$160,000
SOLD JUL 16, 2024
1 Bed
1 Bath
674 Sq Ft
$514/mo HOA Fee

Recently Sold

$237 Per Sq Ft

26% Below List Price

211 Days on Market

Highlights

  • Beach Access
  • In Ground Pool
  • Balcony
  • Boat or Launch Ramp
  • Lake View
  • Landscaped

About This Home

As of July 2024

Are you looking for a lake-get-away with short term rental ability for additional income? This highly popular condo association, in the heart of the Lakes Region, offers beach rights to the beautiful Gilford town beach and boat launch for Gilford property owners, and comes fully furnished and ready to start enjoying. This one bedroom condo features an open concept main living area with a nice size living room that includes 2 sleep sofas, eat in kitchen, and sliders opening onto a balcony with some lake view. There is also a full bath that can be conveniently accessed from either the comfortable bedroom or hallway. Paugus Bay Condominium Suites offers a brand new Trex deck overlooking a new in-ground pool and patio, that includes a BBQ area, function room for when you want to get out of the sun for a bit, and coin laundry onsite. Bring your boat, or snowmobile because there is plenty of short term parking for your trailers in the back of the building. The condo fee covers all the utilities, including electric, heat, air conditioning, cable TV, internet, water, sewer, hot water, trash, landscaping, and plowing. As an added bonus there, there is a great Italian restaurant the premises so no need to drive. This property can NOT be used as a primary residence and cannot be occupied for more than an 180 period per quest. There is a $1,000 association buy in fee, and Sorry, pets are not allowed.

Last Agent to Sell the Property

Nancy Williams

Roche Realty Group License #058591

Last Buyer's Agent

Nancy Williams

Roche Realty Group License #058591

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1988

Lot Details

  • Landscaped

HOA Fees

  • $514 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Slab Foundation
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 674 Sq Ft Home
  • 1-Story Property
  • Lake Views

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Water Access
  • Municipal Residents Have Water Access Only
  • Boat or Launch Ramp
  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 222 / 001

Community Details

Overview

  • $1,000 One-Time Secondary Association Fee
  • Association fees include buy in fee, cable, cooling, electric, heat, hot water, landscaping, plowing, recreation, sewer, trash, water, condo fee, internet
  • Master Insurance
  • Paugus Bay Plaza Condo
  • Maintained Community

Amenities

  • Coin Laundry

Recreation

  • Community Pool
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,888

Year Built

Built in 1988

Lot Details

0

HOA Fees

$514 per month

Listing Details

  • Status Detail: Closed
  • Directions: Rte 3 N (Weirs Blvd) across from the Margate Resort.
  • Units per Building: 63
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 237.39
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1988
  • Remarks Public: Are you looking for a lake-get-away with short term rental ability for additional income? This highly popular condo association, in the heart of the Lakes Region, offers beach rights to the beautiful Gilford town beach and boat launch for Gilford property owners, and comes fully furnished and ready to start enjoying. This one bedroom condo features an open concept main living area with a nice size living room that includes 2 sleep sofas, eat in kitchen, and sliders opening onto a balcony with some lake view. There is also a full bath that can be conveniently accessed from either the comfortable bedroom or hallway. Paugus Bay Condominium Suites offers a brand new Trex deck overlooking a new in-ground pool and patio, that includes a BBQ area, function room for when you want to get out of the sun for a bit, and coin laundry onsite. Bring your boat, or snowmobile because there is plenty of short term parking for your trailers in the back of the building. The condo fee covers all the utilities, including electric, heat, air conditioning, cable TV, internet, water, sewer, hot water, trash, landscaping, and plowing. As an added bonus there, there is a great Italian restaurant the premises so no need to drive. This property can NOT be used as a primary residence and cannot be occupied for more than an 180 period per quest. There is a $1,000 association buy in fee, and Sorry, pets are not allowed.
  • List Agent: 9695
  • Display On Internet: Internet - Cable
  • Architectural Style: Garden
  • ResoLotFeatures: Beach Access, Lake View, Level
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range - Electric, Refrigerator, Water Heater - Electric
  • Total Bedrooms: 1
  • Flooring: Carpet, Vinyl Plank
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Sq Ft - Apx Finished AG: 674
  • Sq Ft - Apx Total: 674
  • Sq Ft - Apx Total Finished: 674

Exterior Features

  • Driveway: Paved
  • Foundation: Slab - Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane
  • Features Exterior: Boat Launch, Trash, Balcony, Pool - In Ground, ROW to Water, Beach Access
  • Water Body Access: Yes
  • Water Body Type: Lake
  • Water Access Details: Municipal Residents Only
  • Water Body Name 2: Lake Winnipesaukee
  • Water View: Yes
  • Construction Type: Masonry, Brick Exterior

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Electric
  • Heating: Wall Units
  • Cooling: Wall AC Units
  • Utilities: Cable
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 514.14
  • Fee2 Frequency: One-Time
  • Fees 2: 1000
  • Fee2 Includes: Buy In Fee
  • Fee Includes: Cable, Cooling, Electric, Heat, Hot Water, Landscaping, Plowing, Recreation, Sewer, Trash, Water, Condo Association Fee, Internet
  • Condo Fees: Yes
  • Condo Name: Paugus Bay Plaza Condo
  • Association Amenities: Building Maintenance, Master Insurance, Landscaping, Pool - In-Ground, Snow Removal, Trash Removal, Coin Laundry

Lot Info

  • Map: 201
  • Lot: 222
  • Surveyed: Unknown
  • Zoning: CR
  • Deed Book: 2704
  • Deed Page: 0381
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 222

Tax Info

  • Tax Gross Amount: 1888
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2011
Sold by
Iach Patrick G
Bought by
Colwell Jennifer
Total Days on Market
211
Current Estimated Value
$182,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Outstanding Balance
$10,550
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,773

Purchase Details

Closed on
Dec 15, 2009
Sold by
Us Bank Na Tr
Bought by
Iach Patric G

Purchase Details

Closed on
May 1, 2009
Sold by
Aliotti Marc
Bought by
Us Bank Na Tr

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $55,000 --
Deed $28,000 --
Foreclosure Deed $57,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $160,000 -23.8% $237 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $209,900 -2.3% $311 / Sq Ft
04/26/2024 04/26/24 For Sale $214,900 +34.3% $319 / Sq Ft
04/22/2024 04/22/24 Off Market $160,000 -- --
01/19/2024 01/19/24 Price Changed $214,900 -2.3% $319 / Sq Ft
11/27/2023 11/27/23 For Sale $219,900 -- $326 / Sq Ft
Source: PrimeMLS

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
2023 $1,888 $183,300 $7,500 $175,800
2022 $1,207 $98,500 $10,000 $88,500
2021 $1,210 $98,500 $10,000 $88,500
2020 $1,024 $68,200 $10,000 $58,200
2019 $682 $43,000 $7,000 $36,000
2018 $639 $37,500 $7,000 $30,500
2017 $646 $37,400 $7,000 $30,400
2016 $605 $33,700 $4,000 $29,700
2015 $695 $38,700 $4,000 $34,700
2011 $1,137 $61,300 $8,000 $53,300
Source: Public Records

Source: PrimeMLS

MLS Number: 4978686

PrimeMLS

APN: GIFL-000201-000001-000222