NOT LISTED FOR SALE

1 Galway Ln Salem, NH 03079

Estimated Value: $851,000 - $959,000

5 Beds
4 Baths
3,418 Sq Ft
$266/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $465,000 $136 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,839/month

10 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Shed
  • Contemporary Architecture
  • Circular Driveway
  • Ceramic Tile Flooring

About This Home

As of February 2019

YES- It''S A TWO FAMILY- Like a needle in a hay stack is this Spacious Contemporary 2 Family Home set on a nice private 1.5 acre lot with a circular driveway on a small cul-de-sac close to everything. The main home features an open floor plan with lots of high ceilings, sky-lights, a cabinet packed fully applianced eat in kitchen with granite counters, huge formal dining room , living room with floor to ceiling brick fireplace, sun lit den with sliders to a large deck, master bedroom with master bath, 2 more bedroooms have another full bath to share, lower level family room also has fireplace, big laundry room with half bath & 2 car garage. The in-law or Rental unit is townhouse style with large living room, sliders to deck, eat in kitchen with center island, formal dining room and a convenient half bath on the main level. The 2nd level has front to back master bedroom & same oversized 2nd bedroom each with a full bathroom. There's also a nice play room and a one car garage in the lower level. Both units are very private and feature their own private driveways and garages. This home is a fantastic opportunity for anyone who wants the privacy of a single family home but be able to collect Rent to off set the mortgage or maybe just want those relatives living with you but in their own space. Come take a look and see the potential of this Spacious 2 family Contemporary and see if it suits your needs so you can call it your "HOME SWEET HOME"!!

Last Agent to Sell the Property

Karen Schubert

Century 21 McLennan & Co Brokerage Phone: 978-697-1085 License #88914 Listed on: 01/11/2019

Century 21 McLennan & Co

Last Buyer's Agent

Jessica Stevenson

Sopris License #072410

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,763

Year Built

  • Built in 1978

Lot Details

  • 1.51 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • Leach Field

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 7032
  • 22% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,763

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Contemporary, Multi-Family, Multi-Level
  • Directions: Shannon Road to Galway
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 136.04
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4899
  • Sq Ft - Apx Total Finished: 4419
  • Year Built: 1978
  • Remarks Public: YES- It''S A TWO FAMILY- Like a needle in a hay stack is this Spacious Contemporary 2 Family Home set on a nice private 1.5 acre lot with a circular driveway on a small cul-de-sac close to everything. The main home features an open floor plan with lots of high ceilings, sky-lights, a cabinet packed fully applianced eat in kitchen with granite counters, huge formal dining room , living room with floor to ceiling brick fireplace, sun lit den with sliders to a large deck, master bedroom with master bath, 2 more bedroooms have another full bath to share, lower level family room also has fireplace, big laundry room with half bath & 2 car garage. The in-law or Rental unit is townhouse style with large living room, sliders to deck, eat in kitchen with center island, formal dining room and a convenient half bath on the main level. The 2nd level has front to back master bedroom & same oversized 2nd bedroom each with a full bathroom. There's also a nice play room and a one car garage in the lower level. Both units are very private and feature their own private driveways and garages. This home is a fantastic opportunity for anyone who wants the privacy of a single family home but be able to collect Rent to off set the mortgage or maybe just want those relatives living with you but in their own space. Come take a look and see the potential of this Spacious 2 family Contemporary and see if it suits your needs so you can call it your "HOME SWEET HOME"!!
  • List Agent: 5438
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Carpet
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full, Partially Finished, Storage Space, Walkout
  • Sq Ft - Apx Finished AG: 3418
  • Sq Ft - Apx Finished BG: 1001
  • Sq Ft - Apx Unfinished BG: 480

Exterior Features

  • Construction: Wood Frame
  • Driveway: Circular
  • Exterior: Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle
  • Features Exterior: Deck, Shed

Garage/Parking

  • Garage Capacity: 3
  • Parking: Off Street
  • Garage: Yes
  • Garage Type: Under

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Leach Field, Private
  • Water: Private
  • Water Heater: Electric
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Electric, Hot Water, Multi Zone
  • Cooling: Wall AC Units
  • Electric Company: Liberty
  • Total Ranges: 2
  • Total Refrigerators: 2

Lot Info

  • Map: 50
  • Lot: 7032
  • Lot Sq Ft: 65776
  • Lot Acres: 1.51
  • Lot Description: Corner, Level
  • Surveyed: Unknown
  • Zoning: RUR
  • Deed Book: 5469
  • Deed Page: 1703
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Rate: 21.61
  • Tax Gross Amount: 9763.4
  • Tax Year: 2018

Multi Family

  • Total Full Baths: 4
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Feb 22, 2019
Sold by
1 Galway Lane Rt
Bought by
Correa Francisco and Thompson Emma
Seller's Agent
Karen Schubert
Century 21 McLennan & Co
Buyer's Agent
Jessica Stevenson
Sopris
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%
Current Estimated Value
$907,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,990
Avg. Annual Appreciation
10.64%
Original Mortgage
$372,000
Outstanding Balance
$326,388
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$581,602

Purchase Details

Closed on
Aug 13, 2013
Sold by
Mcfadden Sandra J and Mcfadden Robert
Bought by
1 Galway Lane Irt
Source: Public Records

Range of Values:

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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
Correa Francisco $465,000 --
1 Galway Lane Irt -- --
Mcfadden Sandra J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Francisco $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $465,000 -7.0% $136 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $499,900 -- $146 / 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 $12,301 $698,900 $194,500 $504,400
2023 $11,853 $698,900 $194,500 $504,400
2022 $11,217 $698,900 $194,500 $504,400
2021 $11,168 $698,900 $194,500 $504,400
2020 $9,949 $451,800 $139,000 $312,800
2019 $9,931 $451,800 $139,000 $312,800
2018 $9,763 $451,800 $139,000 $312,800
2017 $9,416 $451,800 $139,000 $312,800
2016 $9,230 $451,800 $139,000 $312,800
2015 $8,415 $393,400 $136,600 $256,800
2014 $8,179 $393,400 $136,600 $256,800
2013 $8,049 $393,400 $136,600 $256,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4732662

PrimeMLS

APN: SLEM-000050-007032