NOT LISTED FOR SALE

Estimated Value: $504,000 - $614,000

5 Beds
2 Baths
2,557 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $550,000 $215 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,806/month

13 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • Outdoor Storage
  • New Englander Architecture
  • Garden
  • 1 Car Garage

About This Home

As of June 2024

Location! Location! Location! Welcome to this 1900s New England style 3-unit multi-family home located minutes to downtown Concord. Great investment opportunity with long term tenants and wonderful potential for owner occupied living generating passive income. Property includes a 1 BR unit, a 2BR + loft unit with a porch on the second floor (loft offers versatility for work from home office or multi-purpose room) and a 2BR-2Bath unit on the first floor with a porch and good sized kitchen. The 1 car garage is being used for tenant storage. Plenty of parking in the oversized driveway. There is ample space in the back and side yard ideal for raised beds or outdoor entertaining. The lot is situated in the heart of the city with walkability to downtown, schools, shopping, and parks. Come see for yourself this income growth potential property. Showings delayed until the open house on Friday April 26th.

Last Agent to Sell the Property

Hvizda Realty Group

Keller Williams Realty Metro-Concord License #069330 Listed on: 04/17/2024

Keller Williams Realty Metro-Concord

Last Buyer's Agent

Lisa Givens

Coldwell Banker Realty Bedford NH License #072642

Coldwell Banker Realty Bedford NH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Sloped Up
  • Garden

Parking

  • 1 Car Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • New Englander Architecture
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Shake Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Enclosed patio or porch
  • Outdoor Storage

Location

  • City Lot

Schools

  • Abbot-Downing Elementary School
  • Rundlett Middle School
  • Concord High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Available at Street
  • Internet Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block Z5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,535

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 215.1
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3565
  • Sq Ft - Apx Total Finished: 2557
  • Year Built: 1900
  • Remarks Public: Location! Location! Location! Welcome to this 1900s New England style 3-unit multi-family home located minutes to downtown Concord. Great investment opportunity with long term tenants and wonderful potential for owner occupied living generating passive income. Property includes a 1 BR unit, a 2BR + loft unit with a porch on the second floor (loft offers versatility for work from home office or multi-purpose room) and a 2BR-2Bath unit on the first floor with a porch and good sized kitchen. The 1 car garage is being used for tenant storage. Plenty of parking in the oversized driveway. There is ample space in the back and side yard ideal for raised beds or outdoor entertaining. The lot is situated in the heart of the city with walkability to downtown, schools, shopping, and parks. Come see for yourself this income growth potential property. Showings delayed until the open house on Friday April 26th.
  • List Agent: 4986
  • 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: Internet - Cable
  • Architectural Style: New Englander
  • ResoLotFeatures: City Lot, Sidewalks, Street Lights
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater–Natural Gas
  • Flooring: Carpet, Combination, Vinyl, Wood
  • Total Rooms Above Ground: 16
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 2557
  • Sq Ft - Apx Unfinished BG: 1008

Exterior Features

  • Driveway: Paved
  • Foundation: Block, Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Rolled, Shingle
  • Features Exterior: Garden Space, Patio, Porch - Enclosed, Storage
  • Construction Type: Wood Frame, Shake Siding

Garage/Parking

  • Garage Capacity: 1
  • Parking: Assigned, Off Street, Paved, Attached
  • Garage: Yes

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Liberty
  • Sewer: Public Sewer at Street
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater - Unvented, Gas Heater - Vented, Hot Air
  • Electric Company: Unitil
  • Utilities: Cable, Gas - At Street
  • Water Source: Public

Schools

  • School District: Concord School District SAU #8
  • Elementary School: Abbot-Downing School
  • Middle School: Rundlett Middle School
  • High School: Concord High School
  • Elementary School: Abbot-Downing School
  • High School: Concord High School

Lot Info

  • Map: 7441
  • Lot: 000
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Surveyed: Unknown
  • Zoning: Res
  • Deed Book: 3450
  • Deed Page: 1298
  • Deed Recorded Type: Quit Claim

Multi Family

  • Total Full Baths: 2
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3535.28
  • 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
Apr 17, 2024
Closed on
Jun 14, 2024
Sold by
Bailey James M and Englehardt Laura A
Bought by
Sheppard William
Seller's Agent
Hvizda Realty Group
Keller Williams Realty Metro-Concord
Buyer's Agent
Lisa Givens
Coldwell Banker Realty Bedford NH
List Price
$550,000
Sold Price
$550,000
Views
100
Current Estimated Value
$567,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,630
Avg. Annual Appreciation
3.14%
Original Mortgage
$522,500
Outstanding Balance
$518,287
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$49,343

Purchase Details

Closed on
Jul 10, 2003
Sold by
Little Michael S
Bought by
Bailey James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,258
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Sheppard William $550,000 None Available
Sheppard William $550,000 None Available
Sheppard William $550,000 None Available
Bailey James M $251,100 --
Bailey James M $251,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard William $522,500
Closed Sheppard William $522,500
Previous Owner Bailey James M $22,000
Previous Owner Bailey James M $235,886
Previous Owner Bailey James M $243,258
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $550,000 0.0% $215 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $550,000 -- $215 / 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 $7,731 $279,200 $89,600 $189,600
2023 $7,335 $273,100 $89,600 $183,500
2022 $7,071 $273,100 $89,600 $183,500
2021 $7,069 $281,400 $89,600 $191,800
2020 $6,211 $232,100 $71,600 $160,500
2019 $5,542 $199,500 $66,400 $133,100
2018 $5,489 $194,700 $66,400 $128,300
2017 $5,255 $186,100 $66,400 $119,700
2016 $5,000 $180,700 $66,400 $114,300
2015 $4,744 $170,200 $65,100 $105,100
2014 $4,566 $170,200 $65,100 $105,100
2013 -- $172,500 $65,200 $107,300
2012 -- $161,700 $65,200 $96,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4991765

PrimeMLS

APN: CNCD-000032-000001-000013