NOT LISTED FOR SALE

Estimated Value: $849,000 - $878,000

3 Beds
3 Baths
2,998 Sq Ft
$287/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $425,000 $142 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,202/month

72 Days on Market

Highlights

  • 1.84 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Hamilton Elementary School Rated A
  • Deck
  • Game Room

About This Home

As of November 2019

Saunderstown - traditional Garrison Colonial with spacious family room with stone fireplace. Spacious kitchen with breakfast nook, opens onto the south facing deck for evening cookouts. A formal dining room, sunroom, and full bath complete the 1st floor layout. The second floor with central hall, offers a large master bedroom, with private bath, and walk in closet. @ additional guest bedrooms and a bath. The lower level with dry bar, is ideal for recreation space such as work out room, pool table or ping pong. The utility room is ideal for small work shop space. Recently updated heating system. The grounds are wonderful with mature trees, open lawn, and tree house for the little ones. Enjoy the serenity while being only minutes from Wickford, Narragansett, or Newport.

Last Agent to Sell the Property

Bob Bailey

Lila Delman Compass License #RES.0027739 Listed on: 08/07/2019

Last Buyer's Agent

Kathleen Kourakis

Mott & Chace Sotheby's Intl. License #RES.0025235

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,094

Year Built

  • Built in 1978

Lot Details

  • 1.84

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Game Room
  • Utility Room
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Whole House Fan
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • 1.84 Acre Lot

Listing and Financial Details

  • Tax Lot 029
  • Assessor Parcel Number 1342GILBERTSTUARTRDNKNG

Community Details

Overview

  • Saunderstown/ Gilbert Stuart Area Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,094

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.84
  • Subdivision Name: SAUNDERSTOWN/ GILBERT STUART AREA
  • Above Grade Finished Sq Ft: 2230.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 768.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 2998.0
  • Dining Room Type: Game Room, Laundry, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Whole House Fan
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 80150.0
  • Parcel #: 1342GILBERTSTUARTRDNKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7094.0
  • Tax Lot: 029
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Nov 13, 2019
Sold by
Covell John W and Covell Maureen D
Bought by
Cobarr Lindsay and Cobarr Garrett
Seller's Agent
Bob Bailey
Lila Delman Compass
Buyer's Agent
Kathleen Kourakis
Mott & Chace Sotheby's Intl.
List Price
$469,900
Sold Price
$425,000
Premium/Discount to List
-$44,900
-9.56%
Current Estimated Value
$861,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,010
Avg. Annual Appreciation
12.36%
Original Mortgage
$174,000
Outstanding Balance
$153,227
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$707,783

Purchase Details

Closed on
Mar 31, 2003
Sold by
Mollicone Joseph and Connor Mary C
Bought by
Covell John W and Covell Maureen D

Purchase Details

Closed on
Aug 13, 1999
Sold by
Ziegler James W and Ziegler Joy F
Bought by
Mollicone Joseph and Connor Mary C

Purchase Details

Closed on
Jun 28, 1995
Sold by
Reynolds John W
Bought by
Ziegler James W and Ziegler Joy

Purchase Details

Closed on
Mar 11, 1993
Sold by
Farnum Peter C and Farnum Kathleen
Bought by
Reynolds John W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cobarr Lindsay $425,000 --
Covell John W $391,000 --
Mollicone Joseph $234,000 --
Ziegler James W $240,000 --
Reynolds John W $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobarr Lindsay $174,000
Previous Owner Reynolds John W $343,000
Previous Owner Reynolds John W $100,000
Previous Owner Reynolds John W $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Sold $425,000 -9.6% $142 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $469,900 0.0% $157 / Sq Ft
03/19/2014 03/19/14 Rented $2,200 -12.0% --
02/17/2014 02/17/14 Under Contract -- -- --
01/11/2014 01/11/14 For Rent $2,500 -- --
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 $8,248 $747,100 $340,800 $406,300
2024 $7,579 $528,500 $227,500 $301,000
2023 $7,579 $528,500 $227,500 $301,000
2022 $7,431 $528,500 $227,500 $301,000
2021 $7,264 $415,100 $164,000 $251,100
2020 $7,094 $415,100 $164,000 $251,100
2019 $7,094 $415,100 $164,000 $251,100
2018 $6,786 $357,700 $153,000 $204,700
2017 $6,650 $357,700 $153,000 $204,700
2016 $6,460 $357,700 $153,000 $204,700
2015 $6,564 $340,100 $153,000 $187,100
2014 $6,431 $340,100 $153,000 $187,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1231545

State-Wide MLS

APN: NKIN-000022-000029