NOT LISTED FOR SALE

86 Shadow Lake Rd Salem, NH 03079

Wheelers Mill Neighborhood

Estimated Value: $646,702

0.23 Acre
$2,811,748 Price per Acre
10,019 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $31,400

Est. 1,960% increase in value since last sale

Current estimated payment $3,639/month

7 Days on Market

Highlights

  • Community Beach Access
  • Community Boat Launch
  • Lake View
  • Access To Lake
  • Access to a Dock
  • Level Lot

About This Lot

As of November 2023

Multiple possibilities exist for this unique 2-lot opportunity across the street from Shadow Lake! Renovate the existing property that needs a total rehab, or tear it down and build your own 2-story lake dream home on the same 24' x47' footprint. 88 Shadow Lake Road is a 4792sf pre-existing non-conforming lot. If the existing dwelling is removed, a new home can be built in the exact same footprint within one year of demolition, without obtaining a variance. 86 Shadow Lake Road is a 4792sf contiguous un-developable lot that will convey with the property and provides plenty of yard space for outdoor entertaining, or potential additional outdoor structure. The combined lot size is just under 10,000sf. Explore the possibility of building on 88 Shadow Lake Road, and getting the necessary variances to build on 86 Shadow Lake Road as a separate lot... Buyers and their agents to do their own due diligence to confirm potential use of the land. OFFER DEADLINE is Sunday 10/15 at 5PM. Sellers will reply by Monday 10/16 at 5PM.

Last Agent to Sell the Property

Kevin McRobbie

Leading Edge Real Estate License #116534 Listed on: 10/10/2023

Last Buyer's Agent

Mary Thomas

Century 21 North East License #050570

Century 21 North East

Property Details

Property Type

  • Land

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • 2 Lots in the community
  • Property is zoned REC

Property Views

  • Lake Views

Utilities

  • 220 Volts
  • Drilled Well
  • Private Sewer
  • Cable TV Available

Community Details

  • Community Boat Launch
  • Community Beach Access
  • Access To Lake
  • Shared Private Water Access
  • Property is near a lake
  • Water Access Across The Street
  • Access to a Dock

Listing and Financial Details

  • Tax Block 4628

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Route 28 to Shadow Lake Road
  • Flood Zone: Unknown
  • Assessment Amount: 287100
  • Assessment Year: 2022
  • Price Per Sq Ft: 136521.74
  • Property Class: Land
  • Remarks Public: Multiple possibilities exist for this unique 2-lot opportunity across the street from Shadow Lake! Renovate the existing property that needs a total rehab, or tear it down and build your own 2-story lake dream home on the same 24' x47' footprint. 88 Shadow Lake Road is a 4792sf pre-existing non-conforming lot. If the existing dwelling is removed, a new home can be built in the exact same footprint within one year of demolition, without obtaining a variance. 86 Shadow Lake Road is a 4792sf contiguous un-developable lot that will convey with the property and provides plenty of yard space for outdoor entertaining, or potential additional outdoor structure. The combined lot size is just under 10,000sf. Explore the possibility of building on 88 Shadow Lake Road, and getting the necessary variances to build on 86 Shadow Lake Road as a separate lot... Buyers and their agents to do their own due diligence to confirm potential use of the land. OFFER DEADLINE is Sunday 10/15 at 5PM. Sellers will reply by Monday 10/16 at 5PM.
  • List Agent: 19496
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Public
  • Easements: Unknown
  • Water Body Type: Lake
  • Water Restrictions: Unknown
  • Shore Rights: Community, Lake Access
  • Water Access Details: Beach Access, Cross a Street to Access, Dock Access, Shared-Private
  • Water Body Name 2: Shadow Lake
  • Water View: Yes
  • Water Body Access 2: Yes

Utilities

  • Electric: 220 Volt
  • Sewer: Private
  • Water: Drilled Well
  • Utilities: Cable

Condo/Co-op/Association

  • Association Amenities: Beach Access, Beach Rights, Boat Launch

Lot Info

  • Map: 37
  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: Lake Access, Lake View, Lakes, Level, View, Water View
  • Zoning: REC
  • Total Lots: 2
  • Deed Book: 2405
  • Deed Page: 1682
  • Deed Recorded Type: Quit Claim

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 4608
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Liv Homes Rt and Kenney
Bought by
Miele Jessica J
Total Days on Market
7
Current Estimated Value
$646,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$199,837
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$446,865

Purchase Details

Closed on
Jan 20, 1982
Bought by
Simpson Luke E and Simpson Helen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Miele Jessica J $659,933 None Available
Miele Jessica J $659,933 None Available
Simpson Luke E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miele Jessica J $200,000
Closed Miele Jessica J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $31,400 -85.7% --
10/17/2023 10/17/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $219,900 -- --
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 $102 $5,800 $5,800 $0
2023 $98 $5,800 $5,800 $0
2022 $93 $5,800 $5,800 $0
2021 $93 $5,800 $5,800 $0
2020 $90 $4,100 $4,100 $0
2019 $90 $4,100 $4,100 $0
2018 $89 $4,100 $4,100 $0
2017 $85 $4,100 $4,100 $0
2016 $84 $4,100 $4,100 $0
2015 $92 $4,300 $4,300 $0
2014 $89 $4,300 $4,300 $0
2013 $88 $4,300 $4,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin McRobbie

    Seller's Agent in 2023

    Kevin McRobbie

    Leading Edge Real Estate

    (978) 376-8093

    3 in this area

    39 Total Sales

    Kevin McRobbie
    Section Image

  • M

    Buyer's Agent in 2023

    Mary Thomas

    Century 21 North East

    (603) 490-8447

    3 in this area

    16 Total Sales

    Mary Thomas
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4973582

PrimeMLS

APN: SLEM-000037-004629

New Hampshire Rockingham County Salem 03079 Wheelers Mill

86 Shadow Lake Rd, Salem, NH

This home is located at 86 Shadow Lake Rd, Salem, NH 03079 since 10 October 2023 and is currently estimated at $646,702. 86 Shadow Lake Rd is a home located in Rockingham County with nearby schools including North Salem Elementary School, Woodbury School, and Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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