NOT LISTED FOR SALE

5 West Ave Tiverton, RI 02878

Estimated Value: $811,000 - $959,000

2 Beds
2 Baths
2,686 Sq Ft
$336/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $750,000 $279 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,388/month

115 Days on Market

Highlights

  • Marina
  • Water Views
  • Contemporary Architecture
  • Tiverton High School Rated 9+
  • Beach Access
  • Wooded Lot

About This Home

As of November 2022

This glamorous contemporary perched high on the hill offers River breezes and distant water views throughout the year. This neighborhood- Stone Bridge - has always been a popular destination as it is attractive for all lifestyles. Nearby Grinnell's Beach is not only a beautiful sandy beach but has excellent windsurfing opportunities, changing rooms, showers and a playground. Fort Barton Woods and Highland Woods are close by. Tiverton Four Corners is another local destination and on the way be tempted by the local charming restaurants, coffee shops, art studios and essential businesses. 5 West Avenue has a dramatic roof line shaped like the prow of a ship - so appropriate for a home overlooking the Sakonnet River. Lining the informal stone walkways that surround the home is a green garden and to add a more formal element blue stone steps lead up to the front door. The house has contemporary accents inside - the custom zig zag railing of the second-floor railing, the light fixtures, door hardware etc. The great room has the wow factor with a 25 ft high ceiling a gas fireplace, stunning light fixture, double sliders to a sunroom- a perfect sanctuary/home office. There is a guest bedroom and dining room/ or study. The second-floor primary bedroom has an en suite bathroom with Mandala tub and frameless glass enclosed shower. Take your morning coffee and sit on the east facing deck off the bedroom. There is a lower level for extra living space, automobiles, and storage.

Last Agent to Sell the Property

Michelle Drum

Gustave White Sotheby's Realty License #REB.0013061 Listed on: 07/30/2022

Gustave White Sotheby's Realty

Co-Listed By

Bridget Torrey

Gustave White Sotheby's Realty License #REB.0016962

Last Buyer's Agent

Johanna Mulholland

Residential Properties Ltd. License #RES.0047321

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,472

Year Built

  • Built in 1975

Lot Details

  • 0.53 Acre Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Property is zoned R40

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Balcony
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 5WESTAVTIVR

Community Details

Overview

  • Stone Bridge Neighborhood Subdivision

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,472

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.53
  • Co List Office Mls Id: GUST02
  • Co List Office Phone: 401-816-4060
  • Subdivision Name: Stone Bridge Neighborhood
  • Above Grade Finished Sq Ft: 2173.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 513.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 2686.0
  • Dining Room Type: Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Paved, Wooded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
  • Construction Type: Clapboard, Wood Siding
  • Exterior Features: Balcony, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Ductless, Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Individual, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23087.0
  • Parcel #: 5WESTAVTIVR
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4472.0
  • Tax Lot: 121
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Nov 23, 2022
Sold by
Hogan Ann E
Bought by
Torres Otilio and Spezzano Robert J
Seller's Agent
Michelle Drum
Gustave White Sotheby's Realty
Buyer's Agent
Johanna Mulholland
Residential Properties Ltd.
List Price
$895,000
Sold Price
$750,000
Premium/Discount to List
-$145,000
-16.2%
Views
143
Current Estimated Value
$901,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,283
Avg. Annual Appreciation
6.68%
Original Mortgage
$250,000
Outstanding Balance
$242,675
Interest Rate
7.08%
Mortgage Type
VA
Estimated Equity
$658,608

Purchase Details

Closed on
Jun 1, 2009
Sold by
Banahan William and Banahan Lillian
Bought by
Fairbairn Janet A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,653
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Torres Otilio $750,000 None Available
Fairbairn Janet A $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Otilio $250,000
Previous Owner Fairbairn Janet A $287,500
Previous Owner Fairbairn Janet A $299,653
Previous Owner Fairbairn Janet A $131,309
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $750,000 0.0% $279 / Sq Ft
10/06/2022 10/06/22 Price Changed $750,000 -9.1% $279 / Sq Ft
09/11/2022 09/11/22 Price Changed $825,000 -2.4% $307 / Sq Ft
08/07/2022 08/07/22 Price Changed $845,000 -5.6% $315 / Sq Ft
07/30/2022 07/30/22 For Sale $895,000 +7.8% $333 / Sq Ft
04/18/2022 04/18/22 Sold $830,000 +10.8% $307 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $749,000 -- $277 / 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 $7,548 $683,100 $226,200 $456,900
2024 $7,548 $683,100 $226,200 $456,900
2023 $6,201 $416,200 $183,300 $232,900
2022 $5,984 $409,000 $169,700 $239,300
2021 $4,729 $331,400 $169,700 $161,700
2020 $4,681 $289,100 $158,500 $130,600
2019 $4,565 $289,100 $158,500 $130,600
2018 $4,738 $289,100 $158,500 $130,600
2017 $5,084 $266,900 $158,500 $108,400
2016 $5,108 $266,900 $158,500 $108,400
2015 $5,108 $266,900 $158,500 $108,400
2014 $5,236 $271,300 $158,500 $112,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1316751

State-Wide MLS

APN: TIVE-000304-000000-000121