NOT LISTED FOR SALE

129 Shore Rd Riverside, RI 02915

Riverside Neighborhood

Estimated Value: $771,000 - $926,000

4 Beds
2 Baths
2,662 Sq Ft
$327/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $426,000 $160 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,690/month

31 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Tennis Courts
  • Marina
  • Game Room
  • 1-minute walk to Sabin Point Park

About This Home

As of December 2023

REDUCED to below assessed and Certified appraisal value! BEACH FRONT property in sought after Riverside! Enjoy spectacular panoramic views and gorgeous sunsets from the porch and the wrap around deck. This property is situated directly across the street from the beach on Narragansett Bay and beautiful Sabins Point! This home has been in the same family for over 70 years! It is a 4 bed 2 bath cottage on an almost 10,000 square foot lot. Property is in need of TLC to bring it back to its original magnificence. Walk out basement with family room for additional space. Estate Sale. Subject to probate court approval and being sold in "as is" condition. No FHA or VA financing. Buyers agent to do due diligence in regards to flood insurance which is required with financing. Taxes do not reflect 14% homestead exemption if buyer occupies property

Last Agent to Sell the Property

Pamela Reis

Mateus Realty License #RES.0022580 Listed on: 10/12/2023

Last Buyer's Agent

Pamela Reis

Mateus Realty License #RES.0022580 Listed on: 10/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,481

Year Built

  • Built in 1865

Lot Details

  • 9,148 Sq Ft Lot
  • Beach Front

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Game Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Screened Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Legal Lot and Block 212 / 03
  • Assessor Parcel Number 129SHORERDEPRO

Community Details

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Riverside Subdivision
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,481

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Inclusions: flood insurance required
  • Subdivision Name: Riverside
  • Above Grade Finished Sq Ft: 1859.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1865
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 803.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other
  • Interior Amenities: Tub Shower
  • Living Area: 2662.0
  • Dining Room Type: Game Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Beach Access, Beach Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Porch, Paved Driveway
  • Foundation Details: See Remarks
  • Patio And Porch Features: Balcony, Porch, Screened

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Recreation Area, Restaurant, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9148.0
  • Parcel #: 129SHORERDEPRO
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6481.0
  • Tax Block: 03
  • Tax Lot: 212
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 21, 2023
Sold by
Lasalle Mary L Est and Lasalle
Bought by
Waterview Invest Llc
Seller's Agent
Pamela Reis
Mateus Realty
Buyer's Agent
Pamela Reis
Mateus Realty
List Price
$499,900
Sold Price
$426,000
Premium/Discount to List
-$73,900
-14.78%
Views
682
Current Estimated Value
$928,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,621
Avg. Annual Appreciation
55.98%
Original Mortgage
$550,000
Outstanding Balance
$541,793
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,661

Purchase Details

Closed on
Mar 20, 2023
Sold by
Lasalle Mary L Est and Lasalle
Bought by
Miller Charles J and Miller Mary
Source: Public Records

Range of Values:

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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
Waterview Invest Llc $426,000 None Available
Waterview Invest Llc $426,000 None Available
Miller Charles J -- None Available
Miller Charles J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterview Investments Llc $50,000
Open Waterview Investments Llc $125,000
Open Waterview Invest Llc $550,000
Closed Waterview Invest Llc $550,000
Previous Owner Lasale Mary L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $426,000 +0.2% $160 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $425,000 -10.5% $160 / Sq Ft
11/01/2023 11/01/23 Price Changed $475,000 -5.0% $178 / Sq Ft
10/12/2023 10/12/23 For Sale $499,900 -- $188 / 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 $6,731 $439,100 $197,500 $241,600
2023 $6,481 $439,100 $197,500 $241,600
2022 $6,490 $296,900 $158,500 $138,400
2021 $6,383 $296,900 $157,500 $139,400
2020 $6,113 $296,900 $157,500 $139,400
2019 $5,944 $296,900 $157,500 $139,400
2018 $6,262 $273,700 $158,500 $115,200
2017 $6,123 $273,700 $158,500 $115,200
2016 $6,910 $310,400 $195,200 $115,200
2015 $5,816 $253,400 $127,700 $125,700
2014 $5,816 $253,400 $127,700 $125,700
Source: Public Records

Agents Affiliated with this Home

  • Pamela Reis

    Seller's Agent in 2023

    Pamela Reis

    Mateus Realty

    (401) 434-8399

    12 in this area

    67 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1345857

State-Wide MLS

APN: EPRO-000212-000003-000007

Rhode Island Providence County Riverside 02915 Riverside

129 Shore Rd, Riverside, RI

This home is located at 129 Shore Rd, Riverside, RI 02915 since 12 October 2023 and is currently estimated at $871,453, approximately $327 per square foot. This property was built in 1865. 129 Shore Rd is a home located in Providence County with nearby schools including East Providence High School, St Mary Academy-Bay View, and St Luke Elementary School.

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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