16 days on rocket

Sale Pending

124 Melbourne St, Portsmouth, NH, 03801

$875,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
928 SqFt
$943/SqFt
House
Schools Nearby

Location

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124 Melbourne St, Portsmouth$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1890
HeatingForced Air
CoolingNone
BasementYes
MLS #4995863
Lot Size0.27 Acres
StatusSale Pending
(Under Contract)

About 124 Melbourne St

2 properties for sale here! Build on one while you live in the other. Incredible location in Portsmouth's trendy West End. This peaceful and highly sought-after neighborhood is convenient to restaurants, shops, downtown, the freeway, and more. Come see this charming 2-bedroom, 1-bath home ready for its new owners. Enjoy the convenience of single-floor living with the potential to expand into the attic space above or even add an additional story. Plus, the property comes with the unique opportunity to purchase (included in the $875k price) an additional .14 acre vacant lot right next door. This additional lot will require a variance. See Portsmouth Zoning code and variance procedures. Whether you're looking to expand your yard or build another home, the opportunity to live here while you build or establish a multi-generational living situation is unique... This home has great bones, has been very well maintained, and brims with potential. Bring your vision to life and explore what these two properties have to offer. Lot is also available for standalone purchase.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 1
  • Living Area: 928 SqFt

Listing Office:

  • Office Name: Compass New England, LLC
  • Office Phone: (603) 319-4660
  • Listing Agent: Travis Billingham

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $943/SqFt

Tax Information:

  • Annual Amount: $5,194
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portsmouth, NH.

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Portsmouth, NH

City

Med. List Price

$824K

Med. Price/SqFt

$549

Avg. Days On Market

52

# of Sold Homes

9

124 Melbourne St vs Portsmouth

16 DAYS ON ROCKET

-36 Days

$875,000

+$51K More

$943/SqFt

+$393 More

KEY TAKEAWAY

This property is $51K more than the Median List Price and $393/SqFt more than other homes in Portsmouth, NH.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4995863

Listing Office:

  • Office Name: Compass New England, LLC
  • Office Phone: (603) 319-4660
  • Listing Agent: Travis Billingham

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 6:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,194$353,300
2019$5,250$353,300
2018$4,937$311,700

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6128698
8
/10

  • New Franklin School

  • 1 Franklin Dr

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-6128699
9
/10

  • Little Harbour School

  • 50 Clough Dr Ste 1

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-6128700
7
/10

  • Mary C. Dondero Elementary School

  • 32 Van Buren Ave

  • 1.85 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,472. The most common annual income of people living in Portsmouth, NH is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 124 Melbourne St

What is the listing price of this property?

The listing price of 124 Melbourne St property is $875,000.

What type of property is this?

The property 124 Melbourne St is a house located in Portsmouth, New Hampshire, 03801.

Is this property for sale now?

Sale Pending: 124 Melbourne St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,194 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 124 Melbourne St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 124 Melbourne St is 928 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 124 Melbourne St is 1890.

Rocket Homes›New Hampshire›Rockingham County›Portsmouth›03801›124 Melbourne St

This home is located at 124 Melbourne St in Portsmouth, NH and zip code 03801 in the Seacoast neighborhood. This 928 square foot home, which was built in 1890, sits on a 0.27 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $875,000.

Between March 2024 and April 2024, Portsmouth, NH real estate market has seen increase in the number of listings by 94.7%. The median list price of listings available in April 2024 was $824,000, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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