NOT LISTED FOR SALE

Estimated Value: $491,000 - $2,110,193

19.9 Acres
$65,357 Price per Acre
866,844 Sq Ft Lot

Last Sold May 14, 2013

Last sale price $1,255,000

Est. 4% increase in value since last sale

Current estimated payment $6,844/month

48 Days on Market

Highlights

  • 1,232 Feet of Waterfront
  • 19.9 Acre Lot
  • Pond
  • Newmarket Elementary School Rated A-
  • Farm
  • Trails

About This Lot

As of May 2013

Rare offering of almost twenty (20) very private acres and over one thousand feet of waterfront on Great Bay. A true estate parcel so beautiful and serene: a destination of peaceful days and star-filled nights, abundant wildlife and nature, vistas of expansive water views engulfed in miles of protected and private shoreline... and all within an easy drive from Boston or NYC. The property features several prime southerly water view locations to build a grand estate, equestrian compound, saltwater farm, or just a simple country home for family and friends to gather. Create your own private recreational amenities or walk to several hundred acres of nearby conservation lands. Two existing modest homes can provide interim use or long-term rental income. Much of the land has been cleared and is ready for conversion to pastures, farmland or nature ecosystems. Three generations have enjoyed use of the property for decades. The time has come to pass this unique treasure along to new stewards.

Last Agent to Sell the Property

Valerie Shelton

Appledore Real Estate License #042415 Listed on: 02/22/2013

Last Buyer's Agent

Ken Ernstoff

Bean Group / Portsmouth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,840

Lot Details

  • 19.9 Acre Lot
  • 1,232 Feet of Waterfront
  • South Facing Home
  • Level Lot
  • Open Lot

Schools

  • Newmarket Elementary School
  • Newmarket Junior High School

Utilities

  • Drilled Well
  • Leach Field
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Water Views
  • Farm

Community Details

  • Trails
  • Water Access
  • Pond

Listing and Financial Details

  • Tax Lot 37
  • 24% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$14,840

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Route 108 to Bay Road in Newmarket. Approximately 1.5 miles on right (past The Nature Conservancy field office and Barberry Coast Road).
  • Flood Zone: Unknown
  • Assessment Amount: 626972
  • Assessment Year: 2012
  • Exposure: South
  • Price Per Sq Ft: 63065.33
  • Property Class: Land
  • Remarks Public: Rare offering of almost twenty (20) very private acres and over one thousand feet of waterfront on Great Bay. A true estate parcel so beautiful and serene: a destination of peaceful days and star-filled nights, abundant wildlife and nature, vistas of expansive water views engulfed in miles of protected and private shoreline... and all within an easy drive from Boston or NYC. The property features several prime southerly water view locations to build a grand estate, equestrian compound, saltwater farm, or just a simple country home for family and friends to gather. Create your own private recreational amenities or walk to several hundred acres of nearby conservation lands. Two existing modest homes can provide interim use or long-term rental income. Much of the land has been cleared and is ready for conversion to pastures, farmland or nature ecosystems. Three generations have enjoyed use of the property for decades. The time has come to pass this unique treasure along to new stewards.
  • List Agent: 13416
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Public
  • Water Body Access: Owned
  • Water Body Name: Great Bay
  • Water Body Type: Bay
  • Water Frontage Length: 1232
  • Shore Rights: Deeded
  • Waterfront: Yes
  • Water View: Yes
  • Water Body Access 2: Yes

Utilities

  • Cable Company: Comcast
  • Electric: On-Site
  • Sewer: Leach Field - Existing
  • Water: Drilled Well
  • Electric Company: PSNH
  • Utilities: Cable, Cable - At Site, High Speed Intrnt -Atsite

Schools

  • Elementary School: Newmarket Elem School
  • Middle School: Newmarket Junior High School
  • Elementary School: Newmarket Elem School

Lot Info

  • Map: R1
  • Lot: 37
  • Lot Sq Ft: 866844
  • Current Use: Yes
  • Lot Acres: 19.9
  • Lot Description: Farm - Horse/Animal, Field/Pasture, Level, Open, Pond, Sloping, Trail/Near Trail, View, Water View, Waterfront
  • Surveyed: Yes
  • Surveyed By: Pohopek Survey
  • Zoning: R-1
  • Total Lots: 1
  • Deed Book: 2967
  • Deed Page: 2949
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 23.67
  • Tax Gross Amount: 14840
  • Tax Year: 2012

MLS Schools

  • School Middle Jr: Newmarket Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Great Cove South Llc
Bought by
Point At Great Cove Llc
Current Estimated Value
$1,300,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$778,608
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$521,989

Purchase Details

Listed on
Feb 22, 2013
Closed on
May 13, 2013
Sold by
Marion C Hatch 2Nd Irt and Gray
Bought by
Great Cove South Llc
Seller's Agent
Valerie Shelton
Appledore Real Estate
Buyer's Agent
Ken Ernstoff
Bean Group / Portsmouth
List Price
$1,350,000
Sold Price
$1,255,000
Premium/Discount to List
-$95,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Point At Great Cove Llc $1,800,000 None Available
Point At Great Cove Llc $1,800,000 None Available
Great Cove South Llc $1,255,000 --
Great Cove South Llc $1,255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Point At Great Cove Llc $800,000
Closed Point At Great Cove Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2013 05/14/13 Sold $1,255,000 -7.0% --
04/11/2013 04/11/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $1,350,000 -- --
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 $37 $2,175 $2,175 $0
2023 $38,540 $1,306,888 $1,100,988 $205,900
2022 $35,295 $1,307,698 $1,101,798 $205,900
2021 $34,498 $1,308,724 $1,102,824 $205,900
2020 $33,336 $1,309,364 $1,103,364 $206,000
2018 $25,323 $866,056 $676,856 $189,200
2017 $23,161 $866,488 $677,288 $189,200
2016 $22,073 $867,298 $678,098 $189,200
2015 $21,648 $867,298 $678,098 $189,200
2014 $22,339 $867,550 $678,350 $189,200
2013 $15,378 $628,700 $383,300 $245,400
2012 $14,840 $626,972 $381,572 $245,400
Source: Public Records

Agents Affiliated with this Home

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Source: PrimeMLS

MLS Number: 4218170

PrimeMLS

APN: NMAR-000001-000037-000000-R000000