Seller's Agent in 2022
Cathy Wicks
Hogan Associates Christie's
(401) 225-8555
11 in this area
71 Total Sales
38 Morningside Ln Portsmouth, RI 02871
Estimated Value: $1,455,000 - $1,573,929
5
Beds
3
Baths
2,992
Sq Ft
$501/Sq Ft
Est. Value
Highlights
- Marina
- Golf Course Community
- Property is near public transit
- Portsmouth High School Rated A-
- Waterfront
- Wood Flooring
About This Home
As of July 2022Morningside and Sunset. That would be your new address. 38 Morningside Lane is a 33978+ sq.ft. waterfront home on the Sakonnet River. East facing sunrises and West facing sunsets. Zoned Multi-Family, this 3-unit home has so many options for the future buyer. Originally built in the 1800's, the 3rd floor full attic will command amazing views if opened up for a rooftop deck.
Owned by the same family since 1966, this home has been maintained over the years. A new boiler was installed in 2022, there is a 6 Bedroom ISDS Septic System in place, Town Water and a well, the roof was replaced in 2015, electric sub panels installed in the 2 apartments and the windows were replaced.
The property is surrounded by mature landscaping on the North, South and West side and the waterfront is the focus on the East.
See MLS # 1307675 for single family information.
Last Agent to Sell the Property
Hogan Associates Christie's International Real Estate Listed on: 05/05/2022
Last Buyer's Agent
Hogan Associates Christie's International Real Estate Listed on: 05/05/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,428
Year Built
- Built in 1800
Lot Details
- 0.78 Acre Lot
- Waterfront
- Cleared Lot
- Garden
Home Design
- Triplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,992 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- 10 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Patio
- Outdoor Storage
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Private Water Source
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- Total Actual Rent $1,200
- Rent includes unit 3(heat water)
- Tax Lot 23
- Assessor Parcel Number 2214,375440
Community Details
Recreation
- Marina
- Golf Course Community
Building Details
- Operating Expense $20,758
- Net Operating Income $14,400
Additional Features
- 3 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 5, 2014
Sold by
Mare-Schulz Maria C
Bought by
Patterson Stacy and Landy Ross
Current Estimated Value
Purchase Details
Closed on
Jul 16, 2013
Sold by
William William A and William M T
Bought by
Dunn Stephen M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patterson Stacy | $271,000 | -- | |
| Dunn Stephen M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dunn Stephen M | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/05/2022 07/05/22 | Sold | $1,255,000 | 0.0% | $226 / Sq Ft |
| 07/05/2022 07/05/22 | Sold | $1,255,000 | +0.4% | $419 / Sq Ft |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- |
| 05/09/2022 05/09/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $1,250,000 | 0.0% | $418 / Sq Ft |
| 04/14/2022 04/14/22 | For Sale | $1,250,000 | -- | $225 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $14,047 | $1,065,800 | $629,800 | $436,000 |
| 2023 | $13,621 | $1,065,800 | $629,800 | $436,000 |
| 2022 | $11,619 | $746,700 | $549,400 | $197,300 |
| 2021 | $11,432 | $746,700 | $549,400 | $197,300 |
| 2020 | $11,253 | $746,700 | $549,400 | $197,300 |
| 2019 | $9,564 | $583,200 | $411,200 | $172,000 |
| 2018 | $9,314 | $583,200 | $411,200 | $172,000 |
| 2017 | $8,993 | $583,200 | $411,200 | $172,000 |
| 2016 | $9,051 | $565,700 | $385,500 | $180,200 |
| 2015 | $8,938 | $565,700 | $385,500 | $180,200 |
| 2014 | $8,938 | $565,700 | $385,500 | $180,200 |
Source: Public Records
Agents Affiliated with this Home
-
Cathy Wicks
-
Leslie Hogan
Seller's Agent in 2022
Leslie Hogan
Hogan Associates Christie's International Real Estate
(401) 845-9500
12 in this area
89 Total Sales
-
Gordon King
Buyer's Agent in 2022
Gordon King
Hogan Associates Christie's
(401) 924-1774
1 in this area
47 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72976689
APN: PORT-000029-000000-000093
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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