NOT LISTED FOR SALE

Estimated Value: $1,322,000 - $1,701,000

7 Beds
4 Baths
3,627 Sq Ft
$396/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $785,000 $216 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,932/month

43 Days on Market

Highlights

  • Contemporary Architecture
  • Landscaped
  • Hot Water Heating System
  • New Franklin School Rated A

About This Home

As of August 2017

A hidden gem is the best way to describe this West End multi-family property that offers value in so many different ways. Front home is traditional New Englander with 4 bedrooms/2 baths, open concept kitchen, skylights and vinyl shake siding. Back unit is very unique: brick with soaring ceilings, dramatic arches, 3 bedrooms/2 baths & luxury sauna plus loft with a large, private backyard. Convenient commuter location in the thriving West End, New Franklin Elementary school district. Additionally some of the work has already been done to turn this property into condos including survey of the property. Long history of strong rent for both units, time to make your investment in Portsmouth or live in one side and bring in some income with renting the other side.

Last Agent to Sell the Property

Emil Uliano

Great Island Realty LLC License #067788 Listed on: 05/30/2017

Last Buyer's Agent

Jay LeClerc

Realty ONE Group NEST License #055634

Realty ONE Group NEST

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,943

Year Built

  • Built in 1937

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • New Englander Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2.5-Story Property

Partially Finished Basement

  • Interior Basement Entry
  • Basement Storage

Schools

  • New Franklin Elementary School
  • Portsmouth Middle School
  • Portsmouth High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Block 29

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,943

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Contemporary, Multi-Family, New Englander
  • Directions: Woodbury to Cottage, sign on property
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 238.96
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4310
  • Sq Ft - Apx Total Finished: 3627
  • Year Built: 1937
  • Remarks Public: A hidden gem is the best way to describe this West End multi-family property that offers value in so many different ways. Front home is traditional New Englander with 4 bedrooms/2 baths, open concept kitchen, skylights and vinyl shake siding. Back unit is very unique: brick with soaring ceilings, dramatic arches, 3 bedrooms/2 baths & luxury sauna plus loft with a large, private backyard. Convenient commuter location in the thriving West End, New Franklin Elementary school district. Additionally some of the work has already been done to turn this property into condos including survey of the property. Long history of strong rent for both units, time to make your investment in Portsmouth or live in one side and bring in some income with renting the other side.
  • List Agent: 13241
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partially Finished, Storage Space
  • Sq Ft - Apx Finished AG: 3285
  • Sq Ft - Apx Finished BG: 342
  • Sq Ft - Apx Unfinished BG: 683

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Brick, Vinyl
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Membrane, Shingle
  • Easements: Yes

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2

Schools

  • School District: Portsmouth
  • Elementary School: New Franklin School
  • Middle School: Portsmouth Middle School
  • High School: Portsmouth High School
  • Elementary School: New Franklin School
  • High School: Portsmouth High School

Lot Info

  • Map: 163
  • Lot Sq Ft: 11761
  • Lot Acres: 0.27
  • Lot Description: City Lot, Landscaped
  • Surveyed: Yes
  • Zoning: GRA
  • Deed Book: 4588
  • Deed Page: 2809
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 72000
  • Total Full Baths: 4
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8942.59
  • Tax Year: 2016

MLS Schools

  • School District: Portsmouth
  • School Middle Jr: Portsmouth Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 25, 2017
Sold by
Hegi Adam C and Haley Cheri E
Bought by
Gore Jon R
Seller's Agent
Emil Uliano
Great Island Realty LLC
Buyer's Agent
Jay LeClerc
Realty ONE Group NEST
List Price
$819,900
Sold Price
$785,000
Premium/Discount to List
-$34,900
-4.26%
Current Estimated Value
$1,436,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,406
Avg. Annual Appreciation
8.50%
Original Mortgage
$577,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2005
Sold by
Pl Theodore C and Pl Roberta J
Bought by
Hegi Adam C and Haley Cheri E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.14%
Mortgage Type
Unknown
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
Gore Jon R $785,000 --
Hegi Adam C $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gore Jon R $563,000
Closed Gore Jon R $577,500
Previous Owner Hegi Adam C $444,000
Previous Owner Hegi Adam C $91,000
Previous Owner Hegi Adam C $364,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $785,000 -4.3% $216 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $819,900 -- $226 / 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 $11,710 $1,047,400 $306,500 $740,900
2023 $12,330 $764,400 $204,400 $560,000
2022 $11,619 $764,400 $204,400 $560,000
2021 $11,489 $764,400 $204,400 $560,000
2020 $11,126 $756,900 $204,400 $552,500
2019 $11,210 $754,400 $204,400 $550,000
2018 $11,362 $717,300 $193,200 $524,100
2017 $9,050 $588,400 $169,400 $419,000
2016 $8,943 $524,800 $147,500 $377,300
2015 $8,811 $524,800 $147,500 $377,300
2014 $9,108 $503,200 $144,100 $359,100
2013 $9,012 $503,200 $144,100 $359,100
2012 $8,831 $503,200 $144,100 $359,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4637121

PrimeMLS

APN: PRSM-000163-000029