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Backup Offers

85 Sherwood Ter, Portsmouth, RI, 02871

$600,000

Home List Price

$7,125*

Closing Credit

3 Bedrooms
2 Full Baths
1,414 SqFt
$424/SqFt
House
Schools Nearby

Location

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85 Sherwood Ter, Portsmouth$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1964
HeatingBaseboard, Other
CoolingNone
BasementYes
FireplaceNone
MLS #1358665
Lot Size0.32 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 85 Sherwood Ter

Welcome to 85 Sherwood Terrace! Located in one of Portsmouth's most desirable neighborhoods is this newly renovated home. This gorgeous home features a brand new kitchen with shaker cabinets, quartz counters, recessed lighting and stainless appliances, renovated bathrooms, freshly painted interior from top to bottom, GLEAMING hardwood floors, new flooring throughout the rest of the home, the list could go on! Enjoy low maintenance with a BRAND NEW roof, vinyl siding, vinyl replacement windows, new high efficiency heating system, and updated electrical. Very close to McCorrie Point Beach and just 5 minutes from Route 24. This house has so much to offer at an incredible price, all that's left to do is move in. Seller paying for a 1 yr home warranty from American Home Shield if u close in 30 days or less.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1964
  • Stories: 2
  • Living Area: 1,414 SqFt

Listing Office:

  • Office Name: Multi State Realty
  • Office Phone: (401) 335-0705

Interior Features

Interior Information:

  • Appliances: Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Laminate
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Other
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $424/SqFt

Tax Information:

  • Annual Amount: $3,964
  • 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

$650K

Med. Price/SqFt

$346

Avg. Days On Market

54

# of Sold Homes

14

85 Sherwood Ter vs Portsmouth

11 DAYS ON ROCKET

-43 Days

$600,000

-$50K Less

$424/SqFt

+$78 More

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $78/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: #1358665

Listing Office:

  • Office Name: Multi State Realty
  • Office Phone: (401) 335-0705

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: 5/20/2024, 4:20:33 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$3,964$275,400
2020$4,150$275,400
2019$4,000$243,900
2018$3,895$243,900
2017$3,761$243,900

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-4353868
9
/10

  • Melville School

  • 1351 W Main Rd

  • 1.21 miles

  • Public District Grades PK-3

school-card-donut-4353869
10
/10

  • Howard Hathaway School

  • 53 Tallman Ave

  • 2.71 miles

  • Public District Grades KG-3

school-card-donut-4353870
6
/10

  • Fort Barton School

  • 99 Lawton Ave

  • 3.84 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $135,054. Residents of Portsmouth, RI typically earn between $100k-200k each year. Typical family type is married, 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

Frequently Asked Questions About 85 Sherwood Ter

What is the listing price of this property?

The listing price of 85 Sherwood Ter property is $600,000.

What type of property is this?

The property 85 Sherwood Ter is a house located in Portsmouth, Rhode Island, 02871.

Is this property for sale now?

Accepting Backup Offers: 85 Sherwood Ter 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 $3,964 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 85 Sherwood Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 85 Sherwood Ter is 1,414 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 85 Sherwood Ter is 1964.

Rocket Homes›Rhode Island›Newport County›Portsmouth›02871›85 Sherwood Ter

This home is located at 85 Sherwood Ter in Portsmouth, RI and zip code 02871. This 1,414 square foot home, which was built in 1964, sits on a 0.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $600,000.

Portsmouth, RI housing market in April 2024 saw over 5 listings sold above listed price, more than 5 sold at listed price and over 4 sold below. In April 2024 in Portsmouth, RI there were 10.8% less homes for sale than in March 2024. Listings spent 54 days on the market in April 2024, and had a median list price of $650,000 during the same period.

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

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