NOT LISTED FOR SALE
10 Beds
7 Baths
6,455 Sq Ft
2.08 Acre Lot

Sale Details

Date Sold: May 12, 2022

Last sale price $430,000 $67 Per Sq Ft

6 Days on Market

Highlights

  • 196 Feet of Waterfront
  • Hot Water Heating System
  • Level Lot
  • 2.08 Acre Lot
  • Shared Waterfront

About This Home

As of May 2022

Be in the front row of the revitalization and take advantage of this Investment Opportunity being offered with this 7 unit located in Franklin, a modest town that is on track for redevelopment with many significant investments made into the downtown area in preparation for the first-in-state whitewater park. Property abuts the Winnipesaukee River, join in watching the Kyaker's on the Winni. River Trail, walk to Trestle view park and downtown shops, restaurants and Odell Park. Property has long term tenants, plenty of off street parking, additional storage space in basement, metal roof and has had many updates over the past few years with new metal roofing, new heating systems and electrical upgrades. This property is currently being Professionally Managed and the current Management Company is willing to stay on with the new owners if desired. Showings will be held Sunday 4/3/2022 and Tuesday 4/5/2022 with a confirmed viewing time. Seller is a licensed NH Real Estate Agent.

Last Agent to Sell the Property

Donna Tully

Tully Real Estate Solutions LLC License #058639 Listed on: 04/01/2022

Last Buyer's Agent

Vanessa Copp

White Water Realty Group LLC License #078075

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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,294

Year Built

  • Built in 1920

Lot Details

  • 2.08 Acre Lot
  • 196 Feet of Waterfront
  • Level Lot

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 7 Full Bathrooms
  • 3-Story Property

Basement

  • Walk-Out Basement
  • Dirt Floor

Parking

  • 1,120 Car Parking Spaces
  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Nearby Water Access
  • Shared Waterfront

Schools

  • Paul A. Smith Elementary School
  • Franklin Middle School
  • Franklin High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • 7 Units

Listing and Financial Details

  • Tax Lot 011

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,294

Year Built

Built in 1920

Lot Details

2.08 Acres

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 66.62
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6876
  • Sq Ft - Apx Total Finished: 6455
  • Year Built: 1920
  • List Agent: 22328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 6455
  • Sq Ft - Apx Unfinished AG: 44
  • Sq Ft - Apx Unfinished BG: 377

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Vinyl Siding
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal
  • Easements: Unknown
  • Water Body Type: River
  • Water Frontage Length: 196
  • Water Restrictions: Unknown
  • Water Access Details: Directly Adjoining
  • Water Body Name 2: Winnipesaukee River
  • Waterfront: Yes
  • Waterfront Rights: Shared
  • Water Body Access 2: Yes

Garage/Parking

  • Parking: Off Street, Parking Spaces 11 - 20

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 7
  • Total Heat Units: 2
  • Total Ranges: 7
  • Total Refrigerators: 7
  • Trash: Dumpster

Schools

  • Elementary School: Paul A. Smith School
  • High School: Franklin High School

Lot Info

  • Map: 135
  • Lot: 011
  • Lot Sq Ft: 90605
  • Lot Acres: 2.08
  • Lot Description: Level, Sloping
  • Surveyed: Unknown
  • Zoning: R3W&S
  • Deed Book: 3722
  • Deed Page: 2309
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 7
  • Total Units: 7
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 9294
  • Tax Year: 2021

MLS Schools

  • School District: Franklin School District
  • School Middle Jr: Franklin Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 12, 2022
Sold by
Bought by
Seller's Agent
Donna Tully
Tully Real Estate Solutions LLC
Buyer's Agent
Vanessa Copp
White Water Realty Group LLC
List Price
$449,900
Sold Price
$430,000
Premium/Discount to List
-$19,900
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
4.67%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 24, 2020
Closed on
Feb 11, 2021
Sold by
Bought by
Seller's Agent
Tom Hanright
White Water Realty Group/Franklin
Buyer's Agent
Tom Hanright
White Water Realty Group/Franklin
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.66%
Original Mortgage
$330,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$430,000 None Available
$320,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $952,000
Closed $952,000
Closed $430,000
Previous Owner $1,610,000
Closed $330,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2022 05/12/22 Sold $430,000 -4.4% $67 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $449,900 +40.6% $70 / Sq Ft
02/11/2021 02/11/21 Sold $320,000 -8.5% $50 / Sq Ft View Prior Sale
01/21/2021 01/21/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $349,900 0.0% $54 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $349,900 -- $54 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,627 $432,600 $105,800 $326,800
2024 $7,419 $432,600 $105,800 $326,800
2023 $7,034 $432,600 $105,800 $326,800
2022 $9,654 $395,800 $82,900 $312,900
2021 $9,187 $395,800 $82,900 $312,900
2020 $9,040 $395,800 $82,900 $312,900
2019 $8,894 $395,800 $82,900 $312,900
2018 $8,004 $392,900 $82,900 $310,000
2017 $7,954 $311,200 $49,600 $261,600
2016 $7,852 $311,200 $49,600 $261,600
2015 $4,324 $173,320 $34,720 $138,600
2011 $5,640 $262,100 $56,000 $206,100
Source: Public Records

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Map

Source: PrimeMLS

MLS Number: 4903483

PrimeMLS
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