NOT LISTED FOR SALE

Estimated Value: $754,030

-- Bed
7 Baths
8,537 Sq Ft
$88/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $590,000 $69 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,398/month

4 Days on Market

Highlights

  • New Englander Architecture
  • Forced Air Heating System
  • High Speed Internet
  • Landscaped
  • Baseboard Heating
  • Level Lot

About This Home

As of April 2021

Solid income-generator located directly adjacent to prestigious Proctor Academy. Long term tenants. 5 year renovation shows beautifully. Over $200,000 spent to create a turnkey multi-family home. Situated on 1.8 acres offering gorgeous seasonal mountain/ski-hill views, this 4 unit building is conveniently located between Concord & New London featuring many modern upgrades & updates while retaining its 1860's charm. Granite counters in huge Chef's kitchen with Stainless Fridge and Commercial Gas Range. All heating thermostats are WiFi and easily controlled from your phone. Beautifully landscaped with a pond, irrigated gardens w/automatic WiFi timers. Two outbuildings, including a charming 160 yr old stone shed. Main unit features full ensuite, gas fireplace, gleaming hardwood floors, relaxing reading/sunroom, and gorgeous built-in cabinets in the formal dining room. Huge lot offers room for building expansion. Large barn space with lots of potential. Newer roof & heating. Relax with peace of mind, watch the sun set over the mountains from your private farmer's porch and enjoy the rental income.

Last Listed By

Dave Smith

Harbor Light Realty Listed on: 02/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,082

Year Built

  • Built in 1860

Lot Details

  • 1.8 Acre Lot
  • Landscaped
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Schools

  • Andover Elem/Middle School
  • Merrimack Valley High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Propane
  • Electric Water Heater
  • Leach Field
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 000383 / 000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,082

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: Rte 11 to 266 Main Street, Andover, NH
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 69.11
  • Property Type: Multi-Family
  • Year Built: 1860
  • Remarks Public: Solid income-generator located directly adjacent to prestigious Proctor Academy. Long term tenants. 5 year renovation shows beautifully. Over $200,000 spent to create a turnkey multi-family home. Situated on 1.8 acres offering gorgeous seasonal mountain/ski-hill views, this 4 unit building is conveniently located between Concord & New London featuring many modern upgrades & updates while retaining its 1860's charm. Granite counters in huge Chef's kitchen with Stainless Fridge and Commercial Gas Range. All heating thermostats are WiFi and easily controlled from your phone. Beautifully landscaped with a pond, irrigated gardens w/automatic WiFi timers. Two outbuildings, including a charming 160 yr old stone shed. Main unit features full ensuite, gas fireplace, gleaming hardwood floors, relaxing reading/sunroom, and gorgeous built-in cabinets in the formal dining room. Huge lot offers room for building expansion. Large barn space with lots of potential. Newer roof & heating. Relax with peace of mind, watch the sun set over the mountains from your private farmer's porch and enjoy the rental income.
  • L A1 M M S I Memberkey: 610515
  • List Agent: 18174
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 71600
  • S A1 M M S I Memberkey: 610515
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 71600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Partial, Unfinished
  • Sq Ft - Apx Finished AG: 8537
  • Sq Ft - Apx Unfinished BG: 2500

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Shingle - Asphalt
  • Easements: Yes

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Leach Field - Off-Site
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard, Forced Air, Hot Water
  • Utilities: Cable - At Site, Fiber Optic Internt Avail, Gas - Lp/Bottle

Schools

  • School District: Andover School District
  • Elementary School: Andover Elem/Middle School
  • Middle School: Andover Elem/Middle School
  • High School: Merrimack Valley High School
  • Elementary School: Andover Elem/Middle School
  • High School: Merrimack Valley High School

Lot Info

  • Map: 00020
  • Lot: 000383
  • Lot Sq Ft: 78408
  • Lot Acres: 1.8
  • Lot Description: Landscaped, Level, Major Road Frontage
  • Surveyed: Unknown
  • Zoning: Village
  • Deed Book: 3462
  • Deed Page: 1143

Multi Family

  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8082
  • Tax Year: 2019

MLS Schools

  • School District: Andover School District
  • School Middle Jr: Andover Elem/Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 23, 2021
Sold by
Mackinnon Tara
Bought by
Smith Richard S
Seller's Agent
Dave Smith
Harbor Light Realty
Buyer's Agent
Dave Smith
Harbor Light Realty
List Price
$624,800
Sold Price
$590,000
Premium/Discount to List
-$34,800
-5.57%
Total Days on Market
4
Current Estimated Value
$754,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,030
Original Mortgage
$290,000
Outstanding Balance
$266,509
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 24, 2013
Closed on
Nov 24, 2014
Sold by
Guzeyer Andre Haydar
Bought by
Mackinnon Tara S
Seller's Agent
Christine Tatro
EXP Realty
Buyer's Agent
Brenda Tatro
EXP Realty
List Price
$299,900
Sold Price
$225,000
Premium/Discount to List
-$74,900
-24.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$177,450
Interest Rate
4.13%
Mortgage Type
New Conventional

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
Smith Richard S $590,000 None Available
Smith Richard S $590,000 None Available
Mackinnon Tara S $225,000 --
Mackinnon Tara S $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Richard S $290,000
Closed Smith Richard S $290,000
Previous Owner Mackinnon Tara S $177,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $590,000 -5.6% $69 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $624,800 +177.7% $73 / Sq Ft
10/27/2014 10/27/14 Sold $225,000 -25.0% $27 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
05/24/2013 05/24/13 For Sale $299,900 -- $35 / 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 $14,363 $981,100 $143,400 $837,700
2023 $14,195 $618,500 $103,300 $515,200
2022 $13,106 $618,500 $103,300 $515,200
2021 $12,933 $618,500 $103,300 $515,200
2020 $13,199 $618,500 $103,300 $515,200
2019 $7,914 $365,700 $79,000 $286,700
2018 $7,696 $335,500 $68,400 $267,100
2017 $7,670 $335,500 $68,400 $267,100
2016 $7,133 $335,500 $68,400 $267,100
2015 $6,670 $335,500 $68,400 $267,100
2014 $5,737 $281,500 $68,400 $213,100
2013 $10,901 $581,400 $73,100 $508,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4847527

PrimeMLS

APN: ANDV-000020-000002-000383