NOT LISTED FOR SALE

Estimated Value: $464,363

4 Beds
2 Baths
2,758 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $240,000 $87 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,313/month

102 Days on Market

Highlights

  • Heated Floors
  • Covered Patio or Porch
  • Hot Water Heating System
  • Colonial Architecture
  • Double Pane Windows
  • Cats Allowed

About This Home

As of April 2019

A very nice in town two family home offering a newly renovated second floor "owners" unit, & nicely re-finished wood floors. With the first floor on a lease paying $1,200 per month, it will cost you a lot less to own, than paying todays high cost to rent. Both units have their own washer/dryer hook-ups off the large eat-in up-dated kitchens. All large rooms. Now listed as two 2-bedroom units, but with a very little modifications, you could easily make both of these units into two 3-bedroom units. Property has vinyl siding, most windows have been updated and replaced and bath rooms have had some upgrades. Approx. 4 on site parking, with the convenience of additional free open town parking at the adjacent lot at nearby variety store. Roof has been replaced in the past few years, along with the first floor unit furnace also recently replaced & newer water heaters. The great news, is that the tenants pay ALL their own utilities, with the separate heat & electricity, as the owner/landlord you only need to pay for the town water and sewer. Now won't you come and take a look at this fine owner occupied property, that either a family member or a great tenant can occupy the other unit. A lot was done for you. Oh and by the way, you'll enjoy sitting and relaxing on your large open covered porch, (from both units), as you watch the world passing by, day after day season after season, what a better reason to make this your home in Peaceful Penacook, 10 min. to Concord.

Last Agent to Sell the Property

Steve Blier

Coldwell Banker Realty Bedford NH License #010959 Listed on: 10/26/2018

Coldwell Banker Realty Bedford NH

Last Buyer's Agent

Matthew Mercier

Jill & Co Realty Group License #068462

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,839

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property
  • Double Pane Windows

Flooring

  • Wood
  • Heated Floors
  • Laminate
  • Vinyl

Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 4 Car Parking Spaces
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Site Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • Individual Controls for Heating
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 12103 / 89
  • 34% Total Tax Rate

Community Details

Overview

  • 2 Units

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,839

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Colonial, Multi-Family, New Englander
  • Directions: Close to Highway access to downtown Concord 10 minutes
  • Assessment Amount: 231100
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 87.02
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5487
  • Sq Ft - Apx Total Finished: 2758
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: A very nice in town two family home offering a newly renovated second floor "owners" unit, & nicely re-finished wood floors. With the first floor on a lease paying $1,200 per month, it will cost you a lot less to own, than paying todays high cost to rent. Both units have their own washer/dryer hook-ups off the large eat-in up-dated kitchens. All large rooms. Now listed as two 2-bedroom units, but with a very little modifications, you could easily make both of these units into two 3-bedroom units. Property has vinyl siding, most windows have been updated and replaced and bath rooms have had some upgrades. Approx. 4 on site parking, with the convenience of additional free open town parking at the adjacent lot at nearby variety store. Roof has been replaced in the past few years, along with the first floor unit furnace also recently replaced & newer water heaters. The great news, is that the tenants pay ALL their own utilities, with the separate heat & electricity, as the owner/landlord you only need to pay for the town water and sewer. Now won't you come and take a look at this fine owner occupied property, that either a family member or a great tenant can occupy the other unit. A lot was done for you. Oh and by the way, you'll enjoy sitting and relaxing on your large open covered porch, (from both units), as you watch the world passing by, day after day season after season, what a better reason to make this your home in Peaceful Penacook, 10 min. to Concord.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Laminate, Vinyl, Wood
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt, Stairs - Interior
  • Sq Ft - Apx Finished AG: 2758
  • Sq Ft - Apx Unfinished AG: 1350
  • Sq Ft - Apx Unfinished BG: 1379

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved, Right-Of-Way (ROW)
  • Exterior: Vinyl Siding, Wood
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Porch - Covered, Windows - Double Pane

Garage/Parking

  • Parking: Off Premises, Off-Site, On-Site, Parking Spaces 4

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned, Separate
  • Heating Fuel: Oil
  • Heating: Hot Air, Hot Water, In Floor, Individual
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Curbside, Municipal, Tenant

Condo/Co-op/Association

  • Restrictions: Pets - Cats Allowed, Pets - Negotiable

Lot Info

  • Village/District/Locale: Penacook
  • Map: 1412
  • Lot: 12103
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: City Lot
  • Row Parcel Access: Yes
  • Row To Other Parcel: Yes
  • Zoning: MULTI FAMILY
  • Deed Book: 2870
  • Deed Page: 1042
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Rate: 33.92
  • Tax Gross Amount: 7839
  • Tax Year: 2018

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2006
Sold by
Mcdonald David J and Mcdonald Pamela A
Bought by
Creed Catherine E
Current Estimated Value
$464,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2001
Sold by
Pappas James A and Pappas Matthew J
Bought by
Lorsbach Justin G and Lorsbach Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Creed Catherine E $224,000 --
Lorsbach Justin G $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malachi Melanie N $235,653
Closed Malachi Melanie $6,948
Closed Lorsbach Justin G $246,941
Closed Lorsbach Justin G $179,000
Previous Owner Lorsbach Justin G $137,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $240,000 +3.5% $87 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
11/17/2018 11/17/18 Price Changed $231,900 -1.3% $84 / Sq Ft
11/12/2018 11/12/18 Price Changed $234,900 +2.2% $85 / Sq Ft
10/26/2018 10/26/18 For Sale $229,900 -- $83 / 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 $9,241 $301,600 $89,500 $212,100
2023 $8,792 $301,600 $89,500 $212,100
2022 $8,786 $301,600 $89,500 $212,100
2021 $8,436 $301,600 $89,500 $212,100
2020 $8,132 $271,700 $68,700 $203,000
2019 $7,482 $219,400 $56,500 $162,900
2018 $7,076 $210,600 $56,500 $154,100
2017 $7,839 $231,100 $53,600 $177,500
2016 $5,786 $209,100 $51,900 $157,200
2015 $4,973 $181,900 $51,900 $130,000
2014 $4,877 $181,900 $51,900 $130,000
2013 $4,979 $169,700 $51,900 $117,800
2012 $4,430 $160,400 $51,900 $108,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4725498

PrimeMLS

APN: CNCD-001412P-000000-000089