$258,500
SOLD APR 19, 2019

7 Walnut St Somersworth, NH 03878

8 Beds
4 Baths
3,337 Sq Ft
0.32 Acres

Recently Sold

$77 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • 1 Car Detached Garage
  • Wood Siding
  • 3-minute walk to Jules Bisson Park
  • Baseboard Heating
  • Walk-Up Access

About This Home

As of December 2022

Great investment or owner occupied property. Total of 3 units; One unit is a 4BR/2BA with water meter separate from other 2 units. Two other units are 2BR/1BA units. Detached Garage and a barn for tenant storage or can be used as an additional income generator. Large shared backyard, plenty of off street parking and a great commuter location makes this property a perfect rental. All 3 units are currently tenant occupied with long term rental history ranging from 2 to 13 years.

Last Agent to Sell the Property

Chad Faria

License #074486 Listed on: 03/28/2019

Last Buyer's Agent

Chad Faria

License #074486 Listed on: 03/28/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,532

Year Built

  • Built in 1880

Lot Details

  • 0.32 Acre Lot
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 3,337 Sq Ft Home
  • 2-Story Property

Basement

  • Walk-Up Access
  • Dirt Floor

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,532

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Assessment Amount: 197400
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 77.46
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3337
  • Sq Ft - Apx Total Finished: 3337
  • Year Built: 1880
  • Remarks Public: Great investment or owner occupied property. Total of 3 units; One unit is a 4BR/2BA with water meter separate from other 2 units. Two other units are 2BR/1BA units. Detached Garage and a barn for tenant storage or can be used as an additional income generator. Large shared backyard, plenty of off street parking and a great commuter location makes this property a perfect rental. All 3 units are currently tenant occupied with long term rental history ranging from 2 to 13 years.
  • List Agent: 283621
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 3337

Exterior Features

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

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural, Oil
  • Heating: Baseboard, Gas Heater

Lot Info

  • Map: 09
  • Lot: 178
  • Lot Sq Ft: 13939
  • Lot Acres: 0.32
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 4574
  • Deed Page: 0988
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 6532
  • Tax Year: 2017

Multi Family

  • Total Units: 3
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Apr 19, 2019
Sold by
Ragnarsson Axel
Bought by
James G & M Ducharme Ret and Ducharme
Seller's Agent
Chad Faria
Buyer's Agent
Chad Faria
List Price
$265,000
Sold Price
$258,500
Premium/Discount to List
-$6,500
-2.45%
Current Estimated Value
$474,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,426
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Jun 12, 2018
Sold by
Brown Stephen A
Bought by
Ragnarsson Axel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 4, 2010
Sold by
Laliberte Al
Bought by
Brown Stephen A

Purchase Details

Closed on
Apr 9, 2010
Sold by
Stackpole David A
Bought by
Laliberte Al
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 Type Sale Price Title Company
Warranty Deed $258,533 --
Warranty Deed $258,533 --
Warranty Deed $195,000 --
Warranty Deed $195,000 --
Deed $115,000 --
Deed $115,000 --
Foreclosure Deed $51,000 --
Foreclosure Deed $51,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,000 Stand Alone Refi Refinance Of Original Loan
Closed $240,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $195,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $485,000 +10.5% $145 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $439,000 +69.8% $132 / Sq Ft
04/19/2019 04/19/19 Sold $258,500 -2.5% $77 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $265,000 -- $79 / 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 $10,741 $574,400 $76,200 $498,200
2023 $8,154 $278,300 $34,300 $244,000
2022 $7,174 $255,400 $34,300 $221,100
2021 $7,031 $255,400 $34,300 $221,100
2020 $7,113 $255,400 $34,300 $221,100
2019 $6,967 $255,400 $34,300 $221,100
2018 $6,595 $197,400 $57,100 $140,300
2017 $6,532 $197,400 $57,100 $140,300
2016 $6,334 $197,200 $57,100 $140,100
2015 $6,105 $189,300 $57,100 $132,200
2014 $5,895 $189,300 $57,100 $132,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4742479

PrimeMLS

APN: SMSW-000009-000178