NOT LISTED FOR SALE

291 W Main Rd Little Compton, RI 02837

Estimated Value: $1,734,000 - $3,190,379

4.21 Acres
$538,747 Price per Acre
183,388 Sq Ft Lot

Last Sold November 13, 2018

Last sale price $985,000

Est. 130% increase in value since last sale

Current estimated payment $13,717/month

264 Days on Market

Highlights

  • Marina
  • Water Views
  • 4.21 Acre Lot
  • Wilbur & McMahon School Rated A-
  • Golf Course Community
  • Tennis Courts

About This Lot

As of November 2018

Have you ever wanted a long private driveway, meandering through a field of hay, ending at a homesite with a gorgeous view? 4.21 acre lot offers many possibilities, stonewalls and best of all Sunsets over the Sakonnet River with Newport/Middletown in the far distance. Located on West Main Road between Walkers Farm stand and Town Commons. Family Compound Opportunity.

Last Agent to Sell the Property

Welchman Real Estate Group

Compass / Lila Delman Compass Listed on: 01/22/2018

Last Buyer's Agent

Connor Dowd

Keller Williams Coastal License #B16208

Keller Williams Coastal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,540

Lot Details

  • 4.21 Acre Lot
  • Level Lot

Additional Features

  • Water Views
  • Water Not Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 291WESTMAINRDLCOM

Community Details

Recreation

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

Additional Features

  • West Main Road / Walkers Area Subdivision
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$6,540

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.21
  • Road Frontage Type: City Street
  • Subdivision Name: West Main Road / Walkers Area
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level, Rolling Slope
  • Topography: Level,Rolling
  • View: Water
  • View: Yes

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

Lot Info

  • Current Use: Residential
  • Development Status: Raw Land
  • Land Lease: No
  • Lot Size Sq Ft: 183388.0
  • Parcel #: 291WESTMAINRDLCOM
  • Zoning Description: Residential
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6540.0
  • Tax Lot: 22
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2019
Sold by
291 West Main Road Llc
Bought by
Beckwith David S and Beckwith Amy D
Current Estimated Value
$2,268,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Outstanding Balance
$1,195,376
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,106,685

Purchase Details

Listed on
Jan 22, 2018
Closed on
Nov 7, 2018
Sold by
B Joan Oberhoff Ret 2001
Bought by
291 West Main Rd Llc
Seller's Agent
Welchman Real Estate Group
Compass / Lila Delman Compass
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$985,000
Sold Price
$985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%
Original Mortgage
$1,237,500
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
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
Beckwith David S -- --
291 West Main Rd Llc $985,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckwith David S $1,360,000
Previous Owner 291 West Main Rd Llc $1,237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $985,000 0.0% --
10/14/2018 10/14/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $985,000 -- --
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 $12,981 $2,555,400 $1,393,600 $1,161,800
2023 $12,581 $2,536,400 $1,393,600 $1,142,800
2022 $12,373 $2,525,100 $1,393,600 $1,131,500
2021 $12,342 $2,043,400 $1,120,500 $922,900
2020 $9,568 $1,597,400 $1,120,500 $476,900
2019 $6,645 $1,120,500 $1,120,500 $0
2018 $6,678 $1,120,500 $1,120,500 $0
2016 $6,353 $1,120,500 $1,120,500 $0
2015 $5,438 $945,800 $945,800 $0
2014 $5,334 $945,800 $945,800 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    Welchman Real Estate Group

    Compass / Lila Delman Compass

    (401) 649-1915

    46 in this area

    81 Total Sales

    Welchman Real Estate Group
    Section Image
  • Connor Dowd

    Buyer's Agent in 2018

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    2 in this area

    409 Total Sales

    Connor Dowd
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1180552

State-Wide MLS

APN: LCOM-000003-000000-000022

Rhode Island Newport County Little Compton 02837

291 W Main Rd, Little Compton, RI

This home is located at 291 W Main Rd, Little Compton, RI 02837 since 22 January 2018 and is currently estimated at $2,268,126. 291 W Main Rd is a home located in Newport County with nearby schools including Wilbur & McMahon School.

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