Seller's Agent in 2020
Bob Bailey
Lila Delman Compass
(401) 413-6928
4 in this area
139 Total Sales
1 Wright Ln Jamestown, RI 02835
East Passage Estates NeighborhoodEstimated Value: $1,720,629 - $1,923,000
2
Beds
2.5
Baths
2,488
Sq Ft
$748/Sq Ft
Est. Value
Highlights
- Marina
- Water Views
- Golf Course Community
- Melrose Avenue School Rated A-
- Beach Access
- Spa
About This Home
As of October 2020Classic Shingle Style cottage designed by award winning Architect Ron DiMauro for the current owners, this lovely home is sited on a 1.22 acre corner lot to take advantage of the views of the East Passage of Narragansett Bay, and beautiful sunrises. The private setting offers lovely mature plantings for privacy, tranquility, and relaxing on either the deck or patio while watching the boats sail by.
As your enter the home your eyes are drawn to the lovely views beyond, the 1st floor offers a cozy sitting room,open living, dining area, and a chef's kitchen including 48" Viking double oven/stove, large island, and breakfast nook with gas fireplace. additionally there is a powder room, large pantry,and 1-car garage. The custom open staircase leads to the 2nd floor which provides a spacious master bedroom suite w/fireplace, bright bath w/jetted tub, and separate shower, radiant floor heating, large closets. The guest bedroom has a private balcony to enjoy the breezes off the water, complete with en-suite bath. Laundry is located in the hallway closet convenient to the bedrooms. The 3rd floor space is currently an artist studio with wonderful light, with an abundance of storage. The grounds provide a sanctuary to enjoy nature, overlooking woodlands, and down to the water. Several garden beds, patio area, and lush lawn. A custom trellis style pergola provides a carport / shade area for 2 vehicles. Deeded water access is just steps away. Recently received approval for 3-bed septic.
Last Agent to Sell the Property
Lila Delman Compass License #RES.0027739 Listed on: 03/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,274
Year Built
- Built in 1998
Lot Details
- 1.22 Acre Lot
- Corner Lot
- Sprinkler System
- Wooded Lot
- Property is zoned R80
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Cottage
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2,488 Sq Ft Home
- 3-Story Property
- Skylights
- 3 Fireplaces
- Gas Fireplace
- Thermal Windows
- Water Views
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Outdoor Features
- Spa
- Beach Access
- Water Access
- Walking Distance to Water
- Balcony
- Deck
- Patio
- Outbuilding
Location
- Property near a hospital
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Underground Utilities
- 220 Volts
- 200+ Amp Service
- Power Generator
- Private Water Source
- Well
- Oil Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 1WRIGHTLANEJAME
Community Details
Overview
- East Shore Road / Cranston Cove Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2020
Closed on
Oct 30, 2020
Sold by
Gladding Frank N and Baker-Gladding Virginia
Bought by
Otoole Karen D and Gromer Paul W
Seller's Agent
Bob Bailey
Lila Delman Compass
Buyer's Agent
Dianne Grippi
Residential Properties Ltd.
List Price
$1,395,000
Sold Price
$1,315,000
Premium/Discount to List
-$80,000
-5.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,907
Avg. Annual Appreciation
7.30%
Original Mortgage
$1,052,000
Outstanding Balance
$936,131
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$924,776
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Otoole Karen D | $1,315,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Otoole Karen D | $1,052,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $1,315,000 | -5.7% | $529 / Sq Ft |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- |
| 03/09/2020 03/09/20 | For Sale | $1,395,000 | -- | $561 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $8,639 | $1,531,800 | $794,000 | $737,800 |
| 2024 | $8,367 | $1,166,900 | $688,700 | $478,200 |
| 2023 | $8,235 | $1,179,800 | $688,700 | $491,100 |
| 2022 | $8,011 | $1,179,800 | $688,700 | $491,100 |
| 2021 | $7,719 | $932,200 | $495,200 | $437,000 |
| 2020 | $7,523 | $932,200 | $495,200 | $437,000 |
| 2019 | $7,504 | $932,200 | $495,200 | $437,000 |
| 2018 | $7,106 | $802,900 | $449,600 | $353,300 |
| 2017 | $6,953 | $802,900 | $449,600 | $353,300 |
| 2016 | $6,889 | $802,900 | $449,600 | $353,300 |
| 2015 | $7,130 | $812,100 | $565,200 | $246,900 |
| 2014 | $7,106 | $812,100 | $565,200 | $246,900 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Bailey
-
Dianne Grippi
Buyer's Agent in 2020
Dianne Grippi
Residential Properties Ltd.
(401) 423-2200
4 in this area
78 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1249084
APN: JAME-000004-000000-000018
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