$323,000
SOLD JAN 13, 2020
5 Beds
3 Baths
2,749 Sq Ft
0.51 Acres

Recently Sold

$117 Per Sq Ft

1% Below List Price

62 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Porch
  • New Englander Architecture
  • 2 Car Detached Garage
  • Hot Water Heating System

About This Home

As of January 2020

Terrific Investment Property! This property is zoned high density residential and can have a business that has no traffic and/or can have multiple residential units. It's current use includes a business that uses the main 3-4 bedroom house as storage and for operations and there is a darling, sunny one bedroom apartment with a porch, bedroom, living room, eat in kitchen and full bath. The oversized lot is lush and green and also includes an attractive brick out building with a hip roof and a two car garage. And the parking!!! There are at least 10 spots all of which access different entrances as well as a large lot in the back. Currently a 2 unit building but could easily be renovated to accommodate 3 or even 4 rental units. This property has so many possibilities for owner occupied or rental investment. Great location right next to bus stop and in walking distance to multiple shops and services.

Last Agent to Sell the Property

Rachel de Thomas

Coldwell Banker LIFESTYLES - Concord Brokerage Phone: 603-748-1800 License #061648 Listed on: 08/29/2019

Coldwell Banker LIFESTYLES - Concord

Last Buyer's Agent

Laurie Norton Team

BHG Masiello Bedford License #058926

BHG Masiello Bedford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,505

Year Built

  • Built in 1829

Lot Details

  • 0.51 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Off-Site Parking

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Unfinished Basement

  • Partial Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry

Outdoor Features

  • Outbuilding
  • Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Broken Ground Elementary School
  • Rundlett Middle School
  • Concord High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot Z9

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,505

Year Built

Built in 1829

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: New Englander, W/Addition
  • Directions: GPS is accurate... Ormond Street is off of Loudon Road.
  • Flood Zone: Unknown
  • Assessment Amount: 301700
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 117.5
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4213
  • Sq Ft - Apx Total Finished: 2749
  • Year Built: 1829
  • Remarks Public: Terrific Investment Property! This property is zoned high density residential and can have a business that has no traffic and/or can have multiple residential units. It's current use includes a business that uses the main 3-4 bedroom house as storage and for operations and there is a darling, sunny one bedroom apartment with a porch, bedroom, living room, eat in kitchen and full bath. The oversized lot is lush and green and also includes an attractive brick out building with a hip roof and a two car garage. And the parking!!! There are at least 10 spots all of which access different entrances as well as a large lot in the back. Currently a 2 unit building but could easily be renovated to accommodate 3 or even 4 rental units. This property has so many possibilities for owner occupied or rental investment. Great location right next to bus stop and in walking distance to multiple shops and services.
  • List Agent: 18030
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Wood
  • Total Rooms Above Ground: 11
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Partial, Stairs - Exterior, Stairs - Interior, Unfinished, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 2749
  • Sq Ft - Apx Unfinished AG: 296
  • Sq Ft - Apx Unfinished BG: 1168

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Brick, Concrete, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Metal
  • Features Exterior: Outbuilding, Porch

Garage/Parking

  • Garage Capacity: 2
  • Parking: Off-Site, Parking Spaces 5 - 10, Paved
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: Cable, Dsl, Fiber Optic Internt Avail, Internet - Fiber Optic

Schools

  • School District: Concord School District SAU #8
  • Elementary School: Broken Ground School
  • Middle School: Rundlett Middle School
  • High School: Concord High School
  • Elementary School: Broken Ground School
  • High School: Concord High School

Lot Info

  • Map: 631
  • Lot: Z9
  • Lot Sq Ft: 22216
  • Lot Acres: 0.51
  • Lot Description: City Lot, Corner, Level, Open, Street Lights
  • Surveyed: Unknown
  • Zoning: RH
  • Deed Book: 3568
  • Deed Page: 1859-1860
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 31800
  • Total Full Baths: 3
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8504.93
  • Tax Year: 2018

MLS Schools

  • School District: Concord School District SAU #8
  • School Middle Jr: Rundlett Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Jan 8, 2020
Sold by
Reynolds Mark A and Reynolds Cheney
Bought by
Viers Jamy G and Viers Matthew J
Seller's Agent
Susan Tillery
BHG Masiello Bedford
Buyer's Agent
Laurie Norton Team
BHG Masiello Bedford
Sold Price
$2,200
Current Estimated Value
$521,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,955
Avg. Annual Appreciation
8.89%
Original Mortgage
$317,149
Outstanding Balance
$283,193
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$229,786

Purchase Details

Closed on
Aug 31, 2017
Sold by
Ives Christina S
Bought by
Reynolds Mark A and Cheney-Reynolds Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2014
Sold by
Prescott 3Rd John M
Bought by
Ives Christina S and Prescott John M

Purchase Details

Closed on
Oct 21, 2009
Sold by
Johnny Prescott & Son
Bought by
Prescott 3Rd John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.09%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $323,000 None Available
Warranty Deed $255,000 --
Warranty Deed -- --
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,685 Stand Alone Refi Refinance Of Original Loan
Open $317,149 FHA
Previous Owner $204,000 Commercial
Previous Owner $70,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2020 02/04/20 Rented $2,200 -4.3% --
01/18/2020 01/18/20 Price Changed $2,300 +4.5% $1 / Sq Ft
01/15/2020 01/15/20 For Rent $2,200 0.0% --
01/13/2020 01/13/20 Sold $323,000 +1.3% $117 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/22/2019 10/22/19 Price Changed $319,000 -1.8% $116 / Sq Ft
08/29/2019 08/29/19 For Sale $325,000 -- $118 / 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 $9,833 $355,100 $102,600 $252,500
2023 $9,538 $355,100 $102,600 $252,500
2022 $9,194 $355,100 $102,600 $252,500
2021 $8,920 $355,100 $102,600 $252,500
2020 $9,283 $346,900 $101,300 $245,600
2019 $9,048 $325,700 $75,600 $250,100
2018 $8,067 $301,700 $75,600 $226,100
2017 $8,040 $284,700 $79,900 $204,800
2016 $7,842 $283,400 $79,900 $203,500
2015 $7,390 $266,700 $79,900 $186,800
2014 $7,150 $266,700 $79,900 $186,800
2013 -- $266,700 $79,900 $186,800
2012 -- $281,600 $79,900 $201,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4773682

PrimeMLS

APN: CNCD-000116B-000005-000015