NOT LISTED FOR SALE

Estimated Value: $425,981 - $499,000

4 Beds
2 Baths
2,052 Sq Ft
$229/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $480,000 $234 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,128/month

5 Days on Market

Highlights

  • Softwood Flooring
  • Baseboard Heating
  • Wood Siding
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of June 2024

Opportunity is at your fingertips! Have you been dreaming of home ownership but haven't found the right place to balance that desire with a smart financial move? Look no further than 25 Pine Street! This fantastic multi-family investment property allows you to live comfortably while the other unit greatly offsets the mortgage, providing financial stability and wealth-building opportunities while accruing equity along the way. Sitting on a quiet street in a coveted neighborhood, a quick walk puts you downtown to explore all the shops and restaurants Concord has to offer while it’s great commuter location, just off Route 93, adds to the convenience. The law school and local hospitals are minutes away, putting students and traveling nurses on the list of potential renters. Unit 1 has been owner occupied and includes a new washer and dryer purchased in late 2023, brand new bathroom flooring installed spring of 2023, and it leads to the large basement, great for storage of all your seasonal gear. Unit 2 has a demonstrated history of reliable tenancy spanning over the last decade and leads to the spacious attic, just waiting to be converted into additional living space. Each unit has independent gas and electric meters and is serviced by town water, sewer, and natural gas, making ownership hassle-free. Off-street parking for 2+ cars and covered porches provide outdoor space for relaxation. Both units were internally lead abated in 2021, increasing value and peace of mind.

Last Agent to Sell the Property

Melissa Queen

Keller Williams Realty Metro-Concord License #073543 Listed on: 05/29/2024

Keller Williams Realty Metro-Concord

Last Buyer's Agent

Jeremy White

BHHS Verani Concord License #075637

BHHS Verani Concord

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,660

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,052 Sq Ft Home
  • 2-Story Property

Flooring

  • Softwood
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Parking

  • Shared Driveway
  • Paved Parking

Schools

  • Christa Mcauliffe Elementary School
  • Rundlett Middle School
  • Concord High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Available
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • City Lot

Listing and Financial Details

  • Tax Block 94

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $48,000
  • Net Operating Income $36,854

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,660

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Footprint: 26 x 37
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 233.92
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3302
  • Sq Ft - Apx Total Finished: 2052
  • Year Built: 1900
  • List Agent: 15852
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Sidewalks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Softwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Stairs - Exterior, Stairs - Interior, Unfinished, Stairs - Basement
  • Sq Ft - Apx Finished AG: 2052
  • Sq Ft - Apx Unfinished BG: 1250

Exterior Features

  • Driveway: Common/Shared, Paved
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Liberty Utililies
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Electric Company: Unitil
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Curbside
  • Utilities: Gas - On-Site
  • Water Source: Public Water - On-Site

Schools

  • Elementary School: Christa McAuliffe School
  • High School: Concord High School

Lot Info

  • Map: 7322Z
  • Lot Sq Ft: 2614
  • Lot Acres: 0.06
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 3743
  • Deed Page: 792
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 48000
  • Net Income: 36853.91
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7660.46
  • Tax Year: 2023

MLS Schools

  • School District: Concord School District SAU #8
  • School Middle Jr: Rundlett Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jun 27, 2024
Sold by
Murenzi Desirae
Bought by
Reunity Realty Llc
Seller's Agent
Melissa Queen
Keller Williams Realty Metro-Concord
Buyer's Agent
Jeremy White
BHHS Verani Concord
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Views
24
Current Estimated Value
$469,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,755
Avg. Annual Appreciation
-1.57%
Original Mortgage
$384,000
Outstanding Balance
$379,440
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$89,805

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jun 7, 2021
Sold by
Kelly Jonathan M
Bought by
Murenzi Desirae
Seller's Agent
Donna Muehlen
Your Real Estate Company by Prof LLC
Buyer's Agent
Hvizda Realty Group
EXP Realty
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%
Original Mortgage
$324,022
Interest Rate
2.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reunity Realty Llc $480,000 None Available
Reunity Realty Llc $480,000 None Available
Murenzi Desirae $330,000 None Available
Murenzi Desirae $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reunity Realty Llc $384,000
Closed Reunity Realty Llc $384,000
Previous Owner Murenzi Desirae $324,022
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2024 06/27/24 Sold $480,000 +1.1% $234 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $475,000 +43.9% $231 / Sq Ft
06/07/2021 06/07/21 Sold $330,000 +1.5% $161 / Sq Ft View Prior Sale
04/06/2021 04/06/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $325,000 -- $158 / 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 $7,897 $285,200 $109,400 $175,800
2023 $7,660 $285,200 $109,400 $175,800
2022 $7,384 $285,200 $109,400 $175,800
2021 $6,983 $278,000 $109,400 $168,600
2020 $6,513 $243,400 $90,800 $152,600
2019 $6,370 $229,300 $96,900 $132,400
2018 $6,343 $225,000 $97,200 $127,800
2017 $6,114 $216,500 $97,200 $119,300
2016 $6,868 $248,200 $97,200 $151,000
2015 $6,220 $227,500 $84,600 $142,900
2014 $6,099 $227,500 $84,600 $142,900
2013 $5,441 $212,700 $84,600 $128,100
2012 $4,950 $203,100 $89,100 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4997688

PrimeMLS

APN: CNCD-000041-000006-000004