Seller's Agent in 2025
Michael Koster
eXp Realty
(401) 645-4510
1 in this area
9 Total Sales
55 Ormerod Ave Portsmouth, RI 02871
Island Park Neighborhood
1
Bed
1
Bath
770
Sq Ft
3,049
Sq Ft Lot
Highlights
- 1 Car Detached Garage
- Ductless Heating Or Cooling System
- Heat Pump System
- Portsmouth High School Rated A-
- Vinyl Flooring
- 4-minute walk to Island Park Beach
About This Home
As of October 2025Fully renovated from top to bottom, this 1-bedroom, 1-bath home offers modern efficiency just one block from the beach in Portsmouth's desirable Island Park neighborhood. Updates include new electrical and plumbing systems, a brand-new septic system, and energy-efficient mini splits providing year-round heating and cooling. A one-car garage adds valuable storage and convenience scarce this close to the shore. Enjoy partial water views from the second floor and the charm of a low-maintenance coastal lifestyle. Located near a variety of waterfront dining options and local amenities, the home offers easy access to everything you need whether you're heading out for coffee, enjoying dinner by the bay, or relaxing by the water. Ideal as a full-time residence, weekend retreat, or investment opportunity, 55 Ormerod Avenue combines thoughtful upgrades with a prime seaside location in one of Portsmouth's most established coastal communities.
Last Agent to Sell the Property
eXp Realty License #RES.0046769 Listed on: 09/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,821
Year Built
- Built in 1935
Lot Details
- 3,049 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 770 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
- 100 Amp Service
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 76
- Assessor Parcel Number 55ORMERODAVPORT
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2025
Closed on
Oct 31, 2025
Sold by
Rivera Properties Llc
Bought by
Gavin Casey
Seller's Agent
Michael Koster
eXp Realty
Buyer's Agent
Michael Koster
eXp Realty
List Price
$375,000
Sold Price
$375,000
Views
15
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
-$9,930
Avg. Annual Appreciation
-9.81%
Original Mortgage
$337,500
Outstanding Balance
$336,536
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$28,534
Purchase Details
Closed on
Sep 27, 2024
Sold by
Silvia George
Bought by
River Properties Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | -- | |
| Warranty Deed | $93,350 | None Available | |
| Warranty Deed | $93,350 | None Available | |
| Executors Deed | $46,660 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $337,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Sold | $375,000 | 0.0% | $487 / Sq Ft |
| 09/04/2025 09/04/25 | For Sale | $375,000 | -- | $487 / Sq Ft |
Source: State-Wide MLS
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 |
|---|---|---|---|---|
| 2025 | $2,821 | $212,400 | $111,200 | $101,200 |
| 2024 | $2,799 | $212,400 | $111,200 | $101,200 |
| 2023 | $2,714 | $212,400 | $111,200 | $101,200 |
| 2022 | $2,460 | $158,100 | $80,000 | $78,100 |
| 2021 | $2,421 | $158,100 | $80,000 | $78,100 |
| 2020 | $2,383 | $158,100 | $80,000 | $78,100 |
| 2019 | $2,048 | $124,900 | $49,400 | $75,500 |
| 2018 | $1,995 | $124,900 | $49,400 | $75,500 |
| 2017 | $1,926 | $124,900 | $49,400 | $75,500 |
| 2016 | $1,930 | $120,600 | $52,000 | $68,600 |
| 2015 | $1,905 | $120,600 | $52,000 | $68,600 |
| 2014 | $1,905 | $120,600 | $52,000 | $68,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Koster
Map
Source: State-Wide MLS
MLS Number: 1394283
APN: PORT-000020-000000-000076
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