NOT LISTED FOR SALE

86 Main St Newmarket, NH 03857

Estimated Value: $1,961,301

-- Bed
1 Bath
5,951 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $1,850,000 $311 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,670/month

74 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 3-minute walk to Schanda Conservation Park
  • Newmarket Elementary School Rated A-
  • Mini Split Air Conditioners

About This Home

As of May 2024

86 Main Street is a 5,951± SF building located on 0.05± acres of land. It consists of 6 residential units and one commercial street-level unit. All residential units have recently undergone renovations and consist of one-bedroom units. Great location in the heart of downtown Newmarket.

Last Agent to Sell the Property

Christian Stallkamp

The Boulos Company License #064644 Listed on: 01/12/2024

Co-Listed By

Katherine Gemmecke

The Boulos Company

Last Buyer's Agent

Christian Stallkamp

The Boulos Company License #064644 Listed on: 01/12/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $14,533

Year Built

  • Built in 1873

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3.5-Story Property
  • Interior Basement Entry

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Block 51

Community Details

Overview

  • 7 Units

Building Details

  • Operating Expense $34,777
  • Gross Income $181,260
  • Net Operating Income $146,483

Property Details

Home Type

Apartment

Est. Annual Taxes

$14,533

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Assessment Amount: 492800
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 3.5
  • Price Per Sq Ft: 310.87
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 8891
  • Sq Ft - Apx Total Finished: 5951
  • Year Built: 1873
  • Remarks Public: 86 Main Street is a 5,951± SF building located on 0.05± acres of land. It consists of 6 residential units and one commercial street-level unit. All residential units have recently undergone renovations and consist of one-bedroom units. Great location in the heart of downtown Newmarket.
  • List Agent: 282215
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Unknown
  • Architectural Style: Apartment Building
  • ResoLotFeatures: Corner, Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Appliances: Water Heater – Other
  • Basement: Yes
  • Basement Access Type: Interior
  • Sq Ft - Apx Finished AG: 5951
  • Sq Ft - Apx Unfinished AG: 1008
  • Sq Ft - Apx Unfinished BG: 1932

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Shingle - Asphalt
  • Construction Type: Other, Vinyl Siding

Utilities

  • Sewer: Public
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air
  • Cooling: Mini Split
  • Water Source: Public

Lot Info

  • Map: U2
  • Lot Sq Ft: 2178
  • Lot Acres: 0.05
  • Surveyed: Unknown
  • Zoning: M2
  • Deed Book: 6178
  • Deed Page: 1078
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 181260
  • Net Income: 146483
  • Total Units: 7
  • Total1 Bedroom Units: 6

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 14533
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
May 9, 2024
Sold by
Cc 86 Main Llc
Bought by
84-86 Main Street Llc
Seller's Agent
Christian Stallkamp
The Boulos Company
Buyer's Agent
Christian Stallkamp
The Boulos Company
List Price
$2,025,000
Sold Price
$1,850,000
Premium/Discount to List
-$175,000
-8.64%
Views
65
Current Estimated Value
$1,961,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,301
Avg. Annual Appreciation
0.55%
Original Mortgage
$1,300,000
Outstanding Balance
$1,287,433
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$575,897
Source: Public Records

Range of Values:

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Average Value
Not Available
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
84-86 Main Street Llc $1,850,000 None Available
84-86 Main Street Llc $1,850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 84-86 Main Street Llc $1,300,000
Closed 84-86 Main Street Llc $1,300,000
Previous Owner Cc 86 Main Llc $1,455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,850,000 0.0% $311 / Sq Ft
04/17/2024 04/17/24 Off Market $1,850,000 -- --
03/26/2024 03/26/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $2,025,000 -- $340 / 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 $12,805 $744,500 $459,900 $284,600
2023 $14,533 $492,800 $210,100 $282,700
2022 $13,301 $492,800 $210,100 $282,700
2021 $12,990 $492,800 $210,100 $282,700
2020 $6,360 $492,800 $210,100 $282,700
2018 $9,328 $319,000 $116,700 $202,300
2017 $8,527 $319,000 $116,700 $202,300
2016 $8,119 $319,000 $116,700 $202,300
2015 $7,962 $319,000 $116,700 $202,300
2014 $8,214 $319,000 $116,700 $202,300
2013 $8,573 $350,500 $119,100 $231,400
2012 $8,296 $350,500 $119,100 $231,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4982106

PrimeMLS

APN: NMAR-000002-000051-000000-U000000