NOT LISTED FOR SALE

31 Lang St Meredith, NH 03253

Estimated Value: $465,439 - $735,000

4 Beds
2 Baths
2,244 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $274,000 $122 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,281/month

4 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 3-minute walk to Swasey Park
  • Forced Air Heating System

About This Home

As of November 2018

The possibilities are endless for this extremely well maintained 2 family in Meredith. The property is in-town so it is convenient to walk to restaurants and shopping. It could be used as a 2 family or owner occupied. Or rent one unit year round and the other on a nightly basis. Both apartments are 2 bedrooms, 1 bathroom and each has separate utilities and separate parking. Their is virtually no exterior maintenance needed as the siding and trim are vinyl and the roof is just a couple of years old. The FHA system is new and the basement is very dry. The only expenses for the landlord are the water and sewer, insurance and taxes. It does not get much better than this!

Last Agent to Sell the Property

Scott Knowles

RE/MAX Innovative Bayside License #052446 Listed on: 10/05/2018

RE/MAX Innovative Bayside

Last Buyer's Agent

Carly Howie

KW Coastal and Lakes & Mountains Realty/Meredith License #069148

KW Coastal and Lakes & Mountains Realty/Meredith

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,244 Sq Ft Home
  • 2-Story Property
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 93
  • 15% Total Tax Rate

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,000
  • Net Operating Income $19,570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,903

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: Take RT 3 into town. Take left on Lake Street, left on Lang Street. House on right
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 122.1
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3444
  • Sq Ft - Apx Total Finished: 2244
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: The possibilities are endless for this extremely well maintained 2 family in Meredith. The property is in-town so it is convenient to walk to restaurants and shopping. It could be used as a 2 family or owner occupied. Or rent one unit year round and the other on a nightly basis. Both apartments are 2 bedrooms, 1 bathroom and each has separate utilities and separate parking. Their is virtually no exterior maintenance needed as the siding and trim are vinyl and the roof is just a couple of years old. The FHA system is new and the basement is very dry. The only expenses for the landlord are the water and sewer, insurance and taxes. It does not get much better than this!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor
  • Sq Ft - Apx Finished AG: 2244
  • Sq Ft - Apx Unfinished BG: 1200

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl, Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Parking: Driveway, Parking Spaces 6+

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Direct Vent, Forced Air
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2

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: U06
  • Lot: 93
  • Lot Sq Ft: 6970
  • Lot Acres: 0.16
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 2005
  • Deed Page: 993
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 24000
  • Net Income: 19570
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Rate: 15.23
  • Tax Gross Amount: 2903
  • 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
Oct 5, 2018
Closed on
Nov 16, 2018
Sold by
31 Lang Rentals Llc
Bought by
Howie Robert W and Howie Carly J
Seller's Agent
Scott Knowles
RE/MAX Innovative Bayside
Buyer's Agent
Carly Howie
KW Coastal and Lakes & Mountains Realty/Meredith
List Price
$274,900
Sold Price
$274,000
Premium/Discount to List
-$900
-0.33%
Current Estimated Value
$559,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,110
Avg. Annual Appreciation
8.69%
Original Mortgage
$264,855
Outstanding Balance
$234,700
Interest Rate
4.7%
Mortgage Type
FHA
Estimated Equity
$251,473
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
Howie Robert W $274,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howie Robert W $264,855
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2018 11/14/18 Sold $274,000 -0.3% $122 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $274,900 -- $123 / 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 $3,789 $369,300 $155,000 $214,300
2023 $3,652 $369,300 $155,000 $214,300
2022 $3,587 $256,800 $82,000 $174,800
2021 $3,449 $256,800 $82,000 $174,800
2020 $3,600 $256,800 $82,000 $174,800
2019 $3,029 $190,600 $52,000 $138,600
2018 $2,977 $190,600 $52,000 $138,600
2016 $2,749 $176,300 $62,800 $113,500
2015 $2,680 $176,300 $62,800 $113,500
2014 $2,615 $176,300 $62,800 $113,500
2013 $2,530 $175,600 $62,800 $112,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4722182

PrimeMLS

APN: MERE-000006U-000093