NOT LISTED FOR SALE

35 Merrimac St Laconia, NH 03246

Estimated Value: $313,984 - $416,000

5 Beds
3 Baths
2,232 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $179,000 $80 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,405/month

201 Days on Market

Highlights

  • Tile Flooring
  • Multiple Phone Lines
  • Level Lot
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of December 2019

Great 3 unit building with Alarm System with heat sensors installed in 2007. Strong rental history with some long term tenants. Plenty of parking and a really nice large yard are just some of the amenities. Close to shopping and downtown Laconia. The first floor unit has a nice enclosed porch to take advantage of year round. Units 1 and 3 have newer laminate floors.

Last Agent to Sell the Property

Sharon Sherry Osgood

HomeSmart First Choice Realty Brokerage Phone: 603-524-2255 License #056264 Listed on: 04/22/2019

HomeSmart First Choice Realty

Co-Listed By

Ken Osgood

HomeSmart First Choice Realty Brokerage Phone: 603-524-2255 License #066476

Last Buyer's Agent

Erika Sakin

KW Coastal and Lakes & Mountains Realty/Meredith License #071814

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 1880

Lot Details

  • 0.38 Acre Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,232 Sq Ft Home
  • 1.75-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Laminate
  • Tile
  • Vinyl

Schools

  • Woodland Heights Elementary School
  • Laconia Middle School
  • Laconia High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Gas Available at Street
  • Electric Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Legal Lot and Block 39 / 156
  • 21% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,149

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: 5th House on Right with Large yard partially fenced - Brown
  • Flood Zone: Unknown
  • Footprint: 24x28 & 16x17 & 14x34
  • Assessment Amount: 151000
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 80.2
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2232
  • Sq Ft - Apx Total Finished: 2232
  • Year Built: 1880
  • Remarks Public: Great 3 unit building with Alarm System with heat sensors installed in 2007. Strong rental history with some long term tenants. Plenty of parking and a really nice large yard are just some of the amenities. Close to shopping and downtown Laconia. The first floor unit has a nice enclosed porch to take advantage of year round. Units 1 and 3 have newer laminate floors.
  • List Agent: 16160
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile, Vinyl
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2232

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle
  • Features Exterior: Fence - Partial

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air
  • Cooling: Wall AC Units
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable - Available, Gas - At Street, Multi Phone Lines

Schools

  • School District: Laconia Sch Dst SAU #30
  • Elementary School: Woodland Heights Elementary
  • Middle School: Laconia Middle School
  • High School: Laconia High School
  • Elementary School: Woodland Heights Elementary
  • High School: Laconia High School

Lot Info

  • Map: 448
  • Lot: 39
  • Lot Sq Ft: 16553
  • Lot Acres: 0.38
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: RG
  • Deed Book: 2353
  • Deed Page: 0421
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 20.85
  • Tax Gross Amount: 3149
  • Tax Year: 2018

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

MLS Schools

  • School District: Laconia Sch Dst SAU #30
  • School Middle Jr: Laconia Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Dec 23, 2019
Sold by
Hong Hong Y Y and Quan Wang S
Bought by
Sakin Erika
Seller's Agent
Sharon Sherry Osgood
HomeSmart First Choice Realty
Buyer's Agent
Erika Sakin
KW Coastal and Lakes & Mountains Realty/Meredith
List Price
$239,900
Sold Price
$179,000
Premium/Discount to List
-$60,900
-25.39%
Current Estimated Value
$363,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,746
Avg. Annual Appreciation
13.50%
Original Mortgage
$134,250
Outstanding Balance
$120,089
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,657

Purchase Details

Closed on
Nov 2, 2006
Sold by
Pinto Joao David and Pinto Livracao M
Bought by
Hong Hong Y and Wang Song Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Sakin Erika $179,000 None Available
Hong Hong Y $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sakin Erika $134,250
Previous Owner Hong Hong Y $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $179,000 -10.5% $80 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
10/08/2019 10/08/19 Price Changed $199,900 -9.1% $90 / Sq Ft
07/16/2019 07/16/19 Price Changed $219,900 -8.3% $99 / Sq Ft
04/22/2019 04/22/19 For Sale $239,900 -- $107 / 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 $4,749 $348,400 $127,500 $220,900
2023 $4,465 $321,000 $116,800 $204,200
2022 $3,767 $253,700 $99,100 $154,600
2021 $3,697 $196,000 $65,300 $130,700
2020 $3,455 $175,200 $55,600 $119,600
2019 $3,169 $153,900 $50,800 $103,100
2018 $3,148 $151,000 $49,400 $101,600
2017 $3,155 $150,000 $48,400 $101,600
2016 $2,984 $134,400 $48,400 $86,000
2015 $2,866 $129,100 $50,900 $78,200
2014 $2,887 $128,900 $50,700 $78,200
2013 $3,303 $149,600 $48,000 $101,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4746712

PrimeMLS

APN: LACO-000448-000156-000039