NOT LISTED FOR SALE

97 Bear Island Meredith, NH 03253

Estimated Value: $777,000 - $889,000

2 Beds
1 Bath
1,245 Sq Ft
$654/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $165,000 $133 Per Sq Ft

Est. 394% increase in value since last sale

Current estimated payment $5,105/month

67 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Spa
  • Softwood Flooring
  • Boat Slip
  • Deck
  • Cottage

About This Home

As of May 2013

Not only can you buy your own spot on Lake Winnipesaukee for only $169,900! It is priced $100,000 under its assessed value! It's unheard of; but it's true and at a price like this you can tell the seller is motivated. Located on the east side of Bear Island in a quiet protected cove. You can choose to fix up this unique cottage or use the .43 acres of land to build your own brand new retreat. The huge deck and dock that can handle 5 or 6 boats are features that cannot be duplicated under today's regulations. This is truly a private sanctuary for the next owner to make all their own. Easy to get to and located in the desirable low tax town of Meredith.

Last Agent to Sell the Property

John Goodhue

Roche Realty Group License #033744 Listed on: 02/08/2013

Last Buyer's Agent

Jason Starr

Starr Realty License #054705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1950

Lot Details

  • 0.43 Acre Lot
  • 100 Feet of Waterfront
  • Level Lot
  • Property is zoned Is. Res.

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shake Roof
  • Shingle Roof

Interior Spaces

  • 1,245 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Softwood Flooring
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Eco-Friendly Details

  • Gray Water System

Outdoor Features

  • Spa
  • Water Access
  • Boat Slip
  • Deck
  • Shed
  • Outbuilding

Utilities

  • Heating System Uses Wood
  • Heating System Uses Kerosene
  • 100 Amp Service
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Tax Lot 14
  • 13% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,406

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cottage/Camp
  • Directions: East side of Bear Island in the "carry".
  • Flood Zone: Unknown
  • Footprint: 38x41
  • Assessment Amount: 269900
  • Assessment Year: 2011
  • Construction: Existing
  • Seasonal: Yes
  • Total Stories: 2
  • Price Per Sq Ft: 132.53
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1950
  • Remarks Public: Not only can you buy your own spot on Lake Winnipesaukee for only $169,900! It is priced $100,000 under its assessed value! It's unheard of; but it's true and at a price like this you can tell the seller is motivated. Located on the east side of Bear Island in a quiet protected cove. You can choose to fix up this unique cottage or use the .43 acres of land to build your own brand new retreat. The huge deck and dock that can handle 5 or 6 boats are features that cannot be duplicated under today's regulations. This is truly a private sanctuary for the next owner to make all their own. Easy to get to and located in the desirable low tax town of Meredith.
  • List Agent: 9622
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Electric, Dishwasher, Refrigerator
  • Features Interior: Fireplace - Wood, Fireplaces - 1, Hot Tub, Kitchen/Family, Natural Woodwork, Laundry - 1st Floor
  • Total Bedrooms: 2
  • Flooring: Softwood
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Room 1: Loft
  • Room 3: Living Room
  • Room 7: Primary Bedroom, On Level: 1
  • Sq Ft - Apx Finished AG: 1245
  • Sq Ft - Apx Total Finished: 1245

Exterior Features

  • Construction: Wood Frame
  • Foundation: Post/Piers
  • Roof: Shake, Shingle - Asphalt, Shingle - Other
  • Features Exterior: Boat Slip/Dock, Deck, Hot Tub, Outbuilding, Shed
  • Water Body Access: Yes
  • Water Body Name: Winnipesaukee
  • Water Body Type: Lake
  • Water Frontage Length: 100
  • Water Body Access: Owned
  • Waterfront: Yes

Utilities

  • Cable Company: Metrocast
  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Cesspool, Grey Water
  • Water Heater: Electric, Owned
  • Heating Fuel: Kerosene, Multi Fuel, Wood
  • Heating: Direct Vent
  • Electric Company: NH Co-op

Lot Info

  • Map: I-8
  • Lot: 14
  • Lot Sq Ft: 18730
  • Lot Acres: 0.43
  • Lot Description: Level, Waterfront
  • Surveyed: Yes
  • Zoning: Is. Res.
  • Deed Book: 824
  • Deed Page: 872
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 12.62
  • Tax Gross Amount: 3406.14
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2015
Sold by
Chemi Louis
Bought by
Chemi Louis and Santos Shawna
Total Days on Market
67
Current Estimated Value
$814,839

Purchase Details

Listed on
Feb 8, 2013
Closed on
Jun 3, 2013
Sold by
Ferman Barbara J
Bought by
Chemi Louis
Seller's Agent
John Goodhue
Roche Realty Group
Buyer's Agent
Jason Starr
Starr Realty
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
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
Chemi Louis -- --
Chemi Louis -- --
Chemi Louis $165,000 --
Chemi Louis $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chemi Louis $250,000
Closed Chemi Louis $310,000
Previous Owner Ferman Edward $232,500
Closed Chemi Louis $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2013 05/24/13 Sold $165,000 -2.9% $133 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $169,900 -- $136 / 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 $6,367 $620,600 $381,600 $239,000
2023 $6,138 $620,600 $381,600 $239,000
2022 $5,904 $422,600 $237,000 $185,600
2021 $5,676 $422,600 $237,000 $185,600
2020 $5,925 $422,600 $237,000 $185,600
2019 $5,685 $357,800 $185,800 $172,000
2018 $5,595 $358,200 $185,800 $172,400
2016 $4,925 $315,900 $169,300 $146,600
2015 $2,695 $177,300 $169,300 $8,000
2014 $3,226 $217,500 $169,300 $48,200
2013 $3,107 $215,600 $167,400 $48,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4215536

PrimeMLS

APN: MERE-000008I-000014