Estimated Value: $570,000 - $735,138
7
Beds
3
Baths
2,539
Sq Ft
$260/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Forced Air Heating System
- High Speed Internet
- Covered patio or porch
- Baseboard Heating
- Level Lot
About This Home
As of April 2020ATTENTION INVESTORS, GREAT CASH FLOW! This fantastic 3 UNIT building generates over $41,000 of gross income, excellent rental history. Ideally located just two blocks from downtown, easy sidewalk access to shops, restaurants, and Dover’s waterfront area. SUBSTANTIAL RENOVATION completed in 2012, consisting of a new roof, new kitchens & baths, new wood flooring, new furnace, new vinyl double pane windows, updated electrical and plumbing and many other improvements. SEPARATE UTILITIES, Landlord only pays for snow removal, mowing and water/sewer. The first floor offers two, 2 bedroom units (Both occupied, month to month tenants), the second floor has a 3 bedroom unit with a large eat-in kitchen, a spacious living room and private covered porch. (Currently vacant, would make a great “owner occupied” unit.) Plenty of parking for 6 plus vehicles. TRULY A TURNKEY BUILDING.
Last Listed By
KW Coastal and Lakes & Mountains Realty Brokerage Phone: 800-450-7784 License #057943 Listed on: 02/27/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,305
Year Built
- Built in 1860
Lot Details
- 9,583 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 3 Full Bathrooms
- 2-Story Property
- Walk-Up Access
Flooring
- Wood
- Carpet
- Vinyl
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Off-Street Parking
Outdoor Features
- Covered patio or porch
Schools
- Woodman Park Elementary School
- Dover Middle School
- Dover High School
Utilities
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Natural Gas
- Separate Meters
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Exclusions: Tenant in Unit A has a portable dishwasher, not included. Window treatments are tenants.
- Tax Block 11
Community Details
Overview
- 3 Units
Building Details
- 1 Separate Gas Meter
- Gross Income $41,100
- Net Operating Income $30,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2020
Closed on
Apr 23, 2020
Sold by
Maml Enterprises Llc
Bought by
Stronk Justin and Stutz Alicia
Seller's Agent
Jeff Levine
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Brandon Gove
Coldwell Banker Realty Portsmouth NH
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,035
Avg. Annual Appreciation
7.83%
Original Mortgage
$337,500
Outstanding Balance
$302,323
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$358,712
Purchase Details
Closed on
Jun 27, 2011
Sold by
Casey Ft
Bought by
Maml Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Dover, NH
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stronk Justin | $450,000 | None Available | |
| Maml Enterprises Llc | $155,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stronk Justin | $337,500 | |
| Previous Owner | Maml Enterprises Llc | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2020 04/23/20 | Sold | $450,000 | +3.4% | $177 / Sq Ft |
| 03/14/2020 03/14/20 | Pending | -- | -- | -- |
| 02/27/2020 02/27/20 | For Sale | $435,000 | -- | $171 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $10,259 | $564,600 | $161,400 | $403,200 |
| 2023 | $8,946 | $478,400 | $137,200 | $341,200 |
| 2022 | $8,720 | $439,500 | $129,100 | $310,400 |
| 2021 | $8,311 | $383,000 | $112,900 | $270,100 |
| 2020 | $7,860 | $316,300 | $108,900 | $207,400 |
| 2019 | $7,305 | $290,000 | $96,800 | $193,200 |
| 2018 | $7,092 | $284,600 | $96,800 | $187,800 |
| 2017 | $6,351 | $245,500 | $72,600 | $172,900 |
| 2016 | $6,036 | $229,600 | $76,100 | $153,500 |
| 2015 | $5,551 | $208,600 | $67,600 | $141,000 |
| 2014 | $5,426 | $208,600 | $67,600 | $141,000 |
| 2011 | $4,424 | $176,100 | $65,700 | $110,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Levine
Seller's Agent in 2020
Jeff Levine
KW Coastal and Lakes & Mountains Realty
(603) 969-4490
13 in this area
153 Total Sales
-
Brandon Gove
B
Buyer's Agent in 2020
Brandon Gove
Coldwell Banker Realty Portsmouth NH
(603) 978-4486
8 in this area
41 Total Sales
Map
Source: PrimeMLS
MLS Number: 4795536
APN: DOVR-009011
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