231-237 WATER ST
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Location
231-237 WATER ST
Mblu
64/ / 41/ E/
Acct#
P4504R
Owner
PHILLIPS EXETER ACADEMY
Total Market Value
$2,864,500
Appraisal
$2,864,500
PID
1527
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,791,900$1,072,600$2,864,500
Assessment
Valuation YearImprovementsLandTotal
2025$1,791,900$1,072,600$2,864,500

Parcel Addresses
Additional Addresses
AddressCity, State ZipType
261 WATER ST  Secondary

Owner of Record
OwnerPHILLIPS EXETER ACADEMY
Co-Owner
Address20 MAIN ST
EXETER, NH 03833
Sale Price$0
Certificate
Book & Page 0853/0410
Sale Date08/19/1930

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
PHILLIPS EXETER ACADEMY$0 0853/041008/19/1930

Building Information
Building 1 : Section 1
Year Built: 1735
Living Area: 3,416
Replacement Cost: $542,381
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$325,400
Building Attributes
FieldDescription
Style:Office Bldg
ModelCommercial
GradeAverage +20
Stories:2
Occupancy1.00
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Inlaid Sht Gds
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseOFFICE BLD MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
%Taxable1
1st Floor Use:3400
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,972 1,972
FUSUpper Story, Finished 1,444 1,444
UBMBasement, Unfinished 1,972 0
WDKDeck, Wood 120 0
   5,508 3,416
Building 2 : Section 1
Year Built: 2006
Living Area: 8,106
Replacement Cost: $1,819,501
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$1,455,600
Building Attributes : Bldg 2 of 2
FieldDescription
Style:School/College
ModelCommercial
GradeGood +10
Stories:1
Occupancy1.00
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeRadiant
AC TypeCentral
Bldg UseCHILD CARE
Total Rooms 
Total Bedrms 
Total Baths 
%Taxable.67
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsABOVE AVERAGE
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 8,106 8,106
CANCanopy 180 0
FEPPorch, Enclosed, Finished 160 0
   8,446 8,106

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR1SPRINKLERS-WET8106.00 S.F.$10,9002

Land
Land Use
Use Code904C
DescriptionPRI SCHOOL MDL-94  
ZoneC-1
NeighborhoodC7
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.81
Frontage0
Depth0
Total Market Land$1,072,600
Appraised Value$1,072,600

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,791,900$1,072,600$2,864,500
2024$1,791,900$1,072,600$2,864,500
2023$2,012,700$278,600$2,291,300

Assessment
Valuation YearImprovementsLandTotal
2025$1,791,900$1,072,600$2,864,500
2024$1,791,900$1,072,600$2,864,500
2023$2,012,700$278,600$2,291,300

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