Seller's Agent in 2022
The Mathew J Arruda Group
Compass
(508) 965-8683
1 in this area
360 Total Sales
82 Norwood Ave Portsmouth, RI 02871
Common Fence Point NeighborhoodEstimated Value: $494,000 - $724,000
2
Beds
1
Bath
1,257
Sq Ft
$462/Sq Ft
Est. Value
Highlights
- Beach Access
- Golf Course Community
- Cottage
- Portsmouth High School Rated A-
- Wood Flooring
- 4-minute walk to Common Fence Point Playground
About This Home
As of September 2022Quintessential Coastal Cottage Located in the picturesque Common Fence Point community in Portsmouth, this fantastic home serves as a lovely seasonal getaway or a reliable year-round residence. Wonderfully maintained and updated, the home offers two great sized bedrooms along with a finished lower level with additional living space. Recent updates include new composite decking on front, back and side porches, custom blinds throughout & a newer roof. Common Fence Point is a waterfront community nestled between Mount Hope Bay and Sakonnet Point promoting arts and wellness and offers year-round events, concerts, classes, a community center along with playgrounds and a beach. The community is also located near a marina for all of your boating needs. The home is perfectly located just off of Route 24 at only 12 miles from Newport, 25 miles from Providence, & 60 miles from Boston. Enjoy all that this community has to offer - kayaking, swimming, boating, and so much more.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,852
Year Built
- Built in 1993
Lot Details
- 3,786 Sq Ft Lot
- Property is zoned R10
Home Design
- Cottage
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Skylights
- Living Room
- Home Office
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Beach Access
Utilities
- Ductless Heating Or Cooling System
- Central Air
- Heating System Uses Oil
- Baseboard Heating
- Tankless Water Heater
- Oil Water Heater
- Septic Tank
Listing and Financial Details
- Legal Lot and Block 001 / 276
- Assessor Parcel Number 82NORWOODAVPORT
Community Details
Overview
- Common Fence Point Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2022
Closed on
Sep 6, 2022
Sold by
Sheridan Gregory R
Bought by
Corseri Michael A and Peters Alexis L
Seller's Agent
The Mathew J Arruda Group
Compass
Buyer's Agent
Michele Peters
Compass
List Price
$419,900
Sold Price
$470,000
Premium/Discount to List
$50,100
11.93%
Views
34
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
$111,273
Avg. Annual Appreciation
6.84%
Original Mortgage
$376,000
Outstanding Balance
$359,076
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$222,197
Purchase Details
Closed on
Nov 16, 1995
Sold by
Assoc Relocation Mgmt
Bought by
Sheridan Gregory R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 3, 1995
Sold by
Owens Daniel P
Bought by
Assoc Relocation Mgmt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 21, 1993
Sold by
Raynham Ave Dev Corp
Bought by
Owens Daniel P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
7.03%
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 |
|---|---|---|---|
| Corseri Michael A | $470,000 | None Available | |
| Sheridan Gregory R | $107,000 | -- | |
| Assoc Relocation Mgmt | $122,500 | -- | |
| Owens Daniel P | $119,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Corseri Michael A | $376,000 | |
| Previous Owner | Owens Daniel P | $80,468 | |
| Previous Owner | Owens Daniel P | $82,000 | |
| Previous Owner | Owens Daniel P | $85,500 | |
| Previous Owner | Owens Daniel P | $88,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2022 09/06/22 | Sold | $470,000 | +11.9% | $374 / Sq Ft |
| 08/11/2022 08/11/22 | Pending | -- | -- | -- |
| 08/02/2022 08/02/22 | For Sale | $419,900 | -- | $334 / 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 |
|---|---|---|---|---|
| 2025 | $5,235 | $394,200 | $134,100 | $260,100 |
| 2024 | $5,196 | $394,200 | $134,100 | $260,100 |
| 2023 | $5,038 | $394,200 | $134,100 | $260,100 |
| 2022 | $3,915 | $251,600 | $98,600 | $153,000 |
| 2021 | $3,852 | $251,600 | $98,600 | $153,000 |
| 2020 | $3,792 | $251,600 | $98,600 | $153,000 |
| 2019 | $3,623 | $220,900 | $73,800 | $147,100 |
| 2018 | $3,528 | $220,900 | $73,800 | $147,100 |
| 2017 | $3,406 | $220,900 | $73,800 | $147,100 |
| 2016 | $2,941 | $183,800 | $68,500 | $115,300 |
| 2015 | $2,904 | $183,800 | $68,500 | $115,300 |
| 2014 | $2,904 | $183,800 | $68,500 | $115,300 |
Source: Public Records
Agents Affiliated with this Home
-
The Mathew J Arruda Group
-
Mathew Arruda
Seller Co-Listing Agent in 2022
Mathew Arruda
Compass
(508) 965-8683
1 in this area
164 Total Sales
-
Michele Peters
M
Buyer's Agent in 2022
Michele Peters
Compass
(860) 884-3084
1 in this area
38 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1316595
APN: PORT-000004-000000-000276
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