$675,000
SOLD SEP 12, 2024
3 Beds
1 Bath
1,701 Sq Ft
0.49 Acres

Recently Sold

$397 Per Sq Ft

7% Below List Price

67 Days on Market

Highlights

  • Beach Access
  • Raised Ranch Architecture
  • Recreation Facilities
  • Melrose Avenue School Rated A-
  • Plywood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

This charming home is nestled in a sought-after family-friendly neighborhood. Its idyllic setting offers easy access to a variety of locations on and off Jamestown Island. The open-concept ranch enjoys abundant natural light and is caressed by sea breezes. Boasting polished hardwood floors and central air conditioning, it invites your personal touch. The lower level is a blank canvas, presenting a clear chance for customization. A short stroll away lies Heads Beach.

Noteworthy additions include:

A $50,000 investment in a cutting-edge, DEM-approved septic system designed for a four-bedroom home. The system was upgraded following an extensive DEM approval process, enhancing the original system from the 1970s. The new owners will have the flexibility to expand the existing house or construct a larger home on the spacious half-acre lot.

An additional $10,000 was allocated to install a new electrical cable from the road and upgrade the electrical service from 100 AMP to 200 AMP, providing greater capacity for basement development.

Over $5,000 was spent on new windows to improve heating and air conditioning efficiency.

More than $5,000 went into insulation and ventilation enhancements to further increase energy efficiency.

A $6,000 investment was made to replace the old copper plumbing with modern PEX tubing.

$3500 Oil Tank.

The land was cleared of century-old pine trees and other vegetation, followed by seeding to extend the lawn over the entire half-acre.

Last Agent to Sell the Property

RUSSELL CARLONE

RE/MAX Results License #RES.0016646 Listed on: 05/31/2024

RE/MAX Results

Last Buyer's Agent

Carolyn Morabit

Edge Realty RI License #RES.0048340

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1975

Lot Details

  • 0.49 Acre Lot

Home Design

  • Raised Ranch Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Plywood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Tax Lot 461
  • Assessor Parcel Number 30STEAMBOATSTJAME

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,700

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Above Grade Finished Sq Ft: 1001.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Plywood
  • Interior Amenities: Bathtub
  • Living Area: 1701.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21344.0
  • Parcel #: 30STEAMBOATSTJAME
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3700.0
  • Tax Lot: 461
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Sep 12, 2024
Sold by
Michael T Casey Relt T and Michael Casey
Bought by
Sherburne Michael P and Morabit Carolyn A
Seller's Agent
RUSSELL CARLONE
RE/MAX Results
Buyer's Agent
Carolyn Morabit
Edge Realty RI
List Price
$724,900
Sold Price
$675,000
Premium/Discount to List
-$49,900
-6.88%
Views
26
Current Estimated Value
$719,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,667
Avg. Annual Appreciation
7.21%
Original Mortgage
$662,774
Outstanding Balance
$654,787
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$64,880

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jun 4, 2013
Sold by
Rhodes Graziella
Bought by
Caruolo Robert J and Caruolo Christine R
Seller's Agent
Karl Martone
RE/MAX Properties
Buyer's Agent
Karl Martone
RE/MAX Properties
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$239,920
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1998
Sold by
Swistak Michael C and Swistak Paula
Bought by
Rhodes James F and Rhodes Graziella
Source: Public Records

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Range of Values:

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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 $675,000 None Available
Warranty Deed $675,000 None Available
Warranty Deed $299,000 --
Warranty Deed $143,000 --
Warranty Deed $299,000 --
Warranty Deed $143,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $662,774 FHA
Closed $662,774 FHA
Previous Owner $239,920 New Conventional
Previous Owner $136,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $675,000 -2.9% $397 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
07/13/2024 07/13/24 Price Changed $694,900 -4.1% $409 / Sq Ft
05/31/2024 05/31/24 For Sale $724,900 +42.1% $426 / Sq Ft
12/31/2020 12/31/20 Sold $510,000 0.0% $319 / Sq Ft
12/28/2020 12/28/20 For Sale $510,000 +70.1% $319 / Sq Ft
06/04/2013 06/04/13 Sold $299,900 0.0% $298 / Sq Ft
05/05/2013 05/05/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $299,900 -- $298 / 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 $3,507 $621,800 $283,200 $338,600
2024 $3,191 $445,100 $214,500 $230,600
2023 $3,107 $445,100 $214,500 $230,600
2022 $3,022 $445,100 $214,500 $230,600
2021 $2,778 $335,500 $197,900 $137,600
2020 $2,707 $335,500 $197,900 $137,600
2019 $2,701 $335,500 $197,900 $137,600
2018 $2,728 $308,300 $179,000 $129,300
2017 $2,670 $308,300 $179,000 $129,300
2016 $2,645 $308,300 $179,000 $129,300
2015 $2,737 $311,700 $209,400 $102,300
2014 $2,727 $311,700 $209,400 $102,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1360435

State-Wide MLS

APN: JAME-000005-000000-000461