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55 Cedar Avenue

55 Cedar Avenue, Portsmouth, RI 02871
Property in Portsmouth
Sold Dec 15, 2021
$835,000
$500,000 by Envision Bank
Mortgage
Sold Aug 29, 2017
$339,000
$328,830 by Baycoast Mortgage Co
Mortgage Due Aug 29, 2047
55 Cedar Avenue has been categorized by the local assessors in Portsmouth, RI as a residential type of property. The building on the property was first built in 1938 and is 86 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 55 Cedar Avenue has 2,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,880 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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, 55 Cedar Avenue was last sold in Dec 15, 2021 for $835,000. According to our calculations, that's $417.50 per sqft. Prior to that sales transaction, the property was sold for $339,000 in Jan 1, 1970. Current property owners are expected to pay $9,552 in taxes per year. The property on 55 Cedar Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $747,400. To break that down further, the land itself was valued at $360,700. While improvements to the property were assessed at a total of $386,700. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • 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: 900
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,880
  • Total Building Area: 2,000
  • Gross Building Area: 3,311
  • Building Area: 2,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.066
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CAMPBELL JAMES M
  • Previous Owner : PAULON KAREN R
  • Owner Before Previous Owner: BENJAMIN PAMELA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portsmouth School District
  • School Tax School District: PORTSMOUTH SD
  • Census Tract: 040101

Zoning

  • Zoning: R10

Geography

  • Parcel: PORT M:021 B:0038
  • Block: 38
  • Municipality: PORTSMOUTH
  • Latitude: 41.6247
  • Longitude: -71.2279

    Address

  • Full Address: 55 Cedar Ave
  • Address - House Number: 55
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Portsmouth
  • Carrier Code: R002
  • 4-Digit Zip Code: 4501
  • Zip Code: 02871

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,552

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 70
  • Final Value: 692,907
  • High Value: 843,289
  • Low Value: 542,525

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $668,000
  • First Open Lien Mortgage Lender: ENVISION BANK
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: ENVISION BANK
  • Second Open Lien Mortgage Recording Date: Dec 15, 2021
  • Second Open Lien Mortgage Loan Amount: $168,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $747,400
  • Assessed Land Value: $360,700
  • Assessed Improvements Value: $386,700

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11875223409
  • Current Sale Price: $835,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6277
  • Previous Sale Recording Date: Aug 29, 2017
  • Previous Sale Amount: $339,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENVISION BANK
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BAYCOAST MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 29, 2017
  • Previous Mortgage Loan Amount: $328,830
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 29, 2047

About Newport



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Frequently Asked Questions

What neighborhood is 55 Cedar Avenue located in?
The 55 Cedar Avenue is a located in the neighborhood of Portsmouth in Newport, Portsmouth.
What is the average sales price for listings in 55 Cedar Avenue?
The average sales price for units in 55 Cedar Avenue is $0 currently.

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