NOT LISTED FOR SALE

427 Lafayette Rd Hampton, NH 03842

Estimated Value: $582,000 - $797,000

4 Beds
3 Baths
2,100 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $250,000 $119 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $4,610/month

14 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Baseboard Heating
  • Adeline C. Marston Elementary School Rated A-
  • Zoned Heating and Cooling
  • High Speed Internet

About This Home

As of October 2013

FIRST TIME FOR SALE IN 100 YRS! 3 unit property on corner lot in downtown Hampton with consistent rental history. Continue as rentals, or convert for business or owner occupied mixed use in this great Route 1 location. Lot has room for expansion, and is located steps from the town municipal parking lot. All units in excellent condition and include appliances. If you are looking for a solid investment opportunity in an outstanding location, this property is a must-see! Priced $50K below town assessment.

Last Listed By

Dana Mitchell

Tate & Foss Sotheby's International Rlty License #058478 Listed on: 09/16/2013

Tate & Foss Sotheby's International Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,150

Year Built

  • Built in 1860

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,100 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Sump Pump

Schools

  • Adeline C. Marston Elementary School
  • Hampton Academy Junior High School
  • Winnacunnet High School

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Shared Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: items in garages - to be removed prior to closing; tenants belongings/furnishings
  • Rent includes heat, hot water, parking, sewer, snow removal, trash, water

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Gas Meter
  • Gross Income $34,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,150

Year Built

Built in 1860

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: Located on Route 1 (aka Lafayette Rd) in downtown Hampton, on the east side of the road, just south of the intersection of Route 1 (Lafayette Rd) and Route 27 (High St/Exeter Road).
  • Assessment Amount: 346100
  • Assessment Year: 2012
  • Construction: Existing
  • Items Excluded: items in garages - to be removed prior to closing; tenants belongings/furnishings
  • Total Stories: 2
  • Price Per Sq Ft: 119.05
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 2100
  • Year Built: 1860
  • Remarks Public: FIRST TIME FOR SALE IN 100 YRS! 3 unit property on corner lot in downtown Hampton with consistent rental history. Continue as rentals, or convert for business or owner occupied mixed use in this great Route 1 location. Lot has room for expansion, and is located steps from the town municipal parking lot. All units in excellent condition and include appliances. If you are looking for a solid investment opportunity in an outstanding location, this property is a must-see! Priced $50K below town assessment.
  • List Agent: 10538
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment: Smoke Detectr-Hard Wired
  • Basement: Yes
  • Basement Description: Full, Stairs - Interior, Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 2100

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Shingle
  • Foundation: Concrete, Granite, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Off Street, On-Site, Parking Spaces 6+
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Shared, Tank
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Baseboard, Hot Water, Multi Zone
  • Cooling: Multi Zone
  • Electric Company: Unitil
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Utilities: Internet - Cable

Condo/Co-op/Association

  • Management Company: owner

Schools

  • Elementary School: Adeline C. Marston School
  • Middle School: Hampton Academy Junior HS
  • High School: Winnacunnet High School
  • Elementary School: Adeline C. Marston School
  • High School: Winnacunnet High School

Lot Info

  • Lot Sq Ft: 6970
  • Lot Acres: 0.16
  • Lot Description: Corner, Level
  • Zoning: BUS
  • Deed Book: 4152
  • Deed Page: 0967
  • Deed Recorded Type: Quit Claim

Rental Info

  • Rent Includes: Heat, Hot Water, Parking, Sewer, Snow Removal, Trash, Water

Multi Family

  • Gross Income: 34080
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6150
  • Tax Year: 2012

MLS Schools

  • School Middle Jr: Hampton Academy Junior HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2019
Sold by
Moore Ronald
Bought by
427 Lafayete Road Dev
Total Days on Market
14
Current Estimated Value
$714,333

Purchase Details

Listed on
Sep 16, 2013
Closed on
Oct 28, 2013
Sold by
E N Brown Inc
Bought by
Moore Ronald
Seller's Agent
Dana Mitchell
Tate & Foss Sotheby's International Rlty
Buyer's Agent
Patti Visconte
SVN The Masiello Group- Portsmouth
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%

Range of Values:

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Average Value
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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
427 Lafayete Road Dev -- --
427 Lafayete Road Dev -- --
Moore Ronald $255,000 --
Moore Ronald $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 427 Lafayette Rd Dev Llc $910,000
Closed 427 Lafayette Rd Dev Llc $100,000
Previous Owner Parish Gregory E $175,500
Closed Parish Gregory E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $250,000 -16.4% $119 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $299,000 -- $142 / 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 $7,340 $595,800 $310,700 $285,100
2023 $7,291 $435,300 $290,000 $145,300
2022 $6,895 $435,300 $290,000 $145,300
2021 $6,895 $435,300 $290,000 $145,300
2020 $6,939 $435,600 $290,000 $145,600
2019 $6,974 $435,600 $290,000 $145,600
2018 $6,886 $404,600 $263,600 $141,000
2017 $6,623 $404,600 $263,600 $141,000
2016 $6,506 $404,600 $263,600 $141,000
Source: Public Records

Agents Affiliated with this Home

  • Dana Mitchell

    Seller's Agent in 2013

    Dana Mitchell

    Tate & Foss Sotheby's International Rlty

    (603) 682-2333

    5 in this area

    21 Total Sales

    Dana Mitchell
    Section Image
  • Patti Visconte

    Buyer's Agent in 2013

    Patti Visconte

    SVN The Masiello Group- Portsmouth

    2 Total Sales

    Patti Visconte
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4316141

PrimeMLS

APN: HMPT M:160 B:20

New Hampshire Rockingham County Hampton 03842

427 Lafayette Rd, Hampton, NH

Homes for Sale in Hampton, NH

This home is located at 427 Lafayette Rd, Hampton, NH 03842 since 16 September 2013 and is currently estimated at $714,333, approximately $340 per square foot. This property was built in 1860. 427 Lafayette Rd is a home located in Rockingham County with nearby schools including Hampton Centre School, Adeline C. Marston Elementary School, and Hampton Academy.

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