NOT LISTED FOR SALE

16 Mechanic St Gorham, NH 03581

Estimated Value: $244,877 - $283,000

3 Beds
2 Baths
1,524 Sq Ft
$171/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $32,500 $21 Per Sq Ft

Est. 665% increase in value since last sale

Current estimated payment $1,726/month

209 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Enclosed Patio or Porch
  • Colonial Architecture
  • 1 Car Detached Garage
  • Hot Water Heating System

About This Home

As of December 2013

(1247) - 7 room, 3 bedroom 2 bath house with 1524 sq ft on a 0.23 acre lot. Has a large garage/barn for plenty of storage. The house retains much of it's original charm, has original woodwork, gleaming hardwood floors. Interior does need some TLC. Located only steps to the Middle/High School and downtown Gorham. Short drive to both Wildcat and Sunday River.

Last Agent to Sell the Property

Steve Grone

RE/MAX Northern Edge Realty LLC License #059819 Listed on: 04/24/2013

RE/MAX Northern Edge Realty LLC

Last Buyer's Agent

Steve Grone

RE/MAX Northern Edge Realty LLC License #059819 Listed on: 04/24/2013

RE/MAX Northern Edge Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1870

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Property is zoned RA

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Asbestos

Interior Spaces

  • 1.5-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry

Schools

  • Edward Fenn Elementary School
  • Gorham Middle School
  • Gorham High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Water Meter
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Barn

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 77

Home Details

Home Type

Single Family

Year Built

Built in 1870

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: Main St, turn onto Mechanic St, property on the right
  • Flood Zone: Unknown
  • Assessment Amount: 126600
  • Assessment Year: 2012
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 1.5
  • Price Per Sq Ft: 21.33
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1870
  • Remarks Public: (1247) - 7 room, 3 bedroom 2 bath house with 1524 sq ft on a 0.23 acre lot. Has a large garage/barn for plenty of storage. The house retains much of it's original charm, has original woodwork, gleaming hardwood floors. Interior does need some TLC. Located only steps to the Middle/High School and downtown Gorham. Short drive to both Wildcat and Sunday River.
  • List Agent: 12551
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Flooring: Hardwood, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Stairs - Interior, Unfinished
  • Room 1: Kitchen, 17X20, On Level: 1
  • Room 2: Dining Room, 13X14, On Level: 1
  • Room 3: Living Room, 13X13, On Level: 1
  • Room 7: Primary Bedroom, 12X14, On Level: 1
  • Room 8: Bedroom, 13X13, On Level: 2
  • Room 9: Bedroom, 13X15, On Level: 2
  • Room 10: 2, 9X11
  • Room 16: Bath - Full, On Level: 1
  • Room 17: Bath - Full, On Level: 2
  • Sq Ft - Apx Finished AG: 1524
  • Sq Ft - Apx Total BG: 688
  • Sq Ft - Apx Total Finished: 1524
  • Sq Ft - Apx Unfinished BG: 688

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Asbestos, Clapboard
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Enclosed

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Detached
  • Garage: Yes
  • Garage Description: Barn

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Metered, Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Utilities: Cable, Internet - Cable

Schools

  • School District: Gorham School District SAU #20
  • Elementary School: Edward Fenn School
  • Middle School: Gorham Middle School
  • High School: Gorham High School
  • Elementary School: Edward Fenn School
  • High School: Gorham High School

Lot Info

  • Map: U5
  • Lot: 77
  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: RA
  • Deed Book: 1368
  • Deed Page: 040
  • Deed Recorded Type: Fiduciary

Tax Info

  • Tax Gross Amount: 3040
  • Tax Year: 2012

MLS Schools

  • School District: Gorham School District SAU #20
  • School Middle Jr: Gorham Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
Dec 23, 2013
Sold by
Nhfa
Bought by
Arndt Robert R
Seller's Agent
Steve Grone
RE/MAX Northern Edge Realty LLC
Buyer's Agent
Steve Grone
RE/MAX Northern Edge Realty LLC
List Price
$54,900
Sold Price
$32,500
Premium/Discount to List
-$22,400
-40.8%
Current Estimated Value
$248,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,193
Avg. Annual Appreciation
19.54%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Lachance David A and Lachance Nhfa
Bought by
Nhfa

Purchase Details

Closed on
Nov 12, 2003
Sold by
Landers Cathleen L
Bought by
Lachance David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,845
Interest Rate
5.81%
Source: Public Records

Range of Values:

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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
Arndt Robert R $16,300 --
Nhfa $75,700 --
Lachance David A $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lachance David A $78,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2013 12/19/13 Sold $32,500 -40.8% $21 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $54,900 -- $36 / 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 $4,453 $157,400 $20,500 $136,900
2023 $3,864 $157,400 $20,500 $136,900
2022 $3,817 $157,400 $20,500 $136,900
2021 $2,759 $77,500 $19,500 $58,000
2020 $2,468 $77,500 $19,500 $58,000
2019 $2,617 $77,500 $19,500 $58,000
2018 $2,830 $77,500 $19,500 $58,000
2017 $2,631 $77,500 $19,500 $58,000
2014 $2,270 $74,000 $26,100 $47,900
2010 $3,020 $126,100 $25,100 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4231934

PrimeMLS

APN: GORH-000005-000000-000077-U000000