NOT LISTED FOR SALE

1016 E Main Rd Portsmouth, RI 02871

South Portsmouth Neighborhood

Estimated Value: $3,154,931

-- Bed
-- Bath
12,003 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 1016 E Main Rd, Portsmouth, RI 02871 and is currently estimated at $3,154,931, approximately $262 per square foot. 1016 E Main Rd is a home located in Newport County with nearby schools including Portsmouth High School, The Pennfield School, and St. Philomena School of the Sacred Heart.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Old Almy Village Llc
Bought by
Oav Llc
Current Estimated Value
$3,154,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,678,742
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,338,966

Purchase Details

Closed on
Jan 31, 2002
Sold by
Mckinney Cecile B
Bought by
Old Almy Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oav Llc $2,400,000 None Available
Old Almy Village Llc $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oav Llc $1,800,000
Previous Owner Almy Village Llc $100,000
Previous Owner Old Almy Village Llc $150,000
Previous Owner Old Almy Village Llc $675,000
Previous Owner Old Almy Village Llc $100,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,697 $2,177,300 $776,200 $1,401,100
2023 $27,826 $2,177,300 $776,200 $1,401,100
2022 $18,874 $1,213,000 $465,200 $747,800
2021 $18,571 $1,213,000 $465,200 $747,800
2020 $18,280 $1,213,000 $465,200 $747,800
2019 $18,719 $1,141,400 $465,200 $676,200
2018 $18,228 $1,141,400 $465,200 $676,200
2017 $17,600 $1,141,400 $465,200 $676,200
2016 $17,405 $1,087,800 $462,500 $625,300
2015 $17,187 $1,087,800 $462,500 $625,300
2014 $17,187 $1,087,800 $462,500 $625,300
Source: Public Records

Map

Rhode Island Newport County Portsmouth 02871 South Portsmouth

1016 E Main Rd, Portsmouth, RI

This home is located at 1016 E Main Rd, Portsmouth, RI 02871 and is currently estimated at $3,154,931, approximately $262 per square foot. 1016 E Main Rd is a home located in Newport County with nearby schools including Portsmouth High School, The Pennfield School, and St. Philomena School of the Sacred Heart.

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