The Registry Review: Nov. 16, 2020

Page 1

Vol.42, No.46

www.thewarrengroup.com

W E E K O F M O N D A Y, N O V E M B E R 1 6 , 2 0 2 0

THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group

WEEKLY SALES OF NOTE

ALL ABOARD?

Franklin BABBITT RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,075,000 B: Mountain Vw Ests MHC LLC S: Christian Dumont Tr, Tr for Christian Dumont T Mtg: Walker&Dunpol LLC $4,400,000

Rye

Pandemic, Presidential Election Change Commuter Rail Debate

1308 OCEAN BLVD . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,250,000 B: Daniel P Sullivan Tr, Tr for 1308 Ocean Boulevard RT S: Joseph H Guyton Tr, Tr for Dorothea E Guyton T

Offices’ Future Seen as Key to Real Estate Impacts

New London

BY JAY FITZGERALD

147 SOUTH COVE RD . . . . . . . . . . . . . . . . . . . . . . . . . $2,700,000 B: David Livingston & Michele D Livingston S: Donna S Ferries & John C Ferries

A

Gilford 64 BELKNAP POINT RD. . . . . . . . . . . . . . . . . . . . . . . . $2,300,000 B: Amy K Kanyuk Tr, Tr for FTS RT S: Karyn M Dietrich Tr, Tr for Karyn M Dietrich RET

Portsmouth 233 VAUGHAN ST U:301. . . . . . . . . . . . . . . . . . . . . . . $2,250,000 B: Thomas H Balon Jr & Kirsten Seethaler-Balon S: Patricia L Leyman Tr, Tr for Patricia L Leyman RET Mtg: Merrimack Cnty SB NH $1,800,000 Use: 3 Bdrm Condo 340 BANFIELD RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000 B: Cromwell Investments LLC S: Walter D Hett Tr, Tr for Walter D Hett T Mtg: North Shore Bank $4,575,000

Center Harbor 28 BROOKSIDE LANE . . . . . . . . . . . . . . . . . . . . . . . . . $2,055,000 B: David M Anderson & Lauren R Anderson S: Mark A Olsheskie Tr, Tr for Mark A Olsheskie RET

Seabrook 6 MERRIMAC ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,960,000 B: Mark E Hildreth Tr, Tr for Hildreth Joint RET S: Thomas M Snediker Tr, Tr for Ashlind RT

Chesterfield 14 NAMASCHAUG LANDING. . . . . . . . . . . . . . . . . . . . $1,835,000 B: Matthew C Mosher & Tracy B Mosher S: Christian D Mccauley

Hanover 9 OCCOM RDG. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,720,000 B: Frances D Faro & Eric J Faro S: Gordon Phillips & Linda Phillips Mtg: Title Mtg Solution $1,376,000 Use: 5 Bdrm Colonial, Lot: 24394sf

Bridgewater 42 BROOKDALE RD. . . . . . . . . . . . . . . . . . . . . . . . . . . $1,700,000 B: 42 Brookdale Rd SPE LLC S: Thomas H Moore Jr & Andrew S Moore Mtg: Thomas H Moore Jr $200,000

REGISTRY REVIEW STAFF

t least for the time being, the debate over the proposed New Hampshire Capital Corridor Rail Project may come down to what hurts or helps it the most – the pandemic or President-elect Joe Biden. Debated for years and currently undergoing an extensive study, the project’s fate ultimately will hinge on its estimated costs, ridership projections, economic pluses and minuses and the level of popular and legislative support within the state for a passenger rail connection to Boston. But some commercial real estate figures, nervous about the rise of remote working and the partial collapse of the office market across the nation during the ongoing pandemic, are openly wondering if the proposed ManchesterNashua-Lowell-Boston rail idea may have lost some of its luster as a result of COVID-19. Then again, Democrat Joe Biden, fresh off being declared the winner in the hotly contested U.S. presidential race, is expected to pursue big infrastructure and climate-change spending that could boost the rail idea in New Hampshire, assuming a Republican-controlled Senate goes along with Biden’s plans, which some say is a big question mark. “No one really know what’s going to happen,” E.J. Powers, head of the New Hampshire Business for Rail Expansion, says of all the new pandemic and Biden-era variables facing

REAL ESTATE RECORDS

$310,000 310000

3 Belknap �������������������������� 10/30/20 4 Carroll ���������������������������� 10/30/20 5 Cheshire ������������������������ 10/30/20 6 Coos �������������������������������� 10/30/20 6 Grafton ���������������������������� 10/30/20 8 Hillsborough ������������������ 10/30/20 12 Merrimack ���������������������� 10/30/20 13 Rockingham ������������������ 10/30/20 16 Strafford ������������������������ 10/30/20 17 Sullivan �������������������������� 10/30/20 18 Bankruptcies 18 Lien & Attachments 18 Foreclosure, Mortgagee & Other Lien Auctions 18 Requests for Bids & Proposals

One thing is clear: An in-depth study examining the feasibility and financing of a new commuter rail line won’t be completed for about two years, giving both sides a temporary breather to marshal their facts and arguments, pro and con, for the project. Backers of the project think they have a win-

W

$270,000 270000 Sept. Oct. Oct. Nov. Nov. Dec. Dec Jan. Jan. Feb. Feb. Mar. Mar. Apr. Apr. May Sept. Sept. May June June July July Aug. Aug. Sept. ’19

’20

Number 350000 of Sales $350,000

Year

Median Price

Change Prior Year

290000 $290,000

Sept. 2016

$242,533

3.21%

260000 $260,000

Sept. 2017

$249,967

3.07%

230000 $230,000

Sept. 2018

$270,000

8.01%

Sept. 2019

$290,000

7.41%

Sept. 2020

$331,700

14.38%

320000 $320,000

200000 $200,000

WHO’S THE BEST? Introducing

$290,000 290000

$250,000 250000

Continued on Page 20

The Registry Review’s Reader Choice Awards!

$350,000 350000 $330,000 330000

TRANSACTIONS THRU

Next Stop, Manchester

ner on their hands, pointing to a 2015 study that touted all the benefits of linking Manchester to Boston, via an extension of the MBTA’s Lowell commuter line to Nashua, the Manchester-Boston Regional Airport and ending up at Manchester’s bustling Millyard. Boosters say the line could possibly extend to Concord in the future. Some of the potential pluses of the project, as outlined in the five-year-old study touted by backers: 668,000 weekday riders per year, 5,600

Single-Family Median Sales Price

INDEX PG COUNTY

the Capital Corridor project. “We’ll have to see how it plays out.”

NEW HAMPSHIRE MARKET STATISTICS

Sunapee 22 WOODLAND RD . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,600,000 B: Suzanne M Corey & John M Corey S: Lisa M Bozogan

Already Manchester officials are planning for development they hope will accompany a commuter rail line proposed to link their city and Boston.

Sept.

Sept. ’16

Sept.

Sept. ’17

Sept.

Sept. ’18

Sept.

Sept. ’19

Sept.

Sept. ’20

q Statistics based on single-family home sales of $1,000 q Source: The Warren Group

©2020 The Warren Group Inc. All rights reserved. No part of this publication may be reproduced without the written consent of the publisher.

e’re looking for the best companies in New Hampshire to recognize them for providing the best products and professional services. Winners aren’t determined by who conducts the most business, who has the most revenue or serves the most customers. Instead, it measures the loyalty and satisfaction they provide their customers. And as a Registry Review reader, we know you’re an insightful consumer, and we need to hear your opinion – this is your opportunity to speak up for those providers they believe are the best. Ballots may be cast at https://www. theregistryreview.com/rr-best-voting. Voting will close Friday, Nov. 20 and results will run in December. One vote per person. We look forward to seeing who you think is The Best in 2020!


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