Offered at $3,950,000 Presented by Laura Ludes
PropertyDetails
Exclusively Offered for $3,950,000
Set in the heart of downtown Portsmouth,124 State Street is a rare offering? an exceptional brick row house that stands apart as a true ?unicorn?in one of New England?s most desirable coastal communities Unlike many properties in this premier location,it is a privately owned single-family home with no condo fees,offering both independence and long-term value Completely renovated between 2020 and 2022,the home seamlessly blends historic charm with refined modern design Exposed brick,tall ceilings,custom cabinetry,and thoughtfully crafted built-ins are complemented by abundant natural light throughout,creating a warm and sophisticated living environment that feels both timeless and current The location is unmatched Step out the front door into Portsmouth?s vibrant downtown filled with acclaimed restaurants and boutique shops,while the rear opens to the historic grounds of Strawbery Banke Museum and the waterfront beauty of Prescott Park.This unique positioning offers the perfect balance of urban energy and serene outdoor living.Equally impressive are the private outdoor spaces,including a sun-filled roof deck and a tranquil bluestone courtyard,ideal for relaxing or entertaining.A legal first-floor one-bedroom apartment,currently used as a guest suite with a full kitchen and laundry,adds flexibility and value,with potential for conversion to professional or boutique business use under the property?s mixed-use zoning,subject to City approval Perhaps most remarkable is the parking,with space for up to six vehicles,along with the opportunity to build a garage due to favorable zero lot linepositioning? an extraordinary advantage in downtown Portsmouth
MAP FOR REFERENCE ONLY NOT A LEGAL DOCUMENT
City of Portsmouth, NH makes no claims and no warranties, expressed or implied, concerning the validity or accuracy of the GIS data presented on this map
Geometry updated 08/30/2024
Data updated 3/9/2022
Print map scale is approximate Critical layout or measurement activities should not be done using this resource
PROPERTY DISCLOSURE - RESIDENTIAL ONLY
New Hampshire Association of REALTORS® Standard Form TO BE COMPLETED BY SELLER
The following answers and explanations are true and complete to the best of SELLER'S knowledge. This statement has been prepared to assist prospective BUYERS in evaluating SELLER'S property. This disclosure is not a warranty of any kind by the SELLER, or any real estate FIRM representing the SELLER, and is not a substitute for any inspection by the BUYER. SELLERS authorize FIRM in this transaction to disclose the information in this statement to other real estate agents and to prospective buyers of this property.
NOTICE TO SELLER(S): COMPLETE ALL INFORMATION AND STATE NOT APPLICABLE OR UNKNOWN AS APPROPRIATE. IF ANY OF THE INFORMATION IN THIS PROPERTY DISCLOSURE FORM CHANGES FROM THE DATE OF COMPLETION, YOU ARE TO NOTIFY THE LISTING FIRM PROMPTLY IN WRITING.
Greg & Laura Ludes 124 State Street, Portsmouth, NH 03801
Yes No 4. SELLER: has has not occupied the property for years.
SUPPLY
Please answer all questions regardless of type of water supply.
a. TYPE OF SYSTEM: Public Private Seasonal ___Unknown Drilled Dug Other
b. INSTALLATION: Location:
Installed By: Date of Installation: What is the source of your information?
c. USE: Number of persons currently using the system: Does system supply water for more than one household? Yes No
d. MALFUNCTIONS: Are you aware of or have you experienced any malfunctions with the (public/private/other) water systems? Pump: Yes No N/A
Quantity: Yes No Quality: Yes No ___Unknown
If YES to any question, please explain in Comments below or with attachment.
e. WATER TEST: Have you had the water tested? Yes No Date of most recent test IF YES to any question, please explain in Comments below or with attachment. Are you aware of any test results reported as unsatisfactory or satisfactory with notations? Yes No IF YES, are test results available? _ Yes No What steps were taken to remedy the problem?
COMMENTS:
The City of Portsmouth regularly tests the water and shares results with residents. New water line installed in 2021 to increase capacity for sprinkler system. Whole house water filtration/softener installed in 2022.
6. SEWAGE DISPOSAL SYSTEM
a. TYPE OF SYSTEM: Public: Yes No Community/Shared: Yes No Private: Yes No Unknown Septic Design Available: Yes No
b. IF PUBLIC OR COMMUNITY/SHARED
Have you experienced any problems such as line or other malfunctions? Yes No What steps were taken to remedy the problem?
c. IF PRIVATE:
TANK: Septic Tank Holding Tank Cesspool Unknown Other Tank Size Gal. Unknown Other: _______________________________________________________________ Tank Type Concrete Metal __Unknown Other: Location: Location Unknown Date of Installation: Date of Last Servicing: Name of Company Servicing Tank:
Have you experienced any malfunctions? _ Yes _ No
Comments:
New Hampshire Association of REALTORS® Standard Form TO BE COMPLETED BY SELLER
PROPERTY LOCATION:
124 State Street, Portsmouth, NH 03801
d. LEACH FIELD: Yes No Other: IF YES, Location: Size: ____ Unknown: ___________________________
Date of installation of leach field: Installed By:
Have you experienced any malfunctions? Yes No
Comments: _________________________________________________________________________________________
e. IS SYSTEM LOCATED ON “DEVELOPED WATERFRONT” as described in RSA 485-A? Yes No
Unknown IF YES, has a site assessment been done? ___Yes No __Unknown
Source of Information:
Comments: FOR ADDITIONAL INFORMATION THE BUYER IS ENCOURAGED TO CONTACT THE NH DEPARTMENT OF ENVIRONMENTAL SERVICES SUBSURFACE SYSTEMS BUREAU
7. INSULATION LOCATION Yes No
Attic or Cap
Crawl Space
Exterior Walls Floors
8.
HAZARDOUS MATERIAL
Unknown If YES, Type Amount Unknown
Spray Foam R-38 Closed cell No Crawl space
Rock Wool R-22 Closed cell
Rock Wool R-23 5.5" Rockwool
a. UNDERGROUND STORAGE TANKS - Current or previously existing:
Are you aware of any past or present underground storage tanks on your property? Yes No
Installed in 2022 N/A
Unknown IF YES: Are tanks currently in use? ___Yes No IF NO: How long have tank(s) been out of service? What materials are, or were, stored in the tank(s)?
Age of tank(s):
Location:
Size of tank(s):
Are you aware of any past or present problems such as leakage, etc? Yes No
Comments: If tanks are no longer in use, have the tanks been removed? Yes No Unknown Comments: _________________________________________________________________________________
b. ASBESTOS - Current or previously existing:
As insulation on the heating system pipes or ducts? Yes No Unknown In the siding? Yes No Unknown In the roofing shingles? Yes No Unknown In flooring tiles? Yes No Unknown Other Yes No Unknown If YES, Source of information:
Comments:
c. RADON/AIR - Current or previously existing: Has the property been tested? Yes No Unknown If YES: Date: By:
Results: If applicable, what remedial steps were taken? Has the property been tested since remedial steps? Yes No Are test results available? Yes No
Comments:
New Hampshire Association of REALTORS® Standard Form
PROPERTY LOCATION:
d. RADON/WATER - Current or previously existing: Has the property been tested? Yes No Unknown If YES: Date: By: Results: If applicable, what remedial steps were taken? Has the property been tested since remedial steps? Yes No Are test results available? Yes No Comments:
e. LEAD-BASED PAINT - Current or previously existing: Are you aware of lead-based paint on this property? Yes No If YES: Source of information:
Are you aware of any cracking, peeling, or flaking lead-based paint? Yes No Comments: _________________________________________________________________________________________
124 State Street, Portsmouth, NH 03801 The building was gutted to the studs - no previously painted wood in the property.
f. Are you aware of any other hazardous materials? Yes No If YES: Source of information: Comments:
9. GENERAL INFORMATION
a. Is this property subject to liens, encroachments, easements, rights-of-way, leases, restrictive covenants, attachments, life estates, or right of first refusal? Yes No Unknown If YES, Explain: What is your source of information?
b. Is this property subject to special assessments, betterment fees, association fees, or any other transferable fees? Yes No Unknown If YES, Explain: What is your source of information?
c. Are you aware of any onsite landfills or any other factors, such as soil, flooding, drainage, etc? Yes No If YES, Explain:
d. Are you aware of any problems with other buildings on the property? Yes No If YES, Explain:
e. Are you receiving a tax exemption or reduction for this property for any reason including but not limited to current use, land conservation, etc.? YES NO UNKNOWN If YES, Explain:
f. Is this property located in a Federally Designated Flood Hazard Zone? ___Yes No ___Unknown Comments: _________________________________________________________________________________________
g. Has the property been surveyed? Yes No Unknown If YES, By: If YES, is survey available? Yes No Unknown
h. How is the property zoned?
i. Street (check one): ____ Public ____ Private ____ Association If private, is there a written road maintenance agreement? ___ Yes ___ No Additional Information: ________________________________________________________________________________
j. Heating System Age: Type:
Location: Owner of Tank: Annual Fuel Consumption:
Date system was last serviced and by whom?
Secondary Heat Systems: Comments:
TO BE COMPLETED BY SELLER SELLER(S) INITIALS /
New Hampshire Association of REALTORS® Standard Form TO BE COMPLETED BY SELLER
PROPERTY LOCATION:
2022
124 State Street, Portsmouth, NH 03801
Flat portion is rubber under the deck and back half of roof.
k. Roof Age: Type of Roof Covering: Moisture or leakage: Comments: ______________________________________________________________________________________
Asphalt shingles on front portion of roof are newer but install year unknown. Poured concrete and fieldstone. No.
l. Foundation/Basement: Full Partial Other: Type: Moisture or leakage: Comments:
1 Yes
m. Chimney(s) How Many? Lined? Last Cleaned: Problems? Comments:
Boiler is vented through lined duct; nothing else is vented in chimney. Pex and copper.
n. Plumbing Type: Age: Comments:
2021-2022
o. Domestic Hot Water: Age: Type: Gallons:
2 years
HTP 60 gallons
200 Main panel in basement; sub panels in apartment and primary bedroom.
p. Electrical System: # of Amps Circuit Breakers Fuses___ Comments: Solar Panels: Leased Owned If leased, explain terms of agreement: Comments:
Wired for solar panels.
q. Modifications: Are you aware of any modifications or repairs made without the necessary permits? Yes No If Yes, please explain:
r. Pest Infestation: Are you aware of any past or present pest infestations? Yes No Type: Comments:
s. Methamphetamine Production: Do you have knowledge of methamphetamine production ever occurring on the property? (Per RSA 477:4-g) Yes No If YES, please explain:
Central 2 years
9/2024 Talas Heating & Cooling
t. Air Conditioning: Type: ________ Age: _____ Date Last Serviced and by whom: _________ Comments: ________________________________________________________________________________________
Central and Monitors for apartment
u. Pool: Age : _____ Heated: ___ Yes ____ No Type: ______________ Last Date of Service: _____________ By Whom: ______________________________________________________
v. Generator: Portable: Yes ____ No___ Whole House: Yes___ No___ Kw/Size: ______ Last Date of Service: _______ If Portable: _____ Included _____ Negotiable Comments: ________________________________________________________
w. Internet: Type Currently Used at Property: ___________________________________
Comcast
x. Other (e.g. Alarm System, Irrigation System, etc.) Comments:
Sprinkler System
NOTICE TO PURCHASER(S): PRIOR TO SETTLEMENT YOU SHOULD EXERCISE WHATEVER DUE DILIGENCE YOU DEEM NECESSARY WITH RESPECT TO ADJACENT PARCELS IN ACCORDANCE WITH THE TERMS AND CONDITIONS AS MAY BE CONTAINED IN PURCHASE AND SALES AGREEMENT AND DEPOSIT RECEIPT. YOU SHOULD EXERCISE WHATEVER DUE DILIGENCE YOU DEEM NECESSARY WITH RESPECT TO INFORMATION ON ANY SEXUAL OFFENDERS REGISTERED UNDER NH RSA CHAPTER 651-B. SUCH INFORMATION MAY BE OBTAINED BY CONTACTING THE LOCAL POLICE DEPARTMENT.
SELLER(S) INITIALS /
BUYER(S) INITIALS /
PROPERTY DISCLOSURE - RESIDENTIAL ONLY
New Hampshire Association of REALTORS® Standard Form TO BE COMPLETED BY SELLER
Portsmouth, NH 03801
10. ADDITIONAL INFORMATION
a. ATTACHMENT EXPLAINING CURRENT PROBLEMS, PAST REPAIRS, OR ADDITIONAL INFORMATION?
Yes No
b. ADDITIONAL COMMENTS:
When the building was purchased in December 2020 it had been taken down to the studs for redevelopment.
From 2021-2022 a full renovation of the building included:
Meeting all fire safety requirements by the City including sprinkler system.
Reconstruction of the roof deck and loft & addition of brick wing walls on the deck.
All new heating, cooling & plumbing.
New windows and doors to meet egress.
Re-pointing of interior and exterior brickwork.
Excavation of rear yard to add full size entry to basement level.
Underground electrical.
New water & sewer lines on State Street side of the building.
White oak hardwood throughout.
Rebuilt staircase.
New landscaping including hardscape.
New cedar fence & exterior lighting.
ACKNOWLEDGEMENTS
SELLER ACKNOWLEDGES THAT HE/SHE HAS PROVIDED THE ABOVE INFORMATION AND THAT SUCH INFORMATION IS ACCURATE, TRUE AND COMPLETE TO THE BEST OF HIS/HER KNOWLEDGE. SELLER AUTHORIZES THE LISTING BROKER TO DISCLOSE THE INFORMATION CONTAINED HEREIN TO OTHER BROKERS AND PROSPECTIVE PURCHASERS.
SELLER(S) MAY BE RESPONSIBLE AND LIABLE FOR ANY FAILURE TO PROVIDE KNOWN INFORMATION TO BUYER(S).
SELLER DATE SELLER DATE
BUYER ACKNOWLEDGES RECEIPT OF THIS PROPERTY DISCLOSURE RIDER AND HEREBY UNDERSTANDS THE PRECEDING INFORMATION WAS PROVIDED BY SELLER AND IS NOT GUARANTEED BY BROKER/AGENT. THIS DISCLOSURE STATEMENT IS NOT A REPRESENTATION, WARRANTY OR GUARANTY AS TO THE CONDITION OF THE PROPERTY BY EITHER SELLER OR BROKER. BUYER IS ENCOURAGED TO UNDERTAKE HIS/HER OWN INSPECTIONS AND INVESTIGATIONS VIA LEGAL COUNSEL, HOME, STRUCTURAL OR OTHER PROFESSIONAL AND QUALIFIED ADVISORS AND TO INDEPENDENTLY VERIFY INFORMATION DIRECTLY WITH THE TOWN OR MUNICIPALITY.
BUYER DATE
BUYER DATE
Greg Ludes
Laura Ludes
AND/OR LEAD-BASED HAZARDS FOR HOUSING SALES
This Disclosure Form is from the National Lead Information Center under the United States Environmental Protection Agency. This is not a New Hampshire Association of REALTORS® form.
Property Address:
124 State Street, Portsmouth, NH 03801
Lead Warning Statement
Every purchaser of any interest in residential property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller’s possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase.
Seller’s Disclosure
(a) Presence of lead-based paint and/or lead-based paint hazards (check (i) or (ii) below):
(i) Known lead-based paint and/or lead-based paint hazards are present in the housing (explain).
(ii) Seller has no knowledge of lead-based paint and/or lead-based paint hazards in the housing.
(b) Records and reports available to the seller (check (i) or (ii) below):
(i) Seller has provided the purchaser with all available records and reports pertaining to lead-based paint and/or lead-based paint hazards in the housing (list documents below).
(ii) Seller has no reports or records pertaining to lead-based paint and/or lead-based paint hazards in the housing.
Purchaser’s Acknowledgement (initial)
(c) _____ Purchaser has received copies of all information listed above.
(d) _____ Purchaser has received the pamphlet Protect Your Family from Lead in Your Home.
(e) Purchaser has (check (i) or (ii) below):
(i) received a 10-day opportunity (or mutually agreed upon period) to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards; or
(ii) waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards.
Agent’s Acknowledgement (initial)
(f) _____ Agent has informed the seller of the seller’s obligations under 42 U.S.C. 4852d and is aware of his/her responsibility to ensure compliance.
Certification of Accuracy
The following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provided is true and accurate.
Seller Date Seller Date
Purchaser Date
Purchaser Date
Laura Ludes
Laura Ludes
