NOT LISTED FOR SALE

1 Lancelot Ct Unit 3 Salem, NH 03079

Depot Village Neighborhood

Estimated Value: $197,000 - $207,000

1 Bed
1 Bath
572 Sq Ft
$362/mo HOA Fee

Last Sold July 30, 2021

Last sale price $140,000 $245 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,646/month

2 Days on Market

Highlights

  • End Unit
  • Walk-In Closet
  • Hot Water Heating System
  • Ground Level Unit
  • Landscaped
  • High Speed Internet

About This Home

As of July 2021

Welcome to Easy Condo Living. Nicely Updated Association with the ease of access North or South getting in and out of Salem. First Floor Living is a few steps down from the main entry in this condo. Just under 600 sq feet of updated project free space in this unit. Large Master Walk In Closet plus a hallway of closets off the bathroom. Neutral Colors Throughout, Newer Kitchen w/ Gas Stove & Newer Wall AC. Nicely updated bath. Sit and Collect Rents through October or longer at $1800/mo including utilities. Tenancy in place through 10/31/21 will transfer with the sale. Priced To Sell for Quick Closing as Seller is doing 1031 Exchange and decided to sell one more high cash flow producing rental property. Delayed Showings until Open House Saturday 7/10/21 from 10am-12pm.

Last Agent to Sell the Property

Kelsey Nippe

NH Home Team License #058239 Listed on: 07/07/2021

Last Buyer's Agent

Nancy Bilodeau

NH Realty Group of New England, LLC License #036229

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $362 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 572 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking
  • Parking Permit Required

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Lancelot Court Condos

Listing and Financial Details

  • Legal Lot and Block 3 / 8879

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,392

Year Built

Built in 1972

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, End Unit, Ground Floor
  • Directions: RT 28 to Cluff Crossing Road. Lancelot Courts is on the Right. Building #1 Unit #3 is first building on left.
  • Flood Zone: Unknown
  • Units per Building: 23
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 244.76
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1972
  • Remarks Public: Welcome to Easy Condo Living. Nicely Updated Association with the ease of access North or South getting in and out of Salem. First Floor Living is a few steps down from the main entry in this condo. Just under 600 sq feet of updated project free space in this unit. Large Master Walk In Closet plus a hallway of closets off the bathroom. Neutral Colors Throughout, Newer Kitchen w/ Gas Stove & Newer Wall AC. Nicely updated bath. Sit and Collect Rents through October or longer at $1800/mo including utilities. Tenancy in place through 10/31/21 will transfer with the sale. Priced To Sell for Quick Closing as Seller is doing 1031 Exchange and decided to sell one more high cash flow producing rental property. Delayed Showings until Open House Saturday 7/10/21 from 10am-12pm.
  • L A1 M M S I Memberkey: 20525
  • List Agent: 24628
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 73258
  • S A1 M M S I Memberkey: 11719
  • S O1 M M S I Officekey: 72861
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range - Gas, Refrigerator
  • Features Accessibility: Access Laundry No Steps
  • Features Interior: Dining Area, Security Door(s), Walk-in Closet, Laundry - 1st Floor
  • Total Bedrooms: 1
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Sq Ft - Apx Finished AG: 572
  • Sq Ft - Apx Total: 572
  • Sq Ft - Apx Total Finished: 572

Exterior Features

  • Building Number: 1
  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Brick Veneer
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Privately Maintained
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Driveway, Permit Required

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Cooling: Wall AC Units
  • Utilities: Phone, Cable - Available, Internet - Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 362
  • Condo Fees: Yes
  • Condo Name: Lancelot Court

Lot Info

  • Map: 117
  • Lot: 3
  • Lot Description: Condo Development, Landscaped, Level
  • Surveyed: Unknown
  • Zoning: GA
  • Deed Book: 5678
  • Deed Page: 1395
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 3

Rental Info

  • Rental Amount: 1800
  • Rented: Yes

Tax Info

  • Tax Gross Amount: 1392
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Jul 28, 2021
Sold by
1-3 Lancelot Ct Llc
Bought by
Cai Ya
Seller's Agent
Kelsey Nippe
NH Home Team
Buyer's Agent
Nancy Bilodeau
NH Realty Group of New England, LLC
List Price
$124,900
Sold Price
$140,000
Premium/Discount to List
$15,100
12.09%
Current Estimated Value
$201,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,366
Avg. Annual Appreciation
9.79%

Purchase Details

Listed on
Jul 29, 2015
Closed on
Dec 17, 2015
Sold by
Fnma
Bought by
1 & 3 Lancelot Ct Llc
Seller's Agent
Josh Naughton Team
RE/MAX Innovative Properties
Buyer's Agent
Kelsey Nippe
NH Home Team
List Price
$79,900
Sold Price
$58,500
Premium/Discount to List
-$21,400
-26.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%
Original Mortgage
$43,875
Interest Rate
3.89%

Purchase Details

Closed on
Apr 17, 2015
Sold by
Zarrella Donna M
Bought by
Fnma
Source: Public Records

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Range of Values:

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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
Cai Ya $140,000 None Available
1 & 3 Lancelot Ct Llc $28,666 --
Fnma $11,578 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1 & 3 Lancelot Ct Llc $43,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $140,000 +12.1% $245 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $124,900 +113.5% $218 / Sq Ft
12/16/2015 12/16/15 Sold $58,500 -26.8% $102 / Sq Ft
10/25/2015 10/25/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $79,900 -- $140 / 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 $1,955 $111,100 $0 $111,100
2023 $1,884 $111,100 $0 $111,100
2022 $1,783 $111,100 $0 $111,100
2021 $1,775 $111,100 $0 $111,100
2020 $1,392 $63,200 $0 $63,200
2019 $1,389 $63,200 $0 $63,200
2018 $1,366 $63,200 $0 $63,200
2017 $1,317 $63,200 $0 $63,200
2016 $1,291 $63,200 $0 $63,200
2015 $954 $44,600 $0 $44,600
2014 $927 $44,600 $0 $44,600
2013 $913 $44,600 $0 $44,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kelsey Nippe

    NH Home Team

    (603) 770-9939

    1 in this area

    24 Total Sales

    Kelsey Nippe
    Section Image

  • N

    Buyer's Agent in 2021

    Nancy Bilodeau

    NH Realty Group of New England, LLC

    (603) 505-4030

    2 in this area

    40 Total Sales

    Nancy Bilodeau
    Section Image
  • Josh Naughton Team

    Seller's Agent in 2015

    Josh Naughton Team

    RE/MAX

    (978) 660-3743

    2 in this area

    173 Total Sales

    Josh Naughton Team
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4870884

PrimeMLS

APN: SLEM-000117-008879-000003

New Hampshire Rockingham County Salem 03079 Depot Village

1 Lancelot Ct Unit 3, Salem, NH

This home is located at 1 Lancelot Ct Unit 3, Salem, NH 03079 since 07 July 2021 and is currently estimated at $201,366, approximately $352 per square foot. This property was built in 1972. 1 Lancelot Ct Unit 3 is a home located in Rockingham County with nearby schools including Dr. L.F. Soule School, Woodbury School, and Salem High School.

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