NOT LISTED FOR SALE

Estimated Value: $5,215,000 - $5,802,566

5 Beds
5.5 Baths
4,315 Sq Ft
$1,263/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2022

Last sale price $4,150,000 $962 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $31,840 / mo

319 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Melrose Avenue School Rated A-
  • Beach Access
  • Under Construction

About This Home

As of June 2022

Ready for immediate occupancy - Custom designed luxury Gambrel home with unobstructed water views of the Jamestown Harbor, Narragansett Bay across to Newport. Enjoy the beautiful sunrises from the lovely designed covered porch, or second floor bedroom balconies. This 5 bedroom 5 1/2 bath home is designed for views from every room, and plenty of outdoor space for entertaining. The spacious kitchen will have professional grade stainless appliances, a large center island with quartz countertop, pantry, and sliding glass doors leading to a spacious front porch for evening dining. A 1st floor ensuite can serve as alternate master bedroom. A spacious master suite is centrally located on the 2nd floor with large east facing balcony. Guest suites all with private baths also enjoy east facing balconies. The bonus area above 2-car garage is ideal as the 5th bedroom, or large studio/office/recreation room. The home will be serviced by municipal water and sewer, as well as an underground propane tank. View easement and building restrictions recorded on adjacent parcel will preserve the views of the bay. Landscape design and building placement will allow for a future pool, and patio with outdoor grilling area. Located just steps from a neighborhood beach, and the Village of Jamestown this property is very convenient to area shops, restaurants, and the marina. Jamestown is the "Jewel of Narragansett Bay" come enjoy the island life, yet convenient to Newport, Providence, and Boston.

Last Agent to Sell the Property

Bob Bailey

Lila Delman Compass License #RES.0027739 Listed on: 07/12/2021

Last Buyer's Agent

Kylie Mccollough

Mott & Chace Sotheby's Intl. License #RES.0042670

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,425

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 27,007 Sq Ft Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,315 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Zero Clearance Fireplace
  • Marble Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Hydro-Air Heating System
  • Underground Utilities
  • 220 Volts
  • 200+ Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 891
  • Assessor Parcel Number 11BRYERAVJAME

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,425

Year Built

Built in 2021 | Under Construction

Lot Details

0.62 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.62
  • Above Grade Finished Sq Ft: 4315.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Marble, Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 4315.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Porch, Screened
  • Property Condition: Under Construction

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: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hydro Air, Propane, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Underground, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27007.0
  • Parcel #: 11BRYERAVJAME
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11425.0
  • Tax Lot: 891
  • Tax Year: 2020

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

Listed on
Jul 12, 2021
Closed on
Aug 1, 2022
Sold by
Bought by
Seller's Agent
Bob Bailey
Lila Delman Compass
Buyer's Agent
Kylie Mccollough
Mott & Chace Sotheby's Intl.
List Price
$4,300,000
Sold Price
$4,150,000
Premium/Discount to List
-$150,000
-3.49%
Current Estimated Value
$5,449,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,299,189
Avg. Annual Appreciation
6.87%
Original Mortgage
$3,320,000
Interest Rate
0.0438%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 12, 2021
Closed on
Jun 13, 2022
Sold by
Bought by
Seller's Agent
Bob Bailey
Lila Delman Compass
Buyer's Agent
Kylie Mccollough
Mott & Chace Sotheby's Intl.
List Price
$4,300,000
Sold Price
$4,150,000
Premium/Discount to List
-$150,000
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,320,000
Interest Rate
0.0438%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 25, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,440,000
Interest Rate
0.029%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Available
$4,150,000 None Available
-- None Available
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
Open $3,320,000
Closed $2,440,000
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
06/14/2022 06/14/22 Sold $4,150,000 -3.5% $962 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
07/12/2021 07/12/21 For Sale $4,300,000 -- $997 / 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 $26,823 $4,755,900 $2,324,000 $2,431,900
2024 $26,766 $3,733,100 $1,761,800 $1,971,300
2023 $26,417 $3,784,700 $1,761,800 $2,022,900
2022 $25,698 $3,784,700 $1,761,800 $2,022,900
2021 $11,722 $1,415,700 $1,415,700 $0
2020 $14,683 $1,819,500 $1,819,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1287962

State-Wide MLS

APN: 8 891

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