NOT LISTED FOR SALE

42 Summit Rd Newport, NH 03773

Estimated Value: $369,000 - $488,000

4 Beds
1.5 Baths
2,251 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $97,500 $43 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $3,086/month

58 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Breakfast Area or Nook
  • Wooded Lot
  • Mud Room
  • Circular Driveway

About This Home

As of May 2015

Historic home in prestigious Newport neighborhood. Located on a corner lot surrounded by pine trees. This home has sustained water damage, therefore the first floor has been gutted. The second floor remains in tact and only in need of cosmetic updates. Spacious first floor includes family room with wood stove, kitchen, breakfast room, 1/2 bath, formal dining room and formal living room with fireplace. There are 4 bedrooms on the second floor and a 3/4 bath that was remodeled in 2006 including tile shower and new vanity. An oversized detached 2-car garage and circular driveway. Although extensive work is needed, this home has a great floorplan, high ceilings and is located close to the center of Newport but very private. An additional adjacent 3 acre lot is available for purchase for $25,000.

Last Agent to Sell the Property

Stefan Timbrell

Coldwell Banker LIFESTYLES Listed on: 02/14/2015

Coldwell Banker LIFESTYLES

Last Buyer's Agent

Andreya Berry

Fathom Realty NH License #055191

Fathom Realty NH

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.97 Acre Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R110- SFR

Parking

  • 2 Car Detached Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Federal Architecture
  • Repairs Needed
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Wood Burning Fireplace
  • Mud Room
  • Family Room
  • Dining Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Outbuilding

Schools

  • Towle Elementary School
  • Newport Middle And High School
  • Newport Middle High School

Utilities

  • Hot Water Heating System
  • Generator Hookup
  • Leach Field

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Directions: Route 103 West. Right on Summit Road, 2nd house on the right.
  • Seasonal: No
  • Property Type: Residential
  • Year Built: 1920
  • Architectural Style: Colonial, Federal, Rehab Needed
  • ResoLotFeatures: Alternative Lots Avail, Corner Lot, Country Setting, Landscaped, Level, Wooded
  • Road Frontage Type: Paved, Public
  • PropertySubType: Single Family Residence
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2251.0
  • Reso Interior Features: Fireplace - Wood, Fireplaces - 1
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Room_1_Type: Kitchen
  • Room_10_Type: Bedroom
  • Room_17_Type: Bath - 1/2
  • Room_2_Type: Dining Room
  • Room_4_Type: Family Room
  • Room_5_Type: Mudroom
  • Room_6_Type: Breakfast Nook
  • Room_7_Type: Primary Bedroom
  • Room_8_Type: Bedroom
  • Room_9_Type: Bedroom
  • SqFt_Apx_Total_Finished: 2251
  • SqFt_Apx_Unfn_Below_Grade: 936
  • Basement_Access_Type: Walkout
  • Room_13_Type: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Heater - Off Boiler
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Basement: Concrete, Full, Stairs - Interior, Unfinished
  • Other Equipment: Security System
  • Basement YN: Yes
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Driveway: Circular, Paved
  • Exterior Features: Outbuilding
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Clapboard, Wood
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Driveway, Parking Spaces 6+, Detached

Utilities

  • Electric: 100 Amp Service, Circuit Breakers, Generator Ready
  • Sewer: Leach Field, Private Sewer, Septic Tank
  • Heating: Oil, Hot Water, Stove, Wood Stove
  • Water Source: Public

Schools

  • Elementary School: Towle Elementary School
  • High School: Newport Middle High School
  • Middle Or Junior School: Newport Middle and High School

Lot Info

  • Surveyed: Yes
  • Zoning: R110- SFR
  • Lot Size Acres: 0.97
  • Lot Size Sq Ft: 42253.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7204.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2016
Sold by
Pickering Erin L
Bought by
Pickering Joel R
Current Estimated Value
$424,932
Source: Public Records

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
Pickering Joel R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickering Erin $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2015 05/13/15 Sold $97,500 -18.1% $43 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
02/14/2015 02/14/15 For Sale $119,000 -- $53 / 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 $8,873 $365,000 $92,300 $272,700
2023 $8,607 $365,000 $92,300 $272,700
2022 $7,629 $365,000 $92,300 $272,700
2021 $6,534 $198,000 $56,200 $141,800
2020 $6,554 $198,000 $56,200 $141,800
2019 $6,441 $198,000 $56,200 $141,800
2018 $6,019 $198,000 $56,200 $141,800
2017 $5,843 $194,500 $56,200 $138,300
2016 $5,416 $188,500 $52,800 $135,700
2015 $4,037 $138,000 $52,800 $85,200
2014 $6,603 $208,700 $52,800 $155,900
2013 $6,259 $208,700 $52,800 $155,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4403171

PrimeMLS

APN: NWPT-000112-002000