NOT LISTED FOR SALE

699 Union Ave Laconia, NH 03246

Estimated Value: $554,993

-- Bed
5 Baths
3,455 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $299,000 $87 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,324/month

69 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • Hot Water Heating System

About This Home

As of July 2019

Well maintained property owned by the same family for nearly 40 years. Updates and improvements throughout. Situated on corner lot with off street paved parking. Currently mixed use with apartments office. Two room office on first floor. One two bedroom, three one bedroom, and studio apartments.Some long term tenants. Property has excellent rental history. Property has plenty of paved off street parking.

Last Agent to Sell the Property

Mitch Hamel

BHHS Verani Belmont Brokerage Phone: 603-387-7027 License #046232 Listed on: 01/17/2019

BHHS Verani Belmont

Last Buyer's Agent

Shelly Brewer

Coldwell Banker Realty Gilford NH

Coldwell Banker Realty Gilford NH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1880

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,455 Sq Ft Home
  • 1.75-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • 110 Car Parking Spaces
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 13 / 220

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $43,866
  • Net Operating Income $23,709

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,306

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 86.54
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4203
  • Sq Ft - Apx Total Finished: 3455
  • Year Built: 1880
  • Remarks Public: Well maintained property owned by the same family for nearly 40 years. Updates and improvements throughout. Situated on corner lot with off street paved parking. Currently mixed use with apartments office. Two room office on first floor. One two bedroom, three one bedroom, and studio apartments.Some long term tenants. Property has excellent rental history. Property has plenty of paved off street parking.
  • List Agent: 6741
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: No Tenant Access, Unfinished
  • Sq Ft - Apx Finished AG: 3455
  • Sq Ft - Apx Unfinished BG: 748

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Brick, Granite, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle

Garage/Parking

  • Parking: Off Street, On-Site, Parking Spaces 1 - 10, Paved

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Cooling: Individual

Lot Info

  • Map: 371
  • Lot: 13
  • Lot Sq Ft: 6970
  • Lot Acres: 0.16
  • Lot Description: City Lot, Corner, Level, Street Lights
  • Surveyed: Unknown
  • Zoning: C
  • Deed Book: 1803
  • Deed Page: 0848
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 43866
  • Net Income: 23709
  • Total Units: 5
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4306
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Jul 1, 2019
Sold by
Richard E Allen 2002 T
Bought by
Mtr Realty Llc
Seller's Agent
Mitch Hamel
BHHS Verani Belmont
Buyer's Agent
Shelly Brewer
Coldwell Banker Realty Gilford NH
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$554,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,993
Avg. Annual Appreciation
10.35%
Original Mortgage
$239,200
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mtr Realty Llc $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mtr Realty Llc $740,000
Closed Mtr Realty Llc $239,200
Previous Owner Richard E Allen T $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $299,000 0.0% $87 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $299,000 -- $87 / 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 $4,438 $325,600 $121,400 $204,200
2023 $3,543 $254,700 $104,000 $150,700
2022 $3,524 $237,300 $86,700 $150,600
2021 $4,198 $222,600 $80,900 $141,700
2020 $4,390 $222,600 $80,900 $141,700
2019 $4,425 $214,900 $73,200 $141,700
2018 $4,306 $206,500 $69,300 $137,200
2017 $5,060 $240,600 $65,500 $175,100
2016 $5,341 $240,600 $65,500 $175,100
2015 $5,514 $248,400 $68,900 $179,500
2014 $5,560 $248,200 $68,700 $179,500
2013 $5,401 $244,600 $65,100 $179,500
Source: Public Records

Agents Affiliated with this Home

  • Mitch Hamel

    Seller's Agent in 2019

    Mitch Hamel

    BHHS Verani Belmont

    (603) 387-7027

    52 in this area

    112 Total Sales

    Mitch Hamel
    Section Image

  • S

    Buyer's Agent in 2019

    Shelly Brewer

    Coldwell Banker Realty Gilford NH

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4733294

PrimeMLS

APN: LACO-000371-000220-000013

New Hampshire Belknap County Laconia 03246

699 Union Ave, Laconia, NH

This home is located at 699 Union Ave, Laconia, NH 03246 since 17 January 2019 and is currently estimated at $554,993, approximately $160 per square foot. This property was built in 1880. 699 Union Ave is a home located in Belknap County with nearby schools including Laconia Middle School, Laconia High School, and Holy Trinity Catholic School.

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