NOT LISTED FOR SALE

Estimated Value: $810,851

-- Bed
-- Bath
5,295 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $750,000 $142 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,091/month

43 Days on Market

Highlights

  • Baseboard Heating
  • Mini Split Air Conditioners
  • 4-minute walk to Peanut Park
  • High Speed Internet
  • Walk-Up Access

About This Home

As of February 2024

LANDMARK LOCATION now available FOR SALE. Recognized as home to AUGER REALTY for nearly 40-years, this is a rare opportunity to own a mixed use, professional office and (2) residential unit building. Rental income offsets mortgage ! Immediate on and off access to highway 293 at the high traffic count intersection of Queen City Ave and Second St. Flexible first floor office space consists of multiple private offices plus welcoming reception area; kitchenette, (2) bathrooms, partially finished basement. Opportunity to create separate office suites and generate additional income. Entire first floor space is vacant and ready for immediate occupancy. Electronic WATCHFIRE 54' scrolling marquee signage is nearly new and is available for unlimited use by both on-site or off-site businesses.... GENERATE INCOME by selling ad space !!. On site, 6-lined parking spaces, PLUS ample street parking. Second and third floor units each consist of 2/3 bedrooms and are currently rented by longtime tenants. Separate utilities throughout building. Suitable for investor or owner occupied buyers!

Last Agent to Sell the Property

Jerome Duval

BHHS Verani Bedford Brokerage Phone: 603-261-5139 License #061160 Listed on: 11/03/2023

BHHS Verani Bedford

Last Buyer's Agent

Brett Rickenbach

Moe Marketing Realty Group License #071577

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1890

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement
  • Walk-Up Access

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 0020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,500

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 150.15
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5895
  • Sq Ft - Apx Total Finished: 5295
  • Year Built: 1890
  • Remarks Public: LANDMARK LOCATION now available FOR SALE. Recognized as home to AUGER REALTY for nearly 40-years, this is a rare opportunity to own a mixed use, professional office and (2) residential unit building. Rental income offsets mortgage ! Immediate on and off access to highway 293 at the high traffic count intersection of Queen City Ave and Second St. Flexible first floor office space consists of multiple private offices plus welcoming reception area; kitchenette, (2) bathrooms, partially finished basement. Opportunity to create separate office suites and generate additional income. Entire first floor space is vacant and ready for immediate occupancy. Electronic WATCHFIRE 54' scrolling marquee signage is nearly new and is available for unlimited use by both on-site or off-site businesses.... GENERATE INCOME by selling ad space !!. On site, 6-lined parking spaces, PLUS ample street parking. Second and third floor units each consist of 2/3 bedrooms and are currently rented by longtime tenants. Separate utilities throughout building. Suitable for investor or owner occupied buyers!
  • List Agent: 6248
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Partially Finished
  • Sq Ft - Apx Finished AG: 4995
  • Sq Ft - Apx Finished BG: 300
  • Sq Ft - Apx Unfinished BG: 600

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Flat, Rolled

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Separate
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Cooling: Mini Split
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Heat Units: 3
  • Utilities: Internet - Fiber Optic

Lot Info

  • Map: 0327
  • Lot: 0020
  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Mixed
  • Deed Book: 8266
  • Deed Page: 1148
  • Deed Recorded Type: Quit Claim

Multi Family

  • Total Units: 3
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7500
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Feb 20, 2024
Sold by
475 Second St Llc
Bought by
422 Merrimack St Llc
Seller's Agent
Jerome Duval
BHHS Verani Bedford
Buyer's Agent
Brett Rickenbach
Moe Marketing Realty Group
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Views
32
Current Estimated Value
$810,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,851
Avg. Annual Appreciation
3.83%
Original Mortgage
$535,000
Outstanding Balance
$526,603
Interest Rate
6.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$266,947

Purchase Details

Closed on
Aug 5, 2004
Sold by
Auger Michael G and Auger Leo J
Bought by
Auger Michael G and Auger Deborah E
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
422 Merrimack St Llc $750,000 None Available
422 Merrimack St Llc $750,000 None Available
Auger Michael G $265,000 --
Auger Michael G $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 422 Merrimack St Llc $535,000
Closed 422 Merrimack St Llc $535,000
Previous Owner 475 2Nd St Llc $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $750,000 +7.1% $142 / Sq Ft
12/16/2023 12/16/23 Pending -- -- --
12/13/2023 12/13/23 Price Changed $700,000 -17.6% $132 / Sq Ft
11/03/2023 11/03/23 For Sale $850,000 -- $161 / 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 $8,073 $412,300 $122,300 $290,000
2023 $7,776 $412,300 $122,300 $290,000
2022 $7,520 $412,300 $122,300 $290,000
2021 $7,289 $412,300 $122,300 $290,000
2020 $8,698 $352,700 $106,300 $246,400
2019 $8,578 $352,700 $106,300 $246,400
2018 $8,352 $352,700 $106,300 $246,400
2017 $8,225 $352,700 $106,300 $246,400
2016 $8,161 $352,700 $106,300 $246,400
2015 $8,570 $365,600 $106,300 $259,300
2014 $8,592 $365,600 $106,300 $259,300
2013 $8,288 $365,600 $106,300 $259,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4978804

PrimeMLS

APN: MNCH-000327-000000-000020