new - 4 days on rocket

106 Forand Ln, Tiverton, RI, 02878

$695,000

Home List Price

$8,253*

Closing Credit

2 Bedrooms
2 Full Baths
Multi

Location

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106 Forand Ln, Tiverton$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1930
HeatingElectric, Forced Air, Heat Pump, Hot Water, Other, Propane, Oil
CoolingDuctless
WaterfrontDock Access, Water Access, Waterfront
FireplaceNone
MLS #1367642
Lot Size0.52 Acres
StatusActive

About 106 Forand Ln

Enjoy stunning year-round views at this unique two cottage multi-family, located on more than half an acre of tree-lined property, directly on Stafford Pond. Unit 106 has been recently renovated with "coastal" finishes throughout, and installation of a new ductless HVAC mini-split in the sunroom. Unit 108 currently serves as a month-to-month rental - allowing for an immediate revenue source - and features an open floorplan and summer 2024 bathroom renovation. The property offers waterfront decks, a fixed dock, kayak launch, two large storage sheds, and ample parking. NO flood insurance required! Just a short drive to Rt. 24, the quaint shops and cafes of Tiverton's Four Corners, and Fall River's major retailers. Whether you're seeking an investment opportunity or personal retreat, this property is a must-see!

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: Williams & Stuart Real Estate
  • Office Phone: (401) 942-0200

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Water Heater, Microwave, Oven, Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Flooring Type: Ceramic Tile, Vinyl, Carpet
  • Interior: Attic, Cathedral Ceiling(s), Stall Shower, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Dock Access, Water Access, Waterfront
  • Exterior: Deck, Sprinkler/Irrigation

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Sprinklers, Waterfront
  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Heat Pump, Hot Water, Other, Propane, Oil
  • Cooling: Ductless

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000

Tax Information:

  • Annual Amount: $4,577
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tiverton, RI.

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Tiverton, RI

City

Med. Sold Price

$495K

Med. Price/SqFt

$304

Avg. Days On Market

50

# of Sold Homes

16

106 Forand Ln vs Tiverton

4 DAYS ON ROCKET

-46 Days

$695,000

+$200K More

KEY TAKEAWAY

This property is $200K more than the Median Sold Price in Tiverton, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1367642

Listing Office:

  • Office Name: Williams & Stuart Real Estate
  • Office Phone: (401) 942-0200

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 23, 2021Home Sold
$560,000
Jun 14, 1999Home Sold
$151,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,577$282,700
2019$4,464$282,700
2018$4,633$282,700
2017$5,208$273,400

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1088085
7
/10

  • Ranger School

  • 278 N Brayton Rd

  • 0.97 miles

  • Public District Grades KG-4

school-card-donut-1088086
4
/10

  • Letourneau Elementary School

  • 323 Anthony St

  • 2.23 miles

  • Public District Grades KG-5

school-card-donut-1088087
8
/10

  • Pocasset School

  • 242 Main Rd

  • 2.53 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,096. The majority of Tiverton, RI residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Tiverton, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Tiverton, RI?

Tiverton's housing market is characterized by a mix of residential options, with single-family homes being the most prevalent, reflecting a blend of colonial, cape cod, and contemporary architectural styles. The market is balanced with a selection of condominiums and townhouses, offering alternatives to traditional detached homes. The area's construction history is diverse, with many homes dating back to the mid-20th century, while newer developments offer modern amenities.

Is Tiverton, RI a good place to live?

Tiverton maintains a serene, small-town atmosphere with a strong sense of community. The town is celebrated for its scenic coastal views and access to outdoor activities, including boating and fishing. Local events, such as the annual arts festival, highlight the town's cultural vibrancy and community engagement. Tiverton prides itself on its tranquil environment and the preservation of its historical charm.

Are things conveniently located in Tiverton, RI?

The community is served by a network of public schools, including several elementary schools, a middle school, and a high school, as well as a few private educational institutions. Healthcare services are accessible, with local clinics and nearby hospitals providing a range of medical care. The town also features a public library, and residents enjoy a variety of local shops and restaurants that reflect the coastal New England cuisine and culture.

What does the transportation in Tiverton, RI look like?

Transportation in Tiverton includes a combination of private vehicle use and public transit options, with local bus services connecting residents to key areas within the town and neighboring communities. The town's layout encourages driving, with well-maintained roads and easy access to major highways for commuting. While ride-sharing services are available, the town also supports a modest level of walkability in its more densely populated areas, with efforts to improve pedestrian pathways.

Rocket Homes›Rhode Island›Newport County›Tiverton›02878›106 Forand Ln

This home is located at 106 Forand Ln in Tiverton, RI and zip code 02878. This home, which was built in 1930, sits on a 0.52 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $695,000.

In August 2024, from all listings sold in Tiverton, RI there were more than 3 sold above asking price, over 10 sold below and more than 3 were sold right at the asked price. The number of listings in Tiverton, RI decreased by 2.4% between July 2024 and August 2024. Listings spent 50 days on the market in August 2024, and had a median list price of $495,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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