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159 State Street #2A, Portsmouth, NH, 03801

2beds
2baths
802sqft
$825,000
$1,029price/sqft
$5,317/moest. monthly cost
$212,680/yrincome needed

About This Home

Experience modern elegance in the coveted historic district of downtown Portsmouth. This beautifully updated two-bedroom, two-bath condominium offers the perfect blend of timeless charm and contemporary luxury, all within walking distance of the city's renowned restaurants, waterfront, parks, and entertainment. Located in the highly sought-after Sheafe Building, this residence provides the best of downtown living while offering a rare sense of quiet privacy. The open-concept floor plan is designed for effortless entertaining, featuring a completely renovated kitchen with premium appliances, custom finishes, and a spacious island that seamlessly connects to the living area. Thoughtful updates continue throughout the home, including new flooring, updated bathrooms, and stylish countertops and fixtures. The private primary suite is tucked away at the rear of the residence and features an updated en-suite bath, while the second bedroom and bath are equally well-appointed. Step outside your front door and enjoy an easy stroll to the waterfront, Prescott Park, Strawbery Banke, boutique shopping, and the vibrant lifestyle that makes downtown Portsmouth one of New England's most desirable destinations.

Getting Around

92
WalkingWalker's Paradise
0
TransitVery Limited Transit
65
BikeBikeable

Schools

10/10
Little Harbour SchoolGrades K-50.7 mi
8/10
Portsmouth Middle SchoolGrades 6-80.3 mi
10/10
Portsmouth High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1827

Materials

  • Foundation: Granite
  • Roof: Asphalt Shingle
  • Construction materials: Masonry,Brick Exterior

Type & Style

  • Home type: Condo
  • Architectural style: Colonial
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Refrigerator,Washer,Propane Water Heater,Induction Cooktop
  • Laundry features: 1st Floor Laundry

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Cathedral Ceiling(s),Kitchen Island,Smart Thermostat
  • Window features: Blinds
  • Flooring: Ceramic Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 802

Heating & Cooling

  • Heating features: Baseboard,Mini Split
  • Cooling features: Mini Split

Interior Area

  • Total structure area: 802
  • Total interior livable area: 802 sqft

Property

Details

  • Parcel number: PRSMM0107B0046L302A
  • Zoning description: CD4

Features

  • Levels: One
  • Stories: 1

Lot

  • Features: Street Lights,Near Country Club,Near Golf Course,Near Paths,Near Shopping,Near Public Transit,Near Hospital,Near School(s)

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
Earthquake
Inland Flooding
Tsunami

FEMA Declared Disasters Across New Hampshire Counties

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,171$50,052
Home Insurance $142$1,704
Property Taxes $721$8,652
Electricity $283$3,398
Total$5,317$63,804

Income You'd Need if You Spent...

35% on housing$182,297/yr
40% on housing$159,510/yr
45% on housing$141,786/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 8.6%
8.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,029This listing

vs Other Active Listings

Avg $/sqft

ZIP 03801$497
Rockingham County$349

vs Homes Sold Last Month

Median $/sqft

ZIP 03801$547
Rockingham County$328

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-14Price change$825,000
2026-06-11Listed for sale$850,000
2023-11-03Sold$669,900
2023-09-13Contingent$669,900
2023-09-07Listed for sale$669,900
2023-08-22Contingent$669,900
2023-08-14Listed for sale$669,900
2022-05-23Listing removed--
2022-05-12Listed for rent$3,450
2021-07-21Sold$605,000
2021-06-02Pending sale$615,000
2021-06-02Contingent$615,000
2021-05-24Price change$615,000
2021-04-05Price change$624,900
2021-03-08Listed for sale$639,900
2020-06-08Listing removed$615,000
2019-12-13Listed for sale$615,000
2006-03-21Sold$322,000

For Sale by Agent

AgentAlaina Murphy
BrokerageEngel & Volkers Portsmouth

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