NOT LISTED FOR SALE

50 Shannon Ave Tiverton, RI 02878

Estimated Value: $494,000 - $546,000

3 Beds
1.5 Baths
1,552 Sq Ft
$336/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $455,100 $293 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,229/month

26 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Recreation Facilities
  • Water Views
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of August 2023

Welcome to this stunning property in the picturesque town of Tiverton, RI. Situated on a well-manicured corner lot, this home offers seasonal water views that will captivate you throughout the year. Sitting on a generous half-acre parcel, this residence provides ample space and privacy. Boasting three bedrooms and one full bath, as well as a convenient half bath with laundry facilities on the first floor, this home is designed for comfort and convenience. The family room is a highlight, showcasing beautiful hardwood floors and a large bay window that frames distant views of Mount Hope Bay, offering breathtaking sunsets. The heart of this home lies in the spacious kitchen, which seamlessly connects with the family room and dining area. This central hub creates a warm and inviting space, perfect for entertaining and everyday living. The tri-level layout adds flexibility and allows for versatile usage of the space, accommodating various lifestyle needs. Whether you're relaxing in the family room or gathering with loved ones in the heart of the home, this property offers a perfect balance of comfort and functionality. Don't miss the opportunity to make this Tiverton gem your own and experience the beauty of coastal living. OFFER DEADLINE WED 7/5 at 5:00pm

Last Agent to Sell the Property

Jennifer Mello

The Mello Group, Inc. Listed on: 06/30/2023

Co-Listed By

Raymond Mangiaratti

Compass License #RES.0045755

Last Buyer's Agent

Sweeney Advisory Group

Mott & Chace Sotheby's Intl.

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1964

Lot Details

  • 0.3

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Split Level Home
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • Walking Distance to Water
  • 0.3 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 203
  • Assessor Parcel Number 50SHANNONAVTIVR

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,973

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Co List Office Mls Id: MELO
  • Co List Office Phone: 508-557-0411
  • Above Grade Finished Sq Ft: 1192.0
  • Architectural Style: Tri-Level
  • Garage Yn: Yes
  • Unit Levels: Three Level Split, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1964
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 360.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Other
  • Interior Amenities: Tub Shower
  • Living Area: 1552.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 50SHANNONAVTIVR
  • Zoning: R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3972.93
  • Tax Lot: 203
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 8, 2023
Sold by
Lynch Lauren M
Bought by
Belllar Grant A
Seller's Agent
Jennifer Mello
The Mello Group, Inc.
Buyer's Agent
Sweeney Advisory Group
Mott & Chace Sotheby's Intl.
List Price
$445,000
Sold Price
$455,100
Premium/Discount to List
$10,100
2.27%
Views
132
Current Estimated Value
$522,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,060
Avg. Annual Appreciation
6.23%
Original Mortgage
$364,080
Outstanding Balance
$357,364
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,802

Purchase Details

Closed on
Aug 25, 2021
Sold by
Lynch Dylan T
Bought by
Lynch Lauren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,769
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 4, 2018
Closed on
May 25, 2018
Sold by
Timothy R Panell
Bought by
Lynch Dyland and Lynch Lauren
Seller's Agent
James Holland
T. L. Holland Agency
Buyer's Agent
Zach Pezzullo
William Raveis Inspire
List Price
$309,000
Sold Price
$307,000
Premium/Discount to List
-$2,000
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$267,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 30, 2003
Sold by
Morotti Rita
Bought by
Panell Timothy and Panell Laura
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
Belllar Grant A $455,100 None Available
Lynch Lauren M -- None Available
Lynch Dyland $307,000 --
Panell Timothy $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belllar Grant A $364,080
Previous Owner Lynch Lauren M $253,769
Previous Owner Lynch Dylan T $267,000
Previous Owner Panell Timothy --
Previous Owner Panell Timothy $272,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $455,100 +2.3% $293 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $445,000 +45.0% $287 / Sq Ft
05/25/2018 05/25/18 Sold $307,000 -0.6% $199 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $309,000 -- $201 / 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 $4,612 $417,400 $150,300 $267,100
2023 $4,022 $269,900 $121,100 $148,800
2022 $3,949 $269,900 $121,100 $148,800
2021 $3,851 $269,900 $121,100 $148,800
2020 $3,364 $207,800 $85,900 $121,900
2019 $3,281 $207,800 $85,900 $121,900
2018 $3,406 $207,800 $85,900 $121,900
2017 $3,837 $201,400 $85,900 $115,500
2016 $3,855 $201,400 $85,900 $115,500
2015 $3,855 $201,400 $85,900 $115,500
2014 $3,563 $184,600 $85,900 $98,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1338118

State-Wide MLS

APN: TIVE-000301-000000-000203