35 Leaward Shores Rd, Moultonborough

DoTheMath · 02-18-2010, 10:21 AM

Something - anything for that matter - is only (really) worth what someone else is willing to pay for it.

wifi · 02-18-2010, 10:28 AM

Quote:

Originally Posted by DoTheMath

Something - anything for that matter - is only (really) worth what someone else is willing to pay for it.

Which is why (IMHO) RE taxes should be based on purchase price + the cost of living, NOT on some assessors value judgment based on who knows what.

This is exemplified by the taxes on this property

DickR · 02-18-2010, 12:33 PM

Quote:

Originally Posted by wifi

Which is why (IMHO) RE taxes should be based on purchase price + the cost of living, NOT on some assessors value judgment based on who knows what......

RE tax is a tax you pay on someone else's means to pay it.

NoRegrets · 02-18-2010, 12:35 PM

One problem with taxing RE on paid price is attaching reasonability to the price. Your parent may sell you a property for 100 dollars. When would the proper evaluation be applied?

fatlazyless · 10-11-2010, 12:16 PM

35 Leaward Shores Rd., Moultonborough, still up for sale and now at an asking price of $879,000, down from $989,000, last February. Wonder what it's assessed for now? Is it still $1,432,300 as it was in February, 2010, from a post above?

Thankyou link to Moultonborough 'for sales' in the Roy Sanborn we(b log)!

gf2020 · 10-11-2010, 01:00 PM

Not my style, but probably a good value.

The current assessment is $1,427,200. There has been considerable discussion that the Moultonborough assessments have no relationship with current market values.

MarkinNH · 10-12-2010, 07:53 PM

When you go to the MLS listing on "Realtor.com" the listing shows a price of $879,000. Maybe it has been reduced again.

kauriel · 10-14-2010, 11:43 PM

We just bought a place in Laconia that was assessed for $111,800 and was re-assessed last month for $68,600. Thankfully the new assessment is much closer to our purchase price so we were pleased to see the town is catching up with the market!

fatlazyless · 10-15-2010, 07:15 AM

A 'Reduced' sign just showed up on top of a real estate for sale roadside sign a couple days ago on the Meredith-Winnipesaukee waterfront at 97 Pleasant St, about 1/2 mile in from Rt 25 and the movie cinema

old asking price $1,595,000

new asking price $1,300,000

Meredith assessed value $1,187,300

annual taxes $13,606

size: .48 acre w/136' waterfront

House: 9 rooms, 3 bed, 4 baths (1 full), 4,015 finished interior square feet, 2 1/2 stories, style-Cape, 4-car detached garage w/covered & elevated walkway between house & garage

MLS #2828362 active
.........

I cannot think of anything too intelligent to say here except that a drop of $300,000 sure sounds like a huge price drop to make at one time.

.........

A couple doors up the road, also on Pleasant St, there's a waterfront ranch that first showed a 'for Sale' sign in April 2008, and while the names of the realty sales businesses have changed a couple times, it still has a 'For Sale' sign now about 30 months later.

MarkinNH · 10-15-2010, 01:20 PM

Wow, you would think that a 4,000+ SF house with 4 baths would have more then just 1 full bath.

fatlazyless · 10-15-2010, 02:43 PM

Quote:

Originally Posted by MarkinNH

Wow, you would think that a 4,000+ SF house with 4 baths would have more then just 1 full bath.

Yeah, probably what caused the $300,000 price drop. If only it had two full bathrooms........boo-hoo! Hey, that's what it says in the listing and it itemizes it into 1/2, (2)3/4 & full.

I believe there are 1/4 baths but is there such a thing as a 1/8 bathroom?

One would probably have to be very skinny to use a 1/8 bathroom

?

Grady223 · 10-19-2010, 09:55 AM

Looks like this in near the bridge on Long Island, the view and boat traffic could be bringing the value down.

Heaven · 03-26-2011, 02:45 PM

Quote:

Originally Posted by Grady223

Looks like this in near the bridge on Long Island, the view and boat traffic could be bringing the value down.

Edited to remove the truth

Lucky1 · 03-27-2011, 03:22 PM

The quality of the water? I am always amazed at water front properties that have yellow water, or water with pond lillies and other stuff that would prevent swimming etc. I know people who have had leeches in the water from the time of purchase. When we were looking I acutally got in the water in a bathing suit to see what the water quality was and what the bottom was (sand, rock, yuck or whatever). Once it was pretty cold but as a rule of thumb it is nice to know what waterfront you are buying.

phoenix · 03-27-2011, 05:54 PM

why it can be tough to buy in the early spring you dont see what the water looks like in july

gf2020 · 07-20-2011, 10:53 AM

This property is up for foreclosure auction next week:

http://www.jsjauctions.com/details.asp?id=14910

fatlazyless · 07-20-2011, 11:32 AM

Is it accurate for me to say that the bank will set a minimum reserve amount that totally covers their unpaid mortgage loan outstanding plus the auctioneer's commission and whatever else they may want to add to the minimum amount of money before they will allow it to be sold?

What usually has been happening at waterfront foreclosure auctions in the area lately? I have absolutely no clue, but my best guess is that NOTHING has been happening because the minimum reserve amount almost always does not get bid, so there is no sale, and the bank continues to own the property. Just like there's 'for sale' signs on waterfront property that have been posted out by the street for one-two-three years time with sellers refusing to lower their asking price, and buyers refusing to raise their offer price. Waterfront property prices went up fast-fast-fast, but can take a long-long-long time to go down-down-down.

codeman671 · 07-21-2011, 09:50 AM

Quote:

Originally Posted by gf2020

This property is up for foreclosure auction next week:

http://www.jsjauctions.com/details.asp?id=14910

The unnofficial word on the street from a realtor friend is that it won't go to the auction block. It will probably be stopped prior to.

I attended the auction for Mountainview slip B-17 last week. I was surprised to see it go for $58k, with 6 months in back taxes and $3k in back club fees due. It is certainly well under Gilford's appraisal of $79k but I think in this market that is crazy anyway. Seven bidders showed up including myself, the total outstanding on the mortgage was only $25k.

10-11-2010, 12:16 PM	#5
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,764 Blog Entries: 1 Thanks: 300 Thanked 1,016 Times in 740 Posts	35 Leaward Shores Rd., Moultonborough, still up for sale and now at an asking price of $879,000, down from $989,000, last February. Wonder what it's assessed for now? Is it still $1,432,300 as it was in February, 2010, from a post above? Thankyou link to Moultonborough 'for sales' in the Roy Sanborn we(b log)! __________________ ... down and out, liv'n that Walmart side of the lake!

10-15-2010, 07:15 AM	#9
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,764 Blog Entries: 1 Thanks: 300 Thanked 1,016 Times in 740 Posts	Waterfront-Reduced A 'Reduced' sign just showed up on top of a real estate for sale roadside sign a couple days ago on the Meredith-Winnipesaukee waterfront at 97 Pleasant St, about 1/2 mile in from Rt 25 and the movie cinema old asking price $1,595,000 new asking price $1,300,000 Meredith assessed value $1,187,300 annual taxes $13,606 size: .48 acre w/136' waterfront House: 9 rooms, 3 bed, 4 baths (1 full), 4,015 finished interior square feet, 2 1/2 stories, style-Cape, 4-car detached garage w/covered & elevated walkway between house & garage MLS #2828362 active ......... I cannot think of anything too intelligent to say here except that a drop of $300,000 sure sounds like a huge price drop to make at one time. ......... A couple doors up the road, also on Pleasant St, there's a waterfront ranch that first showed a 'for Sale' sign in April 2008, and while the names of the realty sales businesses have changed a couple times, it still has a 'For Sale' sign now about 30 months later. __________________ ... down and out, liv'n that Walmart side of the lake!

10-19-2010, 09:55 AM	#12
Grady223 Senior Member Join Date: Apr 2004 Location: New Hope, PA & Barndoor Island Posts: 465 Thanks: 93 Thanked 24 Times in 18 Posts	35 Leaward Shores Rd., Moultonborough Looks like this in near the bridge on Long Island, the view and boat traffic could be bringing the value down.

03-27-2011, 03:22 PM	#14
Lucky1 Senior Member Join Date: Oct 2009 Location: Moultonborough and FL Posts: 459 Thanks: 318 Thanked 123 Times in 53 Posts	Would be interesting to see........ The quality of the water? I am always amazed at water front properties that have yellow water, or water with pond lillies and other stuff that would prevent swimming etc. I know people who have had leeches in the water from the time of purchase. When we were looking I acutally got in the water in a bathing suit to see what the water quality was and what the bottom was (sand, rock, yuck or whatever). Once it was pretty cold but as a rule of thumb it is nice to know what waterfront you are buying.

03-27-2011, 05:54 PM	#15
phoenix Senior Member Join Date: Apr 2004 Location: phoenix and moultonboro Posts: 1,554 Thanks: 61 Thanked 275 Times in 193 Posts	why it can be tough to buy in the early spring you dont see what the water looks like in july __________________ it's tough to make predictions specially about the future

02-18-2010, 10:21 AM	#1
DoTheMath Senior Member Join Date: Apr 2004 Location: MA / Moultonborough Posts: 146 Thanks: 46 Thanked 43 Times in 18 Posts	Something - anything for that matter - is only (really) worth what someone else is willing to pay for it.

The Following User Says Thank You to DoTheMath For This Useful Post:
AC2717 (07-20-2011)

02-18-2010, 12:35 PM	#4
NoRegrets Senior Member Join Date: Jun 2007 Location: Hudson - NH Posts: 408 Thanks: 233 Thanked 212 Times in 88 Posts	One problem with taxing RE on paid price is attaching reasonability to the price. Your parent may sell you a property for 100 dollars. When would the proper evaluation be applied?

10-11-2010, 01:00 PM	#6
gf2020 Senior Member Join Date: Feb 2009 Location: North of Boston Posts: 203 Thanks: 11 Thanked 35 Times in 28 Posts	Not my style, but probably a good value. The current assessment is $1,427,200. There has been considerable discussion that the Moultonborough assessments have no relationship with current market values.

10-12-2010, 07:53 PM	#7
MarkinNH Senior Member Join Date: Mar 2010 Posts: 392 Thanks: 177 Thanked 146 Times in 76 Posts	When you go to the MLS listing on "Realtor.com" the listing shows a price of $879,000. Maybe it has been reduced again.

10-14-2010, 11:43 PM	#8
kauriel Senior Member Join Date: Jul 2010 Location: Laconia, N. MA Posts: 290 Thanks: 119 Thanked 62 Times in 44 Posts	We just bought a place in Laconia that was assessed for $111,800 and was re-assessed last month for $68,600. Thankfully the new assessment is much closer to our purchase price so we were pleased to see the town is catching up with the market!

10-15-2010, 01:20 PM	#10
MarkinNH Senior Member Join Date: Mar 2010 Posts: 392 Thanks: 177 Thanked 146 Times in 76 Posts	Wow, you would think that a 4,000+ SF house with 4 baths would have more then just 1 full bath.

07-20-2011, 10:53 AM	#16
gf2020 Senior Member Join Date: Feb 2009 Location: North of Boston Posts: 203 Thanks: 11 Thanked 35 Times in 28 Posts	This property is up for foreclosure auction next week: http://www.jsjauctions.com/details.asp?id=14910

The Following User Says Thank You to gf2020 For This Useful Post:
fatlazyless (07-20-2011)

07-20-2011, 11:32 AM	#17
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,764 Blog Entries: 1 Thanks: 300 Thanked 1,016 Times in 740 Posts	Is it accurate for me to say that the bank will set a minimum reserve amount that totally covers their unpaid mortgage loan outstanding plus the auctioneer's commission and whatever else they may want to add to the minimum amount of money before they will allow it to be sold? What usually has been happening at waterfront foreclosure auctions in the area lately? I have absolutely no clue, but my best guess is that NOTHING has been happening because the minimum reserve amount almost always does not get bid, so there is no sale, and the bank continues to own the property. Just like there's 'for sale' signs on waterfront property that have been posted out by the street for one-two-three years time with sellers refusing to lower their asking price, and buyers refusing to raise their offer price. Waterfront property prices went up fast-fast-fast, but can take a long-long-long time to go down-down-down. __________________ ... down and out, liv'n that Walmart side of the lake!