NOT LISTED FOR SALE

Estimated Value: $2,440,874 - $2,615,000

4 Beds
3.5 Baths
3,708 Sq Ft
$678/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $1,800,000 $485 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $14,297/month

4 Days on Market

Highlights

  • Marina
  • Water Views
  • Colonial Architecture
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • Deck

About This Home

As of October 2021

c.1895 Gambrel cottage located just a few blocks south of the Village this delightful home has views of the harbor, marina, and across the bay to Newport. Sited on nearly a 1/2 acre, there is plenty of room for expansion, such as a pool, or additional garage bays. The enclosed covered porch, leads out to a spacious east facing deck to enjoy the early morning sunrises. The interior offers three levels of living space, with open kitchen / dining area, living room w/fireplace, and a small study. The guest bedrooms (3) are located on the second level with 2 full baths, one with private balcony. The entire third floor comprises the master bedroom suite with spacious sitting room/office area, oversized bath, and walk-in closet. Enjoy an easy stroll down the street to local marina, shops, and restaurants, Jamestown is the "Jewel of Narragansett Bay" an island oasis, yet conveniently connected to the mainland, and only a 1o minute drive to Newport, the "City by the Sea".

Last Agent to Sell the Property

Bob Bailey

Lila Delman Compass License #RES.0027739 Listed on: 09/20/2021

Last Buyer's Agent

Bob Bailey

Lila Delman Compass License #RES.0027739 Listed on: 09/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,392

Year Built

  • Built in 1890

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R40

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Cottage
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 3,708 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • 220 Volts
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 295
  • Assessor Parcel Number 15HIGHSTJAME

Community Details

Overview

  • Walcott Avenue/East Ferry Area Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,392

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4634
  • Subdivision Name: Walcott Avenue/East Ferry area
  • Above Grade Finished Sq Ft: 3708.0
  • Architectural Style: Cabin/Cottage, Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cedar Closet(s), Tub Shower, Cable TV
  • Living Area: 3708.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Heat Pump, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20185.0
  • Parcel #: 15HIGHSTJAME
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10392.23
  • Tax Lot: 295
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 29, 2021
Sold by
Difante Gino
Bought by
Difante Family Lt
Seller's Agent
Bob Bailey
Lila Delman Compass
Buyer's Agent
Bob Bailey
Lila Delman Compass
List Price
$1,999,000
Sold Price
$1,800,000
Premium/Discount to List
-$199,000
-9.95%
Current Estimated Value
$2,512,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,469
Avg. Annual Appreciation
8.83%

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 25, 2021
Sold by
Vinelli Erica and Vinelli Sergio M
Bought by
Difante Gino
Seller's Agent
Bob Bailey
Lila Delman Compass
Buyer's Agent
Bob Bailey
Lila Delman Compass
List Price
$1,999,000
Sold Price
$1,800,000
Premium/Discount to List
-$199,000
-9.95%

Purchase Details

Closed on
May 16, 2008
Sold by
Heiss David and Heiss Marion
Bought by
Vinelli Erica and Venelli Sergio

Purchase Details

Closed on
Oct 1, 2001
Sold by
Devalerio Donna J
Bought by
Falk William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1998
Sold by
Adamowicz John A
Bought by
Devalerio Glen and Devalerio Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Difante Family Lt -- None Available
Difante Gino $1,800,000 None Available
Vinelli Erica $1,400,000 --
Falk William $900,000 --
Devalerio Glen $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devalerio Glen $743,000
Previous Owner Devalerio Glen $420,000
Previous Owner Devalerio Glen $150,000
Previous Owner Devalerio Glen $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $1,800,000 -10.0% $485 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,999,000 -- $539 / 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 $11,726 $2,079,100 $1,090,100 $989,000
2024 $10,724 $1,495,700 $825,800 $669,900
2023 $10,443 $1,496,200 $825,800 $670,400
2022 $10,159 $1,496,200 $825,800 $670,400
2021 $10,392 $1,255,100 $610,400 $644,700
2020 $10,093 $1,250,700 $610,400 $640,300
2019 $10,068 $1,250,700 $610,400 $640,300
2018 $10,664 $1,205,000 $549,000 $656,000
2017 $10,435 $1,205,000 $549,000 $656,000
2016 $10,339 $1,205,000 $549,000 $656,000
2015 $9,857 $1,122,700 $518,500 $604,200
2014 $9,824 $1,122,700 $518,500 $604,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1294145

State-Wide MLS

APN: JAME-000009-000000-000295