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Backup Offers

288 Mill Ln, Portsmouth, RI, 02871

$539,000

Home List Price

$6,401*

Closing Credit

3 Bedrooms
2 Full Baths
2,112 SqFt
$255/SqFt
House

Location

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288 Mill Ln, Portsmouth$539,000

Buyer Closing Credits

$6,401*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1970
HeatingBaseboard, Oil, Pellet Stove
CoolingNone
BasementYes
FireplaceInsert
MLS #1373405
Lot Size0.30 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 288 Mill Ln

Extremely spacious and well maintained oversized ranch. The .3 acre lot features a beautiful stonewall lined front yard and enjoys the privacy of being surrounded by 2.44 acres of vacant land. Enter the home via one of the spacious decks into an open floor plan between the kitchen, dining and living space. The large living room features a vaulted ceiling with exposed beams and a pellet stove. Rounding out the 1592 square foot first floor includes 3 bedrooms and a large bathroom. Downstairs you will find a partially finished, additional 1592 square feet of space for so many potential uses that walks out directly to the back yard. Other highlights include multiple sheds, new electrical service and panel, new hot water tank, and newer septic.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1970
  • Stories: 2
  • Living Area: 2,112 SqFt

Listing Office:

  • Office Name: Keller Williams Coastal
  • Office Phone: (401) 845-9200

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Water Heater, Range, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Bathtub
  • Fireplace: Insert

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch, Patio, Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Oil, Pellet Stove
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,000
  • Price Per SqFt: $255/SqFt

Tax Information:

  • Annual Amount: $4,699
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Portsmouth, RI.

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Portsmouth, RI

City

Med. Sold Price

$659K

Med. Price/SqFt

$365

Avg. Days On Market

15

# of Sold Homes

7

288 Mill Ln vs Portsmouth

30 DAYS ON ROCKET

+15 Days

$539,000

-$120K Less

$255/SqFt

-$111 Less

KEY TAKEAWAY

This property is $120K less than the Median Sold Price and $111/SqFt less than other homes in Portsmouth, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1373405

Listing Office:

  • Office Name: Keller Williams Coastal
  • Office Phone: (401) 845-9200

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 21, 2001Home Sold
$147,000
May 16, 1994Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,699$307,000
2020$4,626$307,000
2019$4,310$262,800
2018$4,197$262,800
2017$4,052$262,800

History based on county public records data.

Payment Calculator

$2,758

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,682

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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.

Nearby Schools

school-card-donut-678889
9
/10

  • Melville Elementary School

  • 1351 W Main Rd

  • 0.26 miles

  • Public District Grades KG-4

school-card-donut-678890
10
/10

  • Hathaway Elementary School

  • 53 Tallman Ave

  • 2.92 miles

  • Public District Grades KG-4

school-card-donut-678891
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 4.16 miles

  • Public District Grades 4-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,632. Most Portsmouth, RI residents have annual incomes between $35k-100k. The majority of families are married, with kids. The most common level of education of people living 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 288 Mill Ln

What is the listing price of this property?

The listing price of 288 Mill Ln property is $539,000.

What type of property is this?

The property 288 Mill Ln is a house located in Portsmouth, Rhode Island, 02871.

Is this property for sale now?

Accepting Backup Offers: 288 Mill Ln 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 $4,699 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 21, 2001 for $147,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 288 Mill Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 288 Mill Ln is 2,112 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 288 Mill Ln is 1970.

Rocket Homes›Rhode Island›Newport County›Portsmouth›02871›288 Mill Ln

This home is located at 288 Mill Ln in Portsmouth, RI and zip code 02871. This 2,112 square foot home, which was built in 1970, sits on a 0.30 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $539,000.

In November 2024 more than 4 listings in Portsmouth, RI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. The number of homes for sale in Portsmouth, RI decreased by 12.6% between October 2024 and November 2024. In November 2024, listings were on the market for 15 days. During the same period, the median list price in this real estate market was $659,000.

From Rocket Homes Real Estate and based on county public records data.

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