Laconia Board of Assessors approves abatements, trims assessed values for multiple properties

The Laconia Board of Assessors voted on May 28, 2026, to grant abatements reducing assessed values on multiple properties, including several units at Eastern Shores Condominium, a year‑round condominium at 25 Lantern Circle, a two‑family residence on Union Avenue and Big Island off Paugus Park Road. Acting board chair Jim Rice called the meeting to order at 9:01 a.m. in City Hall Conference Room 200B.

Board members said financial comparisons, updated condition inspections and recent changes to condominium bylaws informed their decisions. Several abatement approvals cited a new prohibition on short‑term rentals in Eastern Shores Condominium, which staff treated as an external obsolescence and reflected by applying a 10% depreciation adjustment for affected seasonal units.

The board approved these abatements and adjustments:

• Timothy and Maryann Glynn, unit #20, 144 Lake St.: The board reduced the 2025 assessed value from $622,000 to $534,000, an $88,000 abatement. The unit was described as 612 square feet of living space with a 384‑square‑foot finished basement, two wood decks and a small open porch. Motion by Karen Mudgett; second by Richard Tracy; passed unanimously.

• Domenic Dalleva and Lisa Hurley, unit #10, 144 Lake St.: The board reduced the assessment from $809,600 to $727,900, an $81,700 abatement for a 768‑square‑foot unit with a 384‑square‑foot unfinished basement and outdoor amenities. Motion by Jim Rice; second by Karen Mudgett; passed unanimously.

• Craig Anderson, unit #14, 144 Lake St.: The taxpayer submitted two appraisals (one report section was omitted to the board). With comparable sale ranges cited at roughly $600,000–$900,000 and the 10% external obsolescence applied, the board reduced the assessed value from $942,400 to $847,300, a $95,100 abatement. Motion by Richard Tracy; second by Jim Rice; passed unanimously.

• Brendan & Lori Trust, 25 Lantern Circle (year‑round condominium): Staff presented a sales‑comparison grid with adjusted comparable values ranging approximately $778,100–$920,200 and recommended a depreciation adjustment because the subject unit was newer than most comparables. The board reduced the assessed value from $1,009,100 to $907,200, a $101,900 abatement. Motion by Jim Rice; second by Richard Tracy; motion carried 2–1 (the transcript records a 2–1 vote but does not name the dissenting member).

• Robert & Irene Tyler, 1063 Union Avenue (two‑family residence): Following an inspection that documented physical deficiencies, the board applied an under‑construction percent‑good of 40% to reflect current condition and reduced the assessed value from $445,900 to $407,600, a $38,300 abatement. Motion by Richard Tracy; second by Karen Mudgett; passed unanimously.

• Paugus Big Island LLC, Big Island off Paugus Park Road: The property (2.29 acres with a dilapidated seasonal camp, no road access) had a related‑party sale reported in 2024 at $1,890,000; staff adjusted the land condition factor from 0.80 to 0.75. The board reduced the assessed value from $2,213,600 to $2,083,900, a $129,700 abatement. Motion by Jim Rice; second by Karen Mudgett; passed unanimously.

The board briefly entered a non‑public session under RSA 91‑A:3 II(c) at 9:51 a.m. to discuss matters “that could adversely affect the reputation of the applicant” and returned to public session at 9:54 a.m. After the return the board signed abatement slips, a land‑use change tax warrant and real estate tax warrants; it also granted a separate request related to 35 Tower St. The board scheduled its next regular meeting for June 18, 2026, at 9:00 a.m. and adjourned at 9:57 a.m.

Tara Baker served as recording secretary and is listed as BOA clerk on the meeting submission.