5 months on rocket

386 Park Ave, Portsmouth, RI, 02871

$2,100,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
5 Full Baths
3,600 SqFt
$583/SqFt
House

Location

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386 Park Ave, Portsmouth$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached GarageYes
Year BuiltNew Const., 2024
HeatingCentral, Electric, Heat Pump, Propane
CoolingHeat Pump, Central Air
WaterfrontBeach, Ocean Front, Waterfront
FireplaceNone
ViewWater
MLS #1360133
Lot Size0.16 Acres
StatusActive

About 386 Park Ave

Welcome to ocean mist in Island Park. This new construction is almost complete. This home offers 3 levels incredible scenic water views. There are 4 bedrooms and 5 full bathrooms. The 2nd and 3rd floors have their own private decks with water views. It also boasts a 1200 sqft rooftop deck with great panoramic views. What a great space to entertain! This is still an active construction site. More pictures to come. Now is the time to pick your colors!! This home offers so much including Shiplap Coffer ceilings and custom-built bookcases. The hardwood flooring will be complete this week. Taxes and tax assessment to be re-evaluated after home is completed.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 3
  • Living Area: 3,600 SqFt

Listing Office:

  • Office Name: Century 21 Topsail Realty
  • Office Phone: (401) 683-4900

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Water Heater
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Bathtub, Stall Shower, Tub Shower, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front, Waterfront
  • View: Water

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage

Virtual/3D Tour

  • Virtual Tour: 386 Park Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump, Propane
  • Cooling: Heat Pump, Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $583/SqFt

Tax Information:

  • Annual Amount: $3,033
  • 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

$651.6K

Med. Price/SqFt

$364

Avg. Days On Market

42

# of Sold Homes

21

386 Park Ave vs Portsmouth

173 DAYS ON ROCKET

+131 Days

$2,100,000

+$1.4M More

$583/SqFt

+$218 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $218/SqFt more than other homes in Portsmouth, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1360133

Listing Office:

  • Office Name: Century 21 Topsail Realty
  • Office Phone: (401) 683-4900

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: 11/17/2024, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,033$198,100
2020$2,985$198,100
2019$2,007$122,400
2018$1,955$122,400
2017$1,887$122,400

History based on county public records data.

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$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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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-610576
10
/10

  • Hathaway Elementary School

  • 53 Tallman Ave

  • 0.78 miles

  • Public District Grades KG-4

school-card-donut-610577
6
/10

  • Fort Barton Elementary School

  • 99 Lawton Ave

  • 1.16 miles

  • Public District Grades KG-4

school-card-donut-610578
9
/10

  • Melville Elementary School

  • 1351 W Main Rd

  • 3.40 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,691. Typical income of Portsmouth, RI residents is between $35k-100k annually. The majority of families are single, no 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 386 Park Ave

What is the listing price of this property?

The listing price of 386 Park Ave property is $2,100,000.

What type of property is this?

The property 386 Park Ave is a house located in Portsmouth, Rhode Island, 02871.

Is this property for sale now?

Active Listing: 386 Park Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,033 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 386 Park Ave has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 386 Park Ave is 3,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 386 Park Ave is 2024.

Rocket Homes›Rhode Island›Newport County›Portsmouth›02871›386 Park Ave

This home is located at 386 Park Ave in Portsmouth, RI and zip code 02871. This 3,600 square foot home, which was built in 2024, sits on a 0.16 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $2,100,000.

While more than 6 listings in Portsmouth, RI in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 11 were sold below. The number of homes for sale in Portsmouth, RI increased by 7.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $651,666, while the average time on the real estate market was 42 days.

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

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