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130 Lilac Lane

130 Lilac Lane, Portsmouth, RI 02871
House in Portsmouth
Sold Jun 30, 2020
$585,000
$468,000 by North American Savings Bank Fs
Mortgage
Sold Jan 20, 2005
$584,000
$464,000 by Sovereign Bank Fsb
Mortgage
130 Lilac Lane in Portsmouth, RI was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 130 Lilac Lane has 2,641 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 17,175 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 29, 2020 for $585,000. That's $221.51 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $584,000. 130 Lilac Lane was last assessed in 2023. The total value of the property was assessed at $771,300. Specifically, the land the property is located on was valued at $217,600. While improvements on the property were assessed at a total of $553,700. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,857. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,372
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,175
  • Total Building Area: 2,641
  • Gross Building Area: 5,300
  • Building Area: 2,641
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,641
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.394
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WANG MICHAEL
  • Current Owner 2: LEE SUSAN
  • Previous Owner : ALEXANDER JEFFREY M
  • Previous Owner 2: ALEXANDER KAREN L
  • Owner Before Previous Owner: REED DEV CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portsmouth School District
  • School Tax School District: PORTSMOUTH SD
  • Census Tract: 040104

Zoning

  • Zoning: R20

Geography

  • Parcel: PORT M:057 B:0166
  • Block: 166
  • Municipality: PORTSMOUTH
  • Latitude: 41.5649
  • Longitude: -71.2593

    Address

  • Full Address: 130 Lilac Ln
  • Address - House Number: 130
  • Address - Street Name: Lilac
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Portsmouth
  • Carrier Code: R010
  • 4-Digit Zip Code: 2274
  • Zip Code: 02871

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,857

    Appraisal Valuation

  • Standard Deviation: 0.2169
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 70
  • Final Value: 894,671
  • High Value: 1,088,814
  • Low Value: 700,529

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,000
  • First Open Lien Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $468,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $771,300
  • Assessed Land Value: $217,600
  • Assessed Improvements Value: $553,700

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11770839039
  • Current Sale Price: $585,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2494
  • Previous Sale Recording Date: Jan 20, 2005
  • Previous Sale Amount: $584,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: SOVEREIGN BANK FSB
  • Previous Mortgage Transaction Date: Jan 20, 2005
  • Previous Mortgage Loan Amount: $464,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 130 Lilac Lane located in?
The 130 Lilac Lane is a house located in the neighborhood of Portsmouth in Newport, Portsmouth.
What is the average sales price for listings in 130 Lilac Lane?
The average sales price for units in 130 Lilac Lane is $625,000 , or $251/sqft. currently.

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