NOT LISTED FOR SALE

194 Mechanic St Lebanon, NH 03766

Estimated Value: $388,000 - $437,000

5 Beds
2 Baths
1,635 Sq Ft
$251/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $270,000 $165 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,836/month

10 Days on Market

Highlights

  • 1.36 Acre Lot
  • Countryside Views
  • Hilly Lot
  • Lebanon Middle School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of April 2022

Delayed showing until 2/24/22, 48 hours notice both units are rented, $1,800 and $2,000 a month, good income. Video tour see unbranded video in MLS. Furnished upstairs apartment has rented for $2,000 a month recently current rent is $1,000 with one empty bedroom. Downstairs unit was been occupied by the same tenant since 2016, needed renovation, but seller found a new tenant who moved in July 1, 2021 no work was done to the unit. Currently paying $1,800 a month pays heat about 850 gallons a year and electric, lease until July 1, 2022. Property was surveyed and was subdivided in 2004 approved by the town, owner decided to keep as one lot for tax purposes, survey is no longer approved by current zoning. The property backs up to the rail trail. Electrical box is fuses for downstairs and circuit breakers upstairs. Most insurance company's will require the fuse box be replaced with circuit breakers before they will insure. Downstairs apartment rent is $1,800 a month, with renovations a 3 bedroom apartment could easily rent for more with half a garage.

Last Agent to Sell the Property

Deb Roberts

RE/MAX Upper Valley License #082.0007001 Listed on: 02/21/2022

RE/MAX Upper Valley

Last Buyer's Agent

David Donegan

Snyder Donegan Real Estate Group License #068745

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,935

Year Built

  • Built in 1900

Lot Details

  • 1.36 Acre Lot
  • Lot Sloped Up
  • Hilly Lot
  • Wooded Lot
  • Garden

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Duplex
  • New Englander Architecture
  • Repairs Needed
  • Converted Dwelling
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,635 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Countryside Views

Flooring

  • Wood
  • Carpet
  • Laminate

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Washer and dryer on first floor belong to tenants
  • Legal Lot and Block 11 / 105
  • 27% Total Tax Rate

Community Details

Overview

  • 2 Units
  • Seller Association

Recreation

  • Hiking Trails

Building Details

  • Gross Income $36,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,935

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Conversion, Duplex, Multi-Family, Multi-Level, New Englander, Rehab Needed
  • Directions: exit 19 off I-89 toward downtown Lebanon property will be on the left just before the Children's Center.
  • Footprint: 49x20
  • Assessment Amount: 182900
  • Assessment Year: 2021
  • Construction: Existing
  • Items Excluded: Washer and dryer on first floor belong to tenants
  • Total Stories: 2
  • Price Per Sq Ft: 165.14
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1635
  • Sq Ft - Apx Total Finished: 1635
  • Year Built: 1900
  • Remarks Public: Delayed showing until 2/24/22, 48 hours notice both units are rented, $1,800 and $2,000 a month, good income. Video tour see unbranded video in MLS. Furnished upstairs apartment has rented for $2,000 a month recently current rent is $1,000 with one empty bedroom. Downstairs unit was been occupied by the same tenant since 2016, needed renovation, but seller found a new tenant who moved in July 1, 2021 no work was done to the unit. Currently paying $1,800 a month pays heat about 850 gallons a year and electric, lease until July 1, 2022. Property was surveyed and was subdivided in 2004 approved by the town, owner decided to keep as one lot for tax purposes, survey is no longer approved by current zoning. The property backs up to the rail trail. Electrical box is fuses for downstairs and circuit breakers upstairs. Most insurance company's will require the fuse box be replaced with circuit breakers before they will insure. Downstairs apartment rent is $1,800 a month, with renovations a 3 bedroom apartment could easily rent for more with half a garage.
  • List Agent: 8735
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Wood
  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Stairs - Interior, Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 1635

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel, Paved
  • Exterior: Aluminum, Clapboard
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal
  • Features Exterior: Deck, Garden Space, Natural Shade, Storage, Windows - Double Pane

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Parking Spaces 4
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s), Fuses
  • Sewer: Public
  • Water: Public Water - On-Site
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Trash: Tenant
  • Utilities: Cable - At Site, High Speed Intrnt -Atsite

Condo/Co-op/Association

  • Management Company: seller

Schools

  • School District: Lebanon School District
  • Middle School: Lebanon Middle School
  • High School: Lebanon High School
  • High School: Lebanon High School

Lot Info

  • Map: 105
  • Lot: 11
  • Lot Sq Ft: 59242
  • Lot Acres: 1.36
  • Lot Description: City Lot, Country Setting, Hilly, Sloping, Walking Trails, Wooded
  • Surveyed: Yes
  • Zoning: R-2
  • Deed Book: 3482
  • Deed Page: 449-452
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 36600
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Taxes TBD: Yes
  • Tax Rate: 26.98
  • Tax Gross Amount: 4935
  • Tax Year: 2021

MLS Schools

  • School District: Lebanon School District
  • School Middle Jr: Lebanon Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2008
Sold by
Jlr Properties Llc
Bought by
Wong Janet
Current Estimated Value
$410,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$107,587
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$302,666
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wong Janet $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Janet $170,000
Previous Owner Wong Janet $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $270,000 -9.7% $165 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $299,000 -- $183 / 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 $8,210 $312,400 $85,500 $226,900
2023 $7,585 $312,400 $85,500 $226,900
2022 $7,198 $312,400 $85,500 $226,900
2021 $4,935 $182,900 $61,800 $121,100
2019 $4,820 $158,700 $59,000 $99,700
2018 $4,717 $158,700 $59,000 $99,700
2017 $4,656 $160,100 $59,000 $101,100
2016 $4,504 $160,100 $59,000 $101,100
2015 $4,420 $160,100 $59,000 $101,100
2014 $4,093 $155,800 $66,800 $89,000
2013 $3,974 $155,800 $66,800 $89,000
Source: Public Records

Agents Affiliated with this Home

  • Deb Roberts

    Seller's Agent in 2022

    Deb Roberts

    RE/MAX

    (603) 381-3977

    42 in this area

    160 Total Sales

    Deb Roberts
    Section Image
  • David Donegan

    Buyer's Agent in 2022

    David Donegan

    Snyder Donegan Real Estate Group

    (603) 443-0044

    20 in this area

    139 Total Sales

    David Donegan
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4898629

PrimeMLS

APN: LBAN-000105-000011

New Hampshire Grafton County Lebanon 03766

194 Mechanic St, Lebanon, NH

This home is located at 194 Mechanic St, Lebanon, NH 03766 since 21 February 2022 and is currently estimated at $410,253, approximately $250 per square foot. This property was built in 1900. 194 Mechanic St is a home located in Grafton County with nearby schools including Mt. Lebanon School, Lebanon Middle School, and Lebanon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes