NOT LISTED FOR SALE

8 Mountain Rd Raymond, NH 03077

Estimated Value: $472,000 - $573,000

4 Beds
2 Baths
1,560 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $280,000 $179 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,158/month

2 Days on Market

Highlights

  • 1.97 Acre Lot
  • Deck
  • Double Pane Windows
  • Countryside Views
  • Wooded Lot
  • Baseboard Heating

About This Home

As of June 2019

Wonderful two-family just listed in Raymond! If you’re considering investing in a multi-family, or thinking about living on one side and renting out the other side to help pay the mortgage, this is the place! Two 2-bedroom mirror-image units with great layouts and a full walk out basement (with washer dryer hookups); Side A has been completely renovated with brand new kitchen cabinets and appliances, all new flooring, new paint, new bathroom, it’s completely turnkey. Side B has newer appliances, new flooring and windows. Situated on a spacious parcel of land with a wooded backyard, each side has a private deck off of its kitchen. This property is easy to manage with each side having its own separate utilities, electric heat and hot water. Book your showing today!

Last Agent to Sell the Property

Rick and Pam Adami

KW Coastal and Lakes & Mountains Realty/N Conway License #068844 Listed on: 05/16/2019

KW Coastal and Lakes & Mountains Realty/N Conway

Last Buyer's Agent

Linda Jennings

BHHS Verani Salem License #070527

BHHS Verani Salem

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 1986

Lot Details

  • 1.97 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,560 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Window Screens
  • Countryside Views

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Lamprey River Elementary School
  • Iber Holmes Gove Middle Sch
  • Raymond High School

Utilities

  • Baseboard Heating
  • Separate Meters
  • 200+ Amp Service
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 105

Community Details

Overview

  • 2 Units
  • Real Property Mgmt Association, Phone Number (603) 343-2202

Building Details

  • Gross Income $22,758
  • Net Operating Income $20,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,328

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex, Multi-Family, Ranch, Walkout Lower Level
  • Directions: From Rte 27, take Rte 156 North for 1.5 miles. Turn left on Mountain Rd, property is 1/10 mile up on Left. Sign on property.
  • Flood Zone: Unknown
  • Footprint: 26 x 60
  • Assessment Amount: 202200
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 179.49
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3120
  • Sq Ft - Apx Total Finished: 1560
  • Year Built: 1986
  • List Agent: 20915
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Rooms Above Ground: 8
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Daylight, Walkout, Interior Access
  • Sq Ft - Apx Finished AG: 1560
  • Sq Ft - Apx Unfinished BG: 1560

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Window Screens, Windows - Double Pane

Garage/Parking

  • Parking: Off Street

Utilities

  • Cable Company: Comcast
  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Private
  • Water: Private
  • Water Heater: Electric, Free Standing
  • Heating Fuel: Electric
  • Heating: Baseboard, Electric
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Condo/Co-op/Association

  • Mgmt Co Phone: 603-343-2202
  • Management Company: Real Property Mgmt

Schools

  • Elementary School: Lamprey River Elementary
  • High School: Raymond High School

Lot Info

  • Map: 041
  • Lot: 105
  • Lot Sq Ft: 85813
  • Lot Acres: 1.97
  • Lot Description: Country Setting, Level, Wooded
  • Surveyed: Unknown
  • Zoning: B
  • Deed Book: 5610
  • Deed Page: 0463
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 22758
  • Net Income: 20164
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5328
  • Tax Year: 2018

MLS Schools

  • School District: Raymond
  • School Middle Jr: Iber Holmes Gove Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 24, 2019
Sold by
Hansell John
Bought by
Suljkanovic Lejla and Camdzic-Siljic Midheta
Seller's Agent
Rick and Pam Adami
KW Coastal and Lakes & Mountains Realty/N Conway
Buyer's Agent
Linda Jennings
BHHS Verani Salem
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$503,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,897
Avg. Annual Appreciation
9.33%
Original Mortgage
$274,928
Outstanding Balance
$238,713
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$265,184

Purchase Details

Listed on
Feb 13, 2015
Closed on
Apr 17, 2015
Sold by
Fraser Robert
Bought by
Hansell John
Seller's Agent
Terri Fraser
Classic Homes Realty, LLC
Buyer's Agent
Rick and Pam Adami
KW Coastal and Lakes & Mountains Realty/N Conway
List Price
$189,000
Sold Price
$180,875
Premium/Discount to List
-$8,125
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%

Purchase Details

Closed on
Jul 6, 2012
Sold by
Fraser Robert W
Bought by
Mclellan William and Mclellan Sharon

Purchase Details

Closed on
Aug 26, 1998
Sold by
Fraser Brothers Rlty I
Bought by
Fraser Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Suljkanovic Lejla $280,000 --
Suljkanovic Lejla $280,000 --
Suljkanovic Lejla $280,000 --
Hansell John $180,933 --
Hansell John $180,933 --
Mclellan William $224,600 --
Mclellan William $224,600 --
Fraser Robert $78,000 --
Fraser Robert $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suljkanovic Lejla $274,928
Closed Suljkanovic Lejla $274,928
Previous Owner Fraser Robert $150,000
Previous Owner Fraser Robert $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2019 06/24/19 Sold $280,000 +1.8% $179 / Sq Ft
05/18/2019 05/18/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $275,000 +52.0% $176 / Sq Ft
04/17/2015 04/17/15 Sold $180,875 -4.3% $116 / Sq Ft View Prior Sale
03/02/2015 03/02/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $189,000 -- $121 / Sq Ft
Source: PrimeMLS

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 $6,466 $295,100 $106,800 $188,300
2023 $6,114 $295,100 $106,800 $188,300
2022 $5,397 $295,100 $106,800 $188,300
2021 $5,462 $295,100 $106,800 $188,300
2020 $5,298 $202,200 $76,300 $125,900
2019 $5,376 $202,200 $76,300 $125,900
2018 $5,328 $202,200 $76,300 $125,900
2017 $4,893 $202,200 $76,300 $125,900
2016 $4,800 $202,200 $76,300 $125,900
2015 $5,086 $202,800 $76,300 $126,500
2014 $4,937 $202,900 $76,300 $126,600
2013 $4,797 $202,900 $76,300 $126,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4751912

PrimeMLS

APN: RAYM-000041-000000-000105