NOT LISTED FOR SALE

289 Riverside Dr Tiverton, RI 02878

Estimated Value: $1,883,000 - $2,132,000

3 Beds
2.5 Baths
2,233 Sq Ft
$890/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $2,000,000 $896 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $12,196/month

13 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Spa
  • Marina
  • Water Access
  • Deck

About This Home

As of April 2024

"A Sailors Dream" is an exquisite waterfront property nestled on the shores of the Sakonnet River, with panoramic westerly views of the Tiverton Basin/Mount Hope Bay and beyond. Deep-water dock, ideal for boats of varying sizes with access to marinas. This custom-built home features 3 bedrooms and 2.5 baths spanning 2,133 sq.ft., with an additional 1,400 sq.ft. of outdoor living areas, incl. a screened porch, multi-level decks, and patios. Its distinctive architectural design evokes the sensation of being aboard a boat, with sunlight-filled spaces and panoramic water views from every room. Gorgeous private lot with perennial gardens, mature trees, featuring a charming brick path leading to a cozy cottage with wood stove. This versatile space presents endless possibilities, whether utilized as an art studio, guest quarters, or sanctuary. The location is ideal for kayaking, boating, paddle boarding, fishing, swimming or simply watching regattas and boats slowly pass by. The property seamlessly combines seaside living with accessibility to urban amenities. Minutes from yacht club, bike path, marinas, fine dining, sandy beaches, golf, farmstands, & Historic Tiverton Four Corners. Easy access to highway, 30 min. to Providence/Newport; 1 hour to Boston. Discover the serenity and splendor, where each day unfolds as a cherished vacation retreat, with its unparalleled blend of entertainment, relaxation, and coastal ambiance. This residence epitomizes the essence of waterfront living

Last Agent to Sell the Property

Renee Welchman

Compass / Lila Delman Compass License #REB.0018840 Listed on: 03/21/2024

Compass / Lila Delman Compass

Last Buyer's Agent

Grace Cimo

Gustave White Sotheby's Realty License #RES.0031199

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,142

Year Built

  • Built in 1985

Lot Details

  • 5,227 Sq Ft Lot
  • Beach Front
  • Property is zoned R40

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Cottage
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Thermal Windows
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 196
  • Assessor Parcel Number 289RIVERSIDEDRTIVR

Community Details

Overview

  • Riverside / Stonebridge Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,142

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Inclusions: Generator Hookup, no generator on site Studio has stove and electric In a perfect world the Seller would like option to rent back for a week in June
  • Subdivision Name: Riverside / Stonebridge
  • Above Grade Finished Sq Ft: 2133.0
  • Architectural Style: Cabin/Cottage, Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 100.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Living Area: 2233.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Balcony, Deck, Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck, Patio, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Security: Security System Leased, Security System Owned
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 289RIVERSIDEDRTIVR
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11142.0
  • Tax Lot: 196
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 26, 2024
Sold by
Mocarski Thadeus
Bought by
Klanian Peter J and Klanian Kisten D
Seller's Agent
Renee Welchman
Compass / Lila Delman Compass
Buyer's Agent
Grace Cimo
Gustave White Sotheby's Realty
List Price
$1,850,000
Sold Price
$2,000,000
Premium/Discount to List
$150,000
8.11%
Total Days on Market
13
Views
78
Current Estimated Value
$1,986,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,112
Avg. Annual Appreciation
-0.60%
Original Mortgage
$1,400,000
Outstanding Balance
$1,386,335
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$600,553

Purchase Details

Closed on
Nov 17, 2006
Sold by
Giroux Paul J
Bought by
Holland Michael and Holland Margaret U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Klanian Peter J $2,000,000 None Available
Klanian Peter J $2,000,000 None Available
Holland Michael $940,000 --
Holland Michael $940,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klanian Peter J $1,400,000
Closed Klanian Peter J $1,400,000
Previous Owner Giroux Paul J $705,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $2,000,000 +8.1% $896 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $1,850,000 +150.0% $828 / Sq Ft
04/01/2016 04/01/16 Sold $740,000 -17.3% $373 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
04/01/2015 04/01/15 For Sale $895,000 -- $451 / 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 $12,510 $1,132,100 $609,600 $522,500
2023 $11,142 $747,800 $460,800 $287,000
2022 $10,940 $747,800 $460,800 $287,000
2021 $10,671 $747,800 $460,800 $287,000
2020 $11,058 $683,000 $453,300 $229,700
2019 $10,785 $683,000 $453,300 $229,700
2018 $11,194 $683,000 $453,300 $229,700
2017 $12,209 $640,900 $453,300 $187,600
2016 $12,267 $640,900 $453,300 $187,600
2015 $12,267 $640,900 $453,300 $187,600
2014 $12,790 $662,700 $453,300 $209,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1354984

State-Wide MLS

APN: TIVE-000302-000000-000196