Seller's Agent in 2017
Joan Blais
BHHS Verani Londonderry
(603) 540-5104
12 in this area
125 Total Sales
286 Concord St Manchester, NH 03104
Corey Square Neighborhood
--
Bed
--
Bath
15,826
Sq Ft
0.86
Acres
Highlights
- 0.86 Acre Lot
- Covered patio or porch
- Heating System Uses Steam
- Wood Flooring
- 2 Car Detached Garage
- Coin Laundry
About This Home
As of March 2017"WELCOME HOME": Business included with land and building! Can you manage an Independent living place for those needing a home NOW? Women w/ children, adults,etc. Daily, weekly,monthly. Waiting list to get in. Full-time salaried manager could stay for salary or to teach you. Mgr'soffice. Approx. 45 furnished rooms;plus chapel;kitchen; 56 parking spaces. Has CoC.; great woodwork; New steam/gas furnace 2010,New roof & porches 2015. Newer vinyl siding, windows,doors. Formerly owned by Diocese;also,once was a Hospital. Income varies but minimum of $25-30K per month. No evictions necessary:tenants pay in advance or leave,just like a hotel, w/under 90-day leases.Sprinklered. CASH-MAKER! Income $300K-$350K.; exp. w/ taxes $75,000; (rents are $150-$200.per week each;Of the 56 parking spaces, 30 are leased to neighbors,$50.month).; Coin-op income also.Owner is a licensed RE NH broker.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,535
Year Built
- Built in 1913
Lot Details
- 0.86 Acre Lot
- Lot Sloped Up
Parking
- 2 Car Detached Garage
- Leased Parking
Home Design
- Garden Home
- Rooming House
- Converted Dwelling
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Rolled or Hot Mop Roof
- Tar and Gravel Roof
- Wood Siding
- Vinyl Siding
- Stucco
Interior Spaces
- 15,826 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Connecting Stairway
Outdoor Features
- Covered patio or porch
Schools
- Central High School
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 01 / 01
Community Details
Building Details
- 1 Separate Gas Meter
- Gross Income $325,000
Additional Features
- 45 Units
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 21, 2021
Sold by
Together We Rise Llc
Bought by
Concord St Rentals Llc
Total Days on Market
277
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,475,000
Outstanding Balance
$2,312,870
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Dec 29, 2015
Closed on
Mar 31, 2017
Sold by
Enterpirses Fair Deal
Bought by
Together We Rise Llc
Seller's Agent
Joan Blais
BHHS Verani Londonderry
Buyer's Agent
Joan Blais
BHHS Verani Londonderry
List Price
$1,799,000
Sold Price
$1,350,000
Premium/Discount to List
-$449,000
-24.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
4.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 12, 2004
Sold by
Roman Catholic Bishop
Bought by
Fair Deal Enterprises
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,400
Interest Rate
6.32%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Concord St Rentals Llc | $3,300,000 | None Available | |
| Together We Rise Llc | $1,350,000 | -- | |
| Fair Deal Enterprises | $530,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Concord St Rentals Llc | $2,475,000 | |
| Previous Owner | Together We Rise Llc | $810,000 | |
| Previous Owner | Fair Deal Enterprises | $700,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2017 03/31/17 | Sold | $1,350,000 | -25.0% | $85 / Sq Ft |
| 10/01/2016 10/01/16 | Pending | -- | -- | -- |
| 12/29/2015 12/29/15 | For Sale | $1,799,000 | -- | $114 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $17,630 | $934,800 | $131,900 | $802,900 |
| 2022 | $17,051 | $934,800 | $131,900 | $802,900 |
| 2021 | $16,527 | $934,800 | $131,900 | $802,900 |
| 2020 | $20,147 | $817,000 | $114,700 | $702,300 |
| 2019 | $19,869 | $817,000 | $114,700 | $702,300 |
| 2018 | $19,126 | $817,000 | $114,700 | $702,300 |
| 2017 | $26,442 | $817,000 | $114,700 | $702,300 |
| 2016 | $17,674 | $763,800 | $114,700 | $649,100 |
| 2015 | $17,535 | $748,100 | $114,700 | $633,400 |
| 2014 | $17,580 | $748,100 | $114,700 | $633,400 |
| 2013 | $16,959 | $748,100 | $114,700 | $633,400 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Blais
Map
Source: PrimeMLS
MLS Number: 4464956
APN: MNCH-000413-000000-000015
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