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2005 East Main Road

2005 East Main Road, Portsmouth, RI 02871
Commercial in Portsmouth
2005 East Main Road in Portsmouth, RI was first built in 1965 and is 59 years old. This has been categorized as a commercial property type. It is a single story home. 2005 East Main Road has 1,624 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 17,661 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of tar and gravel. For those who need parking, there is a paved and surfaced 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 masonry control joints. The condition of the building has been evaluated as fair. 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 oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2005 East Main Road was last sold in Jun 10, 2021 for $700,000. According to our calculations, that's $431.03 per sqft. Prior to that sales transaction, the property was sold for $550,000 in May 18, 2021. Current property owners are expected to pay $5,270 in taxes per year. The property on 2005 East Main Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $412,400. To break that down further, the land itself was valued at $206,400. While improvements to the property were assessed at a total of $206,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Construction Type: Masonry
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 242
  • Garage Type: Paved and surfaced
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,661
  • Total Building Area: 1,624
  • Gross Building Area: 1,930
  • Building Area: 1,624
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,624
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.405
  • Standard Land Use Code: Commercial building

Ownership

  • Current Owner : 1986 EATON LT
  • Previous Owner : SAVAS PROPERTIES LLC
  • Owner Before Previous Owner: SAVAS PROPERTIES LLC
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Portsmouth School District
  • School Tax School District: PORTSMOUTH SD
  • Census Tract: 040102

Zoning

  • Zoning: C

Geography

  • Parcel: PORT M:042 B:0002
  • Block: 2
  • Municipality: PORTSMOUTH
  • Latitude: 41.5857
  • Longitude: -71.252

    Address

  • Full Address: 2005 E Main Rd
  • Address - House Number: 2005
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Portsmouth
  • Carrier Code: R009
  • 4-Digit Zip Code: 1227
  • Zip Code: 02871

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: BAYCOAST BANK
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Loan Amount: $525,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,400
  • Assessed Land Value: $206,400
  • Assessed Improvements Value: $206,000

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11840689513
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3296
  • Previous Sale Recording Date: Jun 08, 2021
  • Previous Sale Contract Date: May 18, 2021
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAYCOAST BANK
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $525,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Newport



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Nearby Rentals

Unit for rent at 38 Morningside Lane, Portsmouth, RI, 02871

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Unit for rent at 14 Maize Corn Road, Portsmouth, RI, 02871

$2,950 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,637 ft²
14 Maize Corn Road, Portsmouth, RI, 02871 Listing by LeAnne West
Unit for rent at 155 Bristol Ferry Road, Portsmouth, RI, 02871

$1,900 /mo

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  • 1 Bath
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Frequently Asked Questions

What neighborhood is 2005 East Main Road located in?
The 2005 East Main Road is a commercial located in the neighborhood of Portsmouth in Newport, Portsmouth.
What is the average sales price for listings in 2005 East Main Road?
The average sales price for units in 2005 East Main Road is $0 currently.

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