NOT LISTED FOR SALE

69 Exeter Rd Newmarket, NH 03857

Estimated Value: $536,000 - $673,000

-- Bed
3 Baths
2,513 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $357,000 $142 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,084/month

16 Days on Market

Highlights

  • Wooded Lot
  • Newmarket Elementary School Rated A-
  • Hot Water Heating System

About This Home

As of May 2019

Excellent opportunity for all type of investors. This 3 unit multifamily has one 2 bedroom unit and two 1 bedroom units one minute from downtown Newmarket. Apartment buildings in a solid, growing market like this are hard to find in town. Right on Route 108 this complex has had excellent rental history and has plenty of parking as well. This community of just under 10,000 residents on the Great Bay, is a short drive to Durham and Exeter and less than 20 minutes from Portsmouth. Newmarket is a small community on the seacoast and its rental market has greatly improved over the last decade. This strong rental market gives owner occupied or investors good cashflow with potential upside. These well maintained and updated units.

Last Agent to Sell the Property

Ethan Ash

KW Coastal and Lakes & Mountains Realty Listed on: 03/18/2019

KW Coastal and Lakes & Mountains Realty

Co-Listed By

Mark Devins

KW Coastal and Lakes & Mountains Realty License #070818

Last Buyer's Agent

Nina Fee

KW Coastal and Lakes & Mountains Realty License #054956

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,137

Year Built

  • Built in 1900

Lot Details

  • 0.69 Acre Lot
  • Lot Sloped Up
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 133

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,137

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Assessment Amount: 209900
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 142.06
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3795
  • Sq Ft - Apx Total Finished: 2513
  • Year Built: 1900
  • List Agent: 279791
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2513
  • Sq Ft - Apx Unfinished AG: 36
  • Sq Ft - Apx Unfinished BG: 1246

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete, Stone
  • Roads: Shared
  • Roof: Shingle - Asphalt

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Water

Lot Info

  • Map: U3
  • Lot Sq Ft: 30056
  • Lot Acres: 0.69
  • Lot Description: Wooded
  • Surveyed: Unknown
  • Zoning: M2A
  • Deed Book: 3762
  • Deed Page: 2288
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6137
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 6, 2019
Sold by
Boisvert Andrew D
Bought by
Rowley Brian D
Seller's Agent
Ethan Ash
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Nina Fee
KW Coastal and Lakes & Mountains Realty
List Price
$360,000
Sold Price
$357,000
Premium/Discount to List
-$3,000
-0.83%
Current Estimated Value
$630,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,336
Avg. Annual Appreciation
9.17%
Original Mortgage
$267,750
Outstanding Balance
$235,406
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$394,930

Purchase Details

Closed on
Apr 30, 2002
Sold by
Bounphakhom Amphone A P and Bounphakhom Phonephet
Bought by
Boisvert Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,424
Interest Rate
7.05%

Purchase Details

Closed on
Aug 6, 1998
Sold by
Lebrun Paul S
Bought by
Bounphakhom Phonephet and Bounphakho Amphone A P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.92%
Source: Public Records

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
Rowley Brian D $357,000 --
Boisvert Andrew D $201,000 --
Bounphakhom Phonephet $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowley Brian D $267,750
Previous Owner Bounphakhom Phonephet $161,400
Previous Owner Bounphakhom Phonephet $199,424
Previous Owner Bounphakhom Phonephet $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $357,000 -0.8% $142 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $360,000 -- $143 / 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 $9,212 $535,600 $189,600 $346,000
2023 $8,567 $290,500 $97,500 $193,000
2022 $7,841 $290,500 $97,500 $193,000
2021 $7,658 $290,500 $97,500 $193,000
2020 $7,394 $290,400 $97,500 $192,900
2018 $6,137 $209,900 $58,000 $151,900
2017 $5,611 $209,900 $58,000 $151,900
2016 $5,342 $209,900 $58,000 $151,900
2015 $5,239 $209,900 $58,000 $151,900
2014 $5,405 $209,900 $58,000 $151,900
2013 $4,608 $188,400 $78,100 $110,300
2012 $4,459 $188,400 $78,100 $110,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4740985

PrimeMLS

APN: NMAR-000003-000133-000000-U000000