NOT LISTED FOR SALE

55 Pit Ln New Castle, NH 03854

New Castle Island Neighborhood

Estimated Value: $1,403,333

3 Beds
2 Baths
1,924 Sq Ft
$729/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2022

Last sale price $1,050,000 $546 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,346 / mo

161 Days on Market

Highlights

  • Countryside Views
  • Circular Driveway
  • Landscaped
  • Maude H. Trefethen School Rated A+
  • 2 Car Attached Garage
  • Hot Water Heating System

About This Home

As of November 2022

A rare find in New Castle! If you are looking for privacy, peace and tranquility this is it. This home boasts three bedrooms, two full baths, eat in kitchen, large living room with wood burning fireplace, two car attached garage with space above, full basement with high ceilings. Close to downtown Portsmouth, Wentworth by the Sea Hotel, Marina and Country Club. A short walk to New Castle beach. All of this plus low New Castle taxes. Come refresh this home and make it your own. Be sure to view attached tours.

Last Agent to Sell the Property

Margaret Pesce

Great Island Realty LLC License #051117 Listed on: 05/19/2022

Last Buyer's Agent

Michael Whitney

KW Coastal and Lakes & Mountains Realty License #056048

KW Coastal and Lakes & Mountains Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,180

Year Built

  • Built in 1979

Lot Details

  • 23,958 Sq Ft Lot
  • Landscaped
  • Lot Sloped Up
  • Property is zoned MD MO

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Countryside Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry

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
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,180

Year Built

Built in 1979

Lot Details

0.55 Acres

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Gambrel
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 545.74
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1979
  • List Agent: 13231
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Full, Stairs - Exterior, Stairs - Interior, Unfinished, Interior Access, Exterior Access, Stairs - Basement
  • Level 1: Level 1: Dining Room, Level 1: Family Room, Level 1: Kitchen - Eat-in, Level 1: Living Room
  • Level 2: Level 2: Bedroom
  • Room 1: Kitchen - Eat-in, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Family Room, On Level: 1
  • Room 4: Living Room, On Level: 1
  • Room 5: 2
  • Room 6: Bedroom, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Sq Ft - Apx Finished AG: 1924
  • Sq Ft - Apx Total: 3504
  • Sq Ft - Apx Total Finished: 1924
  • Sq Ft - Apx Unfinished BG: 1060
  • Sq Ft - Apx Unfinished AG: 520

Exterior Features

  • Construction: Wood Frame
  • Driveway: Circular, Gravel
  • Exterior: Shingle, Wood Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Gravel, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Septic
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Utilities: Cable

Schools

  • Elementary School: Maude H. Trefethen School
  • High School: Portsmouth High School

Lot Info

  • Map: 12
  • Lot: 01
  • Lot Sq Ft: 23958
  • Lot Acres: 0.55
  • Lot Description: Country Setting, Landscaped
  • Surveyed: Yes
  • Zoning: MD MO
  • Deed Book: 5260
  • Deed Page: 0764
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Gross Amount: 4180
  • Tax Year: 2021

MLS Schools

  • School Middle Jr: Rye Junior High School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2025
Sold by
Mclean Jeffrey and Mclean Allison M
Bought by
Current Estimated Value
$1,403,333

Purchase Details

Listed on
May 19, 2022
Closed on
Nov 29, 2022
Sold by
Tabbutt Sylvia H Est and Windham
Bought by
Mclean Jeffrey G and Mclean Allison M
Seller's Agent
Margaret Pesce
Great Island Realty LLC
Buyer's Agent
Michael Whitney
KW Coastal and Lakes & Mountains Realty
List Price
$1,800,000
Sold Price
$1,050,000
Premium/Discount to List
-$750,000
-41.67%
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$775,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in New Castle Island, NH

  • Michael Whitney Real Estate Agent - KW Coastal and Lakes & Mountains Realty

    Michael Whitney

    KW Coastal and Lakes & Mountains Realty

    (207) 994-7678

    220 Total Sales

    1 in New Castle Island

    $1,050,000 Price

    Michael Whitney
     Section Image
  • Lee Ann Parks Real Estate Agent - EXP Realty

    Lee Ann Parks

    EXP Realty

    (603) 605-1749

    176 Total Sales

    1 in New Castle Island

    $1,900,000 Price

    Lee Ann Parks
     Section Image
  • Brenda Maggy Real Estate Agent - Beach Homes Realty

    Brenda Maggy

    Beach Homes Realty

    (207) 337-9917

    126 Total Sales

    1 in New Castle Island

    $3,200,000 Price

    Brenda Maggy
     Section Image
  • Justin Conway Real Estate Agent - Paul McInnis LLC

    Justin Conway

    Responds Quickly

    Paul McInnis LLC

    (207) 994-8284

    94 Total Sales

    3 in New Castle Island

    $413K - $5.7M Price Range

    Justin Conway
     Section Image
  • Tony Jalbert Real Estate Agent - Tate & Foss Sotheby's International Rlty

    Tony Jalbert

    Tate & Foss Sotheby's International Rlty

    (207) 690-6822

    92 Total Sales

    7 in New Castle Island

    $3M - $5.5M Price Range

    Tony Jalbert
     Section Image
  • Sharon Parker Real Estate Agent - Tate & Foss Sotheby's International Rlty

    Sharon Parker

    Tate & Foss Sotheby's International Rlty

    (207) 994-8579

    54 Total Sales

    1 in New Castle Island

    $3,200,000 Price

    Sharon Parker
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Mclean Jeffrey G $1,050,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $761,000
Previous Owner Mc-Lean Jeffrey $40,000
Previous Owner -- $775,000
Previous Owner Tabbutt Stephen $200,000
Previous Owner Tabbutt Sylvia H $938,250
Closed Tabbutt Sylvia H $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/29/2022 11/29/22 Sold $1,050,000 +5.0% $546 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/23/2022 10/23/22 Price Changed $1,000,000 -23.1% $520 / Sq Ft
10/06/2022 10/06/22 Price Changed $1,300,000 -7.1% $676 / Sq Ft
08/16/2022 08/16/22 Price Changed $1,400,000 -12.5% $728 / Sq Ft
07/11/2022 07/11/22 Price Changed $1,600,000 -11.1% $832 / Sq Ft
05/19/2022 05/19/22 For Sale $1,800,000 -- $936 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,090 $944,300 $594,900 $349,400
2024 $5,090 $944,300 $594,900 $349,400
2023 $4,355 $874,400 $565,200 $309,200
2022 $3,935 $874,400 $565,200 $309,200
2021 $4,180 $874,400 $565,200 $309,200
2020 $4,446 $705,700 $475,200 $230,500
2019 $4,368 $705,700 $475,200 $230,500
2018 $4,234 $705,700 $475,200 $230,500
2016 $4,128 $705,700 $475,200 $230,500
2015 $3,871 $604,900 $391,600 $213,300
2014 $3,992 $604,900 $391,600 $213,300
2013 $3,878 $606,900 $391,600 $215,300
Source: Public Records

Agents Affiliated with this Home

  • Margaret Pesce Real Estate Agent - Great Island Realty LLC

    Seller's Agent in 2022

    Margaret Pesce

    Great Island Realty LLC

    (603) 340-1042

    26 in this area

    65 Total Sales

    Margaret Pesce
    Section Image
  • Michael Whitney Real Estate Agent - KW Coastal and Lakes & Mountains Realty

    Buyer's Agent in 2022

    Michael Whitney

    KW Coastal and Lakes & Mountains Realty

    (603) 491-5534

    1 in this area

    220 Total Sales

    Michael Whitney
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4910945

PrimeMLS

APN: NCAS-000012-000001

New Hampshire Rockingham County New Castle 03854 New Castle Island

55 Pit Ln, New Castle, NH

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PrimeMLS Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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