NOT LISTED FOR SALE

56-58 High St Somersworth, NH 03878

Estimated Value: $540,872

-- Bed
-- Bath
2,160 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $495,000 $229 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,532/month

6 Days on Market

Highlights

  • Hot Water Heating System
  • Level Lot
  • Carpet
  • High Speed Internet
  • Mini Split Air Conditioners

About This Home

As of October 2023

Absolutely IMMACULATE 2 unit investment opportunity in Downtown Somersworth. There is nothing in this building that hasn't been touched; electrical, plumbing, HVAC systems, insulation, noise proofing, windows- the list goes on and on! Everything has been updated with an incredibly high level of care and talent. Beautiful wood floors throughout the upper level living area, brand new MIELE gas range, butcher block island, quartz countertops, stainless refrigerator and dishwasher. Space saving pocket doors, oversized laundry room, formal dining area, big and bright living room, large master bedroom with massive walk in closet. You have to see this space to appreciate it! Lower level has been completed with the same level of care and thought. Many business possibilities with the flexible layout, high end finishes, high traffic count, and ADA compliant bathroom. Call Darlene today at 603-969-6632 for a private showing. www.ceg-re.com

Last Agent to Sell the Property

Darlene Colwell-Ellis

KW Coastal and Lakes & Mountains Realty/Dover License #042783 Listed on: 08/24/2023

KW Coastal and Lakes & Mountains Realty/Dover

Last Buyer's Agent

Aydin Kayabay

Realty One Group Next Level License #078315

Realty One Group Next Level

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,316

Year Built

  • Built in 1950

Lot Details

  • 871 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing

Interior Spaces

  • 2-Story Property
  • Carpet

Partially Finished Basement

  • Interior and Exterior Basement Entry
  • Basement Storage

Utilities

  • Mini Split Air Conditioners
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 213

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,316

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Head north on Main St toward High St; Turn left onto High St; Property will be on the left.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 229.17
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2760
  • Sq Ft - Apx Total Finished: 2160
  • Year Built: 1950
  • Remarks Public: Absolutely IMMACULATE 2 unit investment opportunity in Downtown Somersworth. There is nothing in this building that hasn't been touched; electrical, plumbing, HVAC systems, insulation, noise proofing, windows- the list goes on and on! Everything has been updated with an incredibly high level of care and talent. Beautiful wood floors throughout the upper level living area, brand new MIELE gas range, butcher block island, quartz countertops, stainless refrigerator and dishwasher. Space saving pocket doors, oversized laundry room, formal dining area, big and bright living room, large master bedroom with massive walk in closet. You have to see this space to appreciate it! Lower level has been completed with the same level of care and thought. Many business possibilities with the flexible layout, high end finishes, high traffic count, and ADA compliant bathroom.
  • List Agent: 16534
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partially Finished, Storage Space, Exterior Access
  • Sq Ft - Apx Finished AG: 2160
  • Sq Ft - Apx Unfinished BG: 600

Exterior Features

  • Construction: Wood Frame
  • Exterior: Brick Veneer
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Cooling: Mini Split
  • Utilities: High Speed Intrnt -Avail

Lot Info

  • Map: 11
  • Lot Sq Ft: 871
  • Lot Acres: 0.02
  • Lot Description: City Lot, Condo Development, Level, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: BH
  • Deed Book: 4694
  • Deed Page: 944
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 4315.5
  • Tax Year: 2023

Multi Family

  • Total Units: 2
  • Total1 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Oct 13, 2023
Sold by
Penton Loren J and Poole William E
Bought by
Kalem Ali J
Seller's Agent
Darlene Colwell-Ellis
KW Coastal and Lakes & Mountains Realty/Dover
Buyer's Agent
Aydin Kayabay
Realty One Group Next Level
List Price
$495,000
Sold Price
$495,000
Views
39
Current Estimated Value
$540,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,872
Avg. Annual Appreciation
4.06%
Original Mortgage
$371,250
Outstanding Balance
$365,686
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$166,933

Purchase Details

Closed on
Nov 17, 1998
Sold by
Joanne M Croft Tr
Bought by
Greater Somersworth Ch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.65%
Mortgage Type
Commercial
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
Kalem Ali J $495,000 None Available
Kalem Ali J $495,000 None Available
Greater Somersworth Ch $56,000 --
Greater Somersworth Ch $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalem Ali J $371,250
Closed Kalem Ali J $371,250
Previous Owner Greater Somersworth Ch $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $495,000 0.0% $229 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $495,000 -- $229 / 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 $6,848 $366,200 $48,200 $318,000
2023 $4,395 $150,000 $43,100 $106,900
2022 $4,214 $150,000 $43,100 $106,900
2021 $3,772 $137,000 $43,100 $93,900
2020 $3,815 $137,000 $43,100 $93,900
2019 $3,871 $141,900 $43,100 $98,800
2018 $4,628 $137,900 $57,100 $80,800
2017 $4,517 $136,500 $57,100 $79,400
2016 $4,471 $139,200 $57,100 $82,100
2015 $4,489 $139,200 $57,100 $82,100
2014 $4,335 $139,200 $57,100 $82,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4967079

PrimeMLS

APN: SMSW-000011-000213