NOT LISTED FOR SALE

33 Ocean Ave Unit 4 New Shoreham, RI 02807

Estimated Value: $255,734

1 Bed
1 Bath
580 Sq Ft
$327/mo HOA Fee

Last Sold October 23, 2020

Last sale price $174,000 $300 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,824/month

308 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Security System Owned
  • Recreation Facilities
  • Bathtub with Shower
  • Shops

About This Home

As of October 2020

Unique opportunity to own a desirably located condominium currently listed as office space in the Albion Building! An easy walk to the ferry, beaches, shops and restaurants make this a perfect spot for your small business office. Approved uses include, but are not limited to, banking services, financial services, real estate, management, tax consulting, engineering, accounting, photography, art gallery and/or school, medical services, legal services, and physical fitness/yoga classes led by an instructor. Second-floor location affords privacy and convenience.

Last Listed By

Kerri Gaffett

Ballard Hall Sales Group License #RES.0042277 Listed on: 11/19/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $910

Year Built

  • Built in 1989

HOA Fees

  • $327 Monthly HOA Fees

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 580 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Security System Owned

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3-2/4
  • Assessor Parcel Number 33OCEANAV4NSHM

Community Details

Overview

  • 6 Units
  • Old Harbor Subdivision
  • On-Site Maintenance
  • Maintained Community

Amenities

  • Shops

Recreation

  • Marina
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$910

Year Built

Built in 1989

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Old Harbor
  • Above Grade Finished Sq Ft: 580.0
  • Building Name: Albion Building
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Three Or More, One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1989
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 580.0
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Maintenance On-Site, Recreation Area, Shopping
  • Senior Community: No
  • Amenities: Maintenance
  • Association Fee: 327.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 33OCEANAV4NSHM
  • Zoning: SC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 910.0
  • Tax Lot: 3-2/4
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Oct 23, 2020
Sold by
Gaffett Lewis H Est
Bought by
Kearney James and Kearney Christine
Seller's Agent
Kerri Gaffett
Ballard Hall Sales Group
Buyer's Agent
Kerri Gaffett
Ballard Hall Sales Group
List Price
$200,000
Sold Price
$174,000
Premium/Discount to List
-$26,000
-13%
Total Days on Market
308
Current Estimated Value
$255,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,734

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
Kearney James $174,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaffet Lewis H Est $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $174,000 -13.0% $300 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $200,000 -- $345 / 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 $952 $172,500 $0 $172,500
2023 $1,038 $172,500 $0 $172,500
2022 $1,125 $158,880 $0 $158,880
2021 $1,064 $158,880 $0 $158,880
2020 $1,010 $158,880 $0 $158,880
2019 $979 $158,880 $0 $158,880
2018 $910 $152,880 $0 $152,880
2017 $896 $152,880 $0 $152,880
2016 $874 $152,880 $0 $152,880
2015 $1,052 $190,900 $0 $190,900
2014 $1,019 $190,900 $0 $190,900
2013 $995 $190,900 $0 $190,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kerri Gaffett

    Ballard Hall Sales Group

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1241669

State-Wide MLS

APN: BLOC-000006-000000-000003-000002-4

Rhode Island Washington County New Shoreham 02807

33 Ocean Ave Unit 4, New Shoreham, RI

Homes for Sale in New Shoreham, RI

This home is located at 33 Ocean Ave Unit 4, New Shoreham, RI 02807 since 19 November 2019 and is currently estimated at $255,734, approximately $440 per square foot. This property was built in 1989. 33 Ocean Ave Unit 4 is a home located in Washington County with nearby schools including Block Island School.

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