NOT LISTED FOR SALE

585 Cherry Valley Rd Gilford, NH 03249

Estimated Value: $527,000 - $627,000

3 Beds
2.5 Baths
1,657 Sq Ft
$348/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $200,000 $121 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $3,505/month

66 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Hot Water Heating System

About This Home

As of January 2019

PRICE REDUCED! Located just outside of Gunstock, this home could be a perfect year round residence or ski home! Enjoy the views from either of the two large decks, one off of the living room and one off of the master bedroom. There's lots to love about this home. Come take a look. HUD Home. FHA Case #341-147368. IE. Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Uses a septic system, propane, and community water system. Any required system repairs will be the buyer's expense. Repairs: Peeling paint on decks, Roof repair; has shingles that are curling up or damaged.

Last Agent to Sell the Property

Christine OBrien

Alton Village Realty/Christine O'Brien Real Estate License #057702 Listed on: 09/21/2018

Last Buyer's Agent

Gustavo Benavides

Coldwell Banker Realty Gilford NH License #068497

Coldwell Banker Realty Gilford NH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,517

Year Built

  • Built in 2003

Lot Details

  • 0.31 Acre Lot
  • Lot Sloped Up
  • Property is zoned LR

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Hot Water Heating System
  • Private Sewer

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Block 008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,517

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: House is across the street from Gunstock Inn
  • Flood Zone: Unknown
  • Assessment Amount: 261730
  • Assessment Year: 2017
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 2
  • Price Per Sq Ft: 120.7
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 2003
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 1657
  • Sq Ft - Apx Total: 2425
  • Sq Ft - Apx Total Finished: 1657
  • Sq Ft - Apx Unfinished BG: 768

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private
  • Heating: Hot Water

Lot Info

  • Map: 253
  • Lot: 000
  • Lot Sq Ft: 13504
  • Lot Acres: 0.31
  • Lot Description: Sloping
  • Surveyed: Unknown
  • Zoning: LR
  • Deed Book: 2972
  • Deed Page: 0308
  • Deed Recorded Type: Foreclosure

Tax Info

  • Tax Gross Amount: 4517
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Jan 2, 2019
Sold by
Department Of Housing & Urban Dev
Bought by
Mccroary Anthony J and Mccroary Patricia J
Seller's Agent
Christine OBrien
Alton Village Realty/Christine O'Brien Real Estate
Buyer's Agent
Gustavo Benavides
Coldwell Banker Realty Gilford NH
List Price
$270,000
Sold Price
$200,000
Premium/Discount to List
-$70,000
-25.93%
Current Estimated Value
$577,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,095
Avg. Annual Appreciation
16.55%
Original Mortgage
$160,000
Outstanding Balance
$141,238
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$435,857

Purchase Details

Closed on
Aug 13, 2018
Sold by
Nhfa
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Feb 21, 2018
Sold by
Goodwin Donna M
Bought by
Nhfa

Purchase Details

Listed on
Sep 12, 2014
Closed on
Jun 2, 2015
Sold by
Bourbeau Philip J and Bourbeau Jeannine P
Bought by
Goodwin Donna M
Seller's Agent
Amanda Connelly
RE/MAX Innovative Bayside
Buyer's Agent
Gail Digangi
Meredith Landing Real Estate LLC
List Price
$241,000
Sold Price
$230,000
Premium/Discount to List
-$11,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$225,834
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2004
Sold by
Daigle Norman R and Daigle Carol E
Bought by
Bourbeau Philip J and Bourbeau Jeannine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccroary Anthony J $200,000 --
Department Of Housing & Urban Dev -- --
Nhfa $269,246 --
Goodwin Donna M $230,000 --
Bourbeau Philip J $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccroary Anthony J $160,000
Previous Owner Bourbeau Philip J $225,834
Previous Owner Bourbeau Philip J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2019 01/04/19 Sold $200,000 -9.1% $121 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/15/2018 11/15/18 Price Changed $220,000 -9.5% $133 / Sq Ft
10/24/2018 10/24/18 Price Changed $243,000 -10.0% $147 / Sq Ft
09/21/2018 09/21/18 For Sale $270,000 +17.4% $163 / Sq Ft
05/29/2015 05/29/15 Sold $230,000 -4.6% $95 / Sq Ft View Prior Sale
04/09/2015 04/09/15 Pending -- -- --
09/12/2014 09/12/14 For Sale $241,000 -- $100 / 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 $5,589 $496,790 $89,790 $407,000
2023 $5,117 $496,790 $89,790 $407,000
2022 $4,839 $395,020 $79,420 $315,600
2021 $4,851 $395,020 $79,420 $315,600
2020 $4,892 $325,480 $58,980 $266,500
2019 $4,853 $305,980 $51,880 $254,100
2018 $0 $262,130 $43,030 $219,100
2017 $4,517 $261,730 $43,030 $218,700
2016 $4,658 $259,510 $46,110 $213,400
2015 $4,567 $254,140 $45,640 $208,500
2011 $4,842 $261,000 $81,800 $179,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4719945

PrimeMLS

APN: GIFL-000253-000008