NOT LISTED FOR SALE

29 Main St Newport, NH 03773

Estimated Value: $441,089

4 Beds
4 Baths
5,128 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $379,000 $74 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,099/month

11 Days on Market

Highlights

  • 2 Car Attached Garage
  • High Speed Internet
  • 2-minute walk to Newport Town Common
  • Hot Water Heating System
  • Historic Home

About This Home

As of March 2023

Excellent opportunity to own a cash flowing commercial property. The historic site is fully rented with strong income. Four rental units include two apartments a bakery and beauty salon. Two garage spaces currently offered with the two apartments. New water heaters installed along with many other updates. This property is ready to be added to your portfolio.

Last Listed By

Jessica Dolan

Dolan Real Estate Brokerage Phone: 603-359-9177 Listed on: 02/06/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,871

Year Built

  • Built in 1842

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Sloped Up
  • Historic Home

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Schools

  • Richards Elementary School
  • Newport Middle And High School
  • Newport Middle High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • High Speed Internet

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 163

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,871

Year Built

Built in 1842

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Historic Vintage
  • Directions: In-between Harrington's Jewelers and Newport Fitness.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 73.91
  • Year Built: 1842
  • Remarks Public: Excellent opportunity to own a cash flowing commercial property. The historic site is fully rented with strong income. Four rental units include two apartments a bakery and beauty salon. Two garage spaces currently offered with the two apartments. New water heaters installed along with many other updates. This property is ready to be added to your portfolio.
  • List Agent: 290069
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 5128
  • Sq Ft - Apx Finished BG: 768
  • Sq Ft - Apx Unfinished AG: 824

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Brick, Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Utilities: High Speed Intrnt -Avail

Schools

  • School District: Newport School District
  • Elementary School: Richards Elementary School
  • Middle School: Newport Middle and High School
  • High School: Newport Middle High School
  • Elementary School: Richards Elementary School
  • High School: Newport Middle High School

Lot Info

  • Map: 114
  • Lot: 163
  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: B110 L
  • Deed Book: 1546
  • Deed Page: 754
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 4
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7871
  • Tax Year: 2021

MLS Schools

  • School District: Newport School District
  • School Middle Jr: Newport Middle and High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 31, 2023
Sold by
Kelly Sarah M
Bought by
Huot Lindsy and Huot Daniel
Seller's Agent
Jessica Dolan
Dolan Real Estate
Buyer's Agent
Bianca Barrett
Dolan Real Estate
List Price
$399,000
Sold Price
$379,000
Premium/Discount to List
-$20,000
-5.01%
Total Days on Market
11
Views
64
Current Estimated Value
$441,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,089
Avg. Annual Appreciation
7.53%
Original Mortgage
$303,200
Outstanding Balance
$295,959
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$145,130

Purchase Details

Closed on
Oct 17, 2005
Sold by
Bates Rebecca J and Bates Robert A
Bought by
Lapointe Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.78%
Mortgage Type
Commercial

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
Huot Lindsy $379,000 None Available
Lapointe Sarah M $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huot Lindsy $303,200
Previous Owner Kelly Sarah M $64,000
Previous Owner Lapointe Sarah M $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $379,000 -5.0% $74 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $399,000 -- $78 / 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 $7,847 $322,800 $83,500 $239,300
2023 $7,600 $322,300 $83,500 $238,800
2022 $6,736 $322,300 $83,500 $238,800
2021 $7,871 $238,500 $65,000 $173,500
2020 $7,894 $238,500 $65,000 $173,500
2019 $7,739 $237,900 $65,000 $172,900
2018 $7,232 $237,900 $65,000 $172,900
2017 $7,147 $237,900 $65,000 $172,900
2016 $5,898 $205,300 $62,800 $142,500
2015 $6,005 $205,300 $62,800 $142,500
2014 $6,496 $205,300 $62,800 $142,500
2013 $6,157 $205,300 $62,800 $142,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jessica Dolan

    Dolan Real Estate

    (603) 359-9177

    212 Total Sales

    Jessica Dolan
    Section Image

  • B

    Buyer's Agent in 2023

    Bianca Barrett

    Dolan Real Estate

    (603) 558-4149

    15 Total Sales

    Bianca Barrett
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4942483

PrimeMLS

APN: NWPT-000114-163000

New Hampshire Sullivan County Newport 03773

29 Main St, Newport, NH

Homes for Sale in Newport, NH

This home is located at 29 Main St, Newport, NH 03773 since 06 February 2023 and is currently priced at $441,089, approximately $86 per square foot. This property was built in 1842. 29 Main St is a home located in Sullivan County with nearby schools including Richards Elementary School, Newport High School, and Newport Montessori School.

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