NOT LISTED FOR SALE

71 Bay St Wolfeboro, NH 03894

Estimated Value: $999,000 - $1,099,240

3 Beds
2.5 Baths
1,700 Sq Ft
$619/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $650,000 $382 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,425/month

254 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock
  • Lake View
  • 181 Feet of Waterfront
  • Boat Slip
  • 2.27 Acre Lot

About This Home

As of October 2020

What a great opportunity to get on the lake with this single family recently renovated Cape on over two acres of land with 181 ft. of waterfront on Lake Winnipesaukee's Back Bay. With the recent renovation of this Cape, every room has a waterfront view. The two acres of land is open with rolling lawns. Property zoned for commercial, multi-use or residential. All of this is within walking distance to downtown Wolfeboro and all of the shops and restaurants. Located next to the future NH Boat Museum, this property affords many opportunities!

Last Agent to Sell the Property

Richard Moulton

Melanson Real Estate Listed on: 12/12/2019

Co-Listed By

Tim Melanson

Melanson Real Estate License #035799

Last Buyer's Agent

Richard Moulton

Melanson Real Estate Listed on: 12/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 1940

Lot Details

  • 2.27 Acre Lot
  • 181 Feet of Waterfront
  • Lake Front
  • Open Lot
  • Lot Sloped Up
  • Garden
  • Property is zoned Bay St Limited Business

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1.75-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Lake Views
  • Washer

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Exterior Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deeded Waterfront Access Rights
  • Mooring
  • Boat Slip
  • Private Dock
  • Access to a Dock
  • Enclosed Patio or Porch

Schools

  • Carpenter Elementary School
  • Kingswood Regional Middle School
  • Kingswood Regional High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Hiking Trails

Listing and Financial Details

  • Tax Lot 60
  • 16% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,700

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: North on Main Street. Right on Mill Street, right on to Bay Street. #71 on the right just past the New Hampshire Boat Museum property.
  • Flood Zone: Unknown
  • Assessment Amount: 483200
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 382.35
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1940
  • Remarks Public: What a great opportunity to get on the lake with this single family recently renovated Cape on over two acres of land with 181 ft. of waterfront on Lake Winnipesaukee's Back Bay. With the recent renovation of this Cape, every room has a waterfront view. The two acres of land is open with rolling lawns. Property zoned for commercial, multi-use or residential. All of this is within walking distance to downtown Wolfeboro and all of the shops and restaurants. Located next to the future NH Boat Museum, this property affords many opportunities!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range - Gas, Refrigerator, Washer
  • Equipment: Air Conditioner, CO Detector, Smoke Detector
  • Features Interior: Ceiling Fan, Dining Area, Kitchen Island, Kitchen/Dining, Master BR w/ BA, Laundry - Basement
  • Total Bedrooms: 3
  • Flooring: Wood
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Climate Controlled, Concrete, Concrete Floor, Daylight, Finished, Exterior Access
  • Level 1: Level 1: Bath - 1/2, Level 1: Kitchen/Dining, Level 1: Living Room, Level 1: Master Bedroom, Level 1: Porch
  • Level 2: Level 2: Bedroom, Level 2: Bath - 3/4
  • Basement Level Rooms: Level B: Bonus Room, Level B: Other
  • Room 1: Living Room, On Level: 1
  • Room 2: Kitchen/Dining, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Bath - 1/2, On Level: 1
  • Room 5: 1
  • Room 6: Bedroom, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bath - 3/4, On Level: 2
  • Room 9: Bonus Room, On Level: Basement
  • Room 10: Basement
  • Sq Ft - Apx Finished AG: 1700
  • Sq Ft - Apx Finished BG: 800
  • Sq Ft - Apx Total: 2500
  • Sq Ft - Apx Total Finished: 2500

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Below Frost Line, Concrete, Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Boat Mooring, Boat Slip/Dock, Garden Space, Porch - Enclosed, Private Dock
  • Water Body Access: Yes
  • Water Body Type: Lake
  • Water Frontage Length: 181
  • Water Access Details: Dock Access
  • Water Body Name 2: Lake Winnipesaukee
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air
  • Cooling: Central AC
  • Utilities: Cable

Schools

  • School District: Governor Wentworth Regional
  • Elementary School: Carpenter Elementary
  • Middle School: Kingswood Regional Middle
  • High School: Kingswood Regional High School
  • Elementary School: Carpenter Elementary
  • High School: Kingswood Regional High School

Lot Info

  • Map: 203
  • Lot: 60
  • Lot Sq Ft: 98881
  • Lot Acres: 2.27
  • Lot Description: Lake Frontage, Lake View, Open, Rolling, Slight, View, Walking Trails, Water View, Waterfront
  • Surveyed: Unknown
  • Zoning: Bay St Limited Business
  • Deed Book: 3270
  • Deed Page: 786
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 15.8
  • Tax Gross Amount: 7700
  • Tax Year: 2019

MLS Schools

  • School District: Governor Wentworth Regional
  • School Middle Jr: Kingswood Regional Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Oct 5, 2020
Sold by
Costello Dennis
Bought by
Forman Adam
Seller's Agent
Richard Moulton
Melanson Real Estate
Buyer's Agent
Richard Moulton
Melanson Real Estate
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$1,052,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,310
Avg. Annual Appreciation
10.16%
Original Mortgage
$510,400
Outstanding Balance
$456,021
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$596,289

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 7, 2016
Sold by
Bay Meadow Llc
Bought by
Costello Dennis
Seller's Agent
Cindy Melanson
Melanson Real Estate
Buyer's Agent
Tim Melanson
Melanson Real Estate
List Price
$550,000
Sold Price
$350,000
Premium/Discount to List
-$200,000
-36.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%

Purchase Details

Closed on
Oct 3, 2013
Sold by
Bay Meadows Llc
Bought by
New Hampshire Boat Mus
Source: Public Records

Range of Values:

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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
Forman Adam $650,000 None Available
Forman Adam $650,000 None Available
Costello Dennis $350,000 --
Costello Dennis $350,000 --
New Hampshire Boat Mus $1,200,000 --
New Hampshire Boat Mus $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forman Adam $510,400
Closed Forman Adam $510,400
Closed New Hampshire Boat Mus $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $650,000 -3.7% $382 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $675,000 -3.4% $397 / Sq Ft
12/12/2019 12/12/19 For Sale $699,000 +99.7% $411 / Sq Ft
07/08/2016 07/08/16 Sold $350,000 -36.4% $206 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
04/29/2015 04/29/15 For Sale $550,000 -- $324 / 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 $10,146 $638,100 $329,000 $309,100
2023 $9,224 $627,900 $329,000 $298,900
2022 $7,571 $572,700 $329,000 $243,700
2021 $7,256 $530,800 $329,000 $201,800
2020 $6,906 $530,800 $329,000 $201,800
2019 $7,654 $483,200 $329,000 $154,200
2018 $2,373 $483,200 $329,000 $154,200
2017 $1,108 $467,100 $329,000 $138,100
2016 $6,468 $442,100 $329,000 $113,100
2015 $4,836 $346,700 $233,600 $113,100
2014 $5,197 $399,500 $285,000 $114,500
2013 $5,126 $399,500 $285,000 $114,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4787845

PrimeMLS

APN: WOLF-000203-000060