NOT LISTED FOR SALE

251 Ram Island Rd Charlestown, RI 02813

Estimated Value: $721,000 - $889,000

3 Beds
2 Baths
1,287 Sq Ft
$608/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $400,000 $311 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,550/month

59 Days on Market

Highlights

  • Water Views
  • Deck
  • Recreation Facilities
  • Water Access
  • Wood Flooring
  • Storm Windows

About This Home

As of May 2019

Summer relaxation at its best. Across from Green Hill Pond, this cozy cottage is a perfect summer getaway. Relax with your beverage of choice on the deck and enjoy the lovely water view. Newly refreshed and updated interior, there is a bedroom and bath on the main level and 2 bedrooms and a bath on the second level. Just a 5 minute drive to Charlestown Beach. Water facing sliders and windows have newly installed hurricane glass. Across from Green Hill Pond this home has a strong summer rental history. Join the Ocean Ridge Civic Association (ORCA) for a nominal fee. ORCA offers 2 boat launch areas as well as kyack and canoe racks and much more.

Last Agent to Sell the Property

Cecile Cohen

Compass License #REB.0011421 Listed on: 02/15/2019

Compass

Last Buyer's Agent

Patrice Fenton

Compass License #RES.0015613

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,299

Year Built

  • Built in 2017

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned R20

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,287 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 461
  • Assessor Parcel Number 251RAMISLANDRDCHAR

Community Details

Overview

  • Ocean Ridge Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,299

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.11
  • Subdivision Name: Ocean Ridge
  • Above Grade Finished Sq Ft: 1287.0
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2017
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1287.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 251RAMISLANDRDCHAR
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3299.0
  • Tax Lot: 461
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
May 16, 2019
Sold by
Bailey Edgar C and Bailey Priscilla L
Bought by
Ceili Llc
Seller's Agent
Cecile Cohen
Compass
Buyer's Agent
Patrice Fenton
Compass
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$783,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,135
Avg. Annual Appreciation
11.33%

Purchase Details

Closed on
May 27, 1993
Sold by
Bundy Felicia A
Bought by
Bailey Edgar C and Bailey Priscilla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.41%
Source: Public Records

Range of Values:

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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
Ceili Llc $400,000 --
Bailey Edgar C $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Edgar C $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $400,000 -5.9% $311 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $425,000 -- $330 / 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 $3,397 $587,700 $346,500 $241,200
2023 $3,373 $587,700 $346,500 $241,200
2022 $3,308 $404,900 $231,000 $173,900
2021 $3,272 $400,000 $231,000 $169,000
2020 $3,292 $400,000 $231,000 $169,000
2019 $3,159 $342,200 $231,000 $111,200
2018 $3,299 $342,200 $231,000 $111,200
2017 $3,282 $342,200 $231,000 $111,200
2016 $3,341 $327,200 $220,000 $107,200
2015 $3,308 $327,200 $220,000 $107,200
2014 $3,239 $327,200 $220,000 $107,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cecile Cohen

    Compass

    (401) 364-7310

    5 in this area

    9 Total Sales

    Cecile Cohen
    Section Image
  • Patrice Fenton

    Buyer's Agent in 2019

    Patrice Fenton

    Compass

    (401) 212-6166

    31 in this area

    57 Total Sales

    Patrice Fenton
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1214915

State-Wide MLS

APN: CHAR-000011-000000-000461

Rhode Island Washington County Charlestown 02813

251 Ram Island Rd, Charlestown, RI

This home is located at 251 Ram Island Rd, Charlestown, RI 02813 since 15 February 2019 and is currently estimated at $783,135, approximately $608 per square foot. This property was built in 2017. 251 Ram Island Rd is a home located in Washington County with nearby schools including Chariho Regional Middle School and Chariho High School.

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