NOT LISTED FOR SALE

75 Shadow Lake Rd Salem, NH 03079

Wheelers Mill Neighborhood

Estimated Value: $532,000 - $581,000

2 Beds
1 Bath
1,304 Sq Ft
$427/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $346,000 $265 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,453/month

3 Days on Market

Highlights

  • Waterfront
  • Cottage
  • Tankless Water Heater

About This Home

As of June 2020

Waterfront !! Year Round on Shadow Lake !! Completely Remodeled Inside and Out !! Just minutes to Rt 93, Boston Express Bus Terminal, Rail Trail, New Tuscan Village, and across the street from the State Forest where you can hike the 3 mile trail, then come home to swim, kayak and fish. This home has a 1st floor large eat-in kitchen, spacious open living room with wide open water views, hardwood, good size bonus room, bath with a front loader washer, dryer, and a wood stove hookup. The 2nd floor is a huge master bedroom with beautiful water views, walk-in closet and 2nd bedroom. The outside has a blower to clean the lake bottom, a beautiful huge private dock, patio, yard, custom shed, rock wall and granite stairs make this the perfect home/vacation location for your summer enjoyment ! Property Disclosure indicates last minute details that will be finished by closing

Last Agent to Sell the Property

Dawn Valentino

BHHS Verani Salem License #071164 Listed on: 05/15/2020

BHHS Verani Salem

Last Buyer's Agent

Kathy Snyder

Monument Realty License #056282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,305

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Waterfront
  • Lot Sloped Up
  • Property is zoned REC

Parking

  • Paved Parking

Home Design

  • Cottage
  • Converted Dwelling
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 1,304 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Gas
  • 100 Amp Service
  • Private Water Source
  • Shared Water Source
  • Tankless Water Heater
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • Private Sewer
  • Sewer Holding Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4617

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,305

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion, Cottage/Camp
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 265.34
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1955
  • List Agent: 27259
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Level 1: Level 1: Bonus Room, Level 1: Bath - Full, Level 1: Kitchen - Eat-in, Level 1: Living Room, Level 1: Sunroom
  • Level 2: Level 2: Bedroom, Level 2: Primary Bedroom
  • Room 1: Kitchen - Eat-in, On Level: 1
  • Room 2: Bonus Room, On Level: 1
  • Room 3: Living Room, On Level: 1
  • Room 4: Sunroom, On Level: 1
  • Room 5: 1
  • Room 6: Primary Bedroom, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Sq Ft - Apx Finished AG: 1304
  • Sq Ft - Apx Total: 1304
  • Sq Ft - Apx Total Finished: 1304

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane, Shingle

Utilities

  • Electric: 100 Amp
  • Sewer: 1500+ Gallon, Holding Tank, Private
  • Water: Private, Shared
  • Water Heater: Gas - LP/Bottle, Tankless
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Hot Air
  • Cooling: Central AC
  • Utilities: Cable - At Site, Gas - Lp/Bottle

Lot Info

  • Map: 37
  • Lot: 4617
  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: Waterfront
  • Surveyed: Unknown
  • Zoning: REC
  • Deed Book: 5830
  • Deed Page: 1818
  • Deed Recorded Type: Limited Warranty Deed

Tax Info

  • Tax Gross Amount: 5305
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 30, 2020
Sold by
Mor James M
Bought by
Gibbons Grace A
Seller's Agent
Dawn Valentino
BHHS Verani Salem
Buyer's Agent
Kathy Snyder
Monument Realty
List Price
$335,000
Sold Price
$346,000
Premium/Discount to List
$11,000
3.28%
Current Estimated Value
$556,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,772
Avg. Annual Appreciation
9.14%
Original Mortgage
$276,800
Outstanding Balance
$245,903
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$310,869

Purchase Details

Listed on
May 17, 2017
Closed on
Jun 27, 2017
Sold by
Morton John W
Bought by
Mor James M
Seller's Agent
Michelle D'aoust
BHHS Verani Seacoast
Buyer's Agent
Michael Greene
Real Estate NOW, llc
List Price
$215,000
Sold Price
$226,000
Premium/Discount to List
$11,000
5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%
Original Mortgage
$201,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
Moore Courtney D and Moore Lisa
Bought by
Morton John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
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
Gibbons Grace A $346,000 None Available
Mor James M $226,000 --
Morton John W $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons Grace A $276,800
Previous Owner Mor James M $201,000
Previous Owner Morton John W $105,000
Previous Owner Morton John W $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $346,000 +3.3% $265 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $335,000 +48.2% $257 / Sq Ft
06/23/2017 06/23/17 Sold $226,000 +5.1% $173 / Sq Ft View Prior Sale
05/19/2017 05/19/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $215,000 -- $165 / 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 $6,391 $363,100 $187,100 $176,000
2023 $6,158 $363,100 $187,100 $176,000
2022 $5,828 $363,100 $187,100 $176,000
2021 $5,802 $363,100 $187,100 $176,000
2020 $5,406 $245,500 $133,700 $111,800
2019 $5,396 $245,500 $133,700 $111,800
2018 $5,305 $245,500 $133,700 $111,800
2017 $5,116 $245,500 $133,700 $111,800
2016 $5,016 $245,500 $133,700 $111,800
2015 $4,233 $197,900 $117,000 $80,900
2014 $4,114 $197,900 $117,000 $80,900
2013 $4,049 $197,900 $117,000 $80,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dawn Valentino

    BHHS Verani Salem

    (978) 609-6566

    2 in this area

    36 Total Sales

    Dawn Valentino
    Section Image
  • Kathy Snyder

    Buyer's Agent in 2020

    Kathy Snyder

    Monument Realty

    (603) 557-8599

    221 Total Sales

    Kathy Snyder
    Section Image
  • Michelle D'aoust

    Seller's Agent in 2017

    Michelle D'aoust

    BHHS Verani Seacoast

    (603) 548-4967

    88 Total Sales

    Michelle D'aoust
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Greene

    Real Estate NOW, llc

    (978) 314-0591

    1 in this area

    39 Total Sales

    Michael Greene
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4805563

PrimeMLS

APN: SLEM-000037-004617

New Hampshire Rockingham County Salem 03079 Wheelers Mill

75 Shadow Lake Rd, Salem, NH

Not Listed for Sale

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