Seller's Agent in 2024
Jennifer Phillips
Phillips Real Estate
(401) 466-8806
29 Total Sales
257 Spring St New Shoreham, RI 02807
Estimated Value: $1,401,119 - $1,728,000
3
Beds
2
Baths
1,222
Sq Ft
$1,320/Sq Ft
Est. Value
Highlights
- Water Views
- 1 Fireplace
- Workshop
- Deck
- Cottage
- 5-minute walk to Ocean View Park
About This Home
As of April 2024Charming, vintage home built in 1940 offers a nostalgic retreat with pretty views of the Atlantic. This year-round house features 3 bedrooms, 2 full bathrooms, and includes outbuildings for extra storage or creative endeavors. This is a perfect opportunity for those looking to live close to town while still enjoying a private yard. Situated adjacent to a vibrant working farm, you'll have the opportunity to witness the beauty of flourishing vegetables, flowers, and even exotic animals. Offered as is, this property invites you to embrace its timeless allure and embark on a journey of restoration and cherished memories.
Last Agent to Sell the Property
Phillips Real Estate License #REB.0015012 Listed on: 11/15/2023
Last Buyer's Agent
Phillips Real Estate License #REB.0015012 Listed on: 11/15/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,482
Year Built
- Built in 1940
Lot Details
- 0.38 Acre Lot
- Property is zoned RCM
Home Design
- Cottage
- Combination Foundation
- Shingle Siding
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Workshop
- Storage Room
- Laundry Room
- Utility Room
- Laminate Flooring
- Water Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Deck
- Screened Patio
- Outbuilding
- Porch
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Baseboard Heating
- Oil Water Heater
Community Details
- Shops
- Restaurant
Listing and Financial Details
- Tax Lot 32
- Assessor Parcel Number 257SPRINGSTNSHM
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2023
Closed on
Apr 5, 2024
Sold by
Patricia Ross Campbell Lt and Ellis
Bought by
Garden Lot Llc
Seller's Agent
Jennifer Phillips
Phillips Real Estate
Buyer's Agent
Jennifer Phillips
Phillips Real Estate
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,530
Avg. Annual Appreciation
10.14%
Original Mortgage
$1,500,000
Outstanding Balance
$1,480,414
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,072
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garden Lot Llc | $1,400,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garden Lot Llc | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2024 04/15/24 | Sold | $1,400,000 | -12.5% | $1,146 / Sq Ft |
| 02/08/2024 02/08/24 | Pending | -- | -- | -- |
| 11/15/2023 11/15/23 | For Sale | $1,600,000 | -- | $1,309 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,682 | $848,200 | $607,700 | $240,500 |
| 2023 | $5,106 | $848,200 | $607,700 | $240,500 |
| 2022 | $4,463 | $630,400 | $539,760 | $90,640 |
| 2021 | $4,224 | $630,400 | $539,760 | $90,640 |
| 2020 | $4,009 | $630,400 | $539,760 | $90,640 |
| 2019 | $3,883 | $630,400 | $539,760 | $90,640 |
| 2018 | $3,640 | $611,840 | $514,160 | $97,680 |
| 2017 | $3,585 | $611,840 | $514,160 | $97,680 |
| 2016 | $3,500 | $611,840 | $514,160 | $97,680 |
| 2015 | $4,245 | $770,500 | $642,700 | $127,800 |
| 2014 | $4,114 | $770,500 | $642,700 | $127,800 |
| 2013 | $4,014 | $770,500 | $642,700 | $127,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Phillips
Map
Source: State-Wide MLS
MLS Number: 1348024
APN: BLOC-000007-000000-000032
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