$1,225,000
SOLD JUN 17, 2024

12 Cullen Way Exeter, NH 03833

5 Beds
4.5 Baths
5,216 Sq Ft
1.25 Acres

Recently Sold

$235 Per Sq Ft

2% Below List Price

99 Days on Market

Highlights

  • 1.25 Acre Lot
  • Colonial Architecture
  • Multiple Fireplaces
  • Lincoln Street Elementary School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of June 2024

Elegant custom colonial, with luxe 880 sq ft one bedroom IN-LAW SUITE, located in a highly sought after cul-de-sac neighborhood, close to downtown Exeter and PEA. The first floor opens into the formal living room that looks out onto the large back deck. The formal dining room is perfect for entertaining, and the kitchen offers a sunny eat in area. A bright den with French-doors and a fireplace can be tailored to suit your lifestyle. Two baths finish off the first floor. The second floor offers a gorgeous primary suite, with upscale soaking tub, shower and laundry. Additionally, there are 4 oversized bedrooms and bathroom lending to a layout that flows perfectly. A 3rd floor large insulated attic could be perfect for future finished space. Need a place for guests to have their own space within yours but separate? The lower level is home to the walkout in-law suite with full kitchen and private entrance as well as interior access. This 1.25 acre property offers up a nature lover's paradise, with blooming gardens that create a backdrop for relaxing. Across the street are cross-country trails that run through conservation land and connect to many other community trails. Recent upgrades include but are not limited to new roof, boiler, A/C, whole house generator, R50+ open cell insulation, 80 gal water heater, interior/exterior paint, and a long list of others. GREAT HOUSE! OH...and did we mention the luxe in-law suite/ media room/ studio/ entertainment space?

Last Agent to Sell the Property

Amy Turner Carr

Compass New England, LLC License #061788 Listed on: 01/17/2024

Compass New England, LLC

Co-Listed By

Crystal Ducharme

Compass New England, LLC License #060011

Last Buyer's Agent

Megan Higgins Croteau

KW Coastal and Lakes & Mountains Realty License #064624

KW Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,792

Year Built

  • Built in 1988

Lot Details

  • 1.25 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Lot Sloped Up
  • Irrigation
  • Wooded Lot
  • Garden

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Radon Mitigation System
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Open Floorplan
  • Dining Area
  • Storage
  • Smart Thermostat

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement Storage
  • Natural lighting in basement

Accessible Home Design

  • Standby Generator

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Lincoln Street Elementary School
  • Cooperative Middle School
  • Exeter High School

Utilities

  • Zoned Heating and Cooling
  • Dehumidifier
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Headboard that is attached to the wall in the Primary. Chair Lifts are Negotiable
  • Tax Lot 16
  • 27% Total Tax Rate

Community Details

Overview

  • Marshall Farms Landing Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,792

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Development Subdivision: Marshall Farms Landing
  • Assessment Amount: 701700
  • Assessment Year: 2023
  • Construction: Existing
  • Items Excluded: Headboard that is attached to the wall in the Primary. Chair Lifts are Negotiable
  • Total Stories: 2
  • Price Per Sq Ft: 302.32
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1988
  • Remarks Public: Elegant custom colonial, with luxe 880 sq ft one bedroom IN-LAW SUITE, located in a highly sought after cul-de-sac neighborhood, close to downtown Exeter and PEA. The first floor opens into the formal living room that looks out onto the large back deck. The formal dining room is perfect for entertaining, and the kitchen offers a sunny eat in area. A bright den with French-doors and a fireplace can be tailored to suit your lifestyle. Two baths finish off the first floor. The second floor offers a gorgeous primary suite, with upscale soaking tub, shower and laundry. Additionally, there are 4 oversized bedrooms and bathroom lending to a layout that flows perfectly. A 3rd floor large insulated attic could be perfect for future finished space. Need a place for guests to have their own space within yours but separate? The lower level is home to the walkout in-law suite with full kitchen and private entrance as well as interior access. This 1.25 acre property offers up a nature lover's paradise, with blooming gardens that create a backdrop for relaxing. Across the street are cross-country trails that run through conservation land and connect to many other community trails. Recent upgrades include but are not limited to new roof, boiler, A/C, whole house generator, R50+ open cell insulation, 80 gal water heater, interior/exterior paint, and a long list of others. GREAT HOUSE! OH...and did we mention the luxe in-law suite/ media room/ studio/ entertainment space?
  • List Agent: 13235
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Colonial
  • ResoLotFeatures: Country Setting, Landscaped, Sidewalks, Subdivision, Trail/Near Trail, Wooded
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Electric, Dishwasher, Dryer, Range - Electric, Refrigerator, Washer, Water Heater–Natural Gas
  • Equipment: Dehumidifier, Irrigation System, Radon Mitigation, Generator - Standby
  • Features Interior: Dining Area, Fireplace - Gas, Fireplaces - 2, In-Law Suite, Kitchen/Dining, Living/Dining, Primary BR w/ BA, Natural Light, Natural Woodwork, Skylight, Storage - Indoor, Walk-in Closet, Laundry - 1st Floor, Laundry - 2nd Floor, Laundry - Basement, Smart Thermostat, Attic - Pulldown
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Tile
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Climate Controlled, Daylight, Finished, Full, Partially Finished, Storage Space, Sump Pump, Walkout, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 4052
  • Sq Ft - Apx Finished BG: 1164
  • Sq Ft - Apx Total: 5854
  • Sq Ft - Apx Total Finished: 5216
  • Sq Ft - Apx Unfinished BG: 638

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Association, Cul-de-Sac, Dead End, Paved
  • Roof: Shingle - Architectural
  • Easements: Unknown
  • Features Exterior: Deck, Fence - Partial, Garden Space, Natural Shade, Outbuilding, Patio
  • Construction Type: Wood Frame, Clapboard Exterior

Garage/Parking

  • Garage Capacity: 2
  • Parking: Auto Open, Direct Entry, Attached
  • Garage: Yes

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Multi Zone, Radiant Floor
  • Cooling: Central AC, Multi Zone
  • Utilities: Cable
  • Water Source: Public

Schools

  • School District: Exeter School District SAU #16
  • Elementary School: Lincoln Street Elementary
  • Middle School: Cooperative Middle School
  • High School: Exeter High School
  • Elementary School: Lincoln Street Elementary
  • High School: Exeter High School

Lot Info

  • Map: 97
  • Lot: 16
  • Lot Sq Ft: 54450
  • Lot Acres: 1.25
  • Surveyed: Unknown
  • Zoning: R-1
  • Deed Book: 6497
  • Deed Page: 2370
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 26.78
  • Tax Gross Amount: 18792
  • Tax Year: 2023

MLS Schools

  • School District: Exeter School District SAU #16
  • School Middle Jr: Cooperative Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jun 17, 2024
Sold by
S S Sarna Ft and Desrosiers
Bought by
Balaraman Suresh and Fonseca Stephanie P
Seller's Agent
Amy Turner Carr
Compass New England, LLC
Buyer's Agent
Megan Higgins Croteau
KW Coastal and Lakes & Mountains Realty
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%
Views
547
Current Estimated Value
$1,270,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,669
Avg. Annual Appreciation
2.43%
Original Mortgage
$862,500
Outstanding Balance
$856,100
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$402,258

Purchase Details

Closed on
May 31, 2023
Sold by
Desrosiers David P and Sarna Shivan S
Bought by
S S Sarna Ft and Desrosiers

Purchase Details

Listed on
Jul 15, 2019
Closed on
Jan 7, 2020
Sold by
William S Frago T S and William Frago
Bought by
Sarna Shivan S and Desrosiers David P
Seller's Agent
Sharon Gill
BHHS Verani Seacoast
Buyer's Agent
Amy Turner Carr
Compass New England, LLC
List Price
$689,900
Sold Price
$662,500
Premium/Discount to List
-$27,400
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$510,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2001
Sold by
Spring Laverne J and Spring Carol W
Bought by
Frago William S and Frago Elizabeth H

Purchase Details

Closed on
Oct 29, 1996
Sold by
Rinder Jerald J and Rinder Frances S
Bought by
Spring Laverne J and Spring Carol W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage
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 $1,225,000 None Available
Warranty Deed $1,225,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $662,533 None Available
Warranty Deed $662,533 None Available
Warranty Deed $511,000 --
Warranty Deed $365,000 --
Warranty Deed $511,000 --
Warranty Deed $365,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $862,500 Purchase Money Mortgage
Closed $862,500 Purchase Money Mortgage
Previous Owner $700,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $505,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $510,400 New Conventional
Previous Owner $350,000 Unknown
Previous Owner $359,600 Unknown
Previous Owner $182,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $1,225,000 -2.0% $235 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $1,250,000 +88.7% $240 / Sq Ft
01/07/2020 01/07/20 Sold $662,500 -4.0% $127 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $689,900 -- $132 / 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 $19,101 $1,073,700 $308,100 $765,600
2023 $18,920 $706,500 $182,100 $524,400
2022 $17,367 $701,700 $182,100 $519,600
2021 $16,692 $695,200 $182,100 $513,100
2020 $15,852 $647,300 $182,100 $465,200
2019 $15,063 $647,300 $182,100 $465,200
2018 $15,397 $559,900 $134,600 $425,300
2017 $14,989 $559,900 $134,600 $425,300
2016 $14,692 $559,900 $134,600 $425,300
2015 $14,300 $559,900 $134,600 $425,300
2014 $14,349 $550,600 $146,800 $403,800
2013 $14,332 $550,600 $146,800 $403,800
2011 $13,919 $550,600 $146,800 $403,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4982568

PrimeMLS

APN: EXTR-000097-000000-000012