NOT LISTED FOR SALE

117 Cedar Ave Unit 119 Portsmouth, RI 02871

Island Park Neighborhood

Estimated Value: $370,000 - $745,000

4 Beds
2 Baths
2,992 Sq Ft
$187/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $240,000 $80 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,337/month

9 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Cooling Available
  • Portsmouth High School Rated A-
  • Walking Distance to Water
  • Bathtub with Shower

About This Home

As of November 2019

Welcome to Island Park! 117-119 Cedar Ave is a duplex situated on a lovely lot. The home is one level with each unit featuring 2 bedrooms, 1 bath, an eat-in-kitchen, and a living room. Each unit included a full unfinished basement. Some updates (electric service 100 amp,new roof) have been done. It is a perfect investment for owner occupied. It does need updating. The flood insc is quoted as $1829.00 Island Park is a vibrant Portsmouth neighborhood featuring great beaches, restaurants, a marina and is near highway access to Newport, Navy Base, and Providence.

Last Agent to Sell the Property

MARY KAY LUNDBERG

Century 21 Topsail Realty License #RES.0019062 Listed on: 10/18/2019

Last Buyer's Agent

Ryan Hazinakis

Keller Williams Coastal License #RES.0040457

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 1964

Lot Details

  • 8,712

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,992 Sq Ft Home
  • 1-Story Property
  • Storm Doors

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cesspool

Additional Features

  • Walking Distance to Water
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 189
  • Assessor Parcel Number 117119CEDARAVPORT

Community Details

Overview

  • 4 Units
  • Island Park Subdivision

Recreation

  • Marina

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,607

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Subdivision Name: Island Park
  • Above Grade Finished Sq Ft: 2992.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Tub Shower
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 117119CEDARAVPORT
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2607.0
  • Tax Lot: 189
  • Tax Year: 2019

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Souza Chad $235,800
Closed Souza Chad T $235,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $240,000 -4.0% $80 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $250,000 -- $84 / Sq Ft
Source: State-Wide MLS

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 $3,818 $289,700 $130,900 $158,800
2023 $3,702 $289,700 $130,900 $158,800
2022 $3,140 $201,800 $111,600 $90,200
2021 $3,090 $201,800 $111,600 $90,200
2020 $3,041 $201,800 $111,600 $90,200
2019 $2,608 $159,000 $68,800 $90,200
2018 $2,539 $159,000 $68,800 $90,200
2017 $2,452 $159,000 $68,800 $90,200
2016 $2,563 $160,200 $72,400 $87,800
2015 $2,531 $160,200 $72,400 $87,800
2014 $2,531 $160,200 $72,400 $87,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    MARY KAY LUNDBERG

    Century 21 Topsail Realty

  • Ryan Hazinakis

    Buyer's Agent in 2019

    Ryan Hazinakis

    Keller Williams Coastal

    (401) 477-4251

    4 in this area

    129 Total Sales

    Ryan Hazinakis
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Map

Source: State-Wide MLS

MLS Number: 1239198

State-Wide MLS

APN: PORT-000020-000000-000189

Rhode Island Newport County Portsmouth 02871 Island Park

117 Cedar Ave Unit 119, Portsmouth, RI

This home is located at 117 Cedar Ave Unit 119, Portsmouth, RI 02871 since 18 October 2019 and is currently estimated at $558,512, approximately $186 per square foot. This property was built in 1964. 117 Cedar Ave Unit 119 is a home located in Newport County with nearby schools including Portsmouth High School, St. Philomena School of the Sacred Heart, and Our Lady of Mt. Carmel School.

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