NOT LISTED FOR SALE

9 - 11 Nichols Ave Newmarket, NH 03857

Estimated Value: $550,000 - $637,000

6 Beds
4 Baths
3,046 Sq Ft
$190/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $255,000 $84 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,759/month

34 Days on Market

Highlights

  • Hot Water Heating System
  • Newmarket Elementary School Rated A-
  • 3 Car Garage

About This Home

As of June 2014

Great opportunity to owner occupy or add to your investment portfolio near downtown Newmarket. Side by side duplex with great rental history, 3 bedrooms in each unit, many upgrades done within the owner's unit. This property includes a patio area and nice sized yard with gardens. This is one of the few properties in the area with a Garage! Use 2 bays for 1 unit and separate 1 bay for the second. Building has a semi-finished 3rd floor that could easily be converted to additional bedrooms. Potential for additional income!

Last Agent to Sell the Property

Sean Peters

KW Coastal and Lakes & Mountains Realty License #068486 Listed on: 03/26/2014

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Lisa Nicholson

Cheney Realty, LLC License #061452

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,397

Year Built

  • Built in 1890

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,046 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Newmarket Elementary School
  • Newmarket Junior High School

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 200+ Amp Service

Community Details

  • 2 Units
  • Gross Income $15,600

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,397

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Directions: Cross the Lamprey River Bridge on 108, Turn right on Elm Street, Turn Right on Nichols Ave, Property is on the left
  • Flood Zone: Unknown
  • Assessment Amount: 248900
  • Assessment Year: 2011
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 83.72
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 3046
  • Year Built: 1890
  • List Agent: 16888
  • Architectural Style: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Off Boiler
  • Basement: Yes
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 3046

Exterior Features

  • Driveway: Paved
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Architectural, Shingle - Asphalt
  • Construction Type: Wood Frame, Vinyl Exterior

Garage/Parking

  • Garage Capacity: 3
  • Parking: Detached, Garage, Paved
  • Garage: Yes

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Hot Water, Radiator
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Water Source: Public

Schools

  • Elementary School: Newmarket Elem School

Lot Info

  • Lot Sq Ft: 10454
  • Lot Acres: 0.24
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 3526
  • Deed Page: 1299
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Sewer, Water

Multi Family

  • Gross Income: 15600
  • Total Full Baths: 4
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 6397
  • Tax Year: 2011

MLS Schools

  • School Middle Jr: Newmarket Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Connery William H
Bought by
Knowles Builders Llc
Current Estimated Value
$579,579

Purchase Details

Listed on
Mar 26, 2014
Closed on
Jul 3, 2014
Sold by
Keefe Jane E
Bought by
Connery 3Rd William H
Seller's Agent
Sean Peters
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Lisa Nicholson
Cheney Realty, LLC
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Dec 12, 2000
Sold by
Randolph John E
Bought by
Sink Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,450
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knowles Builders Llc $280,000 None Available
Knowles Builders Llc $280,000 None Available
Connery 3Rd William H $255,000 --
Connery 3Rd William H $255,000 --
Sink Jane E $177,000 --
Sink Jane E $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sink Jane E $175,750
Previous Owner Sink Jane E $195,000
Previous Owner Sink Jane E $150,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $255,000 -3.8% $84 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $265,000 -- $87 / 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 $8,631 $501,800 $174,900 $326,900
2023 $8,761 $297,100 $100,000 $197,100
2022 $8,019 $297,100 $100,000 $197,100
2021 $7,832 $297,100 $100,000 $197,100
2020 $7,607 $298,800 $100,000 $198,800
2018 $7,114 $243,300 $58,000 $185,300
2017 $6,503 $243,300 $58,000 $185,300
2016 $6,192 $243,300 $58,000 $185,300
2015 $6,073 $243,300 $58,000 $185,300
2014 $6,265 $243,300 $58,000 $185,300
2013 $6,088 $248,900 $65,400 $183,500
2012 $5,891 $248,900 $65,400 $183,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sean Peters

    KW Coastal and Lakes & Mountains Realty

    Section Image
  • Lisa Nicholson

    Buyer's Agent in 2014

    Lisa Nicholson

    Cheney Realty, LLC

    (603) 953-5096

    4 in this area

    17 Total Sales

    Lisa Nicholson
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4343536

PrimeMLS

APN: NMAR-000002-000220-000000-U000000

New Hampshire Rockingham County Newmarket 03857

9 - 11 Nichols Ave, Newmarket, NH

Not Listed for Sale

MultiFamily

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