225 WATER ST
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Location
225 WATER ST
Mblu
64/ / 43/ /
Acct#
G1365R
Owner
PHILLIPS EXETER ACADEMY
Total Market Value
$1,861,800
Appraisal
$1,861,800
PID
1529
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$904,400$957,400$1,861,800
Assessment
Valuation YearImprovementsLandTotal
2025$904,400$957,400$1,861,800

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerPHILLIPS EXETER ACADEMY
Co-Owner
Address20 MAIN ST
EXETER, NH 03833
Sale Price$1,060,000
Certificate
Book & Page 5486/2516
Sale Date10/10/2013
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PHILLIPS EXETER ACADEMY$1,060,000 5486/25160010/10/2013
225 WATER STREET PROFESSIONAL $0 3244/1161 10/14/1997
DONAHUE MCCAFFREY$0 2806/2333  

Building Information
Building 1 : Section 1
Year Built: 1957
Living Area: 9,630
Replacement Cost: $1,756,656
Building Percent Good: 50
Replacement Cost
Less Depreciation:
$878,300
Building Attributes
FieldDescription
Style:Profess. Bldg
ModelCommercial
GradeAverage +20
Stories:2
Occupancy4.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Plywood Panel
Interior Wall 2Drywall/Sheet
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UsePROF BLDG MDL-94
Total Rooms 
Total Bedrms 
Total Baths 
%Taxable1
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 4,830 4,830
BASFirst Floor 4,800 4,800
FOPPorch, Open, Finished 720 0
   10,350 9,630

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR2WET/CONCEALED9380.00 S.F.$14,1001

Land
Land Use
Use Code904C
DescriptionPRI SCHOOL MDL-94  
ZoneC-1
NeighborhoodC7
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.48
Frontage0
Depth0
Total Market Land$957,400
Appraised Value$957,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  8000.00 S.F.$12,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$904,400$957,400$1,861,800
2024$904,400$957,400$1,861,800
2023$637,900$488,000$1,125,900

Assessment
Valuation YearImprovementsLandTotal
2025$904,400$957,400$1,861,800
2024$904,400$957,400$1,861,800
2023$637,900$488,000$1,125,900

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