5 Jakes Ln Merrimack, NH 03054
Estimated Value: $483,000 - $565,000
3
Beds
1
Bath
1,725
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Deck
- Fireplace
- Standby Generator
- Corner Lot
- Air Conditioning
- Hot Water Heating System
About This Home
As of October 2022Charming gambrel home lovingly cared for by it's original owners located in a desirable Merrimack neighborhood. Brand new carpet & kitchen flooring. This special property also features air conditioning, replacement windows, & whole house generator. Family room w/fireplace & large picture window. Formal dining room conveniently located directly off the kitchen. Kitchen is spacious w/ new flooring and dining area. 1st floor bedroom and full bath also located on first floor. On the second level there is a large primary bedroom that is currently wide open but has potential for large closet(s) and abuts an unfinished room that could provide a half bath (or possibly even a full bath if expanded) to turn this into a full suite! Another bedroom and home office complete the second level. Large unfinished basement for storage and potential to provide additional living space. Great opportunity for a buyer to gain immediate equity by adding additional cosmetic updating! Flat, corner lot with spacious backyard and potential to add a garage. Great location with close proximity to Manchester Airport, Merrimack Outlet shopping, Rte 3, I-93, & more! Endless potential with this special home! Offer deadline Wed 8/31 @ 5 PM.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,481
Year Built
- Built in 1976
Lot Details
- 0.92 Acre Lot
- Corner Lot
- Level Lot
Parking
- Paved Parking
Home Design
- Gambrel Roof
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Fireplace
- Dining Area
- Unfinished Basement
- Interior Basement Entry
Kitchen
- Electric Range
- Range Hood
- Freezer
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Air Conditioning
- Mini Split Air Conditioners
- Hot Water Heating System
- Heating System Uses Oil
- Septic Tank
- Cable TV Available
Additional Features
- Standby Generator
- Deck
Listing and Financial Details
- Tax Lot 16
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2022
Closed on
Oct 6, 2022
Sold by
Martin William P
Bought by
Cronin Brian and Cronin Alyssa
Seller's Agent
Ryan Kiley
Compass New England, LLC
Buyer's Agent
Kim Cook
LAER Realty Partners/Chelmsford
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Total Days on Market
7
Views
48
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
$130,848
Avg. Annual Appreciation
11.44%
Original Mortgage
$346,500
Outstanding Balance
$334,008
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$181,840
Purchase Details
Closed on
May 27, 1976
Bought by
Martin William and Martin Helen L
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cronin Brian | $385,000 | None Available | |
| Martin William | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cronin Brian | $346,500 | |
| Previous Owner | Martin William | $11,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2022 10/06/22 | Sold | $385,000 | +1.3% | $223 / Sq Ft |
| 09/01/2022 09/01/22 | Pending | -- | -- | -- |
| 08/25/2022 08/25/22 | For Sale | $379,900 | -- | $220 / 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 | $7,906 | $382,100 | $220,000 | $162,100 |
| 2023 | $7,342 | $377,500 | $220,000 | $157,500 |
| 2022 | $6,561 | $377,500 | $220,000 | $157,500 |
| 2021 | $6,482 | $377,500 | $220,000 | $157,500 |
| 2020 | $6,585 | $273,700 | $154,000 | $119,700 |
| 2019 | $6,604 | $273,700 | $154,000 | $119,700 |
| 2018 | $3,019 | $273,700 | $154,000 | $119,700 |
| 2017 | $6,396 | $273,700 | $154,000 | $119,700 |
| 2016 | $6,238 | $273,700 | $154,000 | $119,700 |
| 2015 | $6,343 | $256,600 | $143,000 | $113,600 |
| 2014 | $6,181 | $256,600 | $143,000 | $113,600 |
| 2013 | $6,040 | $252,600 | $143,000 | $109,600 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Kiley
Seller's Agent in 2022
Ryan Kiley
Compass New England, LLC
(978) 877-2439
3 in this area
64 Total Sales
-
Rachel Brock
Seller Co-Listing Agent in 2022
Rachel Brock
Compass New England, LLC
(617) 513-7984
1 in this area
178 Total Sales
-
Kim Cook
Buyer's Agent in 2022
Kim Cook
LAER Realty Partners/Chelmsford
(978) 852-5054
3 in this area
27 Total Sales
Map
Source: PrimeMLS
MLS Number: 4927074
APN: MRMK-000006C-000016
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