NOT LISTED FOR SALE

12 Atlantic Ave Portsmouth, RI 02871

Portsmouth Park Neighborhood

Estimated Value: $389,000 - $447,000

1 Bed
1 Bath
528 Sq Ft
$797/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $340,000 $644 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,633/month

9 Days on Market

Highlights

  • Marina
  • Water Views
  • Water Access
  • Portsmouth High School Rated A-
  • Golf Course Community
  • Wood Flooring

About This Home

As of June 2022

Waterfront living awaits at this charming beach cottage in desirable Portsmouth! This picturesque cottage has been well-maintained and tastefully renovated, and would be suitable as both a vacation home or for year-round living. Enjoy substantial views of the Sakonnet River right from the large front windows, or launch a kayak just steps down the road at the public water access. The open floor plan features one bedroom, living room, dining area, kitchen, and full bathroom. The welcoming backyard offers beautiful landscaping, an outdoor shower, and a mahogany deck that is perfect for summer entertaining. This relaxing, waterfront neighborhood is quiet and private, but still conveniently located near Aquidneck Island's remarkable beaches, dining, shops, and entertainment.

Last Agent to Sell the Property

Matthew Antonio

Chart House, REALTORS® License #REB.0019238 Listed on: 05/18/2022

Last Buyer's Agent

Matthew Antonio

Chart House, REALTORS® License #REB.0019238 Listed on: 05/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1968

Lot Details

  • 2,178 Sq Ft Lot
  • Property is zoned R20

Home Design

  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property
  • Water Views

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 12ATLANTICAVPORT

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Sakonnet River Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,404

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Subdivision Name: Sakonnet River
  • Above Grade Finished Sq Ft: 528.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1968
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Other
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Living Area: 528.0
  • Stories: 1
  • ResoLivingAreaSource: Estimated

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None, Central Air
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 12ATLANTICAVPORT
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2404.0
  • Tax Block: -
  • Tax Lot: 53
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 15, 2022
Sold by
Gediman Olivia L
Bought by
Elias David and Feldman Shanna
Seller's Agent
Matthew Antonio
Chart House, REALTORS®
Buyer's Agent
Matthew Antonio
Chart House, REALTORS®
List Price
$329,000
Sold Price
$340,000
Premium/Discount to List
$11,000
3.34%
Current Estimated Value
$420,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,738
Avg. Annual Appreciation
6.76%
Original Mortgage
$200,000
Outstanding Balance
$191,639
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,181

Purchase Details

Listed on
Aug 12, 2016
Closed on
Oct 14, 2016
Sold by
Grace Andrew J
Bought by
Gediman Olivia L
Seller's Agent
Marlene Harrington
Hogan Associates Christie's
Buyer's Agent
Carol Guimond
Hearth & Harbor Realty
List Price
$154,000
Sold Price
$154,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$123,200
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2008
Sold by
Grinnell Kenneth J and Grinnell Nicole
Bought by
Grace Andrew J
Source: Public Records

Range of Values:

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Average Value
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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
Elias David $340,000 None Available
Gediman Olivia L $154,000 --
Grace Andrew J $85,000 --
Gediman Olivia L $154,000 --
Grace Andrew J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elias David $200,000
Previous Owner Gediman Olivia L $123,200
Previous Owner Grace Andrew J $71,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $340,000 +3.3% $644 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $329,000 +113.6% $623 / Sq Ft
10/14/2016 10/14/16 Sold $154,000 0.0% $312 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $154,000 -- $312 / 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 $4,086 $310,000 $189,900 $120,100
2023 $3,962 $310,000 $189,900 $120,100
2022 $2,443 $157,000 $123,400 $33,600
2021 $2,404 $157,000 $123,400 $33,600
2020 $2,366 $157,000 $123,400 $33,600
2019 $2,286 $139,400 $92,400 $47,000
2018 $2,226 $139,400 $92,400 $47,000
2017 $2,150 $139,400 $92,400 $47,000
2016 $1,658 $103,600 $85,800 $17,800
2015 $1,637 $103,600 $85,800 $17,800
2014 $1,637 $103,600 $85,800 $17,800
Source: Public Records

Agents Affiliated with this Home

  • Matthew Antonio

    Seller's Agent in 2022

    Matthew Antonio

    Chart House, REALTORS®

    (508) 243-6615

    1 in this area

    91 Total Sales

    Section Image
  • Marlene Harrington

    Seller's Agent in 2016

    Marlene Harrington

    Hogan Associates Christie's

    (401) 862-2498

    41 Total Sales

    Section Image
  • Carol Guimond

    Buyer's Agent in 2016

    Carol Guimond

    Hearth & Harbor Realty

    (401) 418-0462

    42 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1310325

State-Wide MLS

APN: PORT-000029-000000-000053

Rhode Island Newport County Portsmouth 02871 Portsmouth Park

12 Atlantic Ave, Portsmouth, RI

This home is located at 12 Atlantic Ave, Portsmouth, RI 02871 since 18 May 2022 and is currently estimated at $420,738, approximately $796 per square foot. This property was built in 1968. 12 Atlantic Ave 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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