NOT LISTED FOR SALE

Estimated Value: $567,419 - $760,000

3 Beds
1 Bath
1,351 Sq Ft
$471/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $505,000 $374 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,812/month

9 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Water Views
  • Water Access
  • Wood Flooring

About This Home

As of June 2022

Experience the remarkable west facing sunsets and cool bay breeze with water views of Narragansett Bay while living year-round, or part-time, in this renovated one level home located in Riverside's desirable neighborhood: Narragansett Terrace. This retreat property was improved with easy living in mind, having newer vinyl siding, expansive gravel circle driveway for extra parking and fenced yard with storage shed. As you arrive, the sprawling composite deck with pergola over the seating area makes your outdoor dining dreams come true! This naturally lit 3 bed, 1 bath property features an open plan with water views through the oversized front windows, gorgeous Brazilian cherry flooring, young ductless ac units and high efficiency Navien gas boiler. The tastefully updated kitchen with island includes all appliances, plus washer/dryer in separate laundry room. Take advantage of this rare opportunity as a primary residence or as a fantastic second home option. Enjoy a short walk to the neighborhood's own private beach and lookout point, or to the nationally historic Crescent Park Carousel built by Charles I.D. Looff in 1895, Rose Larisa Park, the East Bay Bike Path, and highway access to all points. Enjoy other amenities nearby including Riverside library, Union Burrito, Borealis Coffee, and Sabin Point Park with boat launch. Homes in this area rarely go up for sale. Call today! Final and best offers due by Monday, April 25th.

Last Agent to Sell the Property

Heather Feid

William Raveis Inspire License #RES.0043166 Listed on: 04/18/2022

William Raveis Inspire

Last Buyer's Agent

Tyler Cote

Cote Partners Realty LLC License #REB.0019751

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1920

Lot Details

  • 7,000 Sq Ft Lot
  • Fenced

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,351 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Thermal Windows
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Outdoor Grill

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 003 / 02
  • Assessor Parcel Number 258TERRACEAVEPRO

Community Details

Overview

  • Riverside Terrace Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,600

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1607
  • Inclusions: Buyer & buyer's agent are responsible to complete all due diligence as this information is not to be relied on entirely.
  • Subdivision Name: Riverside Terrace
  • Above Grade Finished Sq Ft: 1351.0
  • Architectural Style: Cabin/Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Accessibility Features: Other
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower, Cable TV
  • Living Area: 1351.0
  • Stories: 1
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Barbecue
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 258TERRACEAVEPRO
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4600.0
  • Tax Block: 02
  • Tax Lot: 003
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2017
Sold by
Machado Armando M
Bought by
Miller Mary E and Miller Charles J
Current Estimated Value
$636,105

Purchase Details

Closed on
Apr 13, 2007
Sold by
Wallenburg Ronald and Wallenburg Janice
Bought by
Machedo Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,200
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Miller Mary E $225,000 --
Machedo Armando $236,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Machedo Armando $224,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $505,000 +6.3% $374 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $475,000 -- $352 / 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 $5,542 $424,000 $140,900 $283,100
2024 $5,827 $380,100 $117,400 $262,700
2023 $5,610 $380,100 $117,400 $262,700
2022 $4,884 $223,400 $89,600 $133,800
2021 $4,803 $223,400 $89,600 $133,800
2020 $4,600 $223,400 $89,600 $133,800
2019 $4,472 $223,400 $89,600 $133,800
2018 $4,613 $201,600 $99,200 $102,400
2017 $4,510 $201,600 $99,200 $102,400
2016 $4,169 $187,300 $99,200 $88,100
2015 $3,642 $158,700 $76,600 $82,100
2014 $3,642 $158,700 $76,600 $82,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1307815

State-Wide MLS

APN: EPRO-000415-000002-000003