NOT LISTED FOR SALE

Estimated Value: $452,995 - $508,000

5 Beds
3 Baths
2,320 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $270,000 $116 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,073/month

12 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 4-minute walk to Pembroke Memorial Park

About This Home

As of August 2020

Income-producing three family investment property - or live here yourself and get your mortgage paid for! Units are in quite a nice condition and rates are under market which means potential for greater income. The first floor tenants, who are moving out after 13 years, took great care of the outside space as well as their unit, and as a consequence received a good reduction in their lease amount. Landlord could easily charge $1100-1200 per month for that unit; it also comes with a parking space on the lot. The third floor tenant, who is currently month to month, has been in that unit for over 5 years and hopes to stay. The second floor tenant is currently under lease. First and second floor units have two bedrooms each as well as a full bath and kitchen/living room area. Third floor has one bedroom with kitchen/living room and pantry, new hot water heater, and approx. 2018 refrigerator. Do not miss out on this opportunity! Showings begin on Sunday, June 28th.

Last Agent to Sell the Property

Rose Culver

Granite Rose Real Estate, LLC Listed on: 06/22/2020

Last Buyer's Agent

Anderson and Purnell RE Group

Coldwell Banker Realty Bedford NH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,158

Year Built

  • Built in 1888

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,320 Sq Ft Home
  • 3-Story Property

Parking

  • 1 Car Parking Space
  • Dirt Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Block 105

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $27,600
  • Net Operating Income $21,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,158

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Flat
  • Flood Zone: Unknown
  • Assessment Amount: 218700
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 116.38
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2320
  • Sq Ft - Apx Total Finished: 2320
  • Year Built: 1888
  • Remarks Public: Income-producing three family investment property - or live here yourself and get your mortgage paid for! Units are in quite a nice condition and rates are under market which means potential for greater income. The first floor tenants, who are moving out after 13 years, took great care of the outside space as well as their unit, and as a consequence received a good reduction in their lease amount. Landlord could easily charge $1100-1200 per month for that unit; it also comes with a parking space on the lot. The third floor tenant, who is currently month to month, has been in that unit for over 5 years and hopes to stay. The second floor tenant is currently under lease. First and second floor units have two bedrooms each as well as a full bath and kitchen/living room area. Third floor has one bedroom with kitchen/living room and pantry, new hot water heater, and approx. 2018 refrigerator. Do not miss out on this opportunity! Showings begin on Sunday, June 28th.
  • List Agent: 280556
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Sq Ft - Apx Finished AG: 2320

Exterior Features

  • Construction: Masonry
  • Driveway: Dirt
  • Exterior: Brick
  • Foundation: Slab - Concrete
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Parking Spaces 1, Unpaved

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Separate
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air
  • Separate Utilities: Yes
  • Utilities: Internet - Cable

Schools

  • School District: Pembroke

Lot Info

  • Map: VW
  • Lot: 00
  • Lot Sq Ft: 2178
  • Lot Acres: 0.05
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: B-1A
  • Deed Book: 2238
  • Deed Page: 0370
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 27600
  • Net Income: 21950
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5158
  • Tax Year: 2019

MLS Schools

  • School District: Pembroke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 13, 2020
Sold by
Jewell C Douglas
Bought by
Day George and Day Michael
Seller's Agent
Rose Culver
Granite Rose Real Estate, LLC
Buyer's Agent
Anderson and Purnell RE Group
Coldwell Banker Realty Bedford NH
List Price
$269,000
Sold Price
$270,000
Premium/Discount to List
$1,000
0.37%
Current Estimated Value
$480,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,999
Avg. Annual Appreciation
9.89%
Original Mortgage
$202,500
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2001
Sold by
Couture Gilles M and Couture Patricia E
Bought by
Jewell Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,425
Interest Rate
7.7%
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
Day George $270,000 None Available
Jewell Douglas $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day George $202,500
Previous Owner Jewell Douglas $180,325
Previous Owner Jewell Douglas $176,000
Previous Owner Jewell Douglas $67,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $270,000 +0.4% $116 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $269,000 -0.4% $116 / Sq Ft
06/24/2020 06/24/20 Off Market $270,000 -- --
06/22/2020 06/22/20 For Sale $269,000 -- $116 / 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 $6,275 $319,500 $77,600 $241,900
2023 $6,097 $218,700 $51,700 $167,000
2022 $5,446 $218,700 $51,700 $167,000
2021 $5,249 $218,700 $51,700 $167,000
2020 $5,380 $218,700 $51,700 $167,000
2019 $5,157 $218,700 $51,700 $167,000
2018 $4,684 $178,500 $42,700 $135,800
2017 $5,312 $178,500 $42,700 $135,800
2015 $4,795 $165,700 $41,600 $124,100
2014 $4,921 $165,700 $41,600 $124,100
2011 $4,698 $177,700 $46,300 $131,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4812625

PrimeMLS

APN: PMBR-000000-000000-000105VW