NOT LISTED FOR SALE

5 Lancelot Ct Unit 27 Salem, NH 03079

Depot Village Neighborhood

Estimated Value: $255,000 - $288,000

2 Beds
1 Bath
916 Sq Ft
$426/mo HOA Fee

Last Sold March 27, 2023

Last sale price $246,000 $269 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,174/month

5 Days on Market

About This Home

As of March 2023

Showings Start Saturday 3/11/23 at Open House 11A

Last Listed By

Tammy Lynch

BHHS Verani Meredith Brokerage Phone: 978-902-3681 License #071975 Listed on: 03/09/2023

BHHS Verani Meredith

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,638

Year Built

  • Built in 1972

Lot Details

  • 1,742

HOA Fees

  • $426 Monthly HOA Fees

Parking

  • Shared Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • Interior Basement Entry

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include heat, hot water, landscaping, plowing, trash, water, special assessments
  • Lancelot Court Condos

Listing and Financial Details

  • Legal Lot and Block 123 / 8879

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,638

Year Built

Built in 1972

Lot Details

0

HOA Fees

$426 per month

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Units per Building: 25
  • Assessment Amount: 164400
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 268.56
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1972
  • Remarks Public: Offer Deadline 3/14 12 P.M Maintenace free living! Come see this over-sized second-floor garden style condo conveniently located close to Tuscan Village and all the conveniences of Tax free Salem NH. Condo fee includes your gas heat, hot water, and gas cooking! This unit is great for both owner occupant or savvy investor. Available for a quick closing.
  • List Agent: 280610
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range Hood, Range - Gas
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete
  • Level 2: Level 2: Bedroom, Level 2: Kitchen, Level 2: Living/Dining
  • Room 1: Kitchen, On Level: 2
  • Room 2: Living/Dining, On Level: 2
  • Room 3: On Level: 2
  • Room 4: Bedroom, On Level: 2
  • Sq Ft - Apx Finished AG: 916
  • Sq Ft - Apx Total: 916
  • Sq Ft - Apx Total Finished: 916

Exterior Features

  • Building Number: 5
  • Construction: Wood Frame
  • Driveway: Common/Shared
  • Exterior: Brick
  • Foundation: Poured Concrete
  • Roads: Association
  • Roof: Shingle

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater
  • Cooling: Wall AC Units
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 426
  • Fee Includes: Heat, Hot Water, Landscaping, Plowing, Trash, Water, Special Assessments
  • Condo Fees: Yes
  • Condo Name: Lancelot Court

Lot Info

  • Map: 117
  • Lot: 123
  • Common Land Acres: 0.05
  • Lot Description: Condo Development
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 5675
  • Deed Page: 1004
  • Deed Recorded Type: Fiduciary
  • Unit/Lot Number: 27

Tax Info

  • Tax Gross Amount: 2638
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Yalamanchili Phanendra and Yalamanchili Kalyani
Bought by
Spasov Aleksandar
Total Days on Market
5
Current Estimated Value
$271,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$188,571
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,320

Purchase Details

Listed on
Mar 9, 2023
Closed on
Mar 27, 2023
Sold by
Chen Yi
Bought by
Yalamanchili Phanendra and Yalamanchili Kalyani
Seller's Agent
Tammy Lynch
BHHS Verani Meredith
Buyer's Agent
Phanendra Yalamanchili
Chinatti Realty Group
List Price
$225,000
Sold Price
$246,000
Premium/Discount to List
$21,000
9.33%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
Sep 9, 2015
Closed on
Dec 4, 2015
Sold by
Theresa Nehme Ret and Nehme
Bought by
Chen Yi
Seller's Agent
Hannah Trull
BHHS Verani Seacoast
Buyer's Agent
Hannah Trull
BHHS Verani Seacoast
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.88%

Purchase Details

Closed on
Oct 29, 2002
Sold by
Charabati Wahib and Charabati Marie
Bought by
Charabati Abdo

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
Spasov Aleksandar $280,000 None Available
Spasov Aleksandar $280,000 None Available
Yalamanchili Phanendra $246,000 None Available
Yalamanchili Phanendra $246,000 None Available
Chen Yi $95,066 --
Chen Yi $95,066 --
Charabati Abdo $50,000 --
Charabati Abdo $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spasov Aleksandar $190,000
Closed Spasov Aleksandar $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $246,000 +9.3% $269 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $225,000 -8.5% $246 / Sq Ft
03/13/2023 03/13/23 Off Market $246,000 -- --
03/09/2023 03/09/23 For Sale $225,000 +136.8% $246 / Sq Ft
12/03/2015 12/03/15 Sold $95,000 -20.8% $104 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $120,000 0.0% $131 / Sq Ft
06/12/2015 06/12/15 Rented $1,100 -4.3% --
04/09/2013 04/09/13 Under Contract -- -- --
01/04/2013 01/04/13 For Rent $1,150 -- --
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 $2,893 $164,400 $0 $164,400
2023 $2,788 $164,400 $0 $164,400
2022 $2,639 $164,400 $0 $164,400
2021 $2,627 $164,400 $0 $164,400
2020 $2,041 $92,700 $0 $92,700
2019 $2,038 $92,700 $0 $92,700
2018 $2,003 $92,700 $0 $92,700
2017 $1,932 $92,700 $0 $92,700
2016 $1,894 $92,700 $0 $92,700
2015 $1,594 $74,500 $0 $74,500
2014 $1,549 $74,500 $0 $74,500
2013 $1,524 $74,500 $0 $74,500
Source: Public Records

Agents Affiliated with this Home

  • Tammy Lynch

    Seller's Agent in 2023

    Tammy Lynch

    BHHS Verani Meredith

    (978) 902-3681

    1 in this area

    23 Total Sales

    Tammy Lynch
    Section Image

  • P

    Buyer's Agent in 2023

    Phanendra Yalamanchili

    Chinatti Realty Group

    (339) 221-1212

    1 in this area

    5 Total Sales

    Phanendra Yalamanchili
    Section Image
  • Hannah Trull

    Seller's Agent in 2015

    Hannah Trull

    BHHS Verani Seacoast

    (603) 431-8977

    Section Image
  • Cindy Ronning

    Seller's Agent in 2015

    Cindy Ronning

    Century 21 North East

    (603) 765-8665

    53 Total Sales

    Cindy Ronning
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4945100

PrimeMLS

APN: SLEM-000117-008879-000123

New Hampshire Rockingham County Salem 03079 Depot Village

5 Lancelot Ct Unit 27, Salem, NH

Homes for Sale in Salem, NH

This home is located at 5 Lancelot Ct Unit 27, Salem, NH 03079 since 09 March 2023 and is currently estimated at $271,891, approximately $296 per square foot. This property was built in 1972. 5 Lancelot Ct Unit 27 is a home located in Rockingham County with nearby schools including Dr. L.F. Soule School, Woodbury School, and Salem High School.

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