NOT LISTED FOR SALE

388 Main St Somersworth, NH 03878

Estimated Value: $153,000

4 Beds
2 Baths
2,872 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 29, 2012

Last sale price $57,750 $20 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $965/month

211 Days on Market

Highlights

  • 2 Car Attached Garage
  • Home Security System
  • Carpet

About This Home

As of November 2012

Looking for multi-family that offers additional options. large parking lot, attached garage that holds 2-3 cars, abutts railroad, business district, converted building. Offers a large open concept lower unit. Ideal location for in-home business, place for invention, space for your goods. This is an auction property.

Last Agent to Sell the Property

Paul Mausteller

RE/MAX Shoreline License #055447 Listed on: 04/02/2012

RE/MAX Shoreline

Last Buyer's Agent

Ross Hobin

Coldwell Banker Hobin Realty LLC License #000720

Coldwell Banker Hobin Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.55 Acre Lot
  • Lot Sloped Up

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Converted Dwelling
  • Slab Foundation
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Tar and Gravel Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,872 Sq Ft Home
  • 1.75-Story Property
  • Carpet
  • Home Security System

Schools

  • Somersworth Middle School
  • Somersworth High School

Utilities

  • Heating System Uses Oil
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 11
  • 27% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Directions: From Town Hall, straight out Main St toward Rollinsford, property on left, see sign, corner of Centre st
  • Flood Zone: Unknown
  • Assessment Amount: 231900
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 1.75
  • Price Per Sq Ft: 20.11
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 2872
  • Year Built: 1940
  • Remarks Public: Looking for multi-family that offers additional options. large parking lot, attached garage that holds 2-3 cars, abutts railroad, business district, converted building. Offers a large open concept lower unit. Ideal location for in-home business, place for invention, space for your goods. This is an auction property.
  • List Agent: 22737
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment: Security System
  • Flooring: Carpet
  • Basement Description: Slab
  • Sq Ft - Apx Finished AG: 2872

Exterior Features

  • Construction: Masonry, Wood Frame
  • Driveway: Gravel, Paved
  • Exterior: Block, Vinyl
  • Foundation: Slab w/ Frost Wall
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Rolled, Tar and Gravel

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 1 - 10
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Tank
  • Heating Fuel: Oil
  • Heating: Hot Air
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Municipal

Schools

  • School District: Somersworth
  • Middle School: Somersworth Middle School
  • High School: Somersworth High School
  • High School: Somersworth High School

Lot Info

  • Map: 7
  • Lot: 11
  • Lot Sq Ft: 23958
  • Lot Acres: 0.55
  • Surveyed: Unknown
  • Zoning: B
  • Deed Book: 3968
  • Deed Page: 357
  • Deed Recorded Type: Foreclosure

Tax Info

  • Tax Rate: 27.32
  • Tax Gross Amount: 6336
  • Tax Year: 2012

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

MLS Schools

  • School District: Somersworth
  • School Middle Jr: Somersworth Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2015
Sold by
Hawkins Matthew A and Hawkins Ashley
Bought by
Hawkins Ft
Current Estimated Value
$153,000

Purchase Details

Listed on
Apr 2, 2012
Closed on
Nov 30, 2012
Sold by
Fnma
Bought by
Hawkins Matthew A and Hawkins Ashley
Seller's Agent
Paul Mausteller
RE/MAX Shoreline
Buyer's Agent
Ross Hobin
Coldwell Banker Hobin Realty LLC
List Price
$98,000
Sold Price
$57,750
Premium/Discount to List
-$40,250
-41.07%

Purchase Details

Closed on
Nov 10, 2011
Sold by
Severance Laurie
Bought by
Fnma
Source: Public Records

Range of Values:

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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
Hawkins Ft -- --
Hawkins Ft -- --
Hawkins Matthew A $57,800 --
Fnma $241,800 --
Fnma $241,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2012 11/29/12 Sold $57,750 -41.1% $20 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $98,000 -- $34 / 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 $8,058 $430,900 $106,200 $324,700
2023 $8,301 $283,300 $79,300 $204,000
2022 $7,958 $283,300 $79,300 $204,000
2021 $7,816 $283,900 $79,300 $204,600
2020 $7,907 $283,900 $79,300 $204,600
2019 $7,441 $283,900 $79,300 $204,600
2018 $8,540 $216,200 $103,600 $112,600
2017 $8,320 $216,200 $103,600 $112,600
2016 $6,813 $212,100 $103,600 $108,500
2015 $6,734 $208,800 $103,600 $105,200
2014 $6,804 $218,500 $103,600 $114,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4146042

PrimeMLS

APN: SMSW-000007-000011