NOT LISTED FOR SALE

501 Central Rd Rye, NH 03870

Estimated Value: $1,526,000 - $2,177,000

4 Beds
2.5 Baths
3,049 Sq Ft
$606/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $770,000 $253 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $10,741/month

140 Days on Market

Highlights

  • In Ground Pool
  • Cape Cod Architecture
  • Multiple Fireplaces
  • Rye Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of May 2019

Nestled within the Town of Rye on 0.73 acres, the iconic Sunshine and Buttercups residence is on the market for the first time in 45 years! With just a short walk to the beach, the original owners have put love and care into their family home filled with rich memories. The circular drive sets the tone for great curb appeal with gorgeous gardens and a salt water in ground gunite pool. Custom built, the living room is detailed with a wood cathedral ceiling and stone wood burning fireplace. Step out from the living room to enjoy the view of the gardens from the wrap around deck. Dining room with corner cabinet and fully applianced updated kitchen with wall ovens, farmers sink, corian countertops, and handcrafted cabinetry. The first floor features three bedrooms, two baths, and a spacious family room. Upstairs you will find the master bedroom with sitting area and balcony overlooking the private backyard. The second floor also includes a spacious office or den. The lower level is perfect for overflow guests and features a fireplace, half bath and walk out patio doors leading to the pool and firepit for the ease of outdoor entertaining. The family recreation room also includes an exercise room, study, built in bar, and workshop. So much space and many numerous possibilities! The outdoor sheds provide for more storage and certainly adds to the ambiance that this charming home has to offer! Close to Portsmouth, low taxes and highly rated school system.

Last Agent to Sell the Property

Judith Bodi

Carey Giampa, LLC/Rye License #002031 Listed on: 08/27/2018

Carey Giampa, LLC/Rye

Last Buyer's Agent

A non PrimeMLS member

A Non PrimeMLS Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,874

Year Built

  • Built in 1973

Lot Details

  • 0.73 Acre Lot
  • Landscaped
  • Lot Sloped Up
  • Irrigation
  • Wooded Lot
  • Garden
  • Property is zoned MDL-01

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 1.5-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Blinds
  • Attic

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 016 / 016

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,874

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: From Ocean Boulevard (Route 1A) in Rye, proceed onto Central Road. The property is on the left.
  • Flood Zone: Unknown
  • Assessment Amount: 960500
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 252.54
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1973
  • Remarks Public: Nestled within the Town of Rye on 0.73 acres, the iconic Sunshine and Buttercups residence is on the market for the first time in 45 years! With just a short walk to the beach, the original owners have put love and care into their family home filled with rich memories. The circular drive sets the tone for great curb appeal with gorgeous gardens and a salt water in ground gunite pool. Custom built, the living room is detailed with a wood cathedral ceiling and stone wood burning fireplace. Step out from the living room to enjoy the view of the gardens from the wrap around deck. Dining room with corner cabinet and fully applianced updated kitchen with wall ovens, farmers sink, corian countertops, and handcrafted cabinetry. The first floor features three bedrooms, two baths, and a spacious family room. Upstairs you will find the master bedroom with sitting area and balcony overlooking the private backyard. The second floor also includes a spacious office or den. The lower level is perfect for overflow guests and features a fireplace, half bath and walk out patio doors leading to the pool and firepit for the ease of outdoor entertaining. The family recreation room also includes an exercise room, study, built in bar, and workshop. So much space and many numerous possibilities! The outdoor sheds provide for more storage and certainly adds to the ambiance that this charming home has to offer! Close to Portsmouth, low taxes and highly rated school system.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Electric, Dishwasher, Dryer, Microwave, Oven - Double, Oven - Wall, Refrigerator, Washer
  • Equipment: Air Conditioner, Central Vacuum, Irrigation System
  • Features Accessibility: 1st Floor 3/4 Bathroom, 1st Floor Bedroom
  • Features Interior: Attic, Blinds, Cathedral Ceiling, Fireplace - Wood, Fireplaces - 2, Laundry Hook-ups, Skylight, Vaulted Ceiling, Whirlpool Tub
  • Total Bedrooms: 4
  • Flooring: Carpet, Concrete, Laminate, Tile
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Concrete Floor, Daylight, Finished, Full, Stairs - Interior, Unfinished, Walkout
  • Level 1: Level 1: Bedroom, Level 1: Dining Room, Level 1: Family Room, Level 1: Kitchen, Level 1: Living Room
  • Level 2: Level 2: Master Bedroom, Level 2: Office/Study
  • Basement Level Rooms: Level B: Rec Room
  • Room 1: Living Room, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Family Room, On Level: 1
  • Room 8: Master Bedroom, On Level: 2
  • Room 9: Office/Study, On Level: 2
  • Room 10: Basement
  • Sq Ft - Apx Finished AG: 3049
  • Sq Ft - Apx Finished BG: 1926
  • Sq Ft - Apx Total: 5789
  • Sq Ft - Apx Total Finished: 4975
  • Sq Ft - Apx Unfinished BG: 330
  • Sq Ft - Apx Unfinished AG: 484

Exterior Features

  • Construction: Wood Frame
  • Driveway: Circular, Paved
  • Exterior: Clapboard
  • Foundation: Concrete, Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural
  • Easements: Yes
  • Features Exterior: Balcony, Deck, Garden Space, Outbuilding, Pool - In Ground, Shed, Storage

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Auto Open, Direct Entry

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Septic
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Water, Multi Zone
  • Cooling: Wall AC Units

Schools

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

Lot Info

  • Map: 005
  • Lot: 016
  • Lot Sq Ft: 31799
  • Lot Acres: 0.73
  • Lot Description: Landscaped, Wooded
  • Surveyed: Unknown
  • Zoning: MDL-01
  • Deed Book: 5778
  • Deed Page: 2149
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 9874
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
May 7, 2019
Sold by
Hodgeman Ft and Hodgeman
Bought by
Fulwadhva Urvi and Sullivan Michael
Seller's Agent
Judith Bodi
Carey Giampa, LLC/Rye
Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
List Price
$879,500
Sold Price
$770,000
Premium/Discount to List
-$109,500
-12.45%
Current Estimated Value
$1,848,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,078,730
Avg. Annual Appreciation
14.72%
Original Mortgage
$616,000
Outstanding Balance
$539,377
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,309,353

Purchase Details

Closed on
Dec 2, 2016
Sold by
Hodgeman William R and Hodgeman Katherine M
Bought by
Hodgeman Ft and Hodgeman
Source: Public Records

Range of Values:

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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
Fulwadhva Urvi $770,000 --
Fulwadhva Urvi $9,000 --
Hodgeman Ft -- --
Hodgeman Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulwadhva Urvi $616,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2019 05/15/19 Sold $770,000 -3.7% $253 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
10/29/2018 10/29/18 Price Changed $799,900 -9.1% $262 / Sq Ft
08/27/2018 08/27/18 For Sale $879,500 -- $288 / 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 $11,266 $1,300,900 $585,800 $715,100
2023 $10,446 $1,300,900 $585,800 $715,100
2022 $9,080 $1,300,900 $585,800 $715,100
2021 $10,114 $989,600 $461,900 $527,700
2020 $10,272 $989,600 $461,900 $527,700
2019 $9,892 $967,900 $461,900 $506,000
2018 $10,560 $960,500 $461,900 $498,600
2017 $9,711 $960,500 $461,900 $498,600
2016 $8,529 $798,600 $298,400 $500,200
2015 $8,705 $798,600 $298,400 $500,200
2013 $8,758 $798,400 $298,400 $500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4715153

PrimeMLS

APN: RYEE-000005-000000-000016