NOT LISTED FOR SALE

72 Union St Milford, NH 03055

Estimated Value: $421,645 - $588,000

3 Beds
2 Baths
1,871 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $240,000 $128 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,090/month

10 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Forced Air Heating System
  • Wood Flooring
  • Interior Lot

About This Home

As of July 2018

This 2-family has been professionally done and run. This home is set back from the road with deeded parking spaces. The first floor unit has 2 bedrooms, nice open space, fenced in yard and deck. The upstairs unit is a 1 bedroom with nice open space, both units having been redone in the last couple years, but so has much of the house. Not often you truly have a turn key multi-family, as the tenants pay all their own utilities AND their own water/sewer bills. So, if you're looking for an investment, this is a very easy one. If you are looking to owner occupy, you will be able to enjoy a much more cost-free living versus the typical single family and be able to have a very low monthly payment with the income offsetting your monthly mortgage payment. The property is a short walk to the Oval, Keyes field, or the Middle and High Schools. Recently vinyl sided. The pictures are of when the units were redone and vacant in June of 2015, both have tenants currently on month to month leases, each wanting to remain at this beauty. Showings to begin May 29, 2018

Last Agent to Sell the Property

James Goddard

Coldwell Banker Realty Nashua Brokerage Phone: 603-673-4000 License #042725 Listed on: 05/25/2018

Coldwell Banker Realty Nashua

Last Buyer's Agent

Tim Joyce

Keller Williams Gateway Realty License #000627

Keller Williams Gateway Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,231

Year Built

  • Built in 1860

Lot Details

  • 5,227 Sq Ft Lot
  • Interior Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,871 Sq Ft Home
  • 1.75-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Deeded Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Milford Middle School
  • Milford High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Tax Lot 153

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $25,800
  • Net Operating Income $18,727

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,231

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Milford oval to Union St. #72 is set back with #74 in front.
  • Flood Zone: Unknown
  • Footprint: 22x41
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 128.27
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2773
  • Sq Ft - Apx Total Finished: 1871
  • Year Built: 1860
  • List Agent: 14487
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Total Rooms Above Ground: 8
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 1871
  • Sq Ft - Apx Unfinished BG: 902

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Granite
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Deck, Porch - Covered

Garage/Parking

  • Parking: Deeded, Driveway

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Electric
  • Heating: Electric, Forced Air
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2

Schools

  • High School: Milford High School

Lot Info

  • Map: 29
  • Lot: 153
  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot, Interior Lot, Level, Sidewalks
  • Surveyed: Yes
  • Surveyed By: Todd Land Use
  • Zoning: A
  • Deed Book: 8667
  • Deed Page: 2195
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 25800
  • Net Income: 18727
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5231
  • Tax Year: 2017

MLS Schools

  • School District: Milford School District
  • School Middle Jr: Milford Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2019
Sold by
Graves Timothy E
Bought by
Graves Timothy E and Graves Katherine N
Current Estimated Value
$487,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,768
Outstanding Balance
$206,267
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$281,394

Purchase Details

Listed on
May 25, 2018
Closed on
Jul 19, 2018
Sold by
Bellamy Ann W
Bought by
Graves Timothy
Seller's Agent
James Goddard
Coldwell Banker Realty Nashua
Buyer's Agent
Tim Joyce
Keller Williams Gateway Realty
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$235,653
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 2, 2014
Closed on
Jun 17, 2014
Sold by
Rockwell Donnita R
Bought by
Bellamy Ann W
Seller's Agent
Nancy Hubert
Nancy Hubert Real Estate LLC
Buyer's Agent
James Goddard
Coldwell Banker Realty Nashua
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Apr 15, 2003
Sold by
Lewis Richard C
Bought by
Rockwell Donnita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
5.86%

Purchase Details

Closed on
Sep 28, 1999
Sold by
Kelley Nathan E
Bought by
Morgan Ryan Rt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Graves Timothy E -- --
Graves Timothy E -- --
Graves Timothy $240,000 --
Graves Timothy $240,000 --
Bellamy Ann W $175,000 --
Bellamy Ann W $175,000 --
Rockwell Donnita R $128,000 --
Rockwell Donnita R $128,000 --
Morgan Ryan Rt $28,000 --
Morgan Ryan Rt $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Timothy E $234,768
Closed Graves Timothy E $234,768
Previous Owner Graves Timothy $235,653
Previous Owner Morgan Ryan Rt $102,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2018 07/18/18 Sold $240,000 0.0% $128 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $239,900 +37.1% $128 / Sq Ft
06/17/2014 06/17/14 Sold $175,000 -10.3% $107 / Sq Ft View Prior Sale
04/10/2014 04/10/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $195,000 -- $119 / 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 $6,384 $269,700 $67,500 $202,200
2023 $5,979 $269,700 $67,500 $202,200
2022 $5,607 $269,700 $67,500 $202,200
2021 $5,434 $269,700 $67,500 $202,200
2020 $5,521 $217,600 $50,300 $167,300
2019 $5,651 $217,600 $50,300 $167,300
2018 $5,203 $178,000 $48,100 $129,900
2017 $5,231 $178,000 $48,100 $129,900
2016 $5,155 $178,000 $48,100 $129,900
2015 $4,281 $149,900 $48,100 $101,800
2014 $4,092 $149,900 $48,100 $101,800
2013 $4,067 $150,800 $48,100 $102,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4695606

PrimeMLS

APN: MFRD-000029-000000-000153