$1,050,000
SOLD NOV 2, 2018
3 Beds
2.5 Baths
1,944 Sq Ft
8,439 Sq Ft Lot

Recently Sold

$540 Per Sq Ft

9% Below List Price

140 Days on Market

Highlights

  • Marina
  • Water Views
  • Spa
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • Deck

About This Home

As of November 2018

Enjoy gorgeous views across the mouth of the Narragansett Bay from this very charming seaside cottage, completely rebuilt and beautifully renovated in 1999. This is an adorable 2-3 bedroom, 2.5 bath home, with a 3 bed septic. Experience the ease of island living with the open floor plan and multiple decks from which to relax and entertain. Enter through the foyer to a very light filled open living room, dining area and kitchen, and a study off the living room. A pantry and half bath off the kitchen complete the first floor. Lots of windows and french doors opening out to the deck allow for maximum light and gorgeous views of the bay, as well as easy indoor-outdoor living and entertaining. Upstairs you'll find a large en-suite master bedroom with cathedral ceiling, lots of windows to capture the view, and a private balcony. Down the hall you'll find a laundry room, full bath, and another ample sized bedroom with lots of closet space. Throughout the home you'll find plenty of storage space and closets. The grounds are lovely with mature planting and very private. Relax and enjoy the views of the boats as they enter the bay, or go out for a swim and come home and rinse off in your outdoor cedar shower! This home has it all! Very unique opportunity on Highland Drive. Please come see!

Last Agent to Sell the Property

Nancy Cresser

Lila Delman Compass License #RES.0028982 Listed on: 05/15/2018

Lila Delman Compass

Last Buyer's Agent

Gladys Barbosa

Edge Realty RI License #RES.0030485

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,560

Year Built

  • Built in 1954

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,944 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Stove
  • Gas Fireplace
  • Storage Room
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Balcony
  • Deck

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • 8,439 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 283HIGHLANDDRJAME

Community Details

Recreation

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

Additional Features

  • Dumplings/Fort Whetherill Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,560

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1937
  • Subdivision Name: Dumplings/Fort Whetherill
  • Above Grade Finished Sq Ft: 1944.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1954
  • 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, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Bathtub, Cathedral Ceiling(s), Tub Shower, Cable TV, Wood Burning Stove
  • Living Area: 1944.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Propane, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8439.0
  • Parcel #: 283HIGHLANDDRJAME
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6560.0
  • Tax Lot: 104
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Nov 2, 2018
Sold by
Craven Bruce T
Bought by
Doherty John U and Doherty Caroline L
Seller's Agent
Nancy Cresser
Lila Delman Compass
Buyer's Agent
Gladys Barbosa
Edge Realty RI
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Current Estimated Value
$2,065,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,015,706
Avg. Annual Appreciation
10.26%
Original Mortgage
$680,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1997
Sold by
Parsons John B and Parsons Edmund G
Bought by
Craven Bruce T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,050,000 --
Warranty Deed $227,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 Stand Alone Refi Refinance Of Original Loan
Closed $680,000 Purchase Money Mortgage
Previous Owner $250,000 No Value Available
Previous Owner $35,000 No Value Available
Previous Owner $317,000 No Value Available
Previous Owner $181,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Rented $3,200 0.0% --
08/02/2022 08/02/22 For Rent $3,200 0.0% --
11/02/2018 11/02/18 Sold $1,050,000 -8.7% $540 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $1,150,000 -- $592 / 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 $11,261 $1,996,700 $1,150,400 $846,300
2024 $8,859 $1,235,600 $688,000 $547,600
2023 $8,675 $1,242,900 $688,000 $554,900
2022 $8,439 $1,242,900 $688,000 $554,900
2021 $7,195 $866,600 $449,100 $417,500
2020 $6,993 $866,600 $449,100 $417,500
2019 $6,976 $866,600 $449,100 $417,500
2018 $6,704 $757,500 $400,800 $356,700
2017 $6,560 $757,500 $400,800 $356,700
2016 $5,139 $598,900 $267,200 $331,700
2015 $4,536 $516,600 $252,200 $264,400
2014 $4,520 $516,600 $252,200 $264,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1189583

State-Wide MLS

APN: JAME-000010-000000-000104