NOT LISTED FOR SALE

159 Union Ave Laconia, NH 03246

Estimated Value: $343,669 - $393,000

5 Beds
2 Baths
1,810 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $365,000 $202 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,250/month

3 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Rotary Park
  • Corner Lot

About This Home

As of June 2023

This property offers two units – a 3-bedroom and a 2-bedroom – in the heart of Laconia Downtown. The downstairs unit is entirely renovated, while the second unit has had some updates. The current tenants have a lease in place until July, making it a great investment opportunity for you. Perfectly located within walking distance to downtown Laconia, this property is an ideal choice for anyone looking to own a multi-family property in a desirable location. Delayed showings until Open House on Sunday 4/23/23 10a - 12pm. Seller is a licensed agent.

Last Agent to Sell the Property

Samantha Catterall

KW Coastal and Lakes & Mountains Realty/Hanover Listed on: 04/20/2023

KW Coastal and Lakes & Mountains Realty/Hanover

Last Buyer's Agent

Rachel Xavier

KW Coastal and Lakes & Mountains Realty/Meredith License #069190

KW Coastal and Lakes & Mountains Realty/Meredith

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,810 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Laconia Middle School
  • Laconia High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 57 / 220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,611

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Rt. 3 to Union Ave. On the corner of Elliot St and Union Ave.
  • Flood Zone: Unknown
  • Assessment Amount: 108500
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 201.66
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1810
  • Sq Ft - Apx Total Finished: 1810
  • Year Built: 1900
  • Remarks Public: This property offers two units – a 3-bedroom and a 2-bedroom – in the heart of Laconia Downtown. The downstairs unit is entirely renovated, while the second unit has had some updates. The current tenants have a lease in place until July, making it a great investment opportunity for you. Perfectly located within walking distance to downtown Laconia, this property is an ideal choice for anyone looking to own a multi-family property in a desirable location. Delayed showings until Open House on Sunday 4/23/23 10a - 12pm. Seller is a licensed agent.
  • List Agent: 287363
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 1810

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Electric, Hot Water
  • Utilities: Cable

Schools

  • School District: Laconia Sch Dst SAU #30
  • Middle School: Laconia Middle School
  • High School: Laconia High School
  • High School: Laconia High School

Lot Info

  • Map: 432
  • Lot: 57
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: UC
  • Deed Book: 3473
  • Deed Page: 87
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 1611
  • Tax Year: 2022

MLS Schools

  • School District: Laconia Sch Dst SAU #30
  • School Middle Jr: Laconia Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jun 16, 2023
Sold by
Roberts Bradley
Bought by
Espinola Craig M and Espinola Laura
Seller's Agent
Samantha Catterall
KW Coastal and Lakes & Mountains Realty/Hanover
Buyer's Agent
Rachel Xavier
KW Coastal and Lakes & Mountains Realty/Meredith
List Price
$367,000
Sold Price
$365,000
Premium/Discount to List
-$2,000
-0.54%
Views
64
Current Estimated Value
$367,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,667
Avg. Annual Appreciation
1.51%
Original Mortgage
$273,750
Outstanding Balance
$267,866
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$109,790

Purchase Details

Closed on
Aug 12, 2022
Sold by
Roberts Rentals Llc
Bought by
Roberts Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
5.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 9, 2021
Sold by
Simplified Re Hldg Grp
Bought by
Roberts Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1994
Bought by
Feola Raymond H
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
Espinola Craig M $365,000 None Available
Roberts Bradley -- None Available
Roberts Bradley -- None Available
Roberts Rentals Llc $150,000 None Available
Feola Raymond H $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinola Craig M $273,750
Previous Owner Roberts Bradley $255,500
Previous Owner Roberts Rentals Llc $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $365,000 -0.5% $202 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $367,000 -- $203 / 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 $3,690 $270,700 $73,300 $197,400
2023 $3,390 $243,700 $64,100 $179,600
2022 $1,611 $108,500 $48,700 $59,800
2021 $2,410 $127,800 $27,700 $100,100
2020 $2,360 $119,700 $27,700 $92,000
2019 $2,261 $109,800 $26,000 $83,800
2018 $2,264 $108,600 $26,000 $82,600
2017 $2,284 $108,600 $26,000 $82,600
2016 $2,282 $102,800 $26,000 $76,800
2015 $2,184 $98,400 $27,400 $71,000
2014 $2,332 $104,100 $27,300 $76,800
2013 $2,268 $102,700 $25,900 $76,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4949373

PrimeMLS

APN: LACO-000432-000220-000057