NOT LISTED FOR SALE

31 Knight St Rochester, NH 03867

Estimated Value: $324,642 - $410,000

6 Beds
2 Baths
1,691 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 17, 2017

Last sale price $118,000 $70 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $2,388/month

41 Days on Market

About This Home

As of April 2017

Two family house with newly renovated upstairs unit - new flooring & paint throughout and hot water heater replaced in 2016. New hot water heater just installed in lower unit in December. Roof just replaced in Fall 2016. Big ticket items taken care of. Investors take note: 15% Cap Rate!!! Great investment! 4 parking spots, 2 per unit.

Last Agent to Sell the Property

Virginia Frost

KW Coastal and Lakes & Mountains Realty License #071040 Listed on: 01/18/2017

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Kate Copplestone

BHHS Verani Seacoast License #069189

BHHS Verani Seacoast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 1882

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,691 Sq Ft Home
  • 2.5-Story Property

Basement

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

Parking

  • 4 Car Parking Spaces
  • Paved Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Separate Meters
  • 200+ Amp Service
  • Gas Water Heater
  • Oil Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,553

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Flood Zone: Unknown
  • Assessment Amount: 90700
  • Assessment Year: 2016
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 69.78
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1691
  • Sq Ft - Apx Total Finished: 1691
  • Year Built: 1882
  • Remarks Public: Two family house with newly renovated upstairs unit - new flooring & paint throughout and hot water heater replaced in 2016. New hot water heater just installed in lower unit in December. Roof just replaced in Fall 2016. Big ticket items taken care of. Investors take note: 15% Cap Rate!!! Great investment! 4 parking spots, 2 per unit.
  • List Agent: 278787
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt, Full
  • Sq Ft - Apx Finished AG: 1691

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Block, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Parking: Parking Spaces 4

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas, Oil
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2

Lot Info

  • Map: 125
  • Lot: 175
  • Lot Sq Ft: 2178
  • Lot Acres: 0.05
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R2
  • Deed Book: 3630
  • Deed Page: 359
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 2553
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2018
Sold by
Salmon Tobias M
Bought by
Salmon Properties Llc
Current Estimated Value
$385,161

Purchase Details

Listed on
Jan 18, 2017
Closed on
Apr 19, 2017
Sold by
Nutmeg Properties Grou
Bought by
Salmon Tobias M
Seller's Agent
Virginia Frost
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Kate Copplestone
BHHS Verani Seacoast
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.99%
Original Mortgage
$88,500
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2008
Sold by
Us Bank Na
Bought by
Nutmeg Property Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2007
Sold by
Gilman Stacy A and Gilman Jennifer
Bought by
Credit Suisse 1St Bost

Purchase Details

Closed on
Sep 21, 1999
Sold by
Aardvark Props & Dev
Bought by
Gilman Stacy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,517
Interest Rate
7.83%
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
Salmon Properties Llc -- --
Salmon Tobias M $118,000 --
Nutmeg Property Group $97,900 --
Credit Suisse 1St Bost $165,800 --
Gilman Stacy A $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salmon Tobias M $88,500
Previous Owner Gilman Stacy A $78,300
Previous Owner Gilman Stacy A $58,517
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2017 04/17/17 Sold $118,000 -1.7% $70 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $120,000 -- $71 / 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 $4,152 $279,600 $44,700 $234,900
2023 $3,897 $151,400 $27,000 $124,400
2022 $3,827 $151,400 $27,000 $124,400
2021 $3,732 $151,400 $27,000 $124,400
2020 $3,726 $151,400 $27,000 $124,400
2019 $3,312 $133,000 $27,000 $106,000
2018 $3,157 $114,700 $24,000 $90,700
2017 $3,020 $114,700 $24,000 $90,700
2016 $2,563 $90,700 $24,000 $66,700
2015 $2,553 $90,700 $24,000 $66,700
2014 $2,492 $90,700 $24,000 $66,700
2013 $2,649 $100,500 $33,000 $67,500
2012 $2,581 $100,500 $33,000 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4614638

PrimeMLS

APN: RCHE-000125-000175