NOT LISTED FOR SALE

40 Prospect St Somersworth, NH 03878

Estimated Value: $420,000 - $538,124

6 Beds
3 Baths
2,352 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $206,000 $88 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,164/month

185 Days on Market

Highlights

  • Space Heater
  • Carpet
  • Garden Home

About This Home

As of March 2016

Three 2 bedroom 1 bathroom apartments, fully occupied with great rental history. Located in the Historic Hilltop Neighborhood... Featuring off street parking, nice floor plans, Separately metered electricity with (optional) electric heat,three separate K1 monitor style heaters... Tenants enjoy an easy walk to Downtown & neighborhood recreation area...

Last Agent to Sell the Property

Thomas Toye

Arthur Thomas Properties License #062399 Listed on: 08/19/2015

Last Buyer's Agent

Stephen Mountain

Arthur Thomas Properties License #067901

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,631

Year Built

  • 1980

Lot Details

  • 0.25 Acre Lot
  • Lot Sloped Up

Home Design

  • Garden Home
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,352 Sq Ft Home
  • 2.5-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Finished Basement

  • Apartment Living Space in Basement
  • Natural lighting in basement

Parking

  • 510 Car Parking Spaces
  • Paved Parking

Utilities

  • Space Heater
  • Heating System Uses Kerosene
  • Separate Meters
  • Electric Water Heater

Community Details

  • 3 Units
  • Gross Income $30,600

Listing and Financial Details

  • Rent includes landscaping, plowing
  • 31% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,631

Year Built

1980

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Garden
  • Footprint: 28 x 28
  • Assessment Amount: 148700
  • Assessment Year: 2014
  • Construction: Existing
  • Total Stories: 2.5
  • Sq Ft - Apx Total Finished: 2352
  • Unit Info: Laundry Hookup
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1980

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 3
  • Basement Description: Apartments, Daylight, Finished, Frost Wall
  • Sq Ft - Apx Finished AG: 2352

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Parking Spaces 5 - 10

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric, Kerosene
  • Heating: Electric, Space Heater
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Curbside

Schools

  • School District: Somersworth
  • Elementary School: Idlehurst Elementary
  • Middle School: Somersworth Middle School
  • High School: Somersworth High School

Lot Info

  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Lot Description: City Lot
  • Row Parcel Access: Yes
  • Surveyed: Unknown
  • Zoning: HMD

Rental Info

  • Rent Includes: Landscaping, Plowing

Multi Family

  • Gross Income: 30600
  • Total Units: 3
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Rate: 31.14
  • Tax Gross Amount: 4631
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2015
Closed on
Mar 7, 2016
Sold by
Obrien Conor and Obrien Caroline
Bought by
Mountain Stephen T and Mountain Jaclyn A
Seller's Agent
Thomas Toye
Arthur Thomas Properties
Buyer's Agent
Stephen Mountain
Arthur Thomas Properties
List Price
$224,900
Sold Price
$206,000
Premium/Discount to List
-$18,900
-8.4%
Current Estimated Value
$492,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,781
Avg. Annual Appreciation
8.43%
Original Mortgage
$168,000
Interest Rate
3.81%

Purchase Details

Closed on
Jul 27, 2006
Sold by
Noel Ft
Bought by
Obrien Conor and Obrien Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.67%
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
Mountain Stephen T $210,000 --
Mountain Stephen T $210,000 --
Obrien Conor $225,000 --
Obrien Conor $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mountain Stephen $160,500
Closed Mountain Stephen T $168,000
Previous Owner Obrien Conor $146,800
Previous Owner Obrien Conor $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $206,000 -8.4% $88 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
08/19/2015 08/19/15 For Sale $224,900 -- $96 / 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 $6,463 $345,600 $66,000 $279,600
2023 $6,818 $232,700 $29,700 $203,000
2022 $6,537 $232,700 $29,700 $203,000
2021 $6,406 $232,700 $29,700 $203,000
2020 $6,470 $232,300 $29,700 $202,600
2019 $6,337 $232,300 $29,700 $202,600
2018 $4,971 $148,800 $49,500 $99,300
2017 $4,927 $148,900 $49,500 $99,400
2016 $5,546 $148,900 $49,500 $99,400
2015 $4,796 $148,700 $49,500 $99,200
2014 $4,631 $148,700 $49,500 $99,200
Source: Public Records

Agents Affiliated with this Home

  • Thomas Toye

    Seller's Agent in 2016

    Thomas Toye

    Arthur Thomas Properties

    (603) 413-6175

    4 in this area

    57 Total Sales

    Thomas Toye
    Section Image

  • S

    Buyer's Agent in 2016

    Stephen Mountain

    Arthur Thomas Properties

See All Agents

Map

Source: PrimeMLS

MLS Number: 4445758

PrimeMLS

APN: SMSW-000011-000053

New Hampshire Strafford County Somersworth 03878

40 Prospect St, Somersworth, NH

This home is located at 40 Prospect St, Somersworth, NH 03878 since 19 August 2015 and is currently estimated at $492,781, approximately $209 per square foot. This property was built in 1980. 40 Prospect St is a home located in Strafford County with nearby schools including Idlehurst Elementary School, Somersworth High School, and Tri-City Christian Academy.

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