The Registry Review: Feb. 10, 2020

Page 1

Vol.42, No.06

www.thewarrengroup.com

W E E K O F M O N D A Y, F E B R U A R Y 1 0 , 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

CONTENTION IN CONCORD

Manchester BODWELL RD U:1-1 TO 24. . . . . . . . . . . . . . . . . . . . $14,395,000 B: Forest Woodedge Hldg LLC and Forest Woodedge Hldg II LLC S: Laurels Pines Woodedge

Salem 12 MANOR PKWY. . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,300,000 B: CP BA 12 Manor Pkwy LLC S: Kenneth W Gudek Tr, Tr for Park Place RT Mtg: Berkshire Bank $3,045,000 Use: Industrial Office Building, Lot: 127631sf

Towns Push to Eliminate New Development Appeals Process Housing Appeals Board Intended to Streamline Land Use Appeals BY JAMES SANNA REGISTRY REVIEW STAFF

Windham

A

new body housing advocates say is important to expediting housing construction across the state is facing challenges at the State House before it has even begun

7 IRONWOOD RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,000,000 B: Anthony J Christopher & Debra A Christopher S: Susan Mesiti Tr, Tr for Mesiti Jenny Hill RT Use: 4 Bdrm Colonial, Lot: 242629sf

Moultonboro 58 W POINT RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,495,000 B: Stefan T Baur Tr, Tr for Stefan T&Lori A Baur RET S: Barbara Cardi Tr, Tr for Generation Skipping T Mtg: Draper and Kramer Mtg $1,000,000 Use: 3 Bdrm Contemporary, Lot: 30492sf

Londonderry 49 HARVEY RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,400,000 B: Lexor Realty LLC S: Charles Zoulias Mtg: Pentucket Bank $1,100,000 Use: Industrial Warehouse, Lot: 91476sf

Newbury 21 LAKEWOOD MANOR RD. . . . . . . . . . . . . . . . . . . . . $1,400,000 B: Joseph Yost S: Michelle Gibbs & Marc-Andre Giguere Mtg: UBS Bank USA $750,000 Use: 3 Bdrm Ranch, Lot: 13068sf

Concord 237 SHEEP DAVIS RD. . . . . . . . . . . . . . . . . . . . . . . . . $1,385,000 B: York Machinery North Inc S: Chadwick Baross Inc Use: Auto Other, Lot: 244372sf

Alton 10 MELODY LANE L:8&9. . . . . . . . . . . . . . . . . . . . . . . $1,350,000 B: Edward Sampadian Tr, Tr for Sampadian FT S: Jason Clark & James G Garneau

Manchester 1787 ELM ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,210,000 B: Memers First CU Of NH S: Cronin Properties LLC 1705 ELM ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,210,000 B: Memers First CU Of NH S: Cronin Properties LLC Use: Commercial Devlpble Land, Lot: 10400sf 1687 ELM ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,210,000 B: Memers First CU Of NH S: Cronin Properties LLC Use: Commercial Devlpble Land, Lot: 17400sf

INDEX

Even before it has been formed, a body intended to help streamline appeals of local land use decisions is coming under attack at the State House.

members in cases of conflict of interest or other absences. However, many local planning boards have strongly opposed the measure and a pair of bills have been filed in the Senate to undo the board’s creation before it even has a change to get off the ground. Senate Bills 735 and 721 got hearings recently before the Senate Judiciary Committee. The former would simply disestablish the board. The latter would replace it with an on-

line application process for expedited review by the Superior Court and send the $400,000 already earmarked for the Housing Appeals Board’s startup costs to the courts to implement the new system. Many town officials claim the Housing Appeals Board would “usurp” their authority, although it would rely on the same laws that ordinarily govern Superior Court review of their decisions.

NEW HAMPSHIRE MARKET STATISTICS

TRANSACTIONS THRU

3 Belknap �������������������������� 01/28/20 3 Carroll ���������������������������� 01/28/20 4 Cheshire ������������������������ 01/28/20 4 Coos �������������������������������� 01/28/20 4 Grafton ���������������������������� 01/28/20 5 Hillsborough ������������������ 01/28/20 7 Merrimack ���������������������� 01/28/20 7 Rockingham ������������������ 01/28/20 9 Strafford ������������������������ 01/28/20 9 Sullivan �������������������������� 01/28/20 9 Bankruptcies 10 Lien & Attachments 10 Foreclosure, Mortgagee & Other Lien Auctions 10 Requests for Bids & Proposals

$320,000 320000

$280,000 280000 $260,000 260000 $240,000 240000

Dec. Jan. Jan. Feb. Feb. Mar. Mar. Apr. Apr. May May June June July July Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Dec. Dec. Dec. ’18

’19

Number 300000 of Sales $300,000 275000 $275,000 250000 $250,000 225000 $225,000 200000 $200,000

Dec.

Dec. ’15

Dec.

Dec. ’16

Dec.

Dec. ’17

Dec.

Dec. ’18

Dec.

Dec. ’19

Continued on Page 12

TO OUR READERS

T

Single-Family Median Sales Price $300,000 300000

REAL ESTATE RECORDS PG COUNTY

its work. The state Housing Appeals Board was established as part of a year-end budget deal in 2019. It was intended to offer homeowners and developers a way to appeal decisions by local planning and zoning boards without the fiveto six-figure costs of appealing to the Superior Court or the attendant delays as land use cases get backed up behind criminal ones. The board was part of a package of reforms suggested by a large group of housing stakeholders convened in 2018 by St. Anselm College’s Center for Ethics in Business and Governance. The board can only hear a case once all local remedies have been exhausted, and it must hear a case within 90 days of receiving the appeal and render a judgement within 60 days of the hearing. The board will be made up of an attorney, a surveyor and an expert in housing or land use issues, all appointed by the state Supreme Court for five-year terms. It is slated to begin its work later this year. The court is also authorized to appoint substituted

Year

Median Price

Change Prior Year

Dec. 2015

$220,000

2.8%

Dec. 2016

$237,533

7.97%

Dec. 2017

$250,000

5.25%

Dec. 2018

$252,867

1.15%

Dec. 2019

$287,250

13.6%

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.

he Registry Review is online! After more than 40 years as a printed newspaper, all of the real estate information you rely on is now available at www.theregistryreview.com. (There are no plans to cease publication of the newspaper.) All current subscribers have complimentary access to the website. When you first visit the site, please click the “forgot password” button to set up your account. If you have any problems please call or email customer service at 617-896-5388 or customerservice@thewarrengroup.com. If you have any feedback or would like to contribute content, please email editorial@ thewarrengroup.com. Sincerely, Cassidy Norton Associate Publisher The Warren Group


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