$385,000
SOLD JUN 19, 2024

31 Howard St Laconia, NH 03246

7 Beds
3 Baths
3,415 Sq Ft
8,400 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

10% Above List Price

3 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Enclosed patio or porch
  • Medical Services
  • Jogging Path
  • 4-minute walk to Laconia Parks & Rec Maintenance

About This Home

As of June 2024

Great investment opportunity to own this fully occupied 3-unit property located in a neighborhood and close to all the Lakes Region has to offer: Restaurants, shopping, beaches, schools, hospital and downtown. Unit A consists of 2 levels, 3 bedrooms, enclosed porch and is fully renovated. Unit B is a 1st floor unit and has 2 bedrooms. Unit C is located on the 2nd floor, has 2 bedrooms and is fully renovated. Some newer windows, newer furnace and hot water heater, large backyard and plenty of parking. Financials and additional details available upon request.

Last Agent to Sell the Property

Trish Marchetti

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 03/15/2024

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Trish Marchetti

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 03/15/2024

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,873

Year Built

  • Built in 1850

Lot Details

  • 8,400 Sq Ft Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,415 Sq Ft Home
  • Property has 2 Levels
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed patio or porch

Location

  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $5,000
  • Rent includes unit 1(heat water hot water), unit 2(heat electric water hot water), unit 3(heat water hot water)
  • Assessor Parcel Number M:425 B:109 L:72

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $2,820
  • Insurance Expense $2,140
  • Water Sewer Expense $1,830
  • Operating Expense $15,718
  • Net Operating Income $44,282

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,873

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1850
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Interior Entry
  • Living Area: 3415
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 102.46
  • PRICE PER Sq Ft: 112.74
  • MAIN SO: AN6527

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Metal
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 1

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Electric,Water,Hot Water), Unit 3(Heat,Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1830

Lot Info

  • Parcel Number: M:425 B:109 L:72
  • Zoning: UC
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8400
  • Lot Size Units: Acres
  • PAGE: 101
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3873
  • Tax Book Number: 3496

Multi Family

  • Electric Expense: 2820
  • Gross Income: 60000
  • Insurance Expense: 2140
  • Net Operating Income: 44282
  • Number Of Units Total: 3
  • Operating Expense: 15718
  • Total Actual Rent: 5000
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Mar 25, 2022
Sold by
Boles David F
Bought by
Lrmsr 2 Llc
Seller's Agent
Brenda Rowan
Coldwell Banker Realty Gilford NH
Buyer's Agent
Trish Marchetti
BerkshireHathaway HomeServices Commonwealth R.E
List Price
$199,900
Sold Price
$192,969
Premium/Discount to List
-$6,931
-3.47%
Total Days on Market
3
Current Estimated Value
$372,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,031
Avg. Annual Appreciation
22.61%
Original Mortgage
$2,362,500
Outstanding Balance
$2,241,225
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,869,225

Purchase Details

Closed on
Oct 11, 2016
Sold by
Boles David F and Boles Ralph M
Bought by
Boles David F

Purchase Details

Closed on
Dec 1, 1997
Sold by
Price Joann
Bought by
Boles David F and Boles Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,200
Interest Rate
7.26%
Source: Public Records

Similar Home in Laconia, NH

  • 217 S Main St, Laconia, NH 03246

    $400,000

    • 5 Beds
    • 3 Baths
    • 2,419 Sq Ft
    • 217 S Main St
    • Laconia, NH

    This 3 unit apartment building with attached barn is making it's debut being listed publicly for the first time. There are two (1) bedroom units on the first floor (both updated), and one (3) bedroom unit on the 2nd floor, fully rented with one-year leases. Coin-op laundry in common area hallway. Attic, basement and barn for use by owner's only. Parking for 1-2 cars per unit. Spacious grassy yard

    Crystal Bullerwell KW Coastal and Lakes & Mountains Realty/Meredith

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $994,333 None Available
Warranty Deed -- --
Warranty Deed $58,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,750 Stand Alone Refi Refinance Of Original Loan
Open $2,362,500 Purchase Money Mortgage
Previous Owner $41,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2024 06/19/24 Sold $385,000 +10.0% $113 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $349,900 +81.3% $102 / Sq Ft
03/25/2022 03/25/22 Sold $192,969 -3.5% $57 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $199,900 -- $59 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,717 $346,100 $107,300 $238,800
2023 $3,873 $278,400 $98,200 $180,200
2022 $3,362 $226,400 $83,400 $143,000
2021 $2,633 $139,600 $55,300 $84,300
2020 $2,447 $124,100 $47,100 $77,000
2019 $2,277 $110,600 $43,000 $67,600
2018 $2,260 $108,400 $41,800 $66,600
2017 $2,263 $107,600 $41,000 $66,600
2016 $2,158 $97,200 $41,000 $56,200
2015 $2,089 $94,100 $43,100 $51,000
2014 $2,106 $94,000 $43,000 $51,000
2013 $2,369 $107,300 $40,700 $66,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73212692

MLS Property Information Network (MLS PIN)

APN: 425 109 72