NOT LISTED FOR SALE

1596 W Main Rd Portsmouth, RI 02871

South Portsmouth Neighborhood

Estimated Value: $10,492,821

-- Bed
1 Bath
2,066 Sq Ft
$5,079/Sq Ft Est. Value

About This Home

This home is located at 1596 W Main Rd, Portsmouth, RI 02871 and is currently estimated at $10,492,821, approximately $5,078 per square foot. 1596 W Main Rd is a home located in Newport County with nearby schools including Portsmouth High School, St. Philomena School of the Sacred Heart, and The Pennfield School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2018
Sold by
122 Properties Llc
Bought by
1596 West Main Llc
Current Estimated Value
$10,492,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$858,489
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$9,045,157

Purchase Details

Closed on
Sep 15, 2017
Sold by
122 Properties Llc
Bought by
1596 West Main Llc

Purchase Details

Closed on
Oct 22, 2014
Sold by
Scott W Potter Lt
Bought by
122 Properties Llc

Purchase Details

Closed on
Apr 10, 2014
Sold by
Potter Scott W
Bought by
Scott W Potter Lt

Purchase Details

Closed on
Mar 26, 2004
Sold by
Bismark Prtnrshp
Bought by
Potter Scott
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
1596 West Main Llc $5,600,000 --
1596 West Main Llc $560,000 --
122 Properties Llc $505,000 --
Scott W Potter Lt -- --
Potter Scott $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1596 West Main Llc $1,000,000
Previous Owner Bismark Partnership $383,322
Previous Owner Bismark Partnership $25,000
Previous Owner Bismark Partnership $383,322
Previous Owner Bismark Partnership $25,000
Source: Public Records

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 $11,925 $904,800 $404,800 $500,000
2023 $11,563 $904,800 $404,800 $500,000
2022 $13,715 $881,400 $385,000 $496,400
2021 $13,494 $881,400 $385,000 $496,400
2020 $13,283 $881,400 $385,000 $496,400
2019 $15,216 $927,800 $385,000 $542,800
2018 $8,371 $524,200 $385,000 $139,200
2017 $8,083 $524,200 $385,000 $139,200
2016 $8,155 $509,700 $385,000 $124,700
2015 $8,053 $509,700 $385,000 $124,700
2014 $8,053 $509,700 $385,000 $124,700
Source: Public Records

Map

Rhode Island Newport County Portsmouth 02871 South Portsmouth

1596 W Main Rd, Portsmouth, RI

This home is located at 1596 W Main Rd, Portsmouth, RI 02871 and is currently estimated at $10,492,821, approximately $5,078 per square foot. 1596 W Main Rd is a home located in Newport County with nearby schools including Portsmouth High School, St. Philomena School of the Sacred Heart, and The Pennfield School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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