NOT LISTED FOR SALE

109 Terrace Ave Riverside, RI 02915

Riverside Neighborhood

Estimated Value: $939,000 - $1,347,000

4 Beds
3.5 Baths
2,903 Sq Ft
$392/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $500,000 $172 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $7,140/month

17 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Cathedral Ceiling
  • Marina
  • Deck
  • Wood Flooring

About This Home

As of May 2018

Beachfront!! Waterfront!! Absolutely fabulous waterfront location with 180 degree views of Narragansett Bay and both southern and western exposures! Enjoy the beach steps from your own backyard or the spectacular western sunsets from your living room or on your deck! This former cottage has been expanded over the years and is now a two-family home. Bring your vision, your builder and your architect. This is the special waterfront home you have always wanted! This home needs work and is being sold "as is". No FHA. (Taxes do not reflect 13% East Providence Homestead Exemption for owner occupied houses.)

Last Agent to Sell the Property

Barbara Arditte

Residential Properties Ltd. License #RES.0035693 Listed on: 03/22/2018

Residential Properties Ltd.

Last Buyer's Agent

Anthony Mattera

Hope Real Estate License #REB.0018395

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 0.26 Acre Lot
  • Beach Front
  • Fenced

Home Design

  • Fixer Upper

Interior Spaces

  • 2,903 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Washer

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 14
  • Assessor Parcel Number 109TERRACEAVEPRO

Community Details

Overview

  • 4 Units
  • Terrace Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2594
  • Subdivision Name: Terrace
  • Above Grade Finished Sq Ft: 2903.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1897
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Water Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Exterior Features: Deck, Porch, Patio, Paved Driveway
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11300.0
  • Parcel #: 109TERRACEAVEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 14576.0
  • Tax Block: 14
  • Tax Lot: 9
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 9, 2018
Sold by
Ingrid Wild Klener Ret and Arditte
Bought by
Carr Michael and Carr Elissa
Seller's Agent
Barbara Arditte
Residential Properties Ltd.
Buyer's Agent
Anthony Mattera
Hope Real Estate
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$1,088,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,907
Avg. Annual Appreciation
11.13%
Original Mortgage
$325,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carr Michael $500,000 --
Carr Michael $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Michael $325,100
Closed Carr Michael $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $500,000 0.0% $172 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $499,900 -- $172 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,509 $881,200 $429,700 $451,500
2023 $13,007 $881,200 $429,700 $451,500
2022 $14,924 $682,700 $382,500 $300,200
2021 $14,678 $682,700 $382,300 $300,400
2020 $14,057 $682,700 $382,300 $300,400
2019 $13,335 $666,100 $382,300 $283,800
2018 $14,909 $651,600 $424,000 $227,600
2017 $14,576 $651,600 $424,000 $227,600
2016 $14,505 $651,600 $424,000 $227,600
2015 $10,977 $478,300 $265,800 $212,500
2014 $10,977 $478,300 $265,800 $212,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Barbara Arditte

    Residential Properties Ltd.

    (401) 575-1575

    19 Total Sales

    Section Image
  • Anthony Mattera

    Buyer's Agent in 2018

    Anthony Mattera

    Hope Real Estate

    (401) 787-8636

    1 in this area

    122 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1185599

State-Wide MLS

APN: EPRO-000414-000014-000009

Rhode Island Providence County Riverside 02915 Riverside

109 Terrace Ave, Riverside, RI

This home is located at 109 Terrace Ave, Riverside, RI 02915 since 22 March 2018 and is currently estimated at $1,136,907, approximately $391 per square foot. This property was built in 1897. 109 Terrace Ave is a home located in Providence County with nearby schools including East Providence High School, St Luke Elementary School, and St Mary Academy-Bay View.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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