NOT LISTED FOR SALE

285 E Main Rd Portsmouth, RI 02871

South Portsmouth Neighborhood

Estimated Value: $651,000 - $758,000

3 Beds
2 Baths
1,600 Sq Ft
$450/Sq Ft Est. Value

Highlights

  • Marina
  • Golf Course Community
  • Corner Lot
  • Portsmouth High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of December 2021

Well-maintained, large home located on the Portsmouth/Middletown line! This home has been updated with new granite countertops and breakfast nook, dimmable recessed lighting in the kitchen along with under-counter lighting, refinished hardwoods throughout and fresh paint everywhere. Both bathrooms have been updated with new vanities, new toilets, new flooring in the upstairs bath, and new shower-heads.
This home offers 1600 +/- Sq.Ft. of living space, although it feels larger. The first floor offers an all season porch, beautiful farmers porch, large double-parlor living room, formal dining room, a roomy kitchen with a breakfast nook, first floor laundry and a full bathroom with walk in shower stall. The second floor offers 3 bedrooms, a large hall closet and a full bathroom with a walk in shower stall. The central location of this property offers an easy commute to Newport Naval base, local shopping and dining and quick highway access to points north. The finishing touches are being done in preparation for December 1st availability. Annual or multi-year tenants. Tenant pays their own electric & oil (heat). Dogs considered on a case by case basis, no cats.

Last Agent to Rent the Property

Chris St. Peter

HomeSmart Professionals License #REB.0019629 Listed on: 11/28/2021

Last Renter's Agent

Teresa Ward

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,621

Year Built

  • 1907

Lot Details

  • 0.6

Home Design

  • 1,600 Sq Ft Home
  • Plaster

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Septic Tank

Additional Features

  • Laundry in unit
  • Corner Lot
  • Property near a hospital

Listing and Financial Details

  • Property Available on 12/1/21
  • 12 Month Lease Term
  • Assessor Parcel Number 285EASTMAINRDPORT

Community Details

Overview

  • No Home Owners Association
  • Sandy Point/Bramans Lane Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,621

Year Built

1907

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2021-12-01

Listing Details

  • Prop. Type: Residential Lease
  • Business Type: Other
  • Subdivision Name: Sandy Point/Bramans Lane
  • Above Grade Finished Sq Ft: 1600.0
  • Entry Level: 1
  • Garage Yn: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1907

Interior Features

  • Furnished: Unfurnished
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: First Floor Access,Private Entry,Second Floor Acce
  • Flooring: Hardwood, Laminate, Vinyl
  • Living Area: 1600.0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Laundry Facilities, Parking, Sewer, Snow Removal, Water
  • Association: No
  • Pets Allowed: Call, Negotiable, Yes

Lot Info

  • Parcel #: 285EASTMAINRDPORT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2019
Sold by
Banks James O and Banks Timothy O
Bought by
Banks Timothy O and Banks Gina
Current Estimated Value
$720,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$178,002
Interest Rate
3.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$491,310

Purchase Details

Closed on
Nov 22, 2005
Sold by
Chase Eleanor and Chase George
Bought by
Banks Timothy O and Banks James O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.07%
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
Banks Timothy O $38,000 --
Banks Timothy O $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Timothy O $200,000
Previous Owner Banks Timothy O $285,500
Previous Owner Banks Timothy O $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2021 11/28/21 For Rent $2,600 0.0% --
11/28/2021 11/28/21 Rented $2,600 -- --
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 $4,621 $350,600 $148,700 $201,900
2023 $4,481 $350,600 $148,700 $201,900
2022 $4,038 $259,500 $129,500 $130,000
2021 $3,973 $259,500 $129,500 $130,000
2020 $4,378 $290,500 $129,500 $161,000
2019 $4,018 $245,000 $84,200 $160,800
2018 $3,913 $245,000 $84,200 $160,800
2017 $3,778 $245,000 $84,200 $160,800
2016 $3,734 $233,400 $84,200 $149,200
2015 $3,688 $233,400 $84,200 $149,200
2014 $3,688 $233,400 $84,200 $149,200
Source: Public Records

Agents Affiliated with this Home

  • Chris St. Peter

    Landlord's Agent in 2021

    Chris St. Peter

    HomeSmart Professionals

    (401) 418-1171

    20 Total Sales

    Chris St. Peter
    Section Image

  • T

    Tenant's Agent in 2021

    Teresa Ward

  • T

    Tenant's Agent in 2021

    Terri Ward

    Harborside Realty

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1299225

State-Wide MLS

APN: PORT-000064-000000-000025

Rhode Island Newport County Portsmouth 02871 South Portsmouth

285 E Main Rd, Portsmouth, RI

This home is located at 285 E Main Rd, Portsmouth, RI 02871 since 28 November 2021 and is currently priced at $720,553. This property was built in 1907. 285 E Main Rd is a home located in Newport County with nearby schools including Portsmouth High School, The Pennfield School, and All Saints STEAM Academy.

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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