NOT LISTED FOR SALE

45 Lebanon St Hanover, NH 03755

Estimated Value: $979,000 - $1,285,000

-- Bed
3 Baths
2,592 Sq Ft
$426/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $600,000 $231 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,302/month

11 Days on Market

About This Home

As of June 2017

This is your chance to own an income producing property in the lucrative Hanover residential market. Stable tenant base, opportunity for higher rents, walk to Main Street location. Great back yard, plenty of off-street parking. Right of way entrance to rear of building.

Last Agent to Sell the Property

Cheryl Herrmann

RE/MAX Group One Realtors License #081.0000180 Listed on: 04/24/2017

RE/MAX Group One Realtors

Last Buyer's Agent

Cheryl Herrmann

RE/MAX Group One Realtors License #081.0000180 Listed on: 04/24/2017

RE/MAX Group One Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,264

Year Built

  • Built in 1938

Lot Details

  • 0.48 Acre Lot
  • Lot Sloped Up

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Heating System Uses Gas
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 152

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $38,400
  • Net Operating Income $28,117

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,264

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 231.48
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3888
  • Sq Ft - Apx Total Finished: 2592
  • Year Built: 1938
  • Remarks Public: This is your chance to own an income producing property in the lucrative Hanover residential market. Stable tenant base, opportunity for higher rents, walk to Main Street location. Great back yard, plenty of off-street parking. Right of way entrance to rear of building.
  • List Agent: 18899
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2592
  • Sq Ft - Apx Unfinished BG: 1296

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Fiberglass

Garage/Parking

  • Parking: Off Street, Parking Spaces 6+

Utilities

  • Electric: On-Site
  • Sewer: Public Sewer On-Site
  • Water: Public Water - On-Site
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Electric, Gas Heater - Vented
  • Total Electric Meters: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2

Lot Info

  • Map: 23
  • Lot: 1
  • Lot Sq Ft: 20909
  • Lot Acres: 0.48
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: SR3
  • Deed Book: 2251
  • Deed Page: 83
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 38400
  • Net Income: 28117
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8264
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jun 21, 2017
Sold by
Coughlin Warren
Bought by
G3 Realty Llc
Seller's Agent
Cheryl Herrmann
RE/MAX Group One Realtors
Buyer's Agent
Cheryl Herrmann
RE/MAX Group One Realtors
List Price
$560,000
Sold Price
$600,000
Premium/Discount to List
$40,000
7.14%
Total Days on Market
11
Current Estimated Value
$1,105,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,483
Avg. Annual Appreciation
7.94%
Original Mortgage
$400,000
Outstanding Balance
$336,936
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$768,547

Purchase Details

Closed on
May 15, 1997
Sold by
Machado Kathleen C
Bought by
Coughlin Warren
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
G3 Realty Llc $600,000 --
Coughlin Warren $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coughlin Warren $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $600,000 +7.1% $231 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $560,000 -- $216 / 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 $13,508 $701,000 $447,500 $253,500
2023 $12,997 $701,000 $447,500 $253,500
2022 $12,471 $701,000 $447,500 $253,500
2021 $12,366 $701,000 $447,500 $253,500
2020 $10,210 $505,200 $312,800 $192,400
2019 $10,069 $505,200 $312,800 $192,400
2018 $9,715 $505,200 $312,800 $192,400
2017 $8,420 $388,200 $148,000 $240,200
2016 $8,265 $388,200 $148,000 $240,200
2015 $8,106 $388,200 $148,000 $240,200
2014 $7,776 $388,200 $148,000 $240,200
2013 $7,496 $388,200 $148,000 $240,200
2012 $7,450 $402,900 $155,400 $247,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4629037

PrimeMLS

APN: HNOV-000023-000152-000001