NOT LISTED FOR SALE

Estimated Value: $726,000 - $865,000

3 Beds
2.5 Baths
2,216 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $397,500 $179 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,035/month

314 Days on Market

Highlights

  • Beach Front
  • Contemporary Architecture
  • Walking Distance to Water
  • 0.3 Acre Lot
  • Wood Flooring
  • Porch

About This Home

As of February 2021

EDGEWOOD AT ITS FINEST! Unique opportunity property offers sweeping views up and down Narragansett Bay with hilltop oasis setting and NO FLOOD INSURANCE.. Expansion possibilities to the walk-up third floor and pad site for possible in-law and garage. The double master bedroom suite has a waterfront whirlpool and private waterfront deck. Updates have been made to all major systems. The site is nearly maintenance free, and the upside to this unique investment is endless.. Strong rental history .. Perfect for the owner occupant looking to be near their boat or just watch the boats go by, or Air B&B investors looking to capitalize on the growing Greater Providence expanding tourism..

Last Agent to Sell the Property

Allen Gammons

BHHS Commonwealth Real Estate License #REB.0015256 Listed on: 03/18/2020

BHHS  Commonwealth Real Estate

Last Buyer's Agent

Aliesha Noonan

Noonan/Lombardi, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,566

Year Built

  • Built in 1924

Lot Details

  • 0.3 Acre Lot
  • Beach Front

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,216 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Water Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3951
  • Assessor Parcel Number 12RUSHTONDRCRAN

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,566

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2992
  • Above Grade Finished Sq Ft: 2216.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1924
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Living Area: 2216.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Walk to Water
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13034.0
  • Parcel #: 12RUSHTONDRCRAN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6565.84
  • Tax Lot: 3951
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Gagnon Arthur E
Bought by
Ruelas Alejandra
Current Estimated Value
$814,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,000
Outstanding Balance
$694,094
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,490

Purchase Details

Listed on
Mar 18, 2020
Closed on
Feb 26, 2021
Sold by
Miniati Mary J
Bought by
Gagnon Arthur E
Seller's Agent
Allen Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Aliesha Noonan
Noonan/Lombardi, REALTORS
List Price
$417,900
Sold Price
$397,500
Premium/Discount to List
-$20,400
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%

Purchase Details

Closed on
Dec 22, 1997
Sold by
Seaview Realty Corp
Bought by
Miniati Mary Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Interest Rate
7.14%
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
Ruelas Alejandra $780,000 None Available
Ruelas Alejandra $780,000 None Available
Gagnon Arthur E $397,500 None Available
Gagnon Arthur E $397,500 None Available
Miniati Mary Jean $156,000 --
Miniati Mary Jean $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruelas Alejandra $702,000
Closed Ruelas Alejandra $702,000
Previous Owner Miniati Mary Jean $125,000
Previous Owner Miniati Mary Jean $194,000
Previous Owner Miniati Mary Jean $124,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $397,500 -4.9% $179 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
03/18/2020 03/18/20 For Sale $417,900 -- $189 / 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
2025 $9,250 $666,400 $230,000 $436,400
2024 $7,743 $568,900 $230,000 $338,900
2023 $7,620 $403,200 $158,600 $244,600
2022 $7,463 $403,200 $158,600 $244,600
2021 $7,258 $403,200 $158,600 $244,600
2020 $6,721 $323,600 $126,900 $196,700
2019 $6,721 $323,600 $126,900 $196,700
2018 $6,566 $323,600 $126,900 $196,700
2017 $7,091 $309,100 $142,700 $166,400
2016 $6,939 $309,100 $142,700 $166,400
2015 $6,939 $309,100 $142,700 $166,400
2014 $6,802 $297,800 $142,700 $155,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1249970

State-Wide MLS

APN: CRAN-000002-000004-003951