NOT LISTED FOR SALE

Estimated Value: $661,000 - $727,000

3 Beds
1.5 Baths
1,550 Sq Ft
$452/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $620,000 $400 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,245/month

4 Days on Market

Highlights

  • Marina
  • Beach Access
  • Colonial Architecture
  • Water Views
  • Golf Course Community
  • Wood Flooring

About This Home

As of August 2023

Come experience life on The Terrace! Surrounded on three sides by water, this neighborhood is a hidden gem. Seasonal water views from almost every room. Walk to your own private beach at the end of the street! Even though you feel like you are on a private island, you are less than 15 minutes to Providence. The first floor features open concept living with a large family room, kitchen, dining room with slider leading to your deck, and bonus office with laundry. Second floor features three bedrooms and brand new bath. Recently remodeled in 2022, everything is brand new - kitchen, bathrooms, roof, boiler, electrical panel, plumbing, trex decking, patio, driveway, appliances. All you have to do is move in! The front of the home features a beautiful farmers porch surrounded by colorful hydrangeas and sea grass, adding to the coastal feel. It's the perfect place to have your morning coffee and watch the sunrise. In the fully fenced-in backyard you will find a private oasis. Sit on the back deck and listen to the waterfall in your fish pond while breathing in that salt water air. A few steps down you will find a paver patio which makes for a more intimate sitting area. When the sun goes down, gather around the river rock fire pit for s'mores. Walk down to Rose Larisa park for summer concerts or cross the street and ride the historic Looff Carousel! The East Bay Bike path is right there as well. Homes rarely become available on The Terrace, so don't miss this opportunity!

Last Agent to Sell the Property

Mark Sullivan

eXp Realty License #RES.0047702 Listed on: 07/09/2023

Last Buyer's Agent

Renee Fallon

RE/MAX Professionals License #RES.0042361

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,980

Year Built

  • Built in 1920

Lot Details

  • 5,024 Sq Ft Lot
  • Corner Lot
  • Property is zoned R3

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 07
  • Assessor Parcel Number 157RIVERSIDEDREPRO

Community Details

Overview

  • Terrace Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,980

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1153
  • Inclusions: Please note taxes do not reflect 14% homestead exemption. Annual tax is 6002.80 with homestead.
  • Subdivision Name: Terrace
  • Above Grade Finished Sq Ft: 1550.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1550.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5024.0
  • Parcel #: 157RIVERSIDEDREPRO
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6980.0
  • Tax Lot: 07
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Aug 10, 2023
Sold by
Salerno Melanie A
Bought by
Phillips Kristene and Phillips Matthew M
Seller's Agent
Mark Sullivan
eXp Realty
Buyer's Agent
Renee Fallon
RE/MAX Professionals
List Price
$599,990
Sold Price
$620,000
Premium/Discount to List
$20,010
3.34%
Views
240
Current Estimated Value
$700,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,549
Avg. Annual Appreciation
5.50%
Original Mortgage
$420,000
Outstanding Balance
$409,410
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$291,139

Purchase Details

Listed on
Sep 13, 2022
Closed on
Oct 28, 2022
Sold by
Rwr Real Estate Inv Grp
Bought by
Salerno Melanie A
Seller's Agent
Robert Rinn
RE/MAX Professionals
Buyer's Agent
Mark Sullivan
eXp Realty
List Price
$574,900
Sold Price
$540,000
Premium/Discount to List
-$34,900
-6.07%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%
Original Mortgage
$530,219
Interest Rate
6.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2022
Sold by
Rinn Robert
Bought by
Rwr Real Estate Inv Grp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2022
Sold by
Citigroup Mortgage Loan T and Us Bank Na
Bought by
Rinn Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 1984
Bought by
Guliano David A and Guliano Patricia G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phillips Kristene $620,000 None Available
Phillips Kristene $620,000 None Available
Salerno Melanie A $540,000 None Available
Salerno Melanie A $540,000 None Available
Rwr Real Estate Inv Grp -- None Available
Rwr Real Estate Inv Grp -- None Available
Rinn Robert $345,000 None Available
Rinn Robert $345,000 None Available
Guliano David A $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Kristene $420,000
Closed Phillips Kristene $420,000
Previous Owner Salerno Melanie A $530,219
Previous Owner Rwr Real Estate Inv Grp $300,000
Previous Owner Rinn Robert $300,000
Previous Owner Guliano David A $66,300
Previous Owner Guliano David A $281,815
Previous Owner Guliano David A $219,089
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $620,000 +3.3% $400 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/09/2023 07/09/23 For Sale $599,990 +11.1% $387 / Sq Ft
10/31/2022 10/31/22 Sold $540,000 -6.1% $370 / Sq Ft View Prior Sale
09/20/2022 09/20/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $574,900 -- $394 / 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 $6,683 $511,300 $166,300 $345,000
2024 $7,250 $472,900 $138,600 $334,300
2023 $6,980 $472,900 $138,600 $334,300
2022 $5,664 $259,100 $85,200 $173,900
2021 $5,571 $259,100 $85,200 $173,900
2020 $5,335 $259,100 $85,200 $173,900
2019 $5,187 $259,100 $85,200 $173,900
2018 $4,837 $211,400 $73,400 $138,000
2017 $4,729 $211,400 $73,400 $138,000
2016 $4,706 $211,400 $73,400 $138,000
2015 $4,691 $204,400 $72,700 $131,700
2014 $4,691 $204,400 $72,700 $131,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1339121

State-Wide MLS

APN: EPRO-000414-000007-000007