NOT LISTED FOR SALE

26 Epping St Raymond, NH 03077

Estimated Value: $587,000 - $683,000

-- Bed
3 Baths
3,431 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $554,900 $162 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,255/month

50 Days on Market

Highlights

  • Water Views
  • Baseboard Heating
  • Level Lot
  • Post and Beam
  • High Speed Internet
  • Wood Siding

About This Home

As of July 2022

THE PERFECT INVESTMENT!!!! Whether you are a home buyer looking to build equity within your primary residence with additional rental income, or a savvy investor looking to utilize the opportunity to grow your investment portfolio, this property will pay dividends from day one of ownership. This property currently yields well below market rents and still shows an impressive 8% CAP rate. Opportunities like this do not come along often. Featuring beautiful tall ceilings, with interior updates throughout, ample off street parking, and WATER VIEWS from the expansive deck system, this property truly has great 19th century charm. Easy access onto Rt101 makes finding tenants a breeze when needed. Currently, long term tenants occupy two of the units, with one unit vacant, allowing for the perfect owner occupied situation. In the basement, don't miss some of the newer mechanical systems and tons of storage. Showings to start Saturday, April 2nd at the Open House from 11-1. Make your appointment today!!!

Last Agent to Sell the Property

Scott Rafferty

Open Concepts Realty License #073194 Listed on: 03/31/2022

Last Buyer's Agent

Joe Hunkins

Hunkins Real Estate Inc. License #043495

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,582

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Post and Beam
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2.5-Story Property
  • Water Views

Unfinished Basement

  • Walk-Out Basement
  • Dirt Floor

Parking

  • 6 Car Parking Spaces
  • Gravel Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • Raymond High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Gas Water Heater
  • Oil Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $48,000

Listing and Financial Details

  • Legal Lot and Block 72 / 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,582

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: GPS friendly.
  • Flood Zone: Unknown
  • Assessment Amount: 409600
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 161.73
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6036
  • Sq Ft - Apx Total Finished: 3431
  • Year Built: 1900
  • Remarks Public: THE PERFECT INVESTMENT!!!! Whether you are a home buyer looking to build equity within your primary residence with additional rental income, or a savvy investor looking to utilize the opportunity to grow your investment portfolio, this property will pay dividends from day one of ownership. This property currently yields well below market rents and still shows an impressive 8% CAP rate. Opportunities like this do not come along often. Featuring beautiful tall ceilings, with interior updates throughout, ample off street parking, and WATER VIEWS from the expansive deck system, this property truly has great 19th century charm. Easy access onto Rt101 makes finding tenants a breeze when needed. Currently, long term tenants occupy two of the units, with one unit vacant, allowing for the perfect owner occupied situation. In the basement, don't miss some of the newer mechanical systems and tons of storage. Showings to start Saturday, April 2nd at the Open House from 11-1. Make your appointment today!!!
  • List Agent: 263
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Dirt, Unfinished, Walkout
  • Sq Ft - Apx Finished AG: 3431
  • Sq Ft - Apx Unfinished AG: 806
  • Sq Ft - Apx Unfinished BG: 1799

Exterior Features

  • Construction: Post and Beam, Wood Frame
  • Driveway: Gravel, Paved
  • Exterior: Vinyl Siding, Wood, Wood Siding
  • Foundation: Concrete, Granite
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Off Street, Parking Spaces 6+

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: 1500+ Gallon, Septic
  • Water: Public
  • Water Heater: Gas, Oil, Tank
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Hot Water
  • Trash: Municipal
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

Schools

  • School District: Raymond
  • High School: Raymond High School
  • High School: Raymond High School

Lot Info

  • Map: 28
  • Lot: 72
  • Lot Sq Ft: 21780
  • Lot Acres: 0.5
  • Lot Description: Level, Sloping, Water View
  • Surveyed: Unknown
  • Zoning: A
  • Deed Book: 6202
  • Deed Page: 1925
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 48000
  • Total Units: 3
  • Total2 Bedroom Units: 3

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 7582
  • Tax Year: 2021

MLS Schools

  • School District: Raymond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jul 22, 2022
Sold by
Bosiak Justin T
Bought by
Ashburn Jason J
Seller's Agent
Scott Rafferty
Open Concepts Realty
Buyer's Agent
Joe Hunkins
Hunkins Real Estate Inc.
List Price
$549,900
Sold Price
$554,900
Premium/Discount to List
$5,000
0.91%
Total Days on Market
50
Current Estimated Value
$621,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,100
Avg. Annual Appreciation
3.94%
Original Mortgage
$667,662
Outstanding Balance
$639,557
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$18,557

Purchase Details

Closed on
Nov 20, 2020
Sold by
Bassett Sarah
Bought by
Bosiak Justin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2015
Closed on
Jun 30, 2015
Sold by
Readel Stephen G and Robie Gregory E
Bought by
Bosiak Justin T and Bassett Sarah
Seller's Agent
Kathy Corson
Duston Leddy Real Estate
Buyer's Agent
Rebecca Digregorio
BHHS Verani Londonderry
List Price
$320,000
Sold Price
$293,400
Premium/Discount to List
-$26,600
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$288,085
Interest Rate
3.84%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2006
Sold by
26 Epping Road Llc
Bought by
Readel Stephen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 4, 2000
Sold by
Olsen John B and Olsen Carole C
Bought by
Pettengill Forrest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.71%
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
Ashburn Jason J $554,933 None Available
Bosiak Justin T -- None Available
Bosiak Justin T $293,400 --
Readel Stephen G $225,000 --
Pettengill Forrest $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashburn Jason J $667,662
Previous Owner Bosiak Justin T $270,000
Previous Owner Pettengill Forrest $288,085
Previous Owner Pettengill Forrest $176,000
Previous Owner Pettengill Forrest $183,000
Previous Owner Pettengill Forrest $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $554,900 +0.9% $162 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $549,900 0.0% $160 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $549,900 0.0% $160 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $549,900 +87.4% $160 / Sq Ft
06/26/2015 06/26/15 Sold $293,400 -8.3% $84 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
04/19/2015 04/19/15 For Sale $320,000 -- $92 / 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 $9,426 $430,200 $103,500 $326,700
2023 $8,847 $427,000 $103,500 $323,500
2022 $7,810 $427,000 $103,500 $323,500
2021 $7,582 $409,600 $103,500 $306,100
2020 $7,910 $301,900 $59,900 $242,000
2019 $8,028 $301,900 $59,900 $242,000
2018 $7,375 $301,900 $59,900 $242,000
2017 $7,167 $301,900 $59,900 $242,000
2016 $7,167 $301,900 $59,900 $242,000
2015 $7,110 $283,500 $59,900 $223,600
2014 $6,664 $273,900 $59,900 $214,000
2013 $6,475 $273,900 $59,900 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4903257

PrimeMLS

APN: RAYM-002801-000000-000072