OFF MARKET

Off Market Apr 2025 for $130K

$167,695

•

560

sq ft

02 Raphael Ave, Prudence Island, RI 02872

About this home

Are you ready to claim your piece of paradise on Prudence Island? Tucked away on a charming 0.14-acre, this quaint 560 sq ft fixer-upper cottage presents an ideal chance to craft your dream retreat. With a price tag under $200,000, this delightful property is an exceptional investment for those eager to personalize their own piece of island life. Two lots provide plenty of room for expansion, gardening, or outdoor fun. This is an incredible value for such a unique and sought-after location. Imagine the endless possibilities, this cottage serves as a blank canvas ready for your imaginative touch. Relish the benefits of owning a compact yet adaptable property that can be transformed into the ultimate retreat from the fast pace of everyday life. Don't let this rare chance to realize your island dream slip away. Arrange a showing today and begin envisioning your perfect paradise!

Single-familyProperty Type

1960Year Built

6,098 sq ftLot Size

$299Est. Price/Sq.Ft.

2 spacesParking

Listed by Jennifer Gempp • Coastal Properties Group

Bought with Gregory Gempp • Coastal Properties Group

Redfin checked: 2 minutes ago

•Source:RIS #1369552

Redfin Estimate

$167,695

$38K since sold in April 2025$12K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 63.6% lower than the average sale price ($461K) of 6 comparable homes.

SOLD MAY 14, 2026
$410,000
A
3 beds1 bath2,280 sq ft
22 Maple Dr, Portsmouth, RI 02871
SOLD AUG 26, 2026
$225,000
B
4 beds1 bath1,152 sq ft
0 Beach Rd, Portsmouth, RI 02871
SOLD AUG 26, 2026
$454,600
C
1 bed1 bath792 sq ft
381 Wood St, Bristol, RI 02809
SOLD MAY 21, 2026
$560,000
D
2 beds1 bath1,170 sq ft
0176 Daniel Ave, Portsmouth, RI 02872
SOLD JUL 21, 2026
$630,000
E
3 beds1 bath1,194 sq ft
23 Birch St, Portsmouth, RI 02871
SOLD MAY 13, 2026
$485,000
F
2 beds1 bath1,132 sq ft
35 Corys Ct, Portsmouth, RI 02871

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Earn from this home

Sell

$54,338

Est. take-home

List your home with Redfin and save $1,031

Rent

$1,497/mo

Redfin rental estimate

List your home for rent

Market trends in 02872, RI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

93.5%

0.0% MoM

Median sale price

$560K

$124 MoM

Avg. days on market

162d

0 days MoM

Recently sold homes

0 MoM

New listings for sale

$874,000
4 beds2.5 baths3,858 sq ft
072 Pier Rd, Prudence Island, RI 02872
$625,000
3 beds1.5 baths2,048 sq ft
027 Sunset Hill Ave, Prudence Island, RI 02872
See all

Provided by Redfin

Sale history for 02 Raphael Ave

Date

Event

Price

RIS #1369552

Apr 25, 2025

Sold

$130,000

$232/sq ft

Nov 11, 2024

Pending

—

Sep 25, 2024

Listed

$194,000

$346/sq ft

RIS #651652

Jan 10, 2008

Sold

$190,000

$339/sq ft

Feb 7, 2007

Listing Removed

—

Aug 2, 2006

Listed

$199,000

$355/sq ft

RIS #733646

Nov 7, 2007

Sold

$755,000

$1,348/sq ft

Jun 29, 2007

Listing Removed

—

Feb 9, 2007

Listed

$375,000

$670/sq ft

RIS #515895

Jul 23, 1997

Sold

$12,000

$21/sq ft

Aug 1, 1995

Listed

$13,900

$25/sq ft

RIS #515892

Jun 18, 1997

Sold

$17,000

$30/sq ft

Aug 1, 1995

Listed

$19,000

$34/sq ft

RIS #501402

Nov 2, 1995

Sold

$20,000

$36/sq ft

Jan 10, 1995

Listed

$29,900

$53/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$637 (+0.6%)

$31,600 + $16,400

$48,000

2024

$633 (+3.3%)

$31,600 + $16,400

$48,000

2023

$613 (+9.5%)

$31,600 + $16,400

$48,000

2022

$560 (+1.6%)

$26,400 + $9,600

$36,000

2021

$551 (+1.5%)

$26,400 + $9,600

$36,000

2020

$543 (−21.8%)

$26,400 + $9,600

$36,000

2019

$694 (+2.7%)

$28,800 + $13,500

$42,300

2018

$676 (+3.7%)

$28,800 + $13,500

$42,300

2017

$652 (+0.3%)

$28,800 + $13,500

$42,300

2016

$650 (+1.4%)

$28,800 + $11,800

$40,600

2015

$641

$28,800 + $11,800

$40,600

2014

$641 (−13.8%)

$28,800 + $11,800

$40,600

2013

$744 (+2.1%)

$40,700 + $10,500

$51,200

2012

$729

$40,700 + $10,500

$51,200

Tax history for 02 Raphael Ave

Year

Property tax

Land + Additions

Assessment*

2025

$637 (+0.6%)

$31,600 + $16,400

$48,000

2024

$633 (+3.3%)

$31,600 + $16,400

$48,000

2023

$613 (+9.5%)

$31,600 + $16,400

$48,000

2022

$560 (+1.6%)

$26,400 + $9,600

$36,000

2021

$551 (+1.5%)

$26,400 + $9,600

$36,000

2020

$543 (−21.8%)

$26,400 + $9,600

$36,000

2019

$694 (+2.7%)

$28,800 + $13,500

$42,300

2018

$676 (+3.7%)

$28,800 + $13,500

$42,300

2017

$652 (+0.3%)

$28,800 + $13,500

$42,300

2016

$650 (+1.4%)

$28,800 + $11,800

$40,600

2015

$641

$28,800 + $11,800

$40,600

2014

$641 (−13.8%)

$28,800 + $11,800

$40,600

2013

$744 (+2.1%)

$40,700 + $10,500

$51,200

2012

$729

$40,700 + $10,500

$51,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,049 Sq. Ft.

Year renovated

—

Sq. Ft.

560

Year built

1960

Style

Single Family Residential

County

Newport County

APN

378070

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 7, 2026.

Property details

Parking

Parking
Features: No Garage
# of Parking (Total): 2

Interior

Bathroom Information
# of Full Bathrooms: 1

Room Information
# of Rooms (Total): 3
Basement Information: Unfinished

Fireplace Information
Features: Free Standing

Equipment
Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator

Interior Features
Flooring: Plywood

Exterior

Building Information
Stories: 1
Stories (Total): 1
Construction Details: Plaster, Wood Siding

Lot Information
Lot Size Area: 6,098
Lot Size Acres: 0.14
Lot Features: Corner Lot
Waterfront Features: Walk to Water
Zoning: R20

Property Information
Above Grade Finished Area: 560
Foundation Details: Pillar/Post/Pier

Financial

Assessments and Fees
Assessed Value: $53,800

Tax Information
Annual Tax Amount: $850
Tax Year: 2025

Utilities

Utility Information
Sewer: Cesspool
Water Source: Public

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 560
Stories: 1.0
Lot Size: 3,049 square feet
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: Newport County
APN: 378070

Home facts updated by county records on Jan 7, 2026

Around this home

Schools

Melville School

Public PreK-4 • Assigned • 3.9mi

10/10

Portsmouth Middle School

Public 5-8 • Assigned • 5.2mi

8/10

Portsmouth High School

Public 9-12 • Assigned • 3.5mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

4% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 93° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Prudence Island, RI • 02872

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$160,000 – $193,000

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Nearby similar homes

$1,595,000

4 beds3.5 baths3,346 sq ft

13 Howe St, Bristol, RI 02809

$799,000

4 beds2 baths2,090 sq ft

94 Ferreira Ter, Portsmouth, RI 02871

$995,000

2 beds2 baths1,626 sq ft

66 Mare Ter, Portsmouth, RI 02871

$895,000

2 beds1 bath976 sq ft

10 Summer St, Jamestown, RI 02835

$2,625,000

4 beds3.5 baths4,052 sq ft

5 Portsmouth Ln, Portsmouth, RI 02871

$1,049,000

3 beds3.5 baths2,880 sq ft

55 Sloop Dr, Portsmouth, RI 02871

New listings for sale in 02872

$874,000

4 beds2.5 baths3,858 sq ft

072 Pier Rd, Prudence Island, RI 02872

$625,000

3 beds1.5 baths2,048 sq ft

027 Sunset Hill Ave, Prudence Island, RI 02872

Home values near 02 Raphael Ave

Data from public records.

Address	Redfin Estimate
2 Raphael Ave, Prudence Island, RI 1 Beds \| 1 Baths \| 560 Sq. Ft.	$181,978
1318 Narragansett Ave, Portsmouth, RI 2 Beds \| 1 Baths \| 288 Sq. Ft.	$125,331

Address	Redfin Estimate
13 Warner Ave, Prudence Island, RI 1 Beds \| 0.5 Baths \| 492 Sq. Ft.	$331,570
20 Warner Ave, Prudence Island, RI 2 Beds \| 1 Baths \| 696 Sq. Ft.	$399,568

Address	Redfin Estimate
1289 Narragansett Ave, Portsmouth, RI 3 Beds \| 1 Baths \| 760 Sq. Ft.	$418,275
44 Simonelli Rd, Prudence Island, RI 2 Beds \| 1 Baths \| 784 Sq. Ft.	$330,444

Property information provided by RIS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 02872, RI

Sale history for 02 Raphael Ave

Tax history for 02 Raphael Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02872

Home values near 02 Raphael Ave

More real estate resources