$1,280,000
SOLD SEP 2, 2021

138 Arches Rd Charlestown, RI 02813

2 Beds
1.5 Baths
1,200 Sq Ft
0.33 Acres

Recently Sold

$1,067 Per Sq Ft

12% Below List Price

10 Days on Market

Highlights

  • Marina
  • Waterfront
  • Contemporary Architecture
  • Golf Course Community
  • Deck
  • Cathedral Ceiling

About This Home

As of June 2025

VIEWS VIEWS VIEWS!!! Welcome to your year-round oasis directly located on Ninigret Pond in the Arches neighborhood. You will be captivated by the stunning, uninterrupted views of the pond, ocean and Block Island. This home has been beautifully remodeled and is completely turnkey. The top floor hosts an open kitchen, living and dining area along with a half bath. Above the kitchen is a wonderful loft space used as a games area and sleeping loft accessed by a moveable library ladder, giving it a fun tree fort feel. The 2nd story has two bedrooms, one being the main bedroom while the other easily fits a full size bunk bed and a twin bed. A lovely shared bath and hall laundry area completes the space. Two beautiful decks on are located on the 2nd and 3rd stories. The 2nd story deck becomes a fantastic screened porch with a touch of a button, lowering the fully fitted screens into place. The above-ground lower level is unfinished space which provides storage in the winter months and an open area for ping pong in the summer months. The space is very well insulated, so bring your imagination and give it your own personal touch. Launch your kayaks or paddle boards for a quick trip across the pond to pull up on the oceanfront beach, find your favorite clamming/fishing spot or just enjoy the beauty that is Ninigret Pond. A mooring is also available through the Town of Charlestown. Complete your day relaxing by the beautiful custom fire pit and enjoy your picturesque, landscaped yard.

Last Agent to Sell the Property

Shirley Griffin

Compass License #RES.0042689 Listed on: 07/23/2021

Compass

Last Buyer's Agent

Shirley Griffin

Compass License #RES.0042689 Listed on: 07/23/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,847

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Electric Fence
  • Property is zoned R2A

Home Design

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

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

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

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Baseboard Heating
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 138ARCHESRDCHAR

Community Details

Overview

  • Arches Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,847

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Subdivision Name: Arches
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 1200.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Electric
  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14375.0
  • Parcel #: 138ARCHESRDCHAR
  • Zoning: R2A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5847.42
  • Tax Lot: 22
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
May 27, 2025
Sold by
Cartus Financial Corp
Bought by
Wright Laura
Seller's Agent
Shirley Griffin
Compass
Buyer's Agent
Shirley Griffin
Compass
List Price
$1,595,000
Sold Price
$1,515,000
Premium/Discount to List
-$80,000
-5.02%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.10%

Purchase Details

Listed on
Apr 21, 2025
Closed on
Apr 28, 2025
Sold by
Lansen Daniel A and Lansen Rebecca
Bought by
Cartus Financial Corp
Seller's Agent
Shirley Griffin
Compass
Buyer's Agent
Shirley Griffin
Compass
List Price
$1,595,000
Sold Price
$1,515,000
Premium/Discount to List
-$80,000
-5.02%
Views
29

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 2, 2021
Sold by
Boudreau Jeffrey E and Boudreau Karla R
Bought by
Lansen Daniel A and Lansen Rebecca
Seller's Agent
Shirley Griffin
Compass
Buyer's Agent
Shirley Griffin
Compass
List Price
$1,460,000
Sold Price
$1,280,000
Premium/Discount to List
-$180,000
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%

Purchase Details

Listed on
May 2, 2017
Closed on
Sep 20, 2017
Sold by
Katherine M Pratt T
Bought by
Boudreau Jeffrey E and Boudreau Karla R
Seller's Agent
Christine Holden
Compass
Buyer's Agent
Michael Himmel
Mott & Chace Sotheby's Intl.
List Price
$690,000
Sold Price
$644,000
Premium/Discount to List
-$46,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.99%
Original Mortgage
$515,200
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,515,000 None Available
Warranty Deed $1,515,000 None Available
Warranty Deed $1,515,000 None Available
Warranty Deed $1,515,000 None Available
Warranty Deed $1,280,000 None Available
Warranty Deed $1,280,000 None Available
Deed $644,000 --
Deed $644,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,024,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $515,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $1,515,000 -5.0% $1,156 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $1,595,000 +24.6% $1,217 / Sq Ft
09/02/2021 09/02/21 Sold $1,280,000 -12.3% $1,067 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $1,460,000 +126.7% $1,217 / Sq Ft
09/21/2017 09/21/17 Sold $644,000 -6.7% $537 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $690,000 -- $575 / 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 $6,437 $1,113,700 $795,100 $318,600
2023 $6,393 $1,113,700 $795,100 $318,600
2022 $5,805 $710,500 $522,500 $188,000
2021 $5,812 $710,500 $522,500 $188,000
2020 $5,847 $710,500 $522,500 $188,000
2019 $6,234 $675,400 $522,500 $152,900
2018 $6,271 $650,500 $522,500 $128,000
2017 $6,238 $650,500 $522,500 $128,000
2016 $5,904 $578,300 $454,400 $123,900
2015 $5,847 $578,300 $454,400 $123,900
2014 $5,725 $578,300 $454,400 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1289152

State-Wide MLS

APN: CHAR-000010-000000-000022