Seller's Agent in 2024
Gabbie Black
Coldwell Banker LIFESTYLES - Hanover
(603) 448-8795
30 in this area
101 Total Sales
31 Bank St Lebanon, NH 03766
7
Beds
4
Baths
3,491
Sq Ft
0.31
Acres
Highlights
- Barn
- Antique Architecture
- Covered Patio or Porch
- Hanover Street School Rated A-
- Bamboo Flooring
- 4-minute walk to Lebanon Common
About This Home
As of October 2024Experience the convenience, sophistication and New England Charm of this extremely versatile property. You choose: current two-unit multifamilyproperty, single family residence, mixed office residence, unlimited expansion of the carriage house/barn. Not only is it located in a prime Downtown Lebanon location less than two blocks from the green with exquisitely updated kitchens and baths, but it also benefits from the gracious 1800 styling and construction combined with modernupdates found throughout the property. Each of the two units is being offered furnished and features spacious and bright floorplans. Unit 1 consists of 8 rooms including three large bedrooms and two baths that commands $3800/month rent. Unit 2 consists of 4 bedrooms, two baths and open airy living spaces with an eat-in kitchen and is currently rented at $4400/month. Leases end in July 2025, so you have time to decide how you would like to develop this unique downtown property to suit your own fancy while earning income in the process. There is plenty of onsite parking as well as a two story carriage house for your future expansion ideas. This is definitely a moneymaker!
Last Agent to Sell the Property
Coldwell Banker LIFESTYLES - Hanover Brokerage Phone: 603-448-8795 License #082.0092386 Listed on: 08/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,776
Year Built
- Built in 1870
Lot Details
- 0.31 Acre Lot
- Level Lot
- Historic Home
Parking
- 1 Car Garage
- Driveway
Home Design
- Antique Architecture
- New Englander Architecture
- Brick Foundation
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Membrane Roofing
- Metal Roof
- Wood Siding
- Clapboard
Interior Spaces
- 4 Full Bathrooms
- 2-Story Property
Flooring
- Bamboo
- Softwood
- Carpet
- Tile
Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
- Outbuilding
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Heating System Uses Oil
- Internet Available
- Cable TV Available
Additional Features
- City Lot
- Barn
Listing and Financial Details
- Tax Lot 73
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $26,364
- Gross Income $98,000
- Net Operating Income $71,636
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Oct 15, 2024
Sold by
Urrutia Robert A and Parrado Edgar
Bought by
U V Bank St Llc
Seller's Agent
Gabbie Black
Coldwell Banker LIFESTYLES - Hanover
Buyer's Agent
Jolin Salazar Kish
KCC Properties Realty, Inc.
List Price
$975,000
Sold Price
$965,000
Premium/Discount to List
-$10,000
-1.03%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,893
Avg. Annual Appreciation
1.63%
Original Mortgage
$600,000
Outstanding Balance
$596,605
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$381,303
Purchase Details
Closed on
Sep 18, 1990
Bought by
Weins Michael J
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $965,000 | None Available | |
| Warranty Deed | $965,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | Purchase Money Mortgage | |
| Closed | $600,000 | Purchase Money Mortgage | |
| Previous Owner | $373,500 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $965,000 | -1.0% | $276 / Sq Ft |
| 08/16/2024 08/16/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | For Sale | $975,000 | +88.3% | $279 / Sq Ft |
| 10/11/2021 10/11/21 | Sold | $517,700 | -5.7% | $148 / Sq Ft |
| 08/30/2021 08/30/21 | Pending | -- | -- | -- |
| 08/24/2021 08/24/21 | For Sale | $549,000 | -- | $157 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $13,976 | $531,800 | $263,400 | $268,400 |
| 2023 | $12,774 | $526,100 | $263,400 | $262,700 |
| 2022 | $12,124 | $526,200 | $263,500 | $262,700 |
| 2021 | $10,765 | $399,000 | $204,200 | $194,800 |
| 2019 | $10,317 | $339,700 | $178,700 | $161,000 |
| 2018 | $10,096 | $339,700 | $178,700 | $161,000 |
| 2017 | $9,878 | $339,700 | $178,700 | $161,000 |
| 2016 | $9,553 | $339,600 | $178,700 | $160,900 |
| 2015 | $11,756 | $425,800 | $178,700 | $247,100 |
| 2014 | $9,935 | $378,200 | $178,700 | $199,500 |
| 2013 | $7,106 | $278,550 | $178,700 | $99,850 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2024
Jolin Salazar Kish
KCC Properties Realty, Inc.
(603) 359-3158
7 in this area
32 Total Sales
-
Seller's Agent in 2021
Derek Cosentino
Four Seasons Sotheby's Int'l Realty
(802) 369-0268
9 in this area
115 Total Sales
Map
Source: PrimeMLS
MLS Number: 5007680
APN: LBAN-000092-000073
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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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