40 Shadow Lake Rd Salem, NH 03079
Wheelers Mill NeighborhoodEstimated Value: $602,000 - $769,000
3
Beds
2
Baths
1,256
Sq Ft
$537/Sq Ft
Est. Value
Highlights
- Barn
- Countryside Views
- Wood Flooring
- 2.5 Acre Lot
- Deck
- 2 Car Attached Garage
About This Home
As of July 2018What an opportunity, This diamond in the rough could be just the property you are looking for! This 3 bedroom, 2 bath ranch sits well off the road on 2.5 acres in Salem, NH, and with your imagination and some updating this property can be transformed into quite a gem. The family room has a w/wood burning fireplace, slider to the back deck, and a breakfast counter on the kitchen side. The central kitchen has a pantry closet, and the window overlooks the deck and back yard. There is a front to back living room with dining area and a slider that opens to the same back deck. There are hardwood floors in the bedrooms & hall, a master bedroom with 3/4 bath, a 2 car attached garage that has never been utilized as such, 2 year old roof and 4 yr old furnace & oil tank, newer carpets, a full basement, and a large barn in the back yard. Recent septic inspection attached showing good condition. Property is being sold as seen as is.
Last Agent to Sell the Property
Leesa Goudreault
BHG Masiello Atkinson License #066801 Listed on: 05/16/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,837
Year Built
- Built in 1970
Lot Details
- 2.5 Acre Lot
- Partially Fenced Property
- Landscaped
- Level Lot
- Garden
- Property is zoned RUR
Parking
- 2 Car Attached Garage
- Dirt Driveway
- Unpaved Parking
Home Design
- Concrete Foundation
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Board and Batten Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Combination Dining and Living Room
- Countryside Views
- Electric Range
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Bathroom on Main Level
Unfinished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Connecting Stairway
- Basement Storage
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Heating System Uses Oil
- Private Water Source
- Drilled Well
- Private Sewer
Additional Features
- Deck
- Barn
- Grass Field
Listing and Financial Details
- Tax Block 6490
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2018
Closed on
Jul 13, 2018
Sold by
Pearse Patricia
Bought by
Lenaghan Paige B and Lenaghan Patrick F
Seller's Agent
Leesa Goudreault
BHG Masiello Atkinson
Buyer's Agent
Missy Fernald
REAL Broker NH, LLC
List Price
$329,000
Sold Price
$340,000
Premium/Discount to List
$11,000
3.34%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,894
Avg. Annual Appreciation
9.66%
Original Mortgage
$306,000
Interest Rate
4.5%
Purchase Details
Closed on
Jul 23, 1971
Bought by
Pearse Richard W and Pearse Patricia
Similar Homes in Salem, NH
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lenaghan Paige B | $340,000 | -- | |
| Pearse Richard W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lenaghan Patrick F | $310,000 | |
| Closed | Lenaghan Paige B | $306,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2018 07/12/18 | Sold | $340,000 | +3.3% | $271 / Sq Ft |
| 05/26/2018 05/26/18 | Pending | -- | -- | -- |
| 05/16/2018 05/16/18 | For Sale | $329,000 | -- | $262 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $8,527 | $484,500 | $172,900 | $311,600 |
| 2023 | $8,217 | $484,500 | $172,900 | $311,600 |
| 2022 | $7,776 | $484,500 | $172,900 | $311,600 |
| 2021 | $7,742 | $484,500 | $172,900 | $311,600 |
| 2020 | $6,518 | $296,000 | $123,500 | $172,500 |
| 2019 | $6,363 | $289,500 | $123,500 | $166,000 |
| 2018 | $5,941 | $274,900 | $123,500 | $151,400 |
| 2017 | $5,954 | $285,700 | $123,500 | $162,200 |
| 2016 | $5,837 | $285,700 | $123,500 | $162,200 |
| 2015 | $5,561 | $260,000 | $120,000 | $140,000 |
| 2014 | $5,405 | $260,000 | $120,000 | $140,000 |
| 2013 | $5,320 | $260,000 | $120,000 | $140,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2018
Leesa Goudreault
BHG Masiello Atkinson
(603) 362-5564
-
Missy Fernald
Buyer's Agent in 2018
Missy Fernald
REAL Broker NH, LLC
(978) 201-9137
76 Total Sales
Map
Source: PrimeMLS
MLS Number: 4693157
APN: SLEM-000045-006490
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