$725,000
PENDING $54K PRICE DROP

37 Central Rd Rye, NH 03870

Estimated payment $4,233/month

Total Views 107,538
-- Bed
-- Bath
2,400 Sq Ft
$302 Price per Sq Ft

Highlights

  • Post and Beam
  • Interior Lot
  • Trails
  • Rye Elementary School Rated A
  • 10 Car Garage

About This Home

The Old Electric Trolley Barn – Rye Center. Single Family home or: For those seeking alternative uses, the barn also lends itself well to multiple car/boat storage or quiet office. Built in 1898 by the Boston & Maine Railroad, this historic barn is a true Rye landmark. Perfectly situated in the heart of Rye Center, the property is just steps from the Town Hall, Public Library, Town Safety Building, Junior High School, and Parsons Field.
Set on 0.28 acres, the solid barn has undergone extensive interior work and offers remarkable potential. With residential zoning in place, the property presents a rare opportunity to create a beautiful single-family home in a quiet neighborhood of similar properties. Home plans are available (subject to approval), and a 3-bedroom septic design and engineering work have already been completed. Variances approved in 2023 further enhance the buildability of this unique site. Beyond the property line, enjoy proximity to Rye’s Town Forest with its network of trails, and just minutes away, some of New Hampshire’s finest family beaches. With buildable lots in Rye becoming increasingly scarce, this property represents a rare blend of history, location, and future potential.

Listing Agent

Rosalie Andrews

Engel & Volkers Portsmouth Brokerage Phone: 603-566-9904 License #053538 Listed on: 08/27/2025

Engel & Volkers Portsmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,162

Year Built

  • Built in 1898

Lot Details

  • 0.28 Acre Lot
  • Interior Lot
  • Level Lot

Parking

  • 10 Car Garage
  • Dirt Driveway

Home Design

  • Post and Beam
  • Wood Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 1 Level

Schools

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

Utilities

  • Septic Needed
  • Septic Design Available

Community Details

  • Trails

Listing and Financial Details

  • Tax Lot 038
  • Assessor Parcel Number 012

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,162

Year Built

Built in 1898

Lot Details

0

Parking

10

Listing Details

  • Directions: From Town Center (Washington Rd) take Central Rd. Building is 4th on right
  • Seasonal: No
  • Property Type: Residential
  • Year Built: 1898
  • Display On Internet: None
  • Architectural Style: Post and Beam
  • ResoLotFeatures: Interior Lot, Level, Trail/Near Trail, Walking Trails, Near School(s)
  • Road Frontage Type: Paved
  • PropertySubType: Single Family Residence
  • Attribution Contact: Cell: 603-566-9904
  • MLS Status: (30) Under Contract - Pending
  • Above Grade Finished Sq Ft: 2400.0
  • Unit Levels: One
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Mobile_Home: No
  • Pre_Construction: No
  • Timeshare_Or_Fract_Ownrshp: No
  • Above_Grade_Unfinished_Area_Source: Assessor
  • Below_Grade_Unfinished_Area_Source: Assessor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement YN: No

Exterior Features

  • Driveway: Dirt, Paved
  • Roof: Shingle
  • Easements: No
  • Construction Type: Wood Frame
  • Exclusions: Clean out of building will occur prior to closing
  • Foundation Details: Poured Concrete, Wood

Garage/Parking

  • Garage Spaces: 10.0
  • Attached Garage: Yes

Utilities

  • Electric: On-Site
  • Sewer: On-Site Septic Needed, Septic Design Available
  • Heating: None
  • Cooling: None
  • Utilities: None
  • Water Source: Public Water On-Site

Schools

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

Lot Info

  • Surveyed: Yes
  • Zoning: Residential
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5162.0
  • Tax Block: 000
  • Tax Lot: 038
  • Tax Map Number: 012

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,652 $537,200 $452,100 $85,100
2023 $4,496 $559,900 $452,100 $107,800
2022 $3,908 $559,900 $452,100 $107,800
2021 $3,660 $358,100 $278,000 $80,100
2020 $0 $354,900 $278,000 $76,900
2019 $0 $354,900 $278,000 $76,900
2018 $0 $354,900 $278,000 $76,900
2017 $0 $354,900 $278,000 $76,900
2016 -- $296,900 $211,300 $85,600
2013 -- $352,000 $211,300 $140,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 Pending -- -- --
10/14/2025 10/14/25 Price Changed $725,000 -3.2% $302 / Sq Ft
09/19/2025 09/19/25 Price Changed $749,000 -3.9% $312 / Sq Ft
08/27/2025 08/27/25 For Sale $779,000 +35.0% $325 / Sq Ft
06/09/2022 06/09/22 Sold $577,000 0.0% $204 / Sq Ft View Prior Sale
01/21/2022 01/21/22 Pending -- -- --
11/12/2021 11/12/21 For Sale $577,000 -- $204 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $577,000 None Available
Warranty Deed $577,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Purchase Money Mortgage
Source: Public Records

Source: PrimeMLS

MLS Number: 5058431

PrimeMLS

APN: RYEE-000012-000000-000038