NOT LISTED FOR SALE

Estimated Value: $469,000 - $547,118

3 Beds
1.5 Baths
1,221 Sq Ft
$416/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $330,000 $270 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,143/month

152 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Wood Flooring
  • Marina
  • 0.41 Acre Lot
  • Cottage

About This Home

As of July 2019

A perfect small project for you! Inspection from previous buyers is available to share. This charming cottage, centered on three lots with sweeping water views of Narraganset Bay could be yours! Tucked away in the Shawomet neighborhood, you'll love the updated finishes and lovely french doors throughout the home; the on-demand hot water and other mechanical's are top-of-the-line. The kitchen layout is chef's dream, and has stainless steel appliances and all-wood cabinetry in the most lovely green stain, and very cool concrete counter tops. The front load washer and dryer are conveniently located on the main floor. Radiant heat and premium bamboo flooring on the first floor will feel so smooth and warm underfoot. There is a sweet little half bath off the large living room; which has views facing East of the water and sunrise, even the Mount Hope Bridge! Three cozy bedrooms on the third floor and roomy full bath give you all the space you need. Home is connected to public sewers, flood insurance required. Possible to rebuild a larger home on the lots, this is a great opportunity for waterfront at an amazing price.

Last Agent to Sell the Property

Rachael Dotson

Residential Properties Ltd. License #RES.0040997 Listed on: 01/07/2019

Residential Properties Ltd.

Last Buyer's Agent

Rachael Dotson

Residential Properties Ltd. License #RES.0040997 Listed on: 01/07/2019

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,555

Year Built

  • Built in 1915

Lot Details

  • 0.41 Acre Lot
  • Beach Front

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,221 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hydro-Air Heating System
  • Radiant Heating System
  • 200+ Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 325
  • Assessor Parcel Number 11TERRACEAVWARW

Community Details

Recreation

  • Marina

Additional Features

  • Shawomet/Mill Cove/River Vue Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,555

Year Built

Built in 1915

Lot Details

0.41 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4132
  • Subdivision Name: Shawomet/Mill Cove/River Vue
  • Above Grade Finished Sq Ft: 1221.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1915
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower, Central Vacuum
  • Living Area: 1221.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Water Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hydro Air, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer, Sewer Assessment(s)
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18000.0
  • Parcel #: 11TERRACEAVWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4555.2
  • Tax Lot: 325
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jun 27, 2019
Sold by
Thibault William D and Thibault Rhonda M
Bought by
Paradise Mark
Seller's Agent
Rachael Dotson
Residential Properties Ltd.
Buyer's Agent
Rachael Dotson
Residential Properties Ltd.
List Price
$369,000
Sold Price
$330,000
Premium/Discount to List
-$39,000
-10.57%
Current Estimated Value
$508,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,530
Avg. Annual Appreciation
6.71%
Original Mortgage
$264,000
Outstanding Balance
$231,162
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$277,368

Purchase Details

Closed on
Dec 30, 2004
Sold by
Gregerman Alan M
Bought by
Thibault William D and Thibault Rhonda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2004
Sold by
Ablett Joshua P and Ablett Sara A
Bought by
Thibault William D and Thibault Rhonda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Paradise Mark $330,000 --
Thibault William D $50,000 --
Thibault William D $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradise Mark $264,000
Previous Owner Thibault William D $226,499
Previous Owner Thibault William D $28,000
Previous Owner Thibault William D $410,000
Previous Owner Thibault William D $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2019 07/09/19 Sold $330,000 -10.6% $270 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $369,000 -- $302 / Sq Ft
Source: State-Wide MLS

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
2025 $6,374 $501,900 $233,100 $268,800
2024 $6,326 $437,200 $224,100 $213,100
2023 $6,204 $437,200 $224,100 $213,100
2022 $5,612 $299,600 $135,500 $164,100
2021 $5,612 $299,600 $135,500 $164,100
2020 $5,612 $299,600 $135,500 $164,100
2019 $5,612 $299,600 $135,500 $164,100
2018 $4,555 $219,000 $135,500 $83,500
2017 $4,433 $219,000 $135,500 $83,500
2016 $4,433 $219,000 $135,500 $83,500
2015 $4,627 $223,000 $136,900 $86,100
2014 $4,473 $223,000 $136,900 $86,100
2013 $4,413 $223,000 $136,900 $86,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1212506

State-Wide MLS

APN: WARW-000336-000325-000000

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