Seller's Agent in 2024
Ryan Pettigrew
KW Coastal and Lakes & Mountains Realty
(603) 969-6239
1 in this area
27 Total Sales
61 River Rd Stratham, NH 03885
Estimated Value: $916,000 - $1,246,000
4
Beds
3
Baths
1,624
Sq Ft
$664/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Shed
- Partially Fenced Property
- Cooperative Middle School Rated A-
- Baseboard Heating
- Level Lot
About This Home
As of March 2024Work completed and 2 units recently vacant. Easy transfer and very low operating costs for this rare Stratham multi-family property on 1.1 acres in a magnificent location! Three ground floor, single-level units give a wonderful opportunity for investment or to owner-occupy with additional income. Being serviced by well and septic, along with utilities being electric, this multi-unit sees very low operating costs and great cap rate potential. There is plenty of outdoor space to enjoy, and a large driveway provides tenants and guests with ample parking. Take in views at the small park along the Squamscott River at the end of the road, or take advantage of the convenient location for travel to the surrounding seacoast area and beyond.
Last Agent to Sell the Property
KW Coastal and Lakes & Mountains Realty License #069695 Listed on: 01/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,588
Year Built
- Built in 1969
Lot Details
- 1.1 Acre Lot
- Partially Fenced Property
- Level Lot
Home Design
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 1-Story Property
Flooring
- Wood
- Carpet
- Vinyl Plank
Parking
- 510 Car Parking Spaces
- Driveway
- Paved Parking
Outdoor Features
- Shed
Utilities
- Baseboard Heating
- 100 Amp Service
- Drilled Well
- Septic Tank
- Internet Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 30
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $8,688
- Gross Income $61,200
- Net Operating Income $52,512
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 3, 1998
Sold by
Paragon Rt
Bought by
Vogt Andrew A and Vogt Martha B
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,985
Interest Rate
6.92%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vogt Andrew A | $234,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vogt Andrew A | $380,000 | |
| Closed | Vogt Andrew A | $198,985 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2024 03/05/24 | Sold | $545,000 | -2.7% | $336 / Sq Ft |
| 01/21/2024 01/21/24 | Pending | -- | -- | -- |
| 01/17/2024 01/17/24 | For Sale | $559,900 | -- | $345 / Sq Ft |
Source: PrimeMLS
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 | $12,728 | $970,100 | $503,200 | $466,900 |
| 2023 | $12,441 | $595,000 | $264,400 | $330,600 |
| 2022 | $11,132 | $595,000 | $264,400 | $330,600 |
| 2021 | $11,019 | $595,000 | $264,400 | $330,600 |
| 2020 | $11,275 | $595,000 | $264,400 | $330,600 |
| 2019 | $11,085 | $595,000 | $264,400 | $330,600 |
| 2018 | $10,227 | $487,000 | $196,500 | $290,500 |
| 2017 | $9,886 | $487,000 | $196,500 | $290,500 |
| 2016 | $9,935 | $487,000 | $196,500 | $290,500 |
| 2015 | $9,691 | $487,000 | $196,500 | $290,500 |
| 2014 | $9,696 | $487,000 | $196,500 | $290,500 |
| 2013 | $9,886 | $503,100 | $211,500 | $291,600 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Pettigrew
-
Sean Murphy
Buyer's Agent in 2024
Sean Murphy
Chinburg Management, LLC
(603) 942-0202
2 in this area
4 Total Sales
Map
Source: PrimeMLS
MLS Number: 4982551
APN: STRH-000008-000019
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