$535,000
SOLD OCT 25, 2024

8 Cross St Lincoln, NH 03251

4 Beds
2 Baths
1,696 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$315 Per Sq Ft

8% Below List Price

49 Days on Market

Highlights

  • Mountain View
  • Double Pane Windows
  • Vinyl Plank Flooring
  • Covered patio or porch
  • Shed
  • High Speed Internet

About This Home

As of October 2024

Location, location, location! These opportunities don’t come around often – here is your chance to own an in-town duplex in the heart of Lincoln NH. One block off Main Street, walking distance to all the shops, restaurants and stores, and only two miles to Loon Mountain. This well-maintained and updated home is turn key and ready for you. Being offered fully furnished, both apartments have been successfully rented through VRBO and seasonal rentals. Both apartments have fully updated kitchens including cabinets, countertops and appliances, including washer and dryers, as well as updated full bathrooms. The downstairs bedrooms are furnished with a queen bed in one room and a full/twin bunk in the other. Upstairs, one bedroom has a queen bed, and the other has an additional queen bed and a bunk bed. Rinnai heaters, on demand hot water heaters, metal roof, replacement windows, spray foam insulation and vinyl siding make for low maintenance, as well as separate utilities, plus an attached shed for storage. Private, partially fenced back yard, as well as a freshly graded driveway. No HOA rules or condo fees here! Use one floor for yourself and rent out the other or rent both for additional income. Come check it out for yourself and image yourself home! Seller is a NH licensed real estate broker.

Last Agent to Sell the Property

Jennifer Jutras

NOBO Real Estate Brokerage Email: Jenn@noborealestate.com License #068022 Listed on: 07/24/2024

Last Buyer's Agent

Stephen Loynd

South Peak Real Estate License #002863

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,988

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Double Pane Windows
  • Window Screens
  • Mountain Views

Flooring

  • Carpet
  • Vinyl Plank

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • Assigned Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • 200+ Amp Service
  • Propane
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: couple of personal pictures/decorations plus wicker chair upstairs.
  • Tax Block 56

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $6,174
  • Gross Income $66,631
  • Net Operating Income $59,258

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,988

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: One block off Main St / Rt 112. From I-93 South heading North. Take exit 32 onto NH-112 toward Lincoln. Turn left onto Kancamagus Hwy toward Loon Mtn. Turn left on Church Street. Turn right onto Cross Street. The house is on your right.
  • Construction: Existing
  • Items Excluded: couple of personal pictures/decorations plus wicker chair upstairs.
  • Total Stories: 2
  • Price Per Sq Ft: 315.45
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2268
  • Sq Ft - Apx Total Finished: 1696
  • Year Built: 1900
  • Remarks Public: Location, location, location! These opportunities don’t come around often – here is your chance to own an in-town duplex in the heart of Lincoln NH. One block off Main Street, walking distance to all the shops, restaurants and stores, and only two miles to Loon Mountain. This well-maintained and updated home is turn key and ready for you. Being offered fully furnished, both apartments have been successfully rented through VRBO and seasonal rentals. Both apartments have fully updated kitchens including cabinets, countertops and appliances, including washer and dryers, as well as updated full bathrooms. The downstairs bedrooms are furnished with a queen bed in one room and a full/twin bunk in the other. Upstairs, one bedroom has a queen bed, and the other has an additional queen bed and a bunk bed. Rinnai heaters, on demand hot water heaters, metal roof, replacement windows, spray foam insulation and vinyl siding make for low maintenance, as well as separate utilities, plus an attached shed for storage. Private, partially fenced back yard, as well as a freshly graded driveway. No HOA rules or condo fees here! Use one floor for yourself and rent out the other or rent both for additional income. Come check it out for yourself and image yourself home! Seller is a NH licensed real estate broker.
  • List Agent: 5261
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Duplex
  • ResoLotFeatures: Level, Mountain View
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater–Gas–LP/Bttle, Water Heater – On Demand, Water Heater – Separate, Water Heater – Tankless
  • Flooring: Carpet, Vinyl Plank
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Insulated, Unfinished
  • Sq Ft - Apx Finished AG: 1696
  • Sq Ft - Apx Unfinished AG: 252
  • Sq Ft - Apx Unfinished BG: 320

Exterior Features

  • Driveway: Gravel
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal
  • Easements: Yes
  • Features Exterior: Fence - Partial, Porch - Covered, Shed, Window Screens, Windows - Double Pane
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking: Assigned, Driveway

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Direct Vent, Hot Air, Monitor Type
  • 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
  • Utilities: Cable - Available, Gas - Lp/Bottle, Telephone Available
  • Water Source: Public

Schools

  • School District: Lincoln/Woodstock SAU #16

Lot Info

  • Map: 118
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Surveyed: Unknown
  • Zoning: VC
  • Deed Book: 4386
  • Deed Page: 0828
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 66631
  • Net Income: 59258
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 2988
  • Tax Year: 2024

MLS Schools

  • School District: Lincoln/Woodstock SAU #16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Oct 25, 2024
Sold by
Pillsbury Michael C and Jutras Jennifer A
Bought by
Klaus Brian A
Seller's Agent
Jennifer Jutras
NOBO Real Estate
Buyer's Agent
Stephen Loynd
South Peak Real Estate
List Price
$579,900
Sold Price
$535,000
Premium/Discount to List
-$44,900
-7.74%
Views
42
Current Estimated Value
$536,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,837
Avg. Annual Appreciation
13.35%
Original Mortgage
$335,000
Outstanding Balance
$332,051
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$258,605

Purchase Details

Listed on
Nov 14, 2017
Closed on
Sep 6, 2018
Sold by
Dam Alice
Bought by
Pillsbury Michael C and Jutras Jennifer A
Seller's Agent
Randi Mackay
Century 21 Mountainside Realty
Buyer's Agent
Jennifer Jutras
NOBO Real Estate
List Price
$249,900
Sold Price
$215,000
Premium/Discount to List
-$34,900
-13.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Original Mortgage
$161,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2017
Sold by
Dam Alice
Bought by
K & J Rt

Purchase Details

Closed on
Dec 23, 2009
Sold by
Household Finance Corp
Bought by
Dam Alice

Purchase Details

Closed on
Dec 9, 2009
Sold by
Strickland Thomas O
Bought by
Household Finance Corp
Source: Public Records

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Range of Values:

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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 $535,000 None Available
Warranty Deed $535,000 None Available
Warranty Deed $535,000 None Available
Warranty Deed $535,000 None Available
Warranty Deed $215,000 --
Warranty Deed $215,000 --
Warranty Deed $44,933 --
Warranty Deed $44,933 --
Deed $51,000 --
Deed $51,000 --
Foreclosure Deed $104,900 --
Foreclosure Deed $104,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $57,000 Stand Alone Refi Refinance Of Original Loan
Open $335,000 Purchase Money Mortgage
Closed $335,000 Purchase Money Mortgage
Previous Owner $165,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $161,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $535,000 -7.7% $315 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $579,900 +169.7% $342 / Sq Ft
09/04/2018 09/04/18 Sold $215,000 -6.5% $145 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
04/17/2018 04/17/18 Price Changed $230,000 -6.1% $155 / Sq Ft
03/21/2018 03/21/18 Price Changed $245,000 -2.0% $165 / Sq Ft
11/14/2017 11/14/17 For Sale $249,900 -- $168 / 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 $2,988 $255,800 $136,600 $119,200
2023 $2,988 $255,800 $136,600 $119,200
2022 $2,699 $255,800 $136,600 $119,200
2021 $2,696 $255,800 $136,600 $119,200
2018 $2,168 $153,100 $46,900 $106,200
2016 $2,019 $153,100 $46,900 $106,200
2015 $2,198 $159,500 $63,700 $95,800
2014 $2,201 $159,500 $63,700 $95,800
2009 $1,429 $156,840 $95,380 $61,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5006465

PrimeMLS

APN: LNCO-000118-056000