NOT LISTED FOR SALE

Estimated Value: $4,214,943 - $4,389,000

4 Beds
4.5 Baths
4,651 Sq Ft
$925/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $4,000,000 $860 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $25,323/month

47 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 80 Feet of Waterfront
  • Multiple Fireplaces
  • Maude H. Trefethen School Rated A+
  • Cape Cod Architecture
  • Vaulted Ceiling

About This Home

As of September 2023

A sense of calm and peace embraces you when you enter this multi-level, carefully planned out home on desirable New Castle Island. Picturesque views, ocean water and a quaint village atmosphere. Much thought was put into this house designed and built by the well known architect/contractor team of Lisa Destefano and Joe Tucker. Nestled in a neighborhood of lovely homes while reserving the best views from the rear of the property. Views across the back all are aimed towards the sweeping and ever-changing views of Little Harbour. Easy access to downtown fine dining, Strawberry Banke and all that Portsmouth has to offer. Amenities include cherry flooring, heated tile floors, steam shower in primary bath, new custom kitchen, transom windows and beautiful woodwork abound in this four bedroom home. Primary suites are on both the main and second floor, which allows for flexible living. An enclosed porch allows enjoyment of the views throughout the year. The patio is graciously wrapped with a hydrangea covered stone wall. The gardens surrounding this home are simple and elegant. Kayak or Stand-up-Paddle from your backyard. New custom kitchen cabinets, countertops and appliances in 2021 as well as a new heating system in 2022. Tesla charging station in garage.

Last Listed By

Laura Ludes

Madden Group License #073991 Listed on: 06/16/2023

Madden Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,664

Year Built

  • Built in 2002

Lot Details

  • 0.31 Acre Lot
  • 80 Feet of Waterfront
  • Landscaped
  • Lot Sloped Up
  • Irrigation
  • Garden

Parking

  • 2 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Automatic Garage Door Opener
  • Brick Driveway

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Metal Construction or Metal Frame

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Woodwork
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Gas Dryer

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Basement Storage

Accessible Home Design

  • Standby Generator

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access
  • Balcony
  • Enclosed patio or porch
  • Outdoor Storage

Schools

  • Maude H. Trefethen Elementary School
  • Rye Junior High School
  • Portsmouth High School

Utilities

  • Air Conditioning
  • Forced Air Zoned Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Power Generator
  • Propane
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Front Entry Light Fixture.
  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,664

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Cape, Walkout Lower Level
  • Directions: From Portsmouth: Take New Castle Ave to Portsmouth Ave onto New Castle. Turn right onto Walton Road and right onto Locke Road. Number 27 is the third house on the left.
  • Construction: Existing
  • Items Excluded: Front Entry Light Fixture.
  • Total Stories: 2
  • Price Per Sq Ft: 860.03
  • Property Type: Single Family
  • Year Built: 2002
  • Remarks Public: A sense of calm and peace embraces you when you enter this multi-level, carefully planned out home on desirable New Castle Island. Picturesque views, ocean water and a quaint village atmosphere. Much thought was put into this house designed and built by the well known architect/contractor team of Lisa Destefano and Joe Tucker. Nestled in a neighborhood of lovely homes while reserving the best views from the rear of the property. Views across the back all are aimed towards the sweeping and ever-changing views of Little Harbour. Easy access to downtown fine dining, Strawberry Banke and all that Portsmouth has to offer. Amenities include cherry flooring, heated tile floors, steam shower in primary bath, new custom kitchen, transom windows and beautiful woodwork abound in this four bedroom home. Primary suites are on both the main and second floor, which allows for flexible living. An enclosed porch allows enjoyment of the views throughout the year. The patio is graciously wrapped with a hydrangea covered stone wall. The gardens surrounding this home are simple and elegant. Kayak or Stand-up-Paddle from your backyard. New custom kitchen cabinets, countertops and appliances in 2021 as well as a new heating system in 2022. Tesla charging station in garage.
  • List Agent: 283155
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Gas, Dishwasher - Energy Star, Disposal, Dryer, Microwave, Mini Fridge, Oven - Wall, Refrigerator, Dryer - Gas, Exhaust Fan
  • Equipment: Air Conditioner, Irrigation System, Smoke Detectr-HrdWrdw/Bat, Generator - Standby
  • Features Interior: Fireplace - Gas, Fireplaces - 2, Kitchen/Dining, Primary BR w/ BA, Natural Light, Natural Woodwork, Storage - Indoor, Vaulted Ceiling, Walk-in Closet, Wet Bar, Laundry - 2nd Floor
  • Total Bedrooms: 4
  • Flooring: Combination, Carpet, Hardwood, Tile
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Concrete Floor, Storage Space, Exterior Access
  • Level 1: Level 1: Dining Room, Level 1: Kitchen - Eat-in, Level 1: Living Room
  • Level 2: Level 2: Bedroom, Level 2: Laundry Room, Level 2: Primary Bdm Ste
  • Level 3: Level 3: Bonus Room, Level 3: Office/Study, Level 3: Other, Level 3: Rec Room
  • Room 1: Kitchen - Eat-in, 11 x 22, On Level: 1
  • Room 2: Dining Room, 15-7 x 14-6, On Level: 1
  • Room 3: Living Room, 20 x 18, On Level: 1
  • Room 4: Bedroom with Bath, 18 x 13, On Level: 1
  • Room 5: 2, 20 x 19-6
  • Room 6: Bedroom, 22-10 x 12-8, On Level: 2
  • Room 7: Bedroom, 25 x 23, On Level: 2
  • Room 8: Laundry Room, 9-7 x 15-11, On Level: 2
  • Room 9: Rec Room, 15 x 19, On Level: 3
  • Room 10: 3, 14 x 17
  • Room 11: Office/Study, 16 x 14, On Level: 3
  • Room 12: Other, 20 x 16, On Level: 3
  • Sq Ft - Apx Finished AG: 4651
  • Sq Ft - Apx Total: 9703
  • Sq Ft - Apx Total Finished: 4651
  • Sq Ft - Apx Unfinished BG: 401
  • Sq Ft - Apx Unfinished AG: 4651

Exterior Features

  • Construction: Steel Frame, Wood Frame
  • Driveway: Brick/Pavers
  • Exterior: Shingle
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Balcony, Garden Space, Natural Shade, Patio, Porch - Enclosed, ROW to Water, Storage
  • Water Body Access: Yes
  • Water Body Type: Harbor
  • Water Frontage Length: 80
  • Water Access Details: Directly Adjoining
  • Water Body Name 2: Little Harbor
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Garage, EV Charging Station(s)
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Auto Open, Direct Entry

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s), Generator
  • Fuel Company: DF Richard
  • Sewer: Public Sewer at Street
  • Water: Public Water - At Street
  • Water Heater: Domestic, Owned
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air, Multi Zone, Stove - Gas
  • Cooling: Central AC
  • Utilities: Cable, Gas - Lp/Bottle, Internet - Cable

Schools

  • Elementary School: Maude H. Trefethen School
  • Middle School: Rye Junior High School
  • High School: Portsmouth High School
  • Elementary School: Maude H. Trefethen School
  • High School: Portsmouth High School

Lot Info

  • Map: 11
  • Lot: 2
  • Lot Sq Ft: 13504
  • Lot Acres: 0.31
  • Lot Description: Landscaped, Water View, Waterfront
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 5449
  • Deed Page: 2466
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 13664
  • Tax Year: 2022

MLS Schools

  • School Middle Jr: Rye Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Sep 12, 2023
Sold by
Greta H Gardner Ret and Gardner
Bought by
27 Locke Road Llc
Seller's Agent
Laura Ludes
Madden Group
Buyer's Agent
Joe Leddy
Duston Leddy Real Estate
List Price
$4,500,000
Sold Price
$4,000,000
Premium/Discount to List
-$500,000
-11.11%
Total Days on Market
47
Views
533
Current Estimated Value
$4,300,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,981
Avg. Annual Appreciation
5.19%
Original Mortgage
$3,000,000
Outstanding Balance
$2,955,345
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,391,064

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jun 17, 2013
Sold by
Fortmann Richard H and Crowley Anne
Bought by
S M & G M Gardner Ret and Gardner
Seller's Agent
Lynne Joyce
Tate & Foss Sotheby's International Rlty
Buyer's Agent
Janet Sylvester
Great Island Realty LLC
List Price
$1,890,000
Sold Price
$1,800,000
Premium/Discount to List
-$90,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%

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
27 Locke Road Llc $4,000,000 None Available
27 Locke Road Llc $4,000,000 None Available
S M & G M Gardner Ret $1,800,000 --
S M & G M Gardner Ret $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 27 Locke Road Llc $3,000,000
Closed 27 Locke Road Llc $3,000,000
Previous Owner Steven M Gardner Ret 2 $1,440,000
Closed S M & G M Gardner Ret $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $4,000,000 -11.1% $860 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $4,500,000 +150.0% $968 / Sq Ft
06/14/2013 06/14/13 Sold $1,800,000 -4.8% $375 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $1,890,000 -- $394 / 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 $16,367 $3,036,500 $2,033,900 $1,002,600
2023 $15,122 $3,036,500 $2,033,900 $1,002,600
2022 $13,664 $3,036,500 $2,033,900 $1,002,600
2021 $14,514 $3,036,500 $2,033,900 $1,002,600
2020 $10,814 $1,716,500 $1,084,300 $632,200
2019 $10,625 $1,716,500 $1,084,300 $632,200
2018 $3,766 $1,716,500 $1,084,300 $632,200
2016 $5,944 $1,716,500 $1,084,300 $632,200
2015 $9,809 $1,532,700 $940,200 $592,500
2014 $10,116 $1,532,700 $940,200 $592,500
2013 $9,977 $1,561,400 $938,500 $622,900
Source: Public Records

Agents Affiliated with this Home

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APN: NCAS-000011-000002