NOT LISTED FOR SALE

Estimated Value: $1,171,000 - $1,625,000

2.8 Acres
$495,126 Price per Acre
121,968 Sq Ft Lot

Last Sold December 14, 2021

Last sale price $979,000 $494 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,888/month

1 Day on Market

Highlights

  • Pond View
  • 2.8 Acre Lot
  • Wooded Lot
  • New Franklin School Rated A
  • Secluded Lot

About This Lot

As of December 2021

Fully permitted 4-lot subdivision through the City of Portsmouth. Existing home to be razed and new home lots to be subdivided. All public utilities were existing or at-street.

Last Agent to Sell the Property

Andrew Samonas

Samonas Realty, LLC License #072860 Listed on: 12/14/2021

Last Buyer's Agent

Andrew Samonas

Samonas Realty, LLC License #072860 Listed on: 12/14/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,186

Lot Details

  • 2.8 Acre Lot
  • Secluded Lot
  • Corner Lot
  • Lot Sloped Up
  • Wooded Lot
  • 4 Lots in the community
  • Property is zoned SRES

Additional Features

  • Pond Views
  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Tax Block 0033

Property Details

Property Type

Land

Est. Annual Taxes

$16,186

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Off Cutts St. Last driveway on the right
  • Flood Zone: Unknown
  • Price Per Sq Ft: 349642.86
  • Property Class: Land
  • Permit Status: Local - Issued, State - Issued
  • Remarks Public: Fully permitted 4-lot subdivision through the City of Portsmouth. Existing home to be razed and new home lots to be subdivided. All public utilities were existing or at-street.
  • List Agent: 281875
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: Association, Public
  • Easements: Yes
  • Water Body Type: Pond
  • Water Body Name 2: North Mill Pond
  • Water View: Yes

Utilities

  • Electric: At Street
  • Sewer: Public Sewer At Street
  • Water: Public
  • Utilities: Gas - At Street

Lot Info

  • Map: 0209
  • Lot: 0000
  • Lot Sq Ft: 121968
  • Lot Acres: 2.8
  • Lot Description: Corner, Curbing, Pond Frontage, Secluded, Subdivision, Wooded
  • Surveyed: Yes
  • Zoning: SRES
  • Total Lots: 4
  • Deed Book: 5200
  • Deed Page: 1329
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Dec 1, 2021
Sold by
Frederick W Watson Ret and Watson
Bought by
Chinburg Development Llc
Seller's Agent
Andrew Samonas
Samonas Realty, LLC
Buyer's Agent
Andrew Samonas
Samonas Realty, LLC
List Price
$979,000
Sold Price
$979,000
Current Estimated Value
$1,386,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,354
Avg. Annual Appreciation
9.45%
Original Mortgage
$1,800,000
Outstanding Balance
$1,659,575
Interest Rate
3.14%
Mortgage Type
Construction
Estimated Equity
-$291,105

Purchase Details

Closed on
Jul 14, 1992
Bought by
Frederick W Watson Ret
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chinburg Development Llc $979,000 None Available
Frederick W Watson Ret $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albertini Taylor $725,000
Open Chinburg Development Llc $1,800,000
Closed Cinburg Development Llc $1,102,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $979,000 0.0% $494 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $979,000 0.0% $494 / Sq Ft
02/21/2018 02/21/18 Rented $2,500 0.0% --
02/17/2018 02/17/18 Under Contract -- -- --
01/17/2018 01/17/18 For Rent $2,500 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,186 $1,447,800 $508,500 $939,300
2023 $9,292 $576,100 $311,600 $264,500
2022 $4,226 $278,000 $278,000 $0
2021 $7,565 $503,300 $278,000 $225,300
2020 $7,897 $537,200 $311,900 $225,300
2019 $7,983 $537,200 $311,900 $225,300
2018 $6,938 $487,200 $283,400 $203,800
2017 $6,348 $465,400 $261,600 $203,800
2016 $6,538 $383,700 $212,200 $171,500
2015 $6,442 $383,700 $212,200 $171,500
2014 $6,234 $344,400 $175,900 $168,500
2013 $6,168 $344,400 $175,900 $168,500
2012 $5,944 $338,700 $175,900 $162,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4893340

PrimeMLS

APN: PRSM-000209-000033