NOT LISTED FOR SALE

Estimated Value: $850,000 - $1,197,000

3 Beds
2 Baths
1,450 Sq Ft
$702/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $1,100,000 $759 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,331/month

30 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Solar Power System
  • Marina
  • Water Access
  • 0.34 Acre Lot

About This Home

As of June 2024

Perched on the picturesque Bullocks Cove, this updated SALTWATER-front property offers a perfect blend of modern amenities and coastal charm yet, just minutes to Providence downtown and highway access to all points. The privacy-fenced, single level retreat spreads out over a rare, WIDE DOUBLE-LOT with a flat lawn, beautifully LANDSCAPED gardens, multiple OUTDOOR LIVING spaces, and WATER ACCESS directly from the backyard perfect for a morning kayak adventure. This superbly tailored home features a SUMPTUOUS primary suite with a dramatic loft ceiling and a luxurious bathroom, OPEN living areas, HIGH-GRADE appliances, HANDCRAFTED cabinetry, DESIGNER finishes, thoughtful incorporation of ECO-FRIENDLY materials, ample of closets, main level laundry, and a STYLISH outdoor shower (PLUS a big basement, a large garage with a Level 2 car charger, and a brilliant outdoor shed that easily accommodate all of your tools and toys.) The property's sustainable design includes an EFFICIENT 2-zone, CENTRAL AIR system for your comfort during those summer nights, RADIANT HEAT throughout for warm and toasty feet on chilly days, thick insulation, a 6-zone lawn sprinkler system, and FULLY PAID SOLAR panels for extra energy savings. Wake up to the soothing sounds of nature, right from your doorstep. Relax by the custom-built fire pit with built-in benches under a star lit sky. INCREDIBLE VIEWS of twinkling water, sailboats, and birds sunrise to sunset, year-round! Schedule your private viewing today.

Last Agent to Sell the Property

Ted Ngo

HomeSmart Professionals License #RES.0031313 Listed on: 05/01/2024

HomeSmart Professionals

Last Buyer's Agent

Nelson Taylor

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,100

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Beach Front
  • Fenced
  • Sprinkler System
  • Property is zoned R3

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Wood Flooring
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat
  • Solar Power System

Outdoor Features

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

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 23 / 5
  • Assessor Parcel Number 18RIVERSIDEDREPRO

Community Details

Overview

  • Narragansett Terrace Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,100

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3444
  • Inclusions: NO FLOOD INSURANCE REQUIRED.
  • Subdivision Name: Narragansett Terrace
  • Above Grade Finished Sq Ft: 1450.0
  • Architectural Style: Contemporary, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Appliances, Doors, Insulation, Thermostat, Windows
  • Green Power: Solar
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Interior Amenities: Attic, Bathtub, Tub Shower
  • Living Area: 1450.0
  • Stories: 1
  • Window Features: Thermal Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sprinkler System, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Other, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch

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: Central Air, Ductless
  • Cooling Y N: Yes
  • Heating: Gas, Radiant, Zoned
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15000.0
  • Parcel #: 18RIVERSIDEDREPRO
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Public Transportation
  • Green Sustainability: Salvaged Materials

Tax Info

  • Tax Annual Amount: 9100.0
  • Tax Block: 5
  • Tax Lot: 23
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 13, 2024
Sold by
Benzuly Scott E and Benzuly Susan D
Bought by
Lau Peter and Lau Sophie
Seller's Agent
Ted Ngo
HomeSmart Professionals
Buyer's Agent
Nelson Taylor
Compass
List Price
$1,100,000
Sold Price
$1,100,000
Views
24
Current Estimated Value
$1,018,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,000
Avg. Annual Appreciation
-5.24%
Original Mortgage
$770,000
Outstanding Balance
$758,398
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,602

Purchase Details

Listed on
Sep 8, 2013
Closed on
Nov 5, 2013
Sold by
Leighton Heidi
Bought by
Benzuly Scott E and Benzuly Susan D
Seller's Agent
Ted Ngo
HomeSmart Professionals
Buyer's Agent
Ted Ngo
Block Island Rentals Online
List Price
$340,000
Sold Price
$339,500
Premium/Discount to List
-$500
-0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
Dec 1, 2004
Sold by
Wiken Jeanne
Bought by
Leighton Heidi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lau Peter $1,100,000 None Available
Lau Peter $1,100,000 None Available
Benzuly Scott E $340,000 --
Leighton Heidi $480,000 --
Benzuly Scott E $340,000 --
Leighton Heidi $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Peter $770,000
Closed Lau Peter $770,000
Previous Owner Leighton Heidi $126,000
Previous Owner Leighton Heidi $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2024 06/13/24 Sold $1,100,000 0.0% $759 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $1,100,000 +224.0% $759 / Sq Ft
11/05/2013 11/05/13 Sold $339,500 -0.1% $331 / Sq Ft View Prior Sale
10/06/2013 10/06/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $340,000 -- $331 / 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 $11,657 $891,900 $544,500 $347,400
2024 $10,990 $716,900 $427,500 $289,400
2023 $10,581 $716,900 $427,500 $289,400
2022 $10,969 $501,800 $321,500 $180,300
2021 $10,789 $501,800 $318,900 $182,900
2020 $10,332 $501,800 $318,900 $182,900
2019 $10,046 $501,800 $318,900 $182,900
2018 $9,772 $427,100 $275,900 $151,200
2017 $9,554 $427,100 $275,900 $151,200
2016 $10,306 $463,000 $303,300 $159,700
2015 $7,899 $344,200 $193,400 $150,800
2014 $7,482 $326,000 $193,400 $132,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1351677

State-Wide MLS

APN: EPRO-000414-000023-000005