NOT LISTED FOR SALE

480 Merrimack St Manchester, NH 03103

Hanover Hill Neighborhood

Estimated Value: $538,000 - $587,000

5 Beds
2 Baths
2,854 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $410,000 $144 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,517/month

13 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • High Speed Internet
  • Outdoor Storage

About This Home

As of October 2021

Fantastic opportunity! Owner occupied for 30+ years, this 2-family home has so much to offer. 1st floor unit has been fully remodeled with custom kitchen with large center island, tons of cabinetry & granite countertops. 2 bedrooms, gorgeous bathroom with custom tile throughout, large eat-in kitchen, hardwood and tile floors, laundry room. 2nd unit is a massive, 1738 sq. ft. money making townhouse style unit on the 2nd & 3rd level consisting of large kitchen, dining room, living room, 3 bedrooms, and laundry room. Unit 2 needs some cosmetic updates, but is a fantastic, enormous unit that could generate great income. Both units come with private storage rooms and covered porches. Building has had many updates including newer windows, vinyl siding, newer roof, natural gas heat. Private yard, 4+ car parking. Call for private viewing today!

Last Agent to Sell the Property

Kim Florence

Coldwell Banker Realty Bedford NH License #045533 Listed on: 08/25/2021

Coldwell Banker Realty Bedford NH

Last Buyer's Agent

Diana Kopp

BHHS Verani Windham License #068208

BHHS Verani Windham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,360

Year Built

  • Built in 1875

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,854 Sq Ft Home
  • 3-Story Property
  • Stove

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Hillside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Available
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block 10

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $7,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,360

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Corner of Merrimack and Milton.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 143.66
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2854
  • Sq Ft - Apx Total Finished: 2854
  • Year Built: 1875
  • List Agent: 14884
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Full, Unfinished
  • Sq Ft - Apx Finished AG: 2854

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Porch - Covered, Storage

Garage/Parking

  • Parking: Parking Spaces 4

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Liberty Utilities
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Electric, Forced Air, Stove - Gas
  • Electric Company: Eversource
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Water Heaters: 2
  • Trash: Municipal
  • Utilities: Cable, Gas - On-Site, Internet - Cable

Schools

  • High School: Central High School

Lot Info

  • Map: 120
  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RES
  • Deed Book: 5964
  • Deed Page: 1039
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5360
  • Tax Year: 2020

MLS Schools

  • School District: Manchester School District
  • School Middle Jr: Hillside Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 29, 2021
Sold by
Kostakis Amalia
Bought by
Amado Alexandre S and Rowlette Breanna A
Seller's Agent
Kim Florence
Coldwell Banker Realty Bedford NH
Buyer's Agent
Diana Kopp
BHHS Verani Windham
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$554,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,985
Avg. Annual Appreciation
7.86%
Original Mortgage
$402,573
Outstanding Balance
$367,905
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$187,080
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
Amado Alexandre S $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amado Alexandre S $402,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $410,000 +2.5% $144 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $399,900 -- $140 / 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 $7,343 $375,000 $87,400 $287,600
2023 $7,073 $375,000 $87,400 $287,600
2022 $6,840 $375,000 $87,400 $287,600
2021 $6,469 $365,900 $87,400 $278,500
2020 $5,435 $220,400 $60,300 $160,100
2019 $5,360 $220,400 $60,300 $160,100
2018 $2,596 $220,400 $60,300 $160,100
2017 $2,372 $220,400 $60,300 $160,100
2016 $5,100 $220,400 $60,300 $160,100
2015 $4,704 $200,700 $60,300 $140,400
2014 $4,716 $200,700 $60,300 $140,400
2013 $4,550 $200,700 $60,300 $140,400
Source: Public Records

Agents Affiliated with this Home

  • Kim Florence

    Seller's Agent in 2021

    Kim Florence

    Coldwell Banker Realty Bedford NH

    (603) 471-0777

    1 in this area

    40 Total Sales

    Kim Florence
    Section Image
  • Diana Kopp

    Buyer's Agent in 2021

    Diana Kopp

    BHHS Verani Windham

    (978) 314-2970

    1 in this area

    14 Total Sales

    Diana Kopp
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4879408

PrimeMLS

APN: MNCH-000120-000000-000010

New Hampshire Hillsborough County Manchester 03103 Hanover Hill

480 Merrimack St, Manchester, NH

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