NOT LISTED FOR SALE

Estimated Value: $429,000 - $904,000

8 Acres
$72,248 Price per Acre
354,143 Sq Ft Lot

Last Sold April 15, 2022

Last sale price $905,000 $372 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $3,177/month

80 Days on Market

Highlights

  • 8.13 Acre Lot
  • Landscaped
  • Level Lot
  • Grass Field
  • High Speed Internet

About This Lot

As of April 2022

Exciting and rare development opportunity in the heart of Concord. Whether you are looking to subdivide the land or restore "Quiet Acres" for yourself. Here you'll find more than 8 acres of flat, picturesque land near Beaver Meadow Golf Course and the Sewalls Falls riverside hiking trails. With public water, public sewer and natural gas on abutting streets, along with ample road frontage it could be an excellent scenario for a developer. One could restore the farmhouse and divide the rest of the land for other uses. Alternatively, the home has some gorgeous salvage materials and the barn has high value as a frame for resale. The barn was added to the property in 2002. Its from Norridgewock, Maine Circa 1820 with new cement floor, block foundation and granite skirting. The three floors of space are truly remarkable. The last parcel of "Quiet Acres" has 200 AMP service, subpanels in the Ell and Barn, public water and sewer with a natural gas furnace. This slice of history is just waiting for the right imagination to bring it up to its new 2021 glory. Currently in the RS-Residential zone requiring 12,500 SF with frontage of 100 Ft to subdivide. New owner could seek a zoning variance to RN - which would reduce lot requirement to 10,000 SF and 80 Ft. of frontage. Roughly 1100+/- Ft of frontage on Abbott Rd and 1175+/- Ft on Sewalls Falls Rd. Additionally zoning would allow for a cluster or elderly housing development

Last Agent to Sell the Property

RachNH Realty Group

Keller Williams Realty-Metropolitan Listed on: 06/01/2021

Keller Williams Realty-Metropolitan

Last Buyer's Agent

RachNH Realty Group

Keller Williams Realty-Metropolitan Listed on: 06/01/2021

Keller Williams Realty-Metropolitan

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,318

Lot Details

  • 8.13 Acre Lot
  • Landscaped
  • Level Lot
  • Property is zoned RS

Schools

  • Beaver Meadow Elementary Sch
  • Rundlett Middle School
  • Concord High School

Utilities

  • 200+ Amp Service
  • Gas Available at Street
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Electricity Available at Street
  • Grass Field

Listing and Financial Details

  • Exclusions: Carport & Trailer in Barn
  • Legal Lot and Block 39 / Z

Property Details

Property Type

Land

Est. Annual Taxes

$13,318

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From the intersection of I 393 and N Main St, proceed north along N State St to Sewalls Falls Rd. Go right on Sewalls Falls Rd and the property will be in the intersection of Sewalls Falls and Abbott Rd.
  • Flood Zone: Unknown
  • Suitable Use: Bed And Breakfast, Development Potential, Field/Pasture, Residential
  • Assessment Amount: 497700
  • Assessment Year: 2020
  • Items Excluded: Carport & Trailer in Barn
  • Price Per Sq Ft: 111316.11
  • Property Class: Land
  • Estimated Open Space Percent: 90
  • Remarks Public: Exciting and rare development opportunity in the heart of Concord. Whether you are looking to subdivide the land or restore "Quiet Acres" for yourself. Here you'll find more than 8 acres of flat, picturesque land near Beaver Meadow Golf Course and the Sewalls Falls riverside hiking trails. With public water, public sewer and natural gas on abutting streets, along with ample road frontage it could be an excellent scenario for a developer. One could restore the farmhouse and divide the rest of the land for other uses. Alternatively, the home has some gorgeous salvage materials and the barn has high value as a frame for resale. The barn was added to the property in 2002. Its from Norridgewock, Maine Circa 1820 with new cement floor, block foundation and granite skirting. The three floors of space are truly remarkable. The last parcel of "Quiet Acres" has 200 AMP service, subpanels in the Ell and Barn, public water and sewer with a natural gas furnace. This slice of history is just waiting for the right imagination to bring it up to its new 2021 glory. Currently in the RS-Residential zone requiring 12,500 SF with frontage of 100 Ft to subdivide. New owner could seek a zoning variance to RN - which would reduce lot requirement to 10,000 SF and 80 Ft. of frontage. Roughly 1100+/- Ft of frontage on Abbott Rd and 1175+/- Ft on Sewalls Falls Rd. Additionally zoning would allow for a cluster or elderly housing development
  • List Agent: 286709
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Public
  • Easements: Yes

Utilities

  • Electric: 200 Amp, At Street
  • Sewer: Public
  • Water: Public
  • Utilities: Cable - Available, Gas - At Street, High Speed Intrnt -Avail

Schools

  • School District: Concord School District SAU #8
  • Elementary School: Beaver Meadow Elementary Sch
  • Middle School: Rundlett Middle School
  • High School: Concord High School
  • Elementary School: Beaver Meadow Elementary Sch
  • High School: Concord High School

Lot Info

  • Map: 203
  • Lot: 39
  • Lot Sq Ft: 354143
  • Lot Acres: 8.13
  • Lot Description: Field/Pasture, Landscaped, Level
  • Surveyed: Unknown
  • Zoning: RS
  • Total Lots: 1
  • Deed Book: 3497
  • Deed Page: 308
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Gross Amount: 13318
  • Tax Year: 2020

MLS Schools

  • School District: Concord School District SAU #8
  • School Middle Jr: Rundlett Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Abbott Road Llc
Bought by
Country Ests Of Concord L
Current Estimated Value
$509,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,383,117
Interest Rate
6.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$895,178

Purchase Details

Closed on
Nov 9, 2015
Sold by
Engel Michele M
Bought by
Engel Victor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.88%
Mortgage Type
Credit Line Revolving
Source: Public Records

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 Buyer Sale Price Title Company
Country Ests Of Concord L $1,950,000 None Available
Country Ests Of Concord L $1,950,000 None Available
Country Ests Of Concord L $1,950,000 None Available
Engel Victor A -- --
Engel Victor A -- --
Engel Victor A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Country Ests Of Concord L $1,400,000
Closed Country Ests Of Concord L $1,400,000
Previous Owner Engel Victor A $232,000
Previous Owner Engel Michele M $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $905,000 -7.2% $372 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $975,000 -- $400 / 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 $4,630 $167,200 $107,100 $60,100
2023 $2,587 $96,300 $96,300 $0
2022 $17,683 $683,000 $469,300 $213,700
2021 $14,281 $568,500 $357,600 $210,900
2020 $13,318 $497,700 $286,800 $210,900
2019 $12,895 $464,200 $271,000 $193,200
2018 $12,807 $454,300 $266,200 $188,100
2017 $8,031 $284,400 $103,400 $181,000
2016 $7,692 $278,000 $103,400 $174,600
2015 $7,281 $266,300 $100,000 $166,300
2014 $7,140 $266,300 $100,000 $166,300
2013 $6,812 $266,300 $100,000 $166,300
2012 $6,534 $268,100 $100,000 $168,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4863972

PrimeMLS

APN: CNCD-000203Z-000000-000039