$524,000
SOLD OCT 17, 2024
3 Beds
2 Baths
1,874 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

3% Below List Price

37 Days on Market

Highlights

  • Marina
  • Raised Ranch Architecture
  • Home Office
  • Golf Course Community
  • Recreation Facilities
  • Walking Distance to Water

About This Home

As of October 2024

PRICE TO SELL: DON'T MISS OUT!!! POTOWOMUT/BAY RIGE WALK TO WATER HOME with In-Law Apartment or AIRBNB Potential! The 1st level offers 2 Bedrooms, Fully Appliance Kitchen, Dining Area with sliders to an inviting deck, Living Room, Full Bathroom with Shower, and a new highly efficient 2024 Mitsubishi 15K BTU Ductless Mini Split Heating and Cooling, electric heat upstairs is for back up. Home is well insulated and Electric Bills are available. If you Prefer Gas, Gas is Available in the Street. NO Flood Insurance needed. The Lower Level features the 3rd Bedroom, Bathroom with Shower, a Home Office or use this space for whatever your needs are. The Lower Level offers a Family Room with a full walk out to a spacious private back yard for Entertaining. If you choose to leave serenity, walk around the corner to Greenwich Bay to Enjoy Swimming, Kayaking, Fishing, or just kick back, relax and enjoy the beach with beautiful views of Sunsets and Sunrises. When looking to venture out, this home is a short ride or walk away from Sandy Point Beach, minutes for Goddard State Park Golf Course, or join the Private Potowomut Golf Course, shop at the weekly Farmer's Market, or schedule a horseback ride at Faith Hill Farm. There is an array of restaurants from Al Fresco to Waterfront Dining, Live Theater, Boutique Shopping, and exciting nightlife at Historic Main Street in East Greenwich!

Last Agent to Sell the Property

Nga Le

Realty Inc. License #REC.0016458 Listed on: 08/12/2024

Last Buyer's Agent

Ginny Gorman Activerain

RI Real Estate Services License #RES.0032311

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,195

Year Built

  • Built in 1971

Lot Details

  • 10,000 Sq Ft Lot
  • Property is zoned A10

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Family Room
  • Home Office
  • Vinyl Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 142OVERLOOKDRWARW

Community Details

Overview

  • Potowomut Bay Ridge Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,195

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2296
  • Subdivision Name: POTOWOMUT- BAY RIDGE
  • Above Grade Finished Sq Ft: 954.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1971
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 920.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Stall Shower, Tub Shower
  • Living Area: 1874.0
  • Dining Room Type: Bathroom, Bedroom, Family Room, Office
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10000.0
  • Parcel #: 142OVERLOOKDRWARW
  • Zoning: A10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5195.0
  • Tax Lot: 113
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Oct 16, 2024
Sold by
Cosmo Prop Llc
Bought by
Davey Melville G and Kret-Davey Kirsten
Seller's Agent
Nga Le
Realty Inc.
Buyer's Agent
Ginny Gorman Activerain
RI Real Estate Services
List Price
$539,900
Sold Price
$524,000
Premium/Discount to List
-$15,900
-2.94%
Views
120
Current Estimated Value
$551,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,659
Avg. Annual Appreciation
8.65%
Original Mortgage
$274,000
Outstanding Balance
$272,450
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,968
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 $524,000 None Available
Warranty Deed $524,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,000 Purchase Money Mortgage
Closed $274,000 Purchase Money Mortgage
Previous Owner $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Sold $524,000 -2.9% $280 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $539,900 -- $288 / 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 $5,195 $359,000 $147,000 $212,000
2023 $5,090 $358,700 $147,000 $211,700
2022 $4,729 $252,500 $88,200 $164,300
2021 $4,729 $252,500 $88,200 $164,300
2020 $4,729 $252,500 $88,200 $164,300
2019 $4,729 $252,500 $88,200 $164,300
2018 $4,191 $201,500 $94,200 $107,300
2017 $4,078 $201,500 $94,200 $107,300
2016 $4,078 $201,500 $94,200 $107,300
2015 $3,554 $171,300 $71,800 $99,500
2014 $3,436 $171,300 $71,800 $99,500
2013 $3,390 $171,300 $71,800 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1366040

State-Wide MLS

APN: WARW-000203-000113-000000