Seller's Agent in 2021
Team Lillian Montalto
Lillian Montalto Signature Properties
(978) 815-6301
3 in this area
1,011 Total Sales
58 Main St Durham, NH 03824
Estimated Value: $813,211
5
Beds
3
Baths
3,653
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- City View
- Property is near public transit
- Corner Lot
- Mast Way School Rated A-
- Wood Flooring
- Jogging Path
About This Home
As of September 20213 updated apartments in the heart of downtown Durham, on campus at the University of New Hampshire. These 3 apartments sit a top of Ciao Italia restaurant, with easy access to all locations and activities on campus. This condominium consists of 3 units, totaling 5 bedrooms, 3 bathrooms that houses 8 tenants. 2 units are 2 bedrooms, and 1 unit is a 1 bedroom. As a tenant, you are right in the mix of everything. Stepping outside puts you right on Main st, with food, retail stores, and anything else you need. Within minutes, you can be at any of the campus buildings for class, food and recreation. As an owner, these apartments are very attractive. First, they have not had vacancy in ages. Second, the tenants pay all utilities and the building has no deferred maintenance. Third, the boiler was installed in early 2020, and the unit were updated recently. Lastly, there is limited maintenance with no outside common areas to manage.
Last Agent to Sell the Property
Lillian Montalto Signature Properties Listed on: 10/30/2020
Last Buyer's Agent
Mark Roy
Elm Grove Realty, LLC License #597509468
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,000
Year Built
- Built in 1920
Lot Details
- Corner Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,653 Sq Ft Home
- Insulated Windows
- City Views
- Unfinished Basement
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Total Actual Rent $6,050
- Assessor Parcel Number 1243569
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Jogging Path
- Bike Trail
Building Details
- Insurance Expense $1,500
- Water Sewer Expense $940
- Operating Expense $27,530
- Net Operating Income $42,892
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $607,000 | -6.6% | $166 / Sq Ft |
| 01/22/2021 01/22/21 | Pending | -- | -- | -- |
| 01/05/2021 01/05/21 | Price Changed | $650,000 | -16.1% | $178 / Sq Ft |
| 10/30/2020 10/30/20 | For Sale | $775,000 | -- | $212 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $18,742 | $921,900 | $0 | $921,900 |
| 2023 | $18,881 | $921,900 | $0 | $921,900 |
| 2022 | $23,490 | $808,900 | $0 | $808,900 |
| 2021 | $22,576 | $808,900 | $0 | $808,900 |
| 2020 | $16,829 | $606,900 | $270,000 | $336,900 |
Source: Public Records
Agents Affiliated with this Home
-
Team Lillian Montalto
-
M
Buyer's Agent in 2021
Mark Roy
Elm Grove Realty, LLC
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72750844
APN: DRHM M:2 B:14 L:4-D
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