NOT LISTED FOR SALE

48 Summit Ave Tiverton, RI 02878

Estimated Value: $482,000 - $674,908

7 Beds
3 Baths
3,885 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 30, 2012

Last sale price $254,000 $65 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,925/month

133 Days on Market

Highlights

  • Water Views
  • Water Access
  • Private Lot
  • Tiverton High School Rated 9+
  • 1.37 Acre Lot
  • 5-minute walk to Fort Barton Woods & Revolutionary War Redoubt

About This Home

As of June 2012

Location~Location!! Great buy for this 3 family home with spectacular WATERviews! Seperate utilites, new furnace, 3 new oil tanks, newer septic, first floor roof~NEW.Over an ACRE of land with circular driveway.Detached two car GARAGE.Walk up attic.

Last Agent to Sell the Property

Maureen Mills

Keller Williams Coastal License #RES.0030211 Listed on: 01/18/2012

Keller Williams Coastal

Last Buyer's Agent

Shirley Mello

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 1.37 Acre Lot
  • Private Lot
  • Secluded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,885 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Storage Room
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 48SUMMITAVTIVR

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Stonebridge Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.37
  • Subdivision Name: STONEBRIDGE
  • Above Grade Finished Sq Ft: 3885.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1880
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Interior Steps
  • Living Area: 3885.0
  • Dining Room Type: Storage Room
  • Stories: 2

Exterior Features

  • Lot Features: Multiple lots, Private, Secluded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Separate Meters
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 59677.0
  • Parcel #: 48SUMMITAVTIVR

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7132.0
  • Tax Lot: 2
  • Tax Year: 2011

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2012 06/30/12 Sold $254,000 -11.5% $65 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $287,000 -- $74 / 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 $9,756 $882,900 $258,200 $624,700
2024 $9,756 $882,900 $258,200 $624,700
2023 $8,222 $551,800 $216,600 $335,200
2022 $8,073 $551,800 $216,600 $335,200
2021 $7,874 $551,800 $216,600 $335,200
2020 $6,974 $441,700 $175,000 $266,700
2019 $6,974 $441,700 $175,000 $266,700
2018 $7,315 $441,700 $175,000 $266,700
2017 $7,340 $385,300 $150,400 $234,900
2016 $7,375 $385,300 $150,400 $234,900
2015 $7,375 $385,300 $150,400 $234,900
2014 $6,759 $350,200 $150,400 $199,800
Source: Public Records

Agents Affiliated with this Home

  • Maureen Mills

    Seller's Agent in 2012

    Maureen Mills

    Keller Williams Coastal

    (401) 578-9001

    4 in this area

    45 Total Sales

    Maureen Mills
    Section Image

  • S

    Buyer's Agent in 2012

    Shirley Mello

    RE/MAX Profnl. Newport, Inc.

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1008656

State-Wide MLS

APN: TIVE-000305-000000-000173

Rhode Island Newport County Tiverton 02878

48 Summit Ave, Tiverton, RI

Not Listed for Sale

MultiFamily

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