NOT LISTED FOR SALE

3 Lareau Ct Lebanon, NH 03766

Estimated Value: $365,994 - $395,000

4 Beds
2 Baths
1,436 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $196,000 $136 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,752/month

4 Days on Market

Highlights

  • Wood Flooring
  • New Englander Architecture
  • Hot Water Heating System
  • Hanover Street School Rated A-

About This Home

As of December 2018

Here's a little money maker perfectly located in the heart of Lebanon. Walking distance to public transportation, shopping, culture, parks and for the willing, Dartmouth Hitchcock Medical Center. Seller has tastefully remodeled 1 kitchen and bath, built decks/porches, and improved layouts. Many more updates have been made making this home an easy transition for its new landlord or tenant landlord. Live in one unit and pay the mortgage or most of it with rent from the other! Small yard makes for ease of maintenance too. Don't miss this rare opportunity to own a great little investment property in one of the most coveted income and living areas in Lebanon.

Last Agent to Sell the Property

Leila Tarantelli

KW Coastal and Lakes & Mountains Realty/Hanover License #067538 Listed on: 10/19/2018

KW Coastal and Lakes & Mountains Realty/Hanover

Last Buyer's Agent

Liam McCarthy

Coldwell Banker LIFESTYLES - Hanover License #059581

Coldwell Banker LIFESTYLES - Hanover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1880

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Sloped Up

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Dirt Floor
  • Crawl Space

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Site Parking

Schools

  • Hanover Street Elementary School
  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 171

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $7,000
  • Gross Income $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,400

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: From 89 to Route 120 to Hanover Street. Right on Summer Street. Immediate Left on Lareau Court. First home on Right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 136.49
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1742
  • Sq Ft - Apx Total Finished: 1436
  • Property Type: Multi-Family
  • Year Built: 1880
  • Remarks Public: Here's a little money maker perfectly located in the heart of Lebanon. Walking distance to public transportation, shopping, culture, parks and for the willing, Dartmouth Hitchcock Medical Center. Seller has tastefully remodeled 1 kitchen and bath, built decks/porches, and improved layouts. Many more updates have been made making this home an easy transition for its new landlord or tenant landlord. Live in one unit and pay the mortgage or most of it with rent from the other! Small yard makes for ease of maintenance too. Don't miss this rare opportunity to own a great little investment property in one of the most coveted income and living areas in Lebanon.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Dirt, Partial, Stairs - Interior, Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 1436
  • Sq Ft - Apx Unfinished BG: 306

Exterior Features

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

Garage/Parking

  • Parking: Driveway, On-Site, Parking Spaces 2

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public Sewer On-Site
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1

Schools

  • School District: Lebanon School District
  • Elementary School: Hanover Street School
  • Middle School: Lebanon Middle School
  • High School: Lebanon High School
  • Elementary School: Hanover Street School
  • High School: Lebanon High School

Lot Info

  • Map: 77
  • Lot: 171
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 4016
  • Deed Page: 611
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 2400
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 3400
  • Tax Year: 2017

MLS Schools

  • School District: Lebanon School District
  • School Middle Jr: Lebanon Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Dec 4, 2018
Sold by
Figueroa Elizabeth J
Bought by
Nolan Lorcan and Nolan Chelsea
Seller's Agent
Leila Tarantelli
KW Coastal and Lakes & Mountains Realty/Hanover
Buyer's Agent
Liam McCarthy
Coldwell Banker LIFESTYLES - Hanover
List Price
$191,000
Sold Price
$196,000
Premium/Discount to List
$5,000
2.62%
Current Estimated Value
$391,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,179
Avg. Annual Appreciation
10.65%
Original Mortgage
$152,800
Outstanding Balance
$135,920
Interest Rate
4.8%
Estimated Equity
$249,829

Purchase Details

Listed on
Feb 22, 2013
Closed on
Oct 3, 2013
Sold by
Viola M Tremblay T and Tremblay Charles F
Bought by
Figueroa Elizabeth Jeann
Seller's Agent
Charlene Ashey
Four Seasons Sotheby's Int'l Realty
Buyer's Agent
David Lorrey
Waterville Valley Realty
List Price
$145,000
Sold Price
$100,000
Premium/Discount to List
-$45,000
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
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
Nolan Lorcan $196,000 --
Nolan Lorcan $196,000 --
Figueroa Elizabeth Jeann $100,000 --
Figueroa Elizabeth Jeann $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nolan Lorcan $152,800
Closed Nolan Lorcan $152,800
Closed Figueroa Elizabeth Jeann $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $196,000 +2.6% $136 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $191,000 +91.0% $133 / Sq Ft
10/02/2013 10/02/13 Sold $100,000 -31.0% $78 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $145,000 -- $113 / 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 $7,319 $278,500 $77,000 $201,500
2023 $6,762 $278,500 $77,000 $201,500
2022 $6,414 $278,400 $76,900 $201,500
2021 $5,528 $204,900 $63,300 $141,600
2019 $5,773 $190,100 $63,300 $126,800
2018 $3,807 $128,100 $63,300 $64,800
2017 $3,815 $131,200 $63,300 $67,900
2016 $3,665 $130,300 $63,300 $67,000
2015 $3,597 $130,300 $63,300 $67,000
2014 $3,499 $133,200 $65,000 $68,200
2013 $3,538 $138,700 $65,000 $73,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4724423

PrimeMLS

APN: LBAN-000077-000171