NOT LISTED FOR SALE

25 Watermark Dr Tiverton, RI 02878

Estimated Value: $1,094,656 - $1,230,000

3 Beds
3.5 Baths
2,450 Sq Ft
$479/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $725,000 $296 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,721/month

85 Days on Market

Highlights

  • Marina
  • Beach Access
  • In Ground Pool
  • Water Views
  • Golf Course Community
  • Active Adult

About This Home

As of September 2020

Outstanding opportunity to live on one of our most sought after locations at The Villages. Watermark Drive is perched over 100 feet above sea level on the north end of the property, perfectly positioned to enjoy the expansive views of Mount Hope Bay yet close to the waterfront. This Sakonnet style townhome is loaded with sunlight and has been meticulously maintained. The home is thoughtfully designed for one level living with plenty of sleeping and living space upstairs for extended family and friends. The daylight walkout lower level is fully plumbed and offers additional space to expand for entertaining, home office, hobby rooms, guest rooms or live in help. The Villages on Mt Hope Bay is Newport County's only 55+ waterfront community offering numerous social, athletic and interactive activities. While you won't get tired of watching those postcard-worthy sunsets from your deck; Residents also enjoy weekly poolside get togethers, book clubs, mahjong, canasta, tennis, pickle ball, golf outings, garden clubs, trivia nights, model yacht sailing regattas, water aerobics, just to name a few. Professionally managed and run bu a BOD that are vested homeowners, our community is conveniently located off of RT 24 with easy access to Providence, Boston and a short drive to Newport or Bristol. Very easy to show.

Last Agent to Sell the Property

Bridget Torrey

Gustave White Sotheby's Realty License #REB.0016962 Listed on: 05/22/2020

Gustave White Sotheby's Realty

Last Buyer's Agent

Bridget Torrey

Gustave White Sotheby's Realty License #REB.0016962 Listed on: 05/22/2020

Gustave White Sotheby's Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,592

Year Built

  • Built in 2006

HOA Fees

  • $744 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,450 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Sprinkler System
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 76 / 102
  • Assessor Parcel Number 25WATERMARKDRTIVR

Community Details

Overview

  • Active Adult
  • 200 Units
  • Villages On Mount Hope Bay Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,592

Year Built

Built in 2006

Lot Details

0

HOA Fees

$744 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Villages on Mount Hope Bay
  • Above Grade Finished Sq Ft: 2450.0
  • Building Name: Villages on Mount Hope Bay
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Carpet
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 2450.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: Sprinkler System
  • Pool Features: In Ground, Community
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Plaster, Clapboard
  • Exterior Features: Deck, Porch, Sprinkler/Irrigation, Paved Driveway, Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: Yes
  • Amenities: Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee: 744.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 25WATERMARKDRTIVR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 200

Tax Info

  • Tax Annual Amount: 9592.0
  • Tax Block: 102
  • Tax Lot: 76
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Sep 8, 2020
Sold by
David Cochran Ret
Bought by
Poirier Priscilla B
Seller's Agent
Bridget Torrey
Gustave White Sotheby's Realty
Buyer's Agent
Bridget Torrey
Gustave White Sotheby's Realty
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Current Estimated Value
$1,172,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,664
Avg. Annual Appreciation
9.95%
Original Mortgage
$510,000
Outstanding Balance
$451,752
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$720,912

Purchase Details

Closed on
Nov 29, 2017
Sold by
David Cochran Ret
Bought by
Lani J Evans Ret

Purchase Details

Closed on
Jul 28, 2014
Sold by
Mcteague Emmett and Mcteague Barbara
Bought by
David Cochran Ret and Evans Lani J
Source: Public Records

Range of Values:

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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
Poirier Priscilla B $725,000 None Available
Lani J Evans Ret -- --
David Cochran Ret $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poirier Priscilla B $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $725,000 -3.2% $296 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $749,000 -- $306 / 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 $9,121 $825,400 $0 $825,400
2024 $9,121 $825,400 $0 $825,400
2023 $9,198 $617,300 $0 $617,300
2022 $9,031 $617,300 $0 $617,300
2021 $8,809 $617,300 $0 $617,300
2020 $9,780 $604,100 $0 $604,100
2019 $9,539 $604,100 $0 $604,100
2018 $9,901 $604,100 $0 $604,100
2017 $10,979 $576,300 $0 $576,300
2016 $11,030 $576,300 $0 $576,300
2015 $10,908 $569,900 $0 $569,900
2014 $9,694 $502,300 $0 $502,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1254465

State-Wide MLS

APN: TIVE-000119-000102-000076