9 days on rocket

3118 Main Rd, Tiverton, RI, 02878

$6,800,000

4 Bedrooms
1 Full Bath
3,240 SqFt
$2,099/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1840
HeatingElectric, None
CoolingNone
BasementYes
WaterfrontWaterfront
FireplaceMasonry
MLS #1372632
Lot Size35.60 Acres
StatusActive

About 3118 Main Rd

Iconic Tiverton Farmstead with 35 Acres of Prime Residential Land! Great visibility, open field and woods. Lots of room for whatever you choose! The property is a stunning example of rural New England, with wildlife, pond and stream. The house in in poor (-) condition and would be need a loving owner to bring back to it's former glory. Please note: for the curious, showings of the house interior will be limited to serious, pre qualified buyer(s) only!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1840
  • Stories: 2
  • Living Area: 3,240 SqFt

Listing Office:

  • Office Name: The Greene Realty Group
  • Office Phone: (860) 560-1006

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Other
  • Interior: Attic, Bathroom Rough-In, Permanent Attic Stairs
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Waterfront

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 35.60 Acres

Utilities

Utilities Information:

  • Heating: Electric, None
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,800,000
  • Price Per SqFt: $2,099/SqFt

Tax Information:

  • Annual Amount: $2,302
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$492.5K

Med. Price/SqFt

$296

Avg. Days On Market

38

# of Sold Homes

25

3118 Main Rd vs Tiverton

9 DAYS ON ROCKET

-29 Days

$6,800,000

+$6.3M More

$2,099/SqFt

+$1.8K More

KEY TAKEAWAY

This property is $6.3M more than the Median Sold Price and $1.8K/SqFt more than other homes in Tiverton, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1372632

Listing Office:

  • Office Name: The Greene Realty Group
  • Office Phone: (860) 560-1006

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: 11/17/2024, 12:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,302$142,200
2019$2,245$142,200
2018$2,331$142,200
2017$2,697$141,600

History based on county public records data.

Payment Calculator

$34K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.4K

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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-394943
6
/10
  • Fort Barton Elementary School

  • 99 Lawton Ave

  • 2.23 miles

  • Public District Grades KG-4

school-card-donut-394944
10
/10
  • Hathaway Elementary School

  • 53 Tallman Ave

  • 3.01 miles

  • Public District Grades KG-4

school-card-donut-394945
7
/10
  • Ranger Elementary School

  • 278 N Brayton Rd

  • 3.03 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,213. The majority of Tiverton, RI residents have income between $35k-100k annually. Typical family type is single, no kids. Most 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.

Frequently Asked Questions About 3118 Main Rd

What is the listing price of this property?

The listing price of 3118 Main Rd property is $6,800,000.

What type of property is this?

The property 3118 Main Rd is a house located in Tiverton, Rhode Island, 02878.

Is this property for sale now?

Active Listing: 3118 Main Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,302 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3118 Main Rd has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3118 Main Rd is 3,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3118 Main Rd is 1840.
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Rocket HomesRhode IslandNewport CountyTiverton028783118 Main Rd

This home is located at 3118 Main Rd in Tiverton, RI and zip code 02878. This 3,240 square foot home, which was built in 1840, sits on a 35.60 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $6,800,000.

While more than 11 listings in Tiverton, RI in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 9 were sold below. In October 2024 in Tiverton, RI there were 9.7% less homes for sale than in September 2024. While the average time on the market in October 2024 was 38 days, the median list price was $492,500.

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

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