$1,150,000
SOLD MAY 1, 2025

53 Water St Unit 202 Exeter, NH 03833

2 Beds
2 Baths
1,048 Sq Ft
1915 Built

Recently Sold

$1,097 Per Sq Ft

262 Days on Market

Highlights

  • Built in 1915 | Newly Remodeled
  • Waterfront
  • Elevator
  • Lincoln Street Elementary School Rated A-
  • Wood Flooring
  • Brick Veneer

About This Home

As of May 2025

The IOKA Condominium, where the charm of colonial New England blends with modern day living.Prominent in the heart of downtown Exeter this iconic movie theater has been transformed to accommodate stunning private residences. Nestled abreast the scenic confluence of the Exeter and Squamscott Rivers the unique setting is postcard picturesque. Elevator serviced, this 2-bdrm, 2-bath condo features open concept designs with a deck overlooking the Exeter River. The secluded rooftop deck (residential use only) provides panoramic views of the river basin and surrounding area. The lower-level of the building incorporates facilities for secure storage. Walk out the front door of the IOKA to a flourishing scene of art galleries, bookstores, boutique shops, breweries, yoga studios, seasonal farmers market, festivities, and many other choices. Recognized as a “foodie town” the burgeoning restaurant scene in Exeter is all around you. Residents and guests parking in the municipal parking lot immediately adjacent the IOKA with on-street parking throughout town. Easy access to Rt 101/95, a 20-minute drive to the ocean, and about an hour or so drive to the cities of Boston, MA, or Portland, ME. AmtrakCommuter Rail provides regular service on the “Downeaster” train.National and international flight paths are available from airports nearby in Portsmouth,Manchester and Boston.This property is offered with tax savings of approx. $168,000.00. Inquire for details.

Last Agent to Sell the Property

Florence Ruffner

Ruffner Real Estate, LLC License #005672 Listed on: 07/24/2024

Last Buyer's Agent

Elizabeth Ruffner

Ruffner Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $851

Year Built

  • Built in 1915 | Newly Remodeled

Parking

  • Off-Site Parking

Home Design

  • Converted Dwelling
  • Flat Roof Shape
  • Brick Veneer
  • Concrete Foundation

Interior Spaces

  • 1,048 Sq Ft Home
  • Property has 4 Levels
  • Ceiling Fan
  • Dining Area
  • Storage
  • Property Views

Kitchen

  • Stove
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Heated Basement
  • Interior Basement Entry
  • Basement Storage

Home Security

Unit Details

  • Waterfront
  • Sprinkler System
  • Historic Home

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Mini Split Heat Pump
  • Vented Exhaust Fan
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Whole House Exhaust Ventilation
  • Flood Zone Lot

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 72

Community Details

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Ioka Condominiums
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$851

Year Built

Built in 1915 | Newly Remodeled

Listing Details

  • Seasonal: No
  • Property Type: Residential
  • Year Built: 1915
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Conversion, Historic Vintage
  • ResoLotFeatures: Condo Development, Sidewalks, Street Lights, Views, Waterfront
  • Road Frontage Type: Public
  • PropertySubType: Condominium
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 1048.0
  • Reso Interior Features: Ceiling Fan(s), Dining Area, Elevator - Passenger, Kitchen Island, Storage - Indoor, Walk-In Closet(s)
  • Unit Levels: 4+
  • ResoPropertyCondition: New Construction
  • Condo_Name: IOKA Condominiums
  • Flood_Zone: Yes
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Mobile_Home: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 1048
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 0
  • Timeshare_Or_Fract_Ownrshp: No
  • SqFt_Apx_Total: 1048
  • Basement_Access_Type: Interior
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Hood, Microwave, Gas Range, Refrigerator, Washer, Water Heater - Electric, Exhaust Fan
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Basement: Climate Controlled, Concrete, Concrete Floor, Storage Space, Interior Access
  • Other Equipment: CO Detector, Smoke Detectr-Hard Wired, Sprinkler System, Whole BldgVentilation, Stove-Gas
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Driveway: None
  • Roof: Flat
  • Construction Type: Brick
  • Foundation Details: Granite, Poured Concrete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Premises

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Electric, Forced Air, Mini Split
  • Cooling: Mini Split
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Fee: 450
  • Association Fee Includes: Trash, Condo Association Fee

Fee Information

  • PAD Fee Frequency: Monthly

Lot Info

  • Surveyed: Yes
  • Zoning: WC

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 850.61
  • Tax Block: 0
  • Tax Lot: 34
  • Tax Map Number: 72
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $1,150,000 0.0% $1,097 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
04/12/2025 04/12/25 Off Market $1,150,000 -- --
04/10/2025 04/10/25 Pending -- -- --
03/13/2025 03/13/25 Off Market $1,150,000 -- --
03/12/2025 03/12/25 For Sale $1,150,000 0.0% $1,097 / Sq Ft
03/11/2025 03/11/25 Off Market $1,150,000 -- --
12/06/2024 12/06/24 For Sale $1,150,000 0.0% $1,097 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
11/27/2024 11/27/24 Price Changed $1,150,000 +7.5% $1,097 / Sq Ft
07/24/2024 07/24/24 For Sale $1,070,000 -- $1,021 / Sq Ft
Source: PrimeMLS

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5006502

PrimeMLS
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