ALL OFFERS DUE BY 12PM TUESDAY, AUGUST 5TH. Contractors, investors, and visionaries this one’s for you! This property offers a rare opportunity to build new or major renovation in the desirable Island Park in Portsmouth. Maybe you’ve always wanted an Airbnb. Maybe rent to college students for fall and winter and tourists in the spring and summer. This is the place for it! 2/10 of a mile to the beach or Flos Clam Shack! 3/10 of mile to Shcultzy’s Snack Shack. Easy access to Route 24, 114, and 138. Just a few miles to Fall River and about 10 miles to Newport. Existing structure is in poor condition and being sold strictly AS IS, with no warranties or repairs. Ideal tear-down bring your plans and make the most of this lot’s potential. Whether you're looking to rebuild, or invest, the value is in the land and being in walking distance of the beach, restaurants, and a quaint neighborhood. The dwelling will NOT qualify for most loan programs. The Town of Portsmouth will not allow the home to be occupied prior to a septic system is installed. This is non negotiable. The Buyer is unable to occupy the dwelling prior to a new septic system being installed. Septic design is in process. BUYER responsible for new septic. DO NOT WALK THE PROPERTY, IT IS OWNER OCCUPIED. Thank you.
Sold for $250,000
$250,000
51 Pine St, Portsmouth, RI 02871
2beds
691sqft
Single Family Residence
Built in 1950
3,049 Square Feet Lot
$253,800 Zestimate®
$362/sqft
$2,501 Estimated rent
Home value
$253,800
$208,000 - $310,000
$2,501/mo
Zestimate® history
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$1,213/mo
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Zillow last checked:
Listing updated:
Listed by:
Lynette Lacerda 401-236-4001,
Revolv Real Estate
Bought with:
Lynette Lacerda, RES.0047891
Revolv Real Estate
Jeff Brooks, RES.0034174
Hogan Associates Christie's
Source: StateWide MLS RI,MLS#: 1391313
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Level: First
Other
- Level: First
Other
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Oil, Forced Air
Cooling
- None
Appliances
- Included: Dryer, Oven/Range, Refrigerator, Washer
Features
- Wall (Paneled), Plumbing (Galvanized), Plumbing (Mixed), Insulation (Walls)
- Flooring: Other, Carpet
- Basement: Full,Bulkhead,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 691
- Total interior livable area: 691 sqft
- Finished area above ground: 691
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage
Features
- Waterfront features: Access, Beach, Flood Insurance, Walk to Salt Water
Lot
- Size: 3,049 Square Feet
- Features: Corner Lot
Details
- Parcel number: PORTM020B0068
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Paneled, Wood
- Foundation: Block
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: 60 Amps
- Sewer: Cesspool
- Water: Public
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Interstate, Marina, Recreational Facilities, Restaurants, Near Swimming
- Subdivision: Island Park
HOA
- Has HOA: No
Location
- Region: Portsmouth
Financial & listing details
- Price per square foot: $362/sqft
- Tax assessed value: $195,600
- Annual tax amount: $2,578
- Date on market: 7/30/2025
- Inclusions: DO NOT WALK THE PROPERTY - IT IS OWNER OCCUPIED. Thank you. The dwelling will NOT qualify for most loan programs. The Town of Portsmouth will not allow the home to be occupied prior to a septic system is installed. This is none negotiable. Septic design in process. BUYER is responsible for new septic system. Buyer and Buyer Agent to do due diligence.
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Sold | $250,000+11.1%$362/sqft |
Source:  StateWide MLS RI #1391313 Report a problem | ||
| 8/8/2025 | Pending sale | $225,000$326/sqft |
Source: StateWide MLS RI #1391313 Report a problem | ||
| 7/30/2025 | Listed for sale | $225,000+275%$326/sqft |
Source: StateWide MLS RI #1391313 Report a problem | ||
| 7/16/1998 | Sold | $60,000$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,598 +0.8% | $195,600 |
| 2024 | $2,578 +4.5% | $195,600 +23.3% |
| 2023 | $2,468 | $158,600 |
| 2022 | $2,468 +1.6% | $158,600 |
| 2021 | $2,428 +1.6% | $158,600 |
| 2020 | $2,391 +25.2% | $158,600 +36.3% |
| 2019 | $1,909 +2.7% | $116,400 |
| 2018 | $1,859 +3.6% | $116,400 |
| 2017 | $1,795 +11.1% | $116,400 +15.2% |
| 2016 | $1,616 +1.3% | $101,000 |
| 2015 | $1,596 | $101,000 |
| 2014 | $1,596 -13.6% | $101,000 -20.5% |
| 2013 | $1,847 +2% | $127,100 |
| 2012 | $1,810 +2.4% | $127,100 |
| 2011 | $1,768 -11.7% | $127,100 -28.3% |
| 2010 | $2,003 +0.4% | $177,300 |
| 2009 | $1,996 +3.9% | $177,300 |
| 2008 | $1,922 +11.3% | $177,300 +16.8% |
| 2007 | $1,727 +5.8% | $151,800 |
| 2006 | $1,632 +3.9% | $151,800 |
| 2005 | $1,571 +6.2% | $151,800 +66.3% |
| 2004 | $1,479 -1.6% | $91,300 |
| 2003 | $1,503 | $91,300 |
Find assessor info on the county website
Neighborhood: 02871
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Nearby schools
GreatSchools rating
- 10/10Howard Hathaway SchoolGrades: K-4Distance: 0.7 mi
- 8/10Portsmouth Middle SchoolGrades: 5-8Distance: 5.4 mi
- 9/10Portsmouth High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$253,800
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Estimated market value
$253,800
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