$460,000
SOLD JAN 17, 2025

1073 Union Ave Laconia, NH 03246

5 Beds
3 Baths
2,696 Sq Ft
0.31 Acres

Recently Sold

$171 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Barn
  • New Englander Architecture
  • Outdoor Storage
  • Lake View
  • Screened Porch
  • Baseboard Heating

About This Home

As of January 2025

Welcome to 1073 Union Ave in Laconia! This property includes Three apartment units, a 4 car garage (2 bays with doors), A commercial retail building with 2nd story/attic, barn storage and more. The apartment has it's own parking separate from the commercial space, which also includes 6+ striped parking spaces. Union Ave has a very high traffic count with high visibility for your future business. Apartment building is fully rented with long term tenants and an in-house maintenance person that also does the landscaping and snow-removal for a reduced rent. The commercial space is vacant and holds many opportunities (and will increase your income once filled) BONUS: This property has views of Paugus Bay, is in walking distance to many restaurants, hardware store, convenience store, and is down the street to shopping and all your grocery needs. Discover the possibilities this property can hold for your business or investment portfolio. Call for a showing today! Please allow for 48 hour notice for showings, unless you can attend a scheduled group showing.

Last Agent to Sell the Property

Crystal Bullerwell

KW Coastal and Lakes & Mountains Realty/Meredith Listed on: 11/06/2024

KW Coastal and Lakes & Mountains Realty/Meredith

Co-Listed By

Shannon Casey

KW Coastal and Lakes & Mountains Realty/Meredith

Last Buyer's Agent

Sam Kallmerten

Waterfield Property Management LLC License #066707

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,078

Year Built

  • Built in 1887

Lot Details

  • 0.31 Acre Lot
  • Lot Sloped Up

Parking

  • 4 Car Garage
  • Driveway
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Screened Porch
  • Lake Views

Flooring

  • Carpet
  • Laminate
  • Concrete

Basement

  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Dirt Floor

Schools

  • Elm Street Elementary School
  • Laconia Middle School
  • Laconia High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • City Lot
  • Barn

Community Details

  • 3 Units
  • Gross Income $40,200

Listing and Financial Details

  • Exclusions: Washer & Dryer Basement and Fridge & Stove in Unit A belong to tenant
  • Legal Lot and Block 16 / 220
  • 14% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,078

Year Built

Built in 1887

Lot Details

0

Parking

4

Listing Details

  • Status Detail: Closed
  • Directions: Use GPS. Parking lot open for use for showings.
  • Flood Zone: Unknown
  • Assessment Amount: 437100
  • Assessment Year: 2023
  • Construction: Existing
  • Items Excluded: Washer & Dryer Basement and Fridge & Stove in Unit A belong to tenant
  • Total Stories: 2
  • Price Per Sq Ft: 170.62
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5392
  • Sq Ft - Apx Total Finished: 2696
  • Year Built: 1887
  • Remarks Public: Welcome to 1073 Union Ave in Laconia! This property includes Three apartment units, a 4 car garage (2 bays with doors), A commercial retail building with 2nd story/attic, barn storage and more. The apartment has it's own parking separate from the commercial space, which also includes 6+ striped parking spaces. Union Ave has a very high traffic count with high visibility for your future business. Apartment building is fully rented with long term tenants and an in-house maintenance person that also does the landscaping and snow-removal for a reduced rent. The commercial space is vacant and holds many opportunities (and will increase your income once filled) BONUS: This property has views of Paugus Bay, is in walking distance to many restaurants, hardware store, convenience store, and is down the street to shopping and all your grocery needs. Discover the possibilities this property can hold for your business or investment portfolio. Call for a showing today! Please allow for 48 hour notice for showings, unless you can attend a scheduled group showing.
  • List Agent: 283817
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Apartment Building, Conversion, Multi-Family, New Englander
  • ResoLotFeatures: City Lot, Lake View, Neighbor Business, Sidewalks, Sloping, Street Lights, View, Water View, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Near Railroad, Near Hospital
  • Road Frontage Type: Paved, Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric
  • Flooring: Concrete, Carpet, Laminate
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Stairs - Interior, Exterior Access
  • Sq Ft - Apx Finished AG: 2696
  • Sq Ft - Apx Unfinished AG: 1348
  • Sq Ft - Apx Unfinished BG: 1348

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete, Fieldstone
  • Road Frontage: Yes
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Barn, Porch - Covered, Porch - Screened, Storage
  • Water Body Type: Lake
  • Water Body Name 2: Paugus Bay
  • Water View: Yes
  • Construction Type: Wood Frame, Vinyl Siding, Wood Exterior

Garage/Parking

  • Garage Capacity: 4
  • Parking: Detached, Driveway, Garage, Off Street, Parking Spaces 1 - 10, Paved, Unassigned
  • Garage: Yes

Utilities

  • Electric: 100 Amp
  • Fuel Company: Stafford Oil
  • Sewer: Public
  • Heating: Oil, Baseboard, Hot Air, Hot Water
  • Electric Company: Eversource
  • Total Electric Meters: 3
  • Total Heat Units: 2
  • Total Ranges: 3
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Cans, Curbside, Recycle
  • Utilities: Cable - Available, Telephone Available
  • Water Source: Public

Schools

  • School District: Laconia Sch Dst SAU #30
  • Elementary School: Elm Street Elementary School
  • Middle School: Laconia Middle School
  • High School: Laconia High School
  • Elementary School: Elm Street Elementary School
  • High School: Laconia High School

Lot Info

  • Map: 346
  • Lot: 16
  • Lot Sq Ft: 13504
  • Lot Acres: 0.31
  • Surveyed: Unknown
  • Zoning: Urban Commercial
  • Deed Book: 3158
  • Deed Page: 806-807
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 40200
  • Sale Includes: Additional Buildings, Building, Garage, Land/Building
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Rate: 13.91
  • Tax Gross Amount: 6078
  • Tax Year: 2023

MLS Schools

  • School District: Laconia Sch Dst SAU #30
  • School Middle Jr: Laconia Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Jan 17, 2025
Sold by
Bedell Jonathan E
Bought by
Blockwheels Llc
Seller's Agent
Crystal Bullerwell
KW Coastal and Lakes & Mountains Realty/Meredith
Buyer's Agent
Sam Kallmerten
Waterfield Property Management LLC
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Total Days on Market
7
Views
19
Current Estimated Value
$442,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,038
Original Mortgage
$345,000
Outstanding Balance
$344,397
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 6, 2024
Closed on
Jan 15, 2025
Sold by
Bedell Jonathan E
Bought by
Blockwheels Llc
Seller's Agent
Crystal Bullerwell
KW Coastal and Lakes & Mountains Realty/Meredith
Buyer's Agent
Sam Kallmerten
Waterfield Property Management LLC
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$344,397
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2018
Sold by
Tebbetts Thompso Rt Ll
Bought by
Bedell Jonathan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Wanda Tibbetts T
Bought by
Tebbetts-Thompson Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.3%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $285,000 None Available
Warranty Deed $285,000 None Available
Warranty Deed $460,000 None Available
Warranty Deed $460,000 None Available
Warranty Deed $208,000 --
Warranty Deed $208,000 --
Warranty Deed $208,000 --
Deed $320,000 --
Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,000 Purchase Money Mortgage
Closed $345,000 Purchase Money Mortgage
Previous Owner $156,000 New Conventional
Previous Owner $232,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $460,000 +2.2% $171 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/06/2024 11/06/24 For Sale $450,000 -- $167 / 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 $6,850 $502,600 $213,800 $288,800
2023 $6,080 $437,100 $181,600 $255,500
2022 $5,407 $364,100 $151,300 $212,800
2021 $5,366 $284,500 $97,100 $187,400
2020 $5,419 $274,800 $97,100 $177,700
2019 $5,215 $253,300 $87,900 $165,400
2018 $5,094 $244,300 $83,300 $161,000
2017 $5,087 $241,900 $34,700 $207,200
2016 $5,004 $225,400 $34,700 $190,700
2015 $4,893 $220,400 $36,500 $183,900
2014 $4,932 $220,200 $36,300 $183,900
2013 $5,365 $243,000 $34,400 $208,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5021369

PrimeMLS

APN: LACO-000346-000220-000016