NOT LISTED FOR SALE

54 Spring St Laconia, NH 03246

Estimated Value: $274,856 - $473,000

7 Beds
3 Baths
3,592 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $150,000 $42 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,447/month

13 Days on Market

Highlights

  • Softwood Flooring
  • Covered patio or porch
  • Baseboard Heating

About This Home

As of October 2015

Laconia, NH - Great 3-unit investment property is right across from the hospital. You can walk everywhere from this convenient location. Large parking area, tenants pay their own utilities. There's a unit on each level which includes two-2 bedroom units and one-3 bedroom unit.

Last Agent to Sell the Property

Robert Gunter

RE/MAX Innovative Bayside License #007581 Listed on: 06/24/2015

RE/MAX Innovative Bayside

Last Buyer's Agent

Chris Evans

BHHS Verani Bedford License #031986

BHHS Verani Bedford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,977

Year Built

  • 1850

Lot Details

  • 0.44 Acre Lot
  • Lot Sloped Up

Home Design

  • Converted Dwelling
  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2.5-Story Property
  • Fire and Smoke Detector

Flooring

  • Softwood
  • Carpet
  • Vinyl

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Apartment Living Space in Basement

Parking

  • 5 Car Parking Spaces
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • 22% Total Tax Rate

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,977

Year Built

1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Flood Zone: Unknown
  • Assessment Year: 2014
  • Construction: Existing
  • Total Stories: 2.5
  • Sq Ft - Apx Total Finished: 3592
  • Unit Info: Refrigerator
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1850

Interior Features

  • Equipment: Smoke Detectr-Hard Wired
  • Flooring: Carpet, Softwood, Vinyl
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Apartments, Partial, Partially Finished
  • Sq Ft - Apx Finished AG: 2768
  • Sq Ft - Apx Finished BG: 824

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Block, Brick, Concrete, Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: On-Site, Parking Spaces 5, Paved

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic, Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Municipal

Schools

  • School District: Laconia Sch Dst SAU #30
  • Elementary School: Woodland Heights Elementary
  • Middle School: Laconia Middle School
  • High School: Laconia High School

Lot Info

  • Lot Sq Ft: 19166
  • Lot Acres: 0.44
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: P

Rental Info

  • Rent Includes: Sewer, Water

Multi Family

  • Gross Income: 28500
  • Total Units: 3
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Rate: 22.4
  • Tax Gross Amount: 2977
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2015
Closed on
Nov 2, 2015
Sold by
James K Belcher Ret
Bought by
Wareagle Usen
Seller's Agent
Robert Gunter
RE/MAX Innovative Bayside
Buyer's Agent
Chris Evans
BHHS Verani Bedford
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Current Estimated Value
$381,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,464
Avg. Annual Appreciation
10.42%
Original Mortgage
$112,500
Outstanding Balance
$90,072
Interest Rate
3.92%
Estimated Equity
$299,864

Purchase Details

Closed on
Apr 17, 2001
Sold by
Williams Hugh J and Williams Elizabeth M
Bought by
James K Belcher T
Source: Public Records

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Range of Values:

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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
Wareagle Usen $150,000 --
James K Belcher T $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wareagle Usen $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $150,000 -5.7% $42 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $159,000 -- $44 / 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 $5,069 $371,900 $132,900 $239,000
2023 $4,767 $342,700 $121,800 $220,900
2022 $4,021 $270,800 $103,400 $167,400
2021 $3,949 $209,400 $67,800 $141,600
2020 $3,692 $187,200 $57,700 $129,500
2019 $3,434 $166,800 $52,700 $114,100
2018 $3,409 $163,500 $51,200 $112,300
2017 $3,417 $162,500 $50,200 $112,300
2016 $3,226 $145,300 $50,200 $95,100
2015 $2,955 $133,100 $52,800 $80,300
2014 $2,977 $132,900 $52,600 $80,300
2013 $3,403 $154,100 $49,800 $104,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4433438

PrimeMLS

APN: LACO-000431-000204-000038