Seller's Agent in 2017
Christopher Kelly
RE/MAX Innovative Bayside
(603) 677-7022
95 in this area
250 Total Sales
76 Meredith Neck Rd Meredith, NH 03253
Estimated Value: $514,307 - $1,053,000
5
Beds
3
Baths
4,297
Sq Ft
$163/Sq Ft
Est. Value
Highlights
- Barn
- Colonial Architecture
- Wooded Lot
- 2.03 Acre Lot
- Countryside Views
- Wood Flooring
About This Home
As of October 2017Meredith, NH 03253- I believe this purchase would make for a really good investment however I am not buying it. Please look at the income, then the expenses and see if this makes sense to you. If it does, let’s have you look at this property so you can make an offer that will work for both you and the seller. As you can see, the asking price makes this very attractive. So what is it? 76 Meredith Neck Road is a beautiful Colonial style New Englander that offers 3 apartments, a storage space for the apartments and a large barn all on 2 acres of land in a very attractive location in Meredith. The income is strong and having managed these units, there is very little vacancy. Plenty of parking lot to be shared with all and the landscaping is well cared for, simple yet effective. Two of the three tenants have been in there apartments here for many years and love the amenities, larger lot, woods, place for a garden, the look and feel of NE, etc. All tenants are on a lease. There is a brand new roof as of June 2017. There is a brand new heating system for units 1 & 2. The furnace for #3 is “newer” and in great shape. There are 3 newer water heaters for the separate units. The tenants pay their own electric/hot water and the owner pays for the oil heat. There is a private drilled well and septic system. You may need to change and or paint some trim but all the other major systems are in great shape. Happy to give a tour to those ready, willing and able to invest today
Last Agent to Sell the Property
RE/MAX Innovative Bayside License #041942 Listed on: 06/27/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,664
Year Built
- Built in 1850
Lot Details
- 2.03 Acre Lot
- Landscaped
- Level Lot
- Wooded Lot
Home Design
- Colonial Architecture
- New Englander Architecture
- Stone Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 2-Story Property
- Countryside Views
Flooring
- Wood
- Carpet
Unfinished Basement
- Partial Basement
- Interior Basement Entry
- Dirt Floor
Parking
- 1,120 Car Parking Spaces
- Gravel Driveway
- Unpaved Parking
- Off-Street Parking
Schools
- Inter-Lakes Elementary School
- Inter-Lakes Middle School
- Inter-Lakes High School
Farming
- Barn
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Separate Meters
- 200+ Amp Service
- Private Water Source
- Drilled Well
- Electric Water Heater
- Septic Tank
- Private Sewer
- Leach Field
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 18
- 16% Total Tax Rate
Community Details
Overview
- 3 Units
- Bayside Rentals Association, Phone Number (603) 527-8133
Building Details
- Gross Income $37,680
- Net Operating Income $22,755
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 12, 2019
Sold by
Coburn Pamela
Bought by
Pamela J Coburn 2018 T
Current Estimated Value
Purchase Details
Listed on
Jun 27, 2017
Closed on
Oct 16, 2017
Sold by
Little Pine Llc
Bought by
Coburn Pamela
Seller's Agent
Christopher Kelly
RE/MAX Innovative Bayside
Buyer's Agent
Christopher Sittig
KW Coastal and Lakes & Mountains Realty
List Price
$295,000
Sold Price
$255,000
Premium/Discount to List
-$40,000
-13.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%
Purchase Details
Closed on
Dec 28, 2012
Sold by
Kelly Patrick G and Kelly Caroline T
Bought by
Little Pine Llc
Purchase Details
Closed on
Mar 21, 2011
Sold by
Gallivan Charles A and Gallivan Maryann W
Bought by
Kelly Patrick G and Kelly Caroline T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pamela J Coburn 2018 T | -- | -- | |
| Coburn Pamela | $255,000 | -- | |
| Coburn Pamela | $255,000 | -- | |
| Little Pine Llc | $150,000 | -- | |
| Little Pine Llc | $150,000 | -- | |
| Kelly Patrick G | $244,700 | -- | |
| Kelly Patrick G | $244,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kelly Patrick G | $178,500 | |
| Previous Owner | Gallivan Charles A | $65,500 | |
| Closed | Kelly Patrick G | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2017 10/13/17 | Sold | $255,000 | +21150.0% | $59 / Sq Ft |
| 09/20/2017 09/20/17 | Pending | -- | -- | -- |
| 07/03/2017 07/03/17 | Rented | $1,200 | 0.0% | -- |
| 06/27/2017 06/27/17 | For Sale | $295,000 | 0.0% | $69 / Sq Ft |
| 06/08/2017 06/08/17 | Under Contract | -- | -- | -- |
| 06/01/2017 06/01/17 | For Rent | $1,200 | -- | -- |
Source: PrimeMLS
Tax History Compared to Growth
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 | $4,656 | $453,800 | $189,600 | $264,200 |
| 2023 | $4,488 | $453,800 | $189,600 | $264,200 |
| 2022 | $4,251 | $304,300 | $89,100 | $215,200 |
| 2021 | $4,044 | $301,100 | $89,100 | $212,000 |
| 2020 | $4,221 | $301,100 | $89,100 | $212,000 |
| 2019 | $4,119 | $259,200 | $72,300 | $186,900 |
| 2018 | $4,049 | $259,200 | $72,300 | $186,900 |
| 2016 | $3,648 | $234,000 | $70,200 | $163,800 |
| 2015 | $3,557 | $234,000 | $70,200 | $163,800 |
| 2014 | $3,470 | $234,000 | $70,200 | $163,800 |
| 2013 | $3,372 | $234,000 | $70,200 | $163,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Seller's Agent in 2017
Rob Beaudet
Vacasa New Hampshire LLC
-
C
Buyer's Agent in 2017
Christopher Sittig
KW Coastal and Lakes & Mountains Realty
(603) 496-5969
46 Total Sales
-
K
Buyer's Agent in 2017
Kim Gauthier
Clear Lakes Properties Llc
Map
Source: PrimeMLS
MLS Number: 4643787
APN: MERE-000011S-000018
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