Vol.44, No.31
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W E E K O F M O N D A Y, A U G U S T 1 , 2 0 2 2
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
C L I M AT E C H A L L E N G E
Bedford
250 S RIVER RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,750,000 B: JNR Fund 1Spe Bedford NH S: Vista Heights Prop LLC Mtg: Kennebunk Svgs Bank $9,882,500 Use: Hotel, Lot: 187308sf
Sunapee
154 GARNET HILL RD. . . . . . . . . . . . . . . . . . . . . . . . . $5,500,000 B: James R Carroll S: Thomas J Brophy Tr, Tr for Carole Ann Brophy QPRT
Laconia
0 ENDICOTT ST E. . . . . . . . . . . . . . . . . . . . . . . . . . . . .$2,600,000 B: 135 Endicott St LLC S: Gardens At Weirs LLC
Hanover
40 WOLFEBORO RD. . . . . . . . . . . . . . . . . . . . . . . . . . . $2,500,000 B: Jeffrey L Stewart & Emily A Stewart S: Thomas P Carlson & Melissa M Carlson Mtg: Bar Harbor Bk & Tr $1,875,000 Use: 4 Bdrm Colonial, Lot: 405108sf
Laconia
31 WINDJAMMER RDG. . . . . . . . . . . . . . . . . . . . . . . . $2,250,000 B: Mark G Beucler & Karen A Beucler S: Kimberly A Danosi 33 WINDJAMMER RDG. . . . . . . . . . . . . . . . . . . . . . . . $2,250,000 B: Mark G Beucler & Karen A Beucler S: Kimberly A Danosi Mtg: Partners Bk New Eng $1,000,000 Use: 4 Bdrm Contemporary, Lot: 24529sf
Windham
40 WOODVUE RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,000,000 B: 40 Woodvue LLC S: Kenneth D Carpenter Tr, Tr for Kenneth D Carpenter RET Use: 4 Bdrm Cape Cod, Lot: 34848sf
Portsmouth
404 ISLINGTON ST . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,940,000 B: 2082 IL 50 VZ LLC S: 404 Islington Street LLC
Windham 5 BENNINGTON RD. . . . . . . . . . . . . . . . . . . . . . . . . . . $1,785,000 B: Michael Maimone & Brenda Maimone S: Marc R Jones Tr, Tr for M&M Beth Jones RET Mtg: Guaranteed Rate Inc $1,000,000 Use: 5 Bdrm Colonial, Lot: 104544sf
T
hose living on the New Hampshire Seacoast are intimately aware of the impacts of climate change. They’ve watched high tides draw closer over the years, flooding their streets and homes. The ocean that drew them here now threatens their ability to stay. As sea levels rise, communities are scrambling to adapt to the new reality. Steve Belgiorno, a retired math teacher, has seen the flooding worsen since he first bought a house in Hampton in 2005. In 2017, he said, a nightmare storm ruined the house’s boiler, hot water tank, and flooring, leaving marsh grass and kelp in exchange. “We’re the Titanic,” he said. The flooding strains town resources, too. A fire truck was substantially damaged in a 2018 flood after it was driven through stormwater to respond to an emergency. Salt water is corrosive and can destroy vehicles. It also eats away at home foundations. Belgiorno pays a company thousands of dollars to reseal his foundation every few years, but the cracks inevitably return. Tom Bassett didn’t think about flooding when he bought a home in Hampton in 2002, but now he documents each one. While big storms used to drive the flooding, now a king tide is enough to deposit nearly a foot of water in low-lying areas. Bassett raised his house 10 feet above the
Waves lap against Hampton Beach. With marshes letting the ocean reach deep into its interior, the town of Hampton is one of the most vulnerable towns to climate change in New Hampshire.
ground in 2007 and has no plans to leave – even if the situation gets worse. But he worries about getting stranded without access to emergency services, like when his daughter lived with him during her pregnancy. Residents like Bassett want to leave their homes to the next generation but fear climate change will eliminate that possibility. In the meantime, flooding shapes their daily routines. “These tide charts are like our bible. We live by them,” said Debra Bourbeau, who started coming to Hampton in 2010. The charts help her and other residents predict
when their streets will fill with water and become impassable, an event residents have come to expect as frequently as each month. Bourbeau and Belgiorno worked with the town to pass an ordinance that allows residents in the lowlands to park on higher ground whenever a tide over 10 feet is in the forecast. But adaptation doesn’t erase the problem. “Despite these mitigation measures, the Town of Hampton continues to experience disproportionate property damage due to flooding when compared to the rest of the
New Hampshire Market Statistics Single-Family Sales By Month 1,700 1700 1,500 1500
INDEX
1,300 1300
REAL ESTATE RECORDS
3 3 4 4 5 6 7 8 10 10 11 11 11 11
NEW HAMPSHIRE BULLETIN
Image courtesy of JLL
276 HENNIKER ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,165,000 B: All Purpose Stg Hillsboro Mini LLC S: Alan R Ager & Jean M Ager Mtg: Provident Bank $2,602,500 Use: Mixed Use-prim Comm & Other, Lot: 76666sf 485 W MAIN ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,165,000 B: All Purpose Stg Hillsboro Mini LLC S: Alan R Ager & Jean M Ager Mtg: Provident Bank $2,602,500 Use: Mixed Use-prim Comm & Other, Lot: 169884sf 6 WALL ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,700,000 B: All Purpose Stg Hillsboro Wall St LLC S: Storage Barn Hlsboro LLC Mtg: Provident Bank $2,540,000 Use: Mixed Use-prim Comm & Other, Lot: 117612sf
COUNTY
Hampton Residents, Town Leaders Try to Adapt to Rising Waters BY AMANDA GOKEE
Hillsboro
PG
Effects of Climate Change Are Changing Life on Seacoast
TRANSACTIONS THRU
Belknap �������������������������� 07/15/22 Carroll ���������������������������� 07/15/22 Cheshire ������������������������ 07/15/22 Coos �������������������������������� 07/15/22 Grafton ���������������������������� 07/15/22 Hillsborough ������������������ 07/15/22 Merrimack ���������������������� 07/15/22 Rockingham ������������������ 07/15/22 Strafford ������������������������ 07/15/22 Sullivan �������������������������� 07/15/22 Bankruptcies Lien & Attachments Foreclosure, Mortgagee & Other Lien Auctions Requests for Bids & Proposals
1,100 1100 900 900 700 700 500 500
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June July July Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Dec. Dec. Jan. Feb Feb. Mar Mar. Apr Apr. May May June June June ’21
’22
Number 2400 of 2,400 Sales 2200 2,200 2000 2,000 1800 1,800 1600 1,600 1400 1,400 1200 1,200 1000 1,000
Continued on Page 12
June June ’17
June June ’18
June June ’19
June June
’20
June June ’21
June June ’22
June 2017 June 2018 June 2019 June 2020 June 2021 June 2022
Number of Sales
Change Prior Year
2,088 1,946 1,713 1,292 1,491 1,356
4.92% -6.8% -11.97% -24.58% 15.4% -9.05%
q Statistics based on single-family home sales of $1,000 q Source: The Warren Group
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