NOT LISTED FOR SALE

28 Chestnut St Rochester, NH 03867

Estimated Value: $280,000 - $373,000

4 Beds
2 Baths
2,102 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $175,000 $83 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,197/month

78 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Walk-Up Access

About This Home

As of December 2021

Investors take notice, as cash is king with this money machine. This investment currently maintains a rare 9.2% cap with value add potential and it has plenty of room for equity building. Pay your mortgage and more, with your consistent long term tenants, and not have to worry about future vacancies. Keep your expenses low with your easy blue vinyl siding, and separate utilities. Tenants enjoy being located a walk to downtown, but yet also be conveniently located in a private neighborhood with plenty of off-street parking. Tenant also have separate washer/dryers in unit, separate porch access and a nice backyard. Some improvements include a new roof and a new boiler. There is newer water tanks, a newer oil tank and there have been some updates to the electrical/plumbing. Units need some TLC.

Last Agent to Sell the Property

Andy Yau

RE/MAX Shoreline Listed on: 07/28/2021

RE/MAX Shoreline

Last Buyer's Agent

Andy Yau

RE/MAX Shoreline Listed on: 07/28/2021

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,330

Year Built

  • Built in 1881

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,102 Sq Ft Home
  • 2-Story Property
  • Walk-Up Access

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 0083

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,330

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 83.25
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2102
  • Sq Ft - Apx Total Finished: 2102
  • Year Built: 1881
  • Remarks Public: Investors take notice, as cash is king with this money machine. This investment currently maintains a rare 9.2% cap with value add potential and it has plenty of room for equity building. Pay your mortgage and more, with your consistent long term tenants, and not have to worry about future vacancies. Keep your expenses low with your easy blue vinyl siding, and separate utilities. Tenants enjoy being located a walk to downtown, but yet also be conveniently located in a private neighborhood with plenty of off-street parking. Tenant also have separate washer/dryers in unit, separate porch access and a nice backyard. Some improvements include a new roof and a new boiler. There is newer water tanks, a newer oil tank and there have been some updates to the electrical/plumbing. Units need some TLC.
  • List Agent: 283493
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete
  • Sq Ft - Apx Finished AG: 2102

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air
  • Separate Utilities: Yes
  • Utilities: Internet - Cable

Lot Info

  • Map: 0121
  • Lot: 0000
  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R2
  • Deed Book: 4788
  • Deed Page: 748
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Unknown

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Dec 3, 2021
Sold by
Ragnarsson Axel
Bought by
Summerside Holdings Llc
Seller's Agent
Andy Yau
RE/MAX Shoreline
Buyer's Agent
Andy Yau
RE/MAX Shoreline
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Current Estimated Value
$335,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,450
Avg. Annual Appreciation
20.14%
Original Mortgage
$140,000
Outstanding Balance
$129,521
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$214,846

Purchase Details

Listed on
Jul 9, 2020
Closed on
Jul 30, 2020
Sold by
Betty L Wilkinson Ret
Bought by
Ragnarsson Axel
Seller's Agent
Tucker Mccarthy
Coldwell Banker Realty Nashua
Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
List Price
$111,900
Sold Price
$117,500
Premium/Discount to List
$5,600
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.62%
Original Mortgage
$130,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 1990
Bought by
Wilkinson Melbourne A and Wilkinson Betty L
Source: Public Records

Range of Values:

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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
Summerside Holdings Llc $175,000 None Available
Ragnarsson Axel $107,000 None Available
Wilkinson Melbourne A $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summerside Holdings Llc $140,000
Previous Owner Ragnarsson Axel $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2021 12/04/21 Off Market $175,000 -- --
12/03/2021 12/03/21 Sold $175,000 -9.1% $83 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
09/06/2021 09/06/21 Price Changed $192,500 +0.3% $92 / Sq Ft
08/11/2021 08/11/21 Price Changed $191,900 +1.1% $91 / Sq Ft
07/28/2021 07/28/21 For Sale $189,900 +61.6% $90 / Sq Ft
07/31/2020 07/31/20 Sold $117,500 +5.0% $56 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $111,900 -- $53 / 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 $4,330 $291,600 $71,600 $220,000
2023 $3,761 $146,100 $39,100 $107,000
2022 $3,693 $146,100 $39,100 $107,000
2021 $3,601 $146,100 $39,100 $107,000
2020 $3,596 $146,100 $39,100 $107,000
2019 $3,638 $146,100 $39,100 $107,000
2018 $3,510 $125,000 $34,700 $90,300
2017 $3,291 $125,000 $34,700 $90,300
2016 $2,854 $101,000 $34,700 $66,300
2015 $2,843 $101,000 $34,700 $66,300
2014 $2,774 $101,000 $34,700 $66,300
2013 $2,968 $112,600 $47,700 $64,900
2012 $2,892 $112,600 $47,700 $64,900
Source: Public Records

Agents Affiliated with this Home

  • Andy Yau

    Seller's Agent in 2021

    Andy Yau

    RE/MAX

    (603) 969-6216

    84 in this area

    177 Total Sales

    Section Image
  • Tucker Mccarthy

    Seller's Agent in 2020

    Tucker Mccarthy

    Coldwell Banker Realty Nashua

    (800) 450-7784

    2 in this area

    131 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    A non PrimeMLS member

    VT_ME_NH_NEREN

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Map

Source: PrimeMLS

MLS Number: 4874693

PrimeMLS

APN: RCHE-000121-000083

New Hampshire Strafford County Rochester 03867

28 Chestnut St, Rochester, NH

This home is located at 28 Chestnut St, Rochester, NH 03867 since 28 July 2021 and is currently estimated at $335,450, approximately $159 per square foot. This property was built in 1881. 28 Chestnut St is a home located in Strafford County with nearby schools including William Allen School, Rochester Middle School, and Spaulding High School.

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