$163,500
SOLD MAR 28, 2025

131 Lake St Unit 335 Laconia, NH 03246

1 Bed
1 Bath
457 Sq Ft
1988 Built

Recently Sold

$358 Per Sq Ft

7% Below List Price

102 Days on Market

Highlights

  • Water Access
  • Lake, Pond or Stream
  • Natural Light
  • In Ground Pool
  • Furnished
  • Air Conditioning

About This Home

As of March 2025

Fantastic opportunity to own your low cost get-away in the Lakes Region of New Hampshire. This well appointed and fully furnished condominium has close proximity to Paugus Bay, the Gilford Town Beach, Weirs Beach, shopping, restaurants and more. There is an in ground pool, recently renovated patio and nice common area with bar and TVs. This unit features open concept living with large living and updated kitchen areas separated by a bar/dining space. There is a full bath as well. The association fee covers all your expenses to operate this unit and there is an in-house rental agency to help you monetize it as a rental property. Amenities in the lower part of building include a self storage facility, café and gift shop, billiard hall and an indoor virtual golf center.

Last Agent to Sell the Property

Glenn Smith

Lakefront Living Realty - The Smith Group License #065537 Listed on: 12/06/2024

Last Buyer's Agent

Teresa Prestage

Prestage Realty & Property Management

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 1988

Lot Details

  • Landscaped
  • Sprinkler System

Parking

  • Paved Parking

Home Design

  • Garden Home
  • Flat Roof Shape
  • Concrete Foundation
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 457 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Natural Light
  • Combination Kitchen and Dining Room
  • Microwave

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Water Access
  • Municipal Residents Have Water Access Only
  • Lake, Pond or Stream

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 335 / 001
  • Assessor Parcel Number 201

Community Details

Recreation

  • Community Pool
  • Snow Removal

Additional Features

  • Paugus Bay Condos
  • Coin Laundry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,897

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Directions: Route 3 to Lake Street
  • Resort: No
  • Seasonal: No
  • Property Type: Residential
  • Year Built: 1988
  • Display On Internet: Internet - Cable
  • Architectural Style: Garden
  • ResoLotFeatures: Condo Development
  • Road Frontage Type: Association, Paved, Privately Maintained
  • PropertySubType: Condominium
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 457.0
  • Reso Interior Features: Furnished, Kitchen/Dining, Natural Light
  • Unit Levels: One
  • ResoPropertyCondition: Existing
  • Condo_Name: Paugus Bay
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Mobile_Home: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 457
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 0
  • Water_Body_Access: Yes
  • Water_Body_Type: Lake
  • Water_View: No
  • Water_Access_Details: Municipal Residents Only
  • SqFt_Apx_Total: 457
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator, Water Heater
  • Total Bedrooms: 1
  • Flooring: Tile, Vinyl Plank
  • Other Equipment: Air Conditioner, Smoke Detector, Sprinkler System
  • Basement YN: No
  • Full Bathrooms: 1

Exterior Features

  • Driveway: Paved
  • Exterior Features: Trash, Pool - In Ground
  • Roof: Flat, Membrane
  • Easements: Unknown
  • Water Body Name: Lake Winnipesaukee
  • Construction Type: Masonry, Brick
  • Waterfront: No
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Electric, Wall Units
  • Cooling: Wall Unit(s)
  • Utilities: Phone, Cable
  • Water Source: Public

Condo/Co-op/Association

  • Fee: 450
  • Association Amenities: Maintenance, Clubhouse, Insurance, Landscaping, Elevator(s), Pool - In-Ground, Snow Removal, Trash, Coin Laundry
  • Association Fee Includes: Cable, Cooling, Electric, Heat, Hot Water, Landscaping, Plowing, Recreation, Sewer, Trash, Water, Condo Association Fee, Internet

Fee Information

  • PAD Fee Frequency: Monthly

Lot Info

  • Surveyed: Unknown
  • Zoning: Commercial

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1896.75
  • Tax Block: 001
  • Tax Lot: 335
  • Tax Map Number: 201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
Mar 24, 2025
Sold by
Greenhalgh Ft and Greenhalgh
Bought by
L R Associates Llc
Seller's Agent
Glenn Smith
Lakefront Living Realty - The Smith Group
Buyer's Agent
Teresa Prestage
Prestage Realty & Property Management
List Price
$175,000
Sold Price
$163,500
Premium/Discount to List
-$11,500
-6.57%
Total Days on Market
102
Views
312
Current Estimated Value
$171,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,680
Avg. Annual Appreciation
13.21%

Purchase Details

Closed on
Jul 28, 2023
Sold by
Charles Kevin Morris Ret and Morris
Bought by
Greenhalgh Ft and Greenhalgh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2021
Sold by
William David Akridge Ret and Akridge
Bought by
Charles Kevin Morris Ret and Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,360
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2007
Sold by
Levesque David
Bought by
Akridge William D
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 $163,533 None Available
Warranty Deed $163,533 None Available
Warranty Deed $156,000 None Available
Warranty Deed $156,000 None Available
Warranty Deed $67,000 None Available
Warranty Deed $67,000 None Available
Deed $53,000 --
Deed $53,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $53,360 Purchase Money Mortgage
Previous Owner $500,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $163,500 -3.8% $358 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
02/20/2025 02/20/25 Price Changed $170,000 -2.9% $372 / Sq Ft
12/06/2024 12/06/24 For Sale $175,000 -- $383 / 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 $1,897 $168,600 $7,500 $161,100
2023 $1,737 $168,600 $7,500 $161,100
2022 $959 $78,300 $10,000 $68,300
2021 $962 $78,300 $10,000 $68,300
2020 $954 $63,500 $10,000 $53,500
2019 $757 $47,700 $7,000 $40,700
2018 $538 $31,600 $7,000 $24,600
2017 $545 $31,600 $7,000 $24,600
2016 $503 $28,000 $4,000 $24,000
2015 $577 $32,100 $4,000 $28,100
2011 $896 $48,300 $5,000 $43,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5023964

PrimeMLS

APN: GIFL-000201-000001-000335