NOT LISTED FOR SALE

185 Lita Ln Newmarket, NH 03857

Estimated Value: $158,000 - $238,000

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

Last Sold September 16, 2022

Last sale price $130,000 $179 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,565/month

64 Days on Market

Highlights

  • Landscaped
  • High Speed Internet
  • Level Lot
  • Newmarket Elementary School Rated A-

About This Home

As of September 2022

ATTENTION INVESTORS, are you tired of losing money in the stock market? How about an investment that has only improved over time? This two bed one bath condo can only be purchased cash or portfolio loan due to high investor ratio. Closing after 8/8/22 with tenant leaving 9/30/22. Current rental rate is low. This condo is pet friendly and walk to quaint Newmarket downtown!

Last Agent to Sell the Property

Darlene Ellis

EXP Realty License #065388 Listed on: 05/27/2022

EXP Realty

Last Buyer's Agent

Carrie Ann Kellerman

KW Coastal and Lakes & Mountains Realty License #067499

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1987

Lot Details

  • Landscaped

HOA Fees

  • $314 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 728 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Association fees include landscaping, plowing, trash, water
  • Great Woods Condos

Listing and Financial Details

  • Legal Lot and Block 185 / 30

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,935

Year Built

Built in 1987

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Use Waze or Google Maps
  • Units per Building: 18
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 178.57
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1987
  • List Agent: 15827
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • 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: 185
  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Brick Veneer
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric
  • Heating: Electric
  • Cooling: Wall AC Units
  • Utilities: Internet - Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 314
  • Fee Includes: Landscaping, Plowing, Trash, Water
  • Condo Fees: Yes
  • Condo Name: Great Woods

Lot Info

  • Map: r3
  • Lot: 185
  • Common Land Acres: 9
  • Lot Description: Landscaped, Level
  • Surveyed: Unknown
  • Zoning: r2
  • Deed Book: 6313
  • Deed Page: 1485
  • Deed Recorded Type: Warranty

Rental Info

  • Rental Amount: 1300
  • Rented: Yes

Tax Info

  • Tax Gross Amount: 1935
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 16, 2022
Sold by
Gauthier Erin
Bought by
Hernandez Jose and Hernandez Mariebl
Seller's Agent
Darlene Ellis
EXP Realty
Buyer's Agent
Carrie Ann Kellerman
KW Coastal and Lakes & Mountains Realty
List Price
$142,500
Sold Price
$130,000
Premium/Discount to List
-$12,500
-8.77%
Current Estimated Value
$194,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,857
Avg. Annual Appreciation
13.48%
Original Mortgage
$104,000
Outstanding Balance
$99,058
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$95,799

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 6, 2021
Sold by
Hoag Susan A
Bought by
Gauthier Erin
Seller's Agent
Heidi Krassner
RE/MAX Shoreline
Buyer's Agent
Darlene Ellis
EXP Realty
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%

Purchase Details

Closed on
Dec 4, 2015
Sold by
Hoag Jotham S and Hog Susan A
Bought by
Hog Susan A

Purchase Details

Closed on
Aug 23, 2004
Sold by
Tingley Keith I and Tingley Michele R
Bought by
Hoag Jotham S and Hoag Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2003
Sold by
Bader Seth
Bought by
Tingley Keith I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,340
Interest Rate
5.86%

Purchase Details

Closed on
Feb 13, 1997
Sold by
Sad Mad Rt
Bought by
Bader Seth
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
Hernandez Jose $130,000 None Available
Gauthier Erin $120,000 None Available
Hog Susan A -- --
Hoag Jotham S $77,000 --
Tingley Keith I $66,000 --
Bader Seth $25,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jose $104,000
Previous Owner Bader Seth $61,600
Previous Owner Bader Seth $65,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $130,000 -1.9% $179 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $132,500 -3.6% $182 / Sq Ft
06/08/2022 06/08/22 Price Changed $137,500 -3.5% $189 / Sq Ft
05/27/2022 05/27/22 For Sale $142,500 +18.8% $196 / Sq Ft
08/06/2021 08/06/21 Sold $120,000 -4.0% $165 / Sq Ft View Prior Sale
07/14/2021 07/14/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $125,000 0.0% $172 / Sq Ft
07/29/2020 07/29/20 Rented $1,200 -2.0% --
02/18/2020 02/18/20 For Rent $1,225 +6.5% --
03/21/2019 03/21/19 Rented $1,150 0.0% --
12/31/2018 12/31/18 For Rent $1,150 0.0% --
09/23/2017 09/23/17 Rented $1,150 0.0% --
07/31/2017 07/31/17 For Rent $1,150 -- --
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 $2,743 $159,500 $0 $159,500
2023 $2,165 $73,400 $0 $73,400
2022 $1,981 $73,400 $0 $73,400
2021 $1,935 $73,400 $0 $73,400
2020 $1,869 $73,400 $0 $73,400
2018 $1,833 $62,700 $0 $62,700
2017 $879 $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: 4912392

PrimeMLS

APN: NMAR-000003-000030-000185-R000000