NOT LISTED FOR SALE

Estimated Value: $824,942 - $974,000

2 Beds
1.5 Baths
1,880 Sq Ft
$474/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $462,000 $246 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,973/month

20 Days on Market

Highlights

  • Marina
  • Water Views
  • Colonial Architecture
  • Wilbur & McMahon School Rated A-
  • Golf Course Community
  • Deck

About This Home

As of April 2018

Completely re-built in 2010, this light-filled Colonial features quality construction, high-end finishes throughout, and gorgeous western views of the Sakonnet Passage. The beautiful oak entry door welcomes you into this cozy home. The first floor features a living room with stone fireplace, woodstove and reading nook, a light-filled eat-in kitchen with maple cabinetry, plenty of counter space, gas stove, and stainless appliances. Sliding doors open on to a large deck - great for family cookouts, entertaining, or just taking in the gorgeous Sakonnet sunsets. The half bath on the first floor also contains a laundry area. The second floor offers 2 bedrooms, including a spacious master bedroom with cathedral ceiling, large custom closet, and sliding doors that open onto a private balcony. The full bath features a granite countered vanity and ceramic tile floor. A third room can be an office, den, or small bedroom. The third floor media room also serves as a guest room. Other features include hardwood floors, Pella windows and sliding doors, and walk-down basement and professionally landscaped grounds. 2 Town Way is located in the Compton Cliffs neighborhood and is ideally situated to take in the views of the Sakonnet Passage. Swimming, kayaking, fishing, boating, and beach walks are all just a short walk down the hill. Close to all area beaches, farm stands, Sakonnet Vineyards, Little Compton town center, Tiverton Four Corners. Buyer pays LCAT.

Last Agent to Sell the Property

Cherry Arnold

Mott & Chace Sotheby's Intl. License #RES.0040832 Listed on: 02/20/2018

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Gil Campos

Re/Max Real Estate Center License #REB.0014871

Re/Max Real Estate Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 1950

Lot Details

  • 10,360 Sq Ft Lot
  • Electric Fence

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,880 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Stone Fireplace
  • Thermal Windows
  • Water Views
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service
  • Power Generator
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 2TOWNWYLCOM

Community Details

Recreation

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

Additional Features

  • Compton Cliffs Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,160

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2378
  • Subdivision Name: Compton Cliffs
  • Above Grade Finished Sq Ft: 1880.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Appliances
  • Building Stories: 3
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 1880.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Estimated

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Generator, 220 Volts
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10360.0
  • Parcel #: 2TOWNWYLCOM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2160.0
  • Tax Lot: 44
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Apr 12, 2018
Sold by
Latino Michael and Latino Cassie
Bought by
Mcdonnell Anthony and Mcdonnell Margaret C
Seller's Agent
Cherry Arnold
Mott & Chace Sotheby's Intl.
Buyer's Agent
Gil Campos
Re/Max Real Estate Center
List Price
$469,000
Sold Price
$462,000
Premium/Discount to List
-$7,000
-1.49%
Current Estimated Value
$890,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,736
Avg. Annual Appreciation
8.72%
Original Mortgage
$414,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2015
Closed on
Apr 11, 2016
Sold by
Burchard Hope M and Burchard Jason F
Bought by
Latino Michael and Latino Cassie
Seller's Agent
Kathleen Hall
Spinnaker Properties LLC.
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$438,000
Sold Price
$380,000
Premium/Discount to List
-$58,000
-13.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Apr 14, 2014
Sold by
Miller Hope H
Bought by
Burchard Hope M and Burchard Jason F

Purchase Details

Closed on
Apr 25, 2000
Sold by
Thayer Harvey H
Bought by
Miller Hope M
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
Mcdonnell Anthony $462,000 --
Latino Michael $380,000 --
Burchard Hope M -- --
Miller Hope M $122,000 --
Mcdonnell Anthony $462,000 --
Latino Michael $380,000 --
Burchard Hope M -- --
Miller Hope M $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonnell Anthony $403,000
Closed Mcdonnell Anthony $407,000
Closed Thayer Harvey $414,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $462,000 -1.5% $246 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $469,000 +23.4% $249 / Sq Ft
04/11/2016 04/11/16 Sold $380,000 -13.2% $226 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
09/09/2015 09/09/15 For Sale $438,000 -- $261 / 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 $2,994 $589,400 $154,300 $435,100
2023 $2,923 $589,400 $154,300 $435,100
2022 $2,490 $589,400 $154,300 $435,100
2021 $2,490 $412,200 $134,100 $278,100
2020 $2,469 $412,200 $134,100 $278,100
2019 $2,444 $412,200 $134,100 $278,100
2018 $2,284 $383,200 $140,200 $243,000
2016 $2,061 $363,500 $140,200 $223,300
2015 $2,233 $388,400 $138,600 $249,800
2014 $2,191 $388,400 $138,600 $249,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1182984

State-Wide MLS

APN: LCOM-000001-000000-000044