NOT LISTED FOR SALE

15 Sagamore Rd Rye, NH 03870

Rye Area

Estimated Value: $2,266,794

2.02 Acres
$1,122,175 Price per Acre
87,991 Sq Ft Lot

Sale Details

Date Sold: May 15, 2024

Last sale price $2,100,000

Est. 8% increase in value since last sale

Current estimated payment $12,887 / mo

98 Days on Market

About This Lot

As of May 2024

Investors & builders take notice of this extremely rare opportunity to develop "Split Rock Place" at Foyes Corner in Rye! This 2.02 acre mixed use property has full municipal approvals for 9 units: 3 free standing residential units tucked back behind 2 commercial buildings which are comprised of 6 commercial condo units. The beautifully designed Split Rock Place will be a further enhancement to this growing hub in Rye, centrally located in between downtown Portsmouth, the Rt 1 commercial district and Rye's oceanfront communities. An oversized pergola covered 2-level patio adds to the appealing facade of the project. This property features excellent visibility on Sagamore Rd. with approx. 259' of frontage, a generous amount of parking, and will be serviced by Portsmouth public water & sewer. Located among other popular businesses including The Atlantic Grill, Park'd and Summer Home Furnishings, and in close proximity to downtown Portsmouth and other shopping destinations on Rte. 1, this is one of Rye's premier locations. Don't miss the opportunity to own an important piece of this highly sought after Seacoast location!

Last Agent to Sell the Property

Erin Proulx

KW Coastal and Lakes & Mountains Realty/Portsmouth Brokerage Phone: 603-957-8142 License #065185 Listed on: 01/02/2024

KW Coastal and Lakes & Mountains Realty/Portsmouth

Last Buyer's Agent

Erin Proulx

KW Coastal and Lakes & Mountains Realty/Portsmouth Brokerage Phone: 603-957-8142 License #065185 Listed on: 01/02/2024

KW Coastal and Lakes & Mountains Realty/Portsmouth
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,787

Lot Details

  • 2.02 Acre Lot
  • Lot Sloped Up
  • Property is zoned COM & RES

Schools

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

Utilities

  • Septic Tank

Listing and Financial Details

  • Exclusions: Personal property/fixtures of current tenant
  • Tax Lot 22

Property Details

Property Type

Land

Est. Annual Taxes

$6,787

Lot Details

2.02 Acres

Listing Details

  • Status Detail: Closed
  • Assessment Amount: 664100
  • Assessment Year: 2021
  • Items Excluded: Personal property/fixtures of current tenant
  • Price Per Sq Ft: 1039603.96
  • Property Class: Land
  • List Agent: 16717
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Unknown
  • ResoLotFeatures: Major Road Frontage, Neighbor Business
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Public
  • Easements: Yes

Utilities

  • Electric: On-Site
  • Sewer: On-Site Septic Exists, Public Available
  • Water Source: Public

Schools

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

Lot Info

  • Map: 24
  • Lot: 22
  • Lot Sq Ft: 87991
  • Lot Acres: 2.02
  • Surveyed: Yes
  • Surveyed By: Jones & Beach
  • Zoning: COM & RES
  • Deed Book: 6470
  • Deed Page: 825
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 6787
  • Tax Year: 2021

MLS Schools

  • School District: Rye
  • School Middle Jr: Rye Junior High School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
May 15, 2024
Sold by
Bought by
Seller's Agent
Erin Proulx
KW Coastal and Lakes & Mountains Realty/Portsmouth
Buyer's Agent
Erin Proulx
KW Coastal and Lakes & Mountains Realty/Portsmouth
List Price
$2,600,000
Sold Price
$2,100,000
Premium/Discount to List
-$500,000
-19.23%
Views
119
Current Estimated Value
$2,266,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,794
Avg. Annual Appreciation
3.42%

Purchase Details

Closed on
Mar 2, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2019
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,100,000 None Available
$1,400,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $910,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $2,100,000 -19.2% --
04/09/2024 04/09/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $2,600,000 -- --
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,130 $612,900 $456,500 $156,400
2024 $5,308 $612,900 $456,500 $156,400
2023 $4,922 $612,900 $456,500 $156,400
2022 $6,357 $910,800 $456,500 $454,300
2021 $6,787 $664,100 $315,900 $348,200
2020 $6,787 $664,100 $315,900 $348,200
2019 $6,415 $627,700 $315,900 $311,800
2018 $6,421 $627,700 $315,900 $311,800
2017 $5,883 $627,700 $315,900 $311,800
2016 $6,201 $580,600 $225,700 $354,900
2013 $6,245 $569,300 $230,300 $339,000
Source: Public Records

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Map

Source: PrimeMLS

MLS Number: 4981108

PrimeMLS

APN: RYEE-000024-000000-000022

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