NOT LISTED FOR SALE

1578 E Main Rd Portsmouth, RI 02871

South Portsmouth Neighborhood

Estimated Value: $497,000 - $585,000

3 Beds
1.5 Baths
1,620 Sq Ft
$334/Sq Ft Est. Value

Last Sold February 01, 2013

Last sale price $190,000 $117 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $3,278/month

105 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Forced Air Heating System
  • Portsmouth High School Rated A-
  • Thermal Windows
  • Storm Doors

About This Home

As of February 2013

3BR Cape adjacent to picturesque farmland. Wood Floors, Large Breezeway to Garage. Many recent updates. Some TLC needed to complete this home. Private back yard stretching 175' back.

Last Agent to Sell the Property

Lisa Davis

Keller Williams Coastal License #REB.0016696 Listed on: 09/18/2012

Keller Williams Coastal

Last Buyer's Agent

Wendy Lord

Century 21 North East Group License #RES.0028015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 1952

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R20

Parking

  • 1 Car Garage
  • No Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Storm Doors

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Breezeway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Private Sewer

Community Details

  • Near Schoolhouse Lane Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 1578EASTMAINRDPORT

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,440

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2923
  • Subdivision Name: NEAR SCHOOLHOUSE LANE
  • Above Grade Finished Sq Ft: 1620.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1952
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Living Area: 1620.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Breezeway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Other, Private Sewer
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 12731.0
  • Parcel #: 1578EASTMAINRDPORT
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3440.0
  • Tax Lot: 31
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2014
Sold by
Manosh Kara M
Bought by
Draper Edward K
Current Estimated Value
$541,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,850
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 1999
Sold by
Oborne Loretta M
Bought by
Pedersen B Marten and Pedersen Joan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage
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
Draper Edward K $216,500 --
Pedersen B Marten $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draper Dward K $176,000
Closed Draper Edward K $185,000
Closed Draper Edward K $185,000
Closed Draper Edward K $194,850
Previous Owner Pedersen B Marten $186,558
Previous Owner Pedersen B Marten $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2013 02/01/13 Sold $190,000 -2.6% $117 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
09/18/2012 09/18/12 For Sale $195,000 -- $120 / 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 $4,236 $321,400 $132,800 $188,600
2023 $4,097 $320,600 $132,800 $187,800
2022 $4,117 $264,600 $115,500 $149,100
2021 $4,051 $264,600 $115,500 $149,100
2020 $3,988 $264,600 $115,500 $149,100
2019 $3,556 $216,800 $75,000 $141,800
2018 $3,462 $216,800 $75,000 $141,800
2017 $3,343 $216,800 $75,000 $141,800
2016 $3,166 $197,900 $75,000 $122,900
2015 $3,127 $197,900 $75,000 $122,900
2014 $3,127 $197,900 $75,000 $122,900
Source: Public Records

Agents Affiliated with this Home

  • Lisa Davis

    Seller's Agent in 2013

    Lisa Davis

    Keller Williams Coastal

    (401) 418-2525

    1 in this area

    17 Total Sales

    Lisa Davis
    Section Image

  • W

    Buyer's Agent in 2013

    Wendy Lord

    Century 21 North East Group

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1026012

State-Wide MLS

APN: PORT-000047-000000-000031

Rhode Island Newport County Portsmouth 02871 South Portsmouth

1578 E Main Rd, Portsmouth, RI

This home is located at 1578 E Main Rd, Portsmouth, RI 02871 since 18 September 2012 and is currently estimated at $541,129, approximately $334 per square foot. This property was built in 1952. 1578 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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