53 N Spring St Concord, NH 03301
North End NeighborhoodEstimated Value: $491,048 - $601,000
6
Beds
3
Baths
2,178
Sq Ft
$251/Sq Ft
Est. Value
About This Home
As of June 2017Who doesn't appreciate a spacious parking area PLUS a FOUR car garage? This three family building has much to offer all on its own BUT add in the fact that it has ample paved parking and its value is enhanced even more. Two of the garage units are rented out on a monthly basis. Tenants pay heat, electricity and hot water. ALL units are rented with leases in place. The first floor has THREE bedrooms, one bath and laundry; the second floor has TWO bedrooms, one bath and laundry and the third unit is a studio with its own bath. Location is a priority and this property is walking distance to many Concord landmarks, Main St., and the UNH Law Center. The bottom line...your NOI is over $28,000. annually, which would be a positive addition to any investor's portfolio. Listing agent is related to Seller.
Last Agent to Sell the Property
Debbie Kelley
BHHS Verani Londonderry Brokerage Phone: 603-370-1380 License #067772 Listed on: 02/10/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,904
Year Built
- Built in 1900
Lot Details
- 5,663 Sq Ft Lot
- Lot Sloped Up
Parking
- 4 Car Detached Garage
- Driveway
Home Design
- Converted Dwelling
- Brick Foundation
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 2-Story Property
Flooring
- Wood
- Tile
Unfinished Basement
- Walk-Out Basement
- Sump Pump
Utilities
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- 200+ Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 7 / 8
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Gas Meters
- Gross Income $37,800
- Net Operating Income $28,924
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2017
Closed on
Jun 21, 2017
Sold by
Jarbel Realty Llc
Bought by
Matheson Christopher J
Seller's Agent
Debbie Kelley
BHHS Verani Londonderry
Buyer's Agent
Victoria Mead
Realty One Group Next Level
List Price
$304,900
Sold Price
$294,000
Premium/Discount to List
-$10,900
-3.57%
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
$252,762
Avg. Annual Appreciation
8.01%
Original Mortgage
$288,674
Outstanding Balance
$242,596
Interest Rate
4.05%
Mortgage Type
FHA
Estimated Equity
$304,166
Purchase Details
Listed on
Mar 1, 2016
Closed on
Apr 22, 2016
Sold by
Klein Andrew F
Bought by
Jarbel Realty Llc
Seller's Agent
Suzanne Walsh
Century 21 Circa 72 Inc.
Buyer's Agent
Debbie Kelley
BHHS Verani Londonderry
List Price
$210,500
Sold Price
$190,500
Premium/Discount to List
-$20,000
-9.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.84%
Original Mortgage
$616,000
Interest Rate
3.68%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jul 1, 2004
Sold by
H & M Holdings Llc
Bought by
Niswander Ethel D and Niswander Donald R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,910
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 26, 2003
Sold by
Kashulines David M
Bought by
H & M Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Concord, NH
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 |
|---|---|---|---|
| Matheson Christopher J | $294,000 | -- | |
| Jarbel Realty Llc | $190,533 | -- | |
| Niswander Ethel D | $229,900 | -- | |
| H & M Holdings Llc | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Matheson Christopher J | $288,674 | |
| Previous Owner | Jarbel Realty Llc | $616,000 | |
| Previous Owner | Ryder Nikoleta | $210,099 | |
| Previous Owner | H & M Holdings Llc | $206,910 | |
| Previous Owner | H & M Holdings Llc | $102,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2017 06/16/17 | Sold | $294,000 | -3.6% | $135 / Sq Ft |
| 05/04/2017 05/04/17 | Pending | -- | -- | -- |
| 02/10/2017 02/10/17 | For Sale | $304,900 | +60.1% | $140 / Sq Ft |
| 04/22/2016 04/22/16 | Sold | $190,500 | -9.5% | $84 / Sq Ft |
| 03/07/2016 03/07/16 | Pending | -- | -- | -- |
| 03/01/2016 03/01/16 | For Sale | $210,500 | -- | $93 / 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 | $9,487 | $342,600 | $90,300 | $252,300 |
| 2023 | $9,202 | $342,600 | $90,300 | $252,300 |
| 2022 | $8,870 | $342,600 | $90,300 | $252,300 |
| 2021 | $8,606 | $342,600 | $90,300 | $252,300 |
| 2020 | $8,009 | $299,300 | $72,200 | $227,100 |
| 2019 | $7,289 | $262,400 | $66,500 | $195,900 |
| 2018 | $7,112 | $252,300 | $65,100 | $187,200 |
| 2017 | $6,701 | $237,300 | $63,100 | $174,200 |
| 2016 | $5,578 | $201,600 | $63,100 | $138,500 |
| 2015 | $5,052 | $184,800 | $58,500 | $126,300 |
| 2014 | $4,954 | $184,800 | $58,500 | $126,300 |
| 2013 | $4,824 | $188,600 | $58,500 | $130,100 |
| 2012 | $4,484 | $184,000 | $58,500 | $125,500 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2017
Debbie Kelley
BHHS Verani Londonderry
(603) 434-2377
-
Victoria Mead
Buyer's Agent in 2017
Victoria Mead
Realty One Group Next Level
(603) 724-8781
81 Total Sales
-
Suzanne Walsh
Seller's Agent in 2016
Suzanne Walsh
Century 21 Circa 72 Inc.
(603) 496-6690
1 in this area
69 Total Sales
Map
Source: PrimeMLS
MLS Number: 4617570
APN: CNCD-000043-000008-000007
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