NOT LISTED FOR SALE

43 Laurel St Newport, NH 03773

Estimated Value: $243,000 - $331,000

9 Beds
3 Baths
4,704 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $105,000 $22 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,010/month

291 Days on Market

Highlights

  • Colonial Architecture
  • Heating System Uses Steam
  • Level Lot
  • Hot Water Heating System

About This Home

As of August 2019

Sale price reflects cash package price sold with 22 West St., Newport. Owner occupant or investor opportunity knocking here. This is two separate dwellings, one single family, 43 Laurel St, which has a brand new roof, and one two family 47 Laurel St, side by side. Both buildings have separate utilities, replacement windows, upgraded electric. The single family has potential for additional 3rd floor expansion. An owner occupant has the opportunity to choose their living arrangement and pay the mortgage with the other two units. Not often that this type of listing comes along!

Last Listed By

Susan Latham

Century 21 Highview Realty License #061140 Listed on: 09/15/2018

Century 21 Highview Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Parking

  • Shared Driveway
  • Paved Parking

Schools

  • Towle Elementary School
  • Newport Middle And High School
  • Newport Middle High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94 & 95
  • 30% Total Tax Rate

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $2,673
  • Gross Income $34,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: From Maple St, take Laurel St to 43 & 47 Laurel on the right.
  • Assessment Amount: 207100
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 22.32
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7420
  • Sq Ft - Apx Total Finished: 4704
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: Sale price reflects cash package price sold with 22 West St., Newport. Owner occupant or investor opportunity knocking here. This is two separate dwellings, one single family, 43 Laurel St, which has a brand new roof, and one two family 47 Laurel St, side by side. Both buildings have separate utilities, replacement windows, upgraded electric. The single family has potential for additional 3rd floor expansion. An owner occupant has the opportunity to choose their living arrangement and pay the mortgage with the other two units. Not often that this type of listing comes along!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 4704
  • Sq Ft - Apx Unfinished AG: 864
  • Sq Ft - Apx Unfinished BG: 1852

Exterior Features

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

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Off Boiler
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Electric, Gas Heater - Vented, Hot Water, Steam
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable - At Site

Schools

  • School District: Newport Town School District
  • Elementary School: Towle Elementary School
  • Middle School: Newport Middle and High School
  • High School: Newport Middle High School
  • Elementary School: Towle Elementary School
  • High School: Newport Middle High School

Lot Info

  • Map: 114
  • Lot: 94 & 95
  • Lot Sq Ft: 14375
  • Lot Acres: 0.33
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: R2-10 General Residential
  • Deed Book: 2008
  • Deed Page: 377
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 34000
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Rate: 30.04
  • Tax Gross Amount: 6215.28
  • Tax Year: 2017

MLS Schools

  • School District: Newport Town School District
  • School Middle Jr: Newport Middle and High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
Hahn Benjamin A
Bought by
Tuman Scott and Tuman Jordan
Total Days on Market
291
Current Estimated Value
$276,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$227,176
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$49,081

Purchase Details

Closed on
Sep 14, 2020
Sold by
Hendo Properties Llc
Bought by
Hahn Benjamin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,160
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2018
Closed on
Aug 12, 2019
Sold by
Partridge Ret
Bought by
Hendo Properties Llc
Seller's Agent
Susan Latham
Century 21 Highview Realty
Buyer's Agent
Susan Latham
Century 21 Highview Realty
List Price
$149,000
Sold Price
$105,000
Premium/Discount to List
-$44,000
-29.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.39%
Original Mortgage
$106,575
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2017
Sold by
Partrige Walter E and Partridge Doris M
Bought by
Partridge Ret and Partrige

Purchase Details

Closed on
Feb 11, 2008
Sold by
Geidner James M and Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 11, 2006
Sold by
Morgan Michael P
Bought by
Geldner James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 24, 2006
Sold by
Morgan Michael P
Bought by
Geidner James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Tuman Scott $230,000 None Available
Hahn Benjamin A $115,200 None Available
Hendo Properties Llc $105,000 --
Partridge Ret -- --
Wells Fargo Bank Na $156,800 --
Geldner James M $155,000 --
Geinder James M $155,000 --
Geidner James M $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuman Scott $230,000
Previous Owner Hahn Benjamin A $92,160
Previous Owner Hendo Properties Llc $106,575
Previous Owner Geinder James M $145,000
Previous Owner Geidner James M $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $105,000 -29.5% $22 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $149,000 0.0% $32 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $149,000 +41.9% $32 / Sq Ft
03/16/2019 03/16/19 Off Market $105,000 -- --
02/21/2019 02/21/19 Price Changed $149,000 -6.9% $32 / Sq Ft
12/15/2018 12/15/18 Price Changed $160,000 -15.3% $34 / Sq Ft
09/15/2018 09/15/18 For Sale $189,000 -- $40 / 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 $5,730 $235,700 $42,900 $192,800
2023 $5,558 $235,700 $42,900 $192,800
2022 $4,926 $235,700 $42,900 $192,800
2021 $3,901 $118,200 $25,900 $92,300
2020 $3,912 $118,200 $25,900 $92,300
2019 $3,845 $118,200 $25,900 $92,300
2018 $3,593 $118,200 $25,900 $92,300
2017 $3,551 $118,200 $25,900 $92,300
2016 $3,448 $120,000 $25,000 $95,000
2015 $3,510 $120,000 $25,000 $95,000
2014 $3,797 $120,000 $25,000 $95,000
2013 $3,599 $120,000 $25,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4718809

PrimeMLS

APN: NWPT-000114-095000