$106,000
SOLD JUL 31, 2014

7 Lancaster Rd Gorham, NH 03581

3 Beds
2 Baths
1,629 Sq Ft
0.53 Acres

Recently Sold

$65 Per Sq Ft

29% Below List Price

274 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Burning Stove
  • Woodwork
  • Mountain View
  • Skylights
  • Baseboard Heating

About This Home

As of August 2024

MOTIVATED SELLER!! JUST REDUCED!! Location, Opportunity. This residential/ commercial property is located in the heart of the White Mountains.Start you own business, showroom repair shop, dance or Yoga studio. Four seasons of fun can be had in the village of Gorham NH. Miles of snowmobile and 4 wheeler trails. Short distance to Wild Cat Mountain, Pinkham Notch, Great Glen, Sunday River,White water rafting, Outlet shopping in North Conway. Walk down town from your home. This solidly and beautifully maintained home comes with an opportunity to start your own business. The house has been used as a boarding house as well as a vacation rental. The garage has been used for several business ventures over the years. The home it self speaks of peace and warmth. Huge kitchen , gathering area with wood stove. Wood stove in the Family/dinning room plus a wood furnace. This is a busy location, when inside the home you would never know it. Very quiet. Don't let this one pass you by.

Last Agent to Sell the Property

Margaret Munck

Bean Group / Portsmouth Brokerage Phone: 800-450-7784 License #065158 Listed on: 08/31/2013

Last Buyer's Agent

Bill Munck

Bean Group / Portsmouth License #065815

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 1930

Lot Details

  • 0.53 Acre Lot
  • Level Lot
  • Property is zoned commercial/resi

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Architectural Shingle Roof
  • Asbestos Siding
  • Shingle Siding

Interior Spaces

  • 1,629 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Skylights
  • Wood Burning Stove
  • Mountain Views
  • Scuttle Attic Hole
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 6 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Outbuilding

Schools

  • Edward Fenn Elementary School
  • Gorham Middle School
  • Gorham High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • 200+ Amp Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,673

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Located at the junction of US RT -2 and US RT 16
  • Suitable Use: Bed and Breakfast
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 65.07
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1930
  • Remarks Public: MOTIVATED SELLER!! JUST REDUCED!! Location, Opportunity. This residential/ commercial property is located in the heart of the White Mountains.Start you own business, showroom repair shop, dance or Yoga studio. Four seasons of fun can be had in the village of Gorham NH. Miles of snowmobile and 4 wheeler trails. Short distance to Wild Cat Mountain, Pinkham Notch, Great Glen, Sunday River,White water rafting, Outlet shopping in North Conway. Walk down town from your home. This solidly and beautifully maintained home comes with an opportunity to start your own business. The house has been used as a boarding house as well as a vacation rental. The garage has been used for several business ventures over the years. The home it self speaks of peace and warmth. Huge kitchen , gathering area with wood stove. Wood stove in the Family/dinning room plus a wood furnace. This is a busy location, when inside the home you would never know it. Very quiet. Don't let this one pass you by.
  • List Agent: 15979
  • Architectural Style: Cape
  • ResoLotFeatures: Landscaped, Level, Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Water Heater - Off Boiler
  • Features Interior: Attic - Hatch/Skuttle, Hearth, Laundry Hook-ups, Natural Woodwork, Skylight, Laundry - 1st Floor
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Dirt, Partial
  • Room 1: Kitchen, 20x19, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Living Room, 10x16.6, On Level: 1
  • Room 4: Family Room, 21.6x13, On Level: 1
  • Room 6: Workshop
  • Room 7: Primary Bedroom, 12x12,5, On Level: 2
  • Room 8: Bedroom, 12x9.6, On Level: 2
  • Room 9: Bedroom, 16x10, On Level: 2
  • Room 12: Den, 9.6x9, On Level: 2
  • Room 16: Bath - Full, On Level: 1
  • Room 17: Bath - Full, On Level: 2
  • Sq Ft - Apx Finished AG: 1629
  • Sq Ft - Apx Total Finished: 1629

Exterior Features

  • Driveway: Paved
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural
  • Features Exterior: Outbuilding
  • Construction Type: Asbestos Exterior, Shingle Siding

Garage/Parking

  • Parking: Parking Spaces 6+

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Heating Fuel: Oil, Wood
  • Heating: Alternative Heat Stove, Baseboard, Hot Water, Stove - 2, Stove - Wood
  • Water Source: Public

Schools

  • Elementary School: Edward Fenn School
  • Middle School: Gorham Middle School
  • High School: Gorham High School
  • Elementary School: Edward Fenn School
  • High School: Gorham High School

Lot Info

  • Lot Sq Ft: 23086
  • Lot Acres: 0.53
  • Surveyed: Unknown
  • Zoning: commercial/resi
  • Deed Book: 1264
  • Deed Page: 193
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 3672.96
  • Tax Year: 2013

MLS Schools

  • School Middle Jr: Gorham Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Aug 30, 2024
Sold by
Hml Property Mgmt Llc
Bought by
Emerson Shaylyn M and Warcewicz Craig
Seller's Agent
Jim Harvey
Keller Williams Realty-Metropolitan
Buyer's Agent
Lucie Remillard
RE/MAX Northern Edge Realty LLC
List Price
$325,000
Sold Price
$249,000
Premium/Discount to List
-$76,000
-23.38%
Views
825
Current Estimated Value
$252,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,128
Avg. Annual Appreciation
1.45%
Original Mortgage
$241,530
Outstanding Balance
$240,055
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$12,073

Purchase Details

Listed on
Jan 13, 2016
Closed on
Nov 15, 2017
Sold by
Barreira Miguel and Barreira Sandra
Bought by
Linehan Lawrence W and Linehan Lawrence D
Buyer's Agent
Jennifer Stewart
RE/MAX Northern Edge Realty LLC
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.25%

Purchase Details

Listed on
Aug 31, 2013
Closed on
Jul 31, 2014
Sold by
Anne E Carter Ret
Bought by
Barreira Sandra and Barreira Miguel
Seller's Agent
Margaret Munck
Bean Group / Portsmouth
Buyer's Agent
Bill Munck
Bean Group / Portsmouth
List Price
$149,900
Sold Price
$106,000
Premium/Discount to List
-$43,900
-29.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.27%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $249,000 None Available
Warranty Deed $249,000 None Available
Warranty Deed $249,000 None Available
Warranty Deed $95,000 --
Warranty Deed $95,000 --
Warranty Deed $95,000 --
Warranty Deed $106,000 --
Warranty Deed $106,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,530 Purchase Money Mortgage
Closed $241,530 Purchase Money Mortgage
Previous Owner $20,000 Commercial
Closed $0 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $249,000 0.0% $155 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $249,000 -10.8% $155 / Sq Ft
06/18/2024 06/18/24 Price Changed $279,000 -0.4% $173 / Sq Ft
06/06/2024 06/06/24 Price Changed $280,000 +0.2% $174 / Sq Ft
05/20/2024 05/20/24 Price Changed $279,500 +0.2% $174 / Sq Ft
05/02/2024 05/02/24 Price Changed $279,000 -7.9% $173 / Sq Ft
04/24/2024 04/24/24 Price Changed $303,000 -0.7% $188 / Sq Ft
04/09/2024 04/09/24 Price Changed $305,000 +1.7% $190 / Sq Ft
03/25/2024 03/25/24 Price Changed $300,000 -1.6% $186 / Sq Ft
02/27/2024 02/27/24 Price Changed $305,000 +1.7% $190 / Sq Ft
01/25/2024 01/25/24 Price Changed $300,000 -7.7% $186 / Sq Ft
11/21/2023 11/21/23 For Sale $325,000 +242.1% $202 / Sq Ft
11/15/2017 11/15/17 Sold $95,000 -13.6% $100 / Sq Ft
10/06/2017 10/06/17 For Sale $110,000 0.0% $116 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $110,000 0.0% $116 / Sq Ft
06/16/2017 06/16/17 Price Changed $110,000 0.0% $116 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
01/13/2016 01/13/16 For Sale $110,000 +3.8% $116 / Sq Ft
07/31/2014 07/31/14 Sold $106,000 -29.3% $65 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
08/31/2013 08/31/13 For Sale $149,900 -- $92 / 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 $7,599 $268,600 $24,800 $243,800
2023 $6,594 $268,600 $24,800 $243,800
2022 $6,514 $268,600 $24,800 $243,800
2021 $4,286 $120,400 $19,500 $100,900
2020 $3,835 $120,400 $19,500 $100,900
2019 $4,066 $120,400 $19,500 $100,900
2018 $4,396 $120,400 $19,500 $100,900
2017 $4,088 $120,400 $19,500 $100,900
2014 $3,715 $121,100 $29,400 $91,700
2010 $4,694 $196,000 $34,200 $161,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4312908

PrimeMLS

APN: GORH-000008-000000-000005-U000000