Recycle
  • Utilities: Cable - At Site, Gas - Lp/Bottle, Gas - On-Site, High Speed Intrnt -Avail

Schools

  • School District: Portsmouth
  • Elementary School: New Franklin School
  • Middle School: Portsmouth Middle School
  • High School: Portsmouth High School
  • Elementary School: New Franklin School
  • High School: Portsmouth High School

Lot Info

  • Map: 0162
  • Lot: 0000
  • Lot Sq Ft: 3920
  • Lot Acres: 0.09
  • Lot Description: City Lot, Corner, Level, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: GRA
  • Deed Book: 5683
  • Deed Page: 0759
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 43500
  • Net Income: 31958
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8845
  • Tax Year: 2019

MLS Schools

  • School District: Portsmouth
  • School Middle Jr: Portsmouth Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 31, 2019
Sold by
Neiro Michaela and Martin Thomas J
Bought by
Marquis Heidi L
Seller's Agent
Becky Vardell
The Aland Realty Group
Buyer's Agent
Kim Caddle
KW Coastal and Lakes & Mountains Realty
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%
Current Estimated Value
$1,005,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,017
Avg. Annual Appreciation
9.69%
Original Mortgage
$468,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2016
Sold by
Neiro Michaela and Martin Thomas J
Bought by
Neiro Michaela and Martin Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,667
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2007
Sold by
Shelton Richard W and Shelton Hazel D
Bought by
Neiro Michaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
Marquis Heidi L $585,000 None Available
Neiro Michaela -- --
Neiro Michaela $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquis Heidi L $139,150
Closed Marquis Heidi $65,000
Open Marquis Heidi L $470,000
Closed Marquis Heidi L $468,000
Previous Owner Neiro Michaela $300,000
Previous Owner Neiro Michaela $301,667
Previous Owner Neiro Michaela $342,278
Previous Owner Neiro Michaela $334,125
Previous Owner Neiro Michaela $327,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $585,000 -6.4% $263 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $625,000 -- $281 / 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 $8,207 $734,100 $338,500 $395,600
2023 $8,651 $536,300 $232,500 $303,800
2022 $8,152 $536,300 $232,500 $303,800
2021 $8,061 $536,300 $232,500 $303,800
2020 $7,684 $522,700 $232,500 $290,200
2019 $8,298 $558,400 $232,500 $325,900
2018 $7,923 $507,600 $211,300 $296,300
2017 $7,256 $507,600 $211,300 $296,300
2016 $6,705 $393,500 $158,600 $234,900
2015 $6,607 $393,500 $158,600 $234,900
2014 $5,859 $323,700 $134,400 $189,300
2013 $5,737 $320,300 $134,400 $185,900
2012 $5,621 $320,300 $134,400 $185,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4779666

PrimeMLS

APN: PRSM-000162-000030