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Old 01-19-2018, 07:31 AM
 
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Bob Bahre's 63,000 sq ft home was listed as pending and then listing was removed. Originally listed at 49 million and 2 years later it was down to 19.8 million. Any realtors know the deal on it?


https://www.youtube.com/watch?v=HLUefwT0v9M
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Old 01-19-2018, 02:49 PM
 
Location: states without income tax ;)
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Went under contract 12/22/17. Listing "expired" two days ago. You can't manually set a listing to "expired," so it was set to expire on the 17th and the listing agent hasn't noticed that it's pulled from the MLS. They will likely notice soon and fix it, or when it closes they will update with closing price.
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Old 01-19-2018, 03:17 PM
 
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It stands to reason that anyone who can afford to buy the Bahre property can pay cash, no lengthy escrow period required. I wonder what the property tax is on that estate?
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Old 01-19-2018, 05:24 PM
 
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Quote:
Originally Posted by Wells5 View Post
It stands to reason that anyone who can afford to buy the Bahre property can pay cash, no lengthy escrow period required. I wonder what the property tax is on that estate?
I think it was about 200K for each house (2 separate properties plus 2 empty lots).

One of the news outlets said it was the biggest house in the state of NH.

I would bet those 2 homes and surrounding land cost at least 750K a year to operate (utilities, taxes, maintenance, insurance, staff)
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Old 01-19-2018, 05:26 PM
 
Location: states without income tax ;)
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Taxes are 309k a year. 86k a year to heat both properties.
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Old 01-20-2018, 08:08 AM
 
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Originally Posted by LeviDunn View Post
Taxes are 309k a year. 86k a year to heat both properties.

Do you think that the new owner will appeal?
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Old 01-20-2018, 01:28 PM
 
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Please post if there is a live in property caretaker job involved and where to apply.
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Old 01-28-2018, 08:48 AM
 
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None of the super helpful area realtors can verify the biggest sale in the state's history?
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Old 01-29-2018, 03:40 PM
KCZ
 
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Were both properties sold, or under contract? My understanding was that they had been separated and were being sold individually after they had been on the market for a while.
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Old 01-29-2018, 04:17 PM
 
Location: Southern New Hampshire
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Don't know if I am a "super helpful realtor" but these properties were listed both as a single parcel and also individually at the time the status in MLS changed to expired. They went under agreement with a kick-out clause, which means the buyer had some sort of contingency that needed to be met for the property to close. This contingency could be anything from a home sale, a cash-out or 1031 exchange. Details of the contract are between the parties and their agent, not public knowledge. AFTER the property closes, we will have access to some info, but private details are private.

Hopefully the listing agent reactivates the listing(s) on MLS so that we can see when they close instead of waiting for publication in an industry newsletter...

Quote:
Originally Posted by City Guy997S View Post
None of the super helpful area realtors can verify the biggest sale in the state's history?
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