NOT LISTED FOR SALE
Studio
11 Baths
5,184 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: July 24, 2023

Last sale price $815,000 $157 Per Sq Ft

40 Days on Market

Highlights

  • Water Views
  • Level Lot
  • 4-minute walk to Rotary Park
  • Heating System Uses Steam

About This Home

As of July 2023

Great 10+unit investment opportunity tucked away in a quiet location yet close to all downtown Laconia has to offer: shops, restaurants, gyms, theatre, walking trails, hospital, skiing and area lakes. Fully occupied building, water views of an inlet on Lake Winnisquam, off street parking and town water and sewer. Rents are below market value. The basement offers plenty of storage space. There is plenty of add-value potential in this building to make it a 14 unit.

Last Agent to Sell the Property

Trish Marchetti

BerkshireHathaway HomeServices Commonwealth R.E License #064587 Listed on: 04/27/2023

BerkshireHathaway HomeServices Commonwealth R.E

Last Buyer's Agent

Timothy Baxter

Gray Property Group, LLC License #080133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding

Interior Spaces

  • 11 Full Bathrooms
  • 3-Story Property
  • Water Views
  • Walk-Out Basement

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • 100 Amp Service
  • 60 Amp Service
  • Cable TV Available

Community Details

  • 10 Units
  • Gross Income $114,600

Listing and Financial Details

  • Legal Lot and Block 54 / 192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,684

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Directions: Rowe Court is between the church and storage building on Court St.
  • Flood Zone: Unknown
  • Assessment Amount: 315400
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 157.21
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7501
  • Sq Ft - Apx Total Finished: 5184
  • Year Built: 1900
  • List Agent: 25520
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Level, Water View
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater – Tank
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Walkout
  • Sq Ft - Apx Finished AG: 5184
  • Sq Ft - Apx Unfinished AG: 572
  • Sq Ft - Apx Unfinished BG: 1745

Exterior Features

  • Driveway: Paved
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle
  • Easements: Unknown
  • Water Body Type: Lake
  • Water Body Name 2: Winnisquam Lake
  • Water View: Yes
  • Construction Type: Wood Frame, Asbestos Exterior

Utilities

  • Electric: 100 Amp, 60 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Steam
  • Total Electric Meters: 15
  • Total Ranges: 11
  • Total Refrigerators: 11
  • Utilities: Cable - At Site
  • Water Source: Public

Lot Info

  • Map: 442
  • Lot: 54
  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Surveyed: Unknown
  • Zoning: UC
  • Deed Book: 3511
  • Deed Page: 81
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 114600
  • Total Full Baths: 11
  • Total Units: 10
  • Total1 Bedroom Units: 10

Tax Info

  • Tax Gross Amount: 4684
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jul 21, 2023
Sold by
Bought by
Seller's Agent
Trish Marchetti
BerkshireHathaway HomeServices Commonwealth R.E
Buyer's Agent
Timothy Baxter
Gray Property Group, LLC
List Price
$850,000
Sold Price
$815,000
Premium/Discount to List
-$35,000
-4.12%
Views
122

Purchase Details

Closed on
Jun 2, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
0.0511%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$815,000 None Available
$600,000 None Available
$75,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,106,000
Previous Owner $560,000
Previous Owner $118,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Sold $815,000 -3.0% $157 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/20/2023 05/20/23 Price Changed $840,000 -1.2% $162 / Sq Ft
04/27/2023 04/27/23 For Sale $850,000 -- $164 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,085 $622,900 $98,200 $524,700
2024 $6,741 $494,600 $90,900 $403,700
2023 $6,379 $458,600 $71,400 $387,200
2022 $4,684 $315,400 $71,400 $244,000
2021 $3,644 $193,200 $43,100 $150,100
2020 $3,557 $180,400 $43,100 $137,300
2019 $3,412 $165,700 $43,100 $122,600
2018 $3,332 $159,800 $39,100 $120,700
2017 $3,169 $150,700 $39,100 $111,600
2016 $3,141 $141,500 $39,100 $102,400
2015 $4,045 $182,200 $41,200 $141,000
2014 $4,079 $182,100 $41,100 $141,000
2013 $3,972 $179,900 $38,900 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4950201

PrimeMLS

APN: LACO M:442 B:192 L:54

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