NOT LISTED FOR SALE

391 Indian Ave Portsmouth, RI 02871

South Portsmouth Neighborhood

Estimated Value: $4,160,000 - $5,281,000

3 Beds
4.5 Baths
4,623 Sq Ft
$1,039/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $3,800,000 $822 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $29,526/month

382 Days on Market

Highlights

  • Beach Front
  • River Access
  • Cape Cod Architecture
  • Portsmouth High School Rated A-
  • 3 Acre Lot
  • Deck

About This Home

As of August 2021

Situated on three acres overlooking the Sakonnet River, this home offers privacy and serenity nestled along the river's coast line with beautiful outcroppings, lush landscaping and direct access to the water. The home was thoughtfully designed with easy flowing rooms, and offers primarily one-level living. One of the most unique features of the home is it's large living room with vaulted ceiling, acoustically designed to be used as a music room. The master ensuite bedroom looks south and east with phenomenal water views and private balcony. A total reconstruction of the house took place in 2013 which included, the master bedroom/bath, new roof, walls, Geothermal heating system, Central A/C, whole-house generator, and new plumbing and wiring.

Last Agent to Sell the Property

Ann Conner

Gustave White Sotheby's Realty License #REB.0010761 Listed on: 06/29/2020

Co-Listed By

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933

Last Buyer's Agent

Peter Rotelli

Philip Ryan Real Estate License #REB.0015144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,628

Year Built

  • Built in 1964

Lot Details

  • 3 Acre Lot
  • Beach Front
  • Property is zoned R40

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Security System Owned
  • Storm Doors

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • River Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Power Generator
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 391INDIANAVPORT

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Indian Ave Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,628

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Indian Ave
  • Above Grade Finished Sq Ft: 4099.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1964
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 524.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 4623.0
  • Dining Room Type: Bathroom, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, River Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Geothermal, Heat Pump
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 130680.0
  • Parcel #: 391INDIANAVPORT
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 30628.0
  • Tax Lot: 34
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 16, 2021
Sold by
Pease-Renner Barbara
Bought by
391 Indian Avenue Llc
Seller's Agent
Ann Conner
Gustave White Sotheby's Realty
Buyer's Agent
Peter Rotelli
Philip Ryan Real Estate
List Price
$3,900,000
Sold Price
$3,800,000
Premium/Discount to List
-$100,000
-2.56%
Current Estimated Value
$4,803,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,003,228
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
Aug 3, 2007
Sold by
Singsen Catherine S
Bought by
Pease-Renner Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.78%

Purchase Details

Closed on
Apr 6, 1998
Sold by
Weschler Thomas R and Weschler Katrina
Bought by
Renner Jack L and Renner Barbara
Source: Public Records

Range of Values:

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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
391 Indian Avenue Llc $3,800,000 None Available
Pease-Renner Barbara $800,000 --
Renner Jack L $740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Renner Barbara P $100,000
Previous Owner Renner Jack L $444,400
Previous Owner Renner Jack L $469,000
Previous Owner Renner Jack L $100,000
Previous Owner Renner Jack L $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $3,800,000 -2.6% $822 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
06/29/2020 06/29/20 For Sale $3,900,000 -- $844 / 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 $42,687 $3,238,800 $1,831,100 $1,407,700
2023 $41,392 $3,238,800 $1,831,100 $1,407,700
2022 $31,139 $2,001,200 $1,471,100 $530,100
2021 $30,638 $2,001,200 $1,471,100 $530,100
2020 $30,158 $2,001,200 $1,471,100 $530,100
2019 $32,900 $2,006,100 $1,523,700 $482,400
2018 $32,037 $2,006,100 $1,523,700 $482,400
2017 $30,934 $2,006,100 $1,523,700 $482,400
2016 $24,160 $1,510,000 $1,088,400 $421,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ann Conner

    Gustave White Sotheby's Realty

  • Tina Wiley

    Seller Co-Listing Agent in 2021

    Tina Wiley

    Gustave White Sotheby's Realty

    (401) 447-9609

    9 in this area

    51 Total Sales

    Tina Wiley
    Section Image

  • P

    Buyer's Agent in 2021

    Peter Rotelli

    Philip Ryan Real Estate

    (401) 559-1221

    1 in this area

    3 Total Sales

    Peter Rotelli
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1257569

State-Wide MLS

APN: PORT M:067 B:0034

Rhode Island Newport County Portsmouth 02871 South Portsmouth

391 Indian Ave, Portsmouth, RI

This home is located at 391 Indian Ave, Portsmouth, RI 02871 since 29 June 2020 and is currently estimated at $4,803,228, approximately $1,038 per square foot. This property was built in 1964. 391 Indian Ave is a home located in Newport County with nearby schools including Portsmouth High School.

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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