$234,000
SOLD AUG 14, 2019

25 Marine Ave Portsmouth, RI 02871

Island Park Neighborhood
1 Bed
1 Bath
806 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$290 Per Sq Ft

6% Below List Price

125 Days on Market

Highlights

  • Beach Front
  • Marina
  • Tennis Courts
  • Portsmouth High School Rated A-
  • Wood Flooring
  • Cottage

About This Home

As of January 2021

Own your own slice of heaven! Welcome to a gem of a waterfront home located on Blue Bill Cove in Island Park. This move-in ready home is a perfect year round residence or summer getaway with sweeping water views, newer septic, and low-maintenance yard. Drop your kayak in from your backyard. Enjoy sunrises on your back deck or your private master deck. Perfectly proportioned, even at its compact size. At this price point, do not wait! It will not last.

Last Agent to Sell the Property

The Donovan Group

Homes By Connect Listed on: 03/11/2019

Last Buyer's Agent

Joshua Deaner

Mott & Chace Sotheby's Intl. License #REB.0016921

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,873

Year Built

  • Built in 1930

Lot Details

  • 1,742 Sq Ft Lot
  • Beach Front
  • Property is zoned R10

Parking

  • No Garage

Home Design

  • Cottage

Interior Spaces

  • 806 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Walking Distance to Water

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 125A
  • Assessor Parcel Number 25MARINEAVPORT

Community Details

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Island Park Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,873

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Subdivision Name: Island Park
  • Above Grade Finished Sq Ft: 806.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Living Area: 806.0
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.0
  • Parcel #: 25MARINEAVPORT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2873.0
  • Tax Lot: 125A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 19, 2021
Sold by
Edsell Erica E and Danforth Emily M
Bought by
Shannon Amanda L and Kennedy John C
Seller's Agent
Joshua Deaner
Mott & Chace Sotheby's Intl.
Buyer's Agent
Taylor & Company
Residential Properties, Ltd.
List Price
$329,000
Sold Price
$335,000
Premium/Discount to List
$6,000
1.82%
Current Estimated Value
$492,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,593
Avg. Annual Appreciation
7.27%

Purchase Details

Listed on
Mar 11, 2019
Closed on
Aug 11, 2019
Sold by
Wayne Purnell T
Bought by
Edsell Erica E and Danforth Emily M
Seller's Agent
The Donovan Group
Homes By Connect
Buyer's Agent
Joshua Deaner
Mott & Chace Sotheby's Intl.
List Price
$249,000
Sold Price
$234,000
Premium/Discount to List
-$15,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.30%
Original Mortgage
$258,207
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2014
Sold by
Purnell Wayne and Nagler Nancy
Bought by
Wayne Purnell T

Purchase Details

Closed on
May 20, 2004
Sold by
Sullivan Richard and Sullivan Joanne
Bought by
Purneu Wayne and Nagler Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $335,000 None Available
Deed $234,000 --
Warranty Deed -- --
Deed $254,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $258,207 FHA
Previous Owner $100,000 No Value Available
Previous Owner $160,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $335,000 +1.8% $416 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $329,000 +40.6% $408 / Sq Ft
08/14/2019 08/14/19 Sold $234,000 -6.0% $290 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $249,000 -- $309 / 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 $4,355 $330,400 $223,700 $106,700
2023 $4,223 $330,400 $223,700 $106,700
2022 $3,520 $226,200 $145,900 $80,300
2021 $3,463 $226,200 $145,900 $80,300
2020 $3,409 $226,200 $145,900 $80,300
2019 $3,032 $184,900 $90,000 $94,900
2018 $2,953 $184,900 $90,000 $94,900
2017 $2,851 $184,900 $90,000 $94,900
2016 $2,738 $171,100 $94,700 $76,400
2015 $2,703 $171,100 $94,700 $76,400
2014 $2,703 $171,100 $94,700 $76,400
Source: Public Records

Agents Affiliated with this Home

  • Joshua Deaner

    Seller's Agent in 2021

    Joshua Deaner

    Mott & Chace Sotheby's Intl.

    (401) 556-1116

    1 in this area

    59 Total Sales

    Section Image

  • T

    Buyer's Agent in 2021

    Taylor & Company

    Residential Properties, Ltd.

  • Nelson Taylor

    Buyer's Agent in 2021

    Nelson Taylor

    Compass

    (401) 214-1524

    1 in this area

    607 Total Sales

    Section Image

  • T

    Seller's Agent in 2019

    The Donovan Group

    Homes By Connect

    (401) 323-3546

    8 in this area

    228 Total Sales

    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1216981

State-Wide MLS

APN: PORT-000020-000000-000125A

Rhode Island Newport County Portsmouth 02871 Island Park

25 Marine Ave, Portsmouth, RI

This home is located at 25 Marine Ave, Portsmouth, RI 02871 and is currently priced at $234,000, approximately $290 per square foot. This property was built in 1930. 25 Marine Ave is a home located in Newport County with nearby schools including Portsmouth High School.

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