NOT LISTED FOR SALE

562 First Ave Berlin, NH 03570

Estimated Value: $155,000 - $199,000

6 Beds
2 Baths
2,088 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $55,550 $27 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $1,274/month

73 Days on Market

Highlights

  • Mountain View
  • Enclosed patio or porch
  • Baseboard Heating
  • Wood Flooring
  • Shed
  • 3-minute walk to Berlin Recreation & Parks Department

About This Home

As of August 2019

So many apartment buildings have little to no yard, and a basement with no head room... NOT THIS PROPERTY! This Two family home has a great backyard, with large outside covered storage area as well as as full spacious walk out basement with high ceilings! Make your housing more affordable by living in one of the units and renting out the other. The property features two 3 bedroom apartments, two means of egress, hardwood floors throughout, vinyl replacement windows, vinyl siding, enclosed sun porch (2nd floor apartment), huge walk up attic, covered back porches, off street parking and laundry hook-ups for each apartment. 1st floor apartment includes: Refrigerator, Electric-Range, Washer and Dryer. Interior and exterior access to the back yard, driveway, covered storage area and basement! Ride your ATV's right from this property to the trails! Walking distance to downtown, the post office, the Berlin Market Place (Grocery Store) and more!

Last Listed By

Matthew Martel

RE/MAX Northern Edge Realty LLC License #062025 Listed on: 04/12/2019

RE/MAX Northern Edge Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property
  • Wood Flooring
  • Mountain Views

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Enclosed patio or porch
  • Shed

Schools

  • Brown Elementary School
  • Berlin Junior High School
  • Berlin Senior High School

Utilities

  • Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 46

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,160

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Pleasant Street, turn right onto Exchange Street, onto Mt. Forist Street, turn left onto First Avenue. After a short distance the property will be on your left.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 26.6
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3760
  • Sq Ft - Apx Total Finished: 2088
  • Year Built: 1910
  • Remarks Public: So many apartment buildings have little to no yard, and a basement with no head room... NOT THIS PROPERTY! This Two family home has a great backyard, with large outside covered storage area as well as as full spacious walk out basement with high ceilings! Make your housing more affordable by living in one of the units and renting out the other. The property features two 3 bedroom apartments, two means of egress, hardwood floors throughout, vinyl replacement windows, vinyl siding, enclosed sun porch (2nd floor apartment), huge walk up attic, covered back porches, off street parking and laundry hook-ups for each apartment. 1st floor apartment includes: Refrigerator, Electric-Range, Washer and Dryer. Interior and exterior access to the back yard, driveway, covered storage area and basement! Ride your ATV's right from this property to the trails! Walking distance to downtown, the post office, the Berlin Market Place (Grocery Store) and more!
  • List Agent: 12552
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Full, Stairs - Exterior, Storage Space, Unfinished, Walkout, Interior Access
  • Sq Ft - Apx Finished AG: 2088
  • Sq Ft - Apx Unfinished AG: 628
  • Sq Ft - Apx Unfinished BG: 1044

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Fence - Partial, Porch - Enclosed, Shed, Storage

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil, Wood
  • Heating: Baseboard, Hot Water, Furnace - Wood/Oil Combo
  • Total Electric Meters: 3
  • Total Heat Units: 1
  • Total Ranges: 1
  • Total Refrigerators: 1
  • Total Water Heaters: 2
  • Trash: Curbside, Municipal
  • Utilities: Cable - At Site, Cable - Available, High Speed Intrnt -Avail, Internet - Cable

Schools

  • School District: Berlin School District SAU #3
  • Elementary School: Brown Elementary School
  • Middle School: Berlin Junior High School
  • High School: Berlin Senior High School
  • Elementary School: Brown Elementary School
  • High School: Berlin Senior High School

Lot Info

  • Map: 118
  • Lot: 46
  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: Level, Mountain View, Sloping, View
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 1476
  • Deed Page: 0694
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 2160
  • Tax Year: 2019

MLS Schools

  • School District: Berlin School District SAU #3
  • School Middle Jr: Berlin Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
Powers Steven W and Powers Kathleen A
Bought by
Werbeck Katherine E
Total Days on Market
73
Current Estimated Value
$169,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Outstanding Balance
$158,834
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$10,622

Purchase Details

Listed on
Apr 12, 2019
Closed on
Aug 8, 2019
Sold by
Cynthia J Fraser Ret
Bought by
Powers Steven W and Powers Kathleen A
Seller's Agent
Matthew Martel
RE/MAX Northern Edge Realty LLC
Buyer's Agent
Matthew Martel
RE/MAX Northern Edge Realty LLC
List Price
$59,500
Sold Price
$55,550
Premium/Discount to List
-$3,950
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.32%
Original Mortgage
$44,400
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 9, 2017
Sold by
Kallenbach James and Kallenbach Lee A
Bought by
Cynthia J Fraser Ret and Fraser
Seller's Agent
Debra Davis
RE/MAX Northern Edge Realty LLC
Buyer's Agent
Debra Davis
RE/MAX Northern Edge Realty LLC
List Price
$49,900
Sold Price
$46,500
Premium/Discount to List
-$3,400
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$37,200
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2012
Sold by
Tat Ke N and Fnma
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 7, 2005
Sold by
Berthiaume Michael A and Berthiaume Julie L
Bought by
Tat Ken N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

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
Werbeck Katherine E $170,000 None Available
Powers Steven W $55,600 --
Cynthia J Fraser Ret $46,533 --
Federal National Mortgage Association $67,900 --
Tat Ken N $80,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werbeck Katherine E $161,250
Previous Owner Powers Steven W $44,400
Previous Owner Cynthia J Fraser Ret $37,200
Previous Owner Tat Ken N $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2019 08/08/19 Sold $55,550 -6.6% $27 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $59,500 0.0% $28 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $59,500 +28.0% $28 / Sq Ft
11/07/2017 11/07/17 Sold $46,500 -6.8% $22 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
10/07/2016 10/07/16 For Sale $49,900 -- $24 / 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 $4,019 $130,100 $10,200 $119,900
2023 $3,500 $130,100 $10,200 $119,900
2022 $3,547 $130,100 $10,200 $119,900
2021 $2,130 $58,300 $7,300 $51,000
2020 $2,084 $58,000 $7,300 $50,700
2018 $2,160 $55,000 $5,100 $49,900
2017 $1,948 $49,700 $3,000 $46,700
2016 $1,948 $49,700 $3,000 $46,700
2014 $2,485 $74,500 $8,000 $66,500
2013 $2,459 $74,500 $8,000 $66,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4745255

PrimeMLS

APN: BELN-000118-000046