NOT LISTED FOR SALE

76 Meredith Neck Rd Meredith, NH 03253

Meredith Area

Estimated Value: $522,118 - $722,000

5 Beds
3 Baths
4,297 Sq Ft
$145/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2017

Last sale price $255,000 $59 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $3,773 / mo

85 Days on Market

Highlights

  • Barn
  • Colonial Architecture
  • Wooded Lot
  • 2.03 Acre Lot
  • Countryside Views
  • Wood Flooring

About This Home

As of October 2017

Meredith, 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

Christopher Kelly

RE/MAX Innovative Bayside License #041942 Listed on: 06/27/2017

RE/MAX Innovative Bayside

Last Buyer's Agent

Christopher Sittig

KW Coastal and Lakes & Mountains Realty License #070797

KW Coastal and Lakes & Mountains Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,664

Year Built

Built in 1850

Lot Details

2.03 Acres

Listing Details

  • Status Detail: Closed
  • Style: Colonial, New Englander
  • Directions: Rte. 25 to Pleasant Street to Meredith Neck Road to the home on left just past Blueberry Hill, #76.
  • Flood Zone: Unknown
  • Assessment Amount: 235000
  • Assessment Year: 2016
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 59.34
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5242
  • Sq Ft - Apx Total Finished: 4297
  • Year Built: 1850
  • List Agent: 9195
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Wood
  • Total Rooms Above Ground: 14
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Partial, Unfinished
  • Sq Ft - Apx Finished AG: 4297
  • Sq Ft - Apx Unfinished AG: 225
  • Sq Ft - Apx Unfinished BG: 720

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Granite, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural
  • Easements: Unknown
  • Features Exterior: Barn

Garage/Parking

  • Parking: Off Street, Parking Spaces 11 - 20, Unpaved

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: 1000 Gallon, Concrete, Leach Field - Existing, Private, Septic
  • Water: Drilled Well, Private
  • Water Heater: Electric, Tank
  • Heating Fuel: Oil
  • Heating: Forced Air, Hot Air
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Heat Units: 2
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Cans
  • Utilities: Cable - Available, Dsl - Available, Telephone Available

Condo/Co-op/Association

  • Mgmt Co Phone: 603-527-8133
  • Management Company: Bayside Rentals

Schools

  • Elementary School: Inter-Lakes Elementary
  • High School: Inter-Lakes High School

Lot Info

  • Map: S-11
  • Lot: 18
  • Lot Sq Ft: 88427
  • Lot Acres: 2.03
  • Lot Description: Country Setting, Landscaped, Level, Wooded
  • Surveyed: Unknown
  • Zoning: Meredith Neck
  • Deed Book: 2821
  • Deed Page: 327
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 37680
  • Net Income: 22755
  • Sale Includes: Barn, Land/Building
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Rate: 15.59
  • Tax Gross Amount: 3663.65
  • Tax Year: 2016

MLS Schools

  • School District: Inter-Lakes Coop Sch Dst
  • School Middle Jr: Inter-Lakes Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2019
Sold by
Bought by
Current Estimated Value
$624,280

Purchase Details

Listed on
Jun 27, 2017
Closed on
Oct 16, 2017
Sold by
Bought by
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
10.76%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 2011
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$255,000 --
$150,000 --
$244,700 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $65,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,819 $453,800 $189,600 $264,200
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

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Map

Source: PrimeMLS

MLS Number: 4643787

PrimeMLS

APN: MERE-000011S-000018

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