97 Pleasant St-Meredith-sold!

fatlazyless · 12-31-2011, 03:18 PM

The 'sold' sign is now setting up top of the Caldwell Banker roadside realty 'for sale' sign down at 97 Pleasant St, Meredith, NH 03253.

How long was this wf residence on the market? Probably longer than one year and it had sported a reduced sign for many months.

Any chance someone could post the relevant info; assessed Meredith town value, starting ask price, price history, sold price and property taxes? Thanks in advance!

martbri7 · 12-31-2011, 03:35 PM

http://data.visionappraisal.com/Mere...e=pid&pid=4360

Hope this link works if not.....town has assesed at 1.2 mil

nhd · 12-31-2011, 03:47 PM

Original list - $1,695,000. 602 days on market, 28 days under contract. Final sale price $1,100,000. Cash sale.

fatlazyless · 12-31-2011, 04:49 PM

Here's a question.....if 97 Pleasant St was purchased with a bank mortgage.....wouldn't it be very unlikely for a bank to agree to the 1.1mil purchase price, and only because it was a cash purchase is why it sold for so close to assessed value? It's just not like a bank to be loaning out 1.1 mil for a house the town has assessed for1.2mil .......just too rich a loan for a bank mortgage......me-thinks?

Cash is king!

gf2020 · 12-31-2011, 09:54 PM

I wouldn't read too much in to it, FLL. As discussed here many times, a home's assessed value often has little to do with its market value or appraised value for the purpose of obtaining a mortgage.

12-31-2011, 03:18 PM	#1
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,738 Blog Entries: 1 Thanks: 300 Thanked 1,007 Times in 735 Posts	97 Pleasant St-Meredith-sold! The 'sold' sign is now setting up top of the Caldwell Banker roadside realty 'for sale' sign down at 97 Pleasant St, Meredith, NH 03253. How long was this wf residence on the market? Probably longer than one year and it had sported a reduced sign for many months. Any chance someone could post the relevant info; assessed Meredith town value, starting ask price, price history, sold price and property taxes? Thanks in advance! __________________ ... down and out, liv'n that Walmart side of the lake!

12-31-2011, 04:49 PM	#4
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,738 Blog Entries: 1 Thanks: 300 Thanked 1,007 Times in 735 Posts	Here's a question.....if 97 Pleasant St was purchased with a bank mortgage.....wouldn't it be very unlikely for a bank to agree to the 1.1mil purchase price, and only because it was a cash purchase is why it sold for so close to assessed value? It's just not like a bank to be loaning out 1.1 mil for a house the town has assessed for1.2mil .......just too rich a loan for a bank mortgage......me-thinks? Cash is king! __________________ ... down and out, liv'n that Walmart side of the lake!

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12-31-2011, 03:35 PM	#2
martbri7 Senior Member Join Date: Apr 2004 Posts: 160 Thanks: 27 Thanked 83 Times in 17 Posts	http://data.visionappraisal.com/Mere...e=pid&pid=4360 Hope this link works if not.....town has assesed at 1.2 mil

12-31-2011, 03:47 PM	#3
nhd Member Join Date: Jul 2010 Posts: 39 Thanks: 18 Thanked 53 Times in 15 Posts	Original list - $1,695,000. 602 days on market, 28 days under contract. Final sale price $1,100,000. Cash sale.

12-31-2011, 09:54 PM	#5
gf2020 Senior Member Join Date: Feb 2009 Location: North of Boston Posts: 203 Thanks: 11 Thanked 35 Times in 28 Posts	I wouldn't read too much in to it, FLL. As discussed here many times, a home's assessed value often has little to do with its market value or appraised value for the purpose of obtaining a mortgage.