NOT LISTED FOR SALE

408 Elm St Laconia, NH 03246

Estimated Value: $285,000 - $333,567

2 Beds
1.5 Baths
1,312 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $230,000 $175 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,918/month

26 Days on Market

Highlights

  • Cape Cod Architecture
  • Tile Flooring
  • Asbestos
  • 2 Car Direct Access Garage
  • Baseboard Heating
  • 4-minute walk to Leavitt Park

About This Home

As of December 2023

Laconia, NH 03246- You are going to love this location, close to the Elm Street School, close to the Leavitt Park, Close to Bond Beach on Lake Opechee and not far from all the new happenings in Lakeport. As you look at this home, you will see some aspects appear positive; location, the roof, the garage, new oil tank, boiler looks to be in great shape, nice first floor bath, first floor laundry and more. Please know that you will need to invest more money once you own this property to correct things like some wood rot, purchase appliances, you will want to secure the older windows, etc. We believe this property and this location is a winner and feel it is a great investment for the right buyer. As the seller continues to get this property ready to show, we will delay showings until this Saturday, October 28, 2023.

Last Agent to Sell the Property

Christopher Kelly

RE/MAX Innovative Bayside Brokerage Phone: 603-677-2182 License #041942 Listed on: 10/25/2023

RE/MAX Innovative Bayside

Co-Listed By

Scott Knowles

RE/MAX Innovative Bayside Brokerage Phone: 603-677-2182 License #052446

Last Buyer's Agent

Bobbi Toth

BHHS Verani Concord

BHHS Verani Concord

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,806

Year Built

  • Built in 1899

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Stone Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1.75-Story Property
  • Dining Area

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Walk-Up Access
  • Dirt Floor

Schools

  • Elm Street Elementary School
  • Laconia Middle School
  • Laconia High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / 71
  • 15% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,806

Year Built

Built in 1899

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: Elm Street to the corner of Jefferson and Elm #408
  • Flood Zone: Unknown
  • Assessment Amount: 188900
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 175.3
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1899
  • Remarks Public: Laconia, NH 03246- You are going to love this location, close to the Elm Street School, close to the Leavitt Park, Close to Bond Beach on Lake Opechee and not far from all the new happenings in Lakeport. As you look at this home, you will see some aspects appear positive; location, the roof, the garage, new oil tank, boiler looks to be in great shape, nice first floor bath, first floor laundry and more. Please know that you will need to invest more money once you own this property to correct things like some wood rot, purchase appliances, you will want to secure the older windows, etc. We believe this property and this location is a winner and feel it is a great investment for the right buyer. As the seller continues to get this property ready to show, we will delay showings until this Saturday, October 28, 2023.
  • Rehab Needed: Yes
  • List Agent: 9195
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Features Interior: Dining Area, Laundry Hook-ups, Laundry - 1st Floor, Laundry - 2nd Floor
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, Dirt Floor, Partial, Unfinished
  • Level 1: Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Porch
  • Level 2: Level 2: Bedroom
  • Room 1: Kitchen, 13 x 14, On Level: 1
  • Room 2: Dining Room, 11 x 13, On Level: 1
  • Room 3: Living Room, 16 x 18, On Level: 1
  • Room 4: Porch, 7 x 19, On Level: 1
  • Room 5: 2, 14 x 15
  • Room 6: Bedroom, 11 x 15, On Level: 2
  • Sq Ft - Apx Finished AG: 1312
  • Sq Ft - Apx Total: 1890
  • Sq Ft - Apx Total Finished: 1312
  • Sq Ft - Apx Unfinished BG: 578

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Asbestos
  • Foundation: Block, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle
  • Easements: Unknown

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Garage, Off Street, On-Site, Parking Spaces 6+
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Direct Entry

Utilities

  • Cable Company: Breezeline or Comcast
  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Electric Company: Eversource
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

Schools

  • School District: Laconia Sch Dst SAU #30
  • Elementary School: Elm Street Elementary School
  • Middle School: Laconia Middle School
  • High School: Laconia High School
  • Elementary School: Elm Street Elementary School
  • High School: Laconia High School

Lot Info

  • Map: 329
  • Lot: 14
  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 3123
  • Deed Page: 23
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Rate: 14.85
  • Tax Gross Amount: 2806
  • Tax Year: 2022

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
Oct 25, 2023
Closed on
Dec 9, 2023
Sold by
Cadarette Jeannie E
Bought by
Baker Zachary E
Seller's Agent
Christopher Kelly
RE/MAX Innovative Bayside
Buyer's Agent
Bobbi Toth
BHHS Verani Concord
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%
Views
184
Current Estimated Value
$300,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,063
Avg. Annual Appreciation
20.21%
Original Mortgage
$223,100
Outstanding Balance
$220,460
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,182

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 21, 2017
Sold by
Giuffrida Robert and Giuffrida Asia
Bought by
Cadarette Gregory S and Cardarette Jeannie E
Seller's Agent
Cami Navoy
KW Coastal and Lakes & Mountains Realty/Meredith
Buyer's Agent
Jaynee Middlemiss
BHG Masiello Meredith
List Price
$118,000
Sold Price
$120,000
Premium/Discount to List
$2,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$116,250
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2015
Closed on
Aug 13, 2015
Sold by
Proulx Nicholas K
Bought by
Giuffrida Robert and Giuffrida Asia
Seller's Agent
House Agent
KW Coastal and Lakes & Mountains Realty/Wolfeboro
Buyer's Agent
Tracie Corbett
Coldwell Banker Realty Gilford NH
List Price
$105,000
Sold Price
$111,000
Premium/Discount to List
$6,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$113,220
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2009
Sold by
Doyle Gail S
Bought by
Proulx Nicholas K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Baker Zachary E $230,000 None Available
Cadarette Gregory S $120,000 --
Giuffrida Robert $111,000 --
Proulx Nicholas K $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Zachary E $223,100
Previous Owner Cadarette Gregory S $116,250
Previous Owner Proulx Nicholas K $113,220
Previous Owner Proulx Nicholas K $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $230,000 -2.1% $175 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/13/2023 11/13/23 Price Changed $234,999 -5.6% $179 / Sq Ft
10/25/2023 10/25/23 For Sale $249,000 +107.5% $190 / Sq Ft
08/18/2017 08/18/17 Sold $120,000 +1.7% $83 / Sq Ft
07/02/2017 07/02/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $118,000 +6.3% $82 / Sq Ft
08/10/2015 08/10/15 Sold $111,000 +5.7% $77 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $105,000 -- $73 / 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 $3,300 $242,100 $115,700 $126,400
2023 $3,081 $221,500 $106,000 $115,500
2022 $2,805 $188,900 $89,900 $99,000
2021 $2,846 $150,900 $60,000 $90,900
2020 $2,800 $142,000 $51,100 $90,900
2019 $2,831 $137,500 $46,600 $90,900
2018 $2,806 $134,600 $45,300 $89,300
2017 $2,723 $129,500 $44,400 $85,100
2016 $2,673 $120,400 $44,400 $76,000
2015 $2,817 $126,900 $46,800 $80,100
2014 $2,746 $122,600 $46,600 $76,000
2013 $2,652 $120,100 $44,100 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4975425

PrimeMLS

APN: LACO-000329-000071-000014