NOT LISTED FOR SALE

500 Lear Hill Rd Newport, NH 03773

Estimated Value: $512,000 - $567,959

3 Beds
2 Baths
2,202 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $449,500 $204 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,532/month

48 Days on Market

Highlights

  • Above Ground Pool
  • Cape Cod Architecture
  • 4 Car Detached Garage
  • 6.02 Acre Lot
  • Wood Flooring
  • Zoned Heating

About This Home

As of June 2023

Meticulously maintained Cape on 6+ acres with beautiful stone walls. New kitchen features top of the line appliances, stylish lighting and custom cabinetry. Leads to the dining room with mini split, electric fireplace plus new French doors that open to a private backyard with hot tub and above ground pool. The living room has wide wood floors and ample windows. Main bedroom or Den on first level plus two bedrooms on second level. Full basement and a detached, oversized garage provide ample room for storage and hobbies. Enjoy the opportunity to own a large yard with blueberry bushes and fruit trees.

Last Agent to Sell the Property

Carol Shepherd

C.G. Shepherd Realty, LLC License #081.0056870 Listed on: 03/28/2023

Last Buyer's Agent

Bob Ciminel

BHHS Verani Upper Valley

BHHS Verani Upper Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,650

Year Built

  • Built in 2003

Lot Details

  • 6.02 Acre Lot
  • Landscaped
  • Lot Sloped Up
  • Property is zoned Rural

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Dry Walled Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,202 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Electric Range
  • ENERGY STAR Qualified Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Laundry in Basement
  • Basement Storage

Pool

  • Above Ground Pool
  • Spa

Schools

  • Unity Elementary School
  • Unity Middle School
  • Choice High School

Utilities

  • Mini Split Air Conditioners
  • Zoned Heating
  • Mini Split Heat Pump
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Drilled Well
  • Septic Tank
  • Leach Field
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Tax Lot 170-3-C6
  • 29% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,650

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: Route 10 to Coon Brook Road to Left on Lear Hill Road #500
  • Assessment Amount: 229400
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 204.13
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 2003
  • Remarks Public: Meticulously maintained Cape on 6+ acres with beautiful stone walls. New kitchen features top of the line appliances, stylish lighting and custom cabinetry. Leads to the dining room with mini split, electric fireplace plus new French doors that open to a private backyard with hot tub and above ground pool. The living room has wide wood floors and ample windows. Main bedroom or Den on first level plus two bedrooms on second level. Full basement and a detached, oversized garage provide ample room for storage and hobbies. Enjoy the opportunity to own a large yard with blueberry bushes and fruit trees.
  • List Agent: 17885
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dishwasher - Energy Star, Range - Electric, Refrigerator-Energy Star, Washer
  • Equipment: Smoke Detector
  • Features Interior: Blinds, Dining Area, Hot Tub, Laundry Hook-ups, Living/Dining, Window Treatment, Laundry - Basement
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Full, Stairs - Interior, Storage Space, Unfinished
  • Level 1: Level 1: Bedroom, Level 1: Dining Room, Level 1: Foyer, Level 1: Kitchen, Level 1: Living Room
  • Level 2: Level 2: Bedroom
  • Room 1: Bedroom, 12x14, On Level: 1
  • Room 2: Bedroom, 26x14, On Level: 2
  • Room 3: Bedroom with Bath, 26x14, On Level: 2
  • Room 4: Dining Room, 14x16, On Level: 1
  • Room 5: 1, 8x8
  • Room 6: Kitchen, 14x12, On Level: 1
  • Room 7: Living Room, 20x14, On Level: 1
  • Sq Ft - Apx Finished AG: 2202
  • Sq Ft - Apx Total: 2202
  • Sq Ft - Apx Total Finished: 2202

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Pool - Above Ground

Garage/Parking

  • Garage Capacity: 4
  • Parking: Driveway, Garage, Parking Spaces 4
  • Garage Type: Detached
  • Garage: Yes
  • Garage Description: Finished, Heated

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Concrete, Leach Field, Septic
  • Water: Drilled Well
  • Water Heater: Off Boiler
  • Heating Fuel: Electric, Oil
  • Heating: Baseboard, Hot Water, Multi Zone, Mini Split
  • Cooling: Mini Split
  • Utilities: High Speed Intrnt -Avail, Telephone Available

Schools

  • School District: Unity
  • Elementary School: Unity Elementary School
  • Middle School: Unity Middle School
  • High School: Choice
  • Elementary School: Unity Elementary School
  • High School: Choice

Lot Info

  • Map: 9
  • Lot: 170-3-C6
  • Lot Sq Ft: 262231
  • Lot Acres: 6.02
  • Lot Description: Landscaped
  • Surveyed: Yes
  • Zoning: Rural
  • Deed Book: 1965
  • Deed Page: 63
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 28.99
  • Tax Gross Amount: 6650.31
  • Tax Year: 2022

MLS Schools

  • School District: Unity
  • School Middle Jr: Unity Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jun 28, 2023
Sold by
Hill Peter and Hill Tanya
Bought by
Tracy Christopher L and Tracy Rachel C
Seller's Agent
Carol Shepherd
C.G. Shepherd Realty, LLC
Buyer's Agent
Bob Ciminel
BHHS Verani Upper Valley
List Price
$449,500
Sold Price
$449,500
Views
107
Current Estimated Value
$540,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,990
Avg. Annual Appreciation
8.42%
Original Mortgage
$386,500
Outstanding Balance
$376,575
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,915

Purchase Details

Listed on
Aug 20, 2015
Closed on
Jan 27, 2016
Sold by
Johnson James E and Johnson Michelle L
Bought by
Hill Peter and Hill Tanya
Seller's Agent
Jan Ranney
Coldwell Banker Homes Unlimited
Buyer's Agent
Pam Richardson
Coldwell Banker LIFESTYLES - Sunapee
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$211,105
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2002
Sold by
Ferreira Dennis and Ferreira Yvonne E
Bought by
Johnson James E and Johnson Michelle L
Source: Public Records

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
Tracy Christopher L $449,533 None Available
Hill Peter $215,000 --
Johnson James E $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tracy Christopher L $386,500
Previous Owner Hill Peter $211,105
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2023 06/28/23 Sold $449,500 0.0% $204 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $449,500 0.0% $204 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $449,500 +109.1% $204 / Sq Ft
01/27/2016 01/27/16 Sold $215,000 0.0% $124 / Sq Ft View Prior Sale
12/16/2015 12/16/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $215,000 -- $124 / 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 $8,004 $459,200 $94,600 $364,600
2023 $7,178 $239,600 $60,800 $178,800
2022 $6,650 $229,400 $60,800 $168,600
2021 $6,565 $229,400 $60,800 $168,600
2020 $6,373 $229,400 $60,800 $168,600
2019 $6,536 $229,400 $60,800 $168,600
2018 $6,093 $203,500 $56,800 $146,700
2017 $5,885 $203,500 $56,800 $146,700
2016 $6,131 $203,500 $56,800 $146,700
2015 $5,615 $203,500 $56,800 $146,700
2014 $5,379 $203,500 $56,800 $146,700
2013 $5,921 $239,700 $42,600 $197,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4946841

PrimeMLS

APN: UNIT-000090-000000-017000-000003-C6