1 month on rocket

42 President Ave, Portsmouth, RI, 02871

$699,900

Home List Price

$8,311*

Closing Credit

4 Bedrooms
2 Full Baths
2,986 SqFt
$234/SqFt
House

Location

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42 President Ave, Portsmouth$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1950
HeatingBaseboard, Oil
CoolingWindow Unit(s)
BasementYes
WaterfrontBeach, Dock Access, Water Access, Waterfront
FireplaceStone
ViewWater
MLS #1372056
Lot Size0.23 Acres
StatusActive

About 42 President Ave

This meticulous 4 bedroom home is move in ready. Right near Island Park you will have water views of the Sakonnet River/Bay and a two minute walk to the beach and boat ramps. Boasting 1984 square feet of living space on the first floor and approximately 1000sf in the remodeled lower level with 2nd fireplace, its the perfect home for enjoying family time and entertaining. The sun splashed family room is accented with a cathedral ceiling, 4 skylights, a plethora of windows and tiled flooring. The cabinet packed granite kitchen provides plenty of space for preparing meals. The living room has a gorgeous stone fireplace, gleaming hard wood floors and all 4 bedrooms have hardwood with the main bedroom having a private full bath and walk in closet. An additional full bath completes the 1st floor. Outside you will find 2 composite decks, an outdoor shower, 1 yr young roof and septic system about 6 yrs. old. So many additional features make this home a must see. 1 yr AHS Home Warranty included. Accompanied showings only.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1950
  • Stories: 2
  • Living Area: 2,986 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (401) 333-0010

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Water Heater, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Skylights, Stall Shower, Tub Shower
  • Fireplace: Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach, Dock Access, Water Access, Waterfront
  • View: Water
  • Exterior: Deck

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Oil
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $234/SqFt

Tax Information:

  • Annual Amount: $5,551
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$659K

Med. Price/SqFt

$365

Avg. Days On Market

15

# of Sold Homes

7

42 President Ave vs Portsmouth

48 DAYS ON ROCKET

+33 Days

$699,900

+$40.9K More

$234/SqFt

-$132 Less

KEY TAKEAWAY

This property is $40.9K more than the Median Sold Price and $132/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: #1372056

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (401) 333-0010

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: 12/18/2024, 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

Jul 02, 2021Home Sold
$481,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,551$362,700
2020$5,466$362,700
2019$4,827$294,300
2018$4,700$294,300
2017$4,538$294,300

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-4483100
10
/10
  • Hathaway Elementary School

  • 53 Tallman Ave

  • 0.16 miles

  • Public District Grades KG-4

school-card-donut-4483101
6
/10
  • Fort Barton Elementary School

  • 99 Lawton Ave

  • 1.84 miles

  • Public District Grades KG-4

school-card-donut-4483102
9
/10
  • Melville Elementary School

  • 1351 W Main Rd

  • 2.85 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,321. Most Portsmouth, RI residents have annual incomes between $100k-200k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

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.

Types of housing 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.

What is it like to live in Portsmouth, RI?

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.

Is it easy to get around Portsmouth, RI without a car?

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.

Transportation in Portsmouth, RI.

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 42 President Ave

What is the listing price of this property?

The listing price of 42 President Ave property is $699,900.

What type of property is this?

The property 42 President Ave is a house located in Portsmouth, Rhode Island, 02871.

Is this property for sale now?

Active Listing: 42 President 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 $5,551 (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 2, 2021 for $481,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 42 President Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 42 President Ave is 2,986 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 42 President Ave is 1950.

Rocket Homes›Rhode Island›Newport County›Portsmouth›02871›42 President Ave

This home is located at 42 President Ave in Portsmouth, RI and zip code 02871. This 2,986 square foot home, which was built in 1950, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $699,900.

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. Between October 2024 and November 2024, Portsmouth, RI real estate market has seen decrease in the number of listings by 12.6%. The median list price of listings available in November 2024 was $659,000, while the average time on the real estate market was 15 days.

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

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