NOT LISTED FOR SALE

8 Cove Ct Rochester, NH 03867

Estimated Value: $361,000 - $410,000

3 Beds
3 Baths
2,144 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $78,000 $36 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $2,343/month

53 Days on Market

About This Home

As of March 2014

Price drastically reduced! Seller is ready to move this property today! Investment or owner occupied. 3, one bedroom units just done over with a fresh coat of paint, and new flooring. Off street parking and separate utilities.

Last Agent to Sell the Property

William Somerset

Somerset Group Real Estate License #058554 Listed on: 11/22/2013

Last Buyer's Agent

William Somerset

Somerset Group Real Estate License #058554 Listed on: 11/22/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,211

Year Built

  • Built in 1980

Lot Details

  • 10,018 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 3 Full Bathrooms
  • 2,144 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Parking

  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters

Community Details

  • 3 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • 26% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,211

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Downtown Rochester to Cove Ct. Property in back along water
  • Flood Zone: Unknown
  • Assessment Amount: 164000
  • Assessment Year: 2013
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 2
  • Price Per Sq Ft: 36.38
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 2144
  • Year Built: 1980
  • Remarks Public: Price drastically reduced! Seller is ready to move this property today! Investment or owner occupied. 3, one bedroom units just done over with a fresh coat of paint, and new flooring. Off street parking and separate utilities.
  • List Agent: 24443
  • Architectural Style: Other
  • ResoLotFeatures: City Lot
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Other
  • Flooring: Carpet, Vinyl
  • Sq Ft - Apx Finished AG: 2144

Exterior Features

  • Driveway: Paved
  • Roads: Private
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, T1-11 Exterior

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air, Wall Units
  • Cooling: Wall AC Units
  • Separate Utilities: Yes
  • Total Heat Units: 3
  • Water Source: Public

Lot Info

  • Lot Sq Ft: 10018
  • Lot Acres: 0.23
  • Surveyed: Unknown
  • Zoning: B1
  • Deed Book: 3988
  • Deed Page: 866

Tax Info

  • Tax Rate: 25.68
  • Tax Gross Amount: 4211
  • Tax Year: 2013

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2013
Closed on
Mar 28, 2014
Sold by
Fhlmc
Bought by
Morrisette 2Nd Paul N
Seller's Agent
William Somerset
Somerset Group Real Estate
Buyer's Agent
William Somerset
Somerset Group Real Estate
List Price
$119,900
Sold Price
$78,000
Premium/Discount to List
-$41,900
-34.95%
Current Estimated Value
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,000
Avg. Annual Appreciation
14.60%

Purchase Details

Closed on
Jul 15, 2013
Sold by
Laurice Haddad Ret
Bought by
Fhlmc

Purchase Details

Closed on
May 1, 2002
Sold by
Noel Steven W and Noel Joan M
Bought by
Haddad Laurice W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.13%
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
Morrisette 2Nd Paul N $78,000 --
Fhlmc $146,000 --
Haddad Laurice W $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haddad Laurice W $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2014 03/26/14 Sold $78,000 -34.9% $36 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
11/22/2013 11/22/13 For Sale $119,900 -- $56 / 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 $4,302 $289,700 $87,600 $202,100
2023 $4,543 $176,500 $39,800 $136,700
2022 $4,462 $176,500 $39,800 $136,700
2021 $4,351 $176,500 $39,800 $136,700
2020 $4,344 $176,500 $39,800 $136,700
2019 $4,395 $176,500 $39,800 $136,700
2018 $4,574 $166,200 $35,400 $130,800
2017 $4,376 $166,200 $35,400 $130,800
2016 $3,807 $134,700 $35,400 $99,300
2015 $3,792 $134,700 $35,400 $99,300
2014 $3,700 $134,700 $35,400 $99,300
2013 $4,323 $164,000 $48,600 $115,400
2012 $4,212 $164,000 $48,600 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4326905

PrimeMLS

APN: RCHE-000121-000353-000001