NOT LISTED FOR SALE

16 Thompson Way Rye, NH 03870

Estimated Value: $744,221 - $762,000

2 Beds
2.5 Baths
2,206 Sq Ft
$340/mo HOA Fee

Last Sold May 22, 2024

Last sale price $719,900 $326 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,893/month

10 Days on Market

Highlights

  • New Construction
  • Rye Elementary School Rated A
  • 1 Car Garage

About This Home

As of May 2024

The condominiums at Thompson Landing has a comfortable floor plan that can be enjoyed while living in the beautiful town of Rye. This 2,106 square foot home has a lovely kitchen with oversized island, quartz countertops, gas range, tile backsplash along with a Primary Suite on the second floor along with a full bath and 2nd Bedroom. Enjoy the finished space on the first floor that can be used as an office or a bonus room. Thompson Landing is just a few miles away from the ocean, walking trails and downtown Portsmouth.

Last Agent to Sell the Property

Kim Tufts

The Gove Group Real Estate, LLC License #065935 Listed on: 03/08/2024

Last Buyer's Agent

Christopher Gibb

New Space Real Estate, LLC License #075649

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 2024 | New Construction

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Foundation
  • Batts Insulation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Schools

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

Utilities

  • Heat Exchanger
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Propane
  • Community Sewer or Septic
  • Internet Available

Community Details

  • Thompson Landing Condos
  • Thompson Landing Subdivision

Listing and Financial Details

  • Tax Lot 37

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,676

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Status Detail: Closed
  • Development Subdivision: Thompson Landing
  • Directions: From Rye center travel on Washington Road until Lafayatte Road. Turn Left onto Lafayette Road and Thompson Landing will be on the left. GPS 295 Lafeyette Road
  • Units per Building: 3
  • Construction: New Construction
  • Total Stories: 2
  • Price Per Sq Ft: 341.83
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 2024
  • Remarks Public: The condominiums at Thompson Landing has a comfortable floor plan that can be enjoyed while living in the beautiful town of Rye. This 2,106 square foot home has a lovely kitchen with oversized island, quartz countertops, gas range, tile backsplash along with a Primary Suite on the second floor along with a full bath and 2nd Bedroom. Enjoy the finished space on the first floor that can be used as an office or a bonus room. Thompson Landing is just a few miles away from the ocean, walking trails and downtown Portsmouth.
  • List Agent: 17243
  • 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: Internet - Cable
  • Architectural Style: Multi-Level
  • ResoLotFeatures: Condo Development
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Water Heater - Electric, Water Heater-Gas-LP/Bttle
  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Daylight, Insulated, Partial, Partially Finished, Storage Space, Walkout, Exterior Access
  • Level 1: Level 1: Bonus Room, Level 1: Bath - 1/2
  • Level 2: Level 2: Kitchen/Dining, Level 2: Living Room
  • Level 3: Level 3: Bedroom, Level 3: Laundry Room, Level 3: Primary Bdm Ste
  • Room 1: Bath - 1/2, On Level: 1
  • Room 3: Bedroom, On Level: 3
  • Room 4: Bonus Room, On Level: 1
  • Room 5: 2
  • Room 6: Living Room, On Level: 2
  • Room 7: Laundry Room, On Level: 3
  • Room 8: Primary BR Suite, On Level: 3
  • Sq Ft - Apx Finished AG: 2106
  • Sq Ft - Apx Finished BG: 100
  • Sq Ft - Apx Total: 3106
  • Sq Ft - Apx Total Finished: 2206
  • Sq Ft - Apx Unfinished BG: 900

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved
  • Roof: Shingle - Architectural
  • Construction Type: Insulation-FiberglssBatt, Vinyl Exterior

Garage/Parking

  • Garage Capacity: 1
  • Parking: Underground
  • Garage: Yes

Utilities

  • Electric: 200 Amp
  • Sewer: Community
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Air to Air Heat Exchanger
  • Cooling: Central AC
  • Utilities: Gas - Lp/Bottle, Gas - Underground, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 340
  • Condo Fees: Yes
  • Condo Name: Thompson Landing

Schools

  • Elementary School: Rye Elementary School
  • Middle School: Rye Junior High School
  • High School: Portsmouth High School
  • Elementary School: Rye Elementary School
  • High School: Portsmouth High School

Lot Info

  • Map: 6
  • Lot: 37
  • Common Land Acres: 9.39
  • Surveyed: Yes
  • Zoning: res
  • Deed Book: 0000
  • Deed Page: 0000
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 8
  • Tax Year: 2023

MLS Schools

  • School Middle Jr: Rye Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 22, 2024
Sold by
Thompson Landing Llc
Bought by
Favara Craig J
Seller's Agent
Kim Tufts
The Gove Group Real Estate, LLC
Buyer's Agent
Christopher Gibb
New Space Real Estate, LLC
List Price
$724,900
Sold Price
$719,900
Premium/Discount to List
-$5,000
-0.69%
Views
24
Current Estimated Value
$753,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,905
Avg. Annual Appreciation
4.08%
Original Mortgage
$683,905
Outstanding Balance
$677,407
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$76,398
Source: Public Records

Range of Values:

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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
Favara Craig J $719,933 None Available
Favara Craig J $719,933 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favara Craig J $683,905
Closed Favara Craig J $683,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $719,900 -0.7% $326 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $724,900 -- $329 / 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 $4,676 $540,000 $0 $540,000
2023 $1,682 $209,500 $0 $209,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4987361

PrimeMLS

APN: RYEE M:010 B:001 L:025