NOT LISTED FOR SALE

1248 Ocean Blvd Rye, NH 03870

Estimated Value: $2,401,000 - $4,735,000

3 Beds
1 Bath
1,440 Sq Ft
$2,246/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $1,500,000 $1,042 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $18,800/month

14 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Colonial Architecture
  • Rye Elementary School Rated A

About This Home

As of September 2018

Location, location, location! Sitting directly on beautiful Wallis Sands Beach, this summer beach cottage has been in the same family since 1920 - now they are offering it for sale for you to start your years of memories! Watch incredible sunrises from your wrap around porch, play in the surf and sand all day, and have dinner on the front lawn! Buy now and spend August at the beach!

Last Agent to Sell the Property

Nicholas Ponte

Carey Giampa, LLC/Portsmouth License #069268 Listed on: 06/12/2018

Carey Giampa, LLC/Portsmouth

Last Buyer's Agent

Peggy McEachern

Carey Giampa, LLC/Rye License #065471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,414

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Sloped Up
  • Property is zoned GRES

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Stone Driveway
  • Dirt Driveway

Outdoor Features

  • Beach Access
  • Water Access

Schools

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

Utilities

  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Block 048

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,414

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: RT 1A North, Wallis Sands, Oceanside.
  • Flood Zone: Unknown
  • Assessment Amount: 1722500
  • Assessment Year: 2017
  • Construction: Existing
  • Seasonal: Yes
  • Total Stories: 2
  • Price Per Sq Ft: 1041.67
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Partial, Unfinished
  • Sq Ft - Apx Finished AG: 1440
  • Sq Ft - Apx Total: 1536
  • Sq Ft - Apx Total Finished: 1440
  • Sq Ft - Apx Unfinished BG: 96

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Dirt, Right-Of-Way (ROW)
  • Exterior: Clapboard, Shingle
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Private
  • Roof: Shingle
  • Water Body Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Water Access Details: Beach Access
  • Waterfront: Yes
  • Water View: Yes

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Septic
  • Water: Public
  • Water Heater: Electric

Schools

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

Lot Info

  • Map: 173
  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: Beach Access, Water View, Waterfront
  • Surveyed: Unknown
  • Zoning: GRES
  • Deed Book: 5807
  • Deed Page: 2398
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Gross Amount: 17414
  • Tax Year: 2017

MLS Schools

  • School Middle Jr: Rye Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Sep 14, 2018
Sold by
Shouse Rebecca A and Shouse Kathryn C
Bought by
Lisa L Lombard Irt and Jostrom
Seller's Agent
Nicholas Ponte
Carey Giampa, LLC/Portsmouth
Buyer's Agent
Peggy McEachern
Carey Giampa, LLC/Rye
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
Current Estimated Value
$3,233,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,733,969
Avg. Annual Appreciation
11.19%

Purchase Details

Closed on
Nov 8, 2013
Sold by
Shouse William
Bought by
Shouse Rebecca A and Shouse Kathryn C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lisa L Lombard Irt $1,500,000 --
Shouse Rebecca A -- --
Shouse Rebecca A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $1,500,000 -6.2% $1,042 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $1,599,000 -- $1,110 / 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 $22,068 $2,548,300 $2,192,800 $355,500
2023 $20,463 $2,548,300 $2,192,800 $355,500
2022 $16,707 $2,393,500 $2,192,800 $200,700
2021 $17,159 $1,679,000 $1,612,600 $66,400
2020 $17,604 $1,722,500 $1,612,600 $109,900
2019 $17,604 $1,722,500 $1,612,600 $109,900
2018 $17,414 $1,722,500 $1,612,600 $109,900
2017 $17,414 $1,722,500 $1,612,600 $109,900
2016 $15,092 $1,413,100 $1,303,200 $109,900
2013 $15,344 $1,398,700 $1,303,200 $95,500
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Ponte

    Seller's Agent in 2018

    Nicholas Ponte

    Carey Giampa, LLC/Portsmouth

    (603) 918-7593

    3 in this area

    61 Total Sales

    Nicholas Ponte
    Section Image

  • P

    Buyer's Agent in 2018

    Peggy McEachern

    Carey Giampa, LLC/Rye

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Map

Source: PrimeMLS

MLS Number: 4700811

PrimeMLS

APN: RYEE-000173-000000-000048

New Hampshire Rockingham County Rye 03870

1248 Ocean Blvd, Rye, NH

Not Listed for Sale

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