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  • Listed by: REAL Broker NH, LLC • Joshua Frappier
    Bought with: REAL Broker NH, LLC
    $477,500

    197 Madison Street #5, Portsmouth, NH 03801

    2beds
    850sqft
    Condominium
    Built in 1840
    -- sqft lot
    $477,600 Zestimate®
    $562/sqft
    $3,048 Estimated rent

    Home value

    $477,600

    $454,000 - $501,000

    $3,048/mo

    Zestimate® history
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    What's special

    Contemporary fixturesPrivate deckBeautifully updated condoStylish vanityRenovated kitchenBrand-new back staircaseQuartz countertops
    OFFER DEADLINE MONDAY 3/23 AT 12:00PM. Welcome to this beautifully updated condo in Portsmouth’s sought-after West End, offering the perfect blend of neighborhood charm and downtown convenience. Just a 10-minute walk to Market Square, Prescott Park, and some of the Seacoast’s best dining and entertainment, this move-in-ready home has been thoughtfully updated throughout. The renovated kitchen features new flooring, cabinets, quartz countertops, sink, and dishwasher—creating a clean, modern space ideal for everyday living and entertaining. The bathroom has also been tastefully updated with new flooring, a stylish vanity, and contemporary fixtures. Additional improvements include three newly installed mini-split systems for efficient heating and cooling, along with a brand-new back staircase and private deck completed in Fall 2025—perfect for enjoying outdoor living. The property offers the rare advantage of a dedicated parking space, plus two shared guest spots and ample off-street parking. A fantastic opportunity to enjoy low-maintenance living in one of Portsmouth’s most desirable neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Frappier,

    REAL Broker NH, LLC Cell:978-994-9587

    Bought with:

    Ian C Bushnell

    REAL Broker NH, LLC

    Source: PrimeMLS,MLS#: 5079754MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Natural Gas, Baseboard, Hot Water
    Cooling
    • Central Air, Mini Split
    Appliances
    • Included: Dishwasher, Disposal, Electric Range, Refrigerator, Natural Gas Water Heater
    Features
    • Dining Area, Kitchen/Dining
    • Flooring: Hardwood, Tile, Vinyl
    • Doors: Security Door(s)
    • Windows: Skylight(s)
    • Basement: Full,Storage Space,Unfinished,Interior Entry
    Interior area
    • Total structure area: 850
    • Total interior livable area: 850 sqft
    • Finished area above ground: 850
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, On Street, Parking Spaces 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Deck
    Lot
    • Features: City Lot, Condo Development, Level
    Details
    • Parcel number: PRSMM0145B0050L5
    • Zoning description: GRC

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Aluminum, Wood Frame, Vinyl Siding
    • Foundation: Brick, Stone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1840

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Utilities for property: Cable Available

    Community & HOA

    HOA
    • Services included: Plowing, Sewer, Water
    • Additional fee info: Fee: $225
    Location
    • Region: Portsmouth

    Financial & listing details

    • Price per square foot: $562/sqft
    • Tax assessed value: $385,300
    • Annual tax amount: $4,308
    • Date on market: 3/18/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/29/2026Sold$477,500+2.7%$562/sqft
    Source: PrimeMLS #5079754 Report a problem
    3/24/2026Pending sale$465,000$547/sqft
    Source: PrimeMLS #5079754 Report a problem
    3/18/2026Listed for sale$465,000+55%$547/sqft
    Source: PrimeMLS #5079754 Report a problem
    2/3/2026Listing removed$2,950$3/sqft
    Source: Zillow Rentals Report a problem
    1/6/2026Price change$2,950-7.8%$3/sqft
    Source: Zillow Rentals Report a problem
    12/4/2025Listed for rent$3,200$4/sqft
    Source: Zillow Rentals Report a problem
    12/30/2019Sold$300,000-2.9%$353/sqft
    Source: PrimeMLS #4776046 Report a problem
    10/28/2019Price change$309,000-3.1%$364/sqft
    Source: Great Island Realty LLC #4776046 Report a problem
    10/2/2019Price change$319,000-1.8%$375/sqft
    Source: Great Island Realty LLC #4776046 Report a problem
    9/12/2019Listed for sale$325,000+48.1%$382/sqft
    Source: Great Island Realty LLC #4776046 Report a problem
    5/12/2014Sold$219,500+1.7%$258/sqft
    Source: Public Record Report a problem
    3/31/2011Listing removed$215,900$254/sqft
    Source: RE/MAX Coast to Coast Properties #4023519 Report a problem
    2/26/2011Listed for sale$215,900+9.3%$254/sqft
    Source: RE/MAX Coast to Coast Properties #4023519 Report a problem
    9/23/2004Sold$197,500+57.5%$232/sqft
    Source: Public Record Report a problem
    8/13/1999Sold$125,400+61.8%$148/sqft
    Source: Public Record Report a problem
    1/13/1997Sold$77,500$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,308 -5.9%$385,300 +35.7%
    2023$4,579 +7.7%$283,900 +1.5%
    2022$4,253 +3.4%$279,800
    2020$4,113 -9.5%$279,800 -8.5%
    2019$4,543 +0.8%$305,700 +7.4%
    2018$4,508 +22.8%$284,600 +19.2%
    2017$3,671 +7.8%$238,700 +19.4%
    2016$3,406 +1.5%$199,900
    2015$3,356 -12.6%$199,900 -5.8%
    2014$3,839 +3.1%$212,100
    2012$3,722 +1.6%$212,100
    2011$3,663 -0.8%$212,100
    2010$3,693 $212,100
    Find assessor info on the county website

    Neighborhood: 03801

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Little Harbor School
    • Middle: Portsmouth Middle School
    • High: Portsmouth High School
    • District: Portsmouth

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $477,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $477,600