NOT LISTED FOR SALE

505 Water St Portsmouth, RI 02871

Portsmouth Park Neighborhood

Estimated Value: $1,100,000 - $1,296,000

3 Beds
2 Baths
2,316 Sq Ft
$503/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $540,000 $233 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,231/month

193 Days on Market

Highlights

  • Water Views
  • Water Access
  • 0.69 Acre Lot
  • Portsmouth High School Rated A-
  • Indoor Pool
  • Deck

About This Home

As of June 2018

Wow, look at those views! Unbelievable sweeping water views from this amazing A-frame home featuring 3 bedrooms and 2 bathrooms and almost 2400 square feet of living space. Large spacious deck perfect for entertaining, indoor pool, beautiful gardens all set on a 3/4 acre lot. Water access across the street. Pop your kayak in and enjoy all the benefits of living by the sea!

Last Agent to Sell the Property

Bridgette Soby

Mott & Chace Sotheby's Intl. License #RES.0029660 Listed on: 11/17/2017

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Tammy Bass / Simi Rush

Hogan Associates Christie's

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,577

Year Built

  • Built in 1974

Lot Details

  • 0.69 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,316 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Stone Fireplace
  • Water Views

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Intercom
  • Storm Doors

Outdoor Features

  • Indoor Pool
  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 505WATERSTPORT

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,577

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.6891
  • Above Grade Finished Sq Ft: 2316.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1974
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Other Equipment: Intercom
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower
  • Living Area: 2316.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Indoor
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Deck, Patio, Barbecue
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

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: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Pellet Stove
  • 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: 30019.0
  • Parcel #: 505WATERSTPORT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8577.0
  • Tax Lot: 86
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jun 29, 2018
Sold by
Vieira John
Bought by
Post Daniel R and Post Marissa N
Seller's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
Buyer's Agent
Tammy Bass / Simi Rush
Hogan Associates Christie's
List Price
$585,000
Sold Price
$540,000
Premium/Discount to List
-$45,000
-7.69%
Current Estimated Value
$1,165,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,306
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Apr 4, 1974
Bought by
Vieira John
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
Post Daniel R $540,000 --
Vieira John $14,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Post Daniel R $30,000
Previous Owner Vieira John $682,500
Previous Owner Vieira John $30,000
Previous Owner Vieira John $100,000
Previous Owner Vieira John $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $540,000 -7.7% $233 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $585,000 -- $253 / 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 $10,569 $801,900 $417,100 $384,800
2023 $10,239 $801,200 $417,100 $384,100
2022 $9,096 $584,600 $363,500 $221,100
2021 $8,950 $584,600 $363,500 $221,100
2020 $8,730 $579,300 $363,500 $215,800
2019 $8,792 $536,100 $305,800 $230,300
2018 $8,562 $536,100 $305,800 $230,300
2017 $8,267 $536,100 $305,800 $230,300
2016 $8,355 $522,200 $286,700 $235,500
2015 $8,251 $522,200 $286,700 $235,500
2014 $8,251 $522,200 $286,700 $235,500
Source: Public Records

Agents Affiliated with this Home

  • Bridgette Soby

    Seller's Agent in 2018

    Bridgette Soby

    Mott & Chace Sotheby's Intl.

    (401) 662-7969

    1 in this area

    114 Total Sales

    Bridgette Soby
    Section Image

  • T

    Buyer's Agent in 2018

    Tammy Bass / Simi Rush

    Hogan Associates Christie's

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1178132

State-Wide MLS

APN: PORT-000029-000000-000086A

Rhode Island Newport County Portsmouth 02871 Portsmouth Park

505 Water St, Portsmouth, RI

This home is located at 505 Water St, Portsmouth, RI 02871 since 17 November 2017 and is currently estimated at $1,165,306, approximately $503 per square foot. This property was built in 1974. 505 Water St is a home located in Newport County with nearby schools including Portsmouth High School, St. Philomena School of the Sacred Heart, and Our Lady of Mt. Carmel School.

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