Closed

Listed by: Tide Rock Management

Bought with: RE/MAX Synergy

$625,000

16 Walnut Street, Somersworth, NH 03878

7beds

3,705sqft

Multi Family

Built in 1840

-- sqft lot

$694,900 Zestimate^®

$169/sqft

$2,450 Estimated rent

Home value

$694,900

$632,000 - $750,000

$2,450/mo

Zestimate^® history

Owner options

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$2,450/mo

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$2,450/mo

Rent Zestimate^®

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$3,538/mo

Est. payment

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$3,538/mo

Est. payment

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What's special

Large yardLarge barn

This well maintained multifamily property consists of four units and sits on .46 +/- acres in growing Somersworth, NH. Several interior updates have been completed making this a turn key property for its next owner. One of the units has been recently renovated and is currently vacant making this a great option for an owner occupant or investor. Property is serviced by municipal water and sewer, has ample off street parking and a large yard. There is also a large barn on the property with the potential to rent for additional income. Broker interest.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Heating

Oil, Baseboard

Cooling

None

Appliances

Included: Electric Water Heater, Water Heater off Boiler

Features

Basement: Concrete,Concrete Floor,Dirt Floor,Interior Stairs,Walk-Up Access

Interior area

Total structure area: 5,833
Total interior livable area: 3,705 sqft
Finished area above ground: 3,257
Finished area below ground: 448

Property

Parking

Parking features: Paved

Features

Levels: 3

Lot

Size: 0.46 Acres
Features: City Lot, Landscaped, Sidewalks, Street Lights

Details

Parcel number: SMSWM08B106L0
Zoning description: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Foundation: Brick, Concrete
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1840

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Phone Available

Community & neighborhood

Location

Region: Somersworth

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
4/26/2024	Sold	$625,000-3.7%$169/sqft
Source: PrimeMLS #4976906 Report a problem
3/11/2024	Contingent	$649,000$175/sqft
Source: PrimeMLS #4976906 Report a problem
12/18/2023	Price change	$649,000-3.9%$175/sqft
Source: PrimeMLS #4976906 Report a problem
11/6/2023	Listed for sale	$675,000+66.7%$182/sqft
Source: PrimeMLS #4976906 Report a problem
1/20/2023	Sold	$405,000$109/sqft
Source: PrimeMLS #4934975 Report a problem
11/1/2022	Contingent	$405,000$109/sqft
Source: PrimeMLS #4934975 Report a problem
10/26/2022	Listed for sale	$405,000$109/sqft
Source: PrimeMLS #4934975 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$11,340 +27.9%	$606,400 +100.5%
2023	$8,863 +10.6%	$302,500 +6%
2022	$8,017 +2%	$285,400
2021	$7,857 -1.1%	$285,400
2020	$7,948 +2.1%	$285,400
2019	$7,786 +21.9%	$285,400 +49.3%
2018	$6,385 +0.9%	$191,100 -0.1%
2017	$6,327 +3%	$191,200
2016	$6,141 -0.4%	$191,200
2015	$6,166 +3.6%	$191,200
2014	$5,954	$191,200