NOT LISTED FOR SALE

1515 Ocean Blvd Unit 8 Rye, NH 03870

Estimated Value: $609,000 - $701,000

2 Beds
2 Baths
1,264 Sq Ft
$526/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $650,000 $514 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,245/month

7 Days on Market

Highlights

  • Radiant Floor
  • Ceiling Fan
  • Wood Burning Fireplace
  • Rye Elementary School Rated A

About This Home

As of July 2024

Welcome to Cedar Ledge, a well-run, self-managed association desirably located at the Atlantic Ocean! Featuring a coastal contemporary design with many tailored updates, unit 8 is a must see. This is a two bedroom, 2 bath condo offering additional lower level living space for guests and family. The living room boasts bamboo flooring with an ocean view. The kitchen has granite countertops and custom cabinetry with plenty of storage and a dining space. The second level features a large master bedroom with built-in custom closets along with a view of the Isles of Shoals. This coastal condominium unit has been meticulously and lovingly maintained. There is radiant flooring throughout two floors for added comfort. The basement houses your own private washer and dryer with additional bulkhead access for bike and board storage. There is one parking space and availability for a second vehicle parking. You can't beat this location. Directly across the street is a very quiet stretch of sandy beach perfect for long seaside walks. Picture yourself watching the sunrise daily over the islands from your master bedroom and let the ocean waves lull you to sleep at night. Low condo fees make this your perfect year-round seaside retreat. Open House Has Been Cancelled.

Last Agent to Sell the Property

Yvonne Daboul

KW Coastal and Lakes & Mountains Realty Listed on: 07/05/2024

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

David Lippmeier

EXP Realty License #081256

EXP Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,137

Year Built

  • Built in 1973

HOA Fees

Home Design

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

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Basement Storage

Parking

  • 1 Car Parking Space
  • Gravel Driveway
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Septic Tank
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Some furniture negotiable.
  • Legal Lot and Block 008 / 038

Community Details

Overview

  • Association fees include special assessments, condo fee
  • Cedar Ledge Subdivision

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,137

Year Built

Built in 1973

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Status Detail: Closed
  • Development Subdivision: Cedar Ledge
  • Directions: Ocean Boulevard, South of Washington Road Entrance by the Ocean. Go around the back of the building into parking area. Unit is on the left side of walkway.
  • Flood Zone: Yes
  • Units per Building: 10
  • Assessment Amount: 390600
  • Assessment Year: 2023
  • Construction: Existing
  • Items Excluded: Some furniture negotiable.
  • Total Stories: 2
  • Price Per Sq Ft: 514.24
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1973
  • Remarks Public: Welcome to Cedar Ledge, a well-run, self-managed association desirably located at the Atlantic Ocean! Featuring a coastal contemporary design with many tailored updates, unit 8 is a must see. This is a two bedroom, 2 bath condo offering additional lower level living space for guests and family. The living room boasts bamboo flooring with an ocean view. The kitchen has granite countertops and custom cabinetry with plenty of storage and a dining space. The second level features a large master bedroom with built-in custom closets along with a view of the Isles of Shoals. This coastal condominium unit has been meticulously and lovingly maintained. There is radiant flooring throughout two floors for added comfort. The basement houses your own private washer and dryer with additional bulkhead access for bike and board storage. There is one parking space and availability for a second vehicle parking. You can't beat this location. Directly across the street is a very quiet stretch of sandy beach perfect for long seaside walks. Picture yourself watching the sunrise daily over the islands from your master bedroom and let the ocean waves lull you to sleep at night. Low condo fees make this your perfect year-round seaside retreat. Open House Has Been Cancelled.
  • List Agent: 283655
  • Display On Internet: Internet - Cable
  • Architectural Style: Townhouse
  • ResoLotFeatures: Condo Development
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Gas, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Heater - Electric
  • Features Interior: Ceiling Fan, Fireplace - Wood, Window Treatment
  • Total Bedrooms: 2
  • Flooring: Bamboo, Hardwood, Tile
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Finished, Stairs - Exterior, Stairs - Interior, Storage - Assigned, Stairs - Basement
  • Level 1: Level 1: Kitchen, Level 1: Living Room
  • Level 2: Level 2: Bedroom, Level 2: Bath - 3/4
  • Basement Level Rooms: Level B: Bath - 3/4, Level B: Family Room
  • Room 1: Family Room, On Level: Basement
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bath - 3/4, On Level: Basement
  • Room 4: Living Room, On Level: 1
  • Room 5: 2
  • Room 6: Bedroom, On Level: 2
  • Room 7: Bath - 3/4, On Level: 2
  • Sq Ft - Apx Finished AG: 848
  • Sq Ft - Apx Finished BG: 416
  • Sq Ft - Apx Total: 1264
  • Sq Ft - Apx Total Finished: 1264

Exterior Features

  • Driveway: Gravel
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Association
  • Roof: Shingle - Architectural
  • Features Exterior: Trash
  • Construction Type: Wood Frame, Vinyl Siding

Garage/Parking

  • Parking: Assigned, Parking Spaces 1

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Septic
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Electric, Radiant Electric, Radiant Floor
  • Utilities: Cable, Cable - Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 231
  • Fee2 Frequency: Yearly
  • Fees 2: 500
  • Fee2 Includes: Special Assessments
  • Fee3 Frequency: Yearly
  • Fees 3: 500
  • Fee3 Includes: Special Assessments
  • Fee Includes: Condo Association Fee
  • Condo Fees: Yes
  • Association Amenities: Snow Removal, Trash Removal

Lot Info

  • Map: 013
  • Lot: 008
  • Surveyed: Unknown
  • Zoning: GRES
  • Deed Book: 5620
  • Deed Page: 1852
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 8

Tax Info

  • Tax Gross Amount: 3137
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Jul 30, 2024
Sold by
White Sheila M and Sellers Donald W
Bought by
Hene B Spitzer Ret and Spitzer
Seller's Agent
Yvonne Daboul
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
David Lippmeier
EXP Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Views
59
Current Estimated Value
$664,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,576
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
Feb 15, 2015
Closed on
May 26, 2015
Sold by
J M Degnan T
Bought by
Sellers Donald W and White Sheila M
Seller's Agent
Judith Bodi
Carey Giampa, LLC/Rye
Buyer's Agent
Stephen McCann
Samonas Realty, LLC
List Price
$359,900
Sold Price
$355,000
Premium/Discount to List
-$4,900
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
May 29, 2007
Sold by
Chrisafides Christos F and Chrisafides Barbara X
Bought by
Joy Anne Degnan T

Purchase Details

Closed on
Jul 7, 2005
Sold by
Fowler Craig S
Bought by
Chrisafides Christos F and Chrisafides Barbara X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.71%

Purchase Details

Closed on
Nov 23, 1999
Sold by
Duplessis David and Duplessis Karen
Bought by
Fowler Craig S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,900
Interest Rate
7.76%
Source: Public Records

Range of Values:

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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
Hene B Spitzer Ret $650,000 None Available
Hene B Spitzer Ret $650,000 None Available
Sellers Donald W $355,000 --
Sellers Donald W $355,000 --
Joy Anne Degnan T $323,000 --
Joy Anne Degnan T $323,000 --
Chrisafides Christos F $290,000 --
Chrisafides Christos F $290,000 --
Fowler Craig S $139,900 --
Fowler Craig S $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chrisafides Christos F $232,000
Previous Owner Fowler Craig S $125,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $650,000 -7.0% $514 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $699,000 +96.9% $553 / Sq Ft
05/26/2015 05/26/15 Sold $355,000 -1.4% $362 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/15/2015 02/15/15 For Sale $359,900 -- $366 / 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 $3,496 $403,700 $0 $403,700
2023 $3,137 $390,600 $0 $390,600
2022 $2,726 $390,600 $0 $390,600
2021 $3,747 $366,600 $0 $366,600
2020 $3,747 $366,600 $0 $366,600
2019 $3,747 $366,600 $0 $366,600
2018 $3,706 $366,600 $0 $366,600
2017 $3,706 $366,600 $0 $366,600
2016 $3,633 $340,200 $0 $340,200
2013 $2,940 $268,000 $0 $268,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5003690

PrimeMLS

APN: RYEE-000013-000038-000008