NOT LISTED FOR SALE

34 Nichols Ave Newmarket, NH 03857

Estimated Value: $668,000 - $798,000

-- Bed
3 Baths
4,828 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $550,000 $114 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,807/month

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • River Front
  • Forced Air Heating System
  • Newmarket Elementary School Rated A-
  • 1.14 Acre Lot
  • High Speed Internet

About This Home

As of September 2021

Waterfront multifamily close to downtown Newmarket. Side by side duplex each with 3 bedrooms and additional room on first floor that can be used for office or additional bedroom. All rooms are spacious. Third unit in lower walkout basement has 2 bedrooms. Property has large backyard with frontage on the Lamprey River. Swim, canoe and kayak right out the back door. This property has had many recent upgrades including paving, new roof, new windows, new vinyl siding and more. Ample parking for all units and easy to rent. Seller related to agent.

Last Agent to Sell the Property

Penny Boucher

BHG Masiello Durham License #065086 Listed on: 06/10/2021

BHG Masiello Durham

Last Buyer's Agent

Penny Boucher

BHG Masiello Durham License #065086 Listed on: 06/10/2021

BHG Masiello Durham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,904

Year Built

  • Built in 1910

Lot Details

  • 1.14 Acre Lot
  • River Front
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Separate Meters
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,904

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 165.26
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4992
  • Sq Ft - Apx Total Finished: 4828
  • Year Built: 1910
  • Remarks Public: Waterfront multifamily close to downtown Newmarket. Side by side duplex each with 3 bedrooms and additional room on first floor that can be used for office or additional bedroom. All rooms are spacious. Third unit in lower walkout basement has 2 bedrooms. Property has large backyard with frontage on the Lamprey River. Swim, canoe and kayak right out the back door. This property has had many recent upgrades including paving, new roof, new windows, new vinyl siding and more. Ample parking for all units and easy to rent. Seller related to agent.
  • List Agent: 11244
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Finished
  • Sq Ft - Apx Finished AG: 3328
  • Sq Ft - Apx Finished BG: 1500
  • Sq Ft - Apx Unfinished BG: 164

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Architectural
  • Water Body Type: River
  • Water Restrictions: Unknown
  • Water Access Details: Directly Adjoining
  • Water Body Name 2: Lamprey River
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water Body Access 2: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public Sewer at Street
  • Water: Public
  • Water Heater: Electric, Off Boiler
  • Heating Fuel: Electric, Oil
  • Heating: Electric, Forced Air
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Trash: Tenant
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Lot Info

  • Map: U2
  • Lot: 231
  • Lot Sq Ft: 49658
  • Lot Acres: 1.14
  • Lot Description: River Frontage, Waterfront
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 6020
  • Deed Page: 554
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8904
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Sep 8, 2021
Sold by
Carla Penfield Ret
Bought by
34 Nichols Llc
Seller's Agent
Penny Boucher
BHG Masiello Durham
Buyer's Agent
Penny Boucher
BHG Masiello Durham
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$716,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,613
Avg. Annual Appreciation
6.02%
Original Mortgage
$412,500
Outstanding Balance
$379,411
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$313,856

Purchase Details

Closed on
Jul 23, 2019
Sold by
Penfield Carla D
Bought by
Carla D Penfield Ret
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
34 Nichols Llc $550,000 None Available
Carla D Penfield Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 34 Nichols Llc $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $550,000 0.0% $114 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $550,000 0.0% $114 / Sq Ft
06/13/2014 06/13/14 Rented $1,450 0.0% --
06/13/2014 06/13/14 For Rent $1,450 +20.8% --
09/16/2013 09/16/13 Rented $1,200 -25.0% --
08/17/2013 08/17/13 Under Contract -- -- --
04/29/2013 04/29/13 For Rent $1,600 -- --
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 $10,824 $629,300 $211,100 $418,200
2023 $10,383 $352,100 $120,800 $231,300
2022 $9,503 $352,100 $120,800 $231,300
2021 $9,276 $351,900 $120,800 $231,100
2020 $8,903 $349,700 $120,800 $228,900
2018 $7,491 $256,200 $73,200 $183,000
2017 $6,848 $256,200 $73,200 $183,000
2016 $6,520 $256,200 $73,200 $183,000
2015 $6,395 $256,200 $73,200 $183,000
2014 $6,597 $256,200 $73,200 $183,000
2013 $9,358 $382,600 $140,000 $242,600
2012 $9,056 $382,600 $140,000 $242,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4866056

PrimeMLS

APN: NMAR-000002-000231-000000-U000000