new - 6 days on rocket

56 Grace St, Tiverton, RI, 02878

$450,000

Home List Price

$5,344*

Closing Credit

1 Bedroom
1 Full Bath
624 SqFt
$721/SqFt
House

Location

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56 Grace St, Tiverton$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1950
HeatingForced Air, Propane
CoolingNone
BasementYes
WaterfrontWaterfront
FireplaceNone
MLS #1372724
Lot Size0.11 Acres
StatusActive

About 56 Grace St

Fogland Beach!! Remodeled single level home located on a dead end street just a short walk to the nearby saltwater beach. Many upgrades include new bath with 1st floor laundry, new flooring, new roof and new Navien heating system. Private backyard setting with antique stone walls, mature trees, and abutting the neighboring farmland. This single level home with deeded beach rights and is perfect for a full time residence or summer home. Close to all area beaches, Sakonnet Vineyards, and Historic Tiverton Four Corners.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Ranch
  • Year Built: 1950
  • Living Area: 624 SqFt

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Stall Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Deck

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Propane
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $721/SqFt

Tax Information:

  • Annual Amount: $2,938
  • 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

$492.5K

Med. Price/SqFt

$296

Avg. Days On Market

38

# of Sold Homes

25

56 Grace St vs Tiverton

6 DAYS ON ROCKET

-32 Days

$450,000

-$42.5K Less

$721/SqFt

+$424 More

KEY TAKEAWAY

This property is $42.5K less than the Median Sold Price and $424/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: #1372724

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

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, 11:20:48 AM 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$2,938$181,500
2019$2,866$181,500
2018$2,975$181,500
2017$3,206$168,300

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-425325
9
/10

  • Melville Elementary School

  • 1351 W Main Rd

  • 3.79 miles

  • Public District Grades KG-4

school-card-donut-425326
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 3.99 miles

  • Public District Grades 4-4

school-card-donut-425327
10
/10

  • Hathaway Elementary School

  • 53 Tallman Ave

  • 5.01 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $106,360. The most common annual income of people living in Tiverton, RI is between $100k-200k. The majority of families are married, no kids. Residents of this area typically 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.

Types of housing 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.

What is it like to live in Tiverton, RI?

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.

Is it easy to get around Tiverton, RI without a car?

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.

Transportation in Tiverton, RI.

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 56 Grace St

What is the listing price of this property?

The listing price of 56 Grace St property is $450,000.

What type of property is this?

The property 56 Grace St is a house located in Tiverton, Rhode Island, 02878.

Is this property for sale now?

Active Listing: 56 Grace St 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 $2,938 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 56 Grace St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 56 Grace St is 624 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 56 Grace St is 1950.

Rocket Homes›Rhode Island›Newport County›Tiverton›02878›56 Grace St

This home is located at 56 Grace St in Tiverton, RI and zip code 02878. This 624 square foot home, which was built in 1950, sits on a 0.11 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $450,000.

Tiverton, RI housing market in October 2024 saw over 11 listings sold above listed price, more than 5 sold at listed price and over 9 sold below. The number of homes for sale in Tiverton, RI decreased by 9.7% between September 2024 and October 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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