NOT LISTED FOR SALE

Estimated Value: $3,726,278 - $4,026,000

5 Beds
3.5 Baths
3,966 Sq Ft
$975/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $3,959,000 $998 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $23,136/month

29 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 95 Feet of Waterfront
  • Deck
  • Maude H. Trefethen School Rated A+
  • 1.53 Acre Lot
  • Multiple Fireplaces

About This Home

As of June 2024

Trustee’s Sale at AUCTION Direct Waterfront Estate (the listed price is merely the assessed value being used as a place holder and not the auction price) Online-only Bidding Ends: May 15th at 1:00 p.m. 38 Laurel Lane is located on a high perch overlooking the Piscataqua with panoramic water views. This expansive 1.53± acre property offers a generous 95.99± feet of water frontage. Facing due west, this idyllic escape boasts spectacular sunsets stretching towards Lady Isle and offers direct access to the river. The original 1920s Tudor-style home brimming with character and history has 3,966± square feet of living space, featuring 5 bedrooms and 4 bathrooms serviced by public water and sewer. Terms: A $25,000 deposit by check or e-check will be delivered to the auction company as a qualification to bid. Successful bidder to deliver earnest money totaling 10% of the total purchase price no later than, Thursday, May 16th at 1:00 p.m. with the balance due at closing within 30 days of the auction. A 7% buyer’s premium will be added to the high bid price to become the total purchase price. Property is being sold free and clear of all liens by Fiduciary Deed. Offered subject to confirmation of the Trustee. Delayed showings begin May 6th

Last Agent to Sell the Property

Justin Conway

Paul McInnis LLC License #063340 Listed on: 04/17/2024

Co-Listed By

Paul McInnis

Paul McInnis LLC License #000555

Last Buyer's Agent

Janet Janigan

Focus East Realty License #063661

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,519

Year Built

  • Built in 1920

Lot Details

  • 1.53 Acre Lot
  • 95 Feet of Waterfront
  • West Facing Home
  • Lot Sloped Up
  • Garden

Parking

  • 1 Car Garage

Home Design

  • Tudor Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2.5-Story Property
  • Multiple Fireplaces
  • Water Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Deck
  • Enclosed patio or porch

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 32
  • 5% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,519

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Assessment Amount: 3718700
  • Assessment Year: 2023
  • Construction: Existing
  • Exposure: West
  • Total Stories: 2.5
  • Price Per Sq Ft: 998.23
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1920
  • Remarks Public: Trustee’s Sale at AUCTION Direct Waterfront Estate (the listed price is merely the assessed value being used as a place holder and not the auction price) Online-only Bidding Ends: May 15th at 1:00 p.m. 38 Laurel Lane is located on a high perch overlooking the Piscataqua with panoramic water views. This expansive 1.53± acre property offers a generous 95.99± feet of water frontage. Facing due west, this idyllic escape boasts spectacular sunsets stretching towards Lady Isle and offers direct access to the river. The original 1920s Tudor-style home brimming with character and history has 3,966± square feet of living space, featuring 5 bedrooms and 4 bathrooms serviced by public water and sewer. Terms: A $25,000 deposit by check or e-check will be delivered to the auction company as a qualification to bid. Successful bidder to deliver earnest money totaling 10% of the total purchase price no later than, Thursday, May 16th at 1:00 p.m. with the balance due at closing within 30 days of the auction. A 7% buyer’s premium will be added to the high bid price to become the total purchase price. Property is being sold free and clear of all liens by Fiduciary Deed. Offered subject to confirmation of the Trustee. Delayed showings begin May 6th
  • List Agent: 13278
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Tudor
  • ResoLotFeatures: Sloping, View, Water View, Waterfront
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Cooktop - Gas, Dishwasher, Oven - Double, Oven - Wall, Refrigerator, Water Heater - Off Boiler
  • Features Interior: Fireplaces - 2, Kitchen Island, Laundry - Basement
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Basement Access Type: Interior
  • Basement Description: Concrete, Stairs - Interior, Unfinished, Walkout, Exterior Access
  • Sq Ft - Apx Finished AG: 3966
  • Sq Ft - Apx Total: 5533
  • Sq Ft - Apx Total Finished: 3966
  • Sq Ft - Apx Unfinished BG: 1567

Exterior Features

  • Driveway: Paved
  • Foundation: Brick, Concrete, Granite, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Deck, Garden Space, Porch - Enclosed
  • Water Body Access: Yes
  • Water Body Type: River
  • Water Frontage Length: 95
  • Water Restrictions: Unknown
  • Water Access Details: Deep Water Access
  • Water Body Name 2: Piscataqua River
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes
  • Construction Type: Wood Frame, Wood Siding

Garage/Parking

  • Garage Capacity: 1
  • Parking: Garage, On-Site, Paved, Detached
  • Garage: Yes

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Water Source: Public

Schools

  • School District: New Castle
  • 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: 32
  • Lot Sq Ft: 66647
  • Lot Acres: 1.53
  • Surveyed: Yes
  • Zoning: res
  • Deed Book: 5878
  • Deed Page: 1522
  • Deed Recorded Type: Warranty

Rental Info

  • Rented: Yes

Tax Info

  • Tax Rate: 4.98
  • Tax Gross Amount: 18519
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 13, 2024
Sold by
Winston Leonard Rt and Hughes
Bought by
Onward & Upward 2000 Ret and Janigan
Seller's Agent
Justin Conway
Paul McInnis LLC
Buyer's Agent
Janet Janigan
Focus East Realty
List Price
$3,718,700
Sold Price
$3,959,000
Premium/Discount to List
$240,300
6.46%
Views
29
Current Estimated Value
$3,868,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,907
Avg. Annual Appreciation
-2.21%

Purchase Details

Listed on
Mar 23, 2017
Closed on
Dec 11, 2017
Sold by
Laurie P Clark Ret
Bought by
Winston Leonard Rt
Seller's Agent
Tanner Birr
BHHS Verani Seacoast
Buyer's Agent
Patrick Carey
Carey Giampa, LLC/Seabrook Beach
List Price
$2,250,000
Sold Price
$1,750,000
Premium/Discount to List
-$500,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$1,400,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Onward & Upward 2000 Ret $3,700,000 None Available
Onward & Upward 2000 Ret $3,700,000 None Available
Winston Leonard Rt $1,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winston Leonard Rt $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $3,959,000 +6.5% $998 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $3,718,700 +112.5% $938 / Sq Ft
12/11/2017 12/11/17 Sold $1,750,000 -12.5% $456 / Sq Ft
06/09/2017 06/09/17 Price Changed $2,000,000 -11.1% $522 / Sq Ft
03/23/2017 03/23/17 For Sale $2,250,000 -- $587 / 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 $20,044 $3,718,700 $3,127,700 $591,000
2023 $18,519 $3,718,700 $3,127,700 $591,000
2022 $16,734 $3,718,700 $3,127,700 $591,000
2021 $18,329 $3,834,500 $3,127,700 $706,800
2020 $10,553 $1,675,000 $1,138,300 $536,700
2019 $10,368 $1,675,000 $1,138,300 $536,700
2018 $10,050 $1,675,000 $1,138,300 $536,700
2016 $7,259 $1,716,500 $1,207,200 $509,300
2015 $10,552 $1,648,800 $1,100,300 $548,500
2014 $10,882 $1,648,800 $1,100,300 $548,500
2013 $10,536 $1,648,800 $1,100,300 $548,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4991732

PrimeMLS

APN: NCAS-000011-000032