NOT LISTED FOR SALE

Estimated Value: $1,205,423

2 Beds
3 Baths
3,240 Sq Ft
$372/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $1,400,000 $432 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $7,848/month

14 Days on Market

Highlights

  • Forced Air Zoned Heating System
  • Hot Water Heating System
  • High Speed Internet
  • Little Harbour School Rated A

About This Home

As of March 2022

"The Pearl", a Portsmouth landmark, is located in the West End but within steps of downtown and the Foundry Garage. Beautiful two story windows with stained glass dating from the Free Will Baptist church and later as New Hampshire's first African-American church. Original tin ceilings, pillars and balconies mix with updated kitchens and baths. Lots of updates including central air and a sprinkler system. Very flexible floor plan with room to grow.

Last Agent to Sell the Property

Karen Bouffard

The Real Estate Market, Inc License #002385 Listed on: 03/04/2022

Last Buyer's Agent

Karen Bouffard

The Real Estate Market, Inc License #002385 Listed on: 03/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,374

Year Built

  • Built in 1851

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property

Basement

  • Interior Basement Entry
  • Crawl Space

Utilities

  • Forced Air Zoned Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Gas Available
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units
  • Operating Expense $7,500

Listing and Financial Details

  • Legal Lot and Block 0030 / 126

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,374

Year Built

Built in 1851

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Directions: From Market Square straight onto Islington Street. Right onto Pearl Street. Last building on right at corner of Pearl & Hanover Street.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 432.1
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7200
  • Sq Ft - Apx Total Finished: 3240
  • Year Built: 1851
  • Remarks Public: "The Pearl", an historic Portsmouth landmark, is located in the West End but within steps of downtown and the Foundry Garage. Beautiful two story windows with stained glass dating from the Free Will Baptist church and later as New Hampshire's first African-American church. Original tin ceilings, pillars and balconies mix with updated kitchens and baths. Lots of updates including central air and a sprinkler system. Currently used as large office with 2 one bedroom apartments. Potential conversion to full residential use. Very flexible floor plan with room to grow.
  • List Agent: 23304
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space
  • Sq Ft - Apx Finished AG: 3240
  • Sq Ft - Apx Unfinished AG: 1560
  • Sq Ft - Apx Unfinished BG: 2400

Exterior Features

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

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Hot Water, Multi Zone
  • Cooling: Central AC
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Utilities: Cable, Gas - On-Site, High Speed Intrnt -Atsite

Lot Info

  • Map: 0126
  • Lot: 0030
  • Lot Sq Ft: 3485
  • Lot Acres: 0.08
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: CD4-L1
  • Deed Book: 5574
  • Deed Page: 0775
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 10374
  • Tax Year: 2021

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2014
Sold by
45 Pearl Street Props
Bought by
Paisan Props
Current Estimated Value
$1,205,423

Purchase Details

Closed on
Nov 10, 2005
Sold by
Britton Margaret
Bought by
45 Pearl Street Props

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 1996
Sold by
New Hope Associates
Bought by
Britton Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.62%
Mortgage Type
Commercial
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
Paisan Props $625,000 --
Paisan Props $625,000 --
45 Pearl Street Props $405,000 --
45 Pearl Street Props $405,000 --
Britton Margaret $82,000 --
Britton Margaret $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 45 Pearl Street Props $250,000
Previous Owner Britton Margaret $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $1,400,000 -6.7% $432 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $1,499,900 -- $463 / 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 $14,048 $1,256,500 $320,900 $935,600
2023 $11,581 $718,000 $237,000 $481,000
2022 $10,491 $690,200 $237,000 $453,200
2021 $10,374 $690,200 $237,000 $453,200
2020 $9,576 $651,400 $237,000 $414,400
2019 $9,680 $651,400 $237,000 $414,400
2018 $9,497 $608,400 $219,400 $389,000
2017 $9,457 $608,400 $219,400 $389,000
2016 $9,556 $560,800 $198,700 $362,100
2015 $9,416 $560,800 $198,700 $362,100
2014 $8,134 $449,400 $165,600 $283,800
2013 $8,049 $449,400 $165,600 $283,800
2012 $7,887 $449,400 $165,600 $283,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4899918

PrimeMLS

APN: PRSM-000126-000030