NOT LISTED FOR SALE

Estimated Value: $1,422,000 - $1,961,000

4 Beds
5 Baths
2,166 Sq Ft
$752/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $1,415,000 $653 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,649/month

42 Days on Market

Highlights

  • Beach Front
  • Marina
  • Colonial Architecture
  • Hamilton Elementary School Rated A
  • Golf Course Community
  • 1-minute walk to Plum Point Beach

About This Home

As of September 2022

Welcome to 56 Riptide: if you're looking for a waterfront home with amazing views, this is it! All three levels plus the roof deck have amazing views of the Jamestown and the bridge. Located in the Plum Beach area of Saunderstown, take advantage of what living on Rhode Island's coast has to offer, put your boat on the mooring or kayak or paddle board from your backyard. The main level has the living room, dining area and kitchen, plus an enclosed sunroom with sliders to the wrap around deck plus a spare room perfect for an office, and a full bathroom. The second and third floors boast four large bedrooms, two on each level, all with an en-suite and access to the decks. The roof top also has unparalleled views. This home would work for many buyers: primary residence, a family vacation/second home, with plenty of space for many generations, or would be a good investment to rent out. Don't miss out on this opportunity to buy a home on the water in this coveted neighborhood.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 05/09/2022

RE/MAX Results

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results Listed on: 05/09/2022

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,187

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Beach Front

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,166 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Water Views

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Walking Distance to Water
  • Mooring

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heat Pump System
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 049
  • Assessor Parcel Number 56RIPTIDEDRNKNG

Community Details

Recreation

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

Additional Features

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,187

Year Built

Built in 1950

Lot Details

0

HOA Fees

$10 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Inclusions: Membership in the Plum Point Beach (Plum Point Shores) is optional.
  • Above Grade Finished Sq Ft: 2166.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Laminate
  • Living Area: 2166.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Mooring, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Heat Pump, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 125.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10019.0
  • Parcel #: 56RIPTIDEDRNKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 14187.0
  • Tax Lot: 049
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Aug 29, 2022
Sold by
Mercurio Anthony
Bought by
Mccabe Kelliann and Mccabe Scott
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$1,495,000
Sold Price
$1,415,000
Premium/Discount to List
-$80,000
-5.35%
Views
20
Current Estimated Value
$1,628,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,020
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Sep 14, 2004
Sold by
Henry Louise
Bought by
Mercurio Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mccabe Kelliann $1,425,000 None Available
Mercurio Anthony $812,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henry Louise R $175,000
Previous Owner Henry Louise R $417,000
Previous Owner Henry Louise R $650,000
Previous Owner Henry Louise R $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $1,415,000 -5.4% $653 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $1,495,000 -- $690 / 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 $11,983 $835,600 $582,400 $253,200
2023 $11,625 $810,700 $582,400 $228,300
2022 $11,398 $810,700 $582,400 $228,300
2021 $10,495 $599,700 $396,500 $203,200
2020 $10,025 $586,600 $396,500 $190,100
2019 $10,025 $586,600 $396,500 $190,100
2018 $10,891 $574,100 $396,500 $177,600
2017 $10,673 $574,100 $396,500 $177,600
2016 $10,784 $597,100 $419,500 $177,600
2015 $8,644 $447,900 $279,600 $168,300
2014 $8,470 $447,900 $279,600 $168,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1309472

State-Wide MLS

APN: 042 049