Concord Monitor from Concord, New Hampshire • 43

SUNDAY MONITOR November 18 2001 5 Trading Places IB IB 3 II BB II II Here are recent rea estate transactions in Merrimack County the Lakes Region and sur rounding towns Safes information is published In summarized form for the Sunday information only These listings are not a legal record and do not include all details of each sale Names shown are usually the first to appear on the deed Any sale might have involved additional parties or locations Prices listed are usually based on tax stamps Prices for sales involving public agencies may not be accurate Refer to actual public documents before forming opinions or relying on this information Sales information published under copyright license from Real Data Corp 669 3822 Additional information on these and prior sales is available at wwwreal datacom Doucette to Scott Morin and others Hillsboro land $8000 Diane Day to David and Melody Gray Hopkinton 411 Penacook Road land $360000 Thomas and Nancy Wade to James and Jennifer Mullins Al lenstown Granite Street Ext land $9000 Charles Philip and John Currier and others to John Courtemanche Bear Brook Gardens mobile home $22533 Stephen and Chris tine Wood to Eric and Heather Jones Andover 766 Racoon Hill Road land $132000 John and Elizabeth Dol beare to Kevin and Renee Goodwin 116 Cilley Ville Road land and building $125000 Dorothy ord Revocable Trust to Chance and Wendy Smith 118 Kearsarge Mountain Road land and building $74533 George and Linda Peterson to Reid and Danna Hannula Boston Hill Road land $19533 Carolyn Beierle to airiane Mobile Home Sales Inc Barnstead 33 Windsor Way land and build ing $121000 Daniel and Christine Ruggieri Jr to Tony and Lise Bargar do 280 Peacham Road land and building $173000 Robert and Linda Hillis to Jennifer and Steven MacLaughlin Locke Lake Colony land and build ing $4533 Dennis and Jean Good win to North South Holdings Corp Route 126 land $27000 Dorothy Melchionda and others to Kimberly and Peter Berry 65 Barnstead Road land and building $84933 Doyal Lyons to David and Jessica Audet Locke Lake Colony land $6200 Marc Andre and Joseph Piche to Charles Sargent Barnstead 11 Alder Point Drive land and building $103000 Christopher and Laurel Barbieri to Richard Lewis Belmont 295 Main St land and building $80000 Jerry Gagnon Jr to Susan and Steven Woodbury Pine Gardens Mobile Home Park mobile home $61533 Debra Vil landry to Alden and Doreen Taylor 159 Bean Hill Road land and building $97933 Erich and Kather ine McLellan to John and Jill McDon ald Pine Gardens Mobile Home Park mobile home $48000 Anthony and Deborah Instasi to Edmund and Doris Bresse Bow 4 Bela View Drive land and build ing $230000 Damon Crommett to Michael and Donna Hemeon 37 Hampshire Hills Drive land $479933 James and Bonnie Richards to Ronald and Marjorie Ciotti Center Harbor Route 3 land $39000 Conrad Realty Trust to John and Sally Lud wick Sr Chichester Old Road land $100000 Gloria and Philip Hammond and others to rancis and Evelyn Pike 11 Connemara Drive land $269933 RJ Moreau Cos Inc to Roy and Jeanne Chellis No address given land and build ing $159000 Kimberly Rowell to John Monroe and others Concord 9 Sanborn Road land and build ing $45000 Cherry Hill Homes Ubc to Douglas and Kathleen Clark Unit 141 Mast Yard West condo $65533 Mark Ventola to Vladimir Saveliev 52 Dominique Drive land $157933 RG Moreau Cos Inc to Daivd and Dawn Ghiorzi 31 Beacon St land $143000 Arthur Brochu to Lynn Ann Ashforth 314 Elm St land and building $179933 Charles and Sheri Lam oureaux to Donald McClellan and others 22 Chesterfield Drive land and building $135933 Ryan and Stacie Pope to Michael Kemp and others Unit 12 Island Shores Estates Building Condo Concord Unit 4W Cooper Stevens Estate condo $237533 Julia Sturm to Steven and Paulette McManis 2 Elderberry Place land and build ing $140000 Janet Vincent Lurvey to Joshua and Sarah Kirn 5 Mason Court land and building $87000 Brenda Dyment to James and Beth Haggett Jr 72 Manchester St land $325000 Apostolos and Elizabeth Haralabatos to Sarp Realty Inc 130 Warren St land and building $129933 inis Williams III to Doreen Caley 73 Dominique Drive land and building $208800 RJ Moreau Cos Inc to Paul and Linda Zaffini 11 Oak St land and building $88000 JTR Realty LLC to Jennifer Douville and others Unit 1 ranklin Square condo $67000 Valerie Martin to Gerard and Nancy Corriveau Unit 3 Prescott Park condo $800000 Jacques and Susanne Wajsfelner to Pool Partners Inc 8 Rosemary Court land and build ing $149933 Michael Reale and others to Maria iguerres Putnam and others 31 Rosewood Drive land $35000 rank Merrill to Eric and Shelley Therriault 17 ederal St land and building $121933 Henry and Moira Long Jr to Terry and Christine Radford 110 Warren St land and building $120000 Betsy Gammons to David Gross Deerfield Middle Road land $11000 Patrick and Sandra Cassier to Wayne Vroom Danielle Way land $57933 Trust Of Deerfield to Tukcor Real Estate and Development Inc 64 Nottingham Road land and building $250000 Maxine Arnold to Wayne Shawcross Danielle Way land and building $62000 Trust of Deerfield to Robert and Cathy Macewan Deering 57 Pleasant Pond Road land and building $112533 William itz patrick Revocable Trust and others to Mickey Beall Tubbs Hill Road land $35000 Ernest and Pauline Cote to Bruce Couturier and others Dunbarton Route 13 land and building $85000 James Young to Tiresias LLC Epsom 1665 Dover Road land and build ing $95000 Richard Leavitt Estate and others to Peter Zintel North Road land and building $37000 Esther ox and others to Jennifer and Timothy Cox Kings Towne Mobile Home Park mobile home $20000 Michael Ventola to Jane Klez Hoit Road land $45000 rank Merrill to John and Christie Hewes ranklin 30 Hampshire Drive land $119933 Thomas Jordan to Meri Lynn Banton Grove St land and building $49000 Jeannette Shepard and others to Jean and Lucille Gaudette 26 Webster Road land $187000 Michael Burke to Daniel and Judy Callen Jr Mark Road land $95533 Delilah Property Services In to Mark Road Realty Trust 21 Pasture Drive land and build ing $133800 James and Marilyn Herbert to Margaret and Patrick Danis 5 Upland Drive land $94067 Deborah and James Towne to Charles Eber Gilford 20 Cottonwood Drive land and building $154000 LVG Partners to Dale and Cathleen Squires 2817 Lakeshore Drive land $168000 Nick and AnneMarie Mer curi to Anthony Asencio 10 October Lane land and build ing $160000 Mark and Donna Goodwin to Kurt and Marie Grewal 22 Hickory Stick Lane land and building $116533 Mark Labonte to Ryan Southworth Juniper Ridge Road land and building $100000 Eric Stinson to AnneMarie Luscher Revocable Trust Gunstock Hill Road land and building $433000 Alfred Mitchell to Allen and Carol Weiss Gilmanton Lou Lane land $53533 lorence Skantze to Gary and Denise Ambelas Henniker 38 Highland Drive land and build ing $209000 Joseph Ducharme Jr to Stephen and Christine Danforth 39 Tanglewood Drive land and building $137000 Aaron and Char lene Betourney Bedford to Bryan and Brenda White Hilliard Craney Pond Road land $85000 Stephen Bennett and others to Thomas Bateman and others Hillsboro 32 Blair Ave land and building $149933 Dwight and Holly Poland Sr to Rocklin and Joan Cavender 40 Main St land and build ing $105000 John and Josephine Marino to Rosemary Chabot 110 Stowe Mountain Road land and building $141933 Kenneth and Ellen Krevchena to Timothy and Doni Skribiski 221 Bible Hill Road land and building $137533 Bradley and Lori Askins to Stacy Haines and others Mary Rowe Drive land $11000 Hometown Realty LLC to II Sung Hwang 358 Washington Road land $155000 Timothy and Lisa Hooksett Hackett Hill Road land and build ing $285000 Rust amily Trust to Vinewood Development Co LLC 1244 Smyth Road land and build ing $95000 Richard Babel to Judith rederick 26 Bert St land and building $159933 Congregational Church to Maryann rench 4 Brandywine Drive land and building $161600 Village Square Builders Inc to Kenneth and Gabrielle Haskell 146 Londonderry Turnpike land $1000000 Maurice Lheureux Trust to Hill Haven Realty Unit 2 Villages At Granite Hill condo $135000 Donald and Nancy Lacerte to Paula Santacoloma 18 Harmony Drive land $224800 Matthew and Brenda Schofield to Brian and Kathryn Schwartz Unit Contemporary Hollow condo $138933 Travis and Paula Phelps to Robert and Valerie Lynn rank Unit 5 Villages At Granite Hill condo $143000 Brian Currie and others to Lynda Vetter and others Laconia 50 Gilford Ave land and building $87000 Bradley and Deborah itzgerald to Jason and Catherine Clinkscales 11 Dixon St land and building $77800 Ryan Southworth to Cyn thia Kolkowski Lake Paugus land and building $300000 Richard and Marilyn Zellen to Susan Youssef Trust Unit 24B Colonial Hills condo $125000 Catherine Davis to Gre gory and Susan Hamilton 55 Dartmouth St land and build ing $155600 Christopher and Jen nifer Taylor to Brian Lennon Unit 101 Wildwood Village condo $89000 Priscilla Brox to Lucy Dupont Edwards St land and building $85000 Lori Goe to Douglas and Melody Braley Audrey Lane land $50000 KNM Holdings LLC to William and Patricia Colby 41 Dixon St land and building $95733 Tracy Woodman to Robert and Sheryl Devos 126 Washington St land and building $99000 Eva Mae and Harry Severance Trust to Xhevat and Sarah Dreshaj Hillcrest Drive land and building $136000 Gunstock Brook Con struction LLC to William and Michele ridlington Unit D7 Wildwood Village condo $189000 John Hounsell and others to Priscilla Brox and others Route 3 land $230000 Bay Of undy Realty Trust to El ar amily Realty Trust 32 Joliet St land and building $106000 Anne Marie Wilson and others to James Belcher 1995 Revo cable Trust Holman St land $45000 Gre gory Nisotis to Gunstock Brook Con struction LLC Dolloff St land and building $120000 Anna Trombly 1995 Revocable Trust to Michael Perry and others Unit 304 Brickyard Resort condo $55000 Vincent and Shirley Mento Revocable Trust to Russell Poirier 161 Lynnewood Road land $186000 Susan Walsh to Barbara Cleveland Loudon Route 129 land $40000 Landry amily Irrevocable Trust to Robert Bollinger Pittsfield Road land and building $36000 Caleb Lockwood to Robert Bollinger Range Road land and building $10200 Anna Hoyt to Richard Hoyt Lazy Pines Mobile Home Park mobile home $57533 Arlene Humphrey to Joni rawley Clough Pond land and building $119933 Richard and Noreen Nadeau to Stanley and Maureen Prescott II Lovejoy Road land and building $90000 Debra Rattee to Russell and Brenda Pearl Revocable Living Trust Meredith Interlakes Mobile Home Park mobile home $34000 Mikes Mobile Homes to Corey and Yong Lorden 8 Brookhurst Lane land and building $158000 Philip and Phyl lis Danforth Jr to Alfred Luneau New Hampton 166 Pinnacle Hill Road land and building $160000 Geoffrey and Judith Blood to Katharine Villard 165 Blake Hill Road land and build ing $60000 Sharon razier to Kermit razier 546 Lake Winona Road land and building $135000 Elizabeth Alm strom and others to Jeromy Sidelinger and others New London Lake Sunapee land $1520000 Arthur Hayward to William and Gabi Wilson Unit 38 Hilltop Place Cluster Two condo $145000 Dorothy Mozden to Janet Scott Newbury 6 Wildwood Road land $251533 Robert and Cheryl Murphy to Alan and Sandra Rannisto Chalk Pond land and building $199000 Thomas and Margherite Scheidet to rancis and Margaret Kil coyne No address given land $18000 James McAuliffe to Habitat or HumanityKearsarge Northfield 57 Turnpike Road land and build ing $130000 Anne Krupa to Matthew Dupee Northwood Rita Circle land $15000 Edward and Thomas Berthiaume and others to Rita Circle Realty Trust 117 Preve Drive land and build ing $57533 Joseph and Arlene Klocek to Bernard and Deborah Biron Pembroke 238 Academy Road land and build ing $144000 Marc and Karen Noel to Becky Wing and others 145 Smith Ave land and building $162533 Thomas and Lynn Doheny to Kurt Strandson Unit 8 Littlefield condo $107933 Arthur and Theresa Perdikes to Alex Johnson and others 438 Old Borough Road land and building $122000 Robert and Kelly Snair to Kimberly and Brent Rousseau Unit 14 Littlefield condo $110000 Lisa Richards to Alan Johns Pittsfield Webster Mill Road land and build ing $170000 Jume Valentyn and others to Brian and Cynthia Barton Loudon Road land $3533 Leonard and Theresa Chagnon to Robert and Paullette Chagnon Plymouth Maple St land and building $95000 A and Thibeault Trust to Ann Graves Unit A 4 Tenney Brook Village condo $69000 Jeffrey and Lindsey Dill to Richard and Gina Serino Jr Salisbury Mill Road land $50000 Cacel Enterprises Inc to Weeks Realty Trust Sanbornton 67 Circle Point Road land and building $150000 Raymond and Joanne Caprice to Jeffrey and Janice ilter 24 Circle Point Road land and building $108533 George Pollard and others to Jon and Melody Steen bergen Sanborn Road land $17000 Surowiec arm Revocable Trust to Radiant Homes LLC Sanborn Road land $18000 Surowiec arm Revocable Trust to Radiant Homes LLC Sutton 15 Ridge Road land and building $242000 John and Gretchen Ten brook to James and Kristine Knoll IV 89 Roby Road land $141533 David and James Pickman Jr to Suk and Karen Song Sutton Road land and building $140000 Thomas and Gloria en ton to Scott and Cheri Parker Tilton 7 Daniel Drive land and building $114933 Jeffrey and Janice ilter to Neil Gagne and others Colby Road land $12000 Denali Brouillard to Donald Savage Tilton land and building $22000 Albert Sprague to Robert Sprague Warner 69 Main St land and building $250000 Marlon and Deborah Baese to Torbjorn and Jane Bjork Weare 144 8 High Rock Road land $215000 Adele itzgerald to Stuart and Angelica Richmond 118 Sugar Hill Road land and building $165000 Noreen Stanley to Genevieve and Darrin Lofaro High Rock Road land $214000 Barnard Hill Development LLC to Stephen Tripp and others 24 Winter Road land and building $130000 Ronald and Elizabeth Violette to Daniford Martin 52 Hoit Mill Road land $33000 William Boisvert to Thomas and Heidi Walker 42 Hatfield Road land and build ing $35000 Guy and Marie Sher man to Steven Randall and others Hatfield Road land and building $35000 Guy and Marie Sherman to Christopher and Jennifer Porter Jewett Road and Route 149 land and building $23000 Gundars Zal kalns to Mark and Carol Walker Webster 591 Deer Meadow Road land and building $95933 James Loomis to Dale Mitchell Route 127 land $16000 Bruce Roberts to Sherman and Kathleen Stevens 25 Concord Drive land and build ing $110733 John and Bonnie Hyland to Lisa Castelhano and others Wilmot 4 Cross Hill Road land and build ing $163200 Nancy Erickson and others to Peter and Meredith Bird Miller As economy slumps seniors tap home equity to pay bills By SANDRA LEISHMAN The Washington Post Tate and Leonie Baker of Bethesda Md are what you might call seniors with atti tude At 76 and 74 they pull no punches about their beliefs Longtime volunteers with a group that exposes seedy funeral home practices and educates about death and dying the couple are apt to quiz new acquaintances immediately about wills and burial plans just as candid about their lives together starting with their first impressions of each another They met at ages 7 and 8 in dance class was this bratty said Leonie Baker a former registered nurse disliked her countered her husband Tate Baker a retired marketing specialist at the Commerce Department The Bakers have been married for 53 years So when you ask why the couple recently took out a reverse mortgage on their comfy Cape Cod which cost them $44000 when they bought it and could fetch $300000 today they are equally open and blunt need more Leonie Baker said With their income flat for the past four years stocks deflating and medical and liv ing expenses rising were looking for a way that we could get more cash on a monthly said Tate Baker a World War II veteran were running out of The Bakers got a federally insured reverse mortgage on the house they bought 30 years ago That is a mortgage yes a mortgage that pays them instead of the Bakers paying the mortgage company Although they receive only a percentage of the value because of the permutations of reverse mortgage loans they can stay in the house as long as they live and the mortgage would pay them $1000 a month' The Bakers are not alone these days in looking to their biggest asset their house as a way to get cash Interest in home equity loans and reverse mortgages is at record highs but equity loans have to be paid off each month requir ing a source of income The big attraction of a reverse mortgage a loan available to people 62 and older who have equity in their homes is that the loan typically does not have to be paid back until the owner dies sells the home or moves out for a year If the heirs want to keep the fam ily home they can use money from the estate or other sources to pay off the loan Reverse mortgages work like a regular mortgage only in reverse Instead of the borrower sending a pay ment to the lender the lender sends a pay ment to the borrower The equity grows each year rather than the The title remains with the borrower as long as the property taxes and insurance are paid and the property is maintained When the last surviving borrower moves out sells or dies the loan must be repaid The borrower can never owe more than the value of the house to which the lender has agreed If the amount owed to the lender is less than what the house is worth after the loan is repaid then the borrower or the estate keeps the amount left over The amount of money a borrower gets depends on several variables including the value the costs associated with the type of loan product the age and state and federal regulations said Ken Scholen founder of the National Center for Home Equity Conversion inde pendent nonprofit group was founded 20 years ago to educate consumers about reverse mortgages The loan payout can be in the form of monthly payments a credit line a lump sum or some combination although about 75 per cent of borrowers choose the credit line said annie Mae the only secondary market buyer of the loans to date With three different loan products carry ing different costs and interest rates the cal culations can be daunting consumer and industry groups admit Borrowers need to understand that their age plays a big role in the calculations which set loans to match life expectancies Though the deal may look appealing at 62 the younger the borrower the less money the borrower can receive age 62 a borrower could get roughly 30 (percent) to 35 percent of the value of the Scholen said 75 get about 45 (percent) to 55 percent Those 80 and older get The typical borrower is 75 to 76 years old he said With home values up 30 percent since 1995 and interest rates dropping those who are older than 62 and are house rich but cash poor should at least do the math con sumer and industry experts said a personal that some seniors even contemplate having lived through the Depression and vowed to own their home free and clear said Bronwyn Belling reverse mortgage expert it may make sense for some people to use the equity built up in their home if they need it while still Interest in reverse mortgages has been building steadily in the past 10 years as reg ulators added consumer protections and dis closure laws to respond to concerns raised about the first products developed In the 1980s the first reverse mortgages were con sidered too risky for most homeowners Many had to be paid back on a specific date which meant some borrowers could lose their houses Lenders allowing borrow ers to stay indefinitely could be expensive requiring that borrowers agree to give up a fixed percent of their home equity or future appreciation nonprofit group and AARP worked for years with federal housing agen cies to develop federally insured reverse mortgages with limits on closing costs and fees The first and only federally backed pro gram the Home Equity Conversion Mort gage (HECM) began as a demonstration in 1989 and is now the loan of choice for more than 90 percent of the borrowers 1 I.