NOT LISTED FOR SALE

Estimated Value: $2,879,219 - $3,371,000

4 Beds
3.5 Baths
2,311 Sq Ft
$1,344/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $2,195,000 $950 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $16,451/month

140 Days on Market

Highlights

  • Marina
  • Water Views
  • Wood Burning Stove
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • Contemporary Architecture

About This Home

As of October 2021

An extraordinary opportunity to own an unobstructed water view Contemporary property in lower Shoreby Hill, sited on a 24,829 square foot lot. This unique and custom built home, has magnificent and sweeping views of Narragansett Bay. Well manicured grounds flank the meandering brick walkway, pergola, and wrap around brick patio. The outdoor living space features a Screened in Porch with breathtaking views and a vaulted wood ceiling. The home has over 2,300 square feet of living space. A spacious Foyer leads you to an open concept Living Room and Dining Area. Floor to ceiling windows and a brick wood burning Fireplace, add to the dramatic tone and the all-encompassing view. First floor en Suite, spacious Kitchen, Pantry, and a Laundry Room which leads to 2 car Garage. A generous room with wood-stove and Lavette are above the Garage, perfect for guests or a home office or escape! Owner en Suite and a third en Suite complete the second level. Stroll to the marina, shops, dining and all the Village has to offer. Island living at its finest! Consider the opportunity to purchase along with MLS listing #1280358, 121 Conanicus Avenue.

Last Agent to Sell the Property

Dianne Grippi

Residential Properties Ltd. License #RES.0030326 Listed on: 04/20/2021

Co-Listed By

molly mcdonough

Lila Delman Compass License #RES.0045549

Last Buyer's Agent

Bob Bailey

Lila Delman Compass License #RES.0027739

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,345

Year Built

  • Built in 1985

Lot Details

  • 0.57 Acre Lot
  • Corner Lot
  • Property is zoned R20

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,311 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 209
  • Assessor Parcel Number 10EMERSONRDJAME

Community Details

Overview

  • Shoreby Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,345

Year Built

Built in 1985

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Co List Office Mls Id: ISLR
  • Co List Office Phone: 401-423-2200
  • Subdivision Name: Shoreby Hill
  • Above Grade Finished Sq Ft: 2311.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Skylights, Tub Shower, Wood Burning Stove
  • Living Area: 2311.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Brick, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Wood, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 2762.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24829.0
  • Parcel #: 10EMERSONRDJAME
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 19344.59
  • Tax Lot: 209
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Oct 8, 2021
Sold by
Barbara M Reif T
Bought by
Vinelli Sergio
Seller's Agent
Dianne Grippi
Residential Properties Ltd.
Buyer's Agent
Bob Bailey
Lila Delman Compass
List Price
$3,250,000
Sold Price
$2,195,000
Premium/Discount to List
-$1,055,000
-32.46%
Current Estimated Value
$2,695,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,921
Avg. Annual Appreciation
4.82%
Original Mortgage
$1,350,000
Outstanding Balance
$1,237,431
Interest Rate
2.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,392,015
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vinelli Sergio $2,195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinelli Sergio $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $2,195,000 -32.5% $950 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $3,250,000 -- $1,406 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $17,520 $2,443,500 $1,951,500 $492,000
2023 $16,286 $2,333,200 $1,951,500 $381,700
2022 $15,576 $2,293,900 $1,951,500 $342,400
2021 $19,848 $2,397,100 $2,024,000 $373,100
2020 $19,345 $2,397,100 $2,024,000 $373,100
2019 $19,297 $2,397,100 $2,024,000 $373,100
2018 $18,764 $2,120,200 $1,808,700 $311,500
2017 $18,361 $2,120,200 $1,808,700 $311,500
2016 $18,191 $2,120,200 $1,808,700 $311,500
2015 $15,479 $1,763,000 $1,498,400 $264,600
2014 $15,374 $1,757,000 $1,498,400 $258,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1280356

State-Wide MLS

APN: JAME-000008-000000-000209