NOT LISTED FOR SALE

225 Shannon Rd Salem, NH 03079

Estimated Value: $298,000 - $624,000

2 Beds
1 Bath
1,000 Sq Ft
$527/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $450,000 $450 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,579/month

Highlights

  • Baseboard Heating
  • Level Lot
  • Walk-Up Access

About This Home

As of January 2022

Updated 2 bedroom apartment set on beautiful lot in convenient Salem location. Apartment is a 2 bed, 1 bath consisting of approximately 1,000 SF. In unit laundry with new machines on order that will be provided. Updated cabinets and vanity, new luxury vinyl plank flooring and fresh paint throughout. Tenant responsible for all utilities. No dogs, other pets considered. 12 month minimum lease. No smoking allowed inside building. Tenant will be responsible for first, security and broker fee; $4,950 total due on move in. Only complete applications considered. Application fee of $30 for credit, background, and eviction check. Paystub review and references required. Apartment listed may no longer be available.

Last Agent to Rent the Property

Andrew Chapman

Four Points Real Estate Listed on: 01/18/2022

Last Renter's Agent

Andrew Chapman

Four Points Real Estate Listed on: 01/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,300

Year Built

  • Built in 1954

Lot Details

  • Level Lot

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Walk-Up Access

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 100 Amp Service
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,300

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Rental Amount Frequency: Monthly
  • Price Rented: 1850

Listing Details

  • Status Detail: Leased
  • Style: Multi-Family
  • Directions: Providence Hill Road to Shannon Road.
  • Construction: Existing
  • Total Stories: 2
  • Property Class: Rental
  • Property Type: Multi-Family
  • Year Built: 1954
  • Remarks Public: Updated 2 bedroom apartment set on beautiful lot in convenient Salem location. Apartment is a 2 bed, 1 bath consisting of approximately 1,000 SF. In unit laundry with new machines on order that will be provided. Updated cabinets and vanity, new luxury vinyl plank flooring and fresh paint throughout. Tenant responsible for all utilities. No dogs, other pets considered. 12 month minimum lease. No smoking allowed inside building. Tenant will be responsible for first, security and broker fee; $4,950 total due on move in. Only complete applications considered. Application fee of $30 for credit, background, and eviction check. Paystub review and references required. Apartment listed may no longer be available.
  • List Agent: 286032
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walk-Up
  • Basement Description: Concrete
  • Sq Ft - Apx Finished AG: 1000
  • Sq Ft - Apx Total: 1000
  • Sq Ft - Apx Total Finished: 1000

Exterior Features

  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Roads: Public

Utilities

  • Electric: 100 Amp
  • Sewer: Septic
  • Water: Public
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard
  • Utilities: Cable - Available, Gas - Lp/Bottle

Lot Info

  • Lot Description: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Dec 22, 2021
Sold by
Vitale Lt
Bought by
Townsend Connor and Ciampa Leah N
Seller's Agent
Andrew Chapman
Four Points Real Estate
Buyer's Agent
Andrew Chapman
Four Points Real Estate
Sold Price
$1,850
Current Estimated Value
$527,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,399
Avg. Annual Appreciation
4.49%
Original Mortgage
$434,981
Outstanding Balance
$404,348
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$123,731

Purchase Details

Closed on
Apr 1, 1981
Bought by
Lt Vitale
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Townsend Connor $450,000 None Available
Lt Vitale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend Connor $185,000
Open Townsend Connor $434,981
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Rented $1,850,000 +102677.8% --
01/18/2022 01/18/22 For Rent $1,800 0.0% --
12/22/2021 12/22/21 Sold $450,000 +4.7% $197 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $429,900 -- $188 / 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 $8,300 $471,600 $173,300 $298,300
2023 $7,998 $471,600 $173,300 $298,300
2022 $7,569 $471,600 $173,300 $298,300
2021 $7,108 $444,800 $173,300 $271,500
2020 $6,595 $299,500 $123,900 $175,600
2019 $6,583 $299,500 $123,900 $175,600
2018 $6,303 $299,500 $123,900 $175,600
2017 $6,119 $299,500 $123,900 $175,600
2016 $6,119 $299,500 $123,900 $175,600
2015 $5,425 $253,600 $113,400 $140,200
2014 $5,272 $253,600 $113,400 $140,200
2013 $5,189 $253,600 $113,400 $140,200
Source: Public Records

Agents Affiliated with this Home

  • Andrew Chapman

    Landlord's Agent in 2022

    Andrew Chapman

    Four Points Real Estate

    (617) 306-3926

    51 Total Sales

    Section Image
  • SeMone Barberian

    Seller's Agent in 2021

    SeMone Barberian

    KW Coastal and Lakes & Mountains Realty

    (603) 767-3737

    38 Total Sales

    Section Image
  • Jason Martinez

    Buyer's Agent in 2021

    Jason Martinez

    Realty ONE Group NEST

    (617) 708-7171

    50 Total Sales

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Map

Source: PrimeMLS

MLS Number: 4895571

PrimeMLS

APN: SLEM-000024-006306

New Hampshire Rockingham County Salem 03079

225 Shannon Rd, Salem, NH

This home is located at 225 Shannon Rd, Salem, NH 03079 since 18 January 2022 and is currently priced at $527,249. This property was built in 1954. 225 Shannon Rd is a home located in Rockingham County with nearby schools including North Salem Elementary School, Woodbury School, and Salem High School.

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