NOT LISTED FOR SALE

Estimated Value: $1,047,998 - $1,203,000

4 Beds
2.5 Baths
2,556 Sq Ft
$435/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $550,000 $215 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $6,779/month

30 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Cape Cod Architecture
  • Hamilton Elementary School Rated A
  • 3.15 Acre Lot
  • Deck

About This Home

As of December 2018

Waterview / Plum Beach Opportunity awaits the buyer who has vision. Spacious 4 bedroom, 2.5 bath home situated on over 3 acres that borders waterfront State owned land which is sandy beachfront!! You basically have waterfront for waterview taxes. Compelling waterviews displaying Narragansett Bay and bridges as well as recreational boat traffic. This property is extremely private yet just steps to sandy beach for sunbathing, swimming, kayaking and fishing. The Plum Beach Club is just a short stroll on the beach should you want to become a member. The house is in need of updates but has excellent bones and will make a phenomenal year round or summer place. Investors should take notice as well. This property is priced very well for all possible suitors. Priced below appraisal and assessed value. Easy access to Providence, Newport and TF Green International Airport.

Last Agent to Sell the Property

John Krekorian

RE/MAX FLAGSHIP, INC. License #RES.0024980 Listed on: 10/04/2018

RE/MAX FLAGSHIP, INC.

Last Buyer's Agent

Kyle Luderer

Keller Williams Coastal License #RES.0035265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,230

Year Built

  • Built in 1975

Lot Details

  • 3.15 Acre Lot
  • Beach Front
  • Wooded Lot
  • Property is zoned NR

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 2,556 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Carpet
  • Water Views
  • Intercom
  • Dryer

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 189
  • Assessor Parcel Number 241FLEETWOODDRNKNG

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Plum Beach Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,230

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.15
  • Subdivision Name: Plum Beach
  • Above Grade Finished Sq Ft: 2556.0
  • Architectural Style: Cape Cod, Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Other Equipment: Intercom
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 2556.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Mooring, Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Brick, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

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: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 137214.0
  • Parcel #: 241FLEETWOODDRNKNG
  • Zoning: NR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12230.0
  • Tax Lot: 189
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 3, 2018
Sold by
Lindabrian Inc
Bought by
Kann Vannak
Seller's Agent
John Krekorian
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Kyle Luderer
Keller Williams Coastal
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$1,112,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,250
Avg. Annual Appreciation
10.95%
Original Mortgage
$440,000
Outstanding Balance
$391,273
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$720,977

Purchase Details

Closed on
Jul 13, 2018
Sold by
Lindabrian Inc
Bought by
Lindabrian Inc
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
Kann Vannak $550,000 --
Lindabrian Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kann Vannak $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $550,000 -8.2% $215 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $599,000 0.0% $234 / Sq Ft
03/19/2015 03/19/15 Rented $1,950 -7.1% --
02/17/2015 02/17/15 Under Contract -- -- --
01/16/2015 01/16/15 For Rent $2,100 -- --
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 $9,191 $832,500 $533,100 $299,400
2024 $10,811 $753,900 $527,600 $226,300
2023 $10,811 $753,900 $527,600 $226,300
2022 $10,600 $753,900 $527,600 $226,300
2021 $10,668 $609,600 $421,600 $188,000
2020 $10,418 $609,600 $421,600 $188,000
2019 $10,418 $609,600 $421,600 $188,000
2018 $12,154 $640,700 $487,000 $153,700
2017 $11,911 $640,700 $487,000 $153,700
2016 $11,571 $640,700 $487,000 $153,700
2015 $12,132 $628,600 $487,000 $141,600
2014 $11,887 $628,600 $487,000 $141,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1205504

State-Wide MLS

APN: NKIN-000041-000189