NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,108,000

3 Beds
2 Baths
1,920 Sq Ft
$529/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $860,000 $448 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,137/month

57 Days on Market

Highlights

  • Marina
  • Water Views
  • Deck
  • Hamilton Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of September 2024

Step into your dream Saunderstown water view retreat! Situated in the heart of Saunderstown, steps from Saunderstown Yacht Club, this charming 1920's wood-shingle bungalow exudes timeless allure with its captivating water views. As you enter, you'll be greeted by a large living room adorned with beautiful hardwood floors. The elongated living area, complete with a cozy wood-burning fireplace, seamlessly flows into a first-floor den with built-in cabinets and a formal dining room, creating an inviting ambiance. The large kitchen, featuring a dining area and adjacent laundry room, is perfect for culinary endeavors. Bask in sunny days in the sunroom with access to the covered front porch, or find serenity on the side stone patio, rear covered porch, or in the fenced rear yard. Convenience is key with a bathroom on each level. Upstairs, three bedrooms await, including a spacious primary bedroom offering breathtaking waterviews. A wide hallway foyer and office add versatility to the upper level. Freshly painted interiors enhance the charm of this residence. Ideally situated near Wickford Village and Southern RI beaches, this home offers the ultimate coastal lifestyle.

Last Agent to Sell the Property

Sheil Readyhough Team

Serhant Rhode Island Listed on: 06/04/2024

Serhant Rhode Island

Last Buyer's Agent

Sheil Readyhough Team

Serhant Rhode Island Listed on: 06/04/2024

Serhant Rhode Island

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,011

Year Built

  • Built in 1919

Lot Details

  • 4,791 Sq Ft Lot
  • Fenced

Home Design

  • Bungalow
  • Stone Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 160
  • Assessor Parcel Number 20CAVANAUGHCTNKNG

Community Details

Overview

  • Saunderstown Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,011

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Inclusions: Saunderstown Yacht Club Info: https://saunderstownyachtclub.org/ (need to apply for membership + need sponsorship, currently no waitlist) Property Video: https://www.youtube.com/watch?v=ratIcG1mq0k For GPS purposes use 5 Cavanaugh Court for address. Shared Septic for Community - $1,000/year fee *Note: there is a right of way on the left side of the property
  • Subdivision Name: Saunderstown
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1919
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Stall Shower, Tub Shower
  • Living Area: 1920.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Other, Private Sewer
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 20CAVANAUGHCTNKNG
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9011.0
  • Tax Lot: 160
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Sep 9, 2024
Sold by
Peter Mercionetti T E and Peter Brown
Bought by
Greco Sara M and Orsenigo Alfredo
Seller's Agent
Sheil Readyhough Team
Serhant Rhode Island
Buyer's Agent
Sheil Readyhough Team
Serhant Rhode Island
List Price
$999,000
Sold Price
$860,000
Premium/Discount to List
-$139,000
-13.91%
Views
114
Current Estimated Value
$1,016,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,268
Avg. Annual Appreciation
14.41%
Original Mortgage
$560,000
Outstanding Balance
$554,066
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$462,202

Purchase Details

Closed on
Jun 19, 2015
Sold by
Marcionetti E P
Bought by
E P Marcionetti T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greco Sara M $860,000 None Available
Greco Sara M $860,000 None Available
E P Marcionetti T -- --
P Marcionetti T E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greco Sara M $560,000
Closed Greco Sara M $560,000
Previous Owner P Marcionetti T E $50,000
Previous Owner P Marcionetti T E $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $860,000 -9.5% $448 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $950,000 -4.9% $495 / Sq Ft
06/04/2024 06/04/24 For Sale $999,000 -- $520 / 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 $9,436 $854,700 $545,500 $309,200
2024 $9,011 $628,400 $395,400 $233,000
2023 $9,011 $628,400 $395,400 $233,000
2022 $8,835 $628,400 $395,400 $233,000
2021 $7,280 $416,000 $223,900 $192,100
2020 $7,109 $416,000 $223,900 $192,100
2019 $7,109 $416,000 $223,900 $192,100
2018 $6,583 $347,000 $214,000 $133,000
2017 $6,451 $347,000 $214,000 $133,000
2016 $6,267 $347,000 $214,000 $133,000
2015 $6,458 $334,600 $214,000 $120,600
2014 -- $334,600 $214,000 $120,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1359668

State-Wide MLS

APN: NKIN-000001-000160