NOT LISTED FOR SALE

27 Labrecque St Lincoln, NH 03251

Estimated Value: $413,628 - $660,000

-- Bed
2 Baths
2,140 Sq Ft
$250/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $320,000 $150 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,166/month

14 Days on Market

Highlights

  • Baseboard Heating
  • High Speed Internet
  • Walk-Up Access
  • Asbestos
  • Level Lot

About This Home

As of January 2021

Investment opportunity in downtown Lincoln. Close to everything Lincoln has to offer. Minutes to Loon and Cannon Mountain. Situated on a dead end street so there is very little traffic. Three bedroom unit on the first floor has a full bath and laundry. Second floor apartment is 2 bedrooms that has laundry and a 3/4 bath. This 2 unit property has an excellent rental history. Property is being sold as is. Owner is a real estate professional.

Last Agent to Sell the Property

Ben Wilson

RE/MAX in the Mountains Listed on: 11/04/2020

RE/MAX in the Mountains

Last Buyer's Agent

Patrick Frawley

KW Coastal and Lakes & Mountains Realty/Meredith License #073189

KW Coastal and Lakes & Mountains Realty/Meredith

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 1938

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 2,140 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Walk-Up Access
  • Connecting Stairway
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Dirt Driveway
  • Paved Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 200+ Amp Service
  • Gas Available
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,283

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From exit 32 on RTE 93. Rte 112 east .3 miles Labreque St is on the left. 27 Labreque St is on the left, sign on property
  • Assessment Amount: 161200
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 149.53
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3040
  • Sq Ft - Apx Total Finished: 2140
  • Property Type: Multi-Family
  • Year Built: 1938
  • Remarks Public: Investment opportunity in downtown Lincoln. Close to everything Lincoln has to offer. Minutes to Loon and Cannon Mountain. Situated on a dead end street so there is very little traffic. Three bedroom unit on the first floor has a full bath and laundry. Second floor apartment is 2 bedrooms that has laundry and a 3/4 bath. This 2 unit property has an excellent rental history. Property is being sold as is. Owner is a real estate professional.
  • L A1 M M S I Memberkey: 621338
  • List Agent: 284534
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 72127
  • S A1 M M S I Memberkey: 618841
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 72127
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, Dirt Floor, Stairs - Interior, Unfinished, Exterior Access
  • Sq Ft - Apx Finished AG: 2140
  • Sq Ft - Apx Unfinished BG: 900

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Paved
  • Exterior: Asbestos, Vinyl Siding
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Dead End, Paved, Public
  • Roof: Metal

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Free Standing, Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Gas Heater - Unvented
  • Utilities: Cable, Gas - On-Site, Internet - Cable

Lot Info

  • Map: 113
  • Lot: 025
  • Lot Sq Ft: 10454
  • Lot Acres: 0.24
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: GR
  • Deed Book: 4421
  • Deed Page: 0698
  • Deed Recorded Type: Quit Claim

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 2283
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Jan 26, 2021
Sold by
Vaughn Wilson Prop Llc
Bought by
Zheng Wenjing and Chen Jian
Seller's Agent
Ben Wilson
RE/MAX in the Mountains
Buyer's Agent
Patrick Frawley
KW Coastal and Lakes & Mountains Realty/Meredith
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$535,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,657
Avg. Annual Appreciation
12.34%
Original Mortgage
$224,000
Outstanding Balance
$201,289
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$345,943

Purchase Details

Closed on
Mar 14, 2019
Sold by
Wilson John B and Vaughn Lori J
Bought by
Vaughwilson Props Llc

Purchase Details

Closed on
Oct 23, 2018
Sold by
Propertie Vaughnwilson
Bought by
Wilson John B and Vaughn Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,550
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2017
Sold by
Wilson John B
Bought by
Propertie Vaughnwilson

Purchase Details

Closed on
Feb 15, 2008
Sold by
Weldon Kenneth C
Bought by
Wilson John Benjamin and Vaughn Lori Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Zheng Wenjing $320,000 None Available
Vaughwilson Props Llc -- --
Wilson John B -- --
Propertie Vaughnwilson -- --
Wilson John Benjamin $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Wenjing $224,000
Previous Owner Wilson John Benjamin $163,550
Previous Owner Wilson John Benjamin $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $320,000 -3.0% $150 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $329,900 -- $154 / 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 $3,245 $277,800 $98,600 $179,200
2023 $3,245 $277,800 $98,600 $179,200
2022 $2,931 $277,800 $98,600 $179,200
2021 $2,928 $277,800 $98,600 $179,200
2018 $2,283 $161,200 $50,100 $111,100
2016 $2,126 $161,200 $50,100 $111,100
2015 $2,556 $185,500 $68,600 $116,900
2014 $2,560 $185,500 $68,600 $116,900
2009 $2,162 $237,360 $98,180 $139,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4837232

PrimeMLS

APN: LNCO-000113-025000