Daniel Cordeiro
Responds Quickly
Gustave White Sotheby's Realty
(844) 763-4116
17 Total Sales
1 in Island Park
$950,000 Price
49 Ormerod Ave Portsmouth, RI 02871
Island Park NeighborhoodEstimated Value: $475,000 - $534,000
2
Beds
1
Bath
1,479
Sq Ft
$335/Sq Ft
Est. Value
Highlights
- Marina
- Beach Access
- Wood Flooring
- Portsmouth High School Rated A-
- Golf Course Community
- 3-minute walk to Island Park Beach
About This Home
As of May 2020Great location in the Island Park neighborhood of Portsmouth!!! Perfect as a year round residence or a summer retreat! Less than a 1/4 mile walk to Teddy's Beach which boasts unobstructed views down the Sakonnet River out to the Atlantic Ocean, and Park Ave which features eateries, pubs, coffee shops, retail and restaurants. The 1100+ sq/ft balloon frame cottage sits on a 6500 sq/ft lot with a 2 bedroom septic system installed 2017. First floor features Eat-in Kitchen with peek-a-boo views of the water, Living Room with pellet stove, Full Bath, Office, Sun Room, and enclosed Porch. Head upstairs and choose the bedroom which best suits your needs as there are three rooms of varying sizes. The home is tied into town water and natural gas and new lines were run from the home to the street in 2017. Forced hot air and central AC. Move right in, renovate or build a new! This property offers a litany of options for buyers of all types.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,162
Year Built
- Built in 1930
Lot Details
- 6,534 Sq Ft Lot
- Fenced
- Property is zoned R10
Home Design
- Cottage
- Combination Foundation
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Utility Room
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Washer
Unfinished Basement
- Partial Basement
- Interior and Exterior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Beach Access
- River Access
- Walking Distance to Water
- Outbuilding
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Pellet Stove burns compressed wood to generate heat
- 100 Amp Service
- Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 77
- Assessor Parcel Number 49ORMERODAVPORT
Community Details
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Additional Features
- Island Park Subdivision
- Shops
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2019
Closed on
May 4, 2020
Sold by
Perry Raymond J
Bought by
Seller's Agent
Welchman Real Estate Group
Compass
Buyer's Agent
John Vitkevich
Keller Williams Coastal
List Price
$253,000
Sold Price
$230,000
Premium/Discount to List
-$23,000
-9.09%
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
$265,063
Avg. Annual Appreciation
12.92%
Original Mortgage
$184,000
Outstanding Balance
$160,463
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$334,600
Purchase Details
Closed on
Aug 20, 1980
Bought by
Perry Raymond J and Perry Karen
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Island Park, RI
-
Daniel Cordeiro
-
Melissa Neveux
Melissa Neveux
Cote Partners Realty LLC
(401) 293-8380
37 Total Sales
1 in Island Park
$580,000 Price
-
Cindy Ferry
Cindy Ferry
Keller Williams South Watuppa
115 Total Sales
1 in Island Park
$1,250,000 Price
-
Michael Koster
Michael Koster
INNOVATE Real Estate
(401) 661-1242
10 Total Sales
1 in Island Park
$375,000 Price
-
Kenneth Mongeon
Kenneth Mongeon
Responds QuicklyKAM Realty
(774) 713-9417
130 Total Sales
2 in Island Park
$949,000 Price Range
-
Hilary Marshall
Hilary Marshall
Responds QuicklyRE/MAX Professionals
(401) 251-0560
26 Total Sales
1 in Island Park
$476,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $230,000 | None Available | ||
| Perry Raymond J | $40,800 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $184,000 | ||
| Previous Owner | Perry Raymond J | $118,700 | |
| Previous Owner | Perry Raymond J | $185,500 | |
| Closed | Perry Raymond | $165,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2020 05/06/20 | Sold | $230,000 | -9.1% | $156 / Sq Ft |
| 04/06/2020 04/06/20 | Pending | -- | -- | -- |
| 10/22/2019 10/22/19 | For Sale | $253,000 | -- | $171 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,539 | $341,800 | $153,100 | $188,700 |
| 2024 | $4,505 | $341,800 | $153,100 | $188,700 |
| 2023 | $4,368 | $341,800 | $153,100 | $188,700 |
| 2022 | $3,948 | $253,700 | $110,000 | $143,700 |
| 2021 | $3,884 | $253,700 | $110,000 | $143,700 |
| 2020 | $3,823 | $253,700 | $110,000 | $143,700 |
| 2019 | $3,247 | $198,000 | $67,900 | $130,100 |
| 2018 | $3,162 | $198,000 | $67,900 | $130,100 |
| 2017 | $3,053 | $198,000 | $67,900 | $130,100 |
| 2016 | $2,795 | $174,700 | $71,400 | $103,300 |
| 2015 | $2,760 | $174,700 | $71,400 | $103,300 |
| 2014 | $2,760 | $174,700 | $71,400 | $103,300 |
Source: Public Records
Agents Affiliated with this Home
-
Welchman Real Estate Group
WR
Seller's Agent in 2020
Welchman Real Estate Group
Compass
(401) 649-1915
42 Total Sales
-
Renee Welchman
Seller Co-Listing Agent in 2020
Renee Welchman
Compass
(401) 649-1915
80 Total Sales
-
John Vitkevich
JV
Buyer's Agent in 2020
John Vitkevich
Keller Williams Coastal
(401) 952-1953
5 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1239546
APN: PORT-000020-000000-000077
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