StatusAccepting Backup Offers (Active Under Contract)
About 109 Redwood Rd
Charming three bedroom Raised Ranch located in the desirable Redwood Farms neighborhood of Portsmouth. This home features a freshly painted interior, creating a bright and inviting atmosphere throughout. The living room boasts a cozy fireplace, perfect for relaxing evenings. The partially finished lower level offers additional living space, ideal for a home office, playroom, or extra storage. Complete with a two-car garage currently being used for additional storage and set on a well-maintained lot, this property provides a wonderful opportunity to enjoy life in a peaceful setting. Conveniently located just minutes from Newport, the Naval Base, and area amenities, this home combines comfort and convenience in a sought-after location.
Property Details
Property Features
Property Information:
Architectural Style: Raised Ranch
Year Built: 1960
Living Area: 1,704 SqFt
Listing Office:
Office Name: Keller Williams Coastal
Office Phone: (401) 845-9200
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Basement: Yes
Flooring Type: Carpet, Hardwood, Vinyl
Interior: Attic, Tub Shower, Cable TV
Fireplace: Masonry
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Attached Garage: Yes
Parking: Attached, Garage
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.26 Acres
Utilities
Utilities Information:
Heating: Forced Air, Oil
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $525,000
Price Per SqFt: $308/SqFt
Tax Information:
Annual Amount: $5,089
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Portsmouth, RI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,688
Per Month
Principal & Interest
$2,621
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,640
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Melville Elementary School
1351 W Main Rd
Distance between this listing and this school1.88 miles
Public District Grades KG-4
5
/10
Joseph Gaudet Academy
1113 Aquidneck Ave
Distance between this listing and this school2.90 miles
Public District Grades 4-4
4
/10
Claiborne Pell Elementary School
35 Dexter St
Distance between this listing and this school3.66 miles
Public District Grades PK-4
Nearby Schools
8
/10
Portsmouth Middle School
125 Jepson Ln
Distance between this listing and this school0.46 miles
Public District Grades 5-8
8
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school2.90 miles
Public District Grades 5-8
3
/10
Frank E. Thompson Middle School
55 Dr Marcus Wheatland Blvd
Distance between this listing and this school4.84 miles
Public District Grades 5-8
Nearby Schools
4
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school2.93 miles
Public District Grades 9-12
7
/10
Portsmouth High School
120 Education Ln
Distance between this listing and this school4.21 miles
Public District Grades 9-12
3
/10
Rogers High School
15 Wickham Rd
Distance between this listing and this school6.53 miles
The neighbors living near this home have an average income of $76,225. Residents of Portsmouth, RI typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Portsmouth, RI
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Portsmouth, RI?
Portsmouth's housing market is characterized by a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with colonial, ranch, and Cape Cod homes dotting the landscape. The market is balanced with a mix of older homes that reflect the town's historical roots and newer constructions that offer modern amenities. While the exact homeownership rate is not specified, the market suggests a healthy balance between owned and rented properties.
Is Portsmouth, RI a good place to live?
Portsmouth is known for its serene coastal charm and strong sense of community. The town prides itself on its rich history and natural beauty, with numerous parks and public spaces that encourage outdoor activities. Annual events and local traditions are a testament to the town's cultural vitality and community engagement.
Are things conveniently located in Portsmouth, RI?
The community is served by a range of educational institutions, including public and private schools that cater to various educational needs. Healthcare services are accessible, with facilities providing primary care and specialized treatments. The public library system supports lifelong learning and community activities. Retail and dining options reflect the local culture, offering a blend of traditional New England fare and contemporary cuisine.
What does the transportation in Portsmouth, RI look like?
Transportation in Portsmouth includes a network of roads that connect residents to nearby cities and amenities. Public transit options are available, with schedules that accommodate the commuting patterns of residents. The town also supports alternative transportation methods, such as biking and walking, with certain areas designed to be particularly pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area.
Frequently Asked Questions About 109 Redwood Rd
What is the listing price of this property?
The listing price of 109 Redwood Rd property is $525,000.
What type of property is this?
The property 109 Redwood Rd is a house located in Portsmouth, Rhode Island, 02871.
Is this property for sale now?
Accepting Backup Offers: 109 Redwood Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,089 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 17, 1998 for $149,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 109 Redwood Rd has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 109 Redwood Rd is 1,704 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 109 Redwood Rd is 1960.
This home is located at 109 Redwood Rd in Portsmouth, RI and zip code 02871. This 1,704 square foot home, which was built in 1960, sits on a 0.26 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $525,000.
Portsmouth, RI housing market in November 2024 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 1 sold below. The number of homes for sale in Portsmouth, RI decreased by 12.6% between October 2024 and November 2024. In November 2024 median list price was $659,000 and the average listing age was 15 days.
From Rocket Homes Real Estate and based on county public records data.