NOT LISTED FOR SALE

40 Pine St Rochester, NH 03867

Estimated Value: $325,956 - $380,000

4 Beds
2 Baths
1,834 Sq Ft
$193/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $280,000 $153 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,299/month

78 Days on Market

About This Home

As of April 2022

You will not want to miss a great investment opportunity to own a well maintained duplex. This 2 unit consists of two 2 bedroom, 1 bathroom units, each with a great floor plan, wood work, and hardwood floors. The driveway has ample room for parking and there is a large two car garage in the back of property with an attached shed for additional storage. The downstairs unit has a large farmers porch on the front of the property. The deck to the upstairs unit overlooks an open, level, private yard, perfect for entertaining. There is also a full, unfinished basement with laundry hookups. Both units are currently rented. This property is close to the Spaulding turnpike, restaurants and shopping.

Last Agent to Sell the Property

Michael Whitney

KW Coastal and Lakes & Mountains Realty License #056048 Listed on: 12/06/2021

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Josh Knox

Realty One Group Next Level

Realty One Group Next Level

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,999

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • William Allen Elementary School
  • Rochester Middle School
  • Spaulding High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 0130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,999

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Flood Zone: Unknown
  • Assessment Amount: 162500
  • Assessment Year: 2020
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 152.67
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2842
  • Sq Ft - Apx Total Finished: 1834
  • Year Built: 1921
  • Remarks Public: You will not want to miss a great investment opportunity to own a well maintained duplex. This 2 unit consists of two 2 bedroom, 1 bathroom units, each with a great floor plan, wood work, and hardwood floors. The driveway has ample room for parking and there is a large two car garage in the back of property with an attached shed for additional storage. The downstairs unit has a large farmers porch on the front of the property. The deck to the upstairs unit overlooks an open, level, private yard, perfect for entertaining. There is also a full, unfinished basement with laundry hookups. Both units are currently rented. This property is close to the Spaulding turnpike, restaurants and shopping.
  • List Agent: 16562
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 1834
  • Sq Ft - Apx Unfinished BG: 1008

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Steam
  • Utilities: Cable - Available

Schools

  • School District: Rochester
  • Elementary School: William Allen School
  • Middle School: Rochester Middle School
  • High School: Spaulding High School
  • Elementary School: William Allen School
  • High School: Spaulding High School

Lot Info

  • Map: 0121
  • Lot: 0000
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R2
  • Deed Book: 3639
  • Deed Page: 490
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 3999
  • Tax Year: 2020

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 2

MLS Schools

  • School District: Rochester
  • School Middle Jr: Rochester Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Apr 1, 2022
Sold by
Calder Alan W and Johnson Cynthia A
Bought by
Lugo Misha E
Seller's Agent
Michael Whitney
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Josh Knox
Realty One Group Next Level
List Price
$299,500
Sold Price
$280,000
Premium/Discount to List
-$19,500
-6.51%
Current Estimated Value
$353,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,739
Avg. Annual Appreciation
6.00%
Original Mortgage
$270,000
Outstanding Balance
$255,912
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$85,253

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 14, 2020
Sold by
Herman Janice
Bought by
Calder Alan W and Johnson Cynthia A
Seller's Agent
Steve Cotran
RE/MAX Area Real Estate Network LTD
Buyer's Agent
Steve Cotran
RE/MAX Area Real Estate Network LTD
List Price
$144,900
Sold Price
$134,900
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.18%
Original Mortgage
$101,175
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Bank Of New York T Co
Bought by
Harmen Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,700
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2007
Sold by
Gilman Stacy A
Bought by
Jpmorgan Chase Bank Na
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
Lugo Misha E $280,000 None Available
Calder Alan W $134,933 None Available
Harmen Janice $102,000 --
Jpmorgan Chase Bank Na $224,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Misha E $270,000
Previous Owner Calder Alan W $101,175
Previous Owner Jpmorgan Chase Bank Na $86,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $280,000 -6.5% $153 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
12/06/2021 12/06/21 For Sale $299,500 +122.0% $163 / Sq Ft
09/14/2020 09/14/20 Sold $134,900 -6.9% $74 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $144,900 -- $79 / 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 $4,455 $300,000 $70,200 $229,800
2023 $4,175 $162,200 $39,000 $123,200
2022 $4,100 $162,200 $39,000 $123,200
2021 $3,998 $162,200 $39,000 $123,200
2020 $3,999 $162,500 $39,000 $123,500
2019 $4,094 $164,400 $39,000 $125,400
2018 $3,840 $137,300 $34,700 $102,600
2017 $3,615 $137,300 $34,700 $102,600
2016 $3,165 $112,000 $34,700 $77,300
2015 $3,153 $112,000 $34,700 $77,300
2014 $3,077 $112,000 $34,700 $77,300
2013 $3,284 $124,600 $47,700 $76,900
2012 $3,200 $124,600 $47,700 $76,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4892636

PrimeMLS

APN: RCHE-000121-000130