NOT LISTED FOR SALE

233 Union Ave Laconia, NH 03246

Estimated Value: $286,145

3 Beds
1 Bath
2,697 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $224,200 $83 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,923/month

132 Days on Market

Highlights

  • New Englander Architecture
  • Corner Lot
  • 3-minute walk to Laconia Parks & Rec Maintenance

About This Home

As of October 2020

2 Unit Multi-Family home with an additional 965+/- Sq. Ft. commercial storefront. Living area of the two apartments is 1,732+/- SF and the storefront is currently being leased to the popular Goody Good Donuts Shop. The first-floor apartment has a long-term tenant. Second-floor apartment renovated as part of an ongoing upgrade and leased. Across from CVS drug store, and within walking distance of many other residential homes and commercial establishments. Many updates to both apartment and retail space, including new roof and steps – see Marketing Package for building improvement list. The ideal location of this property boasts a daily traffic count of 17,000+/- cars per day. Union Avenue/Route 3 is the main road through New Hampshire’s Lakes Region. The City of Laconia is the hub of this area, with industry, lodging, retail, and a year-round population of approximately 16,492+/-.

Last Agent to Sell the Property

Warren Clement

RE/MAX Innovative Bayside License #067251 Listed on: 05/18/2020

RE/MAX Innovative Bayside

Last Buyer's Agent

Warren Clement

RE/MAX Innovative Bayside License #067251 Listed on: 05/18/2020

RE/MAX Innovative Bayside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,543

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

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

Interior Spaces

  • 2-Story Property

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Gravel Driveway

Utilities

  • Heating System Uses Oil
  • 110 Volts
  • Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 77 / 220
  • 21% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,543

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: Union Avenue (Route 3) to Busy Corner, #233-235 is on the corner of Winter St. and Union Ave.
  • Assessment Amount: 172100
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 83.13
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3526
  • Sq Ft - Apx Total Finished: 2697
  • Property Type: Multi-Family
  • Year Built: 1930
  • Remarks Public: 2 Unit Multi-Family home with an additional 965+/- Sq. Ft. commercial storefront. Living area of the two apartments is 1,732+/- SF and the storefront is currently being leased to the popular Goody Good Donuts Shop. The first-floor apartment has a long-term tenant. Second-floor apartment renovated as part of an ongoing upgrade and leased. Across from CVS drug store, and within walking distance of many other residential homes and commercial establishments. Many updates to both apartment and retail space, including new roof and steps – see Marketing Package for building improvement list. The ideal location of this property boasts a daily traffic count of 17,000+/- cars per day. Union Avenue/Route 3 is the main road through New Hampshire’s Lakes Region. The City of Laconia is the hub of this area, with industry, lodging, retail, and a year-round population of approximately 16,492+/-.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partial
  • Sq Ft - Apx Finished AG: 2697
  • Sq Ft - Apx Unfinished BG: 829

Exterior Features

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

Garage/Parking

  • Parking: Parking Spaces 4

Utilities

  • Electric: 110 Volt
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Oil
  • Heating: Hot Air

Lot Info

  • Map: 426
  • Lot: 77
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: Urban Commercial
  • Deed Book: 3057
  • Deed Page: 0290
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 20.59
  • Tax Gross Amount: 3543
  • Tax Year: 2019

Multi Family

  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2016
Sold by
W J & M R Richards Llc
Bought by
Jlf Realty Llc
Current Estimated Value
$286,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2003
Sold by
Hutchinson Walter J and Hutchinson Janet L
Bought by
Richards William J and Richards Margaret R

Purchase Details

Closed on
Oct 26, 1998
Sold by
D P Tardif Tr
Bought by
Parshley Roxana R and Parshley Danny E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.74%
Mortgage Type
Commercial
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
Jlf Realty Llc $135,000 --
Jlf Realty Llc $135,000 --
Richards William J $200,000 --
Richards William J $200,000 --
Parshley Roxana R $150,000 --
Parshley Roxana R $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jlf Realty Llc $262,000
Closed Jlf Realty Llc $50,000
Closed Jlf Realty Llc $108,000
Previous Owner Parshley Roxana R $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $224,200 -10.0% $83 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $249,000 0.0% $92 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $249,000 0.0% $92 / Sq Ft
05/07/2016 05/07/16 Rented $625 -13.8% --
04/07/2016 04/07/16 Under Contract -- -- --
03/18/2016 03/18/16 For Rent $725 0.0% --
09/08/2015 09/08/15 Rented $725 0.0% --
08/09/2015 08/09/15 Under Contract -- -- --
05/13/2015 05/13/15 For Rent $725 -- --
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 $4,364 $320,200 $75,500 $244,700
2023 $3,882 $279,100 $66,000 $213,100
2022 $3,377 $227,400 $50,100 $177,300
2021 $3,583 $190,000 $28,600 $161,400
2020 $3,587 $181,900 $28,600 $153,300
2019 $3,544 $172,100 $26,800 $145,300
2018 $3,517 $168,700 $26,800 $141,900
2017 $3,722 $177,000 $26,800 $150,200
2016 $3,816 $171,900 $26,800 $145,100
2015 $3,585 $161,500 $28,300 $133,200
2014 $3,745 $167,200 $28,200 $139,000
2013 $3,659 $165,700 $26,700 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4806151

PrimeMLS

APN: 426 220 77