277 Newport Road

277 Newport Road in New London, NH was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a commercial property type. It is a single story home. 277 Newport Road has 3,880 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 415,519 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of tar and gravel. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of rock and stone. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 277 Newport Road was last sold in Jan 1, 1970 for $15,725,000. According to our calculations, that's $740.07 per sqft. Prior to that sales transaction, the property was sold for $735,000 in Jan 1, 1970. Current property owners are expected to pay $245,822 in taxes per year. The property on 277 Newport Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $15,499,500. To break that down further, the land itself was valued at $4,396,900. While improvements to the property were assessed at a total of $11,102,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!