NOT LISTED FOR SALE

7 Walter Palmer Ln Unit 2 Salem, NH 03079

Salem Center Neighborhood

Estimated Value: $532,920 - $732,000

6 Beds
1 Bath
3,428 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $459,900 $134 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,107/month

8 Days on Market

Highlights

  • Wooded Lot
  • Parking Storage or Cabinetry
  • High Speed Internet
  • 2 Car Attached Garage
  • Whole House Fan
  • Wood Siding

About This Home

As of June 2020

Welcome to Walter Palmer Lane! Opportunity to own a unique property consisting of a renovated 3 Bedroom Ranch with 2 car attached garage along with a 3 Bedroom rental apartment. Home is zoned as a multi-family with two units. Perfect for investors, a buyer looking for an in-law or a buyer wanting to subsidize their mortgage. Both units are fully applianced and both have a fireplace(one needs an insert). Main level has beautiful, bamboo flooring, granite counters, tile back splash, custom cabinetry and updated baths. Spacious Living room, Den, Laundry area and private deck. Garage is heated with pull down storage - one side has been used as a workshop. Generator. Apartment was renovated within the last two years and consists of 3 Bedrooms, kitchen, dining/living room, office and 1.25 baths. Both units have their own driveway. Plenty of parking. Two sheds. Cul de sac. This is an estate sale. Buyer to do their own due diligence. Agents please view the non-public remarks about COVID19 rules for showings, town cards, septic information, seller disclosures and showing requirements.

Last Agent to Sell the Property

Linda Jordan

BHHS Verani Windham Brokerage Phone: 603-560-4949 License #051188 Listed on: 04/26/2020

BHHS Verani Windham

Last Buyer's Agent

Nora Polanco

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,249

Year Built

  • Built in 1960

Lot Details

  • 0.67 Acre Lot
  • Lot Sloped Up
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Whole House Fan

Basement

  • Walk-Out Basement
  • Crawl Space

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 2353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,249

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Millville to Carmar to Walter Palmer
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 249.4
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3688
  • Sq Ft - Apx Total Finished: 3428
  • Year Built: 1960
  • Remarks Public: Welcome to Walter Palmer Lane! Opportunity to own a unique property consisting of a renovated 3 Bedroom Ranch with 2 car attached garage along with a 3 Bedroom rental apartment. Home is zoned as a multi-family with two units. Perfect for investors, a buyer looking for an in-law or a buyer wanting to subsidize their mortgage. Both units are fully applianced and both have a fireplace(one needs an insert). Main level has beautiful, bamboo flooring, granite counters, tile back splash, custom cabinetry and updated baths. Spacious Living room, Den, Laundry area and private deck. Garage is heated with pull down storage - one side has been used as a workshop. Generator. Apartment was renovated within the last two years and consists of 3 Bedrooms, kitchen, dining/living room, office and 1.25 baths. Both units have their own driveway. Plenty of parking. Two sheds. Cul de sac. This is an estate sale. Buyer to do their own due diligence. Agents please view the non-public remarks about COVID19 rules for showings, town cards, septic information, seller disclosures and showing requirements.
  • List Agent: 6815
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 6
  • Basement Access Type: Walkout
  • Basement Description: Crawl Space, Slab
  • Sq Ft - Apx Finished AG: 1844
  • Sq Ft - Apx Finished BG: 1584
  • Sq Ft - Apx Unfinished BG: 260

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Shingle, Wood Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 6+
  • Garage: Yes
  • Garage Description: Heated, Storage Above
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric
  • Heating: Electric, Heat Pump
  • Cooling: Central AC, Whole House Fan
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Internet - Cable

Lot Info

  • Map: 65
  • Lot Sq Ft: 29185
  • Lot Acres: 0.67
  • Lot Description: Wooded
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 2255
  • Deed Page: 0379
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 6249
  • Tax Year: 2019

Multi Family

  • Total Full Baths: 1
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 1976
Bought by
Gagnon Richard P and Gagnon Lucy A
Total Days on Market
8
Current Estimated Value
$632,480
Source: Public Records

Range of Values:

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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
Gagnon Richard P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Alcides $444,550
Closed Gagnon Richard P $275,000
Closed Gagnon Lucy A $85,000
Closed Gagnon Richard P $204,000
Closed Gagnon Richard P $212,000
Closed Gagnon Richard P $49,000
Closed Gagnon Richard P $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $459,900 0.0% $134 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $459,900 -- $134 / 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 $6,883 $391,100 $165,600 $225,500
2023 $6,633 $391,100 $165,600 $225,500
2022 $6,277 $391,100 $165,600 $225,500
2021 $6,250 $391,100 $165,600 $225,500
2020 $6,260 $284,300 $118,400 $165,900
2019 $6,249 $284,300 $118,400 $165,900
2018 $6,144 $284,300 $118,400 $165,900
2017 $5,925 $284,300 $118,400 $165,900
2016 $5,808 $284,300 $118,400 $165,900
2015 $5,647 $264,000 $117,800 $146,200
2014 $5,489 $264,000 $117,800 $146,200
2013 $5,401 $264,000 $117,800 $146,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4802530

PrimeMLS

APN: SLEM-000065-002354