NOT LISTED FOR SALE

Estimated Value: $2,863,000 - $5,806,000

4 Beds
2.5 Baths
3,769 Sq Ft
$1,198/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $3,170,000 $841 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $28,573/month

387 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Water Views
  • Water Access
  • Recreation Facilities

About This Home

As of April 2018

Nestled in the estate area of Indian Avenue is the perfect idyllic setting for this stunning four bedroom residence.The utmost quality craftsmanship has been used by master tradesmen creating custom millwork,mouldings and cabinetry. Property features include;Hydronic radiant heat throughout the home,Alaskan yellow cedar shingle roof,A Series Anderson windows,outdoor mahogany shower and three car heated garage. Modern cottage kitchen favors a simple design with accents of stainless steel completed with an abundance of southern exposure sunlight. Dramatic great room with spectacular floor to ceiling double-sided, wood-burning fireplace with paneled ceiling, provides amazing entertaining space for guests. The overall look is sophisticated yet relaxed- which suits this island home perfectly. The home maximizes Sakonnet Passage waterviews and sunrises from the private master suite with Ipe porch. Enjoy outdoor evenings,taking in the sunsets, on the bluestone terrace with plenty of backyard space for an in-ground pool. Enjoy a short morning walk to tranquil Third Beach for a swim or paddleboard, or grab a bike and head to Sachuest Point to walk nearly three miles of beautiful coastal trails. Either is sure to please the outdoor enthusiast. World-class golf and sailing are both close at hand, and the charming seaport of Newport is just minutes away with its distinguished clubs,galleries, and fine restaurants.

Last Agent to Sell the Property

Dina Karousos

Gustave White Sotheby's Realty Listed on: 03/08/2017

Gustave White Sotheby's Realty

Last Buyer's Agent

Karen LeBlanc

Coldwell Banker Realty License #RES.0033480

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,893

Year Built

  • Built in 2015

Lot Details

  • 1

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3,769 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • 1 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 314IndianAVMDLT

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Additional Features

  • Indian Avenue/Third Beach Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,893

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 1.0
  • Subdivision Name: Indian Avenue/Third Beach
  • Above Grade Finished Sq Ft: 3769.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2015
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathroom Rough-In, Internal Expansion, Tub Shower, Cable TV
  • Living Area: 3769.0
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air, Ductless
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 314IndianAVMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 15893.0
  • Tax Lot: 32
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Apr 30, 2018
Sold by
Nalen Thomas A and Nalen Denise L
Bought by
314 Indian Avenue Nt
Seller's Agent
Dina Karousos
Gustave White Sotheby's Realty
Buyer's Agent
Karen LeBlanc
Coldwell Banker Realty
List Price
$3,395,000
Sold Price
$3,170,000
Premium/Discount to List
-$225,000
-6.63%
Current Estimated Value
$4,316,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,146,899
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Nov 6, 2009
Sold by
Madden Paul and Madden Nora
Bought by
Matouk Fouad John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2000
Sold by
Loebs Richard C
Bought by
Madden Nora G

Purchase Details

Closed on
Feb 12, 1998
Sold by
Walsh John C
Bought by
Loebs Richard C

Purchase Details

Closed on
May 15, 1995
Sold by
Smith Doris King
Bought by
Walsh John C
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
314 Indian Avenue Nt $3,170,000 --
Matouk Fouad John $920,000 --
Madden Nora G $455,000 --
Loebs Richard C $310,000 --
Walsh John C $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh John C $775,000
Previous Owner Walsh John C $417,000
Previous Owner Walsh John C $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $3,170,000 -6.6% $841 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/08/2017 03/08/17 For Sale $3,395,000 +338.1% $901 / Sq Ft
12/02/2014 12/02/14 Sold $775,000 0.0% $313 / Sq Ft
12/01/2014 12/01/14 Sold $775,000 -8.8% $313 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
11/01/2014 11/01/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $850,000 0.0% $343 / Sq Ft
08/22/2014 08/22/14 For Sale $850,000 -- $343 / 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 $56,766 $5,041,400 $3,067,400 $1,974,000
2023 $36,029 $2,861,700 $1,590,200 $1,271,500
2022 $34,398 $2,861,700 $1,590,200 $1,271,500
2021 $34,398 $2,861,700 $1,590,200 $1,271,500
2020 $21,362 $1,552,500 $728,300 $824,200
2018 $21,347 $1,552,500 $728,300 $824,200
2016 $15,893 $1,030,700 $605,500 $425,200
2015 $11,418 $759,200 $605,500 $153,700
2014 $11,856 $737,800 $489,600 $248,200
2013 $11,591 $737,800 $489,600 $248,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1153571

State-Wide MLS

APN: MIDD-000130-000000-000032