NOT LISTED FOR SALE

28 Observatory Rd Meredith, NH 03253

Estimated Value: $1,725,677 - $2,180,000

3 Beds
2 Baths
1,904 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $1,000,000 $525 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $11,664/month

16 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Contemporary Architecture
  • Wood Flooring
  • Community Beach Access
  • Cathedral Ceiling
  • Hiking Trails

About This Home

As of September 2018

Great Spindle Point location! Lakefront home completely remodeled with panoramic views looking out from protected Cummings Cove! Enjoy the beautiful sunsets and the fabulous “U” shaped dock! This 3 bedroom home offers an additional front to back family room/Bunk room that has fabulous views! Plenty of room for the extended family! This home offers a separate deeded lot across the street. Come and see this wonderful home in one of the most sought after waterfront neighborhoods in Meredith!

Last Agent to Sell the Property

Lisa Merrill

EXP Realty License #058421 Listed on: 05/11/2018

EXP Realty

Last Buyer's Agent

Lisa Merrill

EXP Realty License #058421 Listed on: 05/11/2018

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,981

Year Built

  • Built in 1993

Lot Details

  • 0.79 Acre Lot
  • 100 Feet of Waterfront
  • Lot Sloped Up

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Unfinished Basement
  • Interior Basement Entry

Kitchen

  • Electric Range
  • ENERGY STAR Qualified Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 35 Car Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Water Access

Schools

  • Inter-Lakes Elementary School
  • Inter-Lakes Middle School
  • Inter-Lakes High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • Community Beach Access
  • Hiking Trails

Listing and Financial Details

  • Tax Lot 7
  • 15% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,981

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Contemporary, Modern Architecture
  • Directions: Pleasant Street to Meredith Neck right on Eaton Ave. bear right at the fork onto Sachem Cove Road at end left onto Spindle Point follow to Observatory Road see sign.
  • Flood Zone: Unknown
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 525.21
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1993
  • Remarks Public: Great Spindle Point location! Lakefront home completely remodeled with panoramic views looking out from protected Cummings Cove! Enjoy the beautiful sunsets and the fabulous “U” shaped dock! This 3 bedroom home offers an additional front to back family room/Bunk room that has fabulous views! Plenty of room for the extended family! This home offers a separate deeded lot across the street. Come and see this wonderful home in one of the most sought after waterfront neighborhoods in Meredith!
  • List Agent: 9424
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher - Energy Star, Range - Electric, Refrigerator
  • Features Interior: Cathedral Ceiling, Natural Light, Natural Woodwork
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Unfinished
  • Level 1: Level 1: Bedroom, Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room
  • Level 2: Level 2: Bedroom, Level 2: Family Room, Level 2: Primary Bedroom
  • Room 1: Kitchen, 8 x 12, On Level: 1
  • Room 2: Dining Room, 8 x 12, On Level: 1
  • Room 3: Living Room, 16 x 16, On Level: 1
  • Room 4: Family Room, 16 x 28, On Level: 2
  • Room 5: 2, 11.6 x 12
  • Room 6: Bedroom, 11.6 x 12, On Level: 2
  • Room 7: Bedroom, 11 x 11, On Level: 1
  • Sq Ft - Apx Finished AG: 1904
  • Sq Ft - Apx Total: 2688
  • Sq Ft - Apx Total Finished: 1904
  • Sq Ft - Apx Unfinished BG: 784

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Water Body Access: Yes
  • Water Body Name: Winnipesaukee
  • Water Body Type: Lake
  • Water Frontage Length: 100
  • Water Access Details: Beach Access
  • Water Body Access: Owned
  • Waterfront: Yes

Garage/Parking

  • Parking: Driveway, Parking Spaces 3 - 5

Utilities

  • Electric: 200 Amp
  • Sewer: Private
  • Water: Private
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Water

Condo/Co-op/Association

  • Association Amenities: Beach Access, Beach Rights

Schools

  • School District: Inter-Lakes Coop Sch Dst
  • Elementary School: Inter-Lakes Elementary
  • Middle School: Inter-Lakes Middle School
  • High School: Inter-Lakes High School
  • Elementary School: Inter-Lakes Elementary
  • High School: Inter-Lakes High School

Lot Info

  • Map: U24
  • Lot: 7
  • Lot Sq Ft: 34412
  • Lot Acres: 0.79
  • Lot Description: Beach Access, Walking Trails, Waterfront
  • Surveyed: Unknown
  • Zoning: residential
  • Deed Book: 2297
  • Deed Page: 0596
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 15.23
  • Tax Gross Amount: 10981
  • Tax Year: 2017

MLS Schools

  • School District: Inter-Lakes Coop Sch Dst
  • School Middle Jr: Inter-Lakes Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2006
Sold by
Larson Bruce W and Larson Christina C
Bought by
Chen Xiaorong and Wang Yi
Current Estimated Value
$1,946,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Outstanding Balance
$189,774
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,756,645
Source: Public Records

Range of Values:

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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
Chen Xiaorong $752,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xiaorong $602,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $1,000,000 -9.1% $525 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $1,100,000 -- $578 / 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 $17,713 $1,726,400 $1,442,400 $284,000
2023 $16,873 $1,706,100 $1,442,400 $263,700
2022 $13,021 $932,100 $736,400 $195,700
2021 $12,479 $929,200 $736,400 $192,800
2020 $13,027 $929,200 $736,400 $192,800
2019 $11,488 $723,000 $561,600 $161,400
2018 $11,293 $723,000 $561,600 $161,400
2016 $10,154 $651,300 $504,400 $146,900
2015 $9,900 $651,300 $504,400 $146,900
2014 $9,573 $645,500 $504,400 $141,100
2013 $9,302 $645,500 $504,400 $141,100
Source: Public Records

Agents Affiliated with this Home

  • Lisa Merrill

    Seller's Agent in 2018

    Lisa Merrill

    EXP Realty

    (603) 707-0099

    19 in this area

    98 Total Sales

    Lisa Merrill
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Map

Source: PrimeMLS

MLS Number: 4691957

PrimeMLS

APN: MERE-000024U-000007

New Hampshire Belknap County Meredith 03253

28 Observatory Rd, Meredith, NH

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