NOT LISTED FOR SALE

12 Chestnut Way Unit 6 Lee, NH 03861

Estimated Value: $830,000 - $945,000

1.44 Acres
$617,500 Price per Acre
62,726 Sq Ft Lot

Last Sold July 03, 2018

Last sale price $85,000

Est. 931% increase in value since last sale

Current estimated payment $6,123/month

10 Days on Market

About This Lot

As of July 2018

Enjoy living in a quiet setting without moving too far from life's necessities! Chestnut Farms is the perfect place for you to build the home of your dreams. Surrounded with nature and set back from busy roads, this neighborhood is being built on a cul-de-sac which is sure to bring privacy and tranquility for years to come. Chestnut Farms is conveniently located in the Oyster River School District and within close proximity to Route 125, providing easy commutes and quick access to shopping or dining.

Last Agent to Sell the Property

Todd Hudson

Red Post Realty License #068730 Listed on: 02/20/2018

Last Buyer's Agent

Todd Hudson

Red Post Realty License #068730 Listed on: 02/20/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,479

Lot Details

  • 1.44 Acre Lot
  • Cul-De-Sac
  • Lot Sloped Up
  • 28 Lots in the community

Schools

  • Moharimet Elementary School
  • Oyster River Middle School
  • Oyster River High School

Utilities

  • Private Water Source

Community Details

  • Chestnut Farms Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,479

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Development Subdivision: Chestnut Farms
  • Directions: Coming from Route 4 & heading towards Lee traffic circle, take a right on Old Mill Rd which will turn into Newtown Plains Rd Turn right onto Hayes Rd Subdivision will be on your right Lot is 6th on the right.
  • Suitable Use: Residential
  • Assessment Amount: 82800
  • Assessment Year: 2017
  • Price Per Sq Ft: 59027.78
  • Property Class: Land
  • Permit Status: State - Issued
  • Remarks Public: Enjoy living in a quiet setting without moving too far from life's necessities! Chestnut Farms is the perfect place for you to build the home of your dreams. Surrounded with nature and set back from busy roads, this neighborhood is being built on a cul-de-sac which is sure to bring privacy and tranquility for years to come. Chestnut Farms is conveniently located in the Oyster River School District and within close proximity to Route 125, providing easy commutes and quick access to shopping or dining.
  • List Agent: 23053
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: TBD
  • Roads: Cul-De-Sac, Paved

Utilities

  • Electric: Underground
  • Water: Private

Schools

  • School District: Oyster River Cooperative
  • Elementary School: Moharimet School
  • Middle School: Oyster River Middle School
  • High School: Oyster River High School
  • Elementary School: Moharimet School
  • High School: Oyster River High School

Lot Info

  • Lot Sq Ft: 62726
  • Current Use: Unknown
  • Lot Acres: 1.44
  • Lot Description: Subdivision
  • Surveyed: Yes
  • Zoning: RES
  • Total Lots: 28
  • Land Restrictions: Architecture, Conservation District, Further Subdivision, Livestock
  • Deed Book: 4292
  • Deed Page: 0036
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: Lot 6

Tax Info

  • Tax Gross Amount: 2479
  • Tax Year: 2017

MLS Schools

  • School District: Oyster River Cooperative
  • School Middle Jr: Oyster River Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Sigmon Joseph T and Sigmon Christine T
Bought by
Pearson Nate
Current Estimated Value
$876,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$449,711
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$420,587

Purchase Details

Closed on
Dec 4, 2018
Sold by
Marsha Farms Llc
Bought by
Sigmon Joseph T and Sigmon Christine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,800
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2018
Closed on
Jun 29, 2018
Sold by
Maple Heights Realty L
Bought by
Marsha Farms Llc
Seller's Agent
Todd Hudson
Red Post Realty
Buyer's Agent
Todd Hudson
Red Post Realty
List Price
$91,000
Sold Price
$85,000
Premium/Discount to List
-$6,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.64%
Original Mortgage
$412,800
Interest Rate
4.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pearson Nate $810,000 None Available
Sigmon Joseph T $516,000 --
Marsha Farms Llc $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Nate $460,000
Previous Owner Sigmon Joseph T $439,000
Previous Owner Sigmon Joseph T $399,000
Previous Owner Sigmon Joseph T $412,800
Previous Owner Marsha Farms Llc $412,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $85,000 -6.6% --
03/02/2018 03/02/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $91,000 -- --
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 $15,887 $616,500 $227,700 $388,800
2023 $14,190 $600,500 $227,700 $372,800
2022 $13,043 $600,500 $227,700 $372,800
2021 $13,073 $600,500 $227,700 $372,800
2020 $12,495 $392,200 $103,500 $288,700
2019 $12,303 $390,700 $103,500 $287,200
2018 $2,531 $82,800 $82,800 $0
2017 $2,479 $82,800 $82,800 $0
2016 $2,235 $76,400 $76,400 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4677547

PrimeMLS

APN: LLEE-000001-000007-000600