NOT LISTED FOR SALE

27 Dearborn St Milford, NH 03055

Estimated Value: $656,000 - $688,000

8 Beds
5 Baths
3,292 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $650,000 $197 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,199/month

18 Days on Market

Highlights

  • Colonial Architecture
  • High Speed Internet
  • Wood Siding
  • Hot Water Heating System
  • Level Lot

About This Home

As of October 2024

Investors take note. Super clean and VERY well maintained three family in great neighborhood on a nice level lot. This is not owner occupied and all the great tenants have leases, maintain their units as if they owned them, and they would all love to stay. Tenants pay for their own electric and hot water and the landlord pays for the heat, but it is a pretty new boiler and the heat averages under $200 per month per unit. This property should continue to offer an opportunity for years and years of a great income stream. Each unit has its own laundry as well (washers and dryers are the tenants). Updated wiring, newer oil tank, vinyl replacement windows throughout as well as updated kitchens and baths. This property really needs nothing! Minimum day before notice for showings needed.

Last Agent to Sell the Property

Bill Goddard

Coldwell Banker Realty Nashua Brokerage Phone: 603-566-4316 License #054661 Listed on: 07/14/2024

Coldwell Banker Realty Nashua

Co-Listed By

Don Taylor

Coldwell Banker Realty Nashua Brokerage Phone: 603-566-4316 License #072943

Last Buyer's Agent

Laura Roussel

Roussel Realty, LLC License #053722

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,547

Year Built

  • Built in 1940

Lot Details

  • 0.44 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,292 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Parking

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

Schools

  • Heron Pond Elementary School
  • Milford Middle School
  • Milford High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 34

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $13,657
  • Gross Income $69,420
  • Net Operating Income $55,763

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,547

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Amherst St to Dearborn, home on the right
  • Flood Zone: Unknown
  • Footprint: 45 X 29
  • Assessment Amount: 340400
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 197.45
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4552
  • Sq Ft - Apx Total Finished: 3292
  • Year Built: 1940
  • List Agent: 14506
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Colonial
  • ResoLotFeatures: Level, Open
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3292
  • Sq Ft - Apx Unfinished BG: 1260

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural
  • Construction Type: Wood Siding

Garage/Parking

  • Parking: Off Street, Parking Spaces 6+

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable - At Site
  • Water Source: Public

Schools

  • Elementary School: Heron Pond Elementary School
  • High School: Milford High School

Lot Info

  • Map: 22
  • Lot: 34
  • Lot Sq Ft: 19166
  • Lot Acres: 0.44
  • Surveyed: Unknown
  • Zoning: A
  • Deed Book: 9172
  • Deed Page: 1337
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 69420
  • Net Income: 55763
  • Total Full Baths: 5
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7547
  • Tax Year: 2023

MLS Schools

  • School District: Milford School District
  • School Middle Jr: Milford Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2024
Closed on
Oct 1, 2024
Sold by
White Austin and White Riley E
Bought by
Debernardo Daniel R and Sullivan Samantha R
Seller's Agent
Bill Goddard
Coldwell Banker Realty Nashua
Buyer's Agent
Laura Roussel
Roussel Realty, LLC
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%
Views
43
Current Estimated Value
$672,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,701
Avg. Annual Appreciation
2.93%
Original Mortgage
$610,500
Outstanding Balance
$603,031
Interest Rate
6.46%
Mortgage Type
FHA
Estimated Equity
$69,670

Purchase Details

Closed on
Dec 30, 2022
Sold by
Judith E White Ret and White
Bought by
White Austin F and White Riley E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 28, 2019
Closed on
May 28, 2019
Sold by
Jensen Kent and Jensen Marilouise
Bought by
White Austin and White Riley E
Seller's Agent
Bob Smith
Keller Williams Gateway Realty
Buyer's Agent
No MLS Listing Agent
No MLS Listing Office
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$276,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2012
Sold by
Marilouise and Marilouise Jensen K
Bought by
Jensen Marilouise and Jensen Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,974,550
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2003
Sold by
Babcock Gayle F
Bought by
Jensen Marilouise and Jensen Kent

Purchase Details

Closed on
May 24, 1999
Sold by
Richlman Gary C and Richlman Carol
Bought by
Babcock Gayle F
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
Debernardo Daniel R $650,000 None Available
Debernardo Daniel R $650,000 None Available
White Austin F $350,000 None Available
White Austin F $350,000 None Available
White Austin $345,000 --
White Austin $345,000 --
Jensen Marilouise -- --
Jensen Marilouise -- --
Jensen Marilouise -- --
Jensen Marilouise $299,000 --
Jensen Marilouise $299,000 --
Babcock Gayle F $132,000 --
Babcock Gayle F $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debernardo Daniel R $610,500
Closed Debernardo Daniel R $610,500
Previous Owner White Austin F $350,000
Previous Owner White Austin $276,000
Previous Owner Babcock Gayle F $2,974,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Sold $650,000 0.0% $197 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/14/2024 07/14/24 For Sale $649,900 +88.4% $197 / Sq Ft
05/28/2019 05/28/19 Sold $345,000 0.0% $97 / Sq Ft View Prior Sale
05/28/2019 05/28/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $345,000 -- $97 / 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 $8,057 $340,400 $95,700 $244,700
2023 $7,547 $340,400 $95,700 $244,700
2022 $7,077 $340,400 $95,700 $244,700
2021 $6,859 $340,400 $95,700 $244,700
2020 $10 $310,800 $67,100 $243,700
2019 $10 $310,800 $67,100 $243,700
2018 $10 $264,100 $66,700 $197,400
2017 $5,526 $264,100 $66,700 $197,400
2016 $8 $264,100 $66,700 $197,400
2015 $7,197 $252,000 $66,700 $185,300
2014 $6,880 $252,000 $66,700 $185,300
2013 $6,500 $241,000 $66,700 $174,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5004977

PrimeMLS

APN: MFRD-000022-000000-000034