NOT LISTED FOR SALE

71 Shadow Lake Rd Salem, NH 03079

Wheelers Mill Neighborhood

Estimated Value: $552,000 - $639,703

3 Beds
2 Baths
1,200 Sq Ft
$496/Sq Ft Est. Value

Last Sold February 02, 2023

Last sale price $499,900 $417 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,896/month

79 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock
  • Lake View
  • 150 Feet of Waterfront
  • Boat or Launch Ramp
  • Vinyl Plank Flooring

About This Home

As of February 2023

Motivated sellers and can accomodate a quick close! Don’t miss your opportunity to own a beautiful, fully renovated, year-round lake house in southern New Hampshire with a private boat launch! New owners can add their own dock! Enjoy peaceful waterfront views from almost every room of this beautiful, completely updated 3-bedroom, 2-bathroom Ranch-style home in Salem, NH! Wake up to stunning sunrises and sunsets over the lake every day and enjoy swimming, boating, and fishing right outside your new home! Updates include: a new roof, new siding, new 200-amp panel and wiring, new PVC plumbing, new HVAC heating and central air system, new deck and stairs, new kitchen appliances, cabinets, bathrooms… AND the home has been completely reinsulated! The property is located within a few miles of the MA border and the Salem Town Forest and provides easy access to shopping, entertainment & commuter routes. This is perfect for a primary residence, a second home, or an Airbnb investment property!

Last Agent to Sell the Property

Cayley Lord

RE/MAX Synergy Listed on: 10/04/2022

RE/MAX Synergy

Last Buyer's Agent

Meghan Gadway

Great Island Realty LLC License #069603

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,876

Year Built

  • Built in 1955

Lot Details

  • 0.33 Acre Lot
  • 150 Feet of Waterfront
  • Level Lot
  • Property is zoned REC

Parking

  • Stone Driveway

Home Design

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

Interior Spaces

  • 1-Story Property
  • Vinyl Plank Flooring
  • Lake Views
  • Laundry on main level

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Up Access
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Boat or Launch Ramp
  • Private Dock
  • Docks
  • Access to a Dock

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Private Water Source
  • Shared Water Source
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • Trails

Listing and Financial Details

  • Legal Lot and Block 4614 / /

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,876

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Ranch
  • Flood Zone: Unknown
  • Assessment Amount: 367700
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 416.58
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1955
  • Remarks Public: Motivated sellers and can accomodate a quick close! Don’t miss your opportunity to own a beautiful, fully renovated, year-round lake house in southern New Hampshire with a private boat launch! New owners can add their own dock! Enjoy peaceful waterfront views from almost every room of this beautiful, completely updated 3-bedroom, 2-bathroom Ranch-style home in Salem, NH! Wake up to stunning sunrises and sunsets over the lake every day and enjoy swimming, boating, and fishing right outside your new home! Updates include: a new roof, new siding, new 200-amp panel and wiring, new PVC plumbing, new HVAC heating and central air system, new deck and stairs, new kitchen appliances, cabinets, bathrooms… AND the home has been completely reinsulated! The property is located within a few miles of the MA border and the Salem Town Forest and provides easy access to shopping, entertainment & commuter routes. This is perfect for a primary residence, a second home, or an Airbnb investment property!
  • List Agent: 286612
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Stove - Gas
  • Features Accessibility: 1st Floor Bedroom, One-Level Home, 1st Floor Laundry
  • Total Bedrooms: 3
  • Flooring: Vinyl Plank
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Crawl Space
  • Level 1: Level 1: Bedroom, Level 1: Kitchen/Living, Level 1: Living/Dining, Level 1: Living Room, Level 1: Primary Bedroom
  • Room 1: Kitchen/Living, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Primary Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: 1
  • Room 6: Living/Dining, On Level: 1
  • Sq Ft - Apx Finished AG: 1200
  • Sq Ft - Apx Total: 2100
  • Sq Ft - Apx Total Finished: 1200
  • Sq Ft - Apx Unfinished BG: 900

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Vinyl
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle
  • Features Exterior: Boat Launch, Docks, Private Dock
  • Water Body Access: Yes
  • Water Body Type: Reservoir
  • Water Frontage Length: 150
  • Water Restrictions: Unknown
  • Water Access Details: Beach Access, Directly Adjoining, Dock Access
  • Water Body Name 2: Shadow Lake
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: 200 Amp
  • Fuel Company: NRG
  • Sewer: Private
  • Water: Private, Shared
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air
  • Cooling: Central AC
  • Utilities: Cable - Available

Schools

  • School District: Salem School District

Lot Info

  • Map: 37
  • Lot: 4614
  • Lot Sq Ft: 14375
  • Lot Acres: 0.33
  • Lot Description: Beach Access, Lake View, Level, Trail/Near Trail, Water View, Waterfront
  • Surveyed: Unknown
  • Zoning: REC
  • Deed Book: 6406
  • Deed Page: 1938
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 5876
  • Tax Year: 2021

MLS Schools

  • School District: Salem School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Feb 2, 2023
Sold by
Holmes Alex and Comeford Ethan
Bought by
Vollmer Dale R and Vollmer Marian
Seller's Agent
Cayley Lord
RE/MAX Synergy
Buyer's Agent
Meghan Gadway
Great Island Realty LLC
List Price
$575,000
Sold Price
$499,900
Premium/Discount to List
-$75,100
-13.06%
Views
174
Current Estimated Value
$595,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,526
Avg. Annual Appreciation
6.25%
Original Mortgage
$399,920
Outstanding Balance
$387,318
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,224

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 6, 2022
Sold by
White Eugene L and White Jean H
Bought by
Holmes Alex and Comerford Ethan
Seller's Agent
Christine Carey
DiPietro Group Real Estate
Buyer's Agent
Cayley Lord
RE/MAX Synergy
List Price
$309,900
Sold Price
$326,000
Premium/Discount to List
$16,100
5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.83%

Purchase Details

Closed on
Jul 17, 1974
Bought by
White Eugene L and White Jean
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
Vollmer Dale R $499,933 None Available
Holmes Alex $326,000 None Available
White Eugene L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vollmer Dale R $399,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Sold $499,900 0.0% $417 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
12/14/2022 12/14/22 Price Changed $499,900 -5.7% $417 / Sq Ft
11/17/2022 11/17/22 Price Changed $529,900 -3.6% $442 / Sq Ft
10/28/2022 10/28/22 Price Changed $549,900 -1.8% $458 / Sq Ft
10/23/2022 10/23/22 Price Changed $559,900 -2.6% $467 / Sq Ft
10/04/2022 10/04/22 For Sale $575,000 +76.4% $479 / Sq Ft
05/06/2022 05/06/22 Sold $326,000 +5.2% $377 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $309,900 -- $359 / 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 $7,892 $448,400 $225,000 $223,400
2023 $7,605 $448,400 $225,000 $223,400
2022 $5,902 $367,700 $225,000 $142,700
2021 $5,876 $367,700 $225,000 $142,700
2020 $5,505 $250,000 $160,700 $89,300
2019 $5,495 $250,000 $160,700 $89,300
2018 $5,261 $250,000 $160,700 $89,300
2017 $5,108 $250,000 $160,700 $89,300
2016 $5,108 $250,000 $160,700 $89,300
2015 $4,644 $217,100 $138,300 $78,800
2014 $4,514 $217,100 $138,300 $78,800
2013 $4,442 $217,100 $138,300 $78,800
Source: Public Records

Agents Affiliated with this Home

  • Cayley Lord

    Seller's Agent in 2023

    Cayley Lord

    RE/MAX

    (603) 479-0073

    2 in this area

    78 Total Sales

    Cayley Lord
    Section Image
  • Meghan Gadway

    Buyer's Agent in 2023

    Meghan Gadway

    Great Island Realty LLC

    (603) 531-0004

    1 in this area

    25 Total Sales

    Meghan Gadway
    Section Image
  • Christine Carey

    Seller's Agent in 2022

    Christine Carey

    DiPietro Group Real Estate

    (603) 943-0014

    1 in this area

    140 Total Sales

    Christine Carey
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4932235

PrimeMLS

APN: SLEM-000037-004614

New Hampshire Rockingham County Salem 03079 Wheelers Mill

71 Shadow Lake Rd, Salem, NH

This home is located at 71 Shadow Lake Rd, Salem, NH 03079 since 04 October 2022 and is currently estimated at $595,426, approximately $496 per square foot. This property was built in 1955. 71 Shadow Lake Rd is a home located in Rockingham County with nearby schools including North Salem Elementary School, Woodbury School, and Salem High School.

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