NOT LISTED FOR SALE

408 Cedar St Manchester, NH 03103

Kalivas-Union Neighborhood

Estimated Value: $471,000 - $759,000

-- Bed
3 Baths
4,572 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $160,000 $35 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $4,259/month

7 Days on Market

About This Home

As of May 2020

Calling INVESTORS and CREATIVE MINDS! Looking for something to do during this quarantine? This is your opportunity to have a project to keep you busy (and sane) through the summer that will in turn become a CASH COW once finished. This 3 unit building has a lot of potential & is ready for its new owner. Currently the city has it as a 3 bedroom per unit but the layout for each is HUGE and you can potentially turn this into a 4 bedroom per unit for a total of 12 total bedrooms. Do the math, and think about how much rent you'd be able to charge for THREE brand new units that you get to DESIGN YOURSELF. Property is a shell; has framing and newer roof but everything else you get to design! CASH offers only. Private assisted showings will be done on Saturday 4/25 between 9AM-1PM.

Last Agent to Sell the Property

Cinthia Ulloa

Keller Williams Realty-Metropolitan Brokerage Phone: 603-897-9235 License #074803 Listed on: 04/22/2020

Keller Williams Realty-Metropolitan

Last Buyer's Agent

Tom Dang

RE/MAX Innovative Properties License #070211

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,710

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 4,572 Sq Ft Home
  • 3-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 34

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,710

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Queen City Ave, turn left onto Maple St and then turn right onto Cedar St. Property will be on the left.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 35
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6096
  • Sq Ft - Apx Total Finished: 4572
  • Year Built: 1900
  • Remarks Public: Calling INVESTORS and CREATIVE MINDS! Looking for something to do during this quarantine? This is your opportunity to have a project to keep you busy (and sane) through the summer that will in turn become a CASH COW once finished. This 3 unit building has a lot of potential & is ready for its new owner. Currently the city has it as a 3 bedroom per unit but the layout for each is HUGE and you can potentially turn this into a 4 bedroom per unit for a total of 12 total bedrooms. Do the math, and think about how much rent you'd be able to charge for THREE brand new units that you get to DESIGN YOURSELF. Property is a shell; has framing and newer roof but everything else you get to design! CASH offers only. Private assisted showings will be done on Saturday 4/25 between 9AM-1PM.
  • List Agent: 284002
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Full, Exterior Access
  • Sq Ft - Apx Finished AG: 4572
  • Sq Ft - Apx Unfinished BG: 1524

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Asphalt, Vinyl Siding
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Flat, Membrane

Utilities

  • Sewer: Public
  • Water: Public

Lot Info

  • Map: 55
  • Lot: 34
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 9272
  • Deed Page: 1979
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 3
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 3709.94
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
May 18, 2020
Sold by
408 Cedar Street Llc
Bought by
Ho Linh
Seller's Agent
Cinthia Ulloa
Keller Williams Realty-Metropolitan
Buyer's Agent
Tom Dang
RE/MAX Innovative Properties
List Price
$135,000
Sold Price
$160,000
Premium/Discount to List
$25,000
18.52%
Current Estimated Value
$639,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,000
Avg. Annual Appreciation
30.46%

Purchase Details

Listed on
Apr 22, 2020
Closed on
Mar 19, 2020
Sold by
Caron Jean
Bought by
408 Cedar Street Llc
Seller's Agent
Cinthia Ulloa
Keller Williams Realty-Metropolitan
Buyer's Agent
Tom Dang
RE/MAX Innovative Properties
List Price
$135,000
Sold Price
$160,000
Premium/Discount to List
$25,000
18.52%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Lapierre Marcel and Lapierre Francine
Bought by
Hendrickson Charles A

Purchase Details

Closed on
Jan 12, 2001
Sold by
Bcg Invsts Llc
Bought by
Lapierre Marcel and Lapierre Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Interest Rate
7.64%

Purchase Details

Closed on
Aug 18, 1997
Sold by
Shea Md James
Bought by
Silva Barry J and Silva Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
7.56%
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
Ho Linh $160,000 None Available
408 Cedar Street Llc $126,000 None Available
Hendrickson Charles A $20,000 --
Lapierre Marcel $145,000 --
Silva Barry J $83,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Linh $197,000
Previous Owner Silva Barry J $240,000
Previous Owner Silva Barry J $94,250
Previous Owner Silva Barry J $74,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $160,000 +18.5% $35 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $135,000 +7.1% $30 / Sq Ft
03/19/2020 03/19/20 Sold $126,000 +0.8% $41 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $125,000 -- $41 / 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 $10,252 $523,600 $84,600 $439,000
2023 $9,875 $523,600 $84,600 $439,000
2022 $9,550 $523,600 $84,600 $439,000
2021 $9,257 $523,600 $84,600 $439,000
2020 $3,756 $152,300 $58,300 $94,000
2019 $3,704 $152,300 $58,300 $94,000
2018 $4,844 $152,300 $58,300 $94,000
2017 $3,552 $152,300 $58,300 $94,000
2016 $1,916 $82,800 $58,300 $24,500
2015 $6,108 $260,600 $58,300 $202,300
2014 $6,124 $260,600 $58,300 $202,300
2013 $5,908 $260,600 $58,300 $202,300
Source: Public Records

Agents Affiliated with this Home

  • Dexter Ferreras

    Seller's Agent in 2020

    Dexter Ferreras

    BHHS Verani Bedford

    (603) 203-4229

    46 Total Sales

    Dexter Ferreras
    Section Image
  • Cinthia Ulloa

    Seller's Agent in 2020

    Cinthia Ulloa

    Keller Williams Realty-Metropolitan

    (603) 945-2337

    1 in this area

    149 Total Sales

    Cinthia Ulloa
    Section Image

  • T

    Buyer's Agent in 2020

    Tom Dang

    RE/MAX

    (978) 551-1667

    3 in this area

    20 Total Sales

    Tom Dang
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4802056

PrimeMLS

APN: MNCH-000055-000000-000034

New Hampshire Hillsborough County Manchester 03103 Kalivas-Union

408 Cedar St, Manchester, NH

This home is located at 408 Cedar St, Manchester, NH 03103 since 22 April 2020 and is currently estimated at $639,000, approximately $139 per square foot. This property was built in 1900. 408 Cedar St is a home located in Hillsborough County with nearby schools including Wilson School, Hillside Middle School, and Manchester Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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