NOT LISTED FOR SALE

40 Merrimac St Unit 1 Portsmouth, NH 03801

Estimated Value: $804,000 - $941,000

2 Beds
2.5 Baths
1,380 Sq Ft
$666/mo HOA Fee

Last Sold September 18, 2012

Last sale price $410,000 $297 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,877/month

133 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • En-Suite Primary Bedroom
  • Little Harbour School Rated A
  • Corner Lot
  • 2-minute walk to Rye Harbor State Park

About This Home

As of September 2012

Very desirable, Eldredge Place Condominium. Bright and sunny end unit. One of only 3 units. Immaculate Open concept 2 bedroom, 3 bathroom townhouse with Gas fireplace and 2 car parking. Gleaming kitchen with stylish granite counters and stainless appliances. Hardwood floors throughout. Private rear deck overlooks wooded area. Loads of storage in walk out basement. Pride of ownership throughout. Numerous upgrades to systems. Walk to town and all that Portsmouth has to offer.

Last Agent to Sell the Property

Jeffrey Mountjoy

The Aland Realty Group License #052524 Listed on: 03/31/2012

The Aland Realty Group

Last Buyer's Agent

Jane James

RE/MAX Shoreline License #001982

RE/MAX Shoreline

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,212

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Landscaped

HOA Fees

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

Parking

  • 2 Car Parking Spaces
  • Shared Driveway
  • Paved Parking

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 0001 / 0018
  • 17% Total Tax Rate

Community Details

Overview

  • Eldredge Place Condos

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,212

Year Built

Built in 1989

Lot Details

0

HOA Fees

$666 per month

Listing Details

  • Status Detail: Closed
  • Style: End Unit
  • Directions: From Downtown Portsmouth. Take Middle Street to intersection of Miller Avenue. Turn Left onto Miller Avenue. Turn Right onto Merrimac Street. Eldredge Place Condominium on the left. Sign on property.
  • Flood Zone: Unknown
  • Floor Number: 1
  • Footprint: 42 x 16
  • Units per Building: 3
  • Assessment Amount: 359700
  • Assessment Year: 2011
  • Construction: Existing
  • Total Stories: 2
  • Plan Survey Number: D 19810
  • Price Per Sq Ft: 297.1
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1989
  • List Agent: 13080
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range - Gas, Refrigerator, Washer
  • Equipment: Smoke Detector
  • Features Interior: Dining Area, Fireplace - Gas, Kitchen/Dining, Primary BR w/ BA, Window Treatment
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Hardwood
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Room 1: Kitchen, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Living Room, On Level: 1
  • Room 7: Primary Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 16: Bath - Full, On Level: 2
  • Room 17: Bath - 3/4, On Level: 2
  • Room 18: Bath - 1/2, On Level: 1
  • Sq Ft - Apx Finished AG: 1380
  • Sq Ft - Apx Total Finished: 1380

Exterior Features

  • Building Number: 1
  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Clapboard, Wood
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Parking Spaces 2

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water

Condo/Co-op/Association

  • Restrictions: Pets - Allowed
  • HOA Fee Frequency: Monthly
  • Fee: 333
  • Fees 2: 333
  • Condo Name: Eldredge Place
  • Fee Includes Legacy: Landscaping, Plowing
  • Management Company: Self Managed

Schools

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

Lot Info

  • Map: 0129
  • Lot: 0001
  • Lot Description: Corner, Landscaped
  • Surveyed: Yes
  • Zoning: RES
  • Deed Book: 4777
  • Deed Page: 1109
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 1

Tax Info

  • Tax Rate: 17.24
  • Tax Gross Amount: 6212
  • Tax Year: 2011

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Carpenter Peter and Carpenter Denise
Bought by
Carpenter Ft and Carpenter
Current Estimated Value
$849,884

Purchase Details

Closed on
Jun 25, 2018
Sold by
Vandam Gregory S and Ford Philip P
Bought by
Carpenter Peter and Carpenter Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2014
Sold by
Vandam Gregory S
Bought by
Vandam Gregory S and For Philip S

Purchase Details

Listed on
Mar 31, 2012
Closed on
Sep 20, 2012
Sold by
M R & W F Gagnon Ret and Gagnon
Bought by
Vandam Gregory S
Seller's Agent
Jeffrey Mountjoy
The Aland Realty Group
Buyer's Agent
Jane James
RE/MAX Shoreline
List Price
$439,000
Sold Price
$410,000
Premium/Discount to List
-$29,000
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Dec 1, 2006
Sold by
Mitchell Ft
Bought by
Gagnon William F and Gagnon Marie R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carpenter Ft -- None Available
Carpenter Ft -- None Available
Carpenter Peter $525,000 --
Carpenter Peter $525,000 --
Vandam Gregory S -- --
Vandam Gregory S -- --
Vandam Gregory S $410,000 --
Vandam Gregory S $410,000 --
Gagnon William F $383,100 --
Gagnon William F $383,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carpenter Peter $150,000
Closed Gagnon William F $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2012 09/18/12 Sold $410,000 -6.6% $297 / Sq Ft
08/11/2012 08/11/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $439,000 -- $318 / 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 $8,842 $790,900 $0 $790,900
2023 $7,489 $464,300 $0 $464,300
2022 $7,057 $464,300 $0 $464,300
2021 $6,978 $464,300 $0 $464,300
2020 $6,825 $464,300 $0 $464,300
2019 $6,899 $464,300 $0 $464,300
2018 $7,595 $479,500 $0 $479,500
2017 $7,375 $479,500 $0 $479,500
2016 $7,128 $418,300 $0 $418,300
2015 $7,023 $418,300 $0 $418,300
2014 $6,958 $384,400 $0 $384,400
2013 $6,885 $384,400 $0 $384,400
2012 $6,313 $359,700 $0 $359,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4144377

PrimeMLS

APN: PRSM-000129-000018-000001