NOT LISTED FOR SALE

240 N River Rd Lee, NH 03861

Estimated Value: $608,000 - $646,000

2 Beds
2 Baths
1,788 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $299,900 $168 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,324/month

37 Days on Market

Highlights

  • Barn
  • 5.27 Acre Lot
  • Countryside Views
  • Mast Way School Rated A-
  • Cape Cod Architecture
  • Deck

About This Home

As of October 2017

ONE OF THE BEST VALUES IN LEE! This two bedroom expanded cape is sited on a large 5+ acre treed lot surrounded by perennial gardens, stone walls and wildlife. The perfect setting for the nature lover who can also enjoy the large post and beam barn with large wood stove, the hobby shed w/updated electrics and wood stove and a shed for tools/equipment. This bright and open home has had a new roof just installed, has the potential of subdividing off a nd selling a portion of the lot and offers a welcoming family room with a wall of windows for tranquil moments and an excellent flow through the home from the family room through the kitchen to either the dining room or living room. All this and located in the Oyster River School district. Call to schedule a personal appointment to see this remarkable home in this private location that is still close to commuter routes, schools, UNH and shopping.

Last Buyer's Agent

Eric Raiche

Coldwell Banker Realty Portsmouth NH License #069085

Coldwell Banker Realty Portsmouth NH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,883

Year Built

  • Built in 1965

Lot Details

  • 5.27 Acre Lot
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is zoned 01 - Res

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Radon Mitigation System
  • Cedar

Interior Spaces

  • 1.75-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Countryside Views
  • Washer and Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Softwood
  • Radiant Floor
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Accessible Home Design

  • Kitchen has a 60 inch turning radius
  • Hard or Low Nap Flooring

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Generator Hookup
  • Private Water Source
  • Dug Well
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Barn

Listing and Financial Details

  • Legal Lot and Block 0007 / 000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,883

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape, W/Addition
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1.75
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range - Gas, Refrigerator
  • Equipment: Radon Mitigation, Window AC
  • Features Accessibility: 1st Floor 3/4 Bathroom, 1st Floor Hrd Surfce Flr, Kitchen w/5 Ft. Diameter
  • Features Interior: Cathedral Ceiling, Ceiling Fan, Dining Area, Fireplace - Wood, Fireplaces - 1, Laundry Hook-ups, Living/Dining, Skylight, Walk-in Pantry
  • Total Bedrooms: 2
  • Flooring: Hardwood, Softwood, Tile, Vinyl
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Crawl Space, Full, Roughed In, Stairs - Exterior, Stairs - Interior, Sump Pump, Unfinished
  • Level 1: Level 1: Dining Room, Level 1: Family Room, Level 1: Kitchen - Eat-in, Level 1: Living Room
  • Level 2: Level 2: Bedroom, Level 2: Master Bedroom
  • Room 1: Family Room, 19 x 17, On Level: 1
  • Room 2: Kitchen - Eat-in, 17 x 12, On Level: 1
  • Room 3: Dining Room, 18 x 12, On Level: 1
  • Room 4: Living Room, 14 x 12, On Level: 1
  • Room 5: 2, 15 x 13
  • Room 6: Bedroom, 15 x 10, On Level: 2
  • Sq Ft - Apx Finished AG: 1788
  • Sq Ft - Apx Total: 4596
  • Sq Ft - Apx Total Finished: 1788
  • Sq Ft - Apx Unfinished BG: 816
  • Sq Ft - Apx Unfinished AG: 1992

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Cedar, Clapboard, Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural
  • Features Exterior: Barn, Deck, Garden Space, Natural Shade, Outbuilding, Patio, Shed

Garage/Parking

  • Parking: Driveway, Off Street

Utilities

  • Electric: Circuit Breaker(s), Generator Ready
  • Sewer: Private, Septic
  • Water: Dug Well, Private
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water, Multi Zone, Radiant Floor
  • Utilities: Cable

Schools

  • School District: Oyster River Cooperative
  • Elementary School: Mast Way School
  • Middle School: Oyster River Middle School
  • High School: Oyster River High School

Lot Info

  • Lot: 0007
  • Lot Sq Ft: 229561
  • Lot Acres: 5.27
  • Lot Description: Country Setting, Landscaped, Level, Wooded
  • Surveyed: Unknown
  • Zoning: 01 - Res

Tax Info

  • Tax Gross Amount: 7883
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2020
Sold by
Krauss Adam S
Bought by
Krauss Adam D
Current Estimated Value
$629,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2017
Closed on
Oct 6, 2017
Sold by
Clapp Jesse J and Clapp Erica L
Bought by
Krauss Adam D and Chamberlin Shelby D
Buyer's Agent
Eric Raiche
Coldwell Banker Realty Portsmouth NH
List Price
$339,000
Sold Price
$299,900
Premium/Discount to List
-$39,100
-11.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$290,903
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2017
Sold by
Clapp Jesse J and Clapp Erica L
Bought by
Reinhold Linda R

Purchase Details

Listed on
May 6, 2015
Closed on
Sep 3, 2015
Sold by
Walker George F
Bought by
Clapp Jesse J and Clapp Erica L
Seller's Agent
Beverly Brooks
RE/MAX Shoreline
Buyer's Agent
Marion Cheney
Tesla Realty Group, LLC
List Price
$292,000
Sold Price
$295,000
Premium/Discount to List
$3,000
1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$285,154
Interest Rate
3.5%
Mortgage Type
FHA
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
Krauss Adam D -- None Available
Krauss Adam D $299,933 --
Reinhold Linda R $79,000 --
Clapp Jesse J $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krauss Adam D $349,600
Closed Krauss Adam D $295,000
Previous Owner Krauss Adam D $288,000
Previous Owner Krauss Adam D $290,903
Previous Owner Clapp Jesse J $285,154
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2017 10/03/17 Sold $299,900 -4.8% $168 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
07/24/2017 07/24/17 Price Changed $314,900 -7.1% $176 / Sq Ft
07/12/2017 07/12/17 For Sale $339,000 +14.9% $190 / Sq Ft
09/01/2015 09/01/15 Sold $295,000 +1.0% $165 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $292,000 -- $163 / 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 $11,620 $450,900 $245,800 $205,100
2023 $10,657 $451,000 $245,800 $205,200
2022 $9,796 $451,000 $245,800 $205,200
2021 $9,818 $451,000 $245,800 $205,200
2020 $8,194 $257,200 $98,800 $158,400
2019 $8,099 $257,200 $98,800 $158,400
2018 $7,958 $257,200 $98,800 $158,400
2017 $8,027 $268,100 $109,700 $158,400
2016 $7,842 $268,100 $109,700 $158,400
2015 $7,760 $265,300 $104,700 $160,600
2014 $7,879 $265,300 $104,700 $160,600
2012 $7,943 $265,300 $104,700 $160,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4646749

PrimeMLS

APN: LLEE-000025-000003-000700