NOT LISTED FOR SALE

Estimated Value: $7,710,654

5 Beds
6 Baths
6,555 Sq Ft
$1,176/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $9,125,000 $1,392 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $44,969/month

443 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • 3-minute walk to Conanicut Battery Historic Park

About This Home

As of August 2020

Beautifully designed and artfully crafted, this classically elegant 6500+ sq ft oceanfront estate is pure joy! Perfectly set on 27 elevated oceanfront acres, once the site of Beavertail Country Club (tee boxes on the property!) with 1800 feet of private coastline overlooking the pristine and picturesque West Passage of the Narragansett Bay. Lovely and sunlit interiors with endless detail and charm include a two-story entry with dramatic curved staircase, large oceanside living room with beamed ceilings and marble fireplace, comfortable formal dining room with fireplace and French doors to terrace, perfect sunroom with walls of glass and stone floor, wood-paneled office/library, gourmet kitchen w/stainless appliances, pantry and ocean view breakfast area opening to the perfect family room with arched doorways and stone fireplace.The second floor oceanfront master suite has a balcony, marble spa bath and separate sitting room with fireplace and breakfast bar. There are 4 additional bedrooms, 3 are generously sized ensuite. There is a full basement, oversized garage, outdoor shower and separate barn.The setting is magical and includes a stone bridge over a small pond, open fields, tree-lined drive and lovely landscaping. Enjoy the daily comings and goings of boats of all descriptions as they pass through the Bay. As the day ends, watch the spectacular sunset from your stone terrace or walk down the stairs for a swim or a lovely walk along the rocky coast. An absolute delight!

Last Agent to Sell the Property

Judith Chace

Mott & Chace Sotheby's Intl. License #REC.0016122 Listed on: 04/17/2019

Mott & Chace Sotheby's Intl.

Co-Listed By

Erin Marsh

Mott & Chace Sotheby's Intl. License #RES.0040378

Last Buyer's Agent

Bridgette Soby

Mott & Chace Sotheby's Intl. License #RES.0029660

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,958

Year Built

  • Built in 2004

Lot Details

  • 45.19 Acre Lot
  • Beach Front
  • Private Lot
  • Secluded Lot
  • Sprinkler System
  • Wooded Lot
  • Property is zoned R-80

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 6,555 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 4 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Thermal Windows
  • Water Views
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Property near a hospital
  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 260BEAVERTAILRDJAME

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Beavertail Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,958

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 45.19
  • Co List Office Mls Id: MOCH03
  • Co List Office Phone: 401-789-8899
  • Subdivision Name: Beavertail
  • Above Grade Finished Sq Ft: 6555.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Range Hood, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Marble, Stone, Tile
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Attic, Wet Bar, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 6555.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Sprinkler System, Wooded, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 12.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hydro Air, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Underground
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 1968476.0
  • Parcel #: 260BEAVERTAILRDJAME
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 39958.0
  • Tax Lot: 42
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Pgmp T
Bought by
Wsfh Llc
Total Days on Market
443
Current Estimated Value
$7,710,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,999,999
Outstanding Balance
$2,701,249
Interest Rate
2.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,009,405

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jul 29, 2020
Sold by
Young Patricia J and Hamilton Paul J
Bought by
Pgmp T
Seller's Agent
Judith Chace
Mott & Chace Sotheby's Intl.
Buyer's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
List Price
$6,500,000
Sold Price
$9,125,000
Premium/Discount to List
$2,625,000
40.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.40%
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 Buyer Sale Price Title Company
Wsfh Llc -- None Available
Pgmp T $5,125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wsfh Llc $2,999,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $9,125,000 +40.4% $1,392 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
04/17/2019 04/17/19 For Sale $6,500,000 -- $992 / 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 $48,575 $6,774,780 $5,450,480 $1,324,300
2023 $47,578 $6,816,380 $5,450,480 $1,365,900
2022 $46,283 $6,816,380 $5,450,480 $1,365,900
2021 $32,036 $3,869,100 $2,260,300 $1,608,800
2020 $31,664 $3,923,700 $2,314,900 $1,608,800
2019 $31,586 $3,923,700 $2,314,900 $1,608,800
2018 $35,438 $4,004,300 $2,011,400 $1,992,900
2017 $34,677 $4,004,300 $2,011,400 $1,992,900
2016 $34,357 $4,004,300 $2,011,400 $1,992,900
2015 $35,364 $4,027,800 $2,209,900 $1,817,900
2014 $1,155 $132,000 $132,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1218820

State-Wide MLS

APN: JAME-000012-000000-000042