NOT LISTED FOR SALE

260 Old Mill Ln Unit 262 Portsmouth, RI 02871

South Portsmouth Neighborhood

Estimated Value: $699,000 - $839,000

4 Beds
2 Baths
1,568 Sq Ft
$482/Sq Ft Est. Value

Last Sold July 24, 2012

Last sale price $251,000 $160 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $4,591/month

124 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Portsmouth High School Rated A-
  • Carpet

About This Home

As of July 2012

SOLD "AS IS". Property is listed post-foreclosure. To be paid commission, broker must be licensed in RI.

Last Agent to Sell the Property

Kenneth Olson

eXp Realty License #REB.0019232 Listed on: 02/20/2012

eXp Realty

Last Buyer's Agent

Jean Ingraham

Century 21 Topsail Realty License #REB.0011724

Century 21 Topsail Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 1973

Lot Details

  • 0.69 Acre Lot

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Home Design

  • Shingle Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 2 Units
  • Indian Ave. Wapping Rd Subdivision

Listing and Financial Details

  • Tax Lot 3C
  • Assessor Parcel Number 260262OLDMILLLANEPORT

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,957

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.6891
  • Subdivision Name: INDIAN AVE. WAPPING RD
  • Above Grade Finished Sq Ft: 1568.0
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1973
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1568.0
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Shingle Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Carport, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Unknown
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 30019.0
  • Parcel #: 260262OLDMILLLANEPORT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3957.0
  • Tax Block: 0000
  • Tax Lot: 3C
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2012
Closed on
Jul 24, 2012
Sold by
Fhlmc
Bought by
Nedderman 3Rd William
Seller's Agent
Kenneth Olson
eXp Realty
Buyer's Agent
Jean Ingraham
Century 21 Topsail Realty
List Price
$253,900
Sold Price
$251,000
Premium/Discount to List
-$2,900
-1.14%
Current Estimated Value
$755,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,689
Avg. Annual Appreciation
8.76%
Original Mortgage
$240,834
Outstanding Balance
$69,814
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$685,875

Purchase Details

Closed on
Sep 18, 2001
Sold by
Raposa John H
Bought by
Hall Benjamin
Source: Public Records

Range of Values:

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Average Value
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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
Nedderman 3Rd William $251,000 --
Hall Benjamin $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Benjamin $240,834
Previous Owner Hall Benjamin $64,000
Previous Owner Hall Benjamin $236,000
Previous Owner Hall Benjamin $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2012 07/24/12 Sold $251,000 -1.1% $160 / Sq Ft
06/24/2012 06/24/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $253,900 -- $162 / 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 $6,072 $460,700 $224,600 $236,100
2023 $5,888 $460,700 $224,600 $236,100
2022 $5,054 $324,800 $195,700 $129,100
2021 $4,973 $324,800 $195,700 $129,100
2020 $4,895 $324,800 $195,700 $129,100
2019 $4,485 $273,500 $144,400 $129,100
2018 $4,368 $273,500 $144,400 $129,100
2017 $4,217 $273,500 $144,400 $129,100
2016 $4,397 $274,800 $152,900 $121,900
2015 $4,342 $274,800 $152,900 $121,900
2014 $4,184 $264,800 $152,900 $111,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kenneth Olson

    eXp Realty

    Section Image
  • Jean Ingraham

    Buyer's Agent in 2012

    Jean Ingraham

    Century 21 Topsail Realty

    (401) 640-5929

    16 in this area

    43 Total Sales

    Jean Ingraham
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1010692

State-Wide MLS

APN: PORT-000068-000000-000003C

Rhode Island Newport County Portsmouth 02871 South Portsmouth

260 Old Mill Ln Unit 262, Portsmouth, RI

This home is located at 260 Old Mill Ln Unit 262, Portsmouth, RI 02871 since 20 February 2012 and is currently estimated at $755,689, approximately $481 per square foot. This property was built in 1973. 260 Old Mill Ln Unit 262 is a home located in Newport County with nearby schools including Portsmouth High School, The Pennfield School, and St George's School.

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