NOT LISTED FOR SALE

7 Bailey Rd Salem, NH 03079

Estimated Value: $538,000 - $671,000

4 Beds
2 Baths
2,164 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $262,500 $121 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,681/month

6 Days on Market

Highlights

  • Cathedral Ceiling
  • 1 Car Attached Garage
  • Baseboard Heating
  • Cul-De-Sac
  • Home Security System
  • Dining Area

About This Home

As of May 2017

UPDATE: Town confirmed connection of septic This home is a solid value It will need a roof, some paint and minor updates for VA/FHA. VERY minor water damage in the living room ceiling. Most first floor rooms are oak. All finished space is above ground. Very nice bathrooms. Dining room opens to living room- will allow table expansion for a large family. QUICK CLOSING POSSIBLE. Estate Sale Offered as is as shown.

Last Agent to Sell the Property

Wayne Bailey

Homes of New Hampshire Realty LLC License #001156 Listed on: 04/12/2017

Last Buyer's Agent

Suresh Patel

Suresh R. Patel Realty License #071704

Home Details

Home Type

  • Single Family

Year Built

  • 1961

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Open Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Blinds
  • Dining Area
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Sump Pump

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 220 Volts
  • 100 Amp Service
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 7451

Home Details

Home Type

Single Family

Year Built

1961

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Assessment Amount: 274500
  • Construction: Existing
  • Total Stories: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1961

Interior Features

  • Appliances: Dishwasher, Dryer, Range - Electric, Refrigerator, Trash Compactor, Washer
  • Equipment: Security System
  • Features Interior: Blinds, Cathedral Ceiling, Dining Area, Fireplace - Screens/Equip, Fireplace - Wood, Hearth, Laundry Hook-ups, Security, Wood Stove Hook-up
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Partial, Sump Pump, Unfinished
  • Level 1: Level 1: Bedroom, Level 1: Bath - Full, Level 1: Dining Room, Level 1: Family Room, Level 1: Kitchen, Level 1: Living Room
  • Level 2: Level 2: Bedroom, Level 2: Bath - 3/4
  • Room 1: Kitchen, 10x12, On Level: 1
  • Room 2: Family Room, 17x18, On Level: 1
  • Room 3: Dining Room, 10x12, On Level: 1
  • Room 4: Living Room, 17x18, On Level: 1
  • Room 5: 1
  • Room 6: Bedroom, 11x12, On Level: 1
  • Room 7: Bedroom, 11x11, On Level: 1
  • Room 8: Bedroom, 13x19 irr, On Level: 2
  • Room 9: Bedroom, 12x15, On Level: 2
  • Room 10: 2
  • Sq Ft - Apx Finished AG: 2164
  • Sq Ft - Apx Total: 3364
  • Sq Ft - Apx Total Finished: 2164
  • Sq Ft - Apx Unfinished BG: 1200

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood, Wood Siding
  • Foundation: Block
  • Road Frontage: Yes
  • Roads: Cul-de-Sac, Paved, Public
  • Roof: Fiberglass, Shingle - Asphalt, Shingle - Fiberglass

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Garage, On-Site, On Street, Parking Spaces 6+
  • Garage Type: Attached
  • Garage: Yes

Utilities

  • Electric: 100 Amp, 220 Volt
  • Sewer: On-Site Septic Exists, Private
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, House Unit
  • Cooling: Wall AC

Condo/Co-op/Association

  • Amenities: Cable, Cable Internet, Security

Lot Info

  • Lot: 7451
  • Lot Sq Ft: 12197
  • Lot Acres: 0.28
  • Lot Description: Level, Open, Subdivision
  • Surveyed: Unknown
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
May 22, 2017
Sold by
Es Poole Helen Cecelia and Olson Leslie J
Bought by
Patel Kaushal and Patel Falguni
Seller's Agent
Wayne Bailey
Homes of New Hampshire Realty LLC
Buyer's Agent
Suresh Patel
Suresh R. Patel Realty
List Price
$274,900
Sold Price
$262,500
Premium/Discount to List
-$12,400
-4.51%
Current Estimated Value
$585,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,139
Avg. Annual Appreciation
9.84%
Original Mortgage
$210,000
Outstanding Balance
$174,160
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$411,479

Purchase Details

Closed on
Jun 4, 1992
Bought by
Poole Helen C
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
Patel Kaushal $262,533 --
Poole Helen C $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Kaushal $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $262,500 -4.5% $121 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $274,900 -- $127 / 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 $7,197 $408,900 $156,100 $252,800
2023 $6,935 $408,900 $156,100 $252,800
2022 $6,563 $408,900 $156,100 $252,800
2021 $6,534 $408,900 $156,100 $252,800
2020 $6,044 $274,500 $111,600 $162,900
2019 $6,034 $274,500 $111,600 $162,900
2018 $5,422 $250,900 $111,600 $139,300
2017 $5,229 $250,900 $111,600 $139,300
2016 $5,608 $274,500 $111,600 $162,900
2015 $5,191 $242,700 $116,600 $126,100
2014 $5,046 $242,700 $116,600 $126,100
2013 $4,966 $242,700 $116,600 $126,100
Source: Public Records

Agents Affiliated with this Home

  • Wayne Bailey

    Seller's Agent in 2017

    Wayne Bailey

    Homes of New Hampshire Realty LLC

    (603) 765-3564

    1 Total Sale

    Wayne Bailey
    Section Image

  • S

    Buyer's Agent in 2017

    Suresh Patel

    Suresh R. Patel Realty

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4626763

PrimeMLS

APN: SLEM-000096-007451

New Hampshire Rockingham County Salem 03079

7 Bailey Rd, Salem, NH

Not Listed for Sale

Detached

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