NOT LISTED FOR SALE

Estimated Value: $539,000 - $685,000

8 Beds
3 Baths
4,576 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $535,000 $117 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,909/month

65 Days on Market

Highlights

  • 6 Car Detached Garage
  • Baseboard Heating
  • Asbestos
  • Landscaped

About This Home

As of February 2024

Back on market, Buyer financing failed. Selling As Is, each floor needs updates. Only one tenant currently on second floor and 1 of 6 garage spaces is actively rented. There is one additional open space for parking, total of 7 spaces, 6 covered. Two 3 bedroom units (2nd and 3rd floors-243 Bremer) and one 2 bedroom unit on first floor (245 Bremer). Covered parking for 6 vehicles, private porches for second and third floor units at rear and porches on west side for each floor. Roof replaced in 2022 and two of the gas hot water heaters were replaced recently by Liberty, first floor is heated by oil, hot water for first floor is offer of boiler. House features plenty of space in the basement for the shared laundry room and has three separate storage rooms, one for each tenant. Great long term investment and/or owner occupied. COC available upon request. See multifamily rider for details.

Last Listed By

Jeffrey Rapson

BHHS Verani Salem Brokerage Phone: 603-660-1119 License #070056 Listed on: 11/08/2023

BHHS Verani Salem

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,081

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Landscaped
  • Lot Sloped Up

Parking

  • 6 Car Detached Garage
  • Leased Parking
  • Assigned Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Shingle Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Basement Storage

Schools

  • Northwest Elementary School
  • Parkside Middle School
  • Manchester West High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Separate Meters
  • 60 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,081

Year Built

Built in 1920

Lot Details

0

Parking

6

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: North East Corner of Bremer and Joliette
  • Assessment Amount: 388200
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 155.89
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4576
  • Sq Ft - Apx Total Finished: 4576
  • Year Built: 1920
  • Remarks Public: Back on market, Buyer financing failed. Selling As Is, each floor needs updates. Only one tenant currently on second floor and 1 of 6 garage spaces is actively rented. There is one additional open space for parking, total of 7 spaces, 6 covered. Two 3 bedroom units (2nd and 3rd floors-243 Bremer) and one 2 bedroom unit on first floor (245 Bremer). Covered parking for 6 vehicles, private porches for second and third floor units at rear and porches on west side for each floor. Roof replaced in 2022 and two of the gas hot water heaters were replaced recently by Liberty, first floor is heated by oil, hot water for first floor is offer of boiler. House features plenty of space in the basement for the shared laundry room and has three separate storage rooms, one for each tenant. Great long term investment and/or owner occupied. COC available upon request. See multifamily rider for details.
  • List Agent: 7020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Full, Storage - Assigned, Storage Space, Unfinished, Exterior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 3432
  • Sq Ft - Apx Finished BG: 1144

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Asbestos, Shingle
  • Foundation: Fieldstone, Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane, Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 6
  • Parking: Assigned, Garage, Parking Spaces 1, Parking Spaces 6+, Covered
  • Garage: Yes
  • Garage Description: Leased
  • Garage Type: Detached

Utilities

  • Electric: 60 Amp, Circuit Breaker(s)
  • Fuel Company: Liberty for Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Off Boiler, Separate
  • Heating Fuel: Gas - Natural, Oil
  • Heating: Baseboard, Gas Heater, Hot Water
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Trash: Cans, Municipal
  • Utilities: Cable - Available

Schools

  • School District: Manchester Sch Dst SAU #37
  • Elementary School: Northwest Elementary School
  • Middle School: Parkside Middle School
  • High School: Manchester West High School
  • Elementary School: Northwest Elementary School
  • High School: Manchester West High School

Lot Info

  • Map: 0317
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: Landscaped
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Recorded Type: Deed to Seller Not Recorded
  • Unit/Lot Number: 317-10

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7081
  • Tax Year: 2022

MLS Schools

  • School District: Manchester Sch Dst SAU #37
  • School Middle Jr: Parkside Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Feb 15, 2024
Sold by
Beaulieu Doris
Bought by
Kannalil Binu and Ahamed Riaz
Seller's Agent
Jeffrey Rapson
BHHS Verani Salem
Buyer's Agent
Michael Jimenez
EXP Realty
List Price
$540,000
Sold Price
$535,000
Premium/Discount to List
-$5,000
-0.93%
Total Days on Market
65
Views
42
Current Estimated Value
$589,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,463
Avg. Annual Appreciation
7.87%
Original Mortgage
$401,250
Outstanding Balance
$396,107
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,356

Range of Values:

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Average Value
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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
Kannalil Binu $535,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kannalil Binu $401,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $535,000 -0.9% $117 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $540,000 0.0% $118 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $540,000 -- $118 / 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
2023 $7,321 $388,200 $92,100 $296,100
2022 $7,081 $388,200 $92,100 $296,100
2021 $6,863 $388,200 $92,100 $296,100
2020 $6,061 $245,800 $63,500 $182,300
2019 $5,978 $245,800 $63,500 $182,300
2018 $5,821 $245,800 $63,500 $182,300
2017 $5,732 $245,800 $63,500 $182,300
2016 $5,688 $245,800 $63,500 $182,300
2015 $5,539 $236,300 $63,500 $172,800
2014 $5,553 $236,300 $63,500 $172,800
2013 $5,357 $236,300 $63,500 $172,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4977120

PrimeMLS

APN: MNCH-000317-000000-000010