NOT LISTED FOR SALE

242 S Main St Newmarket, NH 03857

Estimated Value: $438,000 - $704,475

2 Beds
1 Bath
936 Sq Ft
$592/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $575,000 $614 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,612/month

8 Days on Market

Highlights

  • 7.5 Acre Lot
  • Cape Cod Architecture
  • Wooded Lot
  • Newmarket Elementary School Rated A-
  • Wetlands Adjacent
  • Wood Flooring

About This Home

As of September 2022

Call Nancy Kingston at 603 396-1046 to view this NEW LISTING!Great opportunity to purchase a 1950's cape with over 7.5 +/- acres with over 735 feet of road frontage. The house is in need of updating on the first floor and completing the second story that was never finished. Screen porch connects the house to the oversized 2 car garage. This property is in R-2 zoning and allows 1 lot every 100' provided there is no wetlands. Preliminary wetland has been completed. Property is in an estate and is being sold "AS IS". Great location convenient to downtown, the boat launch and lots of great shopping and restaurants.

Last Agent to Sell the Property

Nancy Kingston

KW Coastal and Lakes & Mountains Realty/Exeter License #050656 Listed on: 08/03/2022

KW Coastal and Lakes & Mountains Realty/Exeter

Last Buyer's Agent

Jennifer Russell

BHHS Verani Seacoast License #063494

BHHS Verani Seacoast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,292

Year Built

  • Built in 1952

Lot Details

  • 7.5 Acre Lot
  • Wetlands Adjacent
  • Landscaped
  • Interior Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 1.75-Story Property
  • Woodwork
  • Storage

Kitchen

  • Open to Family Room
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Schools

  • Newmarket Elementary School
  • Newmarket Junior High School
  • Newmarket Senior High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Cable TV Available

Additional Features

  • Agricultural
  • Grass Field

Listing and Financial Details

  • Tax Lot 69

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,292

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Flood Zone: Unknown
  • Suitable Use: Residential
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 614.32
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1952
  • Remarks Public: NEW LISTING! Great opportunity to purchase a 1950's cape with over 7.5 +/- acres with over 735 feet of road frontage. The house is in need of updating on the first floor and completing the second story that was never finished. Screen porch connects the house to the oversized 2 car garage. This property is in R-2 zoning and allows 1 lot every 100' provided there is no wetlands. Preliminary wetland map has been completed. Property is in an estate and is being sold "AS IS". Great location convenient to downtown, the boat launch and lots of great shopping and restaurants.
  • List Agent: 17066
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range - Electric, Refrigerator
  • Features Interior: Kitchen/Family, Natural Light, Natural Woodwork, Storage - Indoor, Laundry - Basement
  • Total Bedrooms: 2
  • Flooring: Hardwood, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Full, Stairs - Interior, Storage Space, Unfinished, Interior Access, Stairs - Basement
  • Level 1: Level 1: Bedroom, Level 1: Bath - Full, Level 1: Kitchen, Level 1: Living Room
  • Basement Level Rooms: Level B: Laundry Room
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: 1
  • Room 6: Laundry Room, On Level: Basement
  • Sq Ft - Apx Finished AG: 936
  • Sq Ft - Apx Total: 2574
  • Sq Ft - Apx Total Finished: 936
  • Sq Ft - Apx Unfinished BG: 936
  • Sq Ft - Apx Unfinished AG: 702

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural
  • Easements: Unknown
  • Features Exterior: Garden Space, Natural Shade, Porch - Enclosed, Storage

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Auto Open, Direct Entry

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Utilities: Cable - Available

Schools

  • School District: Newmarket SAU #31
  • Elementary School: Newmarket Elem School
  • Middle School: Newmarket Junior High School
  • High School: Newmarket Senior HS
  • Elementary School: Newmarket Elem School
  • High School: Newmarket Senior HS

Lot Info

  • Map: U4
  • Lot: 69
  • Lot Sq Ft: 326700
  • Lot Acres: 7.5
  • Lot Description: Agricultural, Field/Pasture, Interior Lot, Landscaped, Level, Wetlands, Wooded
  • Zoning: R2
  • Deed Book: 1298
  • Deed Page: 409
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 7292
  • Tax Year: 2022

MLS Schools

  • School District: Newmarket SAU #31
  • School Middle Jr: Newmarket Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
D R Lemieux Builders Llc
Bought by
Ernie Clark Lp
Current Estimated Value
$554,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,602,216
Outstanding Balance
$1,593,339
Interest Rate
6.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$1,036,550
Source: Public Records

Range of Values:

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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
Ernie Clark Lp -- None Available
Ernie Clark Lp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ernie Clark Lp $1,602,216
Closed Ernie Clark Lp $790,000
Closed Ernie Clark Lp $560,000
Closed Ernie Clark Lp $150,000
Open Ernie Clark Lp $5,750,000
Closed Ernie Clark Lp $5,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $575,000 0.0% $614 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $575,000 -- $614 / 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 $7,095 $412,500 $207,500 $205,000
2023 $7,184 $243,600 $128,200 $115,400
2022 $7,220 $267,500 $128,200 $139,300
2021 $7,051 $267,500 $128,200 $139,300
2020 $6,811 $267,500 $128,200 $139,300
2018 $5,848 $200,000 $79,000 $121,000
2017 $4,566 $200,000 $79,000 $121,000
2016 $5,090 $200,000 $79,000 $121,000
2015 $4,992 $200,000 $79,000 $121,000
2014 $5,150 $200,000 $79,000 $121,000
2013 $6,169 $252,200 $108,900 $143,300
2012 $5,970 $252,200 $108,900 $143,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4923815

PrimeMLS

APN: NMAR-000004-000069-000000-U000000