NOT LISTED FOR SALE

87 Shadow Lake Rd Salem, NH 03079

Wheelers Mill Neighborhood

Estimated Value: $684,000 - $739,000

2 Beds
2.5 Baths
1,570 Sq Ft
$456/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $415,000 $264 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,503/month

297 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Boat Slip
  • Lake View
  • Private Dock
  • Newly Remodeled
  • Deck

About This Home

As of January 2018

Buyer assumes septic maintenance agreement with AOS (Advanced Onsite Solutions). Buyer to pay betterment fees (amount to be determined).

Last Agent to Sell the Property

Christine Garabedian

Garabedian Group LLC License #067185 Listed on: 02/06/2017

Last Buyer's Agent

Stephanie Lucas

Keller Williams Gateway Realty/Salem License #070715

Keller Williams Gateway Realty/Salem

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • 120 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Lot Sloped Up

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,570 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Lake Views
  • Laundry on upper level

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Walk-Out Basement
  • Connecting Stairway

Outdoor Features

  • Access To Lake
  • Property is near a lake
  • Boat Slip
  • Private Dock
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 4623 / 4623
  • 20% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,462

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Detached, Walkout Lower Level
  • Directions: Route 28 to Shadow Lake Road, house is on left on Shadow Lake. Or Zion Hill Rd to Shadow Lake Road.
  • Flood Zone: Yes
  • Construction: New Construction
  • Total Stories: 3
  • Price Per Sq Ft: 264.33
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 2017
  • Remarks Public: Looking for a new construction home with gorgeous lake views? Look no further than this 1,570sf home right on Shadow Lake with 120' wide private beach and private dock. Sit back and enjoy the view throughout the first floor in this large open floor plan with oversized windows or on the cantilevered back deck. Hardwood throughout entire first floor, 8' high ceilings throughout. Large master suite with walk in tile shower and walk in closet, and one additional bedroom and office/den and laundry all on the second floor. The perfect property to get away or live in all year round! Scenic and serene yet conveniently located near shopping and all major highways. Still time to choose all your finishes, upgrades and options!
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Features Interior: Living/Dining, Natural Light, Laundry - 2nd Floor
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Stairs - Interior
  • Sq Ft - Apx Finished AG: 1570
  • Sq Ft - Apx Total: 1570
  • Sq Ft - Apx Total Finished: 1570

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Boat Slip/Dock, Deck, Private Dock, ROW to Water
  • Water Body Access: Yes
  • Water Body Name: Shadow Lake
  • Water Body Type: Lake
  • Water Frontage Length: 120
  • Water Access Details: Right of Way
  • Water Body Access: Owned
  • Waterfront: Yes
  • Water View: Yes

Utilities

  • Electric: 200 Amp
  • Sewer: 1500+ Gallon, Septic
  • Water: Drilled Well, Private
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air
  • Cooling: Central AC

Lot Info

  • Map: 37
  • Lot: 4623
  • Lot Sq Ft: 6098
  • Lot Acres: 0.14
  • Lot Description: Lake Access, Lake Frontage, Lake View, Lakes, Landscaped, Water View, Waterfront
  • Surveyed: Yes
  • Zoning: Residential
  • Deed Book: 5470
  • Deed Page: 2469
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Rate: 20.43
  • Tax Gross Amount: 2462
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Dec 29, 2017
Sold by
Allen Robert L
Bought by
Corry-Conway Jennifer
Seller's Agent
Christine Garabedian
Garabedian Group LLC
Buyer's Agent
Stephanie Lucas
Keller Williams Gateway Realty/Salem
List Price
$434,900
Sold Price
$415,000
Premium/Discount to List
-$19,900
-4.58%
Current Estimated Value
$716,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,009
Avg. Annual Appreciation
7.44%
Original Mortgage
$332,000
Outstanding Balance
$283,473
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$438,454

Purchase Details

Listed on
Feb 6, 2017
Closed on
Dec 28, 2017
Sold by
Souther Wendy J
Bought by
Delvin Neal A
Seller's Agent
Christine Garabedian
Garabedian Group LLC
Buyer's Agent
Stephanie Lucas
Keller Williams Gateway Realty/Salem
List Price
$434,900
Sold Price
$415,000
Premium/Discount to List
-$19,900
-4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$283,473
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$438,454

Purchase Details

Listed on
Oct 12, 2015
Closed on
Aug 8, 2016
Sold by
Merritt Bruce
Bought by
Allen Robert L
Seller's Agent
Charlotte Gassman
Team Gassman Real Estate LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$139,900
Sold Price
$123,500
Premium/Discount to List
-$16,400
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.40%
Original Mortgage
$255,175
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1999
Sold by
Hedayat Est Zekrollah
Bought by
Merritt Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
7.9%
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
Corry-Conway Jennifer $415,000 --
Delvin Neal A $189,933 --
Allen Robert L $123,533 --
Merritt Bruce $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delvin Neal A $332,000
Previous Owner Allen Robert L $255,175
Previous Owner Merritt Bruce $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2018 01/08/18 Sold $415,000 -4.5% $264 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $434,500 -0.1% $277 / Sq Ft
02/06/2017 02/06/17 For Sale $434,900 +252.1% $277 / Sq Ft
08/05/2016 08/05/16 Sold $123,500 0.0% $130 / Sq Ft
08/05/2016 08/05/16 Sold $123,500 -11.7% $130 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/24/2016 06/24/16 Pending -- -- --
10/12/2015 10/12/15 For Sale $139,900 0.0% $147 / Sq Ft
06/03/2015 06/03/15 For Sale $139,900 -- $147 / 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 $8,649 $491,400 $176,800 $314,600
2023 $8,334 $491,400 $176,800 $314,600
2022 $7,887 $491,400 $176,800 $314,600
2021 $7,853 $491,400 $176,800 $314,600
2020 $7,652 $347,500 $126,300 $221,200
2019 $7,638 $347,500 $126,300 $221,200
2018 $7,509 $347,500 $126,300 $221,200
2017 $4,399 $211,100 $126,300 $84,800
2016 $2,462 $120,500 $88,400 $32,100
2015 $2,398 $112,100 $86,000 $26,100
2014 $2,435 $117,100 $86,000 $31,100
2013 $2,396 $117,100 $86,000 $31,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Christine Garabedian

    Garabedian Group LLC

    Section Image

  • S

    Buyer's Agent in 2018

    Stephanie Lucas

    Keller Williams Gateway Realty/Salem

    (603) 275-6150

    18 Total Sales

    Stephanie Lucas
    Section Image

  • C

    Seller's Agent in 2016

    Charlotte Gassman

    Team Gassman Real Estate LLC

    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    Non Member Office

See All Agents

Map

Source: PrimeMLS

MLS Number: 4617039

PrimeMLS

APN: SLEM-000037-004623

New Hampshire Rockingham County Salem 03079 Wheelers Mill

87 Shadow Lake Rd, Salem, NH

This home is located at 87 Shadow Lake Rd, Salem, NH 03079 since 06 February 2017 and is currently estimated at $716,009, approximately $456 per square foot. This property was built in 2017. 87 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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