NOT LISTED FOR SALE

1663 Mohegan Trail New Shoreham, RI 02807

Estimated Value: $1,602,162 - $1,936,000

3 Beds
2 Baths
2,304 Sq Ft
$758/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $935,000 $406 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $9,851/month

59 Days on Market

Highlights

  • Water Views
  • Contemporary Architecture
  • Corner Lot
  • Deck
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of March 2020

Stylish Lindal Cedar home on the desirable south side of the Island. Inverted floor plan includes three bedrooms, two full baths, an airy & spacious great room with cathedral ceilings and expansive windows, bringing the outside inside! Decks on three sides of the house to enjoy outdoor dining & entertaining underneath the stars and overlooking the ocean. The back and side yards are perfect for gardening and family games. Conservancy land to the east and south and north of the house, views of the iconic Southeast Light House and just down the road is the Payne Overlook stairway leading down to a pristine beach. Two lots to be conveyed. Situated far enough from town for peace and quiet but within a pleasant biking distance to the harbor and Crescent Beach. Full basement with exterior access provides plenty of storage space. Property is a popular rental due to both the house appeal and the location!

Last Agent to Sell the Property

Jennifer Phillips

Phillips Real Estate License #REB.0015012 Listed on: 12/27/2019

Last Buyer's Agent

Michele Phelan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,158

Year Built

  • Built in 1997

Lot Details

  • 0.87 Acre Lot
  • Corner Lot
  • Property is zoned RA

Home Design

  • Contemporary Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Southeast Side Subdivision

Listing and Financial Details

  • Tax Lot 119, 116
  • Assessor Parcel Number 1663MOHEGANTRLNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,158

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8712
  • Subdivision Name: Southeast Side
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 768.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 2304.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37951.0
  • Parcel #: 1663MOHEGANTRLNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5158.0
  • Tax Lot: 119, 116
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Mar 21, 2020
Sold by
Fenning David W and Fenning Eva
Bought by
Weston Estates Ltd
Seller's Agent
Jennifer Phillips
Phillips Real Estate
Buyer's Agent
Michele Phelan
List Price
$995,000
Sold Price
$935,000
Premium/Discount to List
-$60,000
-6.03%
Current Estimated Value
$1,746,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$811,291
Avg. Annual Appreciation
12.05%

Purchase Details

Closed on
Feb 13, 2012
Sold by
Fenning David W and Fenning Eva M
Bought by
Fenning David W and Fenning Eva
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
Weston Estates Ltd $935,000 None Available
Fenning David W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fenning David W $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $935,000 -6.0% $406 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $995,000 -- $432 / 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 $7,121 $1,290,100 $718,700 $571,400
2023 $7,766 $1,290,100 $718,700 $571,400
2022 $6,145 $867,920 $638,560 $229,360
2021 $5,815 $867,920 $638,560 $229,360
2020 $5,520 $867,920 $638,560 $229,360
2019 $5,346 $867,920 $638,560 $229,360
2018 $5,157 $866,640 $600,560 $266,080
2017 $5,079 $866,640 $600,560 $266,080
2016 $4,957 $866,640 $600,560 $266,080
2015 $6,033 $1,094,900 $750,700 $344,200
2014 $5,847 $1,094,900 $750,700 $344,200
2013 $5,704 $1,094,900 $750,700 $344,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1243506

State-Wide MLS

APN: BLOC-000009-000000-000119