NOT LISTED FOR SALE

Estimated Value: $1,324,000 - $1,803,391

4 Beds
2 Baths
2,104 Sq Ft
$750/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $875,000 $416 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,590/month

21 Days on Market

Highlights

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

About This Home

As of June 2016

Panoramic views! Charming Cottage in Saunderstown Village overlooks Bay. Renovated with great appeal. Gourmet Kitchen w/pantry. Guest Wing. Huge master bedroom w/walk-in closets. Mahogany wrap-around porch. Private garden/fire pit. Delightful!

Last Agent to Sell the Property

MARY DAVIS

Coastal Prop.South County, Inc License #REB.0009261 Listed on: 04/18/2016

Last Buyer's Agent

Sara Andrews

RI Real Estate Services License #RES.0040711

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,215

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned NR

Parking

  • 2 Car Attached Garage

Home Design

  • Stone Foundation
  • Wood Siding
  • Clapboard

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Crawl Space
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 20WATERWAYEXT.NKNG

Community Details

Overview

  • Saunderstown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,215

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: SAUNDERSTOWN
  • Above Grade Finished Sq Ft: 2104.0
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), High Ceilings, Permanent Attic Stairs, Storage, Skylights, Vaulted Ceiling(s), Cable TV
  • Living Area: 2104.0
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Wood Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Water, Propane, Oil
  • Heating Yn: Yes
  • Electric: 200+ 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, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 20WATERWAYEXT.NKNG
  • Zoning: NR

Tax Info

  • Tax Annual Amount: 11215.0
  • Tax Lot: 115
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 9, 2016
Sold by
Scura Paul
Bought by
Whelan Christopher and Whelan Maria E
Seller's Agent
MARY DAVIS
Coastal Prop.South County, Inc
Buyer's Agent
Sara Andrews
RI Real Estate Services
List Price
$920,000
Sold Price
$875,000
Premium/Discount to List
-$45,000
-4.89%
Current Estimated Value
$1,578,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,348
Avg. Annual Appreciation
6.43%
Original Mortgage
$375,000
Outstanding Balance
$234,952
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,343,396

Purchase Details

Closed on
Mar 30, 2006
Sold by
Gillespie John and Gillespie Sarah
Bought by
Scura Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Zangari Patricia A
Bought by
Gillespie John F and Strom-Gillespie Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Whelan Christopher $875,000 --
Scura Paul $950,000 --
Gillespie John F $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whelan Christopher $375,000
Previous Owner Gillespie John F $712,500
Previous Owner Gillespie John F $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2016 06/09/16 Sold $875,000 -4.9% $416 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $920,000 -- $437 / 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 $15,752 $1,426,800 $955,300 $471,500
2024 $15,226 $1,061,800 $692,200 $369,600
2023 $15,226 $1,061,800 $692,200 $369,600
2022 $14,929 $1,061,800 $692,200 $369,600
2021 $12,205 $697,400 $392,200 $305,200
2020 $10,774 $630,400 $392,200 $238,200
2019 $11,160 $653,000 $392,200 $260,800
2018 $10,959 $577,700 $374,900 $202,800
2017 $10,739 $577,700 $374,900 $202,800
2016 $10,433 $577,700 $374,900 $202,800
2015 $11,215 $581,100 $374,900 $206,200
2014 $10,989 $581,100 $374,900 $206,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1123214

State-Wide MLS

APN: NKIN-000001-000115