NOT LISTED FOR SALE

87 Lake Shore Rd Salem, NH 03079

Estimated Value: $1,007,000 - $1,610,127

0.47 Acre
$2,916,026 Price per Acre
20,473 Sq Ft Lot

Last Sold July 14, 2017

Last sale price $339,900 $151 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $8,925/month

14 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat or Launch Ramp
  • Lake View

About This Lot

As of July 2017

If you have always dreamed of owning lake front property - Here is your chance! You will be hard pressed to find land with 100' of private water frontage on highly sought after Canobie Lake! This nearly half acre lot offers waterfront living, stellar views, private dock rights, town water, & sewer! Take advantage of renovating the existing year-round bungalow built in 1900 or build your dream home (or possibly two cottages with town approval)! This property also has shed with electricity, a paved driveway that can park 6+ vehicles, and splits at the bottom with boat launch access into the lake. Minutes to Exit 2 off 93, restaurants, recreation, & tax-free shopping, and a fireworks show that can be watched from deck most Saturday nights all summer courtesy of Canobie Lake Amusement Park! Come enjoy the best of lake life! Home sold AS IS. Needs full updating or demo'd for new construction. May not qualify for FHA. Contents negotiable.

Last Agent to Sell the Property

Maria Erna

McGinn & Associates Realty, LLC License #070001 Listed on: 05/26/2017

Last Buyer's Agent

Tina Habeeb

Royal Country Homes Inc. License #005502

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,434

Lot Details

  • 0.47 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Lot Sloped Up

Outdoor Features

  • Access To Lake
  • Boat or Launch Ramp

Additional Features

  • Lake Views
  • 100 Amp Service

Listing and Financial Details

  • Tax Lot 4881

Property Details

Property Type

Land

Est. Annual Taxes

$5,434

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Brookdale to Lake Shore.
  • Flood Zone: Unknown
  • Assessment Amount: 266000
  • Assessment Year: 2016
  • Resort: Unknown
  • Price Per Sq Ft: 723191.49
  • Property Class: Land
  • Remarks Public: If you have always dreamed of owning lake front property - Here is your chance! You will be hard pressed to find land with 100' of private water frontage on highly sought after Canobie Lake! This nearly half acre lot offers waterfront living, stellar views, private dock rights, town water, & sewer! Take advantage of renovating the existing year-round bungalow built in 1900 or build your dream home (or possibly two cottages with town approval)! This property also has shed with electricity, a paved driveway that can park 6+ vehicles, and splits at the bottom with boat launch access into the lake. Minutes to Exit 2 off 93, restaurants, recreation, & tax-free shopping, and a fireworks show that can be watched from deck most Saturday nights all summer courtesy of Canobie Lake Amusement Park! Come enjoy the best of lake life! Home sold AS IS. Needs full updating or demo'd for new construction. May not qualify for FHA. Contents negotiable.
  • List Agent: 19443
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved
  • Easements: Unknown
  • Features Exterior: Boat Launch
  • Water Body Access: Owned
  • Water Body Name: Canobie
  • Water Body Type: Lake
  • Water Frontage Length: 100
  • Waterfront: Yes
  • Water Body Access 2: Yes

Utilities

  • Electric: 100 Amp
  • Sewer: Public Sewer On-Site
  • Water: Public Water - On-Site

Lot Info

  • Map: 70
  • Lot: 4881
  • Lot Sq Ft: 20473
  • Current Use: Unknown
  • Lot Acres: 0.47
  • Lot Description: Lake Access, Lake Frontage, Lake View, Waterfront
  • Zoning: RES
  • Deed Book: 5242
  • Deed Page: 0349
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 2016
  • Tax Gross Amount: 5434
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 14, 2017
Sold by
Odwyer Shawn M
Bought by
Pellegrino Anthony J and Pellegrino Susan B
Seller's Agent
Maria Erna
McGinn & Associates Realty, LLC
Buyer's Agent
Tina Habeeb
Royal Country Homes Inc.
List Price
$339,900
Sold Price
$339,900
Current Estimated Value
$1,370,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,030,632
Avg. Annual Appreciation
18.61%

Purchase Details

Closed on
Sep 7, 2011
Sold by
Arnold Gary N and Partlow Wlliam H
Bought by
Odwyer Shawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pellegrino Anthony J $339,900 --
Odwyer Shawn M $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odwyer Shawn M $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $339,900 0.0% $151 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $339,900 -- $151 / 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 $19,474 $1,106,500 $349,500 $757,000
2023 $13,924 $821,000 $349,500 $471,500
2022 $8,089 $504,000 $349,500 $154,500
2021 $6,349 $397,300 $349,500 $47,800
2020 $5,857 $266,000 $249,700 $16,300
2019 $5,724 $260,400 $249,700 $10,700
2018 $5,748 $266,000 $249,700 $16,300
2017 $5,543 $266,000 $249,700 $16,300
2016 $5,434 $266,000 $249,700 $16,300
2015 $5,279 $246,800 $208,500 $38,300
2014 $5,131 $246,800 $208,500 $38,300
2013 $5,050 $246,800 $208,500 $38,300
Source: Public Records

Agents Affiliated with this Home

  • Maria Erna

    Seller's Agent in 2017

    Maria Erna

    McGinn & Associates Realty, LLC

    (404) 275-5290

    19 Total Sales

    Maria Erna
    Section Image
  • Tina Habeeb

    Buyer's Agent in 2017

    Tina Habeeb

    Royal Country Homes Inc.

    (978) 618-3707

    27 Total Sales

    Tina Habeeb
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4637349

PrimeMLS

APN: SLEM-000070-004481

New Hampshire Rockingham County Salem 03079

87 Lake Shore Rd, Salem, NH

This home is located at 87 Lake Shore Rd, Salem, NH 03079 since 26 May 2017 and is currently estimated at $1,370,532, approximately $610 per square foot. 87 Lake Shore Rd is a home located in Rockingham County with nearby schools including Mary A. Fisk Elementary School, Woodbury School, and Salem High School.

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