NOT LISTED FOR SALE

Estimated Value: $3,555,000 - $4,196,000

5 Beds
4.5 Baths
4,794 Sq Ft
$807/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $2,850,000 $594 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $23,063/month

17 Days on Market

Highlights

  • Marina
  • Water Views
  • River Access
  • Portsmouth High School Rated A-
  • Golf Course Community
  • 1.15 Acre Lot

About This Home

As of March 2022

Stunning curb appeal from this wonderfully appointed, brand NEW construction home, majestically set high above the Sakonnet River. Enjoy clear, unobstructed views of Tiverton and Little Compton, while catching both sunrise AND sunset, from this eastward facing luxury home. Enjoy the scenery from the thoughtfully placed balconies on the exterior, or witness the constantly evolving light through the oversized windows strategically placed to maximize the view. No expense was spared in the finishes included in this home, with intricate woodwork enhancing the coastal aesthetic appeal of each room, including the coffered ceilings in the living room. High-end Thermador appliances and a fully equipped wet bar highlight the kitchen, while other detailed additions such as the spacious mudroom and second floor laundry are also featured. Minutes from the beaches of Newport, or the bussle of Thames Street, this magnificent location offers the feel of a year-round home, with the convenience of a beach home. Come enhance your lifestyle, call today.

Last Agent to Sell the Property

Justin Mandese

Real Broker, LLC License #REC.0019744 Listed on: 01/18/2022

Real Broker, LLC

Last Buyer's Agent

David Travers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,088

Year Built

  • Built in 2022

Lot Details

  • 1.15 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 4,794 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Stone Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • River Access
  • Walking Distance to Water
  • Balcony
  • Patio

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block G / 5
  • Assessor Parcel Number 433VANDERBILTLANEPORT

Community Details

Overview

  • Sakonnet Bluffs Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,088

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1478
  • Subdivision Name: Sakonnet Bluffs
  • Above Grade Finished Sq Ft: 4794.0
  • Architectural Style: Cabin/Cottage, Contemporary, Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Attic, Wet Bar, Permanent Attic Stairs, Tub Shower
  • Living Area: 4794.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: Cul-De-Sac, Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: River Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Patio

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: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, 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: 50000.0
  • Parcel #: 433VANDERBILTLANEPORT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7088.0
  • Tax Block: 5
  • Tax Lot: G
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 7, 2022
Sold by
Vanderbilt Rlty Hldg Inc
Bought by
Pavao Matthew and Pavao Erin E
Seller's Agent
Justin Mandese
Real Broker, LLC
Buyer's Agent
David Travers
List Price
$2,900,000
Sold Price
$2,850,000
Premium/Discount to List
-$50,000
-1.72%
Current Estimated Value
$3,718,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$868,259
Avg. Annual Appreciation
6.80%
Original Mortgage
$2,280,000
Outstanding Balance
$2,151,960
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,424,544

Purchase Details

Closed on
Nov 11, 2020
Sold by
Borkowski Robert and Borkowski Margaret M
Bought by
Vanderbilt Rlty Hldg Inc
Source: Public Records

Range of Values:

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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
Pavao Matthew $2,850,000 None Available
Vanderbilt Rlty Hldg Inc $435,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavao Matthew $2,280,000
Previous Owner Vanderbilt Rlty Hldg Inc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $2,850,000 -1.7% $594 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $2,900,000 -- $605 / 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 $33,642 $2,552,500 $583,700 $1,968,800
2023 $32,621 $2,552,500 $583,700 $1,968,800
2022 $7,162 $460,300 $460,300 $0
2021 $7,047 $460,300 $460,300 $0
2020 $6,937 $460,300 $460,300 $0
2019 $7,395 $450,900 $450,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1301664

State-Wide MLS

APN: 59/ 5/A / /