NOT LISTED FOR SALE

1 Rhode Island Rd Little Compton, RI 02837

Little Compton Area

Estimated Value: $850,000 - $5,580,000

2 Beds
1.5 Baths
1,649 Sq Ft
$2,074/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2012

Last sale price $1,670,500 $1,013 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $20,622 / mo

171 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Wilbur & McMahon School Rated A-
  • Golf Course Community
  • Wood Flooring

About This Home

As of May 2012

Oceanfront summer cottage on remarkable Sakonnet Point.One acre with 230' water frontage.Sunset views,ocean breezes, great fishing, beach, swimming, biking and quintessential seaside living.Walk to harbor,docks, boats. First time offered in 50 years.

Last Agent to Sell the Property

Kathleen Greenman

Gustave White Sotheby's Realty License #RES.0014874 Listed on: 10/26/2011

Gustave White Sotheby's Realty

Last Buyer's Agent

Jainsworth Cern

Residential Properties Ltd. License #RES.0030418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,227

Year Built

  • Built in 1925

Lot Details

  • 1 Acre Lot
  • Beach Front

Home Design

  • Cabin
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,649 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 10 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio
  • Outbuilding

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Propane
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 427
  • Assessor Parcel Number 1RHODEISLANDRDLCOM

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Sakonnet Point Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,227

Year Built

Built in 1925

Lot Details

1 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Subdivision Name: SAKONNET POINT
  • Above Grade Finished Sq Ft: 1649.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1925
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 1649.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Patio
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Propane, Space Heater
  • Electric: 100 Amp Service
  • Sewer: Unknown
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1RHODEISLANDRDLCOM
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 7227.0
  • Tax Lot: 427
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2012
Sold by
Bought by
Current Estimated Value
$3,420,073

Purchase Details

Listed on
Oct 26, 2011
Closed on
May 15, 2012
Sold by
Bought by
Seller's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
Buyer's Agent
Jainsworth Cern
Residential Properties Ltd.
List Price
$2,100,000
Sold Price
$1,670,500
Premium/Discount to List
-$429,500
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$1,670,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2012 05/15/12 Sold $1,670,500 -20.5% $1,013 / Sq Ft
04/15/2012 04/15/12 Pending -- -- --
10/26/2011 10/26/11 For Sale $2,100,000 -- $1,273 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $22,100 $4,613,800 $4,068,900 $544,900
2024 $20,145 $3,965,600 $3,538,200 $427,400
2023 $19,669 $3,965,600 $3,538,200 $427,400
2022 $19,431 $3,965,600 $3,538,200 $427,400
2021 $20,380 $3,374,200 $2,970,200 $404,000
2020 $20,211 $3,374,200 $2,970,200 $404,000
2019 $20,009 $3,374,200 $2,970,200 $404,000
2018 $12,707 $2,132,000 $1,725,000 $407,000
2016 $10,829 $1,909,800 $1,725,000 $184,800
2015 $9,431 $1,640,100 $1,437,500 $202,600
2014 $9,250 $1,640,100 $1,437,500 $202,600
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Greenman

    Seller's Agent in 2012

    Kathleen Greenman

    Gustave White Sotheby's Realty

    (401) 965-5551

    67 Total Sales

    Kathleen Greenman
    Section Image
  • Jainsworth Cern

    Buyer's Agent in 2012

    Jainsworth Cern

    Residential Properties Ltd.

    (508) 961-7484

    3 Total Sales

    Jainsworth Cern
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1004323

State-Wide MLS

APN: LCOM-000009-000000-000427

Rhode Island Newport County Little Compton 02837

1 Rhode Island Rd, Little Compton, RI

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