$485,000
SOLD DEC 20, 2016

25 Tompkins Ln Little Compton, RI 02837

4 Beds
3 Baths
2,493 Sq Ft
2.06 Acres

Recently Sold

$195 Per Sq Ft

19% Below List Price

141 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Stables
  • Wilbur & McMahon School Rated A-
  • Barn
  • 2.06 Acre Lot

About This Home

As of December 2016

Lovely 4 bed Colonial w/ historic flair. Tons of guest & overflow entertaining space. Situated on 2 perfectly manicured acres w/ exquisite barn, including 2 horse stalls w/loft, 2-30' garage bays, 2,000+ sq. ft. entertainment barn w/ fullbath/balcony

Last Agent to Sell the Property

Welchman Real Estate Group

Compass Listed on: 07/01/2016

Last Buyer's Agent

Bridget Torrey

Gustave White Sotheby's Realty License #REB.0016962

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 1940

Lot Details

  • 2.06 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Heating System Uses Steam
  • Underground Utilities
  • 200+ Amp Service
  • Power Generator
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 62-1
  • Assessor Parcel Number 25TOMPKINSLANELCOM

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Watson Reservoir/Burchard Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,440

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 2.06
  • Subdivision Name: WATSON RESERVOIR/BURCHARD
  • Above Grade Finished Sq Ft: 2097.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Oven, Oil Water Heater, Range, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 396.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs, Cable TV, Wood Burning Stove
  • Living Area: 2493.0
  • Dining Room Type: Bathroom, Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Combination
  • Other Structures: Barn(s)
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Propane, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Horse Amenities: Horses Allowed, Stable(s)
  • Land Lease: No
  • Lot Size Sq Ft: 89734.0
  • Parcel #: 25TOMPKINSLANELCOM
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2440.0
  • Tax Lot: 62-1
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Dec 20, 2016
Sold by
Paasche Norman S and Paasche Jill R
Bought by
Torrey Ted and Torrey Bridget
Seller's Agent
Welchman Real Estate Group
Compass
Buyer's Agent
Bridget Torrey
Gustave White Sotheby's Realty
List Price
$599,000
Sold Price
$485,000
Premium/Discount to List
-$114,000
-19.03%
Current Estimated Value
$1,064,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,024
Avg. Annual Appreciation
9.57%
Original Mortgage
$412,250
Outstanding Balance
$338,303
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$727,322

Purchase Details

Closed on
Feb 29, 2000
Sold by
Fernandes Alfred and Fernandes Theresa
Bought by
Paasche Norman S and Paasche Jill
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 --
Warranty Deed $277,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Credit Line Revolving
Open $412,250 Purchase Money Mortgage
Previous Owner $75,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2016 12/20/16 Sold $485,000 0.0% $195 / Sq Ft
12/20/2016 12/20/16 Sold $485,000 -11.8% $195 / Sq Ft
11/20/2016 11/20/16 Pending -- -- --
09/19/2016 09/19/16 Pending -- -- --
09/11/2016 09/11/16 Price Changed $550,000 -8.2% $221 / Sq Ft
08/26/2016 08/26/16 For Sale $599,000 0.0% $240 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $599,000 0.0% $240 / Sq Ft
07/01/2016 07/01/16 Price Changed $599,000 +2.4% $240 / Sq Ft
07/01/2016 07/01/16 For Sale $585,000 0.0% $235 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
11/11/2014 11/11/14 Price Changed $585,000 -2.3% $235 / Sq Ft
10/20/2014 10/20/14 Price Changed $599,000 -4.2% $240 / Sq Ft
09/29/2014 09/29/14 Price Changed $625,000 -3.8% $251 / Sq Ft
07/24/2014 07/24/14 Price Changed $650,000 -7.0% $261 / Sq Ft
06/05/2014 06/05/14 For Sale $699,000 -- $280 / 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 $4,084 $803,900 $189,700 $614,200
2023 $3,987 $803,900 $189,700 $614,200
2022 $3,939 $803,900 $189,700 $614,200
2021 $3,742 $619,500 $165,300 $454,200
2020 $3,711 $619,500 $165,300 $454,200
2019 $3,674 $619,500 $165,300 $454,200
2018 $3,565 $598,200 $165,300 $432,900
2016 $3,220 $567,900 $165,300 $402,600
2015 $2,440 $424,400 $150,400 $274,000
2014 $2,394 $424,400 $150,400 $274,000
Source: Public Records

Agents Affiliated with this Home

  • Bridget Torrey

    Buyer's Agent in 2016

    Bridget Torrey

    Gustave White Sotheby's Realty

    (401) 575-6522

    3 in this area

    84 Total Sales

    Bridget Torrey
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1130473

State-Wide MLS

APN: LCOM-000025-000000-000062-000001

Rhode Island Newport County Little Compton 02837

25 Tompkins Ln, Little Compton, RI

This home is located at 25 Tompkins Ln, Little Compton, RI 02837 and is currently priced at $485,000, approximately $194 per square foot. This property was built in 1940. 25 Tompkins Ln is a home located in Newport County with nearby schools including Wilbur & McMahon School.

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