NOT LISTED FOR SALE

Estimated Value: $4,392,399 - $9,248,000

5 Beds
7 Baths
6,550 Sq Ft
$1,052/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $4,500,000 $687 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $39,215/month

297 Days on Market

Highlights

  • Beach Front
  • Marina
  • Golf Course Community
  • Melrose Avenue School Rated A-
  • Guest House
  • Water Access

About This Home

As of April 2017

WATERFRONT 3.4 ACRES.BREATHTAKING NARRAGANSETT BAY VIEWS.SEASIDE SHINGLE-STYLE COTTAGE.IMPECCABLE CUSTOM DETAIL,WAINSCOTING,CATHEDRAL CEILINGS,COVERED PORCH, 1ST FLOOR MASTER SUITE,1-BED GUEST HOUSE,POOL,PRETTY GARDENS,MOORING,DOCK APPROVED.STUNNING!

Last Agent to Sell the Property

Cynthia Moretti

Lila Delman Compass License #REB.0016788 Listed on: 05/27/2016

Last Buyer's Agent

Michelle Aumann

Vanderbilt International Prop. License #RES.0032532

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,328

Year Built

  • Built in 2013

Lot Details

  • 3.44 Acre Lot
  • Beach Front
  • Sprinkler System
  • Property is zoned R80

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 6,550 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • 2 Fireplaces
  • Stone Fireplace
  • Thermal Windows
  • Game Room
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage

Accessible Home Design

  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors

Outdoor Features

  • In Ground Pool
  • Water Access
  • Walking Distance to Water
  • Mooring
  • Deck
  • Patio
  • Outbuilding
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Underground Utilities
  • 200+ Amp Service
  • Power Generator
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 320EASTSHORERDJAME

Community Details

Overview

  • Waterfront E. Passage Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,328

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.44
  • Subdivision Name: WATERFRONT E. PASSAGE
  • Above Grade Finished Sq Ft: 6550.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2013
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer, Humidifier
  • Accessibility Features: Accessibility Features, Accessible Doors, Accessible Hallway(s)
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, Cable TV
  • Living Area: 6550.0
  • Dining Room Type: Bathroom, Bedroom, Game Room, Kitchen, Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Mooring, Water Access, Walk to Water
  • Construction Type: Masonry, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hydro Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 149846.0
  • Parcel #: 320EASTSHORERDJAME
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 29328.0
  • Tax Lot: 9
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Apr 20, 2017
Sold by
Evangelista Stephen
Bought by
Schieffelin Peter and Schiefelin Lindsey
Seller's Agent
Cynthia Moretti
Lila Delman Compass
Buyer's Agent
Michelle Aumann
Vanderbilt International Prop.
List Price
$4,950,000
Sold Price
$4,500,000
Premium/Discount to List
-$450,000
-9.09%
Current Estimated Value
$6,893,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,393,350
Avg. Annual Appreciation
5.09%
Original Mortgage
$3,000,000
Outstanding Balance
$2,496,451
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,396,899

Purchase Details

Closed on
Jul 16, 2004
Sold by
Brown Whitney
Bought by
Pendlebury Susan and Pendlebury Duncan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schieffelin Peter $4,500,000 --
Pendlebury Susan $1,140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schieffelin Peter $3,000,000
Previous Owner Pendlebury Susan $1,000,000
Previous Owner Pendlebury Susan $100,000
Previous Owner Pendlebury Susan $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $4,500,000 -9.1% $687 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
05/27/2016 05/27/16 For Sale $4,950,000 -- $756 / 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 $35,032 $6,211,400 $3,623,900 $2,587,500
2024 $35,801 $4,993,100 $2,789,300 $2,203,800
2023 $35,178 $5,039,800 $2,789,300 $2,250,500
2022 $34,220 $5,039,800 $2,789,300 $2,250,500
2021 $32,101 $3,876,900 $2,296,500 $1,580,400
2020 $31,287 $3,876,900 $2,296,500 $1,580,400
2019 $31,209 $3,876,900 $2,296,500 $1,580,400
2018 $32,952 $3,723,400 $1,914,200 $1,809,200
2017 $29,010 $3,349,900 $1,914,200 $1,435,700
2016 $28,709 $3,346,000 $1,914,200 $1,431,800
2015 $26,281 $2,993,300 $1,759,400 $1,233,900
2014 $26,191 $2,993,300 $1,759,400 $1,233,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1127310

State-Wide MLS

APN: JAME-000004-000000-000009