NOT LISTED FOR SALE

Estimated Value: $3,162,000 - $3,829,299

4 Beds
4.5 Baths
5,726 Sq Ft
$604/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $2,950,000 $515 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $20,542/month

4 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • In Ground Pool
  • Marina
  • Water Access
  • 4-minute walk to Village Playground

About This Home

As of May 2022

Located in desirable Pawtuxet Village, this impressive waterfront home is truly one-of-a-kind. The main house has been completely and impeccably renovated to the highest degree. Upon entering the front door, you are immediately greeted by breathtaking water views. The kitchen features a large, center island with ample room for seating as well as plenty of storage, chef's grade stainless steel and built-in appliances. The abutting dining room is poised for large-scale entertaining. The awe-inspiring, open living room anchored by a wood-burning fireplace leads out to the expansive deck which overlooks the grounds featuring an in-ground pool, fire pit and stairs down to the beach. A second entrance, butler's pantry, sitting room, laundry and two baths complete the first floor. Upstairs, the three main bedrooms are all generously sized with one marble bath with clawfoot tub to share and a second en-suite marble bath. The primary suite features vaulted ceilings, a stunning spa-like bath with soaking tub and steam shower as well as a balcony overlooking the water with views of the Newport Bridge. The Carriage House at 56 Fort Ave has been recently updated featuring two beds and one and a half baths as well as AC. This property rents out between $4,500-8,500/ month and can also be subdivided off and sold separately. All of this within seven minutes to downtown Providence makes it a truly a unique opportunity to live on the water in the most urban of ways!

Last Agent to Sell the Property

Kira Greene

Residential Properties Ltd. Listed on: 03/16/2022

Residential Properties Ltd.

Last Buyer's Agent

Kira Greene

Residential Properties Ltd. Listed on: 03/16/2022

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,449

Year Built

  • Built in 1920

Lot Details

  • 0.56 Acre Lot
  • Beach Front
  • Property is zoned A-12

Home Design

  • Colonial Architecture
  • Shingle Siding

Interior Spaces

  • 5,726 Sq Ft Home
  • 2-Story Property
  • Marble Fireplace
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • In Ground Pool
  • Water Access
  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 52FORTAVCRAN

Community Details

Overview

  • Pawtuxet Village Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,449

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5624
  • Subdivision Name: Pawtuxet Village
  • Above Grade Finished Sq Ft: 5726.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Living Area: 5726.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas, Hydro Air, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24500.0
  • Parcel #: 52FORTAVCRAN
  • Zoning: A-12
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 23449.0
  • Tax Lot: 107
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
May 16, 2022
Sold by
Markham Matthew A and Markham Francesca A
Bought by
Markarian Vark A and Manzo Elizabeth
Seller's Agent
Kira Greene
Residential Properties Ltd.
Buyer's Agent
Kira Greene
Residential Properties Ltd.
List Price
$2,895,000
Sold Price
$2,950,000
Premium/Discount to List
$55,000
1.9%
Current Estimated Value
$3,457,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,100
Avg. Annual Appreciation
1.98%
Original Mortgage
$1,250,000
Outstanding Balance
$1,190,286
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,958,875

Purchase Details

Closed on
Mar 4, 2014
Sold by
Biafore John D and Biafore Donna A
Bought by
Markham Matthew A and Markham Francesca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Markarian Vark A $2,950,000 None Available
Markham Matthew A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markarian Vark A $1,250,000
Previous Owner Biafore John D $1,202,500
Previous Owner Biafore John D $880,000
Previous Owner Biafore John D $438,000
Previous Owner Biafore John D $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $2,950,000 +1.9% $515 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $2,895,000 -- $506 / 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 $25,481 $1,872,200 $836,100 $1,036,100
2023 $24,829 $1,313,700 $576,100 $737,600
2022 $24,113 $1,302,700 $576,100 $726,600
2021 $23,449 $1,302,700 $576,100 $726,600
2020 $26,276 $1,265,100 $680,800 $584,300
2019 $26,276 $1,265,100 $680,800 $584,300
2018 $25,669 $1,265,100 $680,800 $584,300
2017 $25,622 $1,116,900 $589,200 $527,700
2016 $25,074 $1,116,900 $589,200 $527,700
2015 $20,629 $918,900 $589,200 $329,700
2014 $18,930 $852,300 $469,200 $383,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1305151

State-Wide MLS

APN: CRAN-000001-000000-000107