NOT LISTED FOR SALE

126 Riverside Dr Unit 1 Riverside, RI 02915

Riverside Neighborhood

Estimated Value: $741,000 - $1,104,000

2 Beds
1 Bath
1,060 Sq Ft
$843/Sq Ft Est. Value

Highlights

  • Beach Front
  • No HOA
  • Bathtub with Shower
  • Furnished
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of October 2024

Waterfront winter rental available on Narragansett Terrace, Nov 2024 through June 2025. Immaculate redesigned apartment with full easterly, sunrise, water views with a lower-level terrace and first floor deck. Open concept kitchen and living with a cooks kitchen, modern finishes, and fantastic vistas. Two bedrooms and one bath on the main floor, laundry in unit.

Last Agent to Rent the Property

Robert Rutley

Mott & Chace Sotheby's Intl. License #REB.0019597 Listed on: 09/24/2024

Mott & Chace Sotheby's Intl.

Last Renter's Agent

Robert Rutley

Mott & Chace Sotheby's Intl. License #REB.0019597 Listed on: 09/24/2024

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,181

Year Built

  • Built in 1930

Lot Details

  • Beach Front

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace Features Masonry
  • Water Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Property Available on 11/1/24
  • Month-to-Month Lease Term
  • Assessor Parcel Number 126RIVERSIDEDR1EPRO

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Narragansett Terrace Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,181

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2024-11-01
  • Security Deposit: 2750.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Narragansett Terrace
  • Above Grade Finished Sq Ft: 1060.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Apartment
  • Year Built: 1930
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Private Entry
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Interior Amenities: Tub Shower
  • Living Area: 1060.0

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gardener, Laundry Facilities, Parking, Sewer, Trash Collection, Water
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 126RIVERSIDEDR1EPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2018
Sold by
Langevin 4Th George D and Langevin Megan L
Bought by
Dimascolo Michael J
Current Estimated Value
$893,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,316
Outstanding Balance
$343,467
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$549,629

Purchase Details

Closed on
Feb 25, 2004
Sold by
Bourne Roslyn
Bought by
Lanevin 3Rd George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dimascolo Michael J $410,000 --
Dimascolo Michael J $410,000 --
Dimascolo Michael J $410,000 --
Lanevin 3Rd George $215,000 --
Lanevin 3Rd George $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimascolo Michael J $396,316
Closed Dimascolo Michael J $396,316
Previous Owner Lanevin 3Rd George $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Rented $2,750 0.0% --
09/24/2024 09/24/24 Under Contract -- -- --
09/24/2024 09/24/24 For Rent $2,750 +10.0% --
03/07/2024 03/07/24 Rented $2,500 0.0% --
01/06/2024 01/06/24 Price Changed $2,500 -9.1% $2 / Sq Ft
01/02/2024 01/02/24 For Rent $2,750 -- --
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
2025 $12,181 $932,000 $510,600 $421,400
2024 $10,546 $687,900 $425,500 $262,400
2023 $10,153 $687,900 $425,500 $262,400
2022 $9,999 $457,400 $300,000 $157,400
2021 $9,834 $457,400 $300,000 $157,400
2020 $9,418 $457,400 $300,000 $157,400
2019 $9,157 $457,400 $300,000 $157,400
2018 $8,905 $389,200 $258,800 $130,400
2017 $8,706 $389,200 $258,800 $130,400
2016 $9,743 $437,700 $286,200 $151,500
2015 $7,863 $342,600 $183,400 $159,200
2014 $7,863 $342,600 $183,400 $159,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1369464

State-Wide MLS

APN: EPRO-000414-000022-000010