$450,000
SOLD DEC 22, 2021

225 Shannon Rd Salem, NH 03079

6 Beds
2 Baths
2,285 Sq Ft
1.12 Acres

Recently Sold

$197 Per Sq Ft

5% Above List Price

9 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • High Speed Internet
  • Stream or River on Lot
  • Baseboard Heating
  • Level Lot

About This Home

As of December 2021

*Offer deadline 11-21-21 8:00pm. Great opportunity here in North Salem for a multi family investment! This old girl is a little tired and in need of someone who is wiling to breathe new life into her! There is plenty of equity to be built here with the added bonus of a monthly rent payment. Home inspection was completed to give buyer more info on conditon. Property is zoned Multi Family. The 2 bedroom 1 bath townhouse has its' own newer septic system, heating system and utilities with public water. There is a nice spacious open concept living room, kitchen and dining room which looks out through the sliding glass doors to the beautiful serene back yard. Great natural light in that room. The main house is a 4 bedroom and 1 bath home with a full basement and a huge semi finished 3 season room with hardwood flooring. The main home has a newer kitchen. Most of the house is hardwood with the exception of the bathroom and kitchen/hall. (there just may be hardwood hiding under the laminate) The 3 season room is already framed and ready to add additional windows all the way around if her new owner wishes. There was a new roof installed in 2020. To add to the charm in the main house is a large stone fireplace equipped with a wood stove that heats the house up nicely. Whether it be sitting by the blazing fire in the winter months or relaxing on the back porch and listening to the babble of the stream in the spring, there's plenty to enjoy. This location is just stunning!

Last Agent to Sell the Property

SeMone Barberian

KW Coastal and Lakes & Mountains Realty License #053423 Listed on: 11/13/2021

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Jason Martinez

Realty ONE Group NEST License #074574

Realty ONE Group NEST

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,595

Year Built

  • Built in 1954

Lot Details

  • 1.12 Acre Lot
  • Level Lot

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Wood Burning Stove

Flooring

  • Wood
  • Laminate

Partially Finished Basement

  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Stream or River on Lot

Schools

  • Salem High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • Propane
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Tax Lot 6306

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,595

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Ranch, Townhouse
  • Directions: RT 97 to North on Hampstead Rd, turns into Shannon. House on left across from horse farm.
  • Footprint: 78 x 26
  • Assessment Amount: 444800
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 196.94
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3693
  • Sq Ft - Apx Total Finished: 2285
  • Year Built: 1954
  • Remarks Public: *Offer deadline 11-21-21 8:00pm. Great opportunity here in North Salem for a multi family investment! This old girl is a little tired and in need of someone who is wiling to breathe new life into her! There is plenty of equity to be built here with the added bonus of a monthly rent payment. Home inspection was completed to give buyer more info on conditon. Property is zoned Multi Family. The 2 bedroom 1 bath townhouse has its' own newer septic system, heating system and utilities with public water. There is a nice spacious open concept living room, kitchen and dining room which looks out through the sliding glass doors to the beautiful serene back yard. Great natural light in that room. The main house is a 4 bedroom and 1 bath home with a full basement and a huge semi finished 3 season room with hardwood flooring. The main home has a newer kitchen. Most of the house is hardwood with the exception of the bathroom and kitchen/hall. (there just may be hardwood hiding under the laminate) The 3 season room is already framed and ready to add additional windows all the way around if her new owner wishes. There was a new roof installed in 2020. To add to the charm in the main house is a large stone fireplace equipped with a wood stove that heats the house up nicely. Whether it be sitting by the blazing fire in the winter months or relaxing on the back porch and listening to the babble of the stream in the spring, there's plenty to enjoy. This location is just stunning!
  • List Agent: 16111
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Laminate
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, Partially Finished, Exterior Access
  • Sq Ft - Apx Finished AG: 2285
  • Sq Ft - Apx Unfinished AG: 264
  • Sq Ft - Apx Unfinished BG: 1144

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Stone, Vinyl Siding
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Palmer
  • Sewer: Private
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Hot Water, Stove - Wood
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 1
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable, Gas - Lp/Bottle, Internet - Cable

Schools

  • High School: Salem High School
  • High School: Salem High School

Lot Info

  • Map: 24
  • Lot: 6306
  • Lot Sq Ft: 48787
  • Lot Acres: 1.12
  • Lot Description: Level, Stream
  • Zoning: Multi-Family
  • Deed Book: 5330
  • Deed Page: 2087
  • Deed Recorded Type: Quit Claim

Multi Family

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

Tax Info

  • Tax Gross Amount: 6595
  • Tax Year: 2020

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
$552,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,439
Avg. Annual Appreciation
4.32%
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:

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 Type Sale Price Title Company
Warranty Deed $450,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $434,981 FHA
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4890613

PrimeMLS

APN: SLEM-000024-006306