NOT LISTED FOR SALE

1 Rye Ln Rye, NH 03870

Estimated Value: $1,205,000 - $2,200,000

4 Beds
3 Baths
2,800 Sq Ft
$635/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $585,000 $209 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $10,157/month

220 Days on Market

Highlights

  • Cape Cod Architecture
  • Multiple Fireplaces
  • Corner Lot
  • Rye Elementary School Rated A
  • Main Floor Bedroom
  • 2 Car Direct Access Garage

About This Home

As of October 2019

The best value in Rye. Assessed value is $689,000 and now offered for $599,999. Large Cape style home with a great location close to Wallis Sands Beach. Can’t find a parking place at Peteys Restaurant, it’s a short walk. This home was built in 1974 on the original site of the Grandparents home using some of the doors and paneling of the cottage. A combination of 3 lots with frontage on 3 streets, Parkridge, Rye Lane and Oceanview. Generations have loved summer at the beach but now it's time to let others have the fun of rehabbing and decorating this home. 1st floor living with Master Bedrm and Bath plus 2nd Bedrm, Office, Kitchen, Dining Rm, Living Rm and Sun Porch. 2nd floor has 2 Bedrms and Family Rm. Lg Exercise or Craft Rm over the attached 2 Car Garage, this home will accommodate all your family and friends. Close to a beautiful beach but away from all the traffic. Taxes reflect $105,000 Elderly exemption discount. Make wonderful memories here in Rye at Wallis Sands Beach. This is a great town to live in, if it’s too quiet Portsmouth is only a 15 minute drive away. Can be shown 24/7.

Last Agent to Sell the Property

Judith Tracey

Coldwell Banker Realty Portsmouth NH Brokerage Phone: 603-334-1900 License #007687 Listed on: 03/01/2019

Coldwell Banker Realty Portsmouth NH

Co-Listed By

Chris Drake

Coldwell Banker Realty Portsmouth NH Brokerage Phone: 603-334-1900 License #070641

Last Buyer's Agent

Marie Drake

Coldwell Banker Realty Portsmouth NH License #070642

Coldwell Banker Realty Portsmouth NH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,695

Year Built

  • Built in 1974

Lot Details

  • 0.32 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Garden
  • Property is zoned General Residence

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Masonite

Interior Spaces

  • 1.75-Story Property
  • Woodwork
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Schools

  • Rye Elementary School
  • Rye Junior High School
  • Portsmouth High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heating System Uses Kerosene
  • 200+ Amp Service
  • Septic Tank
  • Leach Field
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 242,255,256 / 028

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,695

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: Ocean Blvd heading North, turn left onto Wallis Rd. Second Street on the right, Oceanview, Rye Lane has 1 home, cuts through to Parkridge. Home is on one of the largest lots. A combination of 3 lots.
  • Assessment Amount: 689500
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 208.93
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1974
  • List Agent: 13954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Range - Electric, Refrigerator, Washer
  • Equipment: Smoke Detectr-Batt Powrd
  • Features Accessibility: 1st Floor 3/4 Bathroom, 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Laundry
  • Features Interior: Fireplace - Wood, Fireplaces - 2, Living/Dining, Primary BR w/ BA, Natural Woodwork, Wood Stove Insert, Laundry - 1st Floor
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Full, Sump Pump, Unfinished
  • Level 1: Level 1: Dining Room, Level 1: Family Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Primary Bdm Ste
  • Level 2: Level 2: Bedroom, Level 2: Office/Study, Level 2: Playroom, Level 2: Studio
  • Room 1: Living Room, 15 x15, On Level: 1
  • Room 2: Dining Room, 12 x 12, On Level: 1
  • Room 3: Kitchen, 12 x 15, On Level: 1
  • Room 4: Family Room, 13 x 21, On Level: 1
  • Room 5: 1, 14 x 14
  • Room 6: Office/Study, 12 x 12, On Level: 2
  • Room 7: Bedroom, 12 x 14, On Level: 2
  • Room 8: Bedroom, 12 x 12, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: 2, 22 x 22
  • Room 11: Playroom, On Level: 2
  • Sq Ft - Apx Finished AG: 2800
  • Sq Ft - Apx Total: 4884
  • Sq Ft - Apx Total Finished: 2800
  • Sq Ft - Apx Unfinished BG: 1584
  • Sq Ft - Apx Unfinished AG: 500

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard, Masonite, Wood
  • Foundation: Concrete, Poured Concrete
  • Road Frontage: Yes
  • Roads: Gravel, Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Garden Space

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Garage, Paved
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Auto Open, Direct Entry, Storage Above

Utilities

  • Cable Company: Xfinity
  • Electric: 200 Amp, Circuit Breaker(s)
  • Fuel Company: Rye Energy
  • Sewer: 1500+ Gallon, Concrete, Leach Field - Conventionl, Septic
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Kerosene, Oil, Wood
  • Heating: Baseboard, Electric, Hot Water, Multi Zone
  • Cooling: Wall AC Units
  • Electric Company: Eversource
  • Phone Company: Xfinity
  • Utilities: Cable, Telephone At Site

Schools

  • Elementary School: Rye Elementary School
  • High School: Portsmouth High School

Lot Info

  • Map: 194
  • Lot: 242,255,256
  • Lot Sq Ft: 13939
  • Lot Acres: 0.32
  • Lot Description: Corner, Landscaped, Level, Major Road Frontage
  • Surveyed: Yes
  • Surveyed By: Durgan
  • Zoning: General Residence
  • Deed Book: 3224
  • Deed Page: 1058
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Gross Amount: 5695
  • Tax Year: 2018

MLS Schools

  • School Middle Jr: Rye Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Oct 25, 2019
Sold by
Dorothy L Bloom Ret and Bragg
Bought by
Latvis Charles P and Latvis Joy M
Seller's Agent
Judith Tracey
Coldwell Banker Realty Portsmouth NH
Buyer's Agent
Marie Drake
Coldwell Banker Realty Portsmouth NH
List Price
$642,000
Sold Price
$585,000
Premium/Discount to List
-$57,000
-8.88%
Current Estimated Value
$1,777,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,192,257
Avg. Annual Appreciation
19.63%
Original Mortgage
$468,000
Outstanding Balance
$412,536
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,364,721
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Latvis Charles P $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latvis Charles P $468,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $585,000 -2.5% $209 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
09/07/2019 09/07/19 Price Changed $599,999 -1.6% $214 / Sq Ft
06/25/2019 06/25/19 Price Changed $610,000 -5.0% $218 / Sq Ft
04/25/2019 04/25/19 For Sale $642,000 0.0% $229 / Sq Ft
04/25/2019 04/25/19 Price Changed $642,000 -2.0% $229 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $655,000 -- $234 / Sq Ft
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 $10,366 $1,197,000 $702,600 $494,400
2023 $9,612 $1,197,000 $702,600 $494,400
2022 $8,355 $1,197,000 $702,600 $494,400
2021 $8,034 $786,100 $430,800 $355,300
2020 $8,036 $786,300 $431,000 $355,300
2019 $7,454 $729,400 $431,000 $298,400
2018 $6,971 $689,500 $431,000 $258,500
2017 $6,971 $689,500 $431,000 $258,500
2016 $6,653 $622,900 $326,400 $296,500
2013 $6,739 $614,300 $326,400 $287,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4738397

PrimeMLS

APN: 194 028