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Real Deals in the Lakes Region?

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Posted 02-26-2012 at 02:07 PM by Roy Sanborn



A spin around the MLS system this week revealed a few more potential good buys in the Lakes Region if you are in the market for a new home! The first one is a bit of a mystery, though as there was only one picture shown and there’s not a lot of info listed on the sheet. That always scares me. The home is located at 731 East Side Drive in Alton and is offered as a short sale at $140,000. It is assessed at $174,800 which is why I thought it might be of some interest. The only picture is of the outside of this 1,340 square foot, three bedroom, two bath raised ranch. And sure enough, it looks exactly like a raised ranch. The listing sheet says is was built in 2004 and has cherry cabinets, granite countertops, a finished basement, and a two car garage under. So that sounds good. It also says it needs some work. It might be worth a look and it could be a surprise, of one kind or another.



Over in Barnstead at 35 Beauty Hill Road is a large 3,000 square foot, four bedroom, three bath, raised ranch on a 1.8 acre lot. This home has been freshly painted inside, has new carpets, a master suite, an in-law suit over the two car garage, gas fire place, large three season porch, finished basement, and an in-ground pool with a private back yard. It is being offered at $185,000 or 65% of the current assessed value of $284,000. Is it a deal? You’ll have to find out for yourself. It could be a real beauty!



The home at 393 Durrell Mountain Road in Belmont has been on the market for a while starting at $237,000 back in 2010. The price is now down to $189,000 (which is 79% of the assessed value of $239,000) making it a pretty darn good deal, I think. This home is for the guy that needs a garage for his toys. And this 30’ x 60’ heated garage will hold a lot; six cars to be exact or a whole bunch of ATV’s, snow machines, or motorcycles. Perfect! As an added bonus, there is a very nice two bedroom, two bath home included with the garage. A guy has to sleep sometimes you know. This cozy home has 1,800 square feet of living space, new carpeting, redwood cathedral ceilings, new kitchen countertops, and a beautiful hearth with a pellet stove. This home should have a new owner soon...

Another property in Belmont at 198 Ladd Hill Road also looks like it might be a bargain. This property consists of a 1,976 square foot, renovated main home with four bedrooms and a separate 700 square foot, one bedroom cottage for the in-laws or cousin Eddie. The home has many recent upgrades including new flooring, paint, windows, vinyl siding, a new roof, new cabinetry, appliances, and a new furnace in the cottage. The zoning here allows for many possibilities for a home business so you can also put Eddie to work. The home sits on a 3.4 acre lot with public water and sewer. This property is assessed at $322,000 and is priced to sell at $219,000! Good deal?



Finally, over in Sanbornton there is a nice antique circa 1798, seven room, three bedroom, two bath cape that has also been on the market for a while that seems like a nice deal. This is one of those quaint, picturesque postcard kind of homes in the historic area near the square at 49 Tower Hil Road. It has a huge 18’ x 20’ living room, a den with a fireplace, a large screened porch with great views, and a two story barn. This home was priced originally at $325,000 but has been reduced to $222,900 which is 77% of the current tax assessment of $289,600. If you like old homes, this could be the one for you...

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