Seller's Agent in 2023
David Durot
Century 21 Topsail Realty
(508) 951-4356
1 in this area
27 Total Sales
48 Park Ave Portsmouth, RI 02871
Portsmouth Park NeighborhoodEstimated Value: $903,000 - $1,036,000
4
Beds
3.5
Baths
2,634
Sq Ft
$364/Sq Ft
Est. Value
Highlights
- Marina
- Water Views
- Golf Course Community
- Portsmouth High School Rated A-
- Beach Access
- 0.98 Acre Lot
About This Home
As of March 2023Welcome to the ELM Farmhouse in the desirable community of Island Park. Th s meticulously maintained 4-bedroom, 3 1/2-bathroom home is sited on a .98-acre lot with great seasonal water views and exquisite stone walls. Features include an oversized 2 car attached garage, that enters into the heated 4 season room, large windows facing the back yard. A galley style kitchen w/granite countertop and a propane insert fireplace and incredible wide plank pine floors, w/ a good size pantry. Dining room has beautiful built-in shelves, w/ storage and the original fireplace. The living room offers seasonal water views, located adjacent to the den with the 2nd working fireplace, with a propane insert. Entering the 2nd floor, 2 bedrooms with a shared bathroom & lots of closet space. The Master bedroom suite, nice size closets and incredible seasonal water views. The 3rd floor offers the fourth bedroom with a private bathroom as well. The property has 2 outbuildings, one has been used as a potting shed and the other can be for storage/workshop or an artist studio. The 20x20 brick patio is a great place for your fire pit for those perfect evenings relaxing. All new windows installed in 2014 and roof in 2006. Must see this exquisite home!
Last Agent to Sell the Property
Century 21 Topsail Realty License #RES.0043296 Listed on: 02/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,180
Year Built
- Built in 1760
Lot Details
- 0.98 Acre Lot
- Corner Lot
- Wooded Lot
- Property is zoned R-20
Parking
- 2 Car Attached Garage
Home Design
- Colonial Architecture
- Brick Foundation
- Stone Foundation
- Clapboard
- Plaster
Interior Spaces
- 2,634 Sq Ft Home
- 3-Story Property
- Skylights
- 4 Fireplaces
- Self Contained Fireplace Unit Or Insert
- Fireplace Features Masonry
- Gas Fireplace
- Thermal Windows
- Water Views
- Attic
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Interior and Exterior Basement Entry
Home Security
- Security System Owned
- Storm Doors
Outdoor Features
- Beach Access
- Walking Distance to Water
- Deck
- Outdoor Grill
- Porch
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Propane
- Baseboard Heating
- 200+ Amp Service
- Oil Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 55 / 24
- Assessor Parcel Number 48PARKAVPORT
Community Details
Overview
- Island Park Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2023
Closed on
Mar 29, 2023
Sold by
David F Chandler Ret
Bought by
Schmidt Zachary T and Schmidt Nicole
Seller's Agent
David Durot
Century 21 Topsail Realty
Buyer's Agent
Dina Karousos
Gustave White Sotheby's Realty
List Price
$725,000
Sold Price
$801,000
Premium/Discount to List
$76,000
10.48%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,694
Avg. Annual Appreciation
4.90%
Original Mortgage
$654,550
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 19, 2014
Sold by
Chandler David F
Bought by
David F Chandler Ret
Purchase Details
Closed on
Feb 28, 1989
Sold by
Cross Country Homes
Bought by
Chandler David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
10.75%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schmidt Zachary T | $801,000 | None Available | |
| David F Chandler Ret | -- | -- | |
| Chandler David | $275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schmidt Zachary T | $659,800 | |
| Closed | Schmidt Zachary T | $654,550 | |
| Previous Owner | David F Chandler Ret | $196,128 | |
| Previous Owner | Chandler David | $90,000 | |
| Previous Owner | Chandler David | $156,275 | |
| Previous Owner | Chandler David | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2023 03/29/23 | Sold | $801,000 | +10.5% | $304 / Sq Ft |
| 02/27/2023 02/27/23 | Pending | -- | -- | -- |
| 02/24/2023 02/24/23 | For Sale | $725,000 | -- | $275 / Sq Ft |
Source: State-Wide MLS
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 | $8,521 | $646,500 | $194,800 | $451,700 |
| 2023 | $8,262 | $646,500 | $194,800 | $451,700 |
| 2022 | $6,400 | $411,300 | $165,900 | $245,400 |
| 2021 | $6,297 | $411,300 | $165,900 | $245,400 |
| 2020 | $6,198 | $411,300 | $165,900 | $245,400 |
| 2019 | $7,539 | $459,700 | $125,000 | $334,700 |
| 2018 | $7,341 | $459,700 | $125,000 | $334,700 |
| 2017 | $7,089 | $459,700 | $125,000 | $334,700 |
| 2016 | $6,176 | $386,000 | $116,100 | $269,900 |
| 2015 | $6,099 | $386,000 | $116,100 | $269,900 |
| 2014 | $6,099 | $386,000 | $116,100 | $269,900 |
Source: Public Records
Agents Affiliated with this Home
-
David Durot
-
Dina Karousos
Buyer's Agent in 2023
Dina Karousos
Gustave White Sotheby's Realty
(401) 849-3000
3 in this area
218 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1330321
APN: PORT-000024-000000-000055
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Nearby Homes
- 32 Seafare Ln
- 83 Valley Ln
- 12 Valley Ln
- 51 Pine St
- 62 Education Ln
- 18 Sunset Ln
- 0 Ridge Rd
- 17 North Dr
- 4 First St
- 0 Hillside Rd Unit 1387498
- 0 Hillside Rd Unit 1387497
- 386 Park Ave
- 230 Cedar Ave
- 330 Water St
- 0 S Harbor (10h) Dr S
- 38 Mitchell Rd
- 20 Borden Farm Rd
- 2951 E Main Rd Unit 5
- 2951 E Main Rd Unit 4
- 2951 E Main Rd Unit 3