NOT LISTED FOR SALE

Estimated Value: $952,000 - $1,183,000

3 Beds
2.5 Baths
1,680 Sq Ft
$652/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $895,000 $533 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,556/month

107 Days on Market

Highlights

  • Water Access
  • Cathedral Ceiling
  • Cottage
  • Melrose Avenue School Rated A-
  • Wood Flooring
  • Recreation Facilities

About This Home

As of November 2021

Custom designed bungalow style cottage with attached 2-car garage. This beautiful home has polished concrete floors with radiant heat throughout the first floor and heated garage floors. The large open kitchen with center island has an abundance of counter space, and custom cabinets from a yacht interior company. The inviting covered porch faces west and enjoys wonderful sunsets, and cool breezes on a hot afternoon. The main bedroom is on the first floor with a full bath. 2 additional guest rooms on the second floor share a full bath, and enjoy a lovely siting area with balcony. The garage is a car enthusiast delight, with the heated floors, bright space, and side lifting overhead doors allow for a car lift. This oversized lot has frontage on both Umiak Avenue and Dory Street providing plenty of parking for guests. Sunset Beach is approximately 3 blocks away, and other access for kayaking or paddle boarding is even closer. Jamestown is the "Jewel of Narragansett Bay", an island oasis yet connected to the mainland and Newport for enjoying other communities as well.

Last Listed By

Bob Bailey

Compass / Lila Delman Compass License #RES.0027739 Listed on: 06/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,988

Year Built

  • Built in 2012

Lot Details

  • 0.54 Acre Lot
  • Sprinkler System
  • Property is zoned R40

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Bungalow
  • Slab Foundation
  • Concrete Perimeter Foundation
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features

Outdoor Features

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

Utilities

  • Whole House Fan
  • Zoned Heating
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • 220 Volts
  • 200+ Amp Service
  • Power Generator
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 10UMIAKAVJAME

Community Details

Recreation

  • Recreation Facilities

Additional Features

  • Jamestown Shores North Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,988

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5377
  • Subdivision Name: Jamestown Shores - North
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Bungalow, Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2012
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Accessibility Features: Accessibility Features
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Other, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 1680.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Masonry, Other
  • Exterior Features: Balcony, Porch, Patio, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Whole House Fan
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Propane, Radiant, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator, 220 Volts
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23424.0
  • Parcel #: 10UMIAKAVJAME
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3988.02
  • Tax Lot: 103
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Grosby Mark J and Grosby Suzanne N
Bought by
Salt Air T and Grosby
Total Days on Market
107
Current Estimated Value
$1,095,072

Purchase Details

Listed on
Jun 19, 2021
Closed on
Nov 4, 2021
Sold by
Wetmore Walter W and Kohlmoos Mirra
Bought by
Grosby Mark J and Grosby Suzanne N
Seller's Agent
Bob Bailey
Compass / Lila Delman Compass
Buyer's Agent
Bob Bailey
Compass / Lila Delman Compass
List Price
$985,000
Sold Price
$895,000
Premium/Discount to List
-$90,000
-9.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$372,500
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2020
Sold by
Wetmore Walter W
Bought by
Wetmore Walter W and Kohlmoos Mirra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 25, 2001
Sold by
Millson Elizabeth E
Bought by
Wetmore Walter W

Purchase Details

Closed on
Aug 12, 1998
Sold by
Wilkins Richard L and Wilkins Janet Deborah
Bought by
Millson Elizabeth E

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Salt Air T -- None Available
Grosby Mark J $895,000 None Available
Wetmore Walter W -- None Available
Wetmore Walter W $115,000 --
Millson Elizabeth E $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grosby Mark J $372,500
Previous Owner Wetmore Walter W $350,000
Previous Owner Wetmore Walter W $100,000
Previous Owner Millson Elizabeth E $365,000
Previous Owner Millson Elizabeth E $375,000
Previous Owner Millson Elizabeth E $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $895,000 -9.1% $533 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $985,000 -- $586 / 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 $5,466 $762,400 $220,200 $542,200
2023 $5,349 $766,400 $220,200 $546,200
2022 $5,191 $764,500 $220,200 $544,300
2021 $4,071 $491,700 $206,100 $285,600
2020 $3,968 $491,700 $206,100 $285,600
2019 $3,958 $491,700 $206,100 $285,600
2018 $3,810 $430,500 $187,300 $243,200
2017 $3,728 $430,500 $187,300 $243,200
2016 $3,694 $430,500 $187,300 $243,200
2015 $3,734 $425,300 $219,000 $206,300
2014 $3,721 $425,300 $219,000 $206,300
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1286045

State-Wide MLS

APN: JAME-000003-000000-000103