NOT LISTED FOR SALE

37-39 Maple St Newport, NH 03773

Estimated Value: $382,961

12 Beds
7 Baths
6,164 Sq Ft
$62/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $137,500 $22 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,506/month

247 Days on Market

About This Home

As of August 2013

INVESTORS: 10 unit apartment house. There are, 2-1 bedroom units, 3-2 bedroom units, 1-3 bedroom unit, and 3 studios. 3 of the tentants been there for over 15 years each (no leases) 2 others have leases and the remainder are month to month. One unit not being used is a studio.Or: Investors: Here is an opportunity to purchase a bulk of properties. 7 buildings with a total of 28 units. 3 in Newport and 4 in Claremont. Total asking price is $650,000. MLS # include: 4195578, 4223007,4222991, 4223012 ,4222992, 4220836, 4195544

Last Listed By

Ann Jacques

Century 21 Highview Realty License #082.0007500 Listed on: 11/02/2012

Century 21 Highview Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 7 Full Bathrooms
  • 6,164 Sq Ft Home
  • 2.5-Story Property

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • 110 Car Parking Spaces
  • Stone Driveway
  • On-Site Parking

Schools

  • Richards Elementary School
  • Newport Middle And High School
  • Newport Middle High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • 10 Units
  • Gross Income $60,483

Listing and Financial Details

  • Rent includes heat, hot water, sewer, trash, water
  • Tax Lot 1162
  • 25% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From lights in on Route 10 in downtown Newport, go left to north on Maple street. 4th building on right
  • Flood Zone: Unknown
  • Assessment Amount: 312800
  • Assessment Year: 2011
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 22.31
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 6164
  • Year Built: 1920
  • Remarks Public: INVESTORS: 10 unit apartment house. There are, 2-1 bedroom units, 3-2 bedroom units, 1-3 bedroom unit, and 3 studios. 3 of the tentants been there for over 15 years each (no leases) 2 others have leases and the remainder are month to month. One unit not being used is a studio.Or: Investors: Here is an opportunity to purchase a bulk of properties. 7 buildings with a total of 28 units. 3 in Newport and 4 in Claremont. Total asking price is $650,000. MLS # include: 4195578, 4223007,4222991, 4223012 ,4222992, 4220836, 4195544
  • List Agent: 1488
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Dirt, Full
  • Sq Ft - Apx Finished AG: 6164

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Vinyl
  • Foundation: Brick, Concrete, Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: On-Site, Parking Spaces 1 - 10

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Ranges: 9
  • Total Refrigerators: 9

Schools

  • School District: Newport Sch Dst SAU #58
  • Elementary School: Richards Elementary School
  • Middle School: Newport Middle and High School
  • High School: Newport Middle High School
  • Elementary School: Richards Elementary School
  • High School: Newport Middle High School

Lot Info

  • Map: 114
  • Lot: 1162
  • Lot Sq Ft: 12197
  • Lot Acres: 0.28
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: 13-R210-Gen Res
  • Deed Book: 1767
  • Deed Page: 0445
  • Deed Recorded Type: Quit Claim

Rental Info

  • Rent Includes: Heat, Hot Water, Sewer, Trash, Water

Multi Family

  • Gross Income: 60483
  • Total Full Baths: 7
  • Total Units: 10
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Rate: 25.37
  • Tax Gross Amount: 7935.74
  • Tax Year: 2011

MLS Schools

  • School District: Newport Sch Dst SAU #58
  • School Middle Jr: Newport Middle and High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Dcastro Properties Llc
Bought by
Kb4 Property Group Llc
Total Days on Market
247
Current Estimated Value
$382,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Outstanding Balance
$1,548,712
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,165,751

Purchase Details

Closed on
Oct 29, 2020
Sold by
Young Jeffrey S
Bought by
Dcastro 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
$220,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2012
Closed on
Aug 29, 2013
Sold by
Bear Path Props Llc
Bought by
Young Jeffrey S
Seller's Agent
Ann Jacques
Century 21 Highview Realty
Buyer's Agent
Ann Jacques
Century 21 Highview Realty
List Price
$234,900
Sold Price
$137,500
Premium/Discount to List
-$97,400
-41.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%

Purchase Details

Closed on
May 3, 2010
Sold by
Ib Property Holdings L
Bought by
Bear Path Properties L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2009
Sold by
Deacon Timothy
Bought by
Ib Property Holdings L

Purchase Details

Closed on
May 30, 2007
Sold by
Edina Realty
Bought by
Deacon Timothy D

Purchase Details

Closed on
Jun 24, 2005
Sold by
Nh Building T
Bought by
Edina Rlty

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
Kb4 Property Group Llc $1,600,000 None Available
Kb4 Property Group Llc $1,600,000 None Available
Dcastro Properties Llc $275,000 None Available
Dcastro Properties Llc $275,000 None Available
Young Jeffrey S $587,500 --
Young Jeffrey S $587,500 --
Bear Path Properties L $160,000 --
Bear Path Properties L $160,000 --
Ib Property Holdings L $209,000 --
Ib Property Holdings L $209,000 --
Deacon Timothy D $330,000 --
Deacon Timothy D $330,000 --
Edina Rlty $145,000 --
Edina Rlty $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kb4 Property Group Llc $1,550,000
Closed Kb4 Property Group Llc $1,550,000
Previous Owner Dcastro Properties Llc $401,250
Previous Owner Dcastro Properties Llc $220,000
Previous Owner Edina Rlty $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $137,500 -41.5% $22 / Sq Ft
07/07/2013 07/07/13 Pending -- -- --
11/02/2012 11/02/12 For Sale $234,900 -- $38 / 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 $12,243 $503,600 $88,600 $415,000
2023 $11,875 $503,600 $88,600 $415,000
2022 $10,525 $503,600 $88,600 $415,000
2021 $8,144 $246,800 $49,100 $197,700
2020 $8,169 $246,800 $49,100 $197,700
2019 $8,028 $246,800 $49,100 $197,700
2018 $7,348 $246,800 $49,100 $197,700
2017 $7,474 $246,800 $49,100 $197,700
2016 $7,513 $261,500 $47,600 $213,900
2015 $7,649 $261,500 $47,600 $213,900
2014 $8,274 $261,500 $47,600 $213,900
2013 -- $261,500 $47,600 $213,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4195544

PrimeMLS

APN: NWPT-000114-071000