NOT LISTED FOR SALE

400 Kelley St Manchester, NH 03102

Rimmon Heights Neighborhood

Estimated Value: $429,337

-- Bed
4 Baths
3,309 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $280,000 $85 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,842/month

2 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Baseboard Heating
  • Corner Lot
  • 4 Car Detached Garage
  • 2-minute walk to Lafayette Park

About This Home

As of May 2019

Great Investor Opportunity with this Mixed Use Property under lease till 2020 and bringing in $3400 per month! Small commercial space on 1st floor with 2 offices and reception area. Spacious 2 bedroom apartment also on 1st floor. Large 4 bedroom apartment on 2nd floor. Old world charm with tin ceilings and built-ins; other features include beautiful wood floors and an oversized garage. Building could easily be converted to a large 2 unit building. Current COC. Convenient to downtown Manchester, highways, shopping and schools! Seller is a licensed NH real estate broker.

Last Agent to Sell the Property

Michael Gallo

Gallo Realty Group Listed on: 04/30/2019

Last Buyer's Agent

Michael Gallo

Gallo Realty Group Listed on: 04/30/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,880

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil

Community Details

  • 3 Units
  • Gross Income $40,800

Listing and Financial Details

  • Tax Lot 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,880

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 84.62
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5040
  • Sq Ft - Apx Total Finished: 3309
  • Year Built: 1930
  • Remarks Public: Great Investor Opportunity with this Mixed Use Property under lease till 2020 and bringing in $3400 per month! Small commercial space on 1st floor with 2 offices and reception area. Spacious 2 bedroom apartment also on 1st floor. Large 4 bedroom apartment on 2nd floor. Old world charm with tin ceilings and built-ins; other features include beautiful wood floors and an oversized garage. Building could easily be converted to a large 2 unit building. Current COC. Convenient to downtown Manchester, highways, shopping and schools! Seller is a licensed NH real estate broker.
  • List Agent: 25668
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3309
  • Sq Ft - Apx Unfinished BG: 1731

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane
  • Features Exterior: Porch - Covered, Porch - Enclosed

Garage/Parking

  • Garage Capacity: 4
  • Parking: Driveway, Garage
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard

Lot Info

  • Map: 187
  • Lot: 1
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot, Corner
  • Zoning: R2
  • Deed Book: 8508
  • Deed Page: 1451
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 40800
  • Total Full Baths: 4
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5880
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
May 23, 2019
Sold by
Gallo Michael R
Bought by
J & D Investments Llc
Seller's Agent
Michael Gallo
Gallo Realty Group
Buyer's Agent
Michael Gallo
Gallo Realty Group
List Price
$319,900
Sold Price
$280,000
Premium/Discount to List
-$39,900
-12.47%
Current Estimated Value
$429,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,337
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Oct 17, 2011
Sold by
Gould Robert
Bought by
Bank New York Mellon T

Purchase Details

Closed on
Jun 30, 2006
Sold by
Clement Norman M and Clement Roger D
Bought by
Gould Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
J & D Investments Llc $280,000 --
Bank New York Mellon T $183,400 --
Gould Robert $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gould Robert $172,000
Previous Owner Gould Robert $144,960
Previous Owner Gould Robert $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $280,000 -12.5% $85 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $319,900 -- $97 / 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 $6,031 $308,000 $78,000 $230,000
2023 $5,809 $308,000 $78,000 $230,000
2022 $5,618 $308,000 $78,000 $230,000
2021 $5,445 $308,000 $78,000 $230,000
2020 $6,254 $253,600 $67,800 $185,800
2019 $6,168 $253,600 $67,800 $185,800
2018 $5,880 $248,300 $67,800 $180,500
2017 $5,790 $248,300 $67,800 $180,500
2016 $5,746 $248,300 $67,800 $180,500
2015 $5,926 $252,800 $67,800 $185,000
2014 $5,941 $252,800 $67,800 $185,000
2013 $5,731 $252,800 $67,800 $185,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Gallo

    Seller's Agent in 2019

    Michael Gallo

    Gallo Realty Group

    (603) 836-0151

    121 Total Sales

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Map

Source: PrimeMLS

MLS Number: 4748126

PrimeMLS

APN: MNCH-000187-000000-000001

New Hampshire Hillsborough County Manchester 03102 Rimmon Heights

400 Kelley St, Manchester, NH

This home is located at 400 Kelley St, Manchester, NH 03102 since 30 April 2019 and is currently estimated at $429,337, approximately $129 per square foot. This property was built in 1930. 400 Kelley St is a home located in Hillsborough County with nearby schools including Northwest Elementary School, Middle School at Parkside, and Manchester West High School.

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