NOT LISTED FOR SALE

2521 Main Rd Tiverton, RI 02878

South Tiverton Neighborhood

Estimated Value: $933,000 - $1,093,000

2 Beds
2 Baths
1,344 Sq Ft
$757/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $275,000 $205 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $6,166/month

34 Days on Market

Highlights

  • Beach Front
  • Marina
  • 2.9 Acre Lot
  • Tiverton High School Rated 9+
  • Barn
  • Deck

About This Home

As of July 2019

Awesome 3 acre waterfront lot on Nanaquaket Pond. House has newer roof but needs rehab. Cesspool unlikely to pass an inspection and will need to be replaced. There are hardwoods throughout the first floor. There is a 15 x 20 barn and 10 x 12 shed. Seller looking for cash offers or construction/rehab loans, conventional financing will not be possible. Being sold "as is."

Last Agent to Sell the Property

David Splaine

RE/MAX Professionals License #RES.0028076 Listed on: 05/08/2019

RE/MAX Professionals

Last Buyer's Agent

James Holland

T. L. Holland Agency License #REB.0014814

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 2.9 Acre Lot
  • Beach Front
  • Property is zoned R-80

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Outbuilding

Farming

  • Barn

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 2521MAINRDTIVR

Community Details

Overview

  • Nanaquaket Subdivision

Recreation

  • Marina

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.9
  • Subdivision Name: Nanaquaket
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1344.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 126324.0
  • Parcel #: 2521MAINRDTIVR
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7997.0
  • Tax Lot: 101
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jul 2, 2019
Sold by
Ferreira Joann K
Bought by
Sylvia Leon J
Seller's Agent
David Splaine
RE/MAX Professionals
Buyer's Agent
James Holland
T. L. Holland Agency
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Current Estimated Value
$1,017,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$742,127
Avg. Annual Appreciation
23.40%
Original Mortgage
$175,000
Outstanding Balance
$153,567
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$863,560

Purchase Details

Closed on
Feb 27, 1995
Sold by
Rocha Daniel B and Rocha Ann
Bought by
Ferreira Joann K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.17%
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
Sylvia Leon J $275,000 --
Ferreira Joann K $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylvia Leon J $175,000
Previous Owner Ferreira Joann K $101,500
Previous Owner Ferreira Joann K $84,500
Previous Owner Ferreira Joann K $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $275,000 -15.4% $205 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $325,000 -- $242 / 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 $9,276 $839,500 $452,400 $387,100
2024 $9,276 $839,500 $452,400 $387,100
2023 $6,571 $441,000 $203,600 $237,400
2022 $6,418 $438,700 $203,600 $235,100
2021 $5,257 $368,400 $203,600 $164,800
2020 $7,899 $487,900 $327,300 $160,600
2019 $7,704 $487,900 $327,300 $160,600
2018 $7,997 $487,900 $327,300 $160,600
2017 $8,506 $446,500 $327,300 $119,200
2016 $8,546 $446,500 $327,300 $119,200
2015 $8,544 $446,400 $327,300 $119,100
2014 $8,754 $453,600 $327,300 $126,300
Source: Public Records

Agents Affiliated with this Home

  • David Splaine

    Seller's Agent in 2019

    David Splaine

    RE/MAX Professionals

    (401) 465-6996

    105 Total Sales

    David Splaine
    Section Image

  • J

    Buyer's Agent in 2019

    James Holland

    T. L. Holland Agency

    (401) 640-5545

    19 in this area

    77 Total Sales

    James Holland
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1222860

State-Wide MLS

APN: TIVE-000409-000000-000101

Rhode Island Newport County Tiverton 02878 South Tiverton

2521 Main Rd, Tiverton, RI

This home is located at 2521 Main Rd, Tiverton, RI 02878 since 08 May 2019 and is currently estimated at $1,017,127, approximately $756 per square foot. This property was built in 1950. 2521 Main Rd is a home located in Newport County with nearby schools including Tiverton High School.

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