NOT LISTED FOR SALE

Estimated Value: $849,522 - $1,074,000

3 Beds
2 Baths
1,648 Sq Ft
$570/Sq Ft Est. Value

Last Sold August 28, 2012

Last sale price $450,000 $273 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,009/month

137 Days on Market

Highlights

  • Beach Front
  • Cape Cod Architecture
  • Wood Burning Stove
  • Marina
  • Deck
  • Wood Flooring

About This Home

As of August 2012

PLAN TO REVISIT THIS REFRESHED WATERFRONT COTTAGE OVERLOOKING NARRAGANSETT BAY AND SUNSETS.FIRST FLOOR BEDROOM,BATH, LR/FP DR SUNROOM AND KITCHEN WITH STAINLESS APPLIANCES. SECOND FLOOR MBR, BATH AND SECOND BEDROOM. MOVE IN AND ENJOY THE TERRACE.

Last Agent to Sell the Property

Stephanie Nickerson

Residential Properties Ltd. License #RES.0024448 Listed on: 03/13/2012

Last Buyer's Agent

Diana Kryston

C-21 Butterman & Kryston License #REC.0012588

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,930

Year Built

  • Built in 1930

Lot Details

  • 7,750 Sq Ft Lot
  • Beach Front
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Thermal Windows
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 165TERRACEAVEPRO

Community Details

Overview

  • The Terrace Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,930

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1779
  • Subdivision Name: THE TERRACE
  • Above Grade Finished Sq Ft: 1648.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Partial, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Cedar Closet(s), Wood Burning Stove
  • Living Area: 1648.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Beach Front
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7750.0
  • Parcel #: 165TERRACEAVEPRO
  • Zoning: RESI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8930.0
  • Tax Lot: 7
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2012
Closed on
Aug 29, 2012
Sold by
Omara Timothy J
Bought by
Grossman Suzanne B
Seller's Agent
Stephanie Nickerson
Residential Properties Ltd.
Buyer's Agent
Diana Kryston
C-21 Butterman & Kryston
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Current Estimated Value
$940,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,174
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Dec 3, 1996
Sold by
Peterson Robert W and Peterson Donnie I
Bought by
Omara Timothy J
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
Grossman Suzanne B $450,000 --
Omara Timothy J $203,000 --
Grossman Suzanne B $450,000 --
Omara Timothy J $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossman Suzanne B $55,000
Previous Owner Omara Timothy J $100,000
Previous Owner Omara Timothy J $184,500
Previous Owner Omara Timothy J $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2012 08/28/12 Sold $450,000 -9.8% $273 / Sq Ft
07/29/2012 07/29/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $499,000 -- $303 / 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 $10,637 $693,900 $422,200 $271,700
2023 $10,242 $693,900 $422,200 $271,700
2022 $11,037 $504,900 $328,200 $176,700
2021 $10,855 $504,900 $328,200 $176,700
2020 $10,396 $504,900 $328,200 $176,700
2019 $10,108 $504,900 $328,200 $176,700
2018 $11,575 $505,900 $363,100 $142,800
2017 $11,317 $505,900 $363,100 $142,800
2016 $12,156 $546,100 $403,300 $142,800
2015 $8,882 $387,000 $252,800 $134,200
2014 $8,882 $387,000 $252,800 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1012340

State-Wide MLS

APN: EPRO-000414-000016-000007