NOT LISTED FOR SALE

257 Walmsley Ln Saunderstown, RI 02874

Estimated Value: $1,573,000 - $2,021,000

4 Beds
5 Baths
2,965 Sq Ft
$598/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $1,400,000 $472 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,466/month

3 Days on Market

Highlights

  • Golf Course Community
  • 2.57 Acre Lot
  • Deck
  • Waterfront
  • Colonial Architecture
  • Wooded Lot

About This Home

As of November 2023

Welcome to your dream home! Stunning four-bedroom waterfront colonial on Narrow River with amazing water views. This house belonged to Governor Sundlund and is a custom-built home with fine architectural detail on 2 1/2 acres of lush private grounds. Stone wall frontage with a circular driveway invites you into a gorgeous entry way with gleaming hardwoods, fireplaced living room, screened porch and two additional decks to enjoy the Waterview's. Huge gourmet kitchen with granite, with a water view breakfast nook. Stunning master with huge bath overlooking the river. This house also boasts a mooring, generator, and outdoor shower! Lovely quiet tree lined road boasts views of Narrow River just steps away. This is your private paradise, AND also close to all the restaurants and beach amenities you love. Kayak from your backyard! A rare gem - don't miss out!

Last Agent to Sell the Property

Joanne Perella

Lamacchia Realty, Inc License #RES.0042231 Listed on: 09/29/2023

Lamacchia Realty, Inc

Last Buyer's Agent

Joanne Perella

Lamacchia Realty, Inc License #RES.0042231 Listed on: 09/29/2023

Lamacchia Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,257

Year Built

  • Built in 1995

Lot Details

  • 2.57 Acre Lot
  • Waterfront
  • Wooded Lot
  • Property is zoned R80

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Gas Fireplace
  • Thermal Windows
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Water Views
  • Security System Leased
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Balcony
  • Deck
  • Screened Patio
  • Breezeway
  • Porch

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Power Generator
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 257WALMSLEYLANESKNG

Community Details

Overview

  • Narrow River Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,257

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.57
  • Subdivision Name: Narrow River
  • Above Grade Finished Sq Ft: 2419.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1995
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 546.0
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Tub Shower, Storage
  • Living Area: 2965.0
  • Dining Room Type: Bathroom, Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Primary Bedroom, Porch, Storage Room, Sunroom, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Mooring, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Siding
  • Exterior Features: Balcony, Breezeway, Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Security: Security System Leased
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Generator
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 111949.0
  • Parcel #: 257WALMSLEYLANESKNG
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 14257.0
  • Tax Lot: 14
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 17, 2023
Sold by
Martha H Bower Relt H and Martha Bower
Bought by
Miller Derek H and Miller Stephanie F
Seller's Agent
Joanne Perella
Lamacchia Realty, Inc
Buyer's Agent
Joanne Perella
Lamacchia Realty, Inc
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Views
77
Current Estimated Value
$1,774,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,407
Avg. Annual Appreciation
13.75%
Original Mortgage
$950,000
Outstanding Balance
$930,902
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$843,505

Purchase Details

Closed on
Apr 6, 2015
Sold by
Gaines Ernest L and Gaines Deborah R
Bought by
Ernest L Gaines Jr T L and Ernest Gaines

Purchase Details

Listed on
May 3, 2013
Closed on
Jul 18, 2013
Sold by
Foulkes William G and Foulkes Helena B
Bought by
Gaines Ernest L and Gaines Deborah R
Seller's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
Buyer's Agent
Cindy Curtis
Cindy Curtis Real Estate
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$390,000
Interest Rate
3.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Sundlun Bruce and Sundlun Susan Garvin
Bought by
Foulkes William G and Foulkes Helena Buonanno

Purchase Details

Closed on
Jul 1, 1999
Sold by
Phase 3 Dev Co Inc
Bought by
Sundlun Bruce
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
Miller Derek H $1,400,000 None Available
Ernest L Gaines Jr T L -- --
Gaines Ernest L $800,000 --
Foulkes William G $1,075,000 --
Sundlun Bruce $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Derek H $950,000
Previous Owner Sundlun Bruce $600,000
Previous Owner Sundlun Bruce $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $1,400,000 +0.1% $472 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $1,399,000 +43.5% $472 / Sq Ft
01/25/2018 01/25/18 Sold $975,000 -17.0% $328 / Sq Ft
12/26/2017 12/26/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $1,175,000 +46.9% $395 / Sq Ft
07/18/2013 07/18/13 Sold $800,000 -11.0% $324 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $899,000 -- $364 / 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 $13,157 $1,471,700 $857,900 $613,800
2024 $14,388 $1,302,100 $796,700 $505,400
2023 $14,388 $1,302,100 $796,700 $505,400
2022 $14,258 $1,302,100 $796,700 $505,400
2021 $12,118 $838,600 $440,800 $397,800
2020 $12,118 $838,600 $440,800 $397,800
2019 $12,118 $838,600 $440,800 $397,800
2018 $12,508 $797,700 $460,100 $337,600
2017 $12,213 $797,700 $460,100 $337,600
2016 $12,037 $797,700 $460,100 $337,600
2015 $12,068 $777,600 $420,900 $356,700
2014 $12,037 $777,600 $420,900 $356,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1344767

State-Wide MLS

APN: SKIN-001901-000000-000014