$303,000
SOLD FEB 7, 2022
1 Bed
1 Bath
610 Sq Ft
$333/mo HOA Fee

Recently Sold

$497 Per Sq Ft

4% Above List Price

4 Days on Market

About This Home

As of February 2022

Nestled between Portsmouth's Market Square and the West End, this second floor condo offers the perfect opportunity to create something with your own style and vision. Perfect as your own home, a weekend getaway or as an attractive investment/rental opportunity. Spacious open kitchen and living area with access to newly created deck space. Large bedroom facing Madison St gives you lots of light as well as a generous closet. The basement offers assigned storage space and common laundry. One assigned outdoor parking space. Association is pet friendly but does have 20 pound weight limit. Take this rare opportunity to start fresh and create a truly special home in the heart of vibrant Portsmouth.

Last Agent to Sell the Property

Christopher Austin

Great Island Realty LLC License #067339 Listed on: 12/20/2021

Last Buyer's Agent

Carol Parker

Carol Parker Real Estate License #071477

Carol Parker Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1840

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Converted Dwelling
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Clap Board Siding

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Interior Basement Entry
  • Basement Storage

Utilities

  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include landscaping, plowing, sewer, trash, water
  • 185 Madison Condo Associa Condos

Listing and Financial Details

  • Legal Lot and Block 0003 / 0051

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,720

Year Built

Built in 1840

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Directions: Madison Street connects State St and Middle Rd. From Middle St heading downtown take a left on Madison St and follow all the way to 185 Madison on the right side of the street.
  • Units per Building: 6
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 496.72
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1840
  • Remarks Public: Nestled between Portsmouth's Market Square and the West End, this second floor condo offers the perfect opportunity to create something with your own style and vision. Perfect as your own home, a weekend getaway or as an attractive investment/rental opportunity. Spacious open kitchen and living area with access to newly created deck space. Large bedroom facing Madison St gives you lots of light as well as a generous closet. The basement offers assigned storage space and common laundry. One assigned outdoor parking space. Association is pet friendly but does have 20 pound weight limit. Take this rare opportunity to start fresh and create a truly special home in the heart of vibrant Portsmouth.
  • List Agent: 13093
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Storage - Assigned, Unfinished
  • Level 2: Level 2: Bedroom, Level 2: Kitchen, Level 2: Living Room
  • Room 1: Kitchen, 11 X 7, On Level: 2
  • Room 2: Living Room, 14 X 17, On Level: 2
  • Room 3: Bedroom, 17 X 12, On Level: 2
  • Sq Ft - Apx Finished AG: 610
  • Sq Ft - Apx Total: 665
  • Sq Ft - Apx Total Finished: 610
  • Sq Ft - Apx Unfinished BG: 55

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Brick
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane, Shingle - Asphalt

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric
  • Heating: Electric
  • Utilities: Cable - Available

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 333
  • Fee Includes: Landscaping, Plowing, Sewer, Trash, Water
  • Condo Fees: Yes
  • Condo Name: 185 Madison Condo Associa

Lot Info

  • Map: 0145
  • Lot: 0003
  • Common Land Acres: 0.25
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: GRC
  • Deed Book: 4532
  • Deed Page: 1752
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 3

Tax Info

  • Tax Gross Amount: 3720
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Feb 7, 2022
Sold by
Walker Robert A
Bought by
Montgomery Amanda
Seller's Agent
Christopher Austin
Great Island Realty LLC
Buyer's Agent
Carol Parker
Carol Parker Real Estate
List Price
$292,000
Sold Price
$303,000
Premium/Discount to List
$11,000
3.77%
Current Estimated Value
$423,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,337
Avg. Annual Appreciation
10.24%
Original Mortgage
$287,850
Outstanding Balance
$269,528
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,809

Purchase Details

Closed on
Aug 16, 2005
Sold by
Courchaine Jonathan J
Bought by
Walker Robert A and Walker Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
5.54%

Purchase Details

Closed on
Aug 1, 2001
Sold by
Lyades Garth
Bought by
Nickerson Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
7.14%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $303,000 None Available
Warranty Deed $203,000 --
Warranty Deed $112,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,850 Purchase Money Mortgage
Previous Owner $162,400 No Value Available
Previous Owner $89,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Rented $2,200 0.0% --
11/02/2022 11/02/22 Under Contract -- -- --
10/10/2022 10/10/22 Price Changed $2,200 -8.3% $4 / Sq Ft
09/26/2022 09/26/22 Price Changed $2,400 -4.0% $4 / Sq Ft
09/16/2022 09/16/22 For Rent $2,500 0.0% --
02/07/2022 02/07/22 Sold $303,000 +1.7% $497 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/20/2021 12/20/21 Price Changed $298,000 +2.1% $489 / Sq Ft
12/20/2021 12/20/21 For Sale $292,000 -- $479 / 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 $4,103 $367,000 $0 $367,000
2023 $3,549 $220,000 $0 $220,000
2022 $3,344 $220,000 $0 $220,000
2021 $3,720 $247,500 $0 $247,500
2020 $3,638 $247,500 $0 $247,500
2019 $3,678 $247,500 $0 $247,500
2018 $3,600 $230,600 $0 $230,600
2017 $3,420 $230,600 $0 $230,600
2016 $3,292 $193,200 $0 $193,200
2015 $3,244 $193,200 $0 $193,200
2014 $3,225 $178,200 $0 $178,200
2013 $3,192 $178,200 $0 $178,200
2012 $3,127 $178,200 $0 $178,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4893684

PrimeMLS

APN: PRSM-000145-000051-000003