$675,000
SOLD APR 4, 2025

29 Elm St Unit 29 and 31 Newmarket, NH 03857

-- Bed
-- Bath
2,655 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$254 Per Sq Ft

3% Below List Price

65 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • High Speed Internet
  • Newmarket Elementary School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2025

Large Duplex For Sale. Investment or Owner Occupancy possible. Purchasing this property can be a great way to own your home, and gain income to apply to your mortgage. 29-31 Elm Street is a duplex with 4 bedrooms in each unit. Both units were recently renovated, and have tenants in place. Unit 29 is Leased to end of April 2025, and Unit 31 is leased through end of June with stable tenants. Unit 29 is 4 bedroom, two bathrooms, with new appliances in April 2024 including new washer & dryer, new kitchen cabinets and countertops, new fridge & stove, new floors, new interior doors, pretty much a full renovation. Unit 31 was fully renovated before occupancy at July 1 2024 and is in great shape, and also with newer appliances. The basement (non-separated) had a newly poured cement floor in 2024, two buried sump pumps, two propane fired heaters, Hot water heaters, separated electric for each unit. Both units are currently Tenant occupied, and showings are restricted to Mondays thru Fridays between 9:30am and 5:00pm.

Last Agent to Sell the Property

Gerry OConnell

KW Coastal and Lakes & Mountains Realty/Dover License #062160 Listed on: 01/08/2025

KW Coastal and Lakes & Mountains Realty/Dover

Last Buyer's Agent

Douglas Schack

Galactic Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,891

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2.5 Levels
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Newmarket Elementary School
  • Newmarket Junior High School
  • Newmarket Senior High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Propane
  • High Speed Internet

Community Details

  • 2 Units
  • Gross Income $59,520

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number U-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,891

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: From downtown Newmarket, take Elm Street at the library, property is the second on left after Spring Street.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Duplex
  • ResoLotFeatures: Level
  • Road Frontage Type: Paved, Public
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2655.0
  • Unit Levels: 2.5
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2655
  • SqFt_Apx_Unfn_Above_Grade: 187
  • SqFt_Apx_Unfn_Below_Grade: 1326
  • SqFt_Apx_Total: 4168
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater–Gas–LP/Bttle
  • Flooring: Wood
  • Basement: Concrete Floor, Full, Stairs - Exterior, Stairs - Interior, Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Common/Shared, Gravel
  • Exterior Features: Porch - Covered
  • Roof: Shingle - Asphalt, Shingle - Fiberglass
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Parking Spaces 4

Utilities

  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Heating: Propane, Forced Air
  • Cooling: None
  • Utilities: Cable Available, Gas - LP/Bottle
  • Water Source: Public

Schools

  • Elementary School: Newmarket Elem School
  • High School: Newmarket Senior HS
  • Middle Or Junior School: Newmarket Junior High School

Lot Info

  • Surveyed: Yes
  • Zoning: M-2
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3485.0

Multi Family

  • Gross Income: 59520.0
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Block: 0
  • Tax Lot: 73
  • Tax Map Number: U-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Apr 4, 2025
Sold by
Cammar Prop Five Llc
Bought by
Tomarchio Andrew and Langdon Alexandra
Seller's Agent
Gerry OConnell
KW Coastal and Lakes & Mountains Realty/Dover
Buyer's Agent
Douglas Schack
Galactic Realty Group LLC
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Views
77
Current Estimated Value
$670,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,426
Avg. Annual Appreciation
-2.60%
Original Mortgage
$641,250
Outstanding Balance
$640,709
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$29,865

Purchase Details

Closed on
Dec 20, 2021
Sold by
Hall Noreen F and Hall Jonathan T
Bought by
Cammar Properties 5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2012
Sold by
Blanchard Dana and Blanchard Kelly
Bought by
Hall Noreen F and Hall Jonathan T

Purchase Details

Closed on
Dec 1, 2006
Sold by
Bell Brenda M
Bought by
Blanchard Dana and Blanchard Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.36%
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 Type Sale Price Title Company
Warranty Deed $675,000 None Available
Warranty Deed $675,000 None Available
Warranty Deed $410,000 None Available
Warranty Deed $410,000 None Available
Warranty Deed $270,000 --
Warranty Deed $270,000 --
Warranty Deed $245,000 --
Warranty Deed $245,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $641,250 Purchase Money Mortgage
Closed $641,250 Purchase Money Mortgage
Previous Owner $307,500 Purchase Money Mortgage
Previous Owner $196,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $675,000 -3.4% $254 / Sq Ft
03/15/2025 03/15/25 Off Market $699,000 -- --
03/14/2025 03/14/25 Pending -- -- --
01/18/2025 01/18/25 For Sale $699,000 0.0% $263 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $699,000 -- $263 / 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 $7,891 $458,800 $129,400 $329,400
2023 $7,959 $269,900 $73,900 $196,000
2022 $7,285 $269,900 $73,900 $196,000
2021 $7,115 $269,900 $73,900 $196,000
2020 $6,851 $269,100 $73,900 $195,200
2018 $6,430 $219,900 $55,900 $164,000
2017 $5,878 $219,900 $55,900 $164,000
2016 $5,596 $219,900 $55,900 $164,000
2015 $5,489 $219,900 $55,900 $164,000
2014 $5,662 $219,900 $55,900 $164,000
2013 $6,191 $253,100 $62,800 $190,300
2012 $5,991 $253,100 $62,800 $190,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5026077

PrimeMLS

APN: NMAR-000002-000073-000000-U000000