NOT LISTED FOR SALE

36 Mill St Wolfeboro, NH 03894

Estimated Value: $1,295,104

6 Beds
4 Baths
4,650 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $1,250,000 $269 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,241/month

27 Days on Market

Highlights

  • Lake View
  • New Englander Architecture
  • High Speed Internet
  • Deck
  • Covered Patio or Porch
  • Mini Split Air Conditioners

About This Home

As of August 2024

Income producing intown mixed use investment property. 36 Mill Street building offers two two bedroom units in excellent condition. Fully renovated top to bottom in 2017. 29 Libby Street duplex offers two one bedroom plus loft units all in good condition. There is added owner storage under 29 Libby St. Multiple buildings include town water/sewer and resident parking. Four residential rental units with long term tenants. All residential units have washer/dryers and pay heat and electric. One commercial space currently a Brew Pub with outside patio and restroom for patrons. Good access to downtown street parking. Great visibility and curb appeal. In town location walkable from public boat access/docks and town parking. Wolfeboro offers excellent rental history and 0% vacancy rates. Residents enjoy all local amenities shopping, beaches, seasonal events, parks, boating, walking and cross country trails. A perfect place to live and invest in the Lakes Region. QUALIFIED BUYERS ONLY; 48 HOUR NOTICE TO SHOW BY APPT ONLY

Last Agent to Sell the Property

Denise Williams

Maxfield Real Estate/Wolfeboro License #003254 Listed on: 06/23/2024

Last Buyer's Agent

Betty Ann Bickford

Maxfield Real Estate/Wolfeboro License #031787

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,942

Year Built

  • Built in 1850

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • New Englander Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4 Full Bathrooms
  • 4,650 Sq Ft Home
  • 2.5-Story Property
  • Lake Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Schools

  • Carpenter Elementary School
  • Kingswood Regional Middle School
  • Kingswood Regional High School

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Separate Meters
  • 200+ Amp Service
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27
  • 13% Total Tax Rate

Community Details

Overview

  • 5 Units
  • Owner Managed Association

Building Details

  • Operating Expense $13,649
  • Gross Income $88,500
  • Net Operating Income $74,851

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,942

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Main St take Mill St. Property on left.
  • Flood Zone: Unknown
  • Footprint: 31x 40x2460
  • Assessment Amount: 404500
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 268.82
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4650
  • Sq Ft - Apx Total Finished: 4650
  • Year Built: 1850
  • List Agent: 9370
  • Display On Internet: High Speed Intrnt -Avail, DSL – Available
  • Architectural Style: New Englander, Ranch
  • ResoLotFeatures: City Lot, Lake View, Sidewalks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater – Tankless
  • Flooring: Carpet, Laminate, Vinyl
  • Sq Ft - Apx Finished AG: 4650

Exterior Features

  • Driveway: Paved
  • Foundation: Slab - Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Porch - Covered
  • Water Body Type: Lake
  • Water Body Name 2: Lake Winnipesaukee
  • Water View: Yes
  • Construction Type: Timber Frame, Wood Frame

Utilities

  • Cable Company: Breezeline
  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public Sewer On-Site
  • Heating Fuel: Electric
  • Heating: Electric, Heat Pump, Mini Split
  • Cooling: Mini Split
  • Electric Company: Wolfeboro Municiple
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Heat Units: 5
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Utilities: Cable - At Site, Telephone Available
  • Water Source: Public, Public Water - On-Site

Condo/Co-op/Association

  • Management Company: Owner Managed

Schools

  • Elementary School: Carpenter Elementary
  • High School: Kingswood Regional High School

Lot Info

  • Map: 217
  • Lot: 27
  • Lot Sq Ft: 6970
  • Lot Acres: 0.16
  • Surveyed: Yes
  • Surveyed By: Robert Ellis
  • Zoning: Commerical Residential
  • Deed Book: 3558
  • Deed Page: 63
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 88500
  • Net Income: 74851
  • Total Full Baths: 4
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Rate: 13.22
  • Tax Gross Amount: 5942
  • Tax Year: 2023

MLS Schools

  • School District: Governor Wentworth Regional
  • School Middle Jr: Kingswood Regional Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2024
Closed on
Aug 15, 2024
Sold by
Libby Mill Llc
Bought by
Nolan Lawrence J and Nolan Caroline
Seller's Agent
Denise Williams
Maxfield Real Estate/Wolfeboro
Buyer's Agent
Betty Ann Bickford
Maxfield Real Estate/Wolfeboro
List Price
$1,389,000
Sold Price
$1,250,000
Premium/Discount to List
-$139,000
-10.01%
Views
41
Current Estimated Value
$1,295,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,104
Avg. Annual Appreciation
2.49%

Purchase Details

Closed on
Dec 30, 2020
Sold by
29 Libby Wolfeboro Llc
Bought by
Libby Mill Llc

Purchase Details

Listed on
May 1, 2015
Closed on
Mar 29, 2016
Sold by
36 Mill St Wolfeboro L
Bought by
29 Libby Wolfeboro Llc
Seller's Agent
Denise Williams
Maxfield Real Estate/Wolfeboro
Buyer's Agent
Denise Williams
Maxfield Real Estate/Wolfeboro
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%
Original Mortgage
$336,000
Interest Rate
3.65%
Mortgage Type
Commercial
Source: Public Records
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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
Nolan Lawrence J $1,250,000 None Available
Nolan Lawrence J $1,250,000 None Available
Libby Mill Llc $890,000 None Available
Libby Mill Llc $890,000 None Available
29 Libby Wolfeboro Llc $300,000 --
29 Libby Wolfeboro Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 29 Libby Wolfeboro Llc $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $1,250,000 -10.0% $269 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
06/23/2024 06/23/24 For Sale $1,389,000 +363.0% $299 / Sq Ft
03/28/2016 03/28/16 Sold $300,000 -14.0% $60 / Sq Ft View Prior Sale
02/08/2016 02/08/16 Pending -- -- --
05/01/2015 05/01/15 For Sale $349,000 -- $70 / 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 $6,432 $404,500 $142,200 $262,300
2023 $5,942 $404,500 $142,200 $262,300
2022 $5,363 $405,700 $142,200 $263,500
2021 $5,546 $405,700 $142,200 $263,500
2020 $0 $405,700 $142,200 $263,500
2019 $5,959 $376,200 $128,000 $248,200
2018 $5,944 $376,200 $128,000 $248,200
2017 $4,301 $287,100 $128,000 $159,100
2016 $4,200 $287,100 $128,000 $159,100
2015 $4,027 $288,700 $128,000 $160,700
2014 $4,379 $336,600 $103,800 $232,800
2013 $4,474 $348,700 $103,800 $244,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5002111

PrimeMLS

APN: WOLF-000217-000027