NOT LISTED FOR SALE

55 E Concord St Dover, NH 03820

Estimated Value: $600,000 - $763,000

5 Beds
3 Baths
2,826 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $555,000 $196 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,581/month

2 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Landscaped
  • Wood Flooring
  • Covered patio or porch
  • Forced Air Heating System

About This Home

As of April 2022

Well-Maintained three unit building located less than 1 mile from downtown Dover. Building consists of (2) 2 bedroom units, both which include an additional room for an office or 3rd bedroom and (1) 1 bedroom unit. All 3 units have eat-in kitchens and single, full baths. 1st floor apt has a private, roofed porch entrance, front and back mudroom spaces, French Doors, hardwood flooring, new carpet in bedrooms & paint. 2nd floor unit also includes hardwood flooring, French doors and tiled bathroom shower. 3rd Floor unit is a true 1 bedroom with lots of space, kitchen pantry/storage, wooden LR ceilings, direct vent heating system, newer flooring & paint. Common back shared deck space, Off street parking and leases in place for all units through Aug & Sept of 2022. Many updates have been made both mechanically & aesthetically. Potential expansion opportunities as building is zoned in RM-U. Healthy NOI, Rents are $1100, $1475 & $1800 with the potential for increased income, choose owner occupy or investment property. Owner is a licensed Real Estate Broker in NH.

Last Listed By

Anthony Balakier

Balakier Properties LLC License #055517 Listed on: 02/19/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,780

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,826 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Horne Street Elementary School
  • Dover Middle School
  • Dover High School

Utilities

  • Forced Air Heating System
  • Leased Heating System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Individual Controls for Heating
  • 100 Amp Service
  • Gas Available at Street
  • Water Heater Leased
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block 190

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $1,500
  • Gross Income $52,500
  • Net Operating Income $51,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,780

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, Multi-Level, Tri-Level
  • Directions: Central Ave. north, left onto Hill St. Property located on right hand side, on the corner of Hill St. & East Concord St.
  • Assessment Amount: 404600
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 196.39
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2826
  • Sq Ft - Apx Total Finished: 2826
  • Year Built: 1900
  • Remarks Public: Well-Maintained three unit building located less than 1 mile from downtown Dover. Building consists of (2) 2 bedroom units, both which include an additional room for an office or 3rd bedroom and (1) 1 bedroom unit. All 3 units have eat-in kitchens and single, full baths. 1st floor apt has a private, roofed porch entrance, front and back mudroom spaces, French Doors, hardwood flooring, new carpet in bedrooms & paint. 2nd floor unit also includes hardwood flooring, French doors and tiled bathroom shower. 3rd Floor unit is a true 1 bedroom with lots of space, kitchen pantry/storage, wooden LR ceilings, direct vent heating system, newer flooring & paint. Common back shared deck space, Off street parking and leases in place for all units through Aug & Sept of 2022. Many updates have been made both mechanically & aesthetically. Potential expansion opportunities as building is zoned in RM-U. Healthy NOI, Rents are $1100, $1475 & $1800 with the potential for increased income, choose owner occupy or investment property. Owner is a licensed Real Estate Broker in NH.
  • List Agent: 24418
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Laminate
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Concrete Floor, Full, Stairs - Interior, Unfinished, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 2826

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum, Vinyl
  • Foundation: Below Frost Line, Brick, Fieldstone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane, Shingle - Fiberglass
  • Easements: Unknown
  • Features Exterior: Deck, Porch - Covered

Garage/Parking

  • Parking: Driveway, On-Site, Parking Spaces 6+, Paved

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Unitil
  • Sewer: Public
  • Water: Public
  • Water Heater: Free Standing, Gas - Natural, Rented, Separate
  • Heating Fuel: Gas - Natural
  • Heating: Direct Vent, Forced Air, Gas Heater - Vented, Individual, Rented Heater, Steam, Wall Units
  • Electric Company: EverSource
  • Separate Utilities: Varies
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Curbside, Recycle
  • Utilities: Cable, Gas - At Street, Internet - Cable

Schools

  • School District: Dover
  • Elementary School: Horne Street School
  • Middle School: Dover Middle School
  • High School: Dover High School
  • Elementary School: Horne Street School
  • High School: Dover High School

Lot Info

  • Map: 27
  • Lot: 0-0
  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: Corner, Landscaped, Level, Sidewalks
  • Surveyed: Unknown
  • Zoning: RM-U
  • Deed Book: 4528
  • Deed Page: 410
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 52500
  • Net Income: 51000
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8779.82
  • Tax Year: 2021

MLS Schools

  • School District: Dover
  • School Middle Jr: Dover Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Apr 1, 2022
Sold by
Balakier Anthony J
Bought by
Tatarczuk Sarah E and Tatarczuk Keith M
Seller's Agent
Anthony Balakier
Balakier Properties LLC
Buyer's Agent
Diane Lamprey
The Aland Realty Group
List Price
$525,000
Sold Price
$555,000
Premium/Discount to List
$30,000
5.71%
Total Days on Market
2
Current Estimated Value
$661,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,837
Avg. Annual Appreciation
5.79%
Original Mortgage
$444,000
Outstanding Balance
$422,140
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,697

Purchase Details

Closed on
Jun 3, 2002
Sold by
Criswell David H and Criswell Amy S
Bought by
Balakier Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,150
Interest Rate
7%

Purchase Details

Closed on
Sep 22, 1998
Sold by
Middaugh Brian C and Middaugh Jennifer W
Bought by
Criswell David H and Criswell Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Interest Rate
6.9%

Range of Values:

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Average Value
Not Available
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
Tatarczuk Sarah E $555,000 None Available
Balakier Anthony J $283,500 --
Criswell David H $135,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatarczuk Sarah E $444,000
Previous Owner Balakier Anthony $210,000
Previous Owner Criswell David H $210,000
Previous Owner Balakier Anthony J $50,000
Previous Owner Criswell David H $255,150
Previous Owner Criswell David H $108,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $555,000 +5.7% $196 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $525,000 -- $186 / 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 $10,728 $590,400 $159,300 $431,100
2023 $9,651 $516,100 $151,300 $364,800
2022 $9,426 $475,100 $143,300 $331,800
2021 $8,780 $404,600 $135,400 $269,200
2020 $8,104 $326,100 $119,400 $206,700
2019 $7,554 $299,900 $107,500 $192,400
2018 $7,244 $290,700 $103,500 $187,200
2017 $6,726 $260,000 $87,600 $172,400
2016 $6,268 $238,400 $83,700 $154,700
2015 $5,790 $217,600 $75,300 $142,300
2014 $5,660 $217,600 $75,300 $142,300
2011 $5,348 $212,900 $65,200 $147,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4898534

PrimeMLS

APN: DOVR-027190