NOT LISTED FOR SALE

7 Broadway Dover, NH 03820

Estimated Value: $403,195

-- Bed
-- Bath
2,490 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $380,000 $153 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,821/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Multiple Phone Lines
  • 3-minute walk to Immigrants park
  • High Speed Internet
  • Level Lot

About This Home

As of March 2021

Here's an excellent opportunity to own an income property in downtown Dover NH. Mixed use with retail space with exposure and road frontage, two 1-bedroom apartments on the second floor that are both currently rented and producing income. There's also more square footage on the ground floor in the back. This could be an expansion to the first floor retail space, or use it for yourself as the owner of the property. As an investor, cash flow is one thing, capitol improvements are another. Not to worry, the current own has brought this property back from the dead. Starting below grade and up, many major systems have been dealt with professionally. The basement with a new floor, insulation, and a sump system. New plumbing, wiring, heating, hot water, siding, roofing, parking lot, the 100% remodel of one of the apartments. Come see for yourself why this property will continue to make money for many years to come. Downtown location, off-street parking, well maintained, cash flow, and low maintenance. A perfect property to add to your portfolio or get one started. The Dover Assessors card says 3 units. There's 3-4 depending on use.

Last Agent to Sell the Property

Susan Kenyon

KW Coastal and Lakes & Mountains Realty/Dover License #072629 Listed on: 01/07/2021

KW Coastal and Lakes & Mountains Realty/Dover

Co-Listed By

Jonathan Kenyon

KW Coastal and Lakes & Mountains Realty/Dover License #065689

Last Buyer's Agent

Martha Baroody

East Coast Group One Realty License #055611

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,219

Year Built

  • Built in 1875

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,490 Sq Ft Home
  • 1.5-Story Property
  • Laminate Flooring

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Basement Storage

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Schools

  • Dover Middle School
  • Dover High School

Utilities

  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • 200+ Amp Service
  • Water Heater
  • High Speed Internet
  • Multiple Phone Lines

Community Details

  • 3 Units
  • Operating Expense $9,690

Listing and Financial Details

  • Tax Block 57

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,219

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape, Multi-Level
  • Directions: NH-16 N to NH-108 N/Central Ave in Dover. Take exit 7 from NH-16 N. Merge onto NH-108 N/Central Ave. Turn right onto Central Ave. Turn right onto Washington St. Turn left onto Main St. Turn right onto Broadway.
  • Flood Zone: Unknown
  • Assessment Amount: 167500
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 152.61
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3290
  • Sq Ft - Apx Total Finished: 2490
  • Year Built: 1875
  • List Agent: 16902
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Insulated, Stairs - Interior, Storage Space, Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 2490
  • Sq Ft - Apx Unfinished BG: 800

Exterior Features

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

Garage/Parking

  • Parking: Assigned, Driveway, Off Street, Parking Spaces 2

Utilities

  • Cable Company: Comcast
  • Electric: 200 Amp, Circuit Breaker(s)
  • Fuel Company: DF Richard
  • Sewer: Public
  • Water: Public
  • Water Heater: Free Standing, Separate
  • Heating Fuel: Electric, Oil
  • Heating: Wall Units
  • Cooling: Individual
  • Electric Company: Eversource
  • Phone Company: Comcast
  • Separate Utilities: Varies
  • Trash: Curbside
  • Utilities: High Speed Intrnt -Atsite, Internet - Cable, Multi Phone Lines

Schools

  • High School: Dover High School

Lot Info

  • Map: 3
  • Lot Sq Ft: 3049
  • Lot Acres: 0.07
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: CBD
  • Deed Book: 4183
  • Deed Page: 0100
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 3
  • Total1 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4219
  • Tax Year: 2019

MLS Schools

  • School District: Dover School District SAU #11
  • School Middle Jr: Dover Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2013
Closed on
Nov 27, 2013
Sold by
Doan Tam and Doan Nancy
Bought by
7 Broadway Llc
Seller's Agent
Madeline Lockhardt
Oyster River Real Estate
Buyer's Agent
Jonathan Kenyon
KW Coastal and Lakes & Mountains Realty/Dover
List Price
$189,000
Sold Price
$150,000
Premium/Discount to List
-$39,000
-20.63%
Current Estimated Value
$403,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,195
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
May 5, 1999
Sold by
Wong John
Bought by
Doan Tam and Doan Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7 Broadway Llc $150,000 --
7 Broadway Llc $150,000 --
Doan Tam $70,000 --
Doan Tam $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doan Tam $49,000
Closed Doan Tam $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2021 03/01/21 Sold $380,000 -3.8% $153 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $395,000 +163.3% $159 / Sq Ft
12/17/2013 12/17/13 Sold $150,000 -20.6% $72 / Sq Ft View Prior Sale
11/09/2013 11/09/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $189,000 -- $91 / 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 $8,484 $466,900 $158,700 $308,200
2023 $8,638 $461,900 $158,700 $303,200
2022 $6,972 $351,400 $127,700 $223,700
2021 $6,996 $322,400 $127,700 $194,700
2020 $4,192 $168,700 $77,500 $91,200
2019 $4,219 $167,500 $77,500 $90,000
2018 $4,112 $165,000 $77,500 $87,500
2017 $4,124 $159,400 $73,600 $85,800
2016 $4,172 $158,700 $73,600 $85,100
2015 $3,837 $144,200 $73,600 $70,600
2014 $3,686 $141,700 $73,600 $68,100
2011 $4,213 $167,700 $116,100 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4843365

PrimeMLS

APN: DOVR-003057