NOT LISTED FOR SALE

Estimated Value: $542,000 - $770,000

4 Beds
2 Baths
2,068 Sq Ft
$330/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $390,000 $189 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,251/month

98 Days on Market

Highlights

  • Water Views
  • 0.93 Acre Lot
  • Wood Flooring
  • Golf Course Community
  • Contemporary Architecture
  • Walking Distance to Water

About This Home

As of August 2020

Welcome to 108 Ives Road! The "Woodstove Cottage" was built in 1980 and owned by only one family. Fantastic water views of Narragansett Bay and the Green River. Just a few steps away from Sandy Point Beach and a short walk to Goddard Park. If you are a golfer you have three courses, Potowamut and Goddard Park are within walking distance and Quidnessett is less than 10 minutes away by car. The property consists of a 1 acre lot with plenty of privacy. Inside, we find a great room with a wood stove and cathedral ceilings, a large sunroom, dining room, kitchen, full bath and bedroom. Upstairs you will find 3 more bedrooms and another full bath. The basement has plenty of storage, mechanicals, workspace and office space. Hardwoods throughout and the roof is about 1 year old. Potowamut is a lifestyle, and located about 5 minutes from downtown East Greenwich with all of it's restaurants, shopping, marinas, EG waterfront and easy access to major highways, airport and train station! Property is set back from the road and has a right of way so please respect the neighbors and do not drive in without permission.

Last Agent to Sell the Property

Cheryl Eley

RI Real Estate Services License #REB.0015408 Listed on: 03/31/2020

RI Real Estate Services

Last Buyer's Agent

Allen Gammons

BHHS Commonwealth Real Estate License #REB.0015256

BHHS  Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,473

Year Built

  • Built in 1980

Lot Details

  • 0.93 Acre Lot

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 108IVESRDWARW

Community Details

Recreation

  • Golf Course Community

Additional Features

  • Potowomut Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,473

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9253
  • Subdivision Name: Potowomut
  • Above Grade Finished Sq Ft: 1768.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 300.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 2068.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40304.0
  • Parcel #: 108IVESRDWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6473.0
  • Tax Lot: 103
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
Aug 5, 2020
Sold by
George & J C Damico Ret and Damico
Bought by
Welch Alexander F
Seller's Agent
Cheryl Eley
RI Real Estate Services
Buyer's Agent
Allen Gammons
BHHS Commonwealth Real Estate
List Price
$499,108
Sold Price
$390,000
Premium/Discount to List
-$109,108
-21.86%
Current Estimated Value
$682,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,935
Avg. Annual Appreciation
13.25%
Source: Public Records

Range of Values:

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Average Value
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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
Welch Alexander F $390,000 None Available
Welch Alexander F $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Alexander F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $390,000 -21.9% $189 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $499,108 -- $241 / 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 $7,348 $507,800 $213,100 $294,700
2023 $7,079 $498,900 $208,100 $290,800
2022 $6,836 $365,000 $131,500 $233,500
2021 $6,473 $345,600 $124,900 $220,700
2020 $6,473 $345,600 $124,900 $220,700
2019 $6,473 $345,600 $124,900 $220,700
2018 $6,935 $333,400 $141,600 $191,800
2017 $6,748 $333,400 $141,600 $191,800
2016 $6,748 $333,400 $141,600 $191,800
2015 $5,955 $287,000 $118,300 $168,700
2014 $5,757 $287,000 $118,300 $168,700
2013 $5,680 $287,000 $118,300 $168,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1250369

State-Wide MLS

APN: WARW-000202-000103-000000