NOT LISTED FOR SALE

176 Forbes St Riverside, RI 02915

Riverside Neighborhood

Estimated Value: $514,000 - $612,265

3 Beds
2.5 Baths
1,726 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $555,000 $322 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,646/month

26 Days on Market

Highlights

  • Marina
  • Under Construction
  • Wood Flooring
  • Golf Course Community
  • Colonial Architecture
  • Tennis Courts

About This Home

As of July 2023

Riverside New Construction! Don't miss the opportunity to customize your Spacious 3 Bed, 2.5 bath Colonial on the East Bay! Main level will feature a kitchen w/ center island, granite counters, stainless steel appliances, dining area, living room, & LaVette. 2nd level offers a primary en-suite with a walk-in-closet, 2 additional bedrooms & a full bath. Hardwoods, central air, sliders to patio & a garage. Full basement for storage or could be finished for additional space. Convenient Central East bay location - tucked between Providence & Barrington. Easy access to the interstate, shopping, Providence and all the East Bay as to offer. The perfect place to call home. Estimated time of completion is June 2023.

Last Agent to Sell the Property

Rachel Wills

Peter M. Scotti & Assoc.,Inc. License #RES.0041740 Listed on: 04/07/2023

Last Buyer's Agent

Julie Chalue

New England Properties License #REB.0015758

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 9,900 Sq Ft Lot
  • Property is zoned R3

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,726 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 004-10 / 01
  • Assessor Parcel Number 176FORBESSTEPRO

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2273
  • Above Grade Finished Sq Ft: 1726.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 1726.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9900.0
  • Parcel #: 176FORBESSTEPRO
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Block: 01
  • Tax Lot: 004-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Jul 14, 2023
Sold by
A G Construction Inc
Bought by
Tenneti Lalith K and Tenneti Leelavathi
Seller's Agent
Rachel Wills
Peter M. Scotti & Assoc.,Inc.
Buyer's Agent
Julie Chalue
New England Properties
List Price
$549,000
Sold Price
$555,000
Premium/Discount to List
$6,000
1.09%
Views
2
Current Estimated Value
$587,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,174
Avg. Annual Appreciation
1.63%
Original Mortgage
$444,000
Outstanding Balance
$430,145
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$147,921

Purchase Details

Closed on
Nov 9, 2022
Sold by
Gianlorenzo & Sons Const
Bought by
Ag Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2022
Sold by
Santie Joann D
Bought by
Gianlorenzo Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
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
Tenneti Lalith K $555,000 None Available
Tenneti Lalith K $555,000 None Available
Ag Construction Inc $131,000 None Available
Ag Construction Inc $131,000 None Available
Gianlorenzo Steven $80,000 None Available
Gianlorenzo Steven $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenneti Lalith K $444,000
Closed Tenneti Lalith K $444,000
Previous Owner Ag Construction Inc $415,000
Previous Owner Gianlorenzo Steven $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2023 07/13/23 Sold $555,000 +1.1% $322 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $549,000 -- $318 / 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 $7,275 $556,600 $139,100 $417,500
2024 $6,495 $423,700 $115,900 $307,800
2023 $1,858 $125,900 $115,900 $10,000
2022 $1,296 $59,300 $59,300 $0
2021 $1,275 $59,300 $59,300 $0
2020 $1,221 $59,300 $59,300 $0
2019 $1,187 $59,300 $59,300 $0
2018 $1,320 $57,700 $57,700 $0
2017 $1,291 $57,700 $57,700 $0
2016 $1,284 $57,700 $57,700 $0
2015 $1,228 $53,500 $53,500 $0
2014 $1,228 $53,500 $53,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Wills

    Seller's Agent in 2023

    Rachel Wills

    Peter M. Scotti & Assoc.,Inc.

    (401) 248-3111

    1 in this area

    57 Total Sales

    Rachel Wills
    Section Image
  • Julie Chalue

    Buyer's Agent in 2023

    Julie Chalue

    New England Properties

    (401) 641-0768

    3 in this area

    80 Total Sales

    Julie Chalue
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1333019

State-Wide MLS

APN: EPRO-000511-000001-000004-000010

Rhode Island Providence County Riverside 02915 Riverside

176 Forbes St, Riverside, RI

Not Listed for Sale

Detached

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