NOT LISTED FOR SALE

1515 Ocean Blvd Unit 7 Rye, NH 03870

Estimated Value: $721,000 - $964,000

3 Beds
2 Baths
1,564 Sq Ft
$541/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $790,000 $505 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,230/month

Highlights

  • Community Beach Access
  • Water Views
  • Tile Flooring
  • Rye Elementary School Rated A
  • Balcony
  • Outdoor Storage

About This Home

As of August 2022

Sophistication meets the sea! Breathtaking ocean views from nearly every room with this three bedroom, two bath furnished condominium in Rye! Wake up every morning to the sights and smells of the sea air and relax on your balcony or take a stroll along Foss Beach. This corner townhouse-style condominium features a convenient first floor bedroom with a three-quarter bath and two large bedrooms on the second level including an updated full bath with two separate vanities. The light and airy updated eat-in kitchen offers white cabinetry, granite countertops, stainless steel appliances, wood grain vinyl plank flooring with access to the courtyard for great picnic space and all your outdoor activities. The gas fireplaced living room has direct access to the manicured front yard and just steps to the beach! Need more space? The private unfinished lower level with washer and dryer is an added benefit for storage or more potential living space. Cedar Ledge is a well-run self-managed association with low condo fees. One car assigned parking with an additional parking space. A perfect full-time residence or summer retreat, this rare pristine furnished condominium overlooking the Atlantic Ocean is ready for your carefree lifestyle at the beach!

Last Agent to Sell the Property

Judith Bodi

Carey Giampa, LLC/Rye License #002031 Listed on: 08/12/2022

Carey Giampa, LLC/Rye

Last Buyer's Agent

Judith Bodi

Carey Giampa, LLC/Rye License #002031 Listed on: 08/12/2022

Carey Giampa, LLC/Rye

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,247

Year Built

  • Built in 1973

Lot Details

  • Landscaped
  • Lot Sloped Up
  • Irrigation

HOA Fees

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Dining Area
  • Water Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement

Home Security

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Shared Septic
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 007 / 038

Community Details

Overview

  • Association fees include landscaping, plowing, sewer, trash
  • Master Insurance
  • Cedar Ledge Condominium Association
  • Cedar Ledge Condominiums

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Community Beach Access
  • Snow Removal

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,247

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,360 per month

Listing Details

  • Status Detail: Closed
  • Style: Townhouse
  • Directions: Ocean Boulevard/Route 1A, near the corner of Washington Road.
  • Flood Zone: Yes
  • Units per Building: 10
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 505.12
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1973
  • List Agent: 13549
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range - Gas, Refrigerator, Washer
  • Equipment: Irrigation System, Smoke Detector
  • Features Interior: Blinds, Ceiling Fan, Dining Area, Fireplace - Gas, Fireplaces - 1, Laundry Hook-ups, Laundry - Basement
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Full, Stairs - Exterior, Stairs - Interior, Sump Pump, Unfinished, Walkout, Interior Access
  • Level 1: Level 1: Bedroom, Level 1: Kitchen/Dining, Level 1: Living Room
  • Level 2: Level 2: Bedroom
  • Room 1: Kitchen/Dining, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 2
  • Room 5: 2
  • Sq Ft - Apx Finished AG: 1564
  • Sq Ft - Apx Total: 2346
  • Sq Ft - Apx Total Finished: 1564
  • Sq Ft - Apx Unfinished BG: 782

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Trash, Balcony, Storage, Beach Access
  • Water Body Type: Ocean
  • Water Body Name 2: Atlantic Ocean
  • Water View: Yes

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Sewer: Septic Shared
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Electric Company: Eversource
  • Utilities: Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 360
  • Fees 2: 500
  • Fees 3: 500
  • Fee Includes: Landscaping, Plowing, Sewer, Trash
  • Condo Fees: Yes
  • Condo Name: Cedar Ledge Condominiums
  • Management Company: Cedar Ledge Condominium
  • Association Amenities: Master Insurance, Storage - Indoor, Landscaping, Beach Access, Other, Snow Removal, Trash Removal, Coin Laundry

Schools

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

Lot Info

  • Map: 013
  • Lot: 007
  • Lot Sq Ft: 25265
  • Lot Acres: 0.58
  • Lot Description: Water View
  • Surveyed: Unknown
  • Zoning: GRE
  • Deed Book: 6150
  • Deed Page: 271
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 7

Tax Info

  • Tax Gross Amount: 6247
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Aug 7, 2020
Sold by
C F Chrisafides Ret
Bought by
Vidone Linda S
Seller's Agent
Lynne Joyce
Tate & Foss Sotheby's International Rlty
Buyer's Agent
Judith Bodi
Carey Giampa, LLC/Rye
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$846,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,692
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Clinton Ft
Bought by
Grogan John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.12%

Purchase Details

Closed on
Nov 13, 1997
Sold by
Mitchell Robert B
Bought by
Clinton Ft
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vidone Linda S $599,000 None Available
Grogan John F $159,900 --
Clinton Ft $128,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clinton Ft $296,000
Previous Owner Clinton Ft $299,000
Previous Owner Clinton Ft $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $790,000 -2.5% $505 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $809,900 +35.2% $518 / Sq Ft
08/07/2020 08/07/20 Sold $599,000 0.0% $383 / Sq Ft View Prior Sale
06/07/2020 06/07/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $599,000 -- $383 / 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 $5,161 $596,000 $0 $596,000
2023 $4,786 $596,000 $0 $596,000
2022 $4,166 $596,800 $0 $596,800
2021 $5,873 $574,700 $0 $574,700
2020 $5,873 $574,700 $0 $574,700
2019 $5,788 $566,300 $0 $566,300
2018 $5,725 $566,300 $0 $566,300
2017 $5,725 $566,300 $0 $566,300
2016 $5,340 $500,000 $0 $500,000
2013 $4,636 $422,600 $0 $422,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4925176

PrimeMLS

APN: RYEE-000013-000038-000007