NOT LISTED FOR SALE

Estimated Value: $413,541

2 Beds
1 Bath
878 Sq Ft
$471/Sq Ft Est. Value

Highlights

  • Marina
  • River Access
  • Furnished
  • Water Views
  • Wood Flooring
  • No HOA

About This Home

As of March 2024

Tide Mill is consider the oldest commercial building in Rhode Island. Located in Apponaug Cove, this historic building offers a water view with an updated, fully furnished (landlord may consider removing furnishings) second floor, 2 bedroom apartment with office, living room, kitchen and a bath w/shower. There is an electric fireplace in the living room and many windows providing a ton of natural light throughout the apartment. The first floor is a commercial space occupied by the Owner/Landlord. Rent includes water, sewer, 1 tenant parking space in lot next door, trash and snow removal. The unit has a fully equipped kitchen, in unit Washer and Dryer, and outdoor furniture/grill (not available in winter). No pets. No smoking.

Last Agent to Rent the Property

Kerri Hunsberger

RI Real Estate Services License #RES.0047456 Listed on: 01/25/2024

RI Real Estate Services

Last Renter's Agent

Kerri Hunsberger

RI Real Estate Services License #RES.0047456 Listed on: 01/25/2024

RI Real Estate Services

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1850

Lot Details

  • 2,222

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 878 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • River Access
  • Outdoor Grill

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 2/15/24
  • Tenant pays for hot water
  • 12 Month Lease Term
  • Assessor Parcel Number 3351POSTRD1WARW

Community Details

Overview

  • No Home Owners Association
  • Apponaug Subdivision

Amenities

  • Restaurant
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1850

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Hot Water
  • Available Date: 2024-02-15
  • Security Deposit: 2250.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Apponaug
  • Above Grade Finished Sq Ft: 878.0
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Year Built: 1850
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Private Entry
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 878.0
  • Stories: 2

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: River Access
  • Exterior Features: Barbecue

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Public Transportation, Restaurant
  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Common Area Maintenance, Gardener, Laundry Facilities, Parking, Snow Removal, Trash Collection, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 3351POSTRD1WARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2021
Sold by
Majada Properties Llc
Bought by
Tide Mill Llc
Current Estimated Value
$413,541

Purchase Details

Closed on
Sep 14, 2016
Sold by
Tide Mill Llc
Bought by
Majada Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2010
Sold by
Morris Robert Sterling
Bought by
Tide Mill Llc
Source: Public Records
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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
Tide Mill Llc $325,000 None Available
Majada Properties Llc $175,000 --
Tide Mill Llc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Majada Properties Llc $131,250
Previous Owner Tide Mill Llc $150,000
Previous Owner Tide Mill Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2024 03/23/24 Rented $2,250 0.0% --
03/20/2024 03/20/24 Under Contract -- -- --
01/25/2024 01/25/24 For Rent $2,250 -- --
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 $4,248 $334,500 $45,400 $289,100
2024 $0 $274,500 $49,300 $225,200
2023 $0 $274,500 $49,300 $225,200
2022 $0 $222,600 $35,500 $187,100
2021 $4,056 $176,500 $35,500 $141,000
2020 $0 $176,500 $35,500 $141,000
2019 $0 $176,500 $35,500 $141,000
2018 $3,439 $113,500 $33,300 $80,200
2017 $4,056 $113,500 $33,300 $80,200
2016 $4,056 $113,200 $33,300 $79,900
2015 $4,056 $130,300 $48,100 $82,200
2014 $3,921 $130,300 $48,100 $82,200
2013 $3,867 $130,300 $48,100 $82,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1351654

State-Wide MLS

APN: WARW-000244-000105-000000