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$1,150,000
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Property Description
The IOKA Condominium, where the charm of colonial New England blends with modern day living.Prominent in the heart of downtown Exeter this iconic movie theater has been transformed to accommodate stunning private residences. Nestled abreast the scenic confluence of the Exeter and Squamscott Rivers the unique setting is postcard picturesque. Elevator serviced, this 2-bdrm, 2-bath condo features open concept designs with a deck overlooking the Exeter River. The secluded rooftop deck (residential use only) provides panoramic views of the river basin and surrounding area. The lower-level of the building incorporates facilities for secure storage. Walk out the front door of the IOKA to a flourishing scene of art galleries, bookstores, boutique shops, breweries, yoga studios, seasonal farmers market, festivities, and many other choices. Recognized as a "foodie town" the burgeoning restaurant scene in Exeter is all around you. Residents and guests parking in the municipal parking lot immediately adjacent the IOKA with on-street parking throughout town. Easy access to Rt 101/95, a 20-minute drive to the ocean, and about an hour or so drive to the cities of Boston, MA, or Portland, ME. AmtrakCommuter Rail provides regular service on the "Downeaster" train.National and international flight paths are available from airports nearby in Portsmouth,Manchester and Boston.This property is offered with tax savings of approx. $168,000.00. Inquire for details.
Full Property Details
Full Property Details for 53-55 Water St #202
General
- Sold For: $1,150,000
- Taxes: $850 (2024)
- Status: Closed
- Type: Condo
- Source: PrimeMLS
- MLS ID: 5006502
- Added to Site: 579 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan, Dining Area, Elevator - Passenger, Kitchen Island, Storage - Indoor, Walk-In Closet
- Appliances: Dishwasher, Disposal, Dryer, Range Hood, Microwave, Range - Gas, Refrigerator, Washer, Water Heater - Electric, Exhaust Fan
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Equipment: CO Detector, Smoke Detectr-Hard Wired, Sprinkler System, Whole BldgVentilation, Stove-Gas
Parking
- Parking: Off Premises
Location
- County: Rockingham
- Condo Project Name: IOKA Condominiums
Heating & Cooling
- Cooling Type: Mini Split
- Heating Type: Electric, Forced Air, Mini Split
Utilities
- Sewer: Public
Structural Information
- Construction Status: New Construction
- Basement Entrance: Interior
- Basement Desc.: Climate-Controlled, Concrete, Concrete Floor, Storage Space, Interior Access
- Roof: Flat
- Stories/Levels: 4+
- Square Feet: 1,048
- Finished Total: 1,048 Sq. Ft.
- Finished Above Grnd: 1,048 Sq. Ft.
- Year Built: 1915
Unit Information
- Units in Building: 8
Lot Features
- Frontage: TBD
- Driveway/Sidewalk: None
- Zoning: WC
Financial Considerations
- Price Per Sq. Ft.: $1,097.33
- Other Fee: Fee 1: $450
- Other Fee Type: Fee 1 Includes: Trash, Condo Association Fee
- Other Fee Freq.: Fee 1 Frequency: Monthly
- Tax Amount: $850.61
- Tax Year: 2024
Disclosures and Reports
- Surveyed: Yes
- Lot Number: 34
- Flood plain: Yes
Listed by Ruffner Real Estate, LLC, Florence Ruffner
Sold by Ruffner Real Estate, LLC, Elizabeth. Ruffner
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Price & Sales History for 53-55 Water St #202
Date
Details
Price
Change
Source
5/01/2025
Sold
$1,150,000
—
MLS
11/27/2024
Price Increased
$1,150,000
7.48%
MLS
7/24/2024
Listed
$1,070,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
53-55 Water Street #202, Exeter, NH 03833 (MLS# 5006502) is a Condo property that was sold at $1,150,000 on May 01, 2025. Want to learn more about 53-55 Water Street #202? Do you have questions about finding other Condo real estate for sale in Exeter? You can browse all Exeter real estate or contact a Coldwell Banker agent to request more information.

