NOT LISTED FOR SALE

42 Lepes Rd Portsmouth, RI 02871

Estimated Value: $901,000 - $1,044,000

3 Beds
2.5 Baths
3,096 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $875,000 $283 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,998/month

51 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Attached Garage
  • Central Air
  • Portsmouth High School Rated A-
  • Ceramic Tile Flooring
  • Baseboard Heating

About This Home

As of May 2024

Seller says sell it this weekend! Master Bath is being refreshed as we speak!(no pics available yet) This meticulously maintained home offers a perfect blend of modern comforts and coastal elegance, making it an ideal sanctuary for those seeking tranquility and convenience. As you step inside, you are greeted by an inviting ambiance filled with natural light and coastal vibes. The home boasts over $50k in recent updates, all-new AC components(inside & out), new boiler & zone valves, and hot water tank; providing peace of mind and efficiency for years to come. This residence exudes timeless appeal, with its exterior having been tastefully painted in 2023, adding to its curb appeal and ensuring lasting beauty. Situated on a serene street, the home offers stunning views of the bay, providing a daily reminder of the beauty of coastal living. One of the highlights of this property is the bonus room above the garage, offering versatile space that can be tailored to suit your needs. Another highlight is an enormous composite deck spanning the length of the home. Convenience is key with a spacious 2-car garage, providing ample storage and parking space for vehicles and outdoor gear. Seamlessly blending comfort, style, and functionality, 42 Lepes Road presents a rare opportunity to own a piece of coastal paradise in Portsmouth, RI. All this for UNDER $300/sq ft! Don't miss your chance to make this exceptional property your own schedule a showing today!

Last Agent to Sell the Property

Jeremy Bailey

SkyView Realty License #REB.0019032 Listed on: 03/22/2024

Last Buyer's Agent

Jeff Brooks

Hogan Associates Christie's License #RES.0034174

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,024

Year Built

  • Built in 1986

Lot Details

  • 0.78 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Septic Tank

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 42LEPESRDPORT

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,024

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.78
  • Above Grade Finished Sq Ft: 3096.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 3096.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33977.0
  • Parcel #: 42LEPESRDPORT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8024.0
  • Tax Lot: 61
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 31, 2024
Sold by
Belezarian David E
Bought by
Silvia Maxwell and Dam-Silvia Connie
Seller's Agent
Jeremy Bailey
SkyView Realty
Buyer's Agent
Jeff Brooks
Hogan Associates Christie's
List Price
$925,000
Sold Price
$875,000
Premium/Discount to List
-$50,000
-5.41%
Views
125
Current Estimated Value
$975,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,966
Avg. Annual Appreciation
8.88%
Original Mortgage
$743,750
Outstanding Balance
$735,052
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,180

Purchase Details

Listed on
Jul 20, 2012
Closed on
Feb 21, 2013
Sold by
Sullivan John M
Bought by
Belezarian David E
Seller's Agent
Trish Gray
Century 21 Topsail Realty
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$469,000
Sold Price
$425,000
Premium/Discount to List
-$44,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$340,000
Interest Rate
3.44%
Mortgage Type
New Conventional
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
Silvia Maxwell $875,000 None Available
Silvia Maxwell $875,000 None Available
Belezarian David E $425,000 --
Belezarian David E $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvia Maxwell $743,750
Closed Silvia Maxwell $743,750
Previous Owner Sullivan John M $340,000
Previous Owner Sullivan John M $150,000
Previous Owner Sullivan John M $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $875,000 -1.1% $283 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $885,000 -4.3% $286 / Sq Ft
03/22/2024 03/22/24 For Sale $925,000 +117.6% $299 / Sq Ft
02/21/2013 02/21/13 Sold $425,000 -9.4% $170 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
07/20/2012 07/20/12 For Sale $469,000 -- $187 / 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 $8,276 $627,900 $214,800 $413,100
2023 $8,025 $627,900 $214,800 $413,100
2022 $7,550 $485,200 $187,800 $297,400
2021 $7,428 $485,200 $187,800 $297,400
2020 $7,312 $485,200 $187,800 $297,400
2019 $7,477 $455,900 $155,200 $300,700
2018 $7,281 $455,900 $155,200 $300,700
2017 $7,030 $455,900 $155,200 $300,700
2016 $6,674 $417,100 $160,600 $256,500
2015 $6,590 $417,100 $160,600 $256,500
2014 $6,590 $417,100 $160,600 $256,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1355257

State-Wide MLS

APN: PORT-000042-000000-000061