NOT LISTED FOR SALE

436 Central St Franklin, NH 03235

Estimated Value: $309,005

-- Bed
3 Baths
3,063 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $220,000 $72 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,055/month

131 Days on Market

About This Home

As of June 2021

Mixed use 3 Unit Building! Consisting of 1 commercial storefront and 2 residential units on the upper levels. Great traffic with high traffic visibility. Become part of a resurgence that is not only changing the city but will potentially impact the entire state of NH. Currently in the Franklin Falls area we are seeing large building renovation projects that are reviving the beauty of the historic buildings! The current improvements visually display all the changes to come. There is consistent movement forward towards the development of Mill City Park, a community whitewater and outdoor park that capitalizes on nature’s gift of the rivers. The impact of Mill City park is multifaceted: providing outdoor recreation, community growth, and economic expansion with projections of over $6.8 Million in visitor spending in the Lakes Region! These along with new businesses, including a micro-brewery, and complimentary efforts throughout the city are putting Franklin back on the map! Franklin is a designated opportunity zone offering preferable tax benefits for certain new investments!

Last Listed By

Justine Foden

Central Gold Key Realty License #072889 Listed on: 01/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,330

Year Built

  • Built in 1920

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3,063 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Schools

  • Paul A. Smith Elementary School
  • Franklin Middle School
  • Franklin High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Block 159

Community Details

Overview

  • 3 Units

Recreation

  • Hiking Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,330

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 71.83
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3063
  • Sq Ft - Apx Total Finished: 3063
  • Property Type: Multi-Family
  • Year Built: 1920
  • Remarks Public: Mixed use 3 Unit Building! Consisting of 1 commercial storefront and 2 residential units on the upper levels. Great traffic with high traffic visibility. Become part of a resurgence that is not only changing the city but will potentially impact the entire state of NH. Currently in the Franklin Falls area we are seeing large building renovation projects that are reviving the beauty of the historic buildings! The current improvements visually display all the changes to come. There is consistent movement forward towards the development of Mill City Park, a community whitewater and outdoor park that capitalizes on nature’s gift of the rivers. The impact of Mill City park is multifaceted: providing outdoor recreation, community growth, and economic expansion with projections of over $6.8 Million in visitor spending in the Lakes Region! These along with new businesses, including a micro-brewery, and complimentary efforts throughout the city are putting Franklin back on the map! Franklin is a designated opportunity zone offering preferable tax benefits for certain new investments!
  • L A1 M M S I Memberkey: 617587
  • L A2 M M S I Memberkey: 614778
  • List Agent: 280972
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 72758
  • L O2 Homesnapcom: Yes
  • L O2 M M S I Officekey: 72758
  • S A1 M M S I Memberkey: 614778
  • S A2 M M S I Memberkey: 617587
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 72758
  • S O2 Homesnapcom: Yes
  • S O2 M M S I Officekey: 72758
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3063

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Oil
  • Heating: Gas Heater
  • Utilities: Cable

Schools

  • School District: Franklin School District
  • Elementary School: Paul A. Smith School
  • Middle School: Franklin Middle School
  • High School: Franklin High School
  • Elementary School: Paul A. Smith School
  • High School: Franklin High School

Lot Info

  • Map: 117
  • Lot: 000
  • Lot Sq Ft: 1307
  • Lot Acres: 0.03
  • Lot Description: City Lot, Sidewalks, Street Lights, Walking Trails
  • Surveyed: Unknown
  • Zoning: B2
  • Deed Book: 3682
  • Deed Page: 2863
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 3
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4330
  • Tax Year: 2020

MLS Schools

  • School District: Franklin School District
  • School Middle Jr: Franklin Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Paulmatt Real Estate L
Bought by
Ifa Realty Hldgs Frank
Total Days on Market
131
Current Estimated Value
$309,005

Purchase Details

Closed on
Dec 7, 2006
Sold by
Smith Martin C
Bought by
Paulmatt Real Est Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,800
Interest Rate
6.4%
Mortgage Type
Commercial

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
Ifa Realty Hldgs Frank $200,000 --
Paulmatt Real Est Llc $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paulmatt Real Est Llc $93,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $220,000 0.0% $72 / Sq Ft
05/21/2021 05/21/21 Off Market $220,000 -- --
05/21/2021 05/21/21 Pending -- -- --
05/20/2021 05/20/21 Off Market $220,000 -- --
05/20/2021 05/20/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $225,000 0.0% $73 / Sq Ft
03/19/2021 03/19/21 Price Changed $225,000 +2.3% $73 / Sq Ft
03/09/2021 03/09/21 Off Market $220,000 -- --
01/10/2021 01/10/21 For Sale $215,000 -- $70 / 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 $4,006 $233,600 $51,000 $182,600
2023 $3,798 $233,600 $51,000 $182,600
2022 $4,624 $189,600 $34,800 $154,800
2021 $4,401 $189,600 $34,800 $154,800
2020 $4,330 $189,600 $34,800 $154,800
2019 $4,157 $185,000 $34,800 $150,200
2018 $2,771 $185,000 $34,800 $150,200
2017 $2,750 $107,600 $38,800 $68,800
2016 $2,707 $107,300 $38,600 $68,700
2015 $1,869 $74,900 $27,020 $47,880
2011 $1,911 $88,800 $38,600 $50,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4843675

PrimeMLS

APN: FRKN-000117-000159