NOT LISTED FOR SALE

Estimated Value: $1,450,339

2 Beds
2 Baths
7,326 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 20, 2016

Last sale price $800,000 $109 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $10,931/month

488 Days on Market

Highlights

  • Softwood Flooring
  • Baseboard Heating
  • 4-minute walk to Prescott Park
  • Little Harbour School Rated A

About This Home

As of January 2016

Elegant 1850 4 1/2 story townhouse, originally built as a single family residence that still retains much of the original period wood work, wood floors and multiple fireplaces. Most recently a restaurant and 2 1/2 story 3 bedroom, 2 full bath apartment. Nearly 8000 sq. ft. with further expansion possibilities and uses including mixed use commercial/residential, corporate headquarters, multi unit condo conversion or it's original use as a single townhouse. Located one block to Market Square and the Piscataqua River on beautifully redone State Street location a short walk to world class dining, theater and arts in highly acclaimed downtown Portsmouth.

Last Agent to Sell the Property

Bill Mouflouze

Bill Mouflouze & Associates Real Estate License #034980 Listed on: 06/26/2014

Last Buyer's Agent

Bill Mouflouze

Bill Mouflouze & Associates Real Estate License #034980 Listed on: 06/26/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,062

Year Built

  • 1850

Lot Details

  • 2,613 Sq Ft Lot
  • Lot Sloped Up

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Block Foundation
  • Slate Roof
  • Membrane Roofing

Interior Spaces

  • 2 Full Bathrooms
  • 4-Story Property
  • Softwood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,062

Year Built

1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Assessment Amount: 1064300
  • Construction: Existing
  • Total Stories: 4+
  • Sq Ft - Apx Total Finished: 7326
  • Unit Info: Fireplace - Gas
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1850

Interior Features

  • Flooring: Hardwood, Softwood
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 5551
  • Sq Ft - Apx Finished BG: 1775

Exterior Features

  • Construction: Masonry
  • Exterior: Brick
  • Foundation: Block, Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane, Slate

Garage/Parking

  • Parking: On Street

Utilities

  • Electric: 100 Amp, 110 Volt, 200 Amp, 220 Volt
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Total Electric Meters: 3
  • Total Heat Units: 2
  • Total Ranges: 1
  • Total Refrigerators: 1
  • Trash: Curbside

Lot Info

  • Lot Sq Ft: 2613
  • Lot Acres: 0.06
  • Lot Description: City Lot
  • Zoning: CBB

Multi Family

  • Total Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 19061.61
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2014
Closed on
Jan 20, 2016
Sold by
177 State Street Real
Bought by
Robert J Fabbricatore
Seller's Agent
Bill Mouflouze
Bill Mouflouze & Associates Real Estate
Buyer's Agent
Bill Mouflouze
Bill Mouflouze & Associates Real Estate
List Price
$1,200,000
Sold Price
$800,000
Premium/Discount to List
-$400,000
-33.33%
Current Estimated Value
$1,450,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,339
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Jan 20, 2006
Sold by
Emerald Kitchen Cateri
Bought by
177 State St Real Est

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2001
Sold by
Y K T Inc
Bought by
Emerald Kitchen Cateri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,544
Interest Rate
7.14%
Mortgage Type
Commercial
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
Robert J Fabbricatore $800,000 --
177 State St Real Est $1,050,000 --
Emerald Kitchen Cateri $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emerald Kitchen Cateri $950,000
Previous Owner Emerald Kitchen Cateri $530,544
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2016 01/20/16 Sold $800,000 -33.3% $109 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
06/26/2014 06/26/14 For Sale $1,200,000 -- $164 / 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 $36,341 $3,250,500 $928,900 $2,321,600
2023 $27,984 $1,734,900 $570,300 $1,164,600
2022 $26,370 $1,734,900 $570,300 $1,164,600
2021 $26,076 $1,734,900 $570,300 $1,164,600
2020 $25,503 $1,734,900 $570,300 $1,164,600
2019 $24,238 $1,631,100 $570,300 $1,060,800
2018 $14,140 $892,700 $460,000 $432,700
2017 $12,182 $792,100 $460,000 $332,100
2016 $14,251 $836,300 $420,000 $416,300
2015 $19,805 $1,179,600 $420,000 $759,600
2014 $19,264 $1,064,300 $400,000 $664,300
2013 $19,062 $1,064,300 $400,000 $664,300
2012 $18,484 $1,053,200 $400,000 $653,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4367492

PrimeMLS

APN: PRSM-000107-000044