NOT LISTED FOR SALE

223 Elm St Laconia, NH 03246

Estimated Value: $387,000 - $1,054,000

5 Beds
2 Baths
2,390 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $135,000 $56 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $3,604/month

24 Days on Market

Highlights

  • Wood Flooring
  • Circular Driveway
  • Landscaped
  • New Englander Architecture
  • 3 Car Detached Garage

About This Home

As of May 2017

Opportunity knocks, excellent owner occupied or investment property. Two units situated on an oversized well landscaped lot, newer poured concrete foundation, vinyl siding, two car detached garage, one car garage under, some hardwood, excellent location within walking distance to park, beach and services. This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

Nancy Desrosiers

Coldwell Banker Realty Gilford NH Brokerage Phone: 603-524-2255 License #042751 Listed on: 04/04/2017

Coldwell Banker Realty Gilford NH

Last Buyer's Agent

Rick Edson

Big Lake Realty, LLC License #065775

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,596

Year Built

  • Built in 1883

Lot Details

  • 0.43 Acre Lot
  • Landscaped
  • Lot Sloped Up

Parking

  • 3 Car Detached Garage
  • Circular Driveway

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,390 Sq Ft Home
  • 1.75-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 68 / 71

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,596

Year Built

Built in 1883

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: Union Ave to Elm St property on right
  • Flood Zone: Unknown
  • Assessment Amount: 162400
  • Assessment Year: 2017
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 1.75
  • Price Per Sq Ft: 56.49
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4030
  • Sq Ft - Apx Total Finished: 2390
  • Year Built: 1883
  • Remarks Public: Opportunity knocks, excellent owner occupied or investment property. Two units situated on an oversized well landscaped lot, newer poured concrete foundation, vinyl siding, two car detached garage, one car garage under, some hardwood, excellent location within walking distance to park, beach and services. This is a Fannie Mae Homepath property.
  • List Agent: 14319
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Full
  • Sq Ft - Apx Finished AG: 2390
  • Sq Ft - Apx Unfinished BG: 1640

Exterior Features

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

Garage/Parking

  • Garage Capacity: 3
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Cable Company: Metrocast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Laconia Oil
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Air
  • Electric Company: Eversource
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2

Lot Info

  • Map: 351
  • Lot: 68
  • Lot Sq Ft: 18731
  • Lot Acres: 0.43
  • Lot Description: Landscaped
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 3080
  • Deed Page: 257
  • Deed Recorded Type: Foreclosure

Multi Family

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

Tax Info

  • Tax Gross Amount: 3596
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
D & D Tarbox 2018 Ret
Bought by
Weeks Michael J and Pedersen Joan S
Current Estimated Value
$599,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Outstanding Balance
$255,185
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$343,868

Purchase Details

Closed on
Nov 27, 2018
Sold by
Tarbox Deborah A and Tarbox David H
Bought by
R David

Purchase Details

Closed on
Jul 30, 2018
Sold by
Timothy P King
Bought by
Tarbox Deborah and Tarbox David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
4.54%

Purchase Details

Listed on
Apr 4, 2017
Closed on
May 24, 2017
Sold by
Fnma
Bought by
Tarbox Deborah A and Tarbox David H
Seller's Agent
Nancy Desrosiers
Coldwell Banker Realty Gilford NH
Buyer's Agent
Rick Edson
Big Lake Realty, LLC
List Price
$124,900
Sold Price
$135,000
Premium/Discount to List
$10,100
8.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.43%
Original Mortgage
$108,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2016
Sold by
Sanborn Nicole E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 26, 2014
Sold by
Macdonald Ryan W
Bought by
Sanborn Nicole E

Purchase Details

Closed on
Apr 17, 2002
Sold by
Theall Glen S
Bought by
Sanborn Samuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.85%
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
Weeks Michael J $285,000 None Available
R David -- --
R David -- --
Tarbox Deborah -- --
Tarbox Deborah A $135,000 --
Federal National Mortgage Association $103,800 --
Sanborn Nicole E -- --
Sanborn Samuel J $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weeks Michael J $279,837
Previous Owner Sanborn Samuel J $53,000
Previous Owner Sanborn Samuel J --
Previous Owner Tarbox Deborah A $108,000
Previous Owner Sanborn Samuel J $136,000
Previous Owner Sanborn Samuel J $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $135,000 +8.1% $56 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $124,900 -- $52 / 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 $4,978 $365,200 $131,900 $233,300
2023 $4,646 $334,000 $120,900 $213,100
2022 $3,926 $264,400 $102,600 $161,800
2021 $4,032 $213,800 $67,400 $146,400
2020 $3,796 $192,500 $57,400 $135,100
2019 $3,628 $176,200 $52,400 $123,800
2018 $3,609 $173,100 $50,900 $122,200
2017 $3,619 $172,100 $49,900 $122,200
2016 $3,605 $162,400 $49,900 $112,500
2015 $3,488 $157,100 $52,500 $104,600
2014 $3,692 $164,800 $52,300 $112,500
2013 $3,577 $162,000 $49,500 $112,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4625526

PrimeMLS

APN: LACO-000351-000071-000068