Seller's Agent in 2023
Ross Doody
Century 21 Highview Realty
(603) 477-6131
12 in this area
191 Total Sales
53-55 Elm St Claremont, NH 03743
North End NeighborhoodEstimated Value: $216,000 - $304,000
--
Bed
3
Baths
4,368
Sq Ft
$57/Sq Ft
Est. Value
Highlights
- Hot Water Heating System
- Level Lot
- 3-minute walk to Barnes Park
- Asbestos
About This Home
As of December 2023INVESTORS and OWNER OCCUPANTS take notice! Live in one unit and pay your mortgage with the other two incomes or enjoy the current cap rate of 9% +/- with potential for much more! This property is conveniently located and has three large units with long term tenants! All utilities are separate for all of the tenants, virtually no lawn to keep up with, making your overhead cost and operating expenses minimal! The sewer line connecting to the public line was just replaced within the last year! Porch roof replaced and both chimney flashings repaired within the last month. With three spacious units below market rent, ample parking and low operating costs for you as a landlord, this one is a no brainer! NEXT SHOWING TBD
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,840
Year Built
- Built in 1900
Lot Details
- 7,841 Sq Ft Lot
- Level Lot
Parking
- Paved Parking
Home Design
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Asbestos
Interior Spaces
- 2-Story Property
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Schools
- Disnard Elementary School
- Claremont Middle School
- Stevens High School
Utilities
- Hot Water Heating System
- Heating System Uses Oil
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 243
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $15,704
- Gross Income $37,080
- Net Operating Income $21,376
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2023
Closed on
Dec 29, 2023
Sold by
53-55 Elm St Llc
Bought by
Torsey Amelia R and Torsey Kenneth S
Seller's Agent
Ross Doody
Century 21 Highview Realty
Buyer's Agent
Ross Doody
Century 21 Highview Realty
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
238
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,279
Avg. Annual Appreciation
13.01%
Original Mortgage
$146,250
Outstanding Balance
$144,287
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$94,022
Purchase Details
Closed on
Aug 26, 2005
Sold by
Tung Shing
Bought by
Braginetz Thomas J and Braginetz Elizabeth J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torsey Amelia R | $195,000 | None Available | |
| Braginetz Thomas J | $124,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Torsey Amelia R | $146,250 | |
| Previous Owner | 53-55 Elm Street Llc | $78,985 | |
| Previous Owner | Braginetz Thomas J | $93,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $195,000 | -2.5% | $45 / Sq Ft |
| 11/23/2023 11/23/23 | Pending | -- | -- | -- |
| 10/31/2023 10/31/23 | For Sale | $199,900 | 0.0% | $46 / Sq Ft |
| 10/31/2023 10/31/23 | Price Changed | $199,900 | -13.0% | $46 / Sq Ft |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- |
| 08/22/2023 08/22/23 | Price Changed | $229,900 | -8.0% | $53 / Sq Ft |
| 07/13/2023 07/13/23 | Price Changed | $249,900 | 0.0% | $57 / Sq Ft |
| 07/13/2023 07/13/23 | For Sale | $249,900 | +28.2% | $57 / Sq Ft |
| 05/03/2023 05/03/23 | Off Market | $195,000 | -- | -- |
| 05/02/2023 05/02/23 | Price Changed | $229,900 | -8.0% | $53 / Sq Ft |
| 04/15/2023 04/15/23 | For Sale | $249,900 | -- | $57 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $6,142 | $209,900 | $33,300 | $176,600 |
| 2023 | $5,835 | $209,900 | $33,300 | $176,600 |
| 2022 | $4,864 | $116,700 | $15,300 | $101,400 |
| 2021 | $4,782 | $116,700 | $15,300 | $101,400 |
| 2020 | $4,752 | $116,700 | $15,300 | $101,400 |
| 2019 | $4,739 | $117,700 | $15,300 | $102,400 |
| 2018 | $2,599 | $119,900 | $15,300 | $104,600 |
| 2017 | $2,597 | $119,900 | $15,300 | $104,600 |
| 2016 | $5,110 | $119,900 | $15,300 | $104,600 |
| 2015 | $4,972 | $119,900 | $15,300 | $104,600 |
| 2014 | $4,955 | $119,900 | $15,300 | $104,600 |
| 2013 | $4,966 | $137,000 | $16,300 | $120,700 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: PrimeMLS
MLS Number: 4948878
APN: 107/ / 243/ /
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