Seller's Agent in 2025
Holly Prentice
Mott & Chace Sotheby's Intl.
(401) 266-4545
3 in this area
58 Total Sales
113 Gormley Ave Portsmouth, RI 02871
Island Park Neighborhood
2
Beds
1.5
Baths
1,451
Sq Ft
2,614
Sq Ft Lot
Highlights
- Marina
- Golf Course Community
- Wood Flooring
- Portsmouth High School Rated A-
- Contemporary Architecture
- Recreation Facilities
About This Home
As of April 2025Motivated sellers! Experience the perfect blend of charm and modern sophistication in this beautifully updated home. Located in a desirable Portsmouth neighborhood, this home offers a serene retreat with impeccable attention to detail and refined finishes that elevate everyday living. Completely rebuilt in 2016 featuring 2 spacious bedrooms and 1.5 baths, this residence boasts a cheery updated kitchen designed for both functionality and style. The gleaming hardwood floors throughout add warmth and timeless appeal to every room. Enjoy the third floor living area with a wonderful deck for summer time relaxing. There is electricity out to the shed in the back yard that could be an office, man cave or she-shed. Whether you're entertaining guests or enjoying quiet moments, this property provides the perfect setting for a life well-lived. Within walking distance to the beach and Flo's clam shack. Close to the highway, restaurants and Naval base. Discover the beauty and comfort of 113 Gormley Avenue.
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. License #RES.0040286 Listed on: 01/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,624
Year Built
- Built in 2016
Lot Details
- 2,614 Sq Ft Lot
- Property is zoned R10
Home Design
- Contemporary Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,451 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Crawl Space
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Parking
- 2 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
- Outbuilding
- Porch
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 113GORMLEYAVPORT
Community Details
Overview
- Island Park Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2025
Closed on
Apr 17, 2025
Sold by
Pruett Katherine L and Pruett Ashley M
Bought by
Salerno Susanne
Seller's Agent
Holly Prentice
Mott & Chace Sotheby's Intl.
Buyer's Agent
Amelia Chafee
Residential Properties Ltd.
List Price
$645,000
Sold Price
$615,000
Premium/Discount to List
-$30,000
-4.65%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,585
Avg. Annual Appreciation
-5.69%
Original Mortgage
$522,750
Outstanding Balance
$522,750
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,648
Purchase Details
Closed on
Aug 18, 2022
Sold by
Akin John D and Akin Elizabeth J
Bought by
Pruett Katherine L and Pruett Ashley M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 23, 2017
Sold by
Tasca Properties & Renov
Bought by
Akin John D and Akin Elizabeth J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.17%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $615,000 | None Available | |
| Warranty Deed | $615,000 | None Available | |
| Warranty Deed | $525,000 | None Available | |
| Warranty Deed | $525,000 | None Available | |
| Warranty Deed | $263,000 | -- | |
| Warranty Deed | $263,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $522,750 | Purchase Money Mortgage | |
| Closed | $522,750 | Purchase Money Mortgage | |
| Previous Owner | $498,750 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $203,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Sold | $615,000 | -2.2% | $424 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 02/25/2025 02/25/25 | Price Changed | $629,000 | -2.5% | $433 / Sq Ft |
| 01/29/2025 01/29/25 | For Sale | $645,000 | -- | $445 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,624 | $426,700 | $89,100 | $337,600 |
| 2023 | $5,453 | $426,700 | $89,100 | $337,600 |
| 2022 | $4,270 | $274,400 | $70,500 | $203,900 |
| 2021 | $4,201 | $274,400 | $70,500 | $203,900 |
| 2020 | $4,135 | $274,400 | $70,500 | $203,900 |
| 2019 | $3,841 | $234,200 | $43,500 | $190,700 |
| 2018 | $3,740 | $234,200 | $43,500 | $190,700 |
| 2017 | $3,611 | $234,200 | $43,500 | $190,700 |
| 2016 | $2,504 | $156,500 | $45,700 | $110,800 |
| 2015 | $1,601 | $101,300 | $45,700 | $55,600 |
| 2014 | $1,601 | $101,300 | $45,700 | $55,600 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Prentice
-
Amelia Chafee
A
Buyer's Agent in 2025
Amelia Chafee
Residential Properties Ltd.
(401) 932-7283
1 in this area
15 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1377038
APN: PORT-000020-000000-000209
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