NOT LISTED FOR SALE
-- Bed
51 Baths
18,484 Sq Ft
0.3 Acres

Last Sold August 28, 2023

Last sale price $2,235,294 $121 Per Sq Ft

28 Days on Market

Highlights

  • Landscaped
  • Level Lot
  • Garden Home

About This Home

As of August 2023

PORTFOLIO SALE: 51 TOTAL APTS AT $120,000. PER UNIT: 51 apt- 3 BUILDINGS IN 2 towns in Hillsborough County/Southern NH: $6,120,000. for all 3 buildings. The 3 buildings all have town water & sewer, tenants pay own heat & utilities, ample, paved parking, good condition. Sprinkler system & fire alarm system in 3 Bear Hill Rd. Portfolio consists of: #A: 3 Bear Hill Rd, Hillsborough, 20 apts see MLS#4950469 #B: 12 Williams Rd, Hillsborough, 12-apts,. see MLS#4950455 #C: 4-8 Acton Ct., Greenville, 19 apts, see MLS #4950470 Commercial Portfolio listing: ...................... see MLS#4950471 Financials available. Portfolio Gross income: $645,084 Operating expenses incl. taxes $149,321; 10% vacancy,maint.,mgmt,deducted; $431,253. NOI for Portfolio.

Last Agent to Sell the Property

Joan Blais

BHHS Verani Londonderry Brokerage Phone: 603-540-5104 License #005229 Listed on: 04/28/2023

BHHS Verani Londonderry

Last Buyer's Agent

Joan Blais

BHHS Verani Londonderry Brokerage Phone: 603-540-5104 License #005229 Listed on: 04/28/2023

BHHS Verani Londonderry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,787

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Landscaped
  • Level Lot

Home Design

  • Garden Home
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 51 Full Bathrooms
  • 18,484 Sq Ft Home
  • 3-Story Property

Parking

  • 21 Car Parking Spaces
  • Paved Parking

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Individual Controls for Heating
  • Liquid Propane Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Block 000067

Community Details

Overview

  • 51 Units

Building Details

  • Operating Expense $60,104
  • Gross Income $265,008
  • Net Operating Income $204,903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,787

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Garden
  • Directions: i-93- TO EXIT 5, i-89; Rt 202/9 to W.Henniker St exit, left off ramp, left at Bridge St red light, 1/2 mile, left at Bear Hill Rd, GRAY BLDG ON RIGHT SIDE.
  • Footprint: 58x96
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 120.93
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 18484
  • Sq Ft - Apx Total Finished: 18484
  • Year Built: 1900
  • Remarks Public: PORTFOLIO SALE: 51 TOTAL APTS AT $120,000. PER UNIT: 51 apt- 3 BUILDINGS IN 2 towns in Hillsborough County/Southern NH: $6,120,000. for all 3 buildings. The 3 buildings all have town water & sewer, tenants pay own heat & utilities, ample, paved parking, good condition. Sprinkler system & fire alarm system in 3 Bear Hill Rd. Portfolio consists of: #A: 3 Bear Hill Rd, Hillsborough, 20 apts see MLS#4950469 #B: 12 Williams Rd, Hillsborough, 12-apts,. see MLS#4950455 #C: 4-8 Acton Ct., Greenville, 19 apts, see MLS #4950470 Commercial Portfolio listing: ...................... see MLS#4950471 Financials available. Portfolio Gross income: $645,084 Operating expenses incl. taxes $149,321; 10% vacancy,maint.,mgmt,deducted; $431,253. NOI for Portfolio.
  • List Agent: 6536
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Sq Ft - Apx Finished AG: 18484

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete, Slab - Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane, Shingle - Asphalt
  • Easements: Unknown

Garage/Parking

  • Parking: Parking Spaces 21+

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Individual
  • Separate Utilities: Yes
  • Total Electric Meters: 54
  • Total Heat Units: 21
  • Total Ranges: 51
  • Total Refrigerators: 51
  • Trash: Dumpster
  • Utilities: Cable - Available

Schools

  • School District: Hillsboro/Deering SAU #34

Lot Info

  • Map: 000026
  • Lot: 0000
  • Lot Sq Ft: 13068
  • Lot Acres: 0.3
  • Lot Description: Landscaped, Level
  • Surveyed: Unknown
  • Zoning: multi
  • Deed Book: 9547
  • Deed Page: 2505
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 265008
  • Net Income: 204903
  • Total Full Baths: 51
  • Total Units: 51
  • Total1 Bedroom Units: 21
  • Total2 Bedroom Units: 28
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 24787
  • Tax Year: 22

MLS Schools

  • School District: Hillsboro/Deering SAU #34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Aug 28, 2023
Sold by
Art Properties Llc
Bought by
Hillsborough Portfolio Ll
Seller's Agent
Joan Blais
BHHS Verani Londonderry
Buyer's Agent
Joan Blais
BHHS Verani Londonderry
List Price
$6,120,000
Sold Price
$2,235,294
Premium/Discount to List
-$3,884,706
-63.48%
Views
35

Purchase Details

Closed on
Oct 29, 2021
Sold by
Rnc Realty Llc
Bought by
Art Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,360,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2020
Sold by
Kirsner Douglas H
Bought by
Allan Ian

Purchase Details

Closed on
Jan 27, 2017
Sold by
2Mj5 Hldg Llc
Bought by
Rnc Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,793,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2011
Sold by
Guard House Llc
Bought by
2Mj5 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2009
Sold by
Steinbach Kevin
Bought by
Guard House Llc

Purchase Details

Closed on
Aug 1, 1996
Sold by
Gagnon Jacques J and Gagnon Karen M
Bought by
Yanka Robert W and Yanka Susan M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hillsborough Portfolio Ll $5,700,000 None Available
Hillsborough Portfolio Ll $5,700,000 None Available
Art Properties Llc $2,635,333 None Available
Art Properties Llc $2,635,333 None Available
Allan Ian $245,000 None Available
Allan Ian $245,000 None Available
Rnc Realty Llc $2,374,000 --
Rnc Realty Llc -- --
Rnc Realty Llc $2,374,000 --
2Mj5 Holdings Llc $625,100 --
2Mj5 Holdings Llc $625,100 --
Guard House Llc $400,000 --
Guard House Llc $400,000 --
Yanka Robert W $157,500 --
Yanka Robert W $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillsborough Portfolio $5,527,500
Previous Owner Art Properties Llc $3,360,000
Previous Owner Rnc Realty Llc $2,793,000
Previous Owner Rnc Realty Llc $700,000
Previous Owner Yanka Robert W $1,260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $2,235,294 -63.5% $121 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $6,120,000 -- $331 / 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 $29,320 $876,800 $87,700 $789,100
2023 $27,374 $876,800 $87,700 $789,100
2022 $23,402 $876,800 $87,700 $789,100
2021 $25,357 $876,800 $87,700 $789,100
2020 $25,190 $876,800 $87,700 $789,100
2018 $23,063 $781,800 $130,400 $651,400
2017 $23,821 $781,800 $130,400 $651,400
2016 $19,929 $675,100 $121,100 $554,000
2015 $19,612 $675,100 $121,100 $554,000
2014 $18,606 $675,100 $121,100 $554,000
2013 $18,943 $675,100 $121,100 $554,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4950469

PrimeMLS

APN: HLBO-000026-000067