NOT LISTED FOR SALE

7 1/2 Spring St Newmarket, NH 03857

Estimated Value: $513,000 - $627,000

4 Beds
2 Baths
2,050 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $500,000 $244 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,689/month

28 Days on Market

Highlights

  • 2 Car Attached Garage
  • Baseboard Heating
  • 5-minute walk to Schanda Conservation Park
  • Newmarket Elementary School Rated A-
  • Wood Siding

About This Home

As of June 2023

Charming duplex within walking distance to downtown Newmarket! This duplex consists of (2) units with one unit downstairs & one upstairs. The first floor unit which is vacant has new Sherman Williams Vinyl flooring, open concept living areas, natural lighting, granite countertops, fresh paint, & full bathroom! The upstairs unit has a closed in porch that could be used for storage, a large kitchen with room for a small dining room table, expansive living room with potential for a small work from home space, & two large bedrooms. this could serve well for a owner occupant looking to save on a mortgage payment or an investor looking for a steady asset in the seacoast!

Last Agent to Sell the Property

Griffin Guerra

EXP Realty Brokerage Phone: 800-450-7784 License #074900 Listed on: 04/03/2023

EXP Realty

Last Buyer's Agent

Stacey Caruso

Advisors Living License #069041

Advisors Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,409

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Lot Sloped Up

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Interior Basement Entry

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 42

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,409

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Flood Zone: Unknown
  • Assessment Amount: 274500
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 243.9
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4727
  • Sq Ft - Apx Total Finished: 2050
  • Year Built: 1900
  • Remarks Public: Charming duplex within walking distance to downtown Newmarket! This duplex consists of (2) units with one unit downstairs & one upstairs. The first floor unit which is vacant has new Sherman Williams Vinyl flooring, open concept living areas, natural lighting, granite countertops, fresh paint, & full bathroom! The upstairs unit has a closed in porch that could be used for storage, a large kitchen with room for a small dining room table, expansive living room with potential for a small work from home space, & two large bedrooms. this could serve well for a owner occupant looking to save on a mortgage payment or an investor looking for a steady asset in the seacoast!
  • List Agent: 284128
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor
  • Sq Ft - Apx Finished AG: 2050
  • Sq Ft - Apx Unfinished AG: 1852
  • Sq Ft - Apx Unfinished BG: 825

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood Siding
  • Foundation: Brick, Fieldstone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Off Street
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: Cable

Lot Info

  • Map: U2
  • Lot: 42
  • Lot Sq Ft: 13068
  • Lot Acres: 0.3
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: M2
  • Deed Book: 6128
  • Deed Page: 502
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7409
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jun 20, 2023
Sold by
7-1 2 Spring Street Llc
Bought by
Johnson Austin
Seller's Agent
Griffin Guerra
EXP Realty
Buyer's Agent
Stacey Caruso
Advisors Living
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Total Days on Market
28
Views
100
Current Estimated Value
$545,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,481
Avg. Annual Appreciation
6.30%
Original Mortgage
$490,943
Outstanding Balance
$480,897
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$89,319

Purchase Details

Closed on
Jun 15, 2020
Sold by
Langlois Sharon J
Bought by
7 Sprig Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,500
Interest Rate
3.2%
Mortgage Type
Commercial
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
Johnson Austin $500,000 None Available
7 Sprig Street Llc $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Austin $490,943
Previous Owner 7 Sprig Street Llc $832,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $500,000 0.0% $244 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $500,000 -2.9% $244 / Sq Ft
04/24/2023 04/24/23 For Sale $515,000 0.0% $251 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $515,000 -1.9% $251 / Sq Ft
04/03/2023 04/03/23 For Sale $525,000 -- $256 / 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 $8,423 $489,700 $179,100 $310,600
2023 $8,095 $274,500 $102,400 $172,100
2022 $7,409 $274,500 $102,400 $172,100
2021 $7,325 $277,900 $102,400 $175,500
2020 $7,075 $277,900 $102,400 $175,500
2019 $6,742 $277,900 $102,400 $175,500
2018 $5,915 $202,300 $59,100 $143,200
2017 $5,407 $202,300 $59,100 $143,200
2016 $5,149 $202,300 $59,100 $143,200
2015 $5,049 $202,300 $59,100 $143,200
2014 $5,209 $202,300 $59,100 $143,200
2013 $5,168 $211,300 $66,500 $144,800
2012 $5,001 $211,300 $66,500 $144,800
Source: Public Records

Agents Affiliated with this Home

  • Griffin Guerra

    Seller's Agent in 2023

    Griffin Guerra

    EXP Realty

    (603) 969-0018

    3 in this area

    93 Total Sales

    Section Image
  • Stacey Caruso

    Buyer's Agent in 2023

    Stacey Caruso

    Advisors Living

    (978) 914-3907

    1 in this area

    86 Total Sales

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4947521

PrimeMLS

APN: NMAR-000002-000042-000000-U000000

New Hampshire Rockingham County Newmarket 03857

7 1/2 Spring St, Newmarket, NH

This home is located at 7 1/2 Spring St, Newmarket, NH 03857 since 03 April 2023 and is currently estimated at $569,429, approximately $277 per square foot. This property was built in 1900. 7 1/2 Spring St is a home located in Rockingham County with nearby schools including Newmarket Elementary School, Newmarket Junior High School, and Newmarket Senior High School.

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