NOT LISTED FOR SALE
8 Beds
6 Baths
3,638 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: March 14, 2022

Last sale price $550,000 $151 Per Sq Ft

42 Days on Market

Highlights

  • New Englander Architecture
  • Baseboard Heating
  • Satellite Dish

About This Home

As of March 2022

Investors take note. A rare 6 unit well maintained building with loyal tenants even during these most trying times. Completely renovated in 2006 with new roof, electrical, plumbing, kitchens with some granite counters, bathroom, flooring, windows, and siding. Potential for putting a quarter washer and dryer in the lower level. Located in neighborhood part of town and very short walk to a general market. Abuts an open park-like lot on one side, lower buildings on the other side as well. The entire level back area has parking for at least 10 cars and access to Union Street so your tenants don't feel boxed in. All the units beautifully designed and with month to month tenants lots of room for improvement. You are a very short walk to Mills Market convenient store to get all your needed supplies without having to jump in a car. The owner has been managing the property very efficiently over the years. Also listed as a commercial listing MLS #4890248 Also listed as a Commercial MLS 4890248

Last Agent to Sell the Property

Michael Travis

BHHS Verani Wolfeboro License #059232 Listed on: 11/11/2021

BHHS Verani Wolfeboro

Last Buyer's Agent

Katherine Gemmecke

The Boulos Company

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,292

Year Built

  • Built in 1875

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • New Englander Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 3-Story Property

Basement

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

Parking

  • 510 Car Parking Spaces
  • Paved Parking

Schools

  • Farmington Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • 6 Units
  • Gross Income $64,224

Listing and Financial Details

  • Tax Lot 160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,292

Year Built

Built in 1875

Lot Details

0.26 Acres

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: Main Street to Grove Street. Building on right just before Spring Street. From Central Street to Spring Street. Turn right onto Grove street on Right. First building on left.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 151.18
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3781
  • Sq Ft - Apx Total Finished: 3638
  • Year Built: 1875
  • List Agent: 15973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Stairs - Interior, Stairs - Basement
  • Sq Ft - Apx Finished AG: 3638
  • Sq Ft - Apx Unfinished AG: 13
  • Sq Ft - Apx Unfinished BG: 130

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl, Vinyl Siding
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural
  • Easements: Unknown
  • Features Exterior: Natural Shade

Garage/Parking

  • Parking: Parking Spaces 5 - 10

Utilities

  • Cable Company: atlantic broadband
  • Electric: 200 Amp
  • Sewer: Public
  • Water: Included, Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: Eversoure
  • Total Electric Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 6
  • Trash: Dumpster
  • Utilities: Cable - Available, Satellite

Schools

  • High School: Farmington Senior High School

Lot Info

  • Map: U05
  • Lot: 160
  • Lot Sq Ft: 11326
  • Lot Acres: 0.26
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: UR
  • Deed Book: 0599
  • Deed Page: 3434
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 64224
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 1

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 8292
  • Tax Year: 2020

MLS Schools

  • School District: Farmington Sch Dist SAU #61

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
41 Grv St Farmington Llc
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,225,000
Outstanding Balance
$5,974,203
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 11, 2021
Closed on
Mar 1, 2022
Sold by
Kodiak Grp Farmington Llc
Bought by
41 Grv St Farmington Llc
Seller's Agent
Michael Travis
BHHS Verani Wolfeboro
Buyer's Agent
Katherine Gemmecke
The Boulos Company
List Price
$675,000
Sold Price
$550,000
Premium/Discount to List
-$125,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,519,500
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2006
Sold by
Thomas Paul A and Thomas Anna
Bought by
Kodiak Grp Farmington
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$809,533 None Available
41 Grv St Farmington Llc $550,000 None Available
Kodiak Grp Farmington $210,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $6,225,000
Previous Owner -- $1,519,500
Previous Owner Kodial Grp Farmington Llc $160,000
Previous Owner Kodiak Grp Farmington Llc $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $550,000 -18.5% $151 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $675,000 -- $186 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,194 $715,700 $170,100 $545,600
2024 $10,650 $715,700 $170,100 $545,600
2023 $7,660 $298,500 $68,000 $230,500
2022 $7,218 $298,500 $68,000 $230,500
2021 $8,455 $361,800 $68,000 $293,800
2020 $8,292 $361,800 $68,000 $293,800
2019 $8,046 $361,800 $68,000 $293,800
2018 $9,755 $334,100 $35,300 $298,800
2017 $9,291 $334,100 $35,300 $298,800
2016 $8,363 $334,100 $35,300 $298,800
2015 $8,383 $334,100 $35,300 $298,800
2014 $8,139 $334,100 $35,300 $298,800
2013 $5,929 $282,320 $50,010 $232,310
Source: Public Records

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Map

Source: PrimeMLS

MLS Number: 4890367

PrimeMLS
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