NOT LISTED FOR SALE

37 North Rd Alstead, NH 03602

Estimated Value: $328,710 - $428,000

5 Beds
2 Baths
2,272 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $183,750 $81 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,614/month

24 Days on Market

Highlights

  • Cape Cod Architecture
  • Softwood Flooring
  • 1 Car Attached Garage
  • Deck
  • Enclosed Patio or Porch
  • Shed

About This Home

As of October 2018

Unique multi-family rental property located in East Alstead village consisting of two separate houses and a third Studio building. The main house is a circa 1800 cape with 3 bedrooms, 2 upstairs and 1 on main level, full bath on main, 1/2 bath in upstairs master bedroom, 2 living rooms (one with a woodstove), large eat-in country kitchen, 3 season sun porch, and fenced lawn area off kitchen. There is a 1 car garage with extra storage area that is typcially rented with the main house. The second house is a mid 1990's ranch with 2 bedrooms, large open concept kitchen, dining area, lliving room, and full bath. A third separate building is an mid-2000's heated studio building consisting of a large 384 Sqft room. There is no bath in the studio but it has typcially been an optional rental to either unit. All utilites are separated and tenants pay for all utilities. Houses are situated in such a manner that each house has a great sense of privacy. There is a large level lot for recreation and a large shed for tenant or landlord use. Great rental investment property or owner occupy and live in one unit. Close by to Lake Warren boat launch and recreation. Easy commute to Keene or Claremont areas. Many recent improvements have been made to this turn-keyl property including insulation, hot water heaters in both, new oil tank in main house, many new appliances including washers, dryers, refrigerator, gas range and hood, new bulkhead, and plumbing in back unit. See it today!

Last Agent to Sell the Property

Steve Schoppmeyer

BHG Masiello Brattleboro License #081.0004512 Listed on: 08/25/2018

BHG Masiello Brattleboro

Last Buyer's Agent

Steve Schoppmeyer

BHG Masiello Brattleboro License #081.0004512 Listed on: 08/25/2018

BHG Masiello Brattleboro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,283

Year Built

  • Built in 1800

Lot Details

  • 2.4 Acre Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Shared Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property
  • Window Screens

Flooring

  • Softwood
  • Tile
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Walk-Up Access
  • Connecting Stairway
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Alstead Primary Elementary School
  • Vilas Middle School
  • Fall Mountain Reg High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Drilled Well
  • Liquid Propane Gas Water Heater
  • Shared Septic
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,394
  • Gross Income $25,800
  • Net Operating Income $17,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,283

Year Built

Built in 1800

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: From Alstead village, take 123 towards East Alstead/Lake Warren. Go 4 miles to flashing light by Lake Warren, Turn Left onto North Rd. House on left in 1/4 mile.
  • Assessment Amount: 160600
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 80.88
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2656
  • Sq Ft - Apx Total Finished: 2272
  • Property Type: Multi-Family
  • Year Built: 1800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Softwood, Tile, Vinyl
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Crawl Space, Partial, Stairs - Interior, Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 2272
  • Sq Ft - Apx Unfinished AG: 384

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Fence - Partial, Outbuilding, Porch - Enclosed, Shed, Window Screens

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Parking Spaces 6+
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Septic Shared
  • Water: Drilled Well
  • Water Heater: Electric, Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Forced Air
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 3
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Tenant
  • Utilities: Cable, Dsl - Available, Telephone At Site

Schools

  • Elementary School: Alstead Primary
  • High School: Fall Mountain Reg High School

Lot Info

  • Map: 31
  • Lot: 14
  • Lot Sq Ft: 104544
  • Lot Acres: 2.4
  • Lot Description: Field/Pasture, Level
  • Surveyed: Yes
  • Zoning: RURAL
  • Deed Book: 2866
  • Deed Page: 0039
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 25800
  • Net Income: 17500
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4283
  • Tax Year: 2017

MLS Schools

  • School District: Fall Mountain Reg SD SAU #60
  • School Middle Jr: Vilas Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2018
Closed on
Nov 2, 2018
Sold by
Murray Louisa and Livengood Lonn
Bought by
Brown James E and Wright Nicholas
Seller's Agent
Steve Schoppmeyer
BHG Masiello Brattleboro
Buyer's Agent
Steve Schoppmeyer
BHG Masiello Brattleboro
List Price
$179,900
Sold Price
$183,750
Premium/Discount to List
$3,850
2.14%
Current Estimated Value
$423,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,884
Avg. Annual Appreciation
10.79%
Original Mortgage
$179,685
Outstanding Balance
$157,347
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$228,081

Purchase Details

Listed on
Jul 29, 2013
Closed on
Apr 28, 2014
Sold by
Anne M Parham Brown Re
Bought by
Murray Louisa and Livengood Lonn
Seller's Agent
Myra Mansouri
Buyer's Agent
Myra Mansouri
List Price
$174,500
Sold Price
$155,000
Premium/Discount to List
-$19,500
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Brown James E $183,800 --
Brown James E $183,800 --
Murray Louisa $155,000 --
Murray Louisa $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown James E $179,685
Closed Brown James E $179,685
Previous Owner Murray Louisa $92,000
Previous Owner Murray Louisa $9,000
Closed Murray Louisa $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2018 10/31/18 Sold $183,750 +2.1% $81 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
08/25/2018 08/25/18 For Sale $179,900 +16.1% $79 / Sq Ft
04/28/2014 04/28/14 Sold $155,000 -11.2% $102 / Sq Ft View Prior Sale
01/21/2014 01/21/14 Pending -- -- --
07/29/2013 07/29/13 For Sale $174,500 -- $115 / 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 $5,051 $187,200 $53,900 $133,300
2023 $4,760 $187,200 $53,900 $133,300
2022 $4,613 $187,200 $53,900 $133,300
2021 $4,352 $187,200 $53,900 $133,300
2020 $3,531 $187,200 $53,900 $133,300
2019 $4,473 $160,600 $39,700 $120,900
2018 $4,344 $160,600 $39,700 $120,900
2017 $4,283 $160,600 $39,700 $120,900
2016 $4,198 $156,000 $39,700 $116,300
2015 $4,139 $156,000 $39,700 $116,300
2014 $4,136 $173,800 $42,600 $131,200
2013 $4,658 $173,800 $42,600 $131,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4715040

PrimeMLS

APN: ALTD-000031-000014