NOT LISTED FOR SALE

8 Ash St Somersworth, NH 03878

Estimated Value: $406,000 - $552,000

5 Beds
4 Baths
3,147 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $259,900 $83 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,048/month

3 Days on Market

Highlights

  • Open Lot
  • Garden Home
  • 1-minute walk to Ash Street Park

About This Home

As of April 2021

Investment opportunity! Ideal for an owner-occupied buyer! 3 unit multi-family money maker is ready for a new owner. All currently occupied units are on monthly leases. Units A and B renovated two years ago. Multiple vehicle off street parking available for all units. Walk up attic for Units A & B allow for plenty of storage. Close to major commuter routes and amenities. Conventional financing or cash would be most suitable for this property. For more information or to set up a showing appointment, contact: Kristie Jorgensen, Legacy Properties Sothebys International Realty, Cell:603-767-7182; Email: kjorgensen@legacysir.com

Last Agent to Sell the Property

Kristie Jorgensen

Portside Real Estate Group License #065422 Listed on: 03/12/2021

Last Buyer's Agent

Liz Madison

KW Coastal and Lakes & Mountains Realty License #072598

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,842

Year Built

  • Built in 1912

Lot Details

  • 5,663 Sq Ft Lot
  • Open Lot
  • Lot Sloped Up

Home Design

  • Garden Home
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,147 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Parking

  • Dirt Driveway
  • Paved Parking

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Available at Street
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Block 119

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $29,000
  • Net Operating Income $18,469

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,842

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Garden, Multi-Family
  • Directions: From High Street, take South Street, take left onto Green Street and quick right onto Ash Street, property is 2nd building on the right.
  • Assessment Amount: 250800
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 82.59
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3147
  • Sq Ft - Apx Total Finished: 3147
  • Property Type: Multi-Family
  • Year Built: 1912
  • Remarks Public: Investment opportunity! Ideal for an owner-occupied buyer! 3 unit multi-family money maker is ready for a new owner. All currently occupied units are on monthly leases. Units A and B renovated two years ago. Multiple vehicle off street parking available for all units. Walk up attic for Units A & B allow for plenty of storage. All units on separate electric meters. Close to major commuter routes and amenities. Conventional financing or cash would be most suitable for this property.
  • L A1 M M S I Memberkey: 609890
  • List Agent: 14072
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 72866
  • S A1 M M S I Memberkey: 618000
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 70137
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3147

Exterior Features

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

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Electric, Gas Heater
  • Separate Utilities: Yes
  • Utilities: Gas - At Street

Lot Info

  • Map: 9
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: Open
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 4499
  • Deed Page: 0058
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 29000
  • Net Income: 18469
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 6842
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2017
Sold by
Mrowka Chris
Bought by
Kwok Fei C and Lo Siana S
Current Estimated Value
$458,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,200
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Kwok Fei C $133,600 --
Kwok Fei C $133,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwok Fei C $100,200
Closed Kwok Fei C $100,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $259,900 0.0% $83 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $259,900 -- $83 / 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 $7,411 $396,300 $59,700 $336,600
2023 $7,290 $248,800 $24,200 $224,600
2022 $6,989 $248,800 $24,200 $224,600
2021 $6,849 $248,800 $24,200 $224,600
2020 $6,929 $248,800 $24,200 $224,600
2019 $6,842 $250,800 $24,200 $226,600
2018 $6,360 $157,300 $38,400 $118,900
2017 $5,208 $157,400 $38,400 $119,000
2016 $5,902 $156,100 $38,400 $117,700
2015 $5,034 $156,100 $38,400 $117,700
2014 $4,861 $156,100 $38,400 $117,700
Source: Public Records

Agents Affiliated with this Home

  • Kristie Jorgensen

    Seller's Agent in 2021

    Kristie Jorgensen

    Portside Real Estate Group

    (603) 767-7182

    2 in this area

    10 Total Sales

    Kristie Jorgensen
    Section Image

  • L

    Buyer's Agent in 2021

    Liz Madison

    KW Coastal and Lakes & Mountains Realty

    (603) 731-3371

    1 in this area

    10 Total Sales

    Liz Madison
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4850556

PrimeMLS

APN: SMSW-000009-000119

New Hampshire Strafford County Somersworth 03878

8 Ash St, Somersworth, NH

This home is located at 8 Ash St, Somersworth, NH 03878 since 12 March 2021 and is currently estimated at $458,324, approximately $145 per square foot. This property was built in 1912. 8 Ash St is a home located in Strafford County with nearby schools including Idlehurst Elementary School, Somersworth High School, and Tri-City Christian Academy.

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