NOT LISTED FOR SALE

Estimated Value: $499,463 - $569,000

5 Beds
2 Baths
2,204 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $425,000 $193 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,434/month

5 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Shed
  • Wood Flooring
  • Screened Porch
  • 3-minute walk to Peanut Park

About This Home

As of February 2022

Investors, take note! This well-maintained two-unit offers an excellent opportunity to expand your portfolio in popular Manchester NH. The first floor 3 bedroom unit has been fully remodeled with a new half bath and a more spacious layout. The kitchen features newer (Dec 2020) black stainless appliances. The sizable secondary 2 bedroom unit also boasts an updated kitchen and a spacious floor plan. Located on a desirable corner lot with a fully fenced-in spacious backyard oasis -- complete with an outdoor shower and a floating patio -- This home is an ideal place to relax after a long day, as you read a good book or entertain guests. Ideally located near downtown Elm Street's plethora of bars and restaurants, numerous local businesses, and convenient access to 293! Notable property highlights include irrigation, first floor mini-splits, second floor Central A/C and a fully finished basement. This property has a long history of excellent tenants making this a perfect investment or an owner-occupied property. What better way to start 2022 than by investing in your future? Recently Renewed COC! Showings to start at Open House on Sat 01/15 from 11-2. Showings by appt Sun 01/16 from 10-4.

Last Agent to Sell the Property

Tatum Trudel

Realty One Group Next Level License #074649 Listed on: 01/12/2022

Realty One Group Next Level

Last Buyer's Agent

Pierre Peloquin

Pierre Peloquin Realty License #002205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,119

Year Built

  • Built in 1964

Lot Details

  • 5,489 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Screened Porch

Flooring

  • Wood
  • Laminate
  • Tile
  • Slate Flooring
  • Vinyl Plank

Finished Basement

  • Interior Basement Entry
  • Basement Storage

Parking

  • 35 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Mini Split Air Conditioners
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Exclusions: Ring doorbell, speakers for surround sound, extra (shed) refrigerator, hot tub, 1st floor washer/dryer, hanging lamps in living room, kitchen island
  • Tax Lot 0003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,119

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Second St to W Hancock. 5 Colby is corner lot.
  • Construction: Existing
  • Items Excluded: Ring doorbell, speakers for surround sound, extra (shed) refrigerator, hot tub, 1st floor washer/dryer, hanging lamps in living room, kitchen island
  • Total Stories: 2
  • Price Per Sq Ft: 192.83
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3544
  • Sq Ft - Apx Total Finished: 2972
  • Year Built: 1964
  • Remarks Public: Investors, take note! This well-maintained two-unit offers an excellent opportunity to expand your portfolio in popular Manchester NH. The first floor 3 bedroom unit has been fully remodeled with a new half bath and a more spacious layout. The kitchen features newer (Dec 2020) black stainless appliances. The sizable secondary 2 bedroom unit also boasts an updated kitchen and a spacious floor plan. Located on a desirable corner lot with a fully fenced-in spacious backyard oasis -- complete with an outdoor shower and a floating patio -- This home is an ideal place to relax after a long day, as you read a good book or entertain guests. Ideally located near downtown Elm Street's plethora of bars and restaurants, numerous local businesses, and convenient access to 293! Notable property highlights include irrigation, first floor mini-splits, second floor Central A/C and a fully finished basement. This property has a long history of excellent tenants making this a perfect investment or an owner-occupied property. What better way to start 2022 than by investing in your future? Recently Renewed COC! Showings to start at Open House on Sat 01/15 from 11-2. Showings by appt Sun 01/16 from 10-4.
  • List Agent: 283813
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Laminate, Slate/Stone, Tile, Vinyl Plank
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Finished, Partially Finished, Storage Space
  • Sq Ft - Apx Finished AG: 2204
  • Sq Ft - Apx Finished BG: 768
  • Sq Ft - Apx Unfinished BG: 572

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Fence - Full, Porch - Screened, Shed

Garage/Parking

  • Parking: Driveway, Off Street, Parking Spaces 3 - 5

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Cooling: Central AC, Mini Split
  • Separate Utilities: Varies
  • Total Electric Meters: 3
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Trash: Municipal
  • Utilities: Cable - At Site, Internet - Cable

Schools

  • School District: Manchester Sch Dst SAU #37

Lot Info

  • Map: 0324
  • Lot: 0003
  • Lot Sq Ft: 5489
  • Lot Acres: 0.126
  • Lot Description: Corner, Level
  • Surveyed: Unknown
  • Zoning: RES
  • Deed Book: 9096
  • Deed Page: 1943
  • Deed Recorded Type: Warranty

Multi Family

  • Sale Includes: Outbuilding
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5119
  • Tax Year: 2020

MLS Schools

  • School District: Manchester Sch Dst SAU #37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 11, 2022
Sold by
Claudio Jayson A
Bought by
Kyriazis Inv Prop Llc
Seller's Agent
Tatum Trudel
Realty One Group Next Level
Buyer's Agent
Pierre Peloquin
Pierre Peloquin Realty
List Price
$389,927
Sold Price
$425,000
Premium/Discount to List
$35,073
8.99%
Current Estimated Value
$535,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,616
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Aug 2, 2018
Sold by
Frechette Edward R and Frechette Louise G
Bought by
Claudio Jayson A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,942
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Kyriazis Inv Prop Llc $425,000 None Available
Claudio Jayson A $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Claudio Jayson A $219,942
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2022 02/17/22 Sold $425,000 +9.0% $193 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $389,927 -- $177 / 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 $7,008 $357,900 $88,400 $269,500
2023 $6,750 $357,900 $88,400 $269,500
2022 $6,528 $357,900 $88,400 $269,500
2021 $6,002 $339,500 $88,400 $251,100
2020 $5,119 $207,600 $60,900 $146,700
2019 $5,049 $207,600 $60,900 $146,700
2018 $4,855 $207,600 $60,900 $146,700
2017 $4,600 $207,400 $60,900 $146,500
2016 $4,799 $207,400 $60,900 $146,500
2015 $4,327 $184,600 $56,000 $128,600
2014 $4,338 $184,600 $56,000 $128,600
2013 $4,185 $184,600 $56,000 $128,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4895042

PrimeMLS

APN: MNCH-000324-000000-000003