NOT LISTED FOR SALE

Estimated Value: $342,000 - $409,000

6 Beds
2 Baths
1,901 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $375,000 $197 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,415/month

2 Days on Market

Highlights

  • River Front
  • Attic
  • Porch
  • Colonial Architecture
  • No HOA
  • Tandem Parking

About This Home

As of April 2024

Fantastic investment opportunity to own this updated and well maintained in town duplex in Berwick. Two units side by side each consisting of three bedrooms and one full bath with separate utilities. Terrific location on the town lines of Berwick and Somersworth, NH for tax free shopping. Excellent restaurants within walking distance in both towns and add'l amenities. Buy today to build equity and wealth for your future!

Last Listed By

Heather Kelly

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 03/11/2024

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • River Front
  • Level Lot

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,901 Sq Ft Home
  • 3-Story Property
  • Water Views
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Carpet
  • Laminate

Basement

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

Parking

  • Tandem Parking
  • Gravel Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Exclusions: Dishwasher in Unit A belongs to tenant
  • Tax Lot 48
  • Assessor Parcel Number BERW-000004U-000000-000048

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,504
  • Gross Income $31,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,332

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • Water Body Name: Salmon Falls River
  • MLS Status: Closed
  • Directions: GPS Friendly.
  • Above Grade Finished Sq Ft: 1901.0
  • Architectural Style: Colonial, New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1901.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 31500.0
  • Income Expenses Operating Expenses: 7504.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Aluminum Siding: Yes
  • Style:New Englander: Yes
  • Parking:Tandem2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Laminate, Carpet
  • Interior Amenities: Attic
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping
  • Waterfront Features: River
  • Waterfront: No
  • Exclusions: Dishwasher in Unit A belongs to tenant
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Stone, Other
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, On Site, Off Street, Tandem

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: BERW-000004U-000000-000048
  • Zoning: SC/I

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31500.0
  • Annual Operating Expense: 7504.0

Tax Info

  • Tax Annual Amount: 3332.41
  • Tax Book Number: 18842
  • Tax Lot: 48
  • Tax Map Number: 004
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 26, 2024
Sold by
Higgins Brian and Zwirn Jessica
Bought by
Russell Kyle
Seller's Agent
Heather Kelly
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Erin Chisholm
EXIT Oceanside Realty
List Price
$375,000
Sold Price
$375,000
Total Days on Market
2
Views
38
Current Estimated Value
$380,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,387
Avg. Annual Appreciation
1.39%
Original Mortgage
$281,250
Outstanding Balance
$278,505
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,882

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 18, 2021
Sold by
Flores Michael E and Flores Joan
Bought by
Higgins Brian and Zwirn Jessica
Seller's Agent
Michael Weisman
EXP Realty
Buyer's Agent
Heather Kelly
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$265,000
Sold Price
$238,000
Premium/Discount to List
-$27,000
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.77%
Original Mortgage
$178,500
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 7, 2015
Closed on
Nov 3, 2016
Sold by
Dee James M and Walker Bonnie L
Bought by
Flores Michael A and Flores Joan
Seller's Agent
Karen Cudworth
Lakeside Realty, LLC
Buyer's Agent
Christy Arnett
Bean Group
List Price
$135,000
Sold Price
$129,000
Premium/Discount to List
-$6,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%

Purchase Details

Closed on
Sep 18, 2006
Sold by
Dumont Shirley A and Dumont Joseph P
Bought by
Dee Bonnie L and Dee James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,040,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

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
Russell Kyle $375,000 Stewart Title
Russell Kyle $375,000 Stewart Title
Higgins Brian -- Misc Company
Higgins Brian -- Misc Company
Flores Michael A -- --
Flores Michael A -- --
Dee Bonnie L -- --
Dee Bonnie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Kyle $281,250
Closed Russell Kyle $281,250
Previous Owner Higgins Brian $178,500
Previous Owner Flores Michael E $122,500
Previous Owner Dee Bonnie L $11,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $375,000 0.0% $197 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $375,000 +57.6% $197 / Sq Ft
10/18/2021 10/18/21 Sold $238,000 -10.2% $138 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $265,000 +105.4% $153 / Sq Ft
10/31/2016 10/31/16 Sold $129,000 -4.4% $75 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
06/07/2015 06/07/15 For Sale $135,000 -- $78 / Sq Ft
Source: Maine Listings

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 $3,672 $294,500 $65,000 $229,500
2023 $3,332 $181,900 $46,500 $135,400
2022 $3,314 $181,900 $46,500 $135,400
2021 $3,104 $169,600 $46,500 $123,100
2020 $2,977 $169,600 $46,500 $123,100
2019 $2,977 $169,800 $46,500 $123,300
2018 $2,756 $160,700 $43,800 $116,900
2017 $2,756 $160,700 $43,800 $116,900
2016 $2,621 $160,800 $43,800 $117,000
2014 $2,557 $160,800 $43,800 $117,000
2013 $2,581 $160,800 $43,800 $117,000
Source: Public Records

Agents Affiliated with this Home

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Similar Home in the area

  • 234-236 Main St, Somersworth, NH 03878

    $425,000

    • 4 Beds
    • 2 Baths
    • 2,224 Sq Ft
    • 234-236 Main St
    • Somersworth, NH

    This is a rare opportunity to purchase 2 houses on the same lot! Investors take notice! Perfect situation for a owner occupied property where the tenants pay your mortgage! Each unit has 2 bedrooms and 1 bath and located in downtown Somersworth with off street parking, separate meters and a small yard for each unit. Close to major routes and tons of shopping.

    Barbara Marzoli KW Coastal and Lakes & Mountains Realty

    Section Image

Source: Maine Listings

MLS Number: 1583811

Maine Listings

APN: BERW-000004U-000000-000048