NOT LISTED FOR SALE

1611 Ocean Blvd Rye, NH 03870

Estimated Value: $808,000 - $991,802

1 Bed
1 Bath
600 Sq Ft
$1,447/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $430,700 $718 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,372/month

25 Days on Market

Highlights

  • Community Beach Access
  • Water Views
  • Deck
  • Rye Elementary School Rated A
  • Water Access
  • Open Floorplan

About This Home

As of April 2019

Year Round Ocean Cottage. If you dream about one day owning a little house by the sea. There's something that feels both dreamy and achievable about a small-sized abode where you can get away from it all. Bonus? Thanks to this small size cottage, you'll spend less time cleaning and doing repair work, and more time kicking back and enjoying life by the water. So many things added to this year round cottage starting with a brand new ROOF TOP DECK ALLOWING FOR COMPLETE OCEAN VIEW. A NEW TWO BEDROOM SEPTIC. ENTRY DOOR TO CRAWL SPACE, LANDSCAPING AND A DRIVEWAY. Excellent insulation making the electric heating bill during the winter affordable. No fees, no restrictions Home has established Summer rental history at $1500.00 per week, for a potential buyer looking for investment property. There is an approved plan for a second story and the new septic will accommodate another bedroom.

Last Agent to Sell the Property

Rosalie Andrews

Engel & Volkers Portsmouth Brokerage Phone: 800-450-7784 License #053538 Listed on: 02/20/2019

Engel & Volkers Portsmouth

Last Buyer's Agent

Danielle Pomarico

KW Coastal and Lakes & Mountains Realty License #073461

KW Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,468

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped
  • Level Lot

Home Design

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

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Laminate Flooring
  • Water Views
  • Crawl Space
  • High Impact Windows

Kitchen

  • Stove
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • ENERGY STAR Qualified Dryer

Parking

  • 3 Car Parking Spaces
  • Stone Driveway

Accessible Home Design

  • No Interior Steps
  • Hard or Low Nap Flooring
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Water Access
  • Municipal Residents Have Water Access Only
  • Balcony
  • Deck

Schools

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

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Soils Analysis Septic
  • Septic Tank
  • Septic Design Available
  • Cable TV Available

Community Details

  • Community Beach Access

Listing and Financial Details

  • Exclusions: Adirondack Chairs & Table in Front of Home Negotiable
  • Tax Lot 27
  • 11% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,468

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Ranch
  • Directions: Washington Rd to Ocean Blvd. Take right, house is on the right
  • Footprint: 12x50
  • Suitable Use: Recreation, Residential
  • Assessment Amount: 328000
  • Assessment Year: 2019
  • Construction: Existing
  • Items Excluded: Adirondack Chairs & Table in Front of Home Negotiable
  • Total Stories: 1
  • Price Per Sq Ft: 717.83
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1950
  • Remarks Public: This is a year-round ocean Cottage. Have you dreamed about one day owning a little house by the sea? There's something that feels both dreamy and achievable about a small-sized abode where you can get away from it all. Thanks to this small size Cottage, you'll spend less time cleaning and doing repair work and more time kicking back and enjoying life by the water. So many things added to this year-round Cottage starting with a brand new rooftop deck, allowing for a complete ocean view. A new two-bedroom septic, entry door to the crawl space, landscaping, and a driveway! Excellent insulation makes the winter’s electric heating bill affordable. No fees, no restrictions! Home has established summer rental history of $1,500.00 per week for a potential buyer looking for an investment property. There is an approved plan for a second story and the new septic will accommodate another bedroom.
  • List Agent: 16450
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer - Energy Star, Refrigerator, Washer - Energy Star, Stove - Electric
  • Equipment: Air Conditioner, Window AC
  • Features Accessibility: 1st Floor 3/4 Bathroom, 1st Floor Bedroom, 1st Floor Hrd Surfce Flr, Access Parking, No Stairs, 1st Floor Laundry
  • Features Interior: Kitchen/Dining, Kitchen/Living, Lighting - LED, Natural Light, Security Door(s), Laundry - 1st Floor
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Concrete, Crawl Space
  • Level 1: Level 1: Bedroom, Level 1: Bath - 3/4, Level 1: Kitchen/Dining, Level 1: Kitchen/Living
  • Room 1: Bath - 3/4, On Level: 1
  • Room 2: Kitchen/Dining, On Level: 1
  • Room 3: Kitchen/Living, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Sq Ft - Apx Finished AG: 600
  • Sq Ft - Apx Total: 600
  • Sq Ft - Apx Total Finished: 600

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Vinyl Siding
  • Foundation: Block
  • Roads: Public, Water
  • Roof: Shingle - Asphalt
  • Features Exterior: Balcony, Deck, Windows - High Impact, Beach Access
  • Water Body Access: Yes
  • Water Body Name: Foss Beach
  • Water Body Type: Ocean
  • Water Access Details: Beach Access, Municipal Residents Only
  • Water Body Access: Town Residents Only
  • Water View: Yes

Garage/Parking

  • Parking: Driveway, Parking Spaces 3

Utilities

  • Electric: 200 Amp
  • Sewer: 1250 Gallon, Septic Design Available, Soil Test Available, Septic
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric
  • Heating: Electric, Energy Star System
  • Cooling: Wall AC Units
  • Electric Company: eversource
  • Phone Company: comcast
  • Utilities: Cable

Condo/Co-op/Association

  • Association Amenities: Landscaping, Beach Access, Beach Rights

Schools

  • School District: Rye
  • 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: 13
  • Lot: 27
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: Beach Access, Landscaped, Level, Street Lights, View, Water View
  • Owned Land: Yes
  • Surveyed: Unknown
  • Zoning: residential
  • Deed Book: 5848
  • Deed Page: 0127
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 10.6
  • Tax Gross Amount: 3468.32
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Apr 29, 2019
Sold by
Huff Steven E
Bought by
Sullivan Cheryl A and Sullivan David B
Seller's Agent
Rosalie Andrews
Engel & Volkers Portsmouth
Buyer's Agent
Danielle Pomarico
KW Coastal and Lakes & Mountains Realty
List Price
$469,000
Sold Price
$430,700
Premium/Discount to List
-$38,300
-8.17%
Current Estimated Value
$868,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,751
Avg. Annual Appreciation
11.93%
Original Mortgage
$279,955
Outstanding Balance
$248,621
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$624,352

Purchase Details

Listed on
Jul 31, 2017
Closed on
Aug 24, 2017
Sold by
Sawyer Matthew
Bought by
Huff Stevan E
Seller's Agent
Sue Haberstroh
BHHS Verani Seacoast
Buyer's Agent
Sue Haberstroh
BHHS Verani Seacoast
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.12%

Purchase Details

Closed on
Nov 12, 2014
Sold by
Matts Place Llc
Bought by
Sawyer Matthew

Purchase Details

Listed on
Aug 6, 2012
Closed on
Nov 19, 2012
Sold by
Fnma
Bought by
Matts Place Llc
Seller's Agent
Dan Hildreth
Coldwell Banker Realty Portsmouth NH
Buyer's Agent
Dan Hildreth
Coldwell Banker Realty Portsmouth NH
List Price
$324,900
Sold Price
$225,000
Premium/Discount to List
-$99,900
-30.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Desmond Daniel K and Fnma
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 16, 2005
Sold by
Gordon Jeffrey R
Bought by
Desmond Daniel K and Desmond Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.34%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 6, 2001
Sold by
Russo Karen L
Bought by
Gordon Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1997
Sold by
Barreira Thomas and Barreira James
Bought by
Russo Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
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
Sullivan Cheryl A $430,733 --
Huff Stevan E $339,000 --
Sawyer Matthew -- --
Matts Place Llc -- --
Federal National Mortgage Association $380,000 --
Desmond Daniel K $400,000 --
Gordon Jeffrey R $199,000 --
Russo Karen L $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Cheryl A $279,955
Previous Owner Huff Steven E $250,000
Previous Owner Desmond Daniel K $80,000
Previous Owner Desmond Daniel K $320,000
Previous Owner Russo Karen L $146,000
Previous Owner Russo Karen L $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $430,700 -4.1% $718 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/02/2019 03/02/19 Price Changed $449,000 -4.3% $748 / Sq Ft
02/20/2019 02/20/19 For Sale $469,000 +35.9% $782 / Sq Ft
08/24/2017 08/24/17 Sold $345,000 -4.1% $575 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $359,900 +60.0% $600 / Sq Ft
11/16/2012 11/16/12 Sold $225,000 -30.7% $375 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $324,900 -- $542 / 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 $6,906 $797,500 $742,800 $54,700
2023 $6,404 $797,500 $742,800 $54,700
2022 $5,567 $797,500 $742,800 $54,700
2021 $3,377 $330,400 $295,700 $34,700
2020 $7,010 $330,400 $295,700 $34,700
2019 $6,205 $329,300 $295,700 $33,600
2018 $3,664 $327,200 $295,700 $31,500
2017 $5,811 $327,200 $295,700 $31,500
2016 $2,885 $270,100 $239,000 $31,100
2013 $1,959 $178,600 $136,900 $41,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4737245

PrimeMLS

APN: RYEE-000013-000000-000027