NOT LISTED FOR SALE

159 State St Unit 1b Portsmouth, NH 03801

Downtown Portsmouth Neighborhood

Estimated Value: $532,000 - $688,000

2 Beds
1.5 Baths
846 Sq Ft
$289/mo HOA Fee

Last Sold November 30, 2021

Last sale price $415,000 $491 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,066/month

45 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Hot Water Heating System
  • Little Harbour School Rated A
  • Combination Kitchen and Dining Room
  • 4-minute walk to Prescott Park

About This Home

As of November 2021

It doesn't get more Downtown Portsmouth than this. Located in the heart of town this 2 bedroom condo features it's own semi-private entrance. The Sheafe House built in 1827 has stood at the center of town for nearly 2 centuries. A fantastic renovation in 2005 has brought this building into the current era, including an elevator, sprinkler system, while retaining architectural features such as exposed brick. Take the elevator or the private entry to access this garden level 2-bedroom condo is in great condition with wood floors, built-in shelving, and open concept living. The master bedroom has an attached full bath and walk-in closet. Natural gas heating, AC, in-unit laundry and professionally managed association make this a very desirable place to call home. In the warmer months you can sit and relax on the granite front steps and enjoy the people watching. Everything is a quick walk from this condo including The Music Hall, Prescott Park, shopping, entertainment, and restaurants. Parking options directly across the street and close by to the condo. For this price you will be hard pressed to find a better building and location in Downtown Portsmouth.

Last Agent to Sell the Property

Emil Uliano

Great Island Realty LLC License #067788 Listed on: 09/14/2021

Last Buyer's Agent

Courtney Costa

Great Island Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,398

Year Built

  • Built in 1827

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 846 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Little Harbor Elementary School
  • Portsmouth Middle School
  • Portsmouth High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 301B / 46

Community Details

Overview

  • Association fees include plowing, sewer, trash, water
  • Master Insurance
  • 1827 Sheafe House Condos

Recreation

  • Snow Removal

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,398

Year Built

Built in 1827

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Status Detail: Closed
  • Style: Colonial, Conversion
  • Directions: State St
  • Units per Building: 10
  • Assessment Amount: 367200
  • Assessment Year: 2020
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 490.54
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1827
  • Remarks Public: It doesn't get more Downtown Portsmouth than this. Located in the heart of town this 2 bedroom condo features it's own semi-private entrance. The Sheafe House built in 1827 has stood at the center of town for nearly 2 centuries. A fantastic renovation in 2005 has brought this building into the current era, including an elevator, sprinkler system, while retaining architectural features such as exposed brick. Take the elevator or the private entry to access this garden level 2-bedroom condo is in great condition with wood floors, built-in shelving, and open concept living. The master bedroom has an attached full bath and walk-in closet. Natural gas heating, AC, in-unit laundry and professionally managed association make this a very desirable place to call home. In the warmer months you can sit and relax on the granite front steps and enjoy the people watching. Everything is a quick walk from this condo including The Music Hall, Prescott Park, shopping, entertainment, and restaurants. Parking options directly across the street and close by to the condo. For this price you will be hard pressed to find a better building and location in Downtown Portsmouth.
  • List Agent: 13241
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Stove - Electric
  • Features Interior: Elevator, Kitchen/Dining, Laundry Hook-ups
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Level 1: Level 1: Bedroom, Level 1: Kitchen/Dining, Level 1: Living Room
  • Room 1: Kitchen/Dining, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Sq Ft - Apx Finished AG: 846
  • Sq Ft - Apx Total: 846
  • Sq Ft - Apx Total Finished: 846

Exterior Features

  • Construction: Masonry
  • Exterior: Brick
  • Foundation: Granite
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Yes

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Cooling: Wall AC Units
  • Utilities: Internet - Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 289
  • Fee Includes: Plowing, Sewer, Trash, Water
  • Condo Fees: Yes
  • Condo Name: 1827 Sheafe House
  • Association Amenities: Master Insurance, Elevator, Snow Removal, Trash Removal

Schools

  • School District: Portsmouth
  • Elementary School: Little Harbor School
  • Middle School: Portsmouth Middle School
  • High School: Portsmouth High School
  • Elementary School: Little Harbor School
  • High School: Portsmouth High School

Lot Info

  • Map: 107
  • Lot: 301B
  • Lot Description: City Lot
  • Surveyed: Yes
  • Zoning: CBB
  • Deed Book: 4896
  • Deed Page: 2888
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 1B

Tax Info

  • Tax Gross Amount: 5397.84
  • Tax Year: 2020

MLS Schools

  • School District: Portsmouth
  • School Middle Jr: Portsmouth Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 30, 2021
Sold by
Most Alan and Most Ellen
Bought by
May Owen G
Seller's Agent
Emil Uliano
Great Island Realty LLC
Buyer's Agent
Courtney Costa
Great Island Realty LLC
List Price
$439,000
Sold Price
$415,000
Premium/Discount to List
-$24,000
-5.47%
Current Estimated Value
$609,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,840
Avg. Annual Appreciation
10.75%
Original Mortgage
$329,600
Outstanding Balance
$303,688
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$306,152

Purchase Details

Closed on
Mar 17, 2008
Sold by
Zaleski Mark J and Zaleski Kathryn E
Bought by
Most Alan and Most Ellen

Purchase Details

Closed on
Sep 16, 2005
Sold by
Smith
Bought by
Zaleski Mark J and Zaleski Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
5.84%
Source: Public Records

Range of Values:

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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
May Owen G $415,000 None Available
Most Alan $230,000 --
Zaleski Mark J $294,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Owen G $329,600
Previous Owner Hornblas Michael L $292,000
Previous Owner Zaleski Mark J $194,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $415,000 -3.3% $491 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/20/2021 10/20/21 Price Changed $429,000 -2.3% $507 / Sq Ft
09/14/2021 09/14/21 For Sale $439,000 0.0% $519 / Sq Ft
05/24/2021 05/24/21 Rented $2,100 0.0% --
04/30/2021 04/30/21 Under Contract -- -- --
04/27/2021 04/27/21 For Rent $2,100 -- --
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 $5,757 $514,900 $0 $514,900
2023 $5,923 $367,200 $0 $367,200
2022 $5,581 $367,200 $0 $367,200
2021 $5,519 $367,200 $0 $367,200
2020 $5,398 $367,200 $0 $367,200
2019 $5,457 $367,200 $0 $367,200
2018 $2,902 $366,400 $0 $366,400
2017 $5,303 $366,400 $0 $366,400
2016 $4,971 $291,700 $0 $291,700
2015 $4,898 $291,700 $0 $291,700
2014 $4,221 $233,200 $0 $233,200
2013 $4,177 $233,200 $0 $233,200
2012 $4,093 $233,200 $0 $233,200
Source: Public Records

Agents Affiliated with this Home

  • Emil Uliano

    Seller's Agent in 2021

    Emil Uliano

    Great Island Realty LLC

    (603) 557-7329

    3 in this area

    131 Total Sales

    Emil Uliano
    Section Image
  • Christopher Austin

    Seller's Agent in 2021

    Christopher Austin

    Great Island Realty LLC

    (603) 812-1405

    1 in this area

    51 Total Sales

    Christopher Austin
    Section Image
  • Courtney Costa

    Buyer's Agent in 2021

    Courtney Costa

    Great Island Realty LLC

    (603) 433-3350

    3 in this area

    20 Total Sales

    Courtney Costa
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4882395

PrimeMLS

APN: PRSM-000107-000046-000301B

New Hampshire Rockingham County Portsmouth 03801 Downtown Portsmouth

159 State St Unit 1b, Portsmouth, NH

This home is located at 159 State St Unit 1b, Portsmouth, NH 03801 since 14 September 2021 and is currently estimated at $609,840, approximately $720 per square foot. This property was built in 1827. 159 State St Unit 1b is a home located in Rockingham County with nearby schools including Little Harbour School, Portsmouth Middle School, and Portsmouth High School.

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