NOT LISTED FOR SALE

8 Lawrence Rd Salem, NH 03079

Salem Center Neighborhood

Estimated Value: $543,412 - $670,000

4 Beds
2 Baths
2,238 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $325,000 $145 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,963/month

46 Days on Market

Highlights

  • Deck
  • Hot Water Heating System
  • Level Lot
  • Wood Flooring
  • High Speed Internet

About This Home

As of April 2018

Fully Rented 2 - 2 Bedroom units in a convenient location close to shopping, schools and the highway. Unit 1 is a month to month tenancy and Unit 2 is yearly. Live in the lower level and have the upper help pay the mortgage. Interior and Exterior Fully Rehabbed 3 years ago. Deleaded Certificate Available. Great Opportunity to live close to shopping, Schools and Highways. Agents please review non public remarks

Last Agent to Sell the Property

Paul Cote

BHHS Verani Windham Brokerage Phone: 603-893-7999 License #059424 Listed on: 02/11/2018

BHHS Verani Windham

Last Buyer's Agent

Dolly Chasse

Coldwell Banker Realty Haverhill MA License #056965

Coldwell Banker Realty Haverhill MA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,605

Year Built

  • Built in 1865

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • Converted Dwelling
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,238 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • 110 Car Parking Spaces
  • Paved Parking
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Deck

Schools

  • Haigh Elementary School
  • Woodbury Middle School
  • Salem High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Separate Meters
  • Electric Water Heater
  • Septic Tank
  • Leach Field
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block 1546
  • 21% Total Tax Rate

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Gas Meter
  • Gross Income $30,000
  • Net Operating Income $22,178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,605

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Directions: North Main St. to Left on Lawrence Road.
  • Flood Zone: Unknown
  • Footprint: irreg.
  • Assessment Amount: 269000
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 145.22
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2238
  • Sq Ft - Apx Total Finished: 2238
  • Year Built: 1865
  • Remarks Public: Fully Rented 2 - 2 Bedroom units in a convenient location close to shopping, schools and the highway. Unit 1 is a month to month tenancy and Unit 2 is yearly. Live in the lower level and have the upper help pay the mortgage. Interior and Exterior Fully Rehabbed 3 years ago. Deleaded Certificate Available. Great Opportunity to live close to shopping, Schools and Highways. Agents please review non public remarks
  • List Agent: 6235
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Full, Stairs - Interior, Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 2238

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Deck

Garage/Parking

  • Parking: Off Street, Parking Spaces 1 - 10, Paved, Unassigned

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Leach Field, Septic
  • Water: Public
  • Water Heater: Electric, Separate
  • Heating Fuel: Gas - Natural, Oil
  • Heating: Hot Air, Hot Water
  • Cooling: Central AC
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 1
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable, Internet - Cable

Schools

  • School District: Salem
  • Elementary School: Haigh Elementary School
  • Middle School: Woodbury School
  • High School: Salem High School
  • Elementary School: Haigh Elementary School
  • High School: Salem High School

Lot Info

  • Map: 84
  • Lot Sq Ft: 10454
  • Lot Acres: 0.24
  • Lot Description: City Lot, Level
  • Zoning: RES
  • Deed Book: 5582
  • Deed Page: 0764
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 30000
  • Net Income: 22178
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Rate: 20.84
  • Tax Gross Amount: 5605
  • Tax Year: 2017

MLS Schools

  • School District: Salem
  • School Middle Jr: Woodbury School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2018
Closed on
Apr 27, 2018
Sold by
Smith Richard J
Bought by
Gordon Joseph A
Seller's Agent
Paul Cote
BHHS Verani Windham
Buyer's Agent
Dolly Chasse
Coldwell Banker Realty Haverhill MA
List Price
$339,900
Sold Price
$325,000
Premium/Discount to List
-$14,900
-4.38%
Total Days on Market
46
Current Estimated Value
$608,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,853
Avg. Annual Appreciation
8.12%
Original Mortgage
$308,750
Interest Rate
4.44%

Purchase Details

Closed on
Dec 15, 2014
Sold by
Moussa Najwa J
Bought by
Smith Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
3.84%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Range of Values:

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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
Gordon Joseph A $325,000 --
Smith Richard J $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Joseph A $307,000
Closed Gordon Joseph A $308,750
Previous Owner Smith Richard J $186,000
Previous Owner Mooussa Najwa J $104,000
Previous Owner Mooussa Najwa J $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $325,000 -4.4% $145 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
02/11/2018 02/11/18 For Sale $339,900 -- $152 / 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 $6,542 $371,700 $131,400 $240,300
2023 $6,304 $371,700 $131,400 $240,300
2022 $5,966 $371,700 $131,400 $240,300
2021 $5,940 $371,700 $131,400 $240,300
2020 $5,923 $269,000 $93,900 $175,100
2019 $5,913 $269,000 $93,900 $175,100
2018 $5,813 $269,000 $93,900 $175,100
2017 $5,606 $269,000 $93,900 $175,100
2016 $5,496 $269,000 $93,900 $175,100
2015 $4,975 $232,600 $98,800 $133,800
2014 $5,015 $241,200 $98,800 $142,400
2013 $4,012 $196,100 $98,800 $97,300
Source: Public Records

Agents Affiliated with this Home

  • Paul Cote

    Seller's Agent in 2018

    Paul Cote

    BHHS Verani Windham

    (603) 434-2377

    Section Image
  • Dolly Chasse

    Buyer's Agent in 2018

    Dolly Chasse

    Coldwell Banker Realty Haverhill MA

    (978) 869-5923

    1 in this area

    61 Total Sales

    Dolly Chasse
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4676350

PrimeMLS

APN: SLEM-000084-001546

New Hampshire Rockingham County Salem 03079 Salem Center

8 Lawrence Rd, Salem, NH

This home is located at 8 Lawrence Rd, Salem, NH 03079 since 11 February 2018 and is currently estimated at $608,853, approximately $272 per square foot. This property was built in 1865. 8 Lawrence Rd is a home located in Rockingham County with nearby schools including William T. Barron Elementary School, Woodbury School, and Salem High School.

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