NOT LISTED FOR SALE

28 Ocean Dr Little Compton, RI 02837

Estimated Value: $1,493,000 - $1,919,000

3 Beds
2 Baths
1,768 Sq Ft
$951/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $895,000 $506 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $9,848/month

47 Days on Market

Highlights

  • Beach Front
  • Marina
  • Colonial Architecture
  • Wilbur & McMahon School Rated A-
  • Water Access
  • Deck

About This Home

As of October 2018

Rare opportunity to own an ocean front, elevated property in Little Compton! This sun drenched three-bedroom Colonial built in 1955 and added on to in 1986 enjoys stunning 180 ocean views stretching from the shores of Little Compton and Westport out to the Elizabeth Islands, Martha’s Vineyard and Cuttyhunk. Take in the spectacular sunrises and moonrises over the Atlantic Ocean along with the beautiful sounds and smells of the sea. The rolling lawn takes you down to the rocky beach below where you can surf cast for bass and blue fish or just stroll along the shore. The first floor of this well-maintained home features an open floor plan with living and dining areas, hardwood floors and fire place, a fully outfitted kitchen with ceramic tiled counters and gas stove, as well as a full bath, a laundry area, and central air, and leads out to a gorgeous newly-built 400 sq.ft. deck – perfect for taking in the ocean and entertaining family and friends. The second floor offers three bedrooms, each with it’s own beautiful views of the ocean, including a sizable master bedroom with private walk-out balcony. The second floor full bath features a tiled floor and tile accents. Insulated windows as well as updated electric, newer heating & cooling systems and septic complete this amazing offering. 28 Ocean Drive is walking distance to South Shore and Goosewing beaches, and is minutes to the town Commons, local farm stands and Sakonnet Point. Buyer Pays LCAT Tax at closing.

Last Agent to Sell the Property

Cherry Arnold

Mott & Chace Sotheby's Intl. License #RES.0040832 Listed on: 07/18/2018

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Rebecca Rubin

Compass License #RES.0040439

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,950

Year Built

  • Built in 1955

Lot Details

  • 0.48 Acre Lot
  • Beach Front

HOA Fees

  • $10 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,768 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 220 Volts
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 28OCEANDRLCOM

Community Details

Overview

  • Indian Rock Acres Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,950

Year Built

Built in 1955

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Subdivision Name: Indian Rock Acres
  • Above Grade Finished Sq Ft: 1768.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Other
  • Interior Amenities: Attic, Cedar Closet(s), Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 1768.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, 1 Unit, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Gas, Individual, Other
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 125.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20908.0
  • Parcel #: 28OCEANDRLCOM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4949.98
  • Tax Lot: 161
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Mcdowell Jennifer
Bought by
Jennifer H Mcdowell T H and Jennifer Mcdowell
Current Estimated Value
$1,681,795

Purchase Details

Listed on
Jul 18, 2018
Closed on
Oct 4, 2018
Sold by
Pino Loe A and Pino Richard D
Bought by
Mcdowell Jennifer
Seller's Agent
Cherry Arnold
Mott & Chace Sotheby's Intl.
Buyer's Agent
Rebecca Rubin
Compass
List Price
$949,000
Sold Price
$895,000
Premium/Discount to List
-$54,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Nov 5, 2014
Sold by
Pino Loe A
Bought by
Pino Loe A and Pino Richard D

Purchase Details

Closed on
Sep 2, 1983
Bought by
Pino Loe Anne K and Pino Richard D
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
Jennifer H Mcdowell T H -- None Available
Jennifer H Mcdowell T H -- None Available
Mcdowell Jennifer $895,000 --
Pino Loe A -- --
Pino Loe Anne K -- --
Mcdowell Jennifer $895,000 --
Pino Loe A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pino Loe Anne K $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2018 10/04/18 Sold $895,000 -5.7% $506 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $949,000 -- $537 / 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 $6,586 $1,296,400 $849,600 $446,800
2023 $6,485 $1,307,500 $849,600 $457,900
2022 $5,425 $1,107,100 $849,600 $257,500
2021 $5,479 $907,100 $738,700 $168,400
2020 $5,420 $904,800 $738,700 $166,100
2019 $5,342 $900,800 $738,700 $162,100
2018 $5,052 $847,600 $669,400 $178,200
2016 $4,703 $829,400 $669,400 $160,000
2015 $4,639 $806,800 $629,700 $177,100
2014 $4,550 $806,800 $629,700 $177,100
Source: Public Records

Agents Affiliated with this Home

  • Cherry Arnold

    Seller's Agent in 2018

    Cherry Arnold

    Mott & Chace Sotheby's Intl.

    (401) 864-5401

    47 in this area

    86 Total Sales

    Cherry Arnold
    Section Image
  • Rebecca Rubin

    Buyer's Agent in 2018

    Rebecca Rubin

    Compass

    (401) 481-1500

    4 in this area

    47 Total Sales

    Rebecca Rubin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1198151

State-Wide MLS

APN: LCOM-000033-000000-000161

Rhode Island Newport County Little Compton 02837

28 Ocean Dr, Little Compton, RI

This home is located at 28 Ocean Dr, Little Compton, RI 02837 since 18 July 2018 and is currently estimated at $1,681,795, approximately $951 per square foot. This property was built in 1955. 28 Ocean Dr is a home located in Newport County with nearby schools including Wilbur & McMahon School.

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