NOT LISTED FOR SALE

687 Union Ave Laconia, NH 03246

12 Beds
5 Baths
3,489 Sq Ft
10,454 Sq Ft Lot

Last Sold August 03, 2015

Last sale price $172,500 $49 Per Sq Ft

110 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Direct Access Garage
  • Hot Water Heating System
  • Covered Patio or Porch

About This Home

As of August 2015

Laconia - Here is a money making investment with 4 nice apartments and a retail unit right on Union Avenue/US Route 3 - the main thoroughfare through the Lakes Region. The storefront is 960 square feet and rents for $700/month plus utilities. It has a large attached garage and plenty of storage in the basement. Ideal for retail or office use with a traffic count of 14,000+- cars/day.

Last Agent to Sell the Property

Robert Gunter

RE/MAX Innovative Bayside License #007581 Listed on: 04/01/2015

RE/MAX Innovative Bayside

Last Buyer's Agent

Robert Gunter

RE/MAX Innovative Bayside License #007581 Listed on: 04/01/2015

RE/MAX Innovative Bayside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,085

Year Built

  • 1930

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Direct Access Garage
  • On-Street Parking
  • Visitor Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,489 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Storage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • 5 Units
  • Gross Income $58,643

Listing and Financial Details

  • Legal Lot and Block 14 / 220
  • 22% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,085

Year Built

1930

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Assessment Amount: 182400
  • Assessment Year: 2014
  • Construction: Existing
  • Total Stories: 2
  • Sq Ft - Apx Total Finished: 3489
  • Unit Info: Electric, Heat, Range - Electric, Refrigerator
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 3489

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Off Street, On Street, Parking Spaces 6+, Visitor
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Direct Entry
  • Garage Type: Attached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural, Oil
  • Heating: Hot Air, Hot Water
  • Total Electric Meters: 5
  • Total Heat Units: 3
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 2
  • Trash: Municipal

Schools

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

Lot Info

  • Map: 371
  • Lot: 14
  • Lot Sq Ft: 10454
  • Lot Acres: 0.24
  • Lot Description: City Lot
  • Zoning: Commercial

Multi Family

  • Gross Income: 58643
  • Total Full Baths: 5
  • Total Units: 5
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Rate: 22.4
  • Tax Gross Amount: 4085
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2021
Sold by
Kouzin 7 Llc
Bought by
Skag Llc

Purchase Details

Listed on
Apr 1, 2015
Closed on
Aug 3, 2015
Sold by
Rj Gilbert T and Rj Gilbert
Bought by
Kouzin 7 Llc
Seller's Agent
Robert Gunter
RE/MAX Innovative Bayside
Buyer's Agent
Robert Gunter
RE/MAX Innovative Bayside
List Price
$200,000
Sold Price
$172,500
Premium/Discount to List
-$27,500
-13.75%
Source: Public Records

Range of Values:

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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
Skag Llc -- None Available
Skag Llc -- None Available
Kouzin 7 Llc $168,533 --
Kouzin 7 Llc $168,533 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2015 08/03/15 Sold $172,500 -13.8% $49 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $200,000 -- $57 / 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 $4,800 $352,200 $138,900 $213,300
2023 $4,351 $312,800 $119,000 $193,800
2022 $3,637 $244,900 $99,200 $145,700
2021 $4,202 $222,800 $92,600 $130,200
2020 $4,159 $210,900 $92,600 $118,300
2019 $4,157 $201,900 $83,700 $118,200
2018 $4,082 $195,800 $79,300 $116,500
2017 $4,025 $191,400 $74,900 $116,500
2016 $4,060 $182,900 $74,900 $108,000
2015 $3,958 $178,300 $78,900 $99,400
2014 $4,178 $186,500 $78,500 $108,000
2013 $4,027 $182,400 $74,400 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4410774

PrimeMLS

APN: LACO-000371-000220-000014