NOT LISTED FOR SALE

Estimated Value: $1,953,280 - $2,460,000

3 Beds
2 Baths
1,408 Sq Ft
$1,525/Sq Ft Est. Value

Last Sold November 02, 2012

Last sale price $852,500 $605 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $12,704/month

117 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Cathedral Ceiling
  • Melrose Avenue School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of November 2012

Enjoy sweeping views of Narragansett Bay & gorgeous sunsets from this 1408 sq. ft. waterfront cottage set on .27 acre lot. Beautiful original stone fireplace in dining/living room,fireplace in water facing fam rm,large waterside deck,lovely grounds.

Last Agent to Sell the Property

Michelle Datoli

Mott & Chace Sotheby's Intl. License #REB.0016198 Listed on: 06/07/2012

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Michelle Datoli

Mott & Chace Sotheby's Intl. License #REB.0016198 Listed on: 06/07/2012

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,045

Year Built

  • Built in 1959

Lot Details

  • 0.27 Acre Lot
  • Beach Front
  • Property is zoned R40

Parking

  • No Garage

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Partially Finished Basement
  • Walk-Out Basement
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Seaside Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 29SEASIDEDRJAME

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,045

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2652
  • Subdivision Name: SEASIDE
  • Above Grade Finished Sq Ft: 1408.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1959
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Trash Compactor, Water Heater, Washer
  • Has Basement: Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cedar Closet(s), Cathedral Ceiling(s), Skylights, Cable TV
  • Living Area: 1408.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Water Access, Walk to Water
  • Construction Type: Other, Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 11550.0
  • Parcel #: 29SEASIDEDRJAME
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7045.0
  • Tax Lot: 15
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2012
Closed on
Nov 2, 2012
Sold by
Carolyn J Hanley T J and Carolyn Hanley
Bought by
Cotter Timothy M and Cromwell Holly
Seller's Agent
Michelle Datoli
Mott & Chace Sotheby's Intl.
Buyer's Agent
Michelle Datoli
Mott & Chace Sotheby's Intl.
List Price
$949,000
Sold Price
$852,500
Premium/Discount to List
-$96,500
-10.17%
Current Estimated Value
$2,147,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,294,820
Avg. Annual Appreciation
7.49%
Original Mortgage
$682,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
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
Cotter Timothy M $852,500 --
Cotter Timothy M $852,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotter Timothy M $1,200,000
Closed Cotter Timothy M $1,200,000
Closed Cotter Timothy M $682,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2012 11/02/12 Sold $852,500 -10.2% $605 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
06/07/2012 06/07/12 For Sale $949,000 -- $674 / 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 $12,037 $2,134,300 $969,400 $1,164,900
2024 $10,986 $1,532,200 $765,700 $766,500
2023 $10,836 $1,552,500 $765,700 $786,800
2022 $10,541 $1,552,500 $765,700 $786,800
2021 $11,630 $1,404,600 $674,300 $730,300
2020 $11,335 $1,404,600 $674,300 $730,300
2019 $11,307 $1,404,600 $674,300 $730,300
2018 $10,891 $1,230,600 $592,500 $638,100
2017 $10,657 $1,230,600 $592,500 $638,100
2016 $10,559 $1,230,600 $592,500 $638,100
2015 $10,637 $1,211,500 $692,900 $518,600
2014 $6,140 $701,700 $692,900 $8,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1019028

State-Wide MLS

APN: JAME-000014-000000-000015