NOT LISTED FOR SALE

29 Walnut St Laconia, NH 03246

Estimated Value: $276,000 - $380,000

4 Beds
3 Baths
1,662 Sq Ft
$191/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $162,700 $98 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,951/month

122 Days on Market

Highlights

  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Walk-Up Access
  • Balcony
  • Level Lot
  • Carpet

About This Home

As of February 2021

Investors take notice. Great rental history. Fully occupied building, 2 kitchens, 2 Bedrooms in each unit. 2 separate entrances. 1st floor has 2 bathrooms, large porch. 2nd floor unit with washer dryer hook up and a little back balcony. Large 2 story garage. Plenty of parking.

Last Agent to Sell the Property

Brenda Rowan

Coldwell Banker Realty Gilford NH License #055606 Listed on: 08/31/2020

Coldwell Banker Realty Gilford NH

Last Buyer's Agent

Trevor Garvey

EXP Realty License #070143

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 1850

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1,662 Sq Ft Home
  • 1.5-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Up Access
  • Dirt Floor

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Elm Street Elementary School
  • Laconia Middle School
  • Laconia High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Kerosene
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 229
  • 21% Total Tax Rate

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $10,263
  • Gross Income $30,000
  • Net Operating Income $19,737

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,392

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Old Lake Shore Rd. onto Union Ave. left onto Walnut St. home on right
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 97.89
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1662
  • Sq Ft - Apx Total Finished: 1662
  • Property Type: Multi-Family
  • Year Built: 1850
  • Remarks Public: Investors take notice. Great rental history. Fully occupied building, 2 kitchens, 2 Bedrooms in each unit. 2 separate entrances. 1st floor has 2 bathrooms, large porch. 2nd floor unit with washer dryer hook up and a little back balcony. Large 2 story garage. Plenty of parking.
  • L A1 M M S I Memberkey: 18424
  • List Agent: 14353
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 71246
  • S A1 M M S I Memberkey: 614888
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 71411
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Dirt
  • Sq Ft - Apx Finished AG: 1662

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel, Paved
  • Exterior: Vinyl Siding
  • Foundation: Brick
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal
  • Features Exterior: Balcony, Porch - Covered

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Parking Spaces 6+
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: liberty utilities
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural, Kerosene
  • Heating: Direct Vent
  • Electric Company: eversource
  • Total Electric Meters: 2
  • Total Gas Meters: 1
  • Total Heat Units: 5
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Trash: Curbside
  • Utilities: Gas - On-Site

Schools

  • Elementary School: Elm Street Elementary School
  • Middle School: Laconia Middle School
  • High School: Laconia High School
  • Elementary School: Elm Street Elementary School
  • High School: Laconia High School

Lot Info

  • Map: 349
  • Lot: 7
  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: res
  • Deed Book: 03083
  • Deed Page: 00927
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 30000
  • Net Income: 19737
  • Total Full Baths: 3
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Rate: 20.59
  • Tax Gross Amount: 2392
  • Tax Year: 2020

MLS Schools

  • School Middle Jr: Laconia Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Feb 25, 2021
Sold by
Kenison Scott
Bought by
Garvey Trevor L
Seller's Agent
Brenda Rowan
Coldwell Banker Realty Gilford NH
Buyer's Agent
Trevor Garvey
EXP Realty
List Price
$175,000
Sold Price
$162,700
Premium/Discount to List
-$12,300
-7.03%
Current Estimated Value
$316,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,250
Avg. Annual Appreciation
15.53%
Original Mortgage
$159,752
Outstanding Balance
$143,206
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$173,744

Purchase Details

Closed on
Jan 10, 2017
Sold by
Kenison Scott and Kenison Semi S
Bought by
Kenison Scott

Purchase Details

Closed on
Mar 29, 2004
Sold by
Obrien Brent P and Obrien Laurie A
Bought by
Kenison Scott and Kenison Semi Shin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Dipietro Robert A
Bought by
Obrien Brent P and Obrien Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
5.95%
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
Garvey Trevor L $157,533 None Available
Kenison Scott -- --
Kenison Scott $155,000 --
Obrien Brent P $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garvey Trevor L $159,752
Previous Owner Obrien Brent P $147,250
Previous Owner Obrien Brent P $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $162,700 -1.4% $98 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $165,000 -5.7% $99 / Sq Ft
08/31/2020 08/31/20 For Sale $175,000 -- $105 / 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 $3,255 $238,800 $89,200 $149,600
2023 $3,032 $218,000 $81,700 $136,300
2022 $2,560 $172,400 $69,300 $103,100
2021 $2,601 $137,900 $45,400 $92,500
2020 $2,603 $132,000 $38,600 $93,400
2019 $2,481 $120,500 $35,300 $85,200
2018 $2,467 $118,300 $34,300 $84,000
2017 $2,473 $117,600 $33,600 $84,000
2016 $2,480 $111,700 $33,600 $78,100
2015 $2,391 $107,700 $35,400 $72,300
2014 $2,540 $113,400 $35,300 $78,100
2013 $2,462 $111,500 $33,400 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4825958

PrimeMLS

APN: LACO-000349-000229-000007