NOT LISTED FOR SALE

Estimated Value: $894,000 - $1,005,337

4 Beds
3 Baths
2,152 Sq Ft
$442/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $675,000 $314 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,837/month

19 Days on Market

Highlights

  • Deck
  • Softwood Flooring
  • Baseboard Heating
  • Little Harbour School Rated A
  • New Englander Architecture
  • 3-minute walk to Rye Harbor State Park

About This Home

As of September 2021

Fantastic 2-unit multifamily investment opportunity nestled between the West End & South End and close to Portsmouth's Market Square! Also within the Little Harbour School District! Unit 1 occupies the 1st & 2nd floors. Stepping into the foyer from the front door you will be struck by the gorgeous natural light as well as the hardwood floors! The living room is immediately to your left, and open to the dining room w/ its gorgeous decorative mantel. The eat-in kitchen is next w/ a breakfast bar, stainless steel appliances & quartz counter tops. There is a laundry room & separate powder room off of the kitchen as well! The kitchen also has glass doors leading out to the deck. Up on the 2nd floor is the large full bath, 3 bedrooms plus a separate office space. The 2nd unit is accessed via the back deck staircase (there is currently a locked staircase that also connects the two units on the interior). Up here there is a newly remodeled kitchen w/ granite counter tops & stainless steel appliances, living room, bedroom & a full bath. Many improvements have been made since 2016 including new kitchens in 2020, an insulation & weatherization project, & the separation of heat and electric! There is off-street parking for 4 vehicles around back. This lot is large enough to present opportunity for additional improvements or building! Month to month leases in place through 8/31.

Last Agent to Sell the Property

Erin Proulx

KW Coastal and Lakes & Mountains Realty/Portsmouth License #065185 Listed on: 07/09/2021

KW Coastal and Lakes & Mountains Realty/Portsmouth

Last Buyer's Agent

Joey Giordano

Compass New England, LLC License #073216

Compass New England, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,869

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Basement
  • Interior Basement Entry

Flooring

  • Softwood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Deck

Schools

  • Little Harbor Elementary School
  • Portsmouth Middle School
  • Portsmouth High School

Utilities

  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 514 / 19
  • Assessor Parcel Number 135

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Gross Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,869

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: Unknown
  • Architectural Style: Multi-Family, New Englander
  • ResoLotFeatures: Level
  • Road Frontage Type: Public
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2152.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2152
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 860
  • SqFt_Apx_Total: 3012
  • Basement_Access_Type: Interior
  • Separate_Utilities: Varies
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater–Natural Gas
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Softwood, Vinyl
  • Basement: Bulkhead, Concrete, Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Dirt, Gravel
  • Exterior Features: Deck
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Asbestos Exterior, Shingle Siding
  • Foundation Details: Brick/Mortar, Concrete, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Electric, Hot Water, Radiator
  • Cooling: None
  • Utilities: Cable
  • Water Source: Public

Schools

  • Elementary School: Little Harbor School
  • High School: Portsmouth High School
  • Middle Or Junior School: Portsmouth Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: MRO
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Gross Income: 46200.0
  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8869.0
  • Tax Block: 19
  • Tax Lot: 514
  • Tax Map Number: 135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 16, 2021
Sold by
Devine Laura D and Devine Quincy P
Bought by
Henderson Aaron H
Seller's Agent
Erin Proulx
KW Coastal and Lakes & Mountains Realty/Portsmouth
Buyer's Agent
Joey Giordano
Compass New England, LLC
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Current Estimated Value
$951,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,334
Avg. Annual Appreciation
8.47%
Original Mortgage
$506,250
Outstanding Balance
$459,962
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$491,372

Purchase Details

Listed on
Mar 5, 2016
Closed on
Jun 14, 2016
Sold by
Spear Eric A and Spear Jean M
Bought by
Devine Laura D and Devine Quincy P
Seller's Agent
Abigail Hackett
The Aland Realty Group
Buyer's Agent
Erin Proulx
KW Coastal and Lakes & Mountains Realty/Portsmouth
List Price
$515,000
Sold Price
$499,000
Premium/Discount to List
-$16,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$489,961
Interest Rate
3.66%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 2, 2014
Closed on
Oct 27, 2014
Sold by
Jacques Jocelyn and Jacques Stephen
Bought by
Spear Eric A and Spear Jean M
Seller's Agent
Bette Edgar
Coldwell Banker Realty Portsmouth NH
Buyer's Agent
Abigail Hackett
The Aland Realty Group
List Price
$474,500
Sold Price
$470,500
Premium/Discount to List
-$4,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
Sep 5, 2007
Sold by
Preller Ferdinand T and Preller Ana Maria
Bought by
Huffman Jocelyn J

Purchase Details

Closed on
Jul 29, 2003
Sold by
Beach Bryant S
Bought by
Ferro Ana Maria

Purchase Details

Closed on
May 4, 2000
Sold by
Singh Surgit
Bought by
Beach Bryant S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Henderson Aaron H $675,000 None Available
Henderson Aaron H $675,000 None Available
Devine Laura D $499,000 --
Devine Laura D $499,000 --
Spear Eric A $470,500 --
Spear Eric A $470,500 --
Huffman Jocelyn J $430,000 --
Huffman Jocelyn J $430,000 --
Ferro Ana Maria $389,100 --
Ferro Ana Maria $389,100 --
Beach Bryant S $195,000 --
Beach Bryant S $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Aaron H $506,250
Closed Henderson Aaron H $506,250
Previous Owner Devine Laura D $489,961
Previous Owner Beach Bryant S $429,937
Previous Owner Beach Bryant S $429,937
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2021 09/16/21 Sold $675,000 0.0% $314 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/27/2021 07/27/21 Price Changed $675,000 -3.6% $314 / Sq Ft
07/09/2021 07/09/21 For Sale $699,900 +40.3% $325 / Sq Ft
06/10/2016 06/10/16 Sold $499,000 -3.1% $234 / Sq Ft View Prior Sale
04/23/2016 04/23/16 Pending -- -- --
03/05/2016 03/05/16 For Sale $515,000 +9.5% $242 / Sq Ft
10/24/2014 10/24/14 Sold $470,500 -0.8% $221 / Sq Ft View Prior Sale
08/18/2014 08/18/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $474,500 -- $223 / 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 $9,931 $888,300 $527,200 $361,100
2023 $9,196 $570,100 $313,800 $256,300
2022 $8,666 $570,100 $313,800 $256,300
2021 $8,569 $570,100 $313,800 $256,300
2020 $8,869 $603,300 $313,800 $289,500
2019 $8,452 $568,800 $313,800 $255,000
2018 $8,009 $513,100 $285,300 $227,800
2017 $7,752 $513,100 $285,300 $227,800
2016 $7,612 $446,700 $217,400 $229,300
2015 $7,500 $446,700 $217,400 $229,300
2014 $7,021 $387,900 $212,700 $175,200
2013 $6,947 $387,900 $212,700 $175,200
2012 $6,808 $387,900 $212,700 $175,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4871470

PrimeMLS

APN: PRSM-000135-000019