NOT LISTED FOR SALE

37 Spring St Newmarket, NH 03857

Estimated Value: $492,697 - $860,000

-- Bed
2 Baths
1,859 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 12, 2012

Last sale price $150,000 $81 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $4,031/month

54 Days on Market

Highlights

  • Hot Water Heating System
  • Newmarket Elementary School Rated A-
  • 4-minute walk to Schanda Conservation Park

About This Home

As of June 2012

2 family home located in quaint Newmarket. Walking distance to retail area. Units are side by side. This property is in good shape, ready for a new owner to complete some finishing touches. For owner occupied buyers the seller is offering up to 3% closing cost assistance and a 2 year home warrant, some condition apply.

Last Agent to Sell the Property

Peggy Knoettner

EXP Realty License #001169 Listed on: 03/08/2012

Last Buyer's Agent

Michael Allen

Allen Family Real Estate License #057751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,126

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Converted Dwelling
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,859 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,126

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Directions: Route 108 to Elm St to left on Spring Street, house on left.
  • Flood Zone: Unknown
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 1.5
  • Price Per Sq Ft: 80.69
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 1859
  • Year Built: 1890
  • Remarks Public: 2 family home located in quaint Newmarket. Walking distance to retail area. Units are side by side. This property is in good shape, ready for a new owner to complete some finishing touches. For owner occupied buyers the seller is offering up to 3% closing cost assistance and a 2 year home warrant, some condition apply.
  • List Agent: 15997
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 1859

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Granite
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water

Lot Info

  • Map: U2
  • Lot: 14
  • Lot Sq Ft: 2614
  • Lot Acres: 0.06
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: M2
  • Deed Book: 00
  • Deed Page: 00
  • Deed Recorded Type: Foreclosure

Multi Family

  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5126
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2012
Sold by
Militello Michael M and Militello Fhlmc
Bought by
Fhlmc
Current Estimated Value
$622,424

Purchase Details

Closed on
Feb 27, 2004
Sold by
Hartson Troy W
Bought by
Militello Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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
Fhlmc $165,000 --
Fhlmc $165,000 --
Militello Michael M $210,000 --
Militello Michael M $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Militello Michael M $216,000
Previous Owner Militello Michael M $27,000
Previous Owner Militello Michael M $30,000
Previous Owner Militello Michael M $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2012 06/12/12 Sold $150,000 -14.2% $81 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $174,900 -- $94 / 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 $7,110 $413,400 $123,300 $290,100
2023 $7,131 $241,800 $70,500 $171,300
2022 $6,526 $241,800 $70,500 $171,300
2021 $6,369 $241,600 $70,500 $171,100
2020 $6,151 $241,600 $70,500 $171,100
2018 $5,597 $191,400 $54,200 $137,200
2017 $5,116 $191,400 $54,200 $137,200
2016 $4,475 $191,400 $54,200 $137,200
2015 $4,777 $191,400 $54,200 $137,200
2014 $4,929 $191,400 $54,200 $137,200
2013 $4,880 $199,500 $60,900 $138,600
2012 $4,722 $199,500 $60,900 $138,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4140327

PrimeMLS

APN: NMAR-000002-000014-000000-U000000