NOT LISTED FOR SALE

3 Lower Terrace Ave Meredith, NH 03253

Estimated Value: $355,000 - $453,000

2 Beds
1.5 Baths
1,169 Sq Ft
$343/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $145,000 $124 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,349/month

Highlights

  • New Englander Architecture
  • Walk-In Pantry
  • Wood Siding
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of May 2018

Meredith - Living in downtown Meredith is so convenient to why we want to live in the Lakes Region of NH. From this location you can walk to the shops, the lake front parks on Lake Winnipesaukee and Lake Waukewan, enjoy any of the fine restaurants, the craft fairs, the fireworks and so much more. This home sits on a nice lot with great neighboring homes and offers classic features of an antique home like a wide and spacious wrap-around porch. The owner of this home has been very active maintaining this home and it's grounds giving you a great start on a solid investment. As we look for value in today's market, this home offers you the opportunity to purchase today and as you invest in the home see the return start to increase. If you like downtown Meredith, this could be the perfect home for you...

Last Agent to Sell the Property

Christopher Kelly

RE/MAX Innovative Bayside License #041942 Listed on: 05/29/2018

RE/MAX Innovative Bayside

Last Buyer's Agent

Christopher Kelly

RE/MAX Innovative Bayside License #041942 Listed on: 05/29/2018

RE/MAX Innovative Bayside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,009

Year Built

  • Built in 1904

Lot Details

  • 0.31 Acre Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,169 Sq Ft Home
  • 1.5-Story Property
  • Laundry on main level

Kitchen

  • Walk-In Pantry
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Dirt Floor

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 32

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,009

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: Route 3 to Lower Terrace Avenue across from Laconia HD to the 2nd home on the left, #3.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 124.04
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1904
  • Remarks Public: Meredith - Living in downtown Meredith is so convenient to why we want to live in the Lakes Region of NH. From this location you can walk to the shops, the lake front parks on Lake Winnipesaukee and Lake Waukewan, enjoy any of the fine restaurants, the craft fairs, the fireworks and so much more. This home sits on a nice lot with great neighboring homes and offers classic features of an antique home like a wide and spacious wrap-around porch. The owner of this home has been very active maintaining this home and it's grounds giving you a great start on a solid investment. As we look for value in today's market, this home offers you the opportunity to purchase today and as you invest in the home see the return start to increase. If you like downtown Meredith, this could be the perfect home for you...
  • List Agent: 9195
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range - Electric, Refrigerator
  • Features Interior: Walk-in Pantry, Laundry - 1st Floor
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt, Full, Gravel, Sump Pump, Unfinished
  • Level 1: Level 1: Bath - 1/2, Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Other
  • Level 2: Level 2: Bedroom, Level 2: Bath - Full, Level 2: Primary Bedroom
  • Room 1: Kitchen, 9X16, On Level: 1
  • Room 2: Dining Room, 10X12, On Level: 1
  • Room 3: Living Room, 12x12, On Level: 1
  • Room 7: Primary Bedroom, 11x11, On Level: 2
  • Room 8: Bedroom, 9X10, On Level: 2
  • Room 13: Other, 10X11, On Level: 1
  • Room 14: Other, 8X11, On Level: 1
  • Room 16: Bath - Full, On Level: 2
  • Room 17: Bath - 1/2, On Level: 1
  • Sq Ft - Apx Finished AG: 1169
  • Sq Ft - Apx Total: 1169
  • Sq Ft - Apx Total Finished: 1169

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Cedar, Wood
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Air
  • Utilities: Cable, Internet - Cable

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: U-2
  • Lot: 32
  • Lot Sq Ft: 13504
  • Lot Acres: 0.31
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 3055
  • Deed Page: 0361
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 1009
  • Tax Year: 2018

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

Listed on
May 29, 2018
Closed on
May 30, 2018
Sold by
Kerchler Holdings Llc
Bought by
Putnam Erin
Seller's Agent
Christopher Kelly
RE/MAX Innovative Bayside
Buyer's Agent
Christopher Kelly
RE/MAX Innovative Bayside
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$401,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,180
Avg. Annual Appreciation
14.92%
Original Mortgage
$142,373
Outstanding Balance
$124,149
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$278,924
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
Putnam Erin $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Putnam Erin $142,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 For Sale $145,000 0.0% $124 / Sq Ft
05/25/2018 05/25/18 Sold $145,000 +12508.7% $124 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
01/21/2015 01/21/15 Rented $1,150 -11.5% --
04/09/2013 04/09/13 Under Contract -- -- --
10/01/2012 10/01/12 For Rent $1,300 0.0% --
09/28/2012 09/28/12 Sold $134,000 -0.4% $115 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $134,600 -- $115 / 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 $2,669 $260,100 $132,300 $127,800
2023 $2,572 $260,100 $132,300 $127,800
2022 $2,168 $155,200 $62,800 $92,400
2021 $2,084 $155,200 $62,800 $92,400
2020 $2,728 $155,200 $62,800 $92,400
2019 $2,896 $132,600 $50,700 $81,900
2018 $2,071 $132,600 $50,700 $81,900
2016 $2,073 $133,000 $57,300 $75,700
2015 $2,022 $133,000 $57,300 $75,700
2014 $1,972 $133,000 $57,300 $75,700
2013 $1,895 $131,500 $57,300 $74,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4696145

PrimeMLS

APN: MERE-000002U-000032