NOT LISTED FOR SALE

Estimated Value: $499,079 - $656,000

8 Beds
2 Baths
3,160 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $349,900 $111 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,836/month

12 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Balcony
  • Wood Flooring
  • Hiking Trails
  • 2-minute walk to Piscataquog Trail

About This Home

As of January 2021

Incredible opportunity to own this RARE 2 family property in one of Manchester's most desireable and quiet neighborhoods! These units are HUGE: One with over 1750SF (Including Loft), another with over 1400SF and both have 4 BEDROOMS and a modern smooth flowing living space! Owner occupied and meticulously maintained as this gorgeous property has been improved and upgraded over the last 14+ years! This is easily the cleanest two family you will find and in a great area that demands high rental income. Make this a part of your growing portfolio or owner occupy with unmatched comfort as these owners have. Two beautiful decks complement ample parking and a fenced in level yard well-equipped for all your social gatherings! Easy-access to the interstate and less than a mile to Catholic Medical Center, shopping & amenities or all that downtown Manchester has to offer! Property is truly turn-key with many recent updates including NEW ROOF, VINYL SIDING, NEWLY REPAINTED DECKS, NATURAL GAS FURNACES & NEW WATER HEATERS, BLOWN-IN INSULATION WALLS & ATTIC! Locked Storage in basement for all your tools and equipment and washers and dryers for both units easily accessible. These heavy hitting Family Sized Unit MONEY MAKERS with such low operating costs don't come along often. Come and see why this property will cost you less and make you more than the vast majority of 3 + unit properties and all at an unbeatable price! Don't miss out, this one will not last long!

Last Agent to Sell the Property

Antonio Graves

RE/MAX Synergy License #071759 Listed on: 12/05/2020

RE/MAX Synergy

Last Buyer's Agent

Nora Polanco

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,411

Year Built

  • Built in 1850

Lot Details

  • 5,227 Sq Ft Lot
  • Property has an invisible fence for dogs
  • Property is Fully Fenced
  • Level Lot
  • Open Lot
  • Garden

Home Design

  • Duplex
  • Converted Dwelling
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 3,160 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenant own a washer and dryer unit in basement that will not convey.
  • Tax Lot 0006

Community Details

Overview

  • 2 Units

Recreation

  • Hiking Trails
  • Trails

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $7,711
  • Gross Income $38,400
  • Net Operating Income $30,689

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,411

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Conversion, Duplex, Multi-Family
  • Directions: Use GPS for best results.
  • Flood Zone: Unknown
  • Assessment Amount: 222500
  • Assessment Year: 2019
  • Construction: Existing
  • Items Excluded: Tenant own a washer and dryer unit in basement that will not convey.
  • Total Stories: 3
  • Price Per Sq Ft: 110.73
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4504
  • Sq Ft - Apx Total Finished: 3160
  • Property Type: Multi-Family
  • Year Built: 1850
  • Remarks Public: Incredible opportunity to own this RARE 2 family property in one of Manchester's most desireable and quiet neighborhoods! These units are HUGE: One with over 1750SF (Including Loft), another with over 1400SF and both have 4 BEDROOMS and a modern smooth flowing living space! Owner occupied and meticulously maintained as this gorgeous property has been improved and upgraded over the last 14+ years! This is easily the cleanest two family you will find and in a great area that demands high rental income. Make this a part of your growing portfolio or owner occupy with unmatched comfort as these owners have. Two beautiful decks complement ample parking and a fenced in level yard well-equipped for all your social gatherings! Easy-access to the interstate and less than a mile to Catholic Medical Center, shopping & amenities or all that downtown Manchester has to offer! Property is truly turn-key with many recent updates including NEW ROOF, VINYL SIDING, NEWLY REPAINTED DECKS, NATURAL GAS FURNACES & NEW WATER HEATERS, BLOWN-IN INSULATION WALLS & ATTIC! Locked Storage in basement for all your tools and equipment and washers and dryers for both units easily accessible. These heavy hitting Family Sized Unit MONEY MAKERS with such low operating costs don't come along often. Come and see why this property will cost you less and make you more than the vast majority of 3 + unit properties and all at an unbeatable price! Don't miss out, this one will not last long!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 3160
  • Sq Ft - Apx Unfinished BG: 1344

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Block, Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Balcony, Deck, Fence - Dog, Fence - Full, Garden Space, Porch, Porch - Covered, Storage

Garage/Parking

  • Parking: Parking Spaces 6+, Paved

Utilities

  • Electric: Circuit Breaker(s)
  • 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
  • Total Water Heaters: 2
  • Utilities: High Speed Intrnt -Avail

Lot Info

  • Map: 0671
  • Lot: 0006
  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: Curbing, Level, Open, Sidewalks, Street Lights, Trail/Near Trail, Walking Trails
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 9111
  • Deed Page: 1857
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 38400
  • Net Income: 30689
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5411
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Sep 24, 2018
Sold by
Brodeur Robert J
Bought by
Summers Mark E
Seller's Agent
Josh Naughton Team
RE/MAX Innovative Properties
Buyer's Agent
Antonio Graves
RE/MAX Synergy
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$597,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,770
Avg. Annual Appreciation
10.21%
Original Mortgage
$8,685
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 2000
Sold by
Carpenter Jonathan
Bought by
Smith Craig A and Smith Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,937
Interest Rate
7.83%
Source: Public Records

Range of Values:

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Average Value
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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
Summers Mark E $300,000 --
Smith Craig A $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Alexis G $62,900
Closed Melendez Alexis G $55,500
Closed Summers Mark E $8,685
Open Summers Mark E $294,566
Previous Owner Smith Craig A $176,000
Previous Owner Smith Craig A $122,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $349,900 0.0% $111 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $349,900 +16.6% $111 / Sq Ft
09/21/2018 09/21/18 Sold $300,000 0.0% $95 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/16/2018 07/16/18 Price Changed $300,000 -3.2% $95 / Sq Ft
06/15/2018 06/15/18 Price Changed $309,900 -4.6% $98 / Sq Ft
05/23/2018 05/23/18 For Sale $325,000 -- $103 / 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 $7,243 $369,900 $85,200 $284,700
2023 $6,976 $369,900 $85,200 $284,700
2022 $6,747 $369,900 $85,200 $284,700
2021 $6,540 $369,900 $85,200 $284,700
2020 $5,487 $222,500 $58,700 $163,800
2019 $5,411 $222,500 $58,700 $163,800
2018 $5,131 $222,500 $58,700 $163,800
2017 $4,914 $219,200 $58,700 $160,500
2016 $5,072 $219,200 $58,700 $160,500
2015 $4,676 $199,500 $58,700 $140,800
2014 $4,688 $199,500 $58,700 $140,800
2013 $4,523 $199,500 $58,700 $140,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4840923

PrimeMLS

APN: MNCH-000671-000000-000006