NOT LISTED FOR SALE

421 Bear Island Meredith, NH 03253

Estimated Value: $717,000 - $906,000

3 Beds
1 Bath
1,030 Sq Ft
$827/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $246,000 $239 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $5,198/month

53 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Furnished
  • Hiking Trails
  • Lake View
  • Cottage
  • Woodwork

About This Home

As of August 2017

An opportunity to purchase one of the original guest cottages for the former Bear Island Hotel. Built in the 1900's, this cottage rests right on the water's edge and abuts Lover's Lane, one of many trails on the island interior. Bright and sunny with lots of glass - spacious living/dining, good size kitchen, 3 bedrooms and three-quarter bath. Natural pine paneling throughout. 12 x 30 open deck and L-shape area covered. 12 x 28 walk-in storage, workshop and dressing room on lower level. Enjoy majestic mountain views, sunny westerly and sandy swimming. Bear Island is the largest non bridged island on Lake Winnipesaukee. The island offers many interior trails for walking and exploring. There is also a church, and mail is delivered daily at the mail dock located on the North end. It's your turn to be on island time!

Last Agent to Sell the Property

Betty Ann Bickford

Maxfield Real Estate/Wolfeboro License #031787 Listed on: 05/26/2017

Last Buyer's Agent

Mark Ashley

Maxfield Real Estate/Center Harbor License #068286

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,964

Year Built

  • Built in 1900

Lot Details

  • 1.13 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Lot Sloped Up

Property Views

  • Lake
  • Mountain

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,030 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Woodwork
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Dirt Floor

Utilities

  • Heating System Uses Wood
  • Heating System Uses Kerosene
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank
  • Private Sewer
  • Satellite Dish

Additional Features

  • Gray Water System
  • Water Access

Community Details

  • Hiking Trails
  • Trails

Listing and Financial Details

  • Tax Block 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,964

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cottage/Camp
  • Flood Zone: Unknown
  • Assessment Amount: 318400
  • Assessment Year: 2016
  • Construction: Existing
  • Seasonal: Yes
  • Total Stories: 2
  • Price Per Sq Ft: 238.83
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1900
  • Remarks Public: An opportunity to purchase one of the original guest cottages for the former Bear Island Hotel. Built in the 1900's, this cottage rests right on the water's edge and abuts Lover's Lane, one of many trails on the island interior. Bright and sunny with lots of glass - spacious living/dining, good size kitchen, 3 bedrooms and three-quarter bath. Natural pine paneling throughout. 12 x 30 open deck and L-shape area covered. 12 x 28 walk-in storage, workshop and dressing room on lower level. Enjoy majestic mountain views, sunny westerly and sandy swimming. Bear Island is the largest non bridged island on Lake Winnipesaukee. The island offers many interior trails for walking and exploring. There is also a church, and mail is delivered daily at the mail dock located on the North end. It's your turn to be on island time!
  • List Agent: 9397
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Range Hood, Microwave, Range - Electric, Refrigerator, Washer
  • Equipment: Satellite Dish
  • Features Interior: Dining Area, Furnished, Living/Dining, Natural Woodwork
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Dirt Floor, Unfinished
  • Level 1: Level 1: Kitchen, Level 1: Living/Dining, Level 1: Other
  • Level 2: Level 2: Bedroom
  • Room 1: Living/Dining, 20 x 20, On Level: 1
  • Room 2: Kitchen, 9.5 x 14.5, On Level: 1
  • Room 3: Bedroom, 10 x 10, On Level: 2
  • Room 4: Bedroom, 10 x 10, On Level: 2
  • Room 5: 2, 10 x 10
  • Room 6: Other, 12 x 28, On Level: 1
  • Sq Ft - Apx Finished AG: 1030
  • Sq Ft - Apx Total: 1030
  • Sq Ft - Apx Total Finished: 1030

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl
  • Foundation: Post/Piers
  • Roof: Shingle - Asphalt
  • Water Body Access: Yes
  • Water Body Name: Winnipesaukee
  • Water Body Type: Lake
  • Water Frontage Length: 100
  • Water Body Access: Owned
  • Waterfront: Yes
  • Water View: Yes

Utilities

  • Electric: 200 Amp
  • Sewer: 750 Gallon, Grey Water, On-Site Septic Exists, Private
  • Water Heater: Electric
  • Heating Fuel: Kerosene, Wood

Lot Info

  • Map: 102
  • Lot Sq Ft: 49223
  • Lot Acres: 1.13
  • Lot Description: Lake Frontage, Lake View, Mountain View, Slight, Trail/Near Trail, View, Walking Trails, Water View, Waterfront
  • Surveyed: Unknown
  • Zoning: S
  • Deed Book: 2590
  • Deed Page: 0119
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 2016
  • Tax Gross Amount: 4964
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Sep 6, 2017
Sold by
Collins T
Bought by
Gandhok Harmett and Holny Sara A
Seller's Agent
Betty Ann Bickford
Maxfield Real Estate/Wolfeboro
Buyer's Agent
Mark Ashley
Maxfield Real Estate/Center Harbor
List Price
$299,900
Sold Price
$246,000
Premium/Discount to List
-$53,900
-17.97%
Current Estimated Value
$851,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,878
Avg. Annual Appreciation
15.97%
Original Mortgage
$196,800
Outstanding Balance
$166,209
Interest Rate
3.88%
Mortgage Type
Unknown
Estimated Equity
$634,835
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
Gandhok Harmett $246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandhok Harmett $196,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $246,000 -18.0% $239 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $299,900 -- $291 / 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 $6,687 $651,800 $592,200 $59,600
2023 $6,446 $651,800 $592,200 $59,600
2022 $5,524 $395,400 $345,800 $49,600
2021 $5,310 $395,400 $345,800 $49,600
2020 $5,544 $395,400 $345,800 $49,600
2019 $5,263 $331,200 $285,400 $45,800
2018 $5,173 $331,200 $285,400 $45,800
2016 $4,964 $318,400 $257,300 $61,100
2015 $4,840 $318,400 $257,300 $61,100
2014 $4,722 $318,400 $257,300 $61,100
2013 $4,588 $318,400 $257,300 $61,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4637176

PrimeMLS

APN: MERE-000002I-000007