NOT LISTED FOR SALE

1299 Main Rd Tiverton, RI 02878

Estimated Value: $283,000 - $350,966

1 Bed
1 Bath
1,386 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $180,000 $130 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,794/month

64 Days on Market

Highlights

  • 0.95 Acre Lot
  • Wood Flooring
  • Walking Distance to Water
  • Tiverton High School Rated 9+
  • Workshop
  • Laundry Room

About This Home

As of August 2021

GREAT OPPORTUNITY! Quonset Hut sitting on nearly an acre of land in a prime, Tiverton location. Right at the intersection of Route 24 at the Sakonnet Bridge and Main Rd (RT 138-77). Bring this Gem Back to Life with some Cosmetic Updates and TLC. Property is currently zoned R40 (Residential). But has incredible potential through location and high traffic / visibility to be used for commercial space (with proper zoning variance). Great opportunity for business seeking an awesome location, OR keep the zoning as is and use this Single Family Home to it's full potential. Has Brand New Electrical Service, newer Heating System w/ On-Demand water heater, & Newer Oil Tank. Buyer to conduct due diligence regarding zoning, and all information here within. NOTE: Property has cesspool and will not qualify for all financing. Cash Preferred.

Last Agent to Sell the Property

Matthew Romano

HomeSmart Professionals License #RES.0044322 Listed on: 05/17/2021

HomeSmart Professionals

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 1954

Lot Details

  • 0.95

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater
  • Oil Water Heater
  • Cesspool

Additional Features

  • Walking Distance to Water
  • 0.95 Acre Lot

Listing and Financial Details

  • Tax Lot 274
  • Assessor Parcel Number 1299MAINRDTIVR

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,277

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.95
  • Above Grade Finished Sq Ft: 736.0
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1954
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oil Water Heater, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 650.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bathtub
  • Living Area: 1386.0
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Other, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Cesspool, Unknown
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 41382.0
  • Parcel #: 1299MAINRDTIVR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1277.0
  • Tax Lot: 274
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Aug 20, 2021
Sold by
Lapointe Shannon
Bought by
Aguiar Brian
Seller's Agent
Matthew Romano
HomeSmart Professionals
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$229,900
Sold Price
$180,000
Premium/Discount to List
-$49,900
-21.71%
Current Estimated Value
$308,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,989
Avg. Annual Appreciation
13.87%
Original Mortgage
$171,000
Outstanding Balance
$155,492
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,497

Purchase Details

Closed on
Nov 17, 2011
Sold by
Mccullough David S and Mccullough Raquel
Bought by
Mccullough David S
Source: Public Records

Range of Values:

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Average Value
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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
Aguiar Brian $180,000 None Available
Mccullough David S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguiar Brian $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $180,000 -21.7% $130 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $229,900 -- $166 / 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
2025 $1,874 $169,600 $98,800 $70,800
2024 $1,874 $169,600 $98,800 $70,800
2023 $1,499 $100,600 $71,200 $29,400
2022 $1,472 $100,600 $71,200 $29,400
2021 $1,436 $100,600 $71,200 $29,400
2020 $1,310 $80,900 $74,300 $6,600
2019 $1,277 $80,900 $74,300 $6,600
2018 $1,326 $80,900 $74,300 $6,600
2017 $1,526 $80,100 $74,300 $5,800
2016 $1,533 $80,100 $74,300 $5,800
2015 $1,533 $80,100 $74,300 $5,800
2014 $1,855 $96,100 $74,300 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1282565

State-Wide MLS

APN: TIVE-000302-000000-000274