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Backup Offers

2958 E Main Rd, Portsmouth, RI, 02871

$295,000

Home List Price

$3,503*

Closing Credit

0 Baths
660 SqFt
$447/SqFt
House
Schools Nearby

Location

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2958 E Main Rd, Portsmouth$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year BuiltNew Const., 1880
HeatingNone
CoolingNone
BasementYes
FireplaceNone
MLS #1358217
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 2958 E Main Rd

Seize the opportunity to transform this unique single-family home into your dream abode! Situated in a prime location, this property offers a rare canvas for your creative vision. Currently in its raw state, this home presents the chance to craft a charming 2-bedroom cottage spanning two floors, boasting ample off-street parking and a delightful backyard retreat. Perfectly zoned for both residential and commercial use, this versatile space invites a multitude of possibilities. Whether you envision a cozy coastal getaway or a quaint storefront with living quarters above, the potential is boundless. Conveniently located within close proximity to Newport, Bristol, and picturesque beaches, as well as offering easy access to points North toward Boston and Providence, this property promises a lifestyle of convenience and opportunity. Don't miss your chance to shape this blank canvas into the home or business of your dreams. Embrace the potential and make this space uniquely yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin/Cottage
  • Year Built: 1880
  • Stories: 2
  • Living Area: 660 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: None

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $447/SqFt

Tax Information:

  • Annual Amount: $3,249
  • 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

2958 E Main Rd vs Portsmouth

19 DAYS ON ROCKET

-35 Days

$295,000

-$355K Less

$447/SqFt

+$101 More

KEY TAKEAWAY

This property is $355K less than the Median Sold Price and $101/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: #1358217

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: 5/28/2024, 7:20:32 PM 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 24, 2015Home Sold
$110,000
Aug 12, 2005Home Sold
$166,000
Feb 19, 2003Home Sold
$104,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,249$212,200
2020$3,198$212,200
2019$2,345$143,000
2018$2,284$143,000
2017$2,208$143,200

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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-3887301
10
/10

  • Howard Hathaway School

  • 53 Tallman Ave

  • 0.53 miles

  • Public District Grades KG-3

school-card-donut-3887302
9
/10

  • Melville School

  • 1351 W Main Rd

  • 2.19 miles

  • Public District Grades PK-3

school-card-donut-3887303
6
/10

  • Fort Barton School

  • 99 Lawton Ave

  • 2.22 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 $97,321. Residents of Portsmouth, RI typically earn between $100k-200k 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

Frequently Asked Questions About 2958 E Main Rd

What is the listing price of this property?

The listing price of 2958 E Main Rd property is $295,000.

What type of property is this?

The property 2958 E Main Rd is a house located in Portsmouth, Rhode Island, 02871.

Is this property for sale now?

Accepting Backup Offers: 2958 E Main 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 $3,249 (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 24, 2015 for $110,000. (source: MLS/tax record).

What is the square footage of this property?

The property 2958 E Main Rd is 660 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2958 E Main Rd is 1880.

Rocket Homes›Rhode Island›Newport County›Portsmouth›02871›2958 E Main Rd

This home is located at 2958 E Main Rd in Portsmouth, RI and zip code 02871. This 660 square foot home, which was built in 1880, sits on a 0.14 acre lot. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $295,000.

In April 2024 more than 5 listings in Portsmouth, RI were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 4 were sold below. The number of listings in Portsmouth, RI decreased by 10.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 54 days, the median list price was $650,000.

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

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