NOT LISTED FOR SALE

9 Dover Rd Durham, NH 03824

Estimated Value: $589,000

6 Beds
3 Baths
2,671 Sq Ft
$221/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2015

Last sale price $411,500 $154 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,770 / mo

32 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 2-minute walk to Old landing Picnic Park
  • Mast Way School Rated A-
  • Baseboard Heating

About This Home

As of May 2015

Extremely well maintained, managed and located 3 unit property. All units are rented, with rental increases, for the 2015-16 school year. Features include an 8 yr old roof, 4 yr old heating system and 10 on-site parking spots(2 spaces are leased to non-residents). Owner received $1,000($500 each) for the two spaces this year and this will go to $1,400 in 2015-16. Unit #1 (3 BR) is rented until May of 2015 for $2,175 per month or $725 per person. Unit #2 (2 BR) is rented until May of 2015 for $1,450 per month or $725. per person. For the 2015-16 school year these two units are leased for $2,325(3 BR) and $1,550(2 BR),or $775 per person, respectively. NOI will go to $44,300 next year which results in a 9.8% capitalization rate at list price!

Last Agent to Sell the Property

Joseph Nelson

Bean Group / Portsmouth Brokerage Phone: 603-781-8392 License #011076 Listed on: 03/16/2015

Last Buyer's Agent

Ashley Child

KW Coastal and Lakes & Mountains Realty License #069270

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,307

Year Built

  • Built in 1940

Lot Details

  • 11,761 Sq Ft Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • Paved Parking
  • On-Site Parking
  • 6 to 12 Parking Spaces

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 110 Volts
  • 100 Amp Service

Listing and Financial Details

  • Rent includes heat, hot water

Community Details

Overview

  • 3 Units

Building Details

  • 2 Leased Units
  • Gross Income $57,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,307

Year Built

Built in 1940

Lot Details

0.27 Acres

Listing Details

  • Directions: Coming out of Downtown to gasoline alley and the property is on the left right after Gibbs gas station. At the corner of Bayview Road.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1940
  • Architectural Style: Walkout Lower Level
  • ResoLotFeatures: Corner Lot, Near Public Transit
  • Road Frontage Type: Paved, Public
  • Attribution Contact: Cell: 603-781-8392
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2053.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2671
  • Basement_Access_Type: Walkout
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater–Natural Gas
  • Total Bedrooms: 6
  • Basement: Apartment, Finished, Full
  • Basement YN: Yes
  • Below Grade Sq Ft: 618.0

Exterior Features

  • Driveway: Paved
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Vinyl Exterior
  • Foundation Details: Concrete, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Parking Spaces 5 - 10, Parking Spaces 6+

Utilities

  • Electric: 100 Amp Service, 110 Volt
  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Hot Water
  • Trash: Dumpster
  • Water Source: Public

Fee Information

  • Trash Expense: 1337.0

Lot Info

  • Surveyed: Yes
  • Zoning: C
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761.0

Rental Info

  • Rent Includes: Heat, Hot Water

Multi Family

  • Gross Income: 57700.0
  • Number Of Units Total: 3
  • Insurance Expense: 2100.0
  • Maintenance Expense: 2000.0
  • Number Of Units Leased: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7307.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2002
Sold by
Bought by
Current Estimated Value
$589,000
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$135,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2015 05/20/15 Sold $411,500 -8.5% $154 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $449,900 -- $168 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2021 $10,539 $377,600 $120,000 $257,600
2020 $12,362 $445,800 $165,000 $280,800
2019 $12,111 $445,800 $165,000 $280,800
2018 $6,050 $445,800 $165,000 $280,800
2017 $11,622 $379,300 $132,000 $247,300
2016 $11,277 $379,300 $132,000 $247,300
2015 $11,322 $379,300 $132,000 $247,300
2014 $7,306 $239,400 $71,700 $167,700
2013 $7,280 $239,400 $71,700 $167,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4407415

PrimeMLS

APN: DRHM-000004-000041-000001

Your Personal Tour Guide

Ask me questions while you tour the home.