NOT LISTED FOR SALE

14 Schoolhouse Ln Durham, NH 03824

Estimated Value: $864,102 - $891,000

7 Beds
6 Baths
4,750 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $675,000 $142 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,771/month

19 Days on Market

Highlights

  • Water Views
  • Cape Cod Architecture
  • Multiple Fireplaces
  • Mast Way School Rated A-
  • Deck
  • 3-minute walk to Old landing Picnic Park

About This Home

As of October 2022

Unique property situated on over an acre within walking distance to downtown Durham and the UNH campus. This spacious home sits up on the hill overlooking the Oyster River and Jackson's Landing. Home has two legal accessory apartments of which one is currently rented. The main house has natural wood floors and natural wood trim throughout most of the house. Wainscot and wood paneling surround the living room. Property offers flexibility and many options for use of the many spaces. There is no shortage of storage in this home, closets abound! The kitchen in the main house was recently updated as well as the spacious guest suite with it's own full bath and kitchenette. Laundry room on 2nd floor of main house and another in the basement of main house are shared by tenants. This property has a recently approved subdivision and has an additional lot that will transfer at closing.

Last Agent to Sell the Property

Penny Boucher

BHG Masiello Durham License #065086 Listed on: 08/30/2022

BHG Masiello Durham

Last Buyer's Agent

Carol Camp

Carey Giampa, LLC/Rye License #057335

Carey Giampa, LLC/Rye

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,260

Year Built

  • Built in 1938

Lot Details

  • 1.3 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned RA

Home Design

  • Cape Cod Architecture
  • Converted Dwelling
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Oven
  • Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Apartment Living Space in Basement
  • Basement Storage

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Shed
  • Outbuilding

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Oil Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 04 / 04

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,260

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape, Conversion
  • Directions: From Route 4 take Durham/Newmarket Exit, Left onto 108, Left onto Schoolhouse Lane. Property is at the top of the hill on Left. Or from Newmarket 108, turn right onto Schoolhouse Lane.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 142.11
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1938
  • Remarks Public: Unique property situated on over an acre within walking distance to downtown Durham and the UNH campus. This spacious home sits up on the hill overlooking the Oyster River and Jackson's Landing. Home has two legal accessory apartments of which one is currently rented. The main house has natural wood floors and natural wood trim throughout most of the house. Wainscot and wood paneling surround the living room. Property offers flexibility and many options for use of the many spaces. There is no shortage of storage in this home, closets abound! The kitchen in the main house was recently updated as well as the spacious guest suite with it's own full bath and kitchenette. Laundry room on 2nd floor of main house and another in the basement of main house are shared by tenants. This property has a recently approved subdivision and has an additional lot that will transfer at closing.
  • List Agent: 11244
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Electric, Dishwasher, Dryer, Exhaust Hood, Oven - Wall, Range - Electric, Range - Gas, Refrigerator, Washer
  • Equipment: Smoke Detector, Smoke Detectr-HrdWrdw/Bat
  • Features Interior: Fireplace - Wood, Fireplaces - 2, Laundry Hook-ups, Natural Woodwork, Walk-in Closet, Walk-in Pantry, Laundry - 2nd Floor
  • Total Bedrooms: 7
  • Flooring: Ceramic Tile, Hardwood
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Apartments, Concrete, Concrete Floor, Full, Partially Finished, Stairs - Interior, Storage Space, Sump Pump, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 4750
  • Sq Ft - Apx Finished BG: 1067
  • Sq Ft - Apx Total: 6219
  • Sq Ft - Apx Total Finished: 5817
  • Sq Ft - Apx Unfinished BG: 402

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Asbestos
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Fence - Partial, Outbuilding, Porch, Porch - Enclosed, Shed

Garage/Parking

  • Parking: Assigned, Driveway, Parking Spaces 4

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Oil, Separate
  • Heating Fuel: Electric, Gas - LP/Bottle, Oil
  • Heating: Baseboard, Gas Heater, Hot Air
  • Utilities: Cable, Internet - Cable

Condo/Co-op/Association

  • Restrictions: # of Occupants

Lot Info

  • Map: 05
  • Lot: 04
  • Lot Sq Ft: 56628
  • Lot Acres: 1.3
  • Lot Description: Level, Sloping, Water View
  • Surveyed: Yes
  • Zoning: RA
  • Deed Book: 4600
  • Deed Page: 0206
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 13260
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Oct 28, 2022
Sold by
William N Matson Jr T N and William Matson
Bought by
Mahmud Md S and Naumann-Gaillat Erika I
Seller's Agent
Penny Boucher
BHG Masiello Durham
Buyer's Agent
Carol Camp
Carey Giampa, LLC/Rye
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Views
34
Current Estimated Value
$873,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,526
Avg. Annual Appreciation
9.23%
Original Mortgage
$641,250
Outstanding Balance
$621,902
Interest Rate
6.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$251,624

Purchase Details

Closed on
Sep 13, 2018
Sold by
Matson William N
Bought by
William N Matson Jr T N and William Matson

Purchase Details

Closed on
Sep 22, 2003
Sold by
Zara O Chapin T
Bought by
Matson William N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,270
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mahmud Md S $675,000 None Available
Mahmud Md S $675,000 None Available
Mahmud Md S $675,000 None Available
William N Matson Jr T N -- --
William N Matson Jr T N -- --
William N Matson Jr T N -- --
Matson William N $550,000 --
Matson William N $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmud Md S $641,250
Closed Mahmud Md S $641,250
Previous Owner Matson William N $32,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $675,000 -6.9% $142 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $725,000 -- $153 / 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 $13,662 $672,000 $150,000 $522,000
2023 $13,763 $672,000 $150,000 $522,000
2022 $13,797 $475,100 $108,700 $366,400
2021 $13,260 $475,100 $108,700 $366,400
2020 $13,175 $475,100 $108,700 $366,400
2019 $13,051 $475,800 $108,700 $367,100
2018 $13,943 $473,600 $106,500 $367,100
2017 $12,684 $448,400 $96,300 $352,100
2016 $13,331 $448,400 $96,300 $352,100
2015 $13,385 $448,400 $96,300 $352,100
2014 $13,639 $446,900 $96,300 $350,600
2013 $13,590 $446,900 $96,300 $350,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4927524

PrimeMLS

APN: DRHM-000005-000005-000004