NOT LISTED FOR SALE

16 Parsons Rd Rye, NH 03870

Estimated Value: $669,066 - $752,000

2 Beds
1 Bath
846 Sq Ft
$841/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $650,000 $768 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,079/month

16 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Wood Flooring
  • Rye Elementary School Rated A
  • Hilly Lot
  • Bungalow

About This Home

As of August 2024

"Locke Cottage" is a small but great space with convenient location to the Rye Beach coastline and downtown Portsmouth. There is a very small view of the Ocean during fall and winter from the second floor bedroom of this 848 Square foot cottage on a .20 acre lot on a quiet street. The first floor has original hardwood floors in the living room area surrounding the fireplace w/wood stove. Small kitchen, with working appliances and full bath. Sunroom/bedroom with closet and many windows for amazing light. Deck area as you approach the side door w/small outdoor table and bench. Out back is a generator and shed. Side yard has a few blueberry bushes. Owned by the same family since 1978. Excellent cell phone reception area!

Last Agent to Sell the Property

Rosalie Andrews

Engel & Volkers Portsmouth Brokerage Phone: 603-566-9904 License #053538 Listed on: 07/29/2024

Engel & Volkers Portsmouth

Last Buyer's Agent

Rosalie Andrews

Engel & Volkers Portsmouth Brokerage Phone: 603-566-9904 License #053538 Listed on: 07/29/2024

Engel & Volkers Portsmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,294

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Sloped Up
  • Hilly Lot

Parking

  • Dirt Driveway

Home Design

  • Bungalow
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Vertical Siding
  • Clapboard

Interior Spaces

  • 846 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Stove
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Interior Basement Entry
  • Crawl Space

Schools

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

Utilities

  • Heating System Uses Gas
  • Heating System Uses Wood
  • 100 Amp Service
  • Propane
  • Septic Tank
  • Internet Available
  • Cable TV Available

Additional Features

  • Standby Generator
  • Deck

Listing and Financial Details

  • Tax Lot 034
  • 9% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,294

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Ocean Blvd to Parsons Rd #16 is third house on left
  • Assessment Amount: 468700
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 768.32
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1951
  • List Agent: 16450
  • Display On Internet: Internet - Cable
  • Architectural Style: Bungalow
  • ResoLotFeatures: Hilly
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Stove - Electric
  • Equipment: Generator - Standby
  • Features Interior: Wood Stove Insert
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Access Type: Interior
  • Basement Description: Crawl Space
  • Sq Ft - Apx Finished AG: 846
  • Sq Ft - Apx Total: 846
  • Sq Ft - Apx Total Finished: 846

Exterior Features

  • Driveway: Dirt
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Rolled, Shingle
  • Features Exterior: Deck
  • Construction Type: Clapboard Exterior, Vertical Siding

Utilities

  • Electric: 100 Amp
  • Sewer: Septic
  • Heating Fuel: Gas - LP/Bottle, Wood
  • Heating: Gas Heater, Stove - Wood
  • Utilities: Cable, Gas - Lp/Bottle
  • Water Source: Public

Schools

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

Lot Info

  • Map: 231
  • Lot: 034
  • Lot Sq Ft: 8712
  • Lot Acres: 0.2
  • Zoning: residential
  • Deed Book: 6483
  • Deed Page: 1453
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 8.57
  • Tax Gross Amount: 4294
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Aug 30, 2024
Sold by
Howard J Locke Jr Ret and Hulbert
Bought by
16 Parsons Llc
Seller's Agent
Rosalie Andrews
Engel & Volkers Portsmouth
Buyer's Agent
Rosalie Andrews
Engel & Volkers Portsmouth
List Price
$799,000
Sold Price
$650,000
Premium/Discount to List
-$149,000
-18.65%
Views
37
Current Estimated Value
$711,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,767
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
May 8, 2023
Sold by
Locke Howard
Bought by
Howard J Locke Jr Ret and Locke

Purchase Details

Closed on
Oct 9, 2009
Sold by
Locke Howard J and Locke Nora T
Bought by
Locke Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
16 Parsons Llc $650,000 None Available
16 Parsons Llc $650,000 None Available
Howard J Locke Jr Ret -- None Available
Howard J Locke Jr Ret -- None Available
Locke Howard $170,000 --
Locke Howard $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Locke Howard $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $650,000 -13.3% $768 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $750,000 -6.1% $887 / Sq Ft
07/29/2024 07/29/24 For Sale $799,000 -- $944 / 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 $4,157 $480,000 $413,200 $66,800
2023 $3,764 $468,700 $413,200 $55,500
2022 $3,272 $468,700 $413,200 $55,500
2021 $3,190 $312,100 $261,400 $50,700
2020 $3,358 $312,100 $261,400 $50,700
2019 $3,190 $312,100 $261,400 $50,700
2018 $5,108 $311,500 $261,400 $50,100
2017 $3,149 $311,500 $261,400 $50,100
2016 $4,770 $231,700 $176,000 $55,700
2013 $2,475 $225,600 $176,000 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5007125

PrimeMLS

APN: RYEE-000231-000000-000034