NOT LISTED FOR SALE

26 Friendship Farm Ln Little Compton, RI 02837

Estimated Value: $380,561 - $399,000

22.11 Acres
$17,617 Price per Acre
963,112 Sq Ft Lot

Last Sold November 18, 2021

Last sale price $280,000

Est. 39% increase in value since last sale

Current estimated payment $2,181/month

307 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wetlands on Lot
  • Wilbur & McMahon School Rated A-
  • 22.11 Acre Lot
  • Wooded Lot

About This Lot

As of November 2021

Looking to build in a quiet New England coastal community? Look no further. Your opportunity awaits on one of the last and largest lots available in the Friendship Farm neighborhood. Build your private 4-bedroom home at the end of the cul de sac which boasts a quiet wooded country backdrop and 22.11 acres of private protected grounds. Just over 1 mile from the Town Commons and 2+ miles to South Shore Beach this property offers a nice balance of rural character and coastal charm. Private Road. HOA/Protective Covenants in place. 4-bedroom Septic Approval. Underground utilities.

Last Agent to Sell the Property

Welchman Real Estate Group

Compass Listed on: 12/15/2020

Co-Listed By

Renee Welchman

Compass License #REB.0018840

Last Buyer's Agent

Liz Kinnane

Mott & Chace Sotheby's Intl. License #RES.0027323

Mott & Chace Sotheby's Intl.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,411

Lot Details

  • 22.11 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot

Utilities

  • Water Not Available

Listing and Financial Details

  • Tax Lot 31-11
  • Assessor Parcel Number 26FRIENDSHIPFARMLANELANELCOM

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Wetlands on Lot

Additional Features

  • Friendship Farm Subdivision
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$1,411

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 22.11
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: KELW02
  • Co List Office Phone: 401-845-9200
  • Subdivision Name: Friendship Farm
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Wooded, Wetlands
  • Topography: Level

Utilities

  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Development Status: Other
  • Land Lease: No
  • Lot Size Sq Ft: 963122.0
  • Wooded Area: 100.0
  • Parcel #: 26FRIENDSHIPFARMLANELANELCOM
  • Zoning Description: Residential
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1411.0
  • Tax Lot: 31-11
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Nov 18, 2021
Sold by
K & M Quinn Properties Llc
Bought by
Saskatoon Llc
Seller's Agent
Welchman Real Estate Group
Compass
Buyer's Agent
Liz Kinnane
Mott & Chace Sotheby's Intl.
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%
Current Estimated Value
$389,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,520
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
May 8, 2003
Sold by
Lsf Realty Corp
Bought by
Quinn Michael and Quinn Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,200
Interest Rate
5.93%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Saskatoon Llc $280,000 None Available
Quinn Michael $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quinn Michael $116,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $280,000 -3.4% --
10/19/2021 10/19/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $289,900 -- --
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 $1,389 $273,500 $273,500 $0
2023 $1,357 $273,500 $273,500 $0
2022 $1,340 $273,500 $273,500 $0
2021 $1,422 $235,500 $235,500 $0
2020 $1,411 $235,500 $235,500 $0
2019 $1,397 $235,500 $235,500 $0
2018 $1,460 $244,900 $244,900 $0
2016 $1,389 $244,900 $244,900 $0
2015 $1,151 $200,100 $200,100 $0
2014 $1,129 $200,100 $200,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Renee Welchman

    Seller Co-Listing Agent in 2021

    Renee Welchman

    Compass

    (401) 649-1915

    39 in this area

    86 Total Sales

    Renee Welchman
    Section Image
  • Liz Kinnane

    Buyer's Agent in 2021

    Liz Kinnane

    Mott & Chace Sotheby's Intl.

    (401) 835-1030

    32 in this area

    82 Total Sales

    Liz Kinnane
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1271882

State-Wide MLS

APN: LCOM-000029-000000-000031-000011

Rhode Island Newport County Little Compton 02837

26 Friendship Farm Ln, Little Compton, RI

This home is located at 26 Friendship Farm Ln, Little Compton, RI 02837 since 15 December 2020 and is currently estimated at $389,520. 26 Friendship Farm Ln is a home located in Newport County with nearby schools including Wilbur & McMahon School.

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