NOT LISTED FOR SALE

142 Summit Rd New London, NH 03257

Estimated Value: $1,258,991 - $1,577,000

3 Beds
3 Baths
3,018 Sq Ft
$470/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $838,000 $278 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $9,162/month

34 Days on Market

Highlights

  • Spa
  • Mountain View
  • Contemporary Architecture
  • 9.26 Acre Lot
  • Deck
  • Secluded Lot

About This Home

As of October 2019

Located at the summit of the former King Ridge ski area, this beautiful contemporary home captures the natural tranquility of the landscape making it a perfect year-round sanctuary or vacation retreat. The exterior of the home features thoughtfully designed perennial gardens and beautiful hardscapes that allow you to fully appreciate the surrounding landscape. There’s also an expansive deck that overlooks the backyard and the mountain views. Walking through the front door you’ll find mahogany floors flowing throughout, oversized windows with transom accents and nine-foot-high ceilings. On the main level there is a large living room with a granite fireplace that opens into the kitchen—complete with granite countertops and custom cabinetry. Off the kitchen you’ll find a sitting area, perfect for enjoying your morning coffee. Also on this level is a first-floor bedroom, bathroom, a TV room, another sitting area with built-in bookshelves, and a large mudroom that connects to the three-car garage. Upstairs there is a second guest bedroom and an elegant master suite with a large walk-in closet and ensuite bathroom with a dual vanity, soaking tub and walk-in tiled shower. If you’re looking for additional space, you’ll find it in the lower level—two large rooms are ready to use as a gym, office, playroom, etc. Abutting 600 acres of conservation land, this home offers privacy, yet is only a short drive to Mount Sunapee, Lake Sunapee and the New London town center.

Last Agent to Sell the Property

Dan O'Halloran

KW Coastal and Lakes & Mountains Realty/N.London Brokerage Phone: 603-252-6428 License #061238 Listed on: 04/03/2019

KW Coastal and Lakes & Mountains Realty/N.London

Last Buyer's Agent

Dan O'Halloran

KW Coastal and Lakes & Mountains Realty/N.London Brokerage Phone: 603-252-6428 License #061238 Listed on: 04/03/2019

KW Coastal and Lakes & Mountains Realty/N.London

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,266

Year Built

  • Built in 2003

Lot Details

  • 9.26 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Secluded Lot
  • Level Lot
  • Property is zoned RURAL

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Interior Basement Entry

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Schools

  • Kearsarge Elementary New London
  • Kearsarge Regional Middle Sch
  • Kearsarge Regional High School

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Drilled Well
  • Oil Water Heater
  • Private Sewer
  • Leach Field
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 291 / 525

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,266

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Contemporary
  • Directions: Route 11 to King Hill Rd, to Basin Rd, Right onto Summit Rd. Property on Right at the top of the hill. No sign
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 277.67
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 2003
  • List Agent: 8442
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Gas, Dishwasher - Energy Star, Dryer, Microwave, Oven - Wall, Refrigerator, Washer
  • Features Interior: Cathedral Ceiling, Fireplace - Wood, Hearth, Hot Tub, Primary BR w/ BA, Natural Light, Vaulted Ceiling, Walk-in Closet, Laundry - 2nd Floor
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Finished
  • Level 1: Level 1: Bedroom, Level 1: Den, Level 1: Dining Room, Level 1: Foyer, Level 1: Kitchen, Level 1: Primary Bedroom, Level 1: Mudroom, Level 1: Office/Study, Level 1: Other
  • Level 2: Level 2: Bedroom, Level 2: Laundry Room
  • Basement Level Rooms: Level B: Exercise Room, Level B: Family Room, Level B: Wine Cellar
  • Room 1: Mudroom, 9.2x12.6, On Level: 1
  • Room 2: Bedroom, 9.6x12.9, On Level: 1
  • Room 3: Den, 11.3x15.5, On Level: 1
  • Room 4: Office/Study, 7.5x9, On Level: 1
  • Room 5: 1, 11.4x13.4
  • Room 6: Dining Room, 16x17, On Level: 1
  • Room 7: Kitchen, 11.5x11.10, On Level: 1
  • Room 8: Other, 7.5x9, On Level: 1
  • Room 9: Primary Bedroom, 14.6x17, On Level: 1
  • Room 10: 2, 5.2x5x10
  • Room 11: Bedroom, 10.11x11.8, On Level: 2
  • Room 12: Family Room, 14.11x19.1, On Level: Basement
  • Room 13: Exercise Room, 15.3x23, On Level: Basement
  • Room 14: Wine Cellar, 8.3x11.3, On Level: Basement
  • Sq Ft - Apx Finished AG: 3018
  • Sq Ft - Apx Finished BG: 718
  • Sq Ft - Apx Total: 3736
  • Sq Ft - Apx Total Finished: 3736

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Shake
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Cul-de-Sac
  • Roof: Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Deck, Hot Tub

Garage/Parking

  • Garage Capacity: 3
  • Garage Type: Attached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Leach Field, Private
  • Water: Drilled Well
  • Water Heater: Off Boiler, Oil
  • Heating Fuel: Oil
  • Heating: Radiant
  • Utilities: High Speed Intrnt -Avail

Schools

  • Elementary School: Kearsarge Elem New London
  • High School: Kearsarge Regional HS

Lot Info

  • Map: 10
  • Lot: 291
  • Lot Sq Ft: 403366
  • Lot Acres: 9.26
  • Lot Description: Landscaped, Level, Mountain View, Secluded, Sloping, Subdivision
  • Surveyed: Unknown
  • Zoning: RURAL
  • Deed Book: 3563
  • Deed Page: 2070
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 14266
  • Tax Year: 2018

MLS Schools

  • School District: Kearsarge Sch Dst SAU #65
  • School Middle Jr: Kearsarge Regional Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Oct 15, 2019
Sold by
Riccio Jason
Bought by
Morrison Stephanie N and Morrison Todd H
Seller's Agent
Dan O'Halloran
KW Coastal and Lakes & Mountains Realty/N.London
Buyer's Agent
Dan O'Halloran
KW Coastal and Lakes & Mountains Realty/N.London
List Price
$850,000
Sold Price
$838,000
Premium/Discount to List
-$12,000
-1.41%
Current Estimated Value
$1,418,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,997
Avg. Annual Appreciation
8.94%
Original Mortgage
$670,400
Outstanding Balance
$583,467
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$835,530

Purchase Details

Closed on
Jul 19, 2017
Sold by
Riccio Jason and Riccio Nicole M
Bought by
Riccio Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,000
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2012
Sold by
Whitaker Michael and Dipasquale Anna Marie
Bought by
Riccio Jason A and Riccio Nicole M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morrison Stephanie N $838,000 --
Riccio Jason A -- --
Riccio Jason A -- --
Riccio Jason A $750,000 --
Riccio Jason A $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Stephanie N $670,400
Previous Owner Riccio Jason A $523,000
Closed Riccio Jason A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2019 10/15/19 Sold $838,000 -1.4% $278 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $850,000 -- $282 / 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 $20,644 $766,290 $293,600 $472,690
2023 $19,441 $766,290 $293,600 $472,690
2022 $18,514 $766,290 $293,600 $472,690
2021 $18,514 $766,290 $293,600 $472,690
2020 $19,058 $766,290 $293,600 $472,690
2019 $15,309 $508,790 $198,200 $310,590
2016 $13,727 $508,790 $198,200 $310,590
2015 $13,727 $508,790 $198,200 $310,590
2014 $12,240 $506,000 $181,520 $324,480
2012 $10,914 $506,000 $181,520 $324,480
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4743462

PrimeMLS

APN: SUTN-000010-000525-000291