NOT LISTED FOR SALE

23 Prospect St Tiverton, RI 02878

Estimated Value: $532,000 - $745,000

3 Beds
2.5 Baths
1,392 Sq Ft
$482/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $595,000 $427 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,155/month

37 Days on Market

Highlights

  • Water Views
  • Attic
  • Recreation Facilities
  • Wood Flooring
  • Cottage
  • Bathtub with Shower

About This Home

As of July 2022

This beautiful completely renovated Coastal Home retains the old charm of a 1900's Victorian Cottage while including all the modern conveniences. The front deck has seating for the distant sunset views over the Sakonnet River and Mt Hope Bridge. A turnkey home with an open floor plan from the bright and sunny living room to the renovated kitchen right out to the rear deck for all your outdoor family entertaining. Bonus area on first floor: computer area for work at home convenience and a laundry room. Custom touches refinished hardwoods; wainscoting and crown molding, tile in baths and kitchen and electric fireplace. New additions include a custom mudroom, central air, oil burner, hot water tank (connected to public water), 2.5 new baths, windows, doors, bathroom fixtures, light fixtures, fresh paint, newer roof, vinyl cedar shakes on exterior, new septic and new connection for public water. The home is truly move in ready and low maintenance. Enjoy amazing sunsets and vacation at your home year-round! The Cottage on Prospect is close to all attractions yet tucked away on a private road with a grassy back yard that is mostly fenced in. Located at the gateway of Tiverton near Rt 24; minutes to beaches, Tiverton Yacht Club, boat ramp, Boat House, bike path, marina, restaurants and shopping. Just 1 hour to Boston, 25 minutes to Providence, 20 minutes to Newport, 10 minutes to Bristol's finest restaurants and shopping.

Last Agent to Sell the Property

Cris Offenberg

Cristina M. Offenberg License #REB.0015754 Listed on: 06/14/2022

Last Buyer's Agent

Jim Sabra

Equity Real Estate, Inc. License #REB.0014753

Equity Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,524

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R40

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,392 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Tax Lot 259
  • Assessor Parcel Number 23PROSPECTSTTIVR

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,524

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Inclusions: Prospect Street is a private road and the owners of 23 Prospect have filed an adverse possession to take over ownership of the private street and will execute a private road maintenance and easement with abutting homes.
  • Above Grade Finished Sq Ft: 1392.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Bathtub, Tub Shower
  • Living Area: 1392.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • View: Water
  • View: Yes
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 23PROSPECTSTTIVR
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3524.37
  • Tax Lot: 259
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Prospect Investments Llc
Bought by
Lowney Zachary X and Emmons Jason P
Current Estimated Value
$670,617

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 29, 2022
Sold by
Prospect Investments Llc
Bought by
Lowney Zachary X
Seller's Agent
Cris Offenberg
Cristina M. Offenberg
Buyer's Agent
Jim Sabra
Equity Real Estate, Inc.
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$476,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 31, 2020
Closed on
Mar 27, 2021
Sold by
Dias Kevin L and Dias Angie M
Bought by
Pacific Premier T
Seller's Agent
Mathew Arruda
Compass
Buyer's Agent
Cris Offenberg
Cristina M. Offenberg
List Price
$279,900
Sold Price
$220,000
Premium/Discount to List
-$59,900
-21.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.12%

Purchase Details

Listed on
Dec 31, 2020
Closed on
Mar 26, 2021
Sold by
Dias Kevin L and Dias Angie M
Bought by
Pacific Premier T
Seller's Agent
Mathew Arruda
Compass
Buyer's Agent
Cris Offenberg
Cristina M. Offenberg
List Price
$279,900
Sold Price
$220,000
Premium/Discount to List
-$59,900
-21.4%

Purchase Details

Closed on
Oct 31, 2017
Sold by
Donna L Langello Ret and Langello
Bought by
Dias Kevin L and Dias Angie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.78%
Mortgage Type
New Conventional
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
Lowney Zachary X -- None Available
Lowney Zachary X $595,000 None Available
Pacific Premier T -- None Available
Pacific Premier T $110,000 None Available
Dias Kevin L $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowney Zachary X $476,000
Previous Owner Dias Kevin L $108,000
Previous Owner Donna L Langello Ret $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $595,000 0.0% $427 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $595,000 +170.5% $427 / Sq Ft
03/26/2021 03/26/21 Sold $220,000 -21.4% $126 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $279,900 -- $160 / 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 $5,410 $489,600 $117,600 $372,000
2023 $5,194 $348,600 $84,900 $263,700
2022 $3,524 $240,900 $84,900 $156,000
2021 $3,152 $220,900 $84,900 $136,000
2020 $2,234 $138,000 $76,300 $61,700
2019 $2,179 $138,000 $76,300 $61,700
2018 $2,262 $138,000 $76,300 $61,700
2017 $2,995 $157,200 $73,800 $83,400
2016 $3,009 $157,200 $73,800 $83,400
2015 $3,009 $157,200 $73,800 $83,400
2014 $2,692 $139,500 $70,800 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1312629

State-Wide MLS

APN: TIVE-000302-000000-000259