RENTED AUG 3, 2025

Estimated Value: $413,541

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

Last Sold November 01, 2021

Last sale price $325,000 $370 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,517/month

Highlights

  • Beach Front
  • Water Access
  • Furnished
  • Marina
  • Wood Flooring
  • No HOA

About This Home

As of August 2025

FULLY FURNISHED.......Rarely Available Apartment in a Historic Building on Apponaug Cove. It is regarded as the oldest commercial building in Rhode Island.
"Tide Mill" is a Historic Gem with a fully furnished and comfortable second floor, 2 bedroom apartment w/office, living room, kitchen and a bath w/ shower. There is a lovely electric fireplace in the living room and many windows with a southern exposure for bright and cheery light throughout the apartment. The first floor of the building continues to be commercial space and will house a Financial Office. Previous owner, Kristen Girouard-Zwinzinski, a designer very involved in the historic community was the last owner to update the property while keeping the rich history and period feel in tact. The new owners share the appreciation for the historic property and are excited to carry on the tradition of a business in the building. Additional history and details of the property have been attached.

There is a lovely deck running along the water that will be available to the renter for relaxing and seasonal outdoor dining. The Apponaug Cove leads out to Narragansett Bay to the east and Hardig Brook to the west and is accessible in the back yard for enjoying on paddle board, kayak or canoe. Truly, one of a kind opportunity to enjoy walking to shops, restaurants and listening to the water right where you live. Call for a showing.

Last Agent to Rent the Property

Susan Sarubbi

Residential Properties Ltd. License #RES.0040153 Listed on: 06/19/2025

Last Renter's Agent

Susan Sarubbi

Residential Properties Ltd. License #RES.0040153 Listed on: 06/19/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1850

Lot Details

  • 2,178 Sq Ft Lot
  • Beach Front

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Clapboard

Interior Spaces

  • 878 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Outdoor Grill

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source

Listing and Financial Details

  • Property Available on 6/19/25
  • 12 Month Lease Term
  • Assessor Parcel Number 3351POSTRDWARW

Community Details

Overview

  • No Home Owners Association
  • Appanog Subdivision

Amenities

  • Shops
  • 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
  • Available Date: 2025-06-19
  • Security Deposit: 2250.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.05
  • Subdivision Name: Appanog
  • Above Grade Finished Sq Ft: 878.0
  • Building Name: Tide Mill Building
  • Entry Level: 2
  • Unit Levels: One, Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Year Built: 1850
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Stall Shower, Furnished
  • Living Area: 878.0
  • Stories: 2

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Beach Front, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Barbecue

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Private, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Public Transportation, Restaurant, Shopping
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Hot Water, Laundry Facilities, Parking, Sewer, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 3351POSTRDWARW

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Nov 2, 2021
Sold by
Majada Properties Llc
Bought by
Tide Mill Llc
Seller's Agent
Susan Sarubbi
Residential Properties Ltd.
Buyer's Agent
Susan Sarubbi
Residential Properties Ltd.
Sold Price
$2,150
Current Estimated Value
$413,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,391
Avg. Annual Appreciation
5.89%

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 Prior Sale
08/03/2025 08/03/25 Rented $2,250 0.0% --
06/19/2025 06/19/25 For Rent $2,250 +12.5% --
01/29/2023 01/29/23 Rented $2,000 -9.1% --
12/30/2022 12/30/22 Under Contract -- -- --
11/02/2022 11/02/22 For Rent $2,200 +4.8% --
12/09/2021 12/09/21 For Rent $2,100 -2.3% --
12/09/2021 12/09/21 Rented $2,150 0.0% --
11/01/2021 11/01/21 Sold $325,000 0.0% $93 / Sq Ft View Prior Sale
10/02/2021 10/02/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $325,000 -- $93 / 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 $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: 1387935

State-Wide MLS

APN: WARW-000244-000105-000000