NOT LISTED FOR SALE

Estimated Value: $547,271 - $700,000

9 Beds
3 Baths
4,248 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $361,000 $85 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,160/month

7 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Baseboard Heating
  • New Englander Architecture
  • 2 Car Detached Garage
  • 5-minute walk to Simpson Park

About This Home

As of May 2019

Fully Rented 3 Family with Great Cash Flow. Ideal Investment Opportunity or Owner Occupied! Hard to Find Multi with 3 Desirable 3 Bedroom Units. Ample Off-Street Parking & 2 Car Detached Garage Which Rents for $100 a Month. 1st & 2nd Floor Bathrooms Recently Remodeled. All Units Have Hardwood Floors (no carpets). All Utilities Are Separate. Basement Has Individual Laundry Hookups and Locked Tenant Storage. All Units are in Great Condition! New Roof in 2019. Exterior will be Painted Prior to Closing.

Last Agent to Sell the Property

Robert Waldron

BHHS Verani Londonderry Brokerage Phone: 603-498-2484 License #054846 Listed on: 04/02/2019

BHHS Verani Londonderry

Last Buyer's Agent

Michael Snedeker

Snedeker Advantage Realty, LLC License #070978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,649

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

  • New Englander Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Covered patio or porch

Schools

  • Northwest Elementary School
  • Parkside Middle School
  • Manchester West High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Separate Meters
  • 220 Volts
  • 200+ Amp Service
  • 100 Amp Service
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 49

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $13,614
  • Gross Income $45,600
  • Net Operating Income $31,986

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,649

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Detached, Multi-Family, Multi-Level, New Englander
  • Directions: Coolidge Ave to Bremer St to Dubuque St
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 84.98
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5824
  • Sq Ft - Apx Total Finished: 4248
  • Year Built: 1915
  • Remarks Public: Fully Rented 3 Family with Great Cash Flow. Ideal Investment Opportunity or Owner Occupied! Hard to Find Multi with 3 Desirable 3 Bedroom Units. Ample Off-Street Parking & 2 Car Detached Garage Which Rents for $100 a Month. 1st & 2nd Floor Bathrooms Recently Remodeled. All Units Have Hardwood Floors (no carpets). All Utilities Are Separate. Basement Has Individual Laundry Hookups and Locked Tenant Storage. All Units are in Great Condition! New Roof in 2019. Exterior will be Painted Prior to Closing.
  • List Agent: 6198
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Total Rooms Above Ground: 18
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete, Full, Storage - Assigned, Unfinished, Walkout, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 4248
  • Sq Ft - Apx Unfinished BG: 1576

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard, Wood
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Flat, Rolled
  • Easements: Unknown
  • Features Exterior: Fence - Partial, Porch - Covered

Garage/Parking

  • Garage Capacity: 2
  • Parking: Assigned, Driveway, Garage, Off Street, Parking Spaces 5 - 10, Paved
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp, 200 Amp, 220 Volt, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas - Natural, Off Boiler, Tank
  • Heating Fuel: Gas - Natural, Oil
  • Heating: Baseboard, Gas Heater, Hot Water, Monitor Type
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Trash: Curbside, Municipal, Recycle
  • Utilities: Cable, Internet - Cable, Phone

Schools

  • School District: Manchester Sch Dst SAU #37
  • Elementary School: Northwest Elementary School
  • Middle School: Parkside Middle School
  • High School: Manchester West High School
  • Elementary School: Northwest Elementary School
  • High School: Manchester West High School

Lot Info

  • Map: 308
  • Lot: 49
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: MDL-01
  • Deed Book: 8523
  • Deed Page: 1986
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 1-3

Multi Family

  • Gross Income: 45600
  • Net Income: 31986
  • Total Full Baths: 3
  • Total Units: 3
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 6649
  • Tax Year: 2018

MLS Schools

  • School District: Manchester Sch Dst SAU #37
  • School Middle Jr: Parkside Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 15, 2019
Sold by
Miclette Raymond A and Miclette Michelle A
Bought by
Gallagher Keith
Seller's Agent
Robert Waldron
BHHS Verani Londonderry
Buyer's Agent
Michael Snedeker
Snedeker Advantage Realty, LLC
List Price
$349,900
Sold Price
$361,000
Premium/Discount to List
$11,100
3.17%
Total Days on Market
7
Current Estimated Value
$649,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,318
Avg. Annual Appreciation
10.04%
Original Mortgage
$270,750
Outstanding Balance
$239,559
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$404,353

Purchase Details

Closed on
Feb 1, 2013
Sold by
Regions First Llc
Bought by
Miclette Raymond A and Miclette Michelle A

Purchase Details

Closed on
Sep 10, 2012
Sold by
Patient Michael A and Bank New York Mellon T
Bought by
Regions First Llc

Purchase Details

Closed on
Oct 6, 2000
Sold by
Gregoire Fam Revocable
Bought by
Patient Michael A
Source: Public Records

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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
Gallagher Keith $361,000 --
Gallagher Keith $361,000 --
Miclette Raymond A $271,400 --
Miclette Raymond A $271,400 --
Regions First Llc $160,000 --
Regions First Llc $160,000 --
Patient Michael A $151,000 --
Patient Michael A $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Keith $270,750
Closed Gallagher Keith $270,750
Closed Gallagher Keith $102,427
Previous Owner Patient Michael A $76,000
Previous Owner Patient Michael A $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $361,000 +3.2% $85 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $349,900 -- $82 / 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
2023 $8,568 $454,300 $84,600 $369,700
2022 $8,286 $454,300 $84,600 $369,700
2021 $8,032 $454,300 $84,600 $369,700
2020 $6,925 $280,800 $58,300 $222,500
2019 $6,829 $280,800 $58,300 $222,500
2018 $6,649 $280,800 $58,300 $222,500
2017 $6,548 $280,800 $58,300 $222,500
2016 $6,498 $280,800 $58,300 $222,500
2015 $6,423 $274,000 $58,300 $215,700
2014 $6,439 $274,000 $58,300 $215,700
2013 $6,212 $274,000 $58,300 $215,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4743337

PrimeMLS

APN: MNCH-000308-000000-000049