NOT LISTED FOR SALE

172 Lita Ln Newmarket, NH 03857

Estimated Value: $157,000 - $277,000

2 Beds
1 Bath
728 Sq Ft
$314/mo HOA Fee

Last Sold June 09, 2021

Last sale price $125,000 $172 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,620/month

7 Days on Market

About This Home

As of June 2021

Amazing opportunity to own this affordable Condo instead of rent or a great investment property. Located just outside of downtown Newmarket this Condo located at Great Bay Woods is a newly updated 2 bedroom 1 bath garden unit. Open concept kitchen/living area and two large bedrooms. Close to everything Newmarket has to offer! Plenty of parking for guests. Enjoy condo living with snow removal and landscaping. 10 minutes to UNH and 15 minutes to the beach! Pet friendly!

Last Agent to Sell the Property

Jake Pepin

EXP Realty Listed on: 05/14/2021

EXP Realty

Last Buyer's Agent

Greg LoFaro

RE/MAX Synergy License #076683

RE/MAX Synergy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1987

HOA Fees

  • $314 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Paved Parking
  • Unassigned Parking

Schools

  • Newmarket Elementary School
  • Newmarket Junior High School
  • Newmarket Senior High School

Utilities

  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Great Bay Woods Condos

Listing and Financial Details

  • Legal Lot and Block 172 / 30
  • 25% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,705

Year Built

Built in 1987

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Status Detail: Closed
  • Style: Condex
  • Directions: From downtown Newmarket follow 108 to take a right onto Lita Lane. Then Left into condominium building is the second building.
  • Units per Building: 24
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 171.7
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1987
  • L A1 M M S I Memberkey: 619047
  • List Agent: 282377
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 71338
  • S A1 M M S I Memberkey: 623268
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 70001
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range - Electric, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Sq Ft - Apx Finished AG: 728
  • Sq Ft - Apx Total: 728
  • Sq Ft - Apx Total Finished: 728

Exterior Features

  • Building Number: 2
  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum, Brick
  • Foundation: Concrete
  • Roads: Paved
  • Roof: Shingle

Garage/Parking

  • Parking: Unassigned

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating: Electric
  • Utilities: Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 314
  • Condo Fees: Yes
  • Condo Name: Great Bay Woods

Schools

  • Elementary School: Newmarket Elem School
  • High School: Newmarket Senior HS

Lot Info

  • Map: R3
  • Lot: 172
  • Lot Description: Condo Development
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 4834
  • Deed Page: 1063
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 25.46
  • Tax Gross Amount: 1705
  • Tax Year: 2020

MLS Schools

  • School District: Newmarket SAU #31
  • School Middle Jr: Newmarket Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2007
Sold by
Lewallen Donna
Bought by
Wendel Brian W and Wendel Margaret M
Current Estimated Value
$207,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,575
Outstanding Balance
$47,241
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$160,549

Purchase Details

Closed on
Oct 26, 1999
Sold by
Fnma
Bought by
Lewallen Donna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wendel Brian W $78,500 --
Lewallen Donna $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewallen Donna $74,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $125,000 0.0% $172 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $125,000 -- $172 / 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 $2,592 $150,700 $0 $150,700
2023 $1,976 $67,000 $0 $67,000
2022 $1,808 $67,000 $0 $67,000
2021 $1,766 $67,000 $0 $67,000
2020 $1,706 $67,000 $0 $67,000
2018 $1,833 $62,700 $0 $62,700
2017 $1,676 $62,700 $0 $62,700
2016 $1,596 $62,700 $0 $62,700
2015 $1,565 $62,700 $0 $62,700
2014 $1,615 $62,700 $0 $62,700
2013 $1,649 $67,400 $0 $67,400
2012 $1,595 $67,400 $0 $67,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4860946

PrimeMLS

APN: NMAR-000003-000030-000172-R000000