NOT LISTED FOR SALE

240 Cutts Rd Newport, NH 03773

Estimated Value: $61,952 - $127,000

5.2 Acres
$16,920 Price per Acre
226,512 Sq Ft Lot

Last Sold September 23, 2020

Last sale price $38,000

Est. 132% increase in value since last sale

Current estimated payment $590/month

24 Days on Market

Highlights

  • 5.2 Acre Lot
  • Wooded Lot
  • Satellite Dish
  • Countryside Views
  • High Speed Internet
  • Lot Sloped Up

About This Lot

As of September 2020

This charming 5.2 +/- acre parcel offers an excellent opportunity to build a private home surrounded by woodland in a peaceful neighborhood in Newport, NH! Setback on the corner of two, quiet town roads, the mostly wooded and gently sloping parcel features an approximately .4-acre clearing, an expired septic design for a 3-bedroom home, a roughed-in driveway, and an existing drilled well on-site. Utility poles run along the property’s over 700’ of road frontage on the year-round, town-maintained and plowed Cutts Road, and utility pole #21 is located on the opposite side of the road from the roughed- in driveway. With close proximity to power and the potential for a short driveway, this could make for an economical lot to develop. Consolidated Communications offers high-speed internet, Cable TV, and telephone services to homes located along Cutts Road. The property has over 1200’ of road frontage along the Class VI, Bascom Road. This rural setting is less than 10 minutes to downtown Newport and has easy access to both Interstates 89 and 91. The Sugar River Recreational Trail is accessible near the beginning of Cutts Road and the offers recreational opportunities just minutes from your front door, including ATVing, fishing, mountain biking, snowmobiling, and cross country skiing. Enjoy great proximity to all the town amenities in Claremont just 15 minutes away and all the year-round recreational opportunities that the greater Lake Sunapee Region has to offer!

Last Agent to Sell the Property

Curtis Trousdale

Preferred Properties Brokerage Phone: 802-862-9106 License #081.0004552 Listed on: 07/31/2020

Last Buyer's Agent

Curtis Trousdale

Preferred Properties Brokerage Phone: 802-862-9106 License #081.0004552 Listed on: 07/31/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $763

Lot Details

  • 5.2 Acre Lot
  • Dirt Road
  • Lot Sloped Up
  • Wooded Lot
  • Property is zoned Rural/Commercial

Schools

  • Richards Elementary School
  • Newport Middle And High School
  • Newport Middle High School

Utilities

  • Well
  • Drilled Well
  • Septic Needed
  • High Speed Internet
  • Phone Available
  • Satellite Dish

Additional Features

  • Countryside Views
  • Electricity Available at Street

Listing and Financial Details

  • Tax Lot 02

Property Details

Property Type

Land

Est. Annual Taxes

$763

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Main St in downtown Newport, turn onto NH-103 W, then left onto Chandlers Mill Rd, then left onto Cutts Rd. Property will be on the left; property borders Cutts Road & Bascom Road. See real estate sign.
  • Flood Zone: Unknown
  • Suitable Use: Mixed Use, Residential, Woodland
  • Price Per Sq Ft: 7307.69
  • Property Class: Land
  • Estimated Open Space Percent: 9
  • Pole Number: #21
  • List Agent: 26047
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Dirt, Gravel, Public, Unpaved
  • Easements: Unknown

Utilities

  • Cable Company: Consolidated Comm.
  • Electric: At Street, On-Site
  • Fuel Company: Choice
  • Sewer: On-Site Septic Needed
  • Water: Drilled Well, On-Site Well Exists
  • Electric Company: Eversource
  • Phone Company: Consolidated Comm.
  • Utilities: Dsl - Available, High Speed Intrnt -Avail, Telephone Available, Phone, Satellite

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Richards Elementary School
  • High School: Newport Middle High School

Lot Info

  • Map: 239
  • Lot: 02
  • Lot Sq Ft: 226512
  • Lot Acres: 5.2
  • Lot Description: Country Setting, Slight, Sloping, Wooded
  • Surveyed: Yes
  • Zoning: Rural/Commercial
  • Deed Book: 1494
  • Deed Page: 471
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 763
  • Tax Year: 2020

MLS Schools

  • School District: Newport Sch Dst SAU #58
  • School Middle Jr: Newport Middle and High School

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $38,000 -5.0% --
08/24/2020 08/24/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $40,000 -- --
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 $1,519 $62,500 $62,500 $0
2023 $1,474 $62,500 $62,500 $0
2022 $1,306 $62,500 $62,500 $0
2021 $1,548 $46,900 $46,900 $0
2020 $1,552 $46,900 $46,900 $0
2019 $1,526 $46,900 $46,900 $0
2018 $1,426 $46,900 $46,900 $0
2017 $1,409 $46,900 $46,900 $0
2016 $1,241 $43,200 $43,200 $0
2015 $1,264 $43,200 $43,200 $0
2014 $1,367 $43,200 $43,200 $0
2013 $1,296 $43,200 $43,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4820463

PrimeMLS

APN: NWPT-000248-002000