Seller's Agent in 2022
Michelle Drum
Gustave White Sotheby's Realty
(401) 265-3423
1 in this area
66 Total Sales
5 West Ave Tiverton, RI 02878
Tiverton NeighborhoodEstimated Value: $819,000 - $884,000
2
Beds
2
Baths
2,686
Sq Ft
$315/Sq Ft
Est. Value
Highlights
- Marina
- Beach Access
- Wooded Lot
- Water Views
- Contemporary Architecture
- Marble Flooring
About This Home
As of November 2022This 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 Listed By
Gustave White Sotheby's Realty License #REB.0013061 Listed on: 07/30/2022
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
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%
Total Days on Market
115
Views
143
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,170
Avg. Annual Appreciation
5.00%
Original Mortgage
$250,000
Outstanding Balance
$244,350
Interest Rate
7.08%
Mortgage Type
VA
Estimated Equity
$600,820
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | Banahan William | $287,500 | |
| Previous Owner | Banahan William | $299,653 | |
| Previous Owner | Banahan William | $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
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 | $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
-
Michelle Drum
-
Phyllis Ibbotson
Seller's Agent in 2022
Phyllis Ibbotson
Mott & Chace Sotheby's Intl.
(401) 297-8450
8 in this area
43 Total Sales
-
Bridget Torrey
Seller Co-Listing Agent in 2022
Bridget Torrey
Gustave White Sotheby's Realty
(401) 575-6522
55 in this area
88 Total Sales
-
Johanna Mulholland
Buyer's Agent in 2022
Johanna Mulholland
Residential Properties Ltd.
(401) 474-0587
1 in this area
28 Total Sales
-
Kevin Fox
Buyer's Agent in 2022
Kevin Fox
Compass / Lila Delman Compass
(401) 688-5556
1 in this area
209 Total Sales
Map
Similar Homes in Tiverton, RI
Source: State-Wide MLS
MLS Number: 1316751
APN: TIVE-000304-000000-000121
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