NOT LISTED FOR SALE

48 Beach Point Dr Riverside, RI 02915

Riverside Neighborhood

Estimated Value: $392,069 - $508,000

3 Beds
2 Baths
1,940 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $350,000 $180 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,014/month

28 Days on Market

Highlights

  • Beach Front
  • Attic
  • Cooling System Mounted In Outer Wall Opening
  • Marina
  • Thermal Windows
  • 2-minute walk to Vintner Avenue Playground

About This Home

As of August 2021

Waterfront at Richmond Point, Bullock's Cove, Riverside. Just across the cove from Haines Memorial Park, a short walk to the East Bay Bike Path, Marinas and Boat Launch. There are many possibilities for this property... rental property, live in one unit and rent the other, (or) convert to a single family. No interior pictures, see floor plan.

Suggested minimum offer of $300,000.00. The Seller reserves the right to accept or reject any offer at any time. Cash Buyers Preferred but not required. Property is located in a flood plain.

Neither seller or listing agent make any representations as to the accuracy of any information contained herein. Buyer/buyer agent must conduct their own due diligence, verification(s) and research and are relying solely on the results thereof.

Adjacent property 46 Beach Point Drive, a single family dwelling, is also available. MLS3 1285862

Last Agent to Sell the Property

Sam Butterfield

RE/MAX River's Edge License #RES.0019595 Listed on: 06/18/2021

RE/MAX River's Edge

Last Buyer's Agent

Janet Ellis

Coldwell Banker Realty License #RES.0040646

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,065

Year Built

  • Built in 1930

Lot Details

  • 4,028 Sq Ft Lot
  • Beach Front

Home Design

  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 1,940 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 36
  • Assessor Parcel Number 48BEACHPOINTDREPRO

Community Details

Overview

  • 2 Units
  • Richmond Point Subdivision

Recreation

  • Marina

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,065

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0925
  • Subdivision Name: Richmond Point
  • Above Grade Finished Sq Ft: 1940.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Storage Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Beach Front, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4028.0
  • Parcel #: 48BEACHPOINTDREPRO
  • Zoning: R-4
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5065.0
  • Tax Block: 36
  • Tax Lot: 8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Condon Ann B
Bought by
Ann B Condon T B and Ann Condon
Total Days on Market
28
Current Estimated Value
$456,017

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 16, 2021
Sold by
Betts Curtis R and Johnson Sally
Bought by
Condon Ann B
Seller's Agent
Sam Butterfield
RE/MAX River's Edge
Buyer's Agent
Janet Ellis
Coldwell Banker Realty
List Price
$300,000
Sold Price
$350,000
Premium/Discount to List
$50,000
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Oct 30, 2017
Sold by
Flanders David E and Wilmington Svgs Fund S
Bought by
Betts Curtis R and Johnson Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2011
Sold by
Baril Normand and Baril Diane M
Bought by
Flanders David E and Lyn Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1995
Sold by
Diorio Douglas and Diorio Christine
Bought by
Baril Normand and Baril Diane
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
Ann B Condon T B -- None Available
Ann B Condon T B -- None Available
Condon Ann B $350,000 None Available
Condon Ann B $350,000 None Available
Betts Curtis R $210,000 --
Betts Curtis R $210,000 --
Flanders David E $225,000 --
Flanders David E $225,000 --
Baril Normand $132,000 --
Baril Normand $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Betts Curtis R $157,500
Previous Owner Baril Normand $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $350,000 +16.7% $180 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $300,000 -- $155 / 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 $5,445 $355,200 $152,200 $203,000
2023 $5,243 $355,200 $152,200 $203,000
2022 $5,378 $246,000 $122,000 $124,000
2021 $5,289 $246,000 $122,000 $124,000
2020 $5,065 $246,000 $122,000 $124,000
2019 $4,925 $246,000 $122,000 $124,000
2018 $4,999 $218,500 $121,000 $97,500
2017 $4,888 $218,500 $121,000 $97,500
2016 $5,418 $243,400 $130,100 $113,300
2015 $4,478 $195,100 $77,400 $117,700
2014 $4,478 $195,100 $77,400 $117,700
Source: Public Records

Agents Affiliated with this Home

  • Sam Butterfield

    Seller's Agent in 2021

    Sam Butterfield

    RE/MAX River's Edge

    (401) 245-2000

    4 in this area

    27 Total Sales

    Sam Butterfield
    Section Image
  • Janet Ellis

    Buyer's Agent in 2021

    Janet Ellis

    Coldwell Banker Realty

    (207) 432-8053

    8 in this area

    45 Total Sales

    Janet Ellis
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1285879

State-Wide MLS

APN: EPRO-000513-000036-000008

Rhode Island Providence County Riverside 02915 Riverside

48 Beach Point Dr, Riverside, RI

This home is located at 48 Beach Point Dr, Riverside, RI 02915 since 18 June 2021 and is currently estimated at $456,017, approximately $235 per square foot. This property was built in 1930. 48 Beach Point Dr is a home located in Providence County with nearby schools including East Providence High School, St Luke Elementary School, and Barrington Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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