118 Belmont Dr Portsmouth, RI 02871
South Portsmouth Neighborhood
2
Beds
2
Baths
2,058
Sq Ft
$700/mo
HOA Fee
Highlights
- Golf Course Community
- Deck
- Recreation Facilities
- Portsmouth High School Rated A-
- Attic
- 2 Car Attached Garage
About This Home
As of September 2024Spacious 2 bedroom 2 bath one level condo in Oakland Farms. Private entrance. Lovely kitchen and open floor plan, gas fireplace and enclosed sunroom. Condo features a big deck to enjoy the peaceful and pastoral location. 2 car garage with extra storage is a great bonus. Well managed condo complex with lovely landscaping and park-like setting. Needs some freshening up to make this yours! Great location near Glen Farm, the Polo Grounds, Sandy Point beach and just a short drive to Newport.
Last Agent to Sell the Property
Century 21 Topsail Realty License #RES.0028774 Listed on: 06/12/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,156
Year Built
- Built in 1989
HOA Fees
- $700 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Assigned Parking
Home Design
- Slab Foundation
- Shingle Siding
Interior Spaces
- 2,058 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Permanent Attic Stairs
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Central Air
- Baseboard Heating
- 200+ Amp Service
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Legal Lot and Block 26 / 35
- Assessor Parcel Number 118BELMONTDRPORT
Community Details
Overview
- Association fees include ground maintenance, snow removal, trash
- 88 Units
- Oakland Farms Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Golf Course Community
- Recreation Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2024
Closed on
Sep 26, 2024
Sold by
Joyce Robert E and Joyce Colleen E
Bought by
Paula H Mello 2016 Ret and Mello
Seller's Agent
Shelley Andrade
Century 21 Topsail Realty
Buyer's Agent
Lori Medeiros
RE/MAX Vantage
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Views
66
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
$37,735
Avg. Annual Appreciation
6.48%
Original Mortgage
$120,000
Outstanding Balance
$118,886
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$553,849
Purchase Details
Closed on
Apr 30, 2010
Sold by
Alose Ronald S
Bought by
Ruggiero Anthony and Ruggiero Elaine
Purchase Details
Closed on
Jun 29, 2004
Sold by
Vaillancourt Paul and Vaillancourt Victoria
Bought by
Alose Ronald
Purchase Details
Closed on
Jun 26, 2002
Sold by
Est Maynard Robert and Maynard Bruce
Bought by
Vaillancourt Paul
Purchase Details
Closed on
May 4, 1994
Sold by
Regine Enterprises Inc
Bought by
Maynard Robert A
Similar Homes in Portsmouth, RI
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 | $635,000 | None Available | |
| Warranty Deed | $635,000 | None Available | |
| Deed | $427,500 | -- | |
| Deed | $427,500 | -- | |
| Deed | $389,000 | -- | |
| Deed | $389,000 | -- | |
| Deed | $289,900 | -- | |
| Deed | $289,900 | -- | |
| Warranty Deed | $183,000 | -- | |
| Warranty Deed | $183,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | Purchase Money Mortgage | |
| Closed | $120,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $100,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2024 09/26/24 | Sold | $635,000 | -2.3% | $309 / Sq Ft |
| 06/12/2024 06/12/24 | For Sale | $650,000 | +88.4% | $316 / Sq Ft |
| 10/11/2012 10/11/12 | Sold | $345,000 | -4.1% | $168 / Sq Ft |
| 09/11/2012 09/11/12 | Pending | -- | -- | -- |
| 08/01/2012 08/01/12 | For Sale | $359,900 | -- | $175 / 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 | $7,379 | $559,900 | $0 | $559,900 |
| 2023 | $7,156 | $559,900 | $0 | $559,900 |
| 2022 | $7,103 | $456,500 | $0 | $456,500 |
| 2021 | $6,989 | $456,500 | $0 | $456,500 |
| 2020 | $6,879 | $456,500 | $0 | $456,500 |
| 2019 | $5,802 | $353,800 | $0 | $353,800 |
| 2018 | $5,650 | $353,800 | $0 | $353,800 |
| 2017 | $5,456 | $353,800 | $0 | $353,800 |
| 2016 | $4,998 | $312,400 | $0 | $312,400 |
| 2015 | $4,936 | $312,400 | $0 | $312,400 |
| 2014 | $4,936 | $312,400 | $0 | $312,400 |
Source: Public Records
Agents Affiliated with this Home
-
Shelley Andrade
Seller's Agent in 2024
Shelley Andrade
Century 21 Topsail Realty
(401) 935-0762
7 in this area
54 Total Sales
-
Lori Medeiros
Buyer's Agent in 2024
Lori Medeiros
RE/MAX Vantage
(774) 322-5414
1 in this area
68 Total Sales
-
Martha Easley
Seller's Agent in 2012
Martha Easley
Hogan Associates Christie's
(401) 862-0552
13 in this area
39 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1361448
APN: PORT-000061-000035-000026
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