Seller's Agent in 2021
Deborah Kruzel
Keller Williams Gateway Realty/Salem
(603) 318-6953
4 in this area
95 Total Sales
5 Lawrence Rd Salem, NH 03079
Salem Center NeighborhoodEstimated Value: $519,352
3
Beds
1
Bath
4,880
Sq Ft
$106/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Covered patio or porch
- Forced Air Heating System
- Corner Lot
- 2 Car Attached Garage
- High Speed Internet
About This Home
As of April 2021Great 2 unit property with very active pizza/sandwich shop on first floor and residence above in 15 year old building and a 2 car garage. Tenants have been there 2 and 4 years. Second floor apartment is clean and spacious and includes one garage space (lease is thru 12/2020 and is under market value). Building for sale only, not the pizza business.
Last Agent to Sell the Property
Keller Williams Gateway Realty/Salem License #064844 Listed on: 01/17/2020
Last Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,831
Year Built
- Built in 2005
Lot Details
- 0.32 Acre Lot
- Corner Lot
- Level Lot
Parking
- 2 Car Attached Garage
- Driveway
- Assigned Parking
Home Design
- Colonial Architecture
- Poured Concrete
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1 Full Bathroom
- 2-Story Property
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Exterior Basement Entry
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Separate Meters
- 200+ Amp Service
- Liquid Propane Gas Water Heater
- Septic Tank
- Private Sewer
- High Speed Internet
Listing and Financial Details
- Exclusions: Pizza biz appliances/equipment, 2nd floor washer & Drier
- Tax Block 1529
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Gas Meters
- Operating Expense $18,416
- Gross Income $69,480
- Net Operating Income $51,064
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 1, 2022
Sold by
Daniel Elizabeth A Est and Daniel
Bought by
Mangeri Jessica L
Total Days on Market
378
Current Estimated Value
Purchase Details
Closed on
Apr 17, 2009
Sold by
5 Lawrence Road Llc
Bought by
5 Lawrence Road Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
5.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 30, 1998
Sold by
Elliott William R and Elliott Hannelore
Bought by
Mallous Panagiotis and Mallous Maria
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 |
|---|---|---|---|
| Mangeri Jessica L | $451,000 | None Available | |
| Mangeri Jessica L | $451,000 | None Available | |
| 5 Lawrence Road Llc | $430,000 | -- | |
| 5 Lawrence Road Llc | $430,000 | -- | |
| Mallous Panagiotis | $180,000 | -- | |
| Mallous Panagiotis | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mallous Panagiotis | $387,000 | |
| Previous Owner | 5 Lawrence Road Llc | $375,778 | |
| Previous Owner | 5 Lawrence Road Llc | $222,222 | |
| Previous Owner | 5 Lawrence Road Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2021 04/09/21 | Sold | $698,500 | -1.6% | $143 / Sq Ft |
| 01/29/2021 01/29/21 | Pending | -- | -- | -- |
| 06/23/2020 06/23/20 | Price Changed | $710,000 | -2.1% | $145 / Sq Ft |
| 02/26/2020 02/26/20 | Price Changed | $725,000 | -1.4% | $149 / Sq Ft |
| 01/17/2020 01/17/20 | For Sale | $735,000 | -- | $151 / 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 | $11,385 | $646,900 | $171,400 | $475,500 |
| 2023 | $10,971 | $646,900 | $171,400 | $475,500 |
| 2022 | $10,383 | $646,900 | $171,400 | $475,500 |
| 2021 | $10,337 | $646,900 | $171,400 | $475,500 |
| 2020 | $10,851 | $492,800 | $163,100 | $329,700 |
| 2019 | $10,832 | $492,800 | $163,100 | $329,700 |
| 2018 | $10,649 | $492,800 | $163,100 | $329,700 |
| 2017 | $10,270 | $492,800 | $163,100 | $329,700 |
| 2016 | $10,068 | $492,800 | $163,100 | $329,700 |
| 2015 | $10,661 | $498,400 | $151,500 | $346,900 |
| 2014 | $10,362 | $498,400 | $151,500 | $346,900 |
| 2013 | $10,197 | $498,400 | $151,500 | $346,900 |
Source: Public Records
Agents Affiliated with this Home
-
Deborah Kruzel
-
Elisa Jordan
Seller Co-Listing Agent in 2021
Elisa Jordan
Keller Williams Gateway Realty/Salem
(978) 886-0188
4 in this area
60 Total Sales
-
A
Buyer's Agent in 2021
A non PrimeMLS member
VT_ME_NH_NEREN
Map
Source: PrimeMLS
MLS Number: 4790628
APN: SLEM-000084-001529
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