NOT LISTED FOR SALE

40 Sage Ln Unit 4 Portsmouth, NH 03801

Estimated Value: $1,465,666 - $1,555,000

3 Beds
2.5 Baths
2,650 Sq Ft
$576/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $1,175,000 $443 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,385/month

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Double Pane Windows
  • New Franklin School Rated A
  • Walk-In Pantry
  • Walk-In Closet

About This Home

As of March 2024

A Rare find in Portsmouth: Brand New, Never-Been-Lived-In, New Construction, AVAILABLE MARCH 15TH, 2024 for a Long-Term Lease, up to 3 Years (Minimum 26 months). This stunning, sun-splashed, 3-BR / 2.5 BA with 2-car attached garage makes living easy. Enjoy association amenities such as Conservation Land, Two Community Parks, a Connection to Boston/Maine Rail Trail, and sidewalks and walkways within the neighborhood. Tenant responsible for monthly HOA Fee: $300 (covers landscaping, snow plowing, trash removal etc.). Ample storage in the full, waterproofed, unfinished basement. This property is serviced by natural gas as well as City water and sewer. Enjoy all Portsmouth has to offer while being Convenient to Hospitals and Commuter Routes. Credit, eviction, criminal and self reported income Verification via TransUnion, $45 fee paid by tenant. Income/Asset Verification and 4 weeks of paystubs required.

Last Agent to Rent the Property

Holly Wernig

Madden Group License #080382 Listed on: 02/27/2024

Madden Group

Co-Listed By

Jennifer Madden

Madden Group License #061307

Last Renter's Agent

Holly Wernig

Madden Group License #080382 Listed on: 02/27/2024

Madden Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,624

Year Built

  • Built in 2023

Lot Details

  • Landscaped
  • Sprinkler System
  • Garden

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Combination Kitchen and Dining Room
  • Storage
  • Interior and Exterior Basement Entry

Kitchen

  • Walk-In Pantry
  • Gas Cooktop
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Portsmouth Middle School
  • Portsmouth High School

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 200+ Amp Service
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $5,500
  • Tenant pays for cooling, electric, heat, hot water, insurance, internet service, sewer, TV service, water

Community Details

Overview

  • Application Fee Required
  • Association fees include hoa fee, landscaping, plowing, trash
  • Parson Woods Subdivision

Amenities

  • Common Area

Recreation

  • Trails
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,624

Year Built

Built in 2023

Lot Details

0

HOA Fees

$300 per month

Parking

2

Rental Info

  • Deposit: 5500
  • Lease Term: Annual
  • Rental Amount Frequency: Monthly
  • Tenant Pays: Cooling, Electric, Heat, Hot Water, Insurance, Internet Service, Sewer, TV Service, Water
  • Price Rented: 5500

Listing Details

  • Status Detail: Leased
  • Development Subdivision: Parson Woods
  • Directions: From downtown Middle Road, left onto Peverly Hill Road, right onto Sage Lane, house on right.
  • Units per Building: 1
  • Construction: Existing
  • Total Stories: 2
  • Property Class: Rental
  • Property Type: Single Family
  • Year Built: 2023
  • List Agent: 290736
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Cape
  • ResoLotFeatures: Condo Development, Landscaped, Street Lights, Trail/Near Trail
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Gas, Dishwasher - Energy Star, Disposal, Dryer, Range Hood, Microwave, Range - Gas, Refrigerator-Energy Star, Washer, Water Heater–Natural Gas, Water Heater - On Demand, Wine Cooler
  • Equipment: CO Detector, Irrigation System, Radon Mitigation, Smoke Detectr-HrdWrdw/Bat, Sprinkler System
  • Features Interior: Ceiling Fan, Dining Area, Fireplace - Gas, Fireplaces - 1, Kitchen Island, Kitchen/Dining, Primary BR w/ BA, Natural Light, Storage - Indoor, Walk-in Closet, Walk-in Pantry, Laundry - 1st Floor
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Tile
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Exterior Access
  • Level 1: Level 1: Bath - 1/2, Level 1: Great Room, Level 1: Kitchen, Level 1: Laundry Room, Level 1: Office/Study
  • Level 2: Level 2: Bedroom, Level 2: Bath - Full, Level 2: Primary Bdm Ste
  • Room 1: Great Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bath - 1/2, On Level: 1
  • Room 4: Laundry Room, On Level: 1
  • Room 5: 1
  • Room 6: Primary BR Suite, On Level: 2
  • Room 7: Bath - Full, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: 2
  • Sq Ft - Apx Finished AG: 2650
  • Sq Ft - Apx Total: 6625
  • Sq Ft - Apx Total Finished: 2650
  • Sq Ft - Apx Unfinished BG: 1325
  • Sq Ft - Apx Unfinished AG: 2650

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Privately Maintained
  • Roof: Shingle - Architectural
  • Features Exterior: Garden Space, Patio, Window Screens, Windows - Double Pane, Windows - Energy Star
  • Construction Type: Wood Frame, Vinyl Siding

Garage/Parking

  • Garage Capacity: 2
  • Parking: Auto Open, Direct Entry, Driveway, Garage, Paved, Attached
  • Garage: Yes

Utilities

  • Electric: 200 Amp, Underground
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Multi Zone
  • Cooling: Central AC
  • Utilities: Cable - Available, Telephone At Site, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Restrictions: Application Fee, Credit Check, Pets - Negotiable, References, Smoking - No, Tenancy Check
  • HOA Fee Frequency: Monthly
  • Fee: 300
  • Fee Includes: HOA Fee, Landscaping, Plowing, Trash
  • Association Amenities: Snow Removal, Landscaping, Common Acreage, Trash Removal

Schools

  • High School: Portsmouth High School

Lot Info

  • Unit/Lot Number: 4

MLS Schools

  • School District: Portsmouth
  • School Middle Jr: Portsmouth Middle 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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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 Prior Sale
03/26/2024 03/26/24 Rented $5,500 0.0% --
03/22/2024 03/22/24 Under Contract -- -- --
02/27/2024 02/27/24 For Rent $5,500 0.0% --
02/21/2024 02/21/24 Sold $1,175,000 0.0% $443 / Sq Ft View Prior Sale
02/19/2024 02/19/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $1,175,000 -- $443 / 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 $12,624 $1,129,200 $0 $1,129,200
2023 $3,065 $190,000 $0 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4986206

PrimeMLS

APN: PRSM M:0242 B:0004 L:4