NOT LISTED FOR SALE

14-18 Newmarch St Kittery, ME 03904

Estimated Value: $1,031,000

5 Beds
3 Baths
2,742 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $351,000 $128 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $6,000/month

12 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Wood Siding
  • Horace Mitchell Primary School Rated A-
  • Hot Water Heating System

About This Home

As of May 2014

Here's a chance to own a great investment property within easy walking distance to Market Square in Portsmouth. Needs some work, but with a little effort this will provide years of good net income. Heat is owner-paid, but could easily be metered to individual tenants... or create two condos and re-sell for a good profit.Two driveways allow ample parking, or more could be created to the rear of the building for adaptation to commercial use. Partial water views toward Badger's Island.

Last Agent to Sell the Property

Ralph Pope

Coldwell Banker Realty Portsmouth NH Brokerage Phone: 603-334-1900 License #000457 Listed on: 03/21/2014

Coldwell Banker Realty Portsmouth NH

Last Buyer's Agent

Justin Kelcourse

KW Coastal and Lakes & Mountains Realty License #064243

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,633

Year Built

  • Built in 1881

Lot Details

  • 0.25 Acre Lot
  • Lot Sloped Up

Home Design

  • Duplex
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,742 Sq Ft Home
  • 2.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 110 Car Parking Spaces
  • Paved Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 110 Volts

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • 3 Units
  • Gross Income $36,000

Listing and Financial Details

  • Rent includes heat, hot water, parking, sewer, water
  • 15% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,633

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From downtown Portsmouth, cross Memorial Bridge and proceed north on Rte. 1, reverse direction. Property is on left across from park. From Rte. 236 in ME, take Rte. 1 south at traffic circle (Blue Star Memorial Highway). Property is on right just before Memorial Bridge.
  • Footprint: Irregular
  • Assessment Amount: 238700
  • Assessment Year: 2013
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 128.01
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 2742
  • Unit Info: Heat, Heat - Oil, Hot Water, Laundry Hookup, Range - Electric, Refrigerator
  • Year Built: 1881
  • Remarks Public: Here's a chance to own a great investment property within easy walking distance to Market Square in Portsmouth. Needs some work, but with a little effort this will provide years of good net income. Heat is owner-paid, but could easily be metered to individual tenants... or create two condos and re-sell for a good profit.Two driveways allow ample parking, or more could be created to the rear of the building for adaptation to commercial use. Partial water views toward Badger's Island.
  • List Agent: 13966
  • Architectural Style: Duplex
  • ResoLotFeatures: City Lot
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater – Off Boiler, Water Heater – Separate
  • Equipment: Smoke Detectr-Batt Powrd
  • Flooring: Carpet, Hardwood, Vinyl
  • Total Rooms Above Ground: 13
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 2742

Exterior Features

  • Driveway: Paved
  • Foundation: Granite, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch, Porch - Covered
  • Construction Type: Wood Frame, Shingle Siding, Wood Exterior

Garage/Parking

  • Parking: Parking Spaces 1 - 10

Utilities

  • Electric: 110 Volt, Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 3
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Trash: Curbside, Tenant
  • Water Source: Public

Lot Info

  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Surveyed: Yes
  • Zoning: KF, UR
  • Deed Book: 14202
  • Deed Page: 233
  • Deed Recorded Type: Quit Claim

Rental Info

  • Rent Includes: Heat, Hot Water, Parking, Sewer, Water

Multi Family

  • Gross Income: 36000
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Rate: 15.22
  • Tax Gross Amount: 3633
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Dogwood Circle Llc
Bought by
Daley Philip T and Ducharme Crystal L
Current Estimated Value
$1,031,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2019
Sold by
Murphy Donald
Bought by
Dogwood Circle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Daley Philip T -- --
Dogwood Circle Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daley Philip T $380,500
Closed Daley Philip T $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $351,000 -2.5% $128 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $359,900 -- $131 / 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 $6,080 $428,200 $75,000 $353,200
2023 $5,801 $426,200 $75,000 $351,200
2022 $5,745 $426,200 $75,000 $351,200
2021 $5,541 $426,200 $75,000 $351,200
2020 $5,498 $426,200 $75,000 $351,200
2019 $6,022 $346,100 $58,000 $288,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ralph Pope

    Coldwell Banker Realty Portsmouth NH

    Section Image
  • Justin Kelcourse

    Buyer's Agent in 2014

    Justin Kelcourse

    KW Coastal and Lakes & Mountains Realty

    (603) 498-7355

    6 in this area

    71 Total Sales

    Justin Kelcourse
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4343054

PrimeMLS

APN: KITT M:001 L:081-001

Maine York County Kittery 03904

14-18 Newmarch St, Kittery, ME

This home is located at 14-18 Newmarch St, Kittery, ME 03904 since 21 March 2014 and is currently priced at $1,031,000, approximately $376 per square foot. This property was built in 1881. 14-18 Newmarch St is a home located in York County with nearby schools including Shapleigh School, Horace Mitchell Primary School, and Robert W Traip Academy.

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PrimeMLS Copyright 2025 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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