NOT LISTED FOR SALE

Estimated Value: $1,078,000 - $4,102,281

8 Acres
$367,564 Price per Acre
360,677 Sq Ft Lot

Last Sold October 04, 2021

Last sale price $3,250,000 $1,319 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $19,263/month

110 Days on Market

Highlights

  • Beach Access
  • 8.28 Acre Lot
  • Fenced
  • Portsmouth High School Rated A-

About This Lot

As of October 2021

One of the largest and most beautiful undeveloped waterfront parcels in Newport County. Over 8 acres of ocean view pastoral farmland and equestrian facilities. 668 feet of water frontage. Previously approved for a 6 lot subdivision. Handsome Stone Horse Barn with stables and carriage house. Picturesque private riding trails and secluded beach. 2 Moorings by right. Conduits for utilities on-site: Viessmann furnace, propane and electric .

Last Agent to Sell the Property

Kylie Mccollough

Mott & Chace Sotheby's Intl. License #RES.0042670 Listed on: 05/16/2021

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Amanda Nickerson Toste

Coastal Properties Group License #REB.0018857

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,612

Lot Details

  • 8.28 Acre Lot
  • Property fronts a private road
  • Fenced
  • Cleared Lot
  • Property is zoned R40

Home Design

  • Masonry

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 290FRANKCOELHODRPORT

Property Details

Property Type

Land

Est. Annual Taxes

$21,612

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 8.28
  • Road Frontage Type: Private Road
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Development, Multi-Family, Residential, Single Family

Exterior Features

  • Fencing: Fenced
  • Lot Features: Waterfront
  • Topography: Cleared
  • Waterfront Features: Beach Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Masonry

Utilities

  • Utilities: Municipal Utilities, Water Connected, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Near Schools
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 360639.0
  • Wooded Area: 5.0
  • Parcel #: 290FRANKCOELHODRPORT
  • Zoning Description: Residential
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 21612.0
  • Tax Lot: 13
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
Oct 22, 2021
Sold by
Ocean & Acres Llc
Bought by
Glen Ridge Llc
Seller's Agent
Kylie Mccollough
Mott & Chace Sotheby's Intl.
Buyer's Agent
Amanda Nickerson Toste
Coastal Properties Group
List Price
$3,450,000
Sold Price
$3,250,000
Premium/Discount to List
-$200,000
-5.8%
Current Estimated Value
$2,976,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$273,421
Avg. Annual Appreciation
-1.69%

Purchase Details

Listed on
May 16, 2021
Closed on
Oct 4, 2021
Sold by
Tarsagian Kevin B
Bought by
Ocean & Acres Llc
Seller's Agent
Kylie Mccollough
Mott & Chace Sotheby's Intl.
Buyer's Agent
Amanda Nickerson Toste
Coastal Properties Group
List Price
$3,450,000
Sold Price
$3,250,000
Premium/Discount to List
-$200,000
-5.8%

Purchase Details

Closed on
Jul 21, 2011
Sold by
Tarsagian Kevin B
Bought by
Tarsagian Kevin B
Source: Public Records

Range of Values:

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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
Glen Ridge Llc -- None Available
Ocean & Acres Llc $3,250,000 None Available
Tarsagian Kevin B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glen Ridge Llc $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $3,250,000 -5.8% $1,319 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $3,450,000 -- $1,400 / 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 $36,524 $2,771,200 $2,088,900 $682,300
2023 $35,416 $2,771,200 $2,088,900 $682,300
2022 $30,876 $1,984,300 $1,373,600 $610,700
2021 $30,380 $1,984,300 $1,373,600 $610,700
2020 $29,903 $1,984,300 $1,373,600 $610,700
2019 $18,001 $1,097,600 $668,600 $429,000
2018 $17,529 $1,097,600 $668,600 $429,000
2017 $16,925 $1,097,600 $668,600 $429,000
2016 $18,077 $1,129,800 $707,900 $421,900
2015 $17,851 $1,129,800 $707,900 $421,900
2014 $17,851 $1,129,800 $707,900 $421,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1282881

State-Wide MLS

APN: PORT-000059-000000-000013