NOT LISTED FOR SALE

Estimated Value: $807,000 - $887,007

2 Beds
2 Baths
2,420 Sq Ft
2008 Built

Last Sold January 25, 2022

Last sale price $575,000 $238 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,449/month

219 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 4-minute walk to Rye Harbor State Park
  • Little Harbour School Rated A

About This Home

As of January 2022

Downtown Portsmouth is ready to welcome you home! This former church located at 507 State St was converted into the remarkable 1 bedroom, 2 bath condo with loft available to you now. You’ll adore an abundance of unique charm peeking out of every corner of this unit, from the 30 foot post and beam hemlock ceilings, to the custom designed mahogany bar featuring a built-in 50-gallon fish tank, to the vintage phone booth, wrought iron railings, and glistening hardwood flooring throughout. Central air will keep you living at the perfect temperature year round, while 2 off street parking spots ensure you never have to worry about making your way down town or beyond. Two lofty bedrooms will have you resting easy at night in your chic downtown abode. Don’t feel like dining out? Chef up your own home cooked meals in the spacious eat-in kitchen, where you’ll have plenty of cabinet space and a convenient center island cook top. Nestled right in the heart of Portsmouth, take a stroll downtown for dining, entertainment, work, or to fall in love with some of Portsmouth’s nearby historic areas. No condo fees. This property is truly something special, so be sure to schedule a showing today.

Last Agent to Sell the Property

Josh Pacheco

Red Post Realty Listed on: 02/25/2021

Last Buyer's Agent

Scott Rome

Compass New England, LLC License #072774

Compass New England, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,631

Year Built

  • Built in 2008

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Paved Parking

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 0002 / 014

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,631

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Units per Building: 2
  • Assessment Amount: 513500
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 362.78
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 2008
  • Remarks Public: Downtown Portsmouth is ready to welcome you home! This former church located at 507 State St was converted into the remarkable 1 bedroom, 2 bath condo with loft available to you now. You’ll adore an abundance of unique charm peeking out of every corner of this unit, from the 30 foot post and beam hemlock ceilings, to the custom designed mahogany bar featuring a built-in 50-gallon fish tank, to the vintage phone booth, wrought iron railings, and glistening hardwood flooring throughout. Central air will keep you living at the perfect temperature year round, while 2 off street parking spots ensure you never have to worry about making your way down town or beyond. Two lofty bedrooms will have you resting easy at night in your chic downtown abode. Don’t feel like dining out? Chef up your own home cooked meals in the spacious eat-in kitchen, where you’ll have plenty of cabinet space and a convenient center island cook top. Nestled right in the heart of Portsmouth, take a stroll downtown for dining, entertainment, work, or to fall in love with some of Portsmouth’s nearby historic areas. No condo fees. This property is truly something special, so be sure to schedule a showing today.
  • List Agent: 281422
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Sq Ft - Apx Finished AG: 1585
  • Sq Ft - Apx Finished BG: 835
  • Sq Ft - Apx Total: 2420
  • Sq Ft - Apx Total Finished: 2420

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Concrete
  • 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: Electric
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Cooling: Central AC
  • Electric Company: Eversource
  • Utilities: Cable

Condo/Co-op/Association

  • Condo Name: ?

Schools

  • School District: Portsmouth School District
  • 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: 0126
  • Lot: 0002
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: CD4-L1
  • Deed Book: 5022
  • Deed Page: 2167
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 2

Tax Info

  • Tax Gross Amount: 7631
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Hare William E and Hare Catherine E
Bought by
Hare Ft
Current Estimated Value
$848,752

Purchase Details

Listed on
Feb 25, 2021
Closed on
Jan 25, 2022
Sold by
Split Rock Cove Ft
Bought by
Hare William E and Hare Catherine E
Seller's Agent
Josh Pacheco
Red Post Realty
Buyer's Agent
Scott Rome
Compass New England, LLC
List Price
$619,900
Sold Price
$575,000
Premium/Discount to List
-$44,900
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$275,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2019
Sold by
P Nadeau 2009 T J
Bought by
Split Rock Cove Ft
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
Hare Ft -- None Available
Hare William E $575,000 None Available
Split Rock Cove Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hare William E $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $575,000 0.0% $238 / Sq Ft
10/08/2021 10/08/21 Off Market $575,000 -- --
10/02/2021 10/02/21 Pending -- -- --
08/25/2021 08/25/21 Price Changed $599,900 -3.2% $248 / Sq Ft
07/21/2021 07/21/21 For Sale $619,900 0.0% $256 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $619,900 +7.8% $256 / Sq Ft
05/26/2021 05/26/21 Off Market $575,000 -- --
03/20/2021 03/20/21 Price Changed $619,900 -4.6% $256 / Sq Ft
02/25/2021 02/25/21 For Sale $649,900 0.0% $269 / Sq Ft
07/27/2020 07/27/20 Rented $2,700 0.0% --
07/16/2020 07/16/20 Under Contract -- -- --
07/09/2020 07/09/20 For Rent $2,700 -- --
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 $8,975 $802,800 $0 $802,800
2023 $8,462 $524,600 $0 $524,600
2022 $7,830 $515,100 $0 $515,100
2021 $7,831 $515,100 $0 $515,100
2020 $7,572 $515,100 $0 $515,100
2019 $7,631 $513,500 $0 $513,500
2018 $7,608 $487,400 $0 $487,400
2017 $7,232 $487,400 $0 $487,400
2016 $6,969 $409,000 $0 $409,000
2015 $6,867 $409,000 $0 $409,000
2014 $6,353 $351,000 $0 $351,000
2013 $6,200 $346,200 $0 $346,200
2012 $6,076 $346,200 $0 $346,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4848565

PrimeMLS

APN: PRSM-000126-000014-000002