NOT LISTED FOR SALE

48 Franklin St Somersworth, NH 03878

Estimated Value: $266,000 - $442,000

5 Beds
2 Baths
2,213 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $205,000 $93 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,418/month

6 Days on Market

About This Home

As of December 2021

Somersworth Duplex with over $24,000 in income and a very stable rental history, a long term tenant and quality upgrades. For Owner Occupants come live in the one bedroom unit and let the long-term tenant in Unit 1 pay for your home while you build equity. For the Investor looking to increase their portfolio, this low maintenance, maintained duplex is a great addition, check out the cash flow. A newer roof, gas furnace and water heater keep costs down and tenants happy. Off street parking, great location with a private yard. Don't let this gem get away!

Last Agent to Sell the Property

Mark Roy

KW Coastal and Lakes & Mountains Realty/Wolfeboro License #012252 Listed on: 10/07/2021

KW Coastal and Lakes & Mountains Realty/Wolfeboro

Last Buyer's Agent

Timothy Cheney

RE/MAX Shoreline

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,519

Year Built

  • Built in 1905

Lot Details

  • 7,710 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,213 Sq Ft Home
  • 1.75-Story Property

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Schools

  • Somersworth Middle School
  • Somersworth High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Separate Water Meter
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Block 86

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $15,018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,519

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: 48 Franklin St., Between Green street and High Street
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 92.63
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2213
  • Sq Ft - Apx Total Finished: 2213
  • Year Built: 1905
  • Remarks Public: Somersworth Duplex with over $24,000 in income and a very stable rental history, a long term tenant and quality upgrades. For Owner Occupants come live in the one bedroom unit and let the long-term tenant in Unit 1 pay for your home while you build equity. For the Investor looking to increase their portfolio, this low maintenance, maintained duplex is a great addition, check out the cash flow. A newer roof, gas furnace and water heater keep costs down and tenants happy. Off street parking, great location with a private yard. Don't let this gem get away!
  • List Agent: 22294
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Access Type: Walkout
  • Basement Description: Climate Controlled, Concrete Floor, Daylight, Partially Finished, Storage Space, Walkout, Exterior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 2213

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Metered, Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater
  • Total Electric Meters: 2
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Trash: Municipal
  • Utilities: Cable

Schools

  • School District: Somersworth
  • Middle School: Somersworth Middle School
  • High School: Somersworth High School
  • High School: Somersworth High School

Lot Info

  • Map: 09
  • Lot Sq Ft: 7710
  • Lot Acres: 0.177
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 4278
  • Deed Page: 0958
  • Deed Recorded Type: Limited Warranty Deed

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5519
  • Tax Year: 2020

MLS Schools

  • School District: Somersworth
  • School Middle Jr: Somersworth Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 29, 2021
Sold by
Breccia Llc
Bought by
Rooney Kevin
Seller's Agent
Mark Roy
KW Coastal and Lakes & Mountains Realty/Wolfeboro
Buyer's Agent
Timothy Cheney
RE/MAX Shoreline
List Price
$209,000
Sold Price
$205,000
Premium/Discount to List
-$4,000
-1.91%
Current Estimated Value
$350,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,713
Avg. Annual Appreciation
16.74%
Original Mortgage
$201,286
Outstanding Balance
$187,020
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$163,693

Purchase Details

Listed on
Jul 15, 2013
Closed on
Jan 26, 2015
Sold by
Tami C Valyo Ira and Pensco Trust Co
Bought by
Valyo Tami C
Seller's Agent
John Valyo
Central Falls Realty
Buyer's Agent
Mark Roy
KW Coastal and Lakes & Mountains Realty/Wolfeboro
List Price
$224,999
Sold Price
$87,000
Premium/Discount to List
-$137,999
-61.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Original Mortgage
$69,600
Interest Rate
3.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2012
Sold by
Kozler Brian C and Wells Fargo Delaware T
Bought by
Wells Fargo Delaware T

Purchase Details

Closed on
Sep 11, 2001
Sold by
Hudon Lawrence E and Hudon Bonney L
Bought by
Kozler Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.05%

Purchase Details

Closed on
Mar 10, 1999
Sold by
Hall Sean M
Bought by
Hudon Lawrence E and Hudon Bonney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.73%
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
Rooney Kevin $205,000 None Available
Rooney Kevin $205,000 None Available
Valyo Tami C -- --
Valyo Tami C -- --
Wells Fargo Delaware T $96,400 --
Wells Fargo Delaware T $96,400 --
Kozler Brian C $126,000 --
Kozler Brian C $126,000 --
Hudon Lawrence E $70,000 --
Hudon Lawrence E $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rooney Kevin $201,286
Closed Rooney Kevin $201,286
Previous Owner Breccia Llc $69,600
Previous Owner Hudon Lawrence E $119,700
Previous Owner Hudon Lawrence E $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $205,000 -1.9% $93 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $209,000 +140.2% $94 / Sq Ft
02/23/2015 02/23/15 Sold $87,000 -61.3% $39 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
07/15/2013 07/15/13 For Sale $224,999 +350.0% $102 / Sq Ft
04/13/2012 04/13/12 Sold $50,000 -13.0% $32 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $57,500 -- $36 / 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 $5,563 $297,500 $66,600 $230,900
2023 $5,992 $204,500 $30,000 $174,500
2022 $5,744 $204,500 $30,000 $174,500
2021 $5,355 $194,500 $30,000 $164,500
2020 $5,417 $194,500 $30,000 $164,500
2019 $5,306 $194,500 $30,000 $164,500
2018 $4,273 $127,900 $50,000 $77,900
2017 $4,236 $128,000 $50,000 $78,000
2016 $3,925 $122,200 $50,000 $72,200
2015 $3,941 $122,200 $50,000 $72,200
2014 $3,805 $122,200 $50,000 $72,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mark Roy

    KW Coastal and Lakes & Mountains Realty/Wolfeboro

    (603) 668-1505

    1 in this area

    9 Total Sales

    Mark Roy
    Section Image
  • Timothy Cheney

    Buyer's Agent in 2021

    Timothy Cheney

    RE/MAX

    (207) 200-3637

    5 in this area

    65 Total Sales

    Timothy Cheney
    Section Image

  • J

    Seller's Agent in 2015

    John Valyo

    Central Falls Realty

    (603) 512-0946

    John Valyo
    Section Image
  • Bob Kelley

    Seller's Agent in 2012

    Bob Kelley

    Wolcott Properties LLC

    (603) 765-5713

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4886175

PrimeMLS

APN: SMSW-000009-000086

New Hampshire Strafford County Somersworth 03878

48 Franklin St, Somersworth, NH

This home is located at 48 Franklin St, Somersworth, NH 03878 since 07 October 2021 and is currently estimated at $350,713, approximately $158 per square foot. This property was built in 1905. 48 Franklin St is a home located in Strafford County with nearby schools including Maple Wood Elementary School, Somersworth High School, and Tri-City Christian Academy.

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