NOT LISTED FOR SALE

Estimated Value: $647,000 - $754,000

3 Beds
1.5 Baths
1,950 Sq Ft
$360/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $660,000 $338 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,276/month

14 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Attic
  • Solar Power System
  • Wood Flooring
  • 4-minute walk to Stillhouse Cove Gaspee Memorial

About This Home

As of July 2024

WELCOME HOME to this lovely home in Edgewood! Walk to the Bay and the Yacht Club from this Colonial situated on a corner lot on a dead-end street. 3 Fairview Avenue offers 3 bedrooms and 1.5 baths. The rooms on the first level feature hardwood floors and period architectural details. The family room has a gas fireplace with a stone surround. There is lots of natural light in this home, especially the 3-season sunroom which overlooks the patio and koi pond. The kitchen has good counter space and a natural gas range. The elegant staircase will lead you to 3 good sized bedrooms with ample closet space and hardwoods. The full bath on the second level has just been renovated with a large walk-in shower. Two year old heating and air conditioning systems. This property is well insulated following a RISE energy audit. Other amenities include solar panels and sprinklers. 3 Fairview Avenue is convenient to shopping, schools, the highway, and great restaurants! Picnic and kayak at nearby Stillhouse Cove Park this summer! SUBJECT TO SELLERS FINDING SUITABLE HOUSING.

Last Agent to Sell the Property

Keri-Ann McAlice

Coastal Properties Group License #RES.0032804 Listed on: 05/22/2024

Last Buyer's Agent

Nelson Taylor

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,274

Year Built

  • Built in 1924

Lot Details

  • 4,000 Sq Ft Lot
  • Security Fence
  • Corner Lot
  • Sprinkler System
  • Property is zoned A6

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Gas Fireplace
  • Permanent Attic Stairs
  • Security System Leased

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Solar Power System

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Full Bathroom
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 2486
  • Assessor Parcel Number 3FAIRVIEWAVCRAN

Community Details

Overview

  • Edgewood Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,274

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0918
  • Inclusions: Solar Panels: Year 3 of a 25-year lease. $73.90 per month. Central vacuum needs a new hose. Koi pond needs a little work. Taxes noted in lisitng reflect 3 exemptions seller is currently entitled to.
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 1950.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: HVAC
  • Green Power: Solar
  • Building Stories: 2
  • Year Built: 1924
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Accessibility Features: Accessible Full Bath
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Central Vacuum, Cable TV
  • Living Area: 1950.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced, Security
  • Lot Features: Corner Lot, Sprinkler System
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Brick, Clapboard
  • Exterior Features: Porch, Patio, Barbecue, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Security: Security System Leased
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 3FAIRVIEWAVCRAN
  • Zoning: A6
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Public Transportation,Walkability

Tax Info

  • Tax Annual Amount: 4274.0
  • Tax Lot: 2486
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 11, 2024
Sold by
Castellone Frank C and Castellone Cynthia E
Bought by
Layton William and Layton Jean M
Seller's Agent
Keri-Ann McAlice
Coastal Properties Group
Buyer's Agent
Nelson Taylor
Compass
List Price
$599,999
Sold Price
$660,000
Premium/Discount to List
$60,001
10%
Total Days on Market
14
Views
10
Current Estimated Value
$668,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,826
Avg. Annual Appreciation
5.79%
Original Mortgage
$495,000
Outstanding Balance
$490,431
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$210,931

Purchase Details

Listed on
Oct 22, 2015
Closed on
May 3, 2016
Sold by
Marcus Wayne and Miller Rebecca L
Bought by
Castellone Frank A and Castellone Cynthia E
Seller's Agent
Susana Glass
RI Real Estate Services
Buyer's Agent
Paul Venditto
RI Real Estate Services
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$292,000
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2005
Sold by
Landmann Gary J and Landmann Gail E
Bought by
Marcus Wayne and Miller Rebecca L

Purchase Details

Closed on
Dec 29, 1994
Sold by
Flateman Ira N and Flateman Deborah
Bought by
Landmann Gary J
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
Layton William $660,000 None Available
Layton William $660,000 None Available
Castellone Frank A $365,000 --
Marcus Wayne $400,000 --
Landmann Gary J $165,000 --
Castellone Frank A $365,000 --
Marcus Wayne $400,000 --
Landmann Gary J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layton William $495,000
Closed Layton William $495,000
Previous Owner Castellone Frank A $198,500
Previous Owner Castellone Frank A $80,000
Previous Owner Castellone Frank A $27,000
Previous Owner Flateman Ira N $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $660,000 +10.0% $338 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $599,999 +64.4% $308 / Sq Ft
04/29/2016 04/29/16 Sold $365,000 -1.3% $141 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $369,900 -- $143 / 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 $7,362 $540,900 $197,200 $343,700
2023 $7,182 $380,000 $136,000 $244,000
2022 $7,034 $380,000 $136,000 $244,000
2021 $6,840 $380,000 $136,000 $244,000
2020 $7,400 $356,300 $160,700 $195,600
2019 $7,400 $356,300 $160,700 $195,600
2018 $7,229 $356,300 $160,700 $195,600
2017 $7,494 $326,700 $146,400 $180,300
2016 $7,334 $326,700 $146,400 $180,300
2015 $7,096 $316,100 $146,400 $169,700
2014 $6,692 $293,000 $139,900 $153,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1359753

State-Wide MLS

APN: CRAN-000002-000002-002486