$234,000
SOLD DEC 23, 2020

7 Springfield Ct Rochester, NH 03867

4 Beds
2 Baths
1,742 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

6% Above List Price

19 Days on Market

About This Home

As of December 2020

Well maintained multifamily home located near Rochester Fair Grounds on dead end street. Both units have good size bedrooms as well as living area. Both tenants have been there 5+ years with good payment history so you know you will have no problems with income earning potential. Additional barn that could possibly be converted into 2 more apartments for additional income or even rent out as storage. Buyer to do due diligence to see if this is possible. Sold As Is. Agent is related to seller.

Last Agent to Sell the Property

Cory Keefe

Coldwell Banker Realty Center Harbor NH License #075205 Listed on: 10/08/2020

Coldwell Banker Realty Center Harbor NH

Last Buyer's Agent

Marty Patrizi

EXP Realty License #063847

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,872

Year Built

  • Built in 1901

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,742 Sq Ft Home
  • 2-Story Property
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Schools

  • William Allen Elementary School
  • Rochester Middle School
  • Spaulding High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Oil Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Washer and Dryer on first floor.
  • Tax Block 0055

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $22,140
  • Net Operating Income $15,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,872

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: GPS. Dead End Street on Right
  • Flood Zone: Unknown
  • Construction: Existing
  • Items Excluded: Washer and Dryer on first floor.
  • Total Stories: 2
  • Price Per Sq Ft: 134.33
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1742
  • Sq Ft - Apx Total Finished: 1742
  • Property Type: Multi-Family
  • Year Built: 1901
  • Remarks Public: Well maintained multifamily home located near Rochester Fair Grounds on dead end street. Both units have good size bedrooms as well as living area. Both tenants have been there 5+ years with good payment history so you know you will have no problems with income earning potential. Additional barn that could possibly be converted into 2 more apartments for additional income or even rent out as storage. Buyer to do due diligence to see if this is possible. Sold As Is. Agent is related to seller.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Interior Access
  • Sq Ft - Apx Finished AG: 1742

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Roads: Dead End, Paved
  • Roof: Shingle - Architectural

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Oil
  • Heating Fuel: Gas - Natural, Oil
  • Separate Utilities: Yes
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Schools

  • School District: Rochester School District
  • Elementary School: William Allen School
  • Middle School: Rochester Middle School
  • High School: Spaulding High School
  • Elementary School: William Allen School
  • High School: Spaulding High School

Lot Info

  • Map: 0124
  • Lot: 0000
  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: Rental Complex
  • Zoning: R2
  • Deed Book: 1705
  • Deed Page: 0601
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 22140
  • Net Income: 15500
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 3872
  • Tax Year: 2019

MLS Schools

  • School District: Rochester School District
  • School Middle Jr: Rochester Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 22, 2020
Sold by
Labrecque Nancy J
Bought by
Hurlburt Dwight and Hurlburt Ma E
Seller's Agent
Cory Keefe
Coldwell Banker Realty Center Harbor NH
Buyer's Agent
Marty Patrizi
EXP Realty
List Price
$220,000
Sold Price
$234,000
Premium/Discount to List
$14,000
6.36%
Current Estimated Value
$329,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,742
Avg. Annual Appreciation
9.79%
Original Mortgage
$239,382
Outstanding Balance
$215,432
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$140,535

Purchase Details

Closed on
Jul 26, 2019
Sold by
Labrecque Janet B
Bought by
Janet B Labrecque Ret

Purchase Details

Closed on
Aug 30, 1987
Bought by
Labrecque Janet and Labrecque Nancy J
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $234,000 None Available
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,382 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Rented $895 0.0% --
06/03/2021 06/03/21 Under Contract -- -- --
05/11/2021 05/11/21 For Rent $895 0.0% --
12/23/2020 12/23/20 Sold $234,000 +6.4% $134 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $220,000 0.0% $126 / Sq Ft
07/23/2015 07/23/15 Rented $700 -3.4% --
06/23/2015 06/23/15 Under Contract -- -- --
06/04/2014 06/04/14 For Rent $725 -33.8% --
03/27/2014 03/27/14 Rented $1,095 0.0% --
02/25/2014 02/25/14 Under Contract -- -- --
12/30/2013 12/30/13 For Rent $1,095 -- --
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 $4,562 $307,200 $87,600 $219,600
2023 $3,982 $154,700 $39,800 $114,900
2022 $3,911 $154,700 $39,800 $114,900
2021 $3,813 $154,700 $39,800 $114,900
2020 $3,827 $155,500 $39,800 $115,700
2019 $3,872 $155,500 $39,800 $115,700
2018 $3,605 $131,000 $35,400 $95,600
2017 $3,449 $131,000 $35,400 $95,600
2016 $3,038 $107,500 $35,400 $72,100
2015 $3,026 $107,500 $35,400 $72,100
2014 $2,953 $107,500 $35,400 $72,100
2013 $3,166 $120,100 $48,600 $71,500
2012 $3,084 $120,100 $48,600 $71,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4833126

PrimeMLS

APN: RCHE-000124-000055