NOT LISTED FOR SALE

58 Main St Rochester, NH 03839

Estimated Value: $409,735 - $470,000

5 Beds
2 Baths
2,511 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $189,600 $76 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,876/month

78 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Heating System Uses Steam
  • 1 Car Detached Garage
  • Hot Water Heating System
  • Level Lot

About This Home

As of February 2017

Looking for an investment property? Look no further. Great Positive Cash Flow. This nicely maintained fully rented 2 unit property boasts 2 plus bedrooms on the second floor and 3 plus bedrooms on the 1st floor. Separate utilities and separate driveways. Great rental history with long term renters. Leases are in place until mid 2017. Lots of updates including new roof and replacement windows. Washer/dryer hookups. Walk up attic, City water/sewer. Full basement and yard with ample off street parking. 1 car garage Convenient location for commuters.

Last Agent to Sell the Property

Ronna Kaufman

RSA Realty, LLC License #040333 Listed on: 10/25/2016

Last Buyer's Agent

Marilyn Laverdiere

BHG Masiello Dover License #044278

BHG Masiello Dover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,682

Year Built

  • Built in 1937

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,511 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Porch

Schools

  • Gonic Elementary School
  • Rochester Middle School
  • Spaulding High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Separate Meters
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 045
  • 28% Total Tax Rate

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $28,308
  • Net Operating Income $20,958

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,682

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: Route 125 to Gonic. Left at lights near the fire station to Main Street. Stay straight property on right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 75.51
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2511
  • Sq Ft - Apx Total Finished: 2511
  • Year Built: 1937
  • List Agent: 10716
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 2511

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Garage
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Cable Company: Metrocast
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Off Boiler, Separate
  • Heating Fuel: Oil
  • Heating: Hot Water, Steam
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Curbside

Schools

  • Elementary School: Gonic Elementary School
  • High School: Spaulding High School

Lot Info

  • Map: 138
  • Lot: 045
  • Lot Sq Ft: 14810
  • Lot Acres: 0.34
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: NMU
  • Deed Book: 3527
  • Deed Page: 705
  • Deed Recorded Type: Warranty
  • Total Deeds: 2

Multi Family

  • Gross Income: 28308
  • Net Income: 20958
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Rate: 28.15
  • Tax Gross Amount: 3682
  • Tax Year: 2015

MLS Schools

  • School District: Rochester
  • School Middle Jr: Rochester Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Mar 1, 2017
Sold by
Gaulin Thomas L and Gaulin Sandra L
Bought by
Baun Errol W and Baun Stacey H
Seller's Agent
Ronna Kaufman
RSA Realty, LLC
Buyer's Agent
Marilyn Laverdiere
BHG Masiello Dover
List Price
$199,900
Sold Price
$189,600
Premium/Discount to List
-$10,300
-5.15%
Current Estimated Value
$449,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,356
Avg. Annual Appreciation
10.25%
Original Mortgage
$142,200
Outstanding Balance
$117,657
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$330,527

Purchase Details

Closed on
May 15, 2007
Sold by
Gaulin Todd M
Bought by
Gaulin Bradd W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Baun Errol W $189,600 --
Gaulin Bradd W $56,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baun Errol W $142,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $189,600 -5.2% $76 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
10/25/2016 10/25/16 For Sale $199,900 -- $80 / 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 $6,140 $413,500 $101,900 $311,600
2023 $5,562 $216,100 $40,500 $175,600
2022 $5,463 $216,100 $40,500 $175,600
2021 $5,327 $216,100 $40,500 $175,600
2020 $5,343 $217,100 $40,500 $176,600
2019 $5,406 $217,100 $40,500 $176,600
2018 $5,034 $178,300 $36,000 $142,300
2017 $4,695 $178,300 $36,000 $142,300
2016 $3,696 $130,800 $36,000 $94,800
2015 $3,682 $130,800 $36,000 $94,800
2014 $3,593 $130,800 $36,000 $94,800
2013 $3,875 $147,000 $49,600 $97,400
2012 $3,775 $147,000 $49,600 $97,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4605881

PrimeMLS

APN: RCHE-000138-000045