NOT LISTED FOR SALE

42 Pleasant St Somersworth, NH 03878

Estimated Value: $350,793 - $477,000

4 Beds
3 Baths
2,430 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $290,100 $119 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,007/month

7 Days on Market

Highlights

  • Hot Water Heating System
  • Level Lot
  • 4-minute walk to Noble Pines Park
  • High Speed Internet

About This Home

As of June 2021

Wonderful, opportunity to own this well-maintained 3 family home with a positive cash flow in the heart of Somersworth. An opportune time for investors or you can own & live rent-free in one of the units - lease the other two units. Much of the work has been done, 3 year old roof, vinyl siding, the 2-bedroom unit has been totally renovated, the 1-bedroom units have all been updated. Private tenant entrance to all units, huge off-street parking area to accommodate tenants, an attached coin-operated laundry area for tenant convenience which also provides extra income. Large 2-story barn w/new garage door perfect for a spacious workshop and storage. A nice size yard for grilling, gardening and relaxing. Location is excellent with easy access to Portsmouth, Dover, major roads/highways, shopping, restaurants parks, walking trails, and more! Showings Begin @ Open House Sunday, May 23rd 12:00 - 3:00 pm by Appointment Only

Last Agent to Sell the Property

Alice Kubacki

KW Coastal and Lakes & Mountains Realty License #060212 Listed on: 05/20/2021

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Brett Mulvey

Tate & Foss Sotheby's International Rlty License #068171

Tate & Foss Sotheby's International Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,250

Year Built

  • Built in 1895

Lot Details

  • 7,928 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Schools

  • Idlehurst Elementary School
  • Somersworth Middle School
  • Somersworth High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block 81

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $18,479
  • Gross Income $39,191
  • Net Operating Income $20,711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,250

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, Multi-Level
  • Directions: High Street to Pleasant. House is on the right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 119.38
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3668
  • Sq Ft - Apx Total Finished: 2430
  • Property Type: Multi-Family
  • Year Built: 1895
  • Remarks Public: Wonderful, opportunity to own this well-maintained 3 family home with a positive cash flow in the heart of Somersworth. An opportune time for investors or you can own & live rent-free in one of the units - lease the other two units. Much of the work has been done, 3 year old roof, vinyl siding, the 2-bedroom unit has been totally renovated, the 1-bedroom units have all been updated. Private tenant entrance to all units, huge off-street parking area to accommodate tenants, an attached coin-operated laundry area for tenant convenience which also provides extra income. Large 2-story barn w/new garage door perfect for a spacious workshop and storage. A nice size yard for grilling, gardening and relaxing. Location is excellent with easy access to Portsmouth, Dover, major roads/highways, shopping, restaurants parks, walking trails, and more! Showings Begin @ Open House Sunday, May 23rd 12:00 - 3:00 pm by Appointment Only
  • L A1 M M S I Memberkey: 22252
  • List Agent: 16603
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 71406
  • S A1 M M S I Memberkey: 612152
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 71304
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Crawl Space, Partial, Exterior Access
  • Sq Ft - Apx Finished AG: 2430
  • Sq Ft - Apx Unfinished BG: 1238

Exterior Features

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

Garage/Parking

  • Parking: Driveway, Off Street, On-Site, Parking Spaces 6+, Paved

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Total Electric Meters: 4
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Trash: Municipal
  • Utilities: Cable - At Site, High Speed Intrnt -Atsite

Schools

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

Lot Info

  • Map: 10
  • Lot Sq Ft: 7928
  • Lot Acres: 0.182
  • Lot Description: Level, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 4813
  • Deed Page: 414
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 39191
  • Net Income: 20711
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6250
  • Tax Year: 2020

MLS Schools

  • School District: Somersworth
  • School Middle Jr: Somersworth Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 30, 2021
Sold by
Nduaguibe Ft 2011 and Nduaguibe
Bought by
Ford Sampson H
Seller's Agent
Alice Kubacki
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Brett Mulvey
Tate & Foss Sotheby's International Rlty
List Price
$279,900
Sold Price
$290,100
Premium/Discount to List
$10,200
3.64%
Current Estimated Value
$426,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,598
Avg. Annual Appreciation
9.83%
Original Mortgage
$284,845
Outstanding Balance
$260,683
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$160,272

Purchase Details

Closed on
Jul 21, 2009
Sold by
Mcatavey Gerald R
Bought by
Nduaguibe Henry U and Nduaguibe Tamari N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,800
Interest Rate
5.31%
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
Ford Sampson H $290,133 None Available
Ford Sampson H $290,133 None Available
Nduaguibe Henry U $154,000 --
Nduaguibe Henry U $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Sampson H $284,845
Closed Ford Sampson H $284,845
Previous Owner Nduaguibe Henry U $107,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $290,100 +3.6% $119 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $279,900 -- $115 / 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 $7,557 $404,100 $70,300 $333,800
2023 $7,032 $240,000 $31,600 $208,400
2022 $6,742 $240,000 $31,600 $208,400
2021 $6,607 $240,000 $31,600 $208,400
2020 $6,522 $234,200 $31,600 $202,600
2019 $6,122 $224,400 $31,600 $192,800
2018 $5,085 $152,200 $52,700 $99,500
2017 $5,036 $152,200 $52,700 $99,500
2016 $5,004 $155,800 $52,700 $103,100
2015 $5,025 $155,800 $52,700 $103,100
2014 $4,852 $155,800 $52,700 $103,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4861909

PrimeMLS

APN: SMSW-000010-000081