NOT LISTED FOR SALE

1497 Ocean Blvd Rye, NH 03870

7 Beds
7 Baths
3,252 Sq Ft
18,295 Sq Ft Lot

Last Sold June 09, 2023

Last sale price $2,275,000 $700 Per Sq Ft

43 Days on Market

Highlights

  • Waterfront
  • 2 Car Detached Garage
  • Wood Siding
  • Rye Elementary School Rated A
  • High Speed Internet
  • Heating System Uses Gas

About This Home

As of June 2023

This multi-family 4-unit property is being offered to the market for the first time in 45 years. Prime location directly across the street from Foss Beach with Ocean views from almost every single room. The home sits up nicely on the lot giving it good elevation so even the first floor has views of the Atlantic Ocean This special property is comprised of 2 buildings, a single detached home and a 3-unit building. The detached home consists of 2 outdoor sitting areas, 1 bedroom, sleeping nook, full and ½ bath plus 2nd floor open concept living area to take advantage of the views. The 3 story building has 1 living unit on each level. The 1st floor is a 2 bed/1.5 bath plus deck, the 2nd floor is 2 bed/1 bath plus 3-season porch and the 3rd floor is 2 bed/1.5 bath with it’s own private deck. All units have their own washer/dryer and dishwasher. Plenty of parking on-site as well as 2 car garage outbuilding which is currently being utilized as storage. Many uses for this versatile property include a perfect family compound or an income producing property on the Ocean or a combination of owner occupied with rental income. What a way to start the day, sipping coffee on your deck while the sun rises or an early morning walk at Foss Beach. Come start your sea glass collection today! Floor plans and 3D tour available. Agents please see non-public remarks.

Last Agent to Sell the Property

Emil Uliano

Great Island Realty LLC License #067788 Listed on: 03/13/2023

Last Buyer's Agent

Darlene Dolan

Harris Real Estate License #060158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,245

Year Built

  • Built in 1910

Lot Details

  • 0.42 Acre Lot
  • Waterfront
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,252 Sq Ft Home
  • 3-Story Property
  • Water Views

Basement

  • Walk-Out Basement
  • Crawl Space

Schools

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

Utilities

  • Heating System Uses Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,245

Year Built

Built in 1910

Lot Details

0.42 Acres

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Washington Rd to Ocean Blvd
  • Flood Zone: Unknown
  • Assessment Amount: 1324500
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 699.57
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3252
  • Sq Ft - Apx Total Finished: 3252
  • Year Built: 1910
  • List Agent: 13241
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Crawl Space
  • Sq Ft - Apx Finished AG: 3252

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Shingle, Wood
  • Foundation: Concrete, Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Membrane, Shingle

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Septic
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric, Gas - LP/Bottle, Oil
  • Heating: Electric, Hot Air
  • Utilities: Internet - Cable

Schools

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

Lot Info

  • Map: 13
  • Lot: 50
  • Lot Sq Ft: 18295
  • Lot Acres: 0.42
  • Lot Description: Water View, Waterfront
  • Surveyed: Yes
  • Surveyed By: Ambit
  • Zoning: GRES
  • Deed Book: 2329
  • Deed Page: 1344
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 9245
  • Tax Year: 2022

MLS Schools

  • School District: Rye
  • School Middle Jr: Rye Junior High School
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $2,275,000 -8.8% $700 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $2,495,000 -- $767 / Sq Ft
Source: PrimeMLS

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 $11,388 $1,315,000 $1,000,800 $314,200
2023 $10,559 $1,315,000 $1,000,800 $314,200
2022 $9,245 $1,324,500 $1,000,800 $323,700
2021 $9,638 $943,100 $618,100 $325,000
2020 $3,882 $943,100 $618,100 $325,000
2019 $9,638 $943,100 $618,100 $325,000
2018 $3,240 $943,100 $618,100 $325,000
2017 $2,701 $943,100 $618,100 $325,000
2016 $5,473 $822,200 $499,300 $322,900
2013 $9,353 $852,600 $624,200 $228,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4945376

PrimeMLS
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