987 OCEAN BOULEVARD
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Location
987 OCEAN BOULEVARD
Mblu
202/ 134/ / /
Acct#
001835
Owner
SCHAEFER RICHARD L
PBN
Total Market Value
$2,417,400
Appraisal
$2,417,400
PID
1835
Building Count
1
Utility
Public Water,Septic
Street/Road
Paved
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$1,129,800$1,287,600$2,417,400
Assessment
Valuation YearImprovementsLandTotal
2023$1,129,800$1,287,600$2,417,400

Owner of Record
OwnerSCHAEFER RICHARD L
Co-OwnerSCHAEFER KAREN A
Address987 OCEAN BOULEVARD
RYE, NH 03870
Sale Price$0
Certificate
Book & Page 6254/254
Sale Date02/25/2021
Instrument38

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SCHAEFER RICHARD L$0 6254/2543802/25/2021
SCHAEFER KAREN A$0 4998/28283804/09/2009
SCHAEFER RICHARD L & KAREN A$1,643,700 4947/19340008/28/2008
MERRIMAN FAMILY TRUST$0 3074/12903810/11/1994

Building Information
Building 1 : Section 1
Year Built: 1994
Living Area: 3,534
Replacement Cost: $1,263,763
Building Percent Good: 88
Replacement Cost
Less Depreciation:
$1,112,100
Building Attributes
FieldDescription
Style:Colonial
ModelResidential
Grade:Very Good
Stories:2 Stories
Occupancy1
Exterior Wall 1Cement Clpbd
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall
Interior Wall 2 
Interior Flr 1Carpet
Interior Flr 2Hardwood
Heat FuelOil
Heat Type:Hot Water
AC Type:Central
Total Bedrooms:3 Bedrooms
Total Bthrms:2
Total Half Baths:1
Total Xtra Fixtrs:1
Total Rooms:8 Rooms
Bath Style:Modern
Kitchen Style:Modern
MHP 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,682 2,682
FUSUpper Story, Finished 852 852
CTHCathedral ceiling 153 0
FEPPorch, Enclosed, Finished 284 0
FGRGarage,Framed 686 0
FOPPorch, Open 258 0
UATAttic, Unfinished 1,330 0
UBMBasement, Unfinished 2,682 0
WDKDeck, Wood/Vinyl 54 0
   8,981 3,534

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FPL1FIREPLACE 1 ST1.00 UNITS$2,5001
SSOUTDOOR SHWR STL1.00 UNITS$7001
HTUBHOT TUB1.00 UNITS$4,4001
SSOUTDOOR SHWR STL1.00 UNITS$8001

Land
Land Use
Use Code1010
DescriptionSINGLE FAM MDL-01  
ZoneGRES
Neighborhood100
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.49
Frontage
Depth
Total Market Land$1,287,600
Appraised Value$1,287,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
RPV2PAVING - MED  1.00 UNITS$2,5001
PAT1PATIO-AVG  591.00 S.F.$1,8001
GENRGENERATOR RES  10.00 UNITS$5,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,129,800$1,287,600$2,417,400
2024$1,129,800$1,287,600$2,417,400
2023$1,129,800$1,287,600$2,417,400

Assessment
Valuation YearImprovementsLandTotal
2025$1,129,800$1,287,600$2,417,400
2024$1,129,800$1,287,600$2,417,400
2023$1,129,800$1,287,600$2,417,400

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