NOT LISTED FOR SALE

Estimated Value: $651,000 - $761,000

3 Beds
3 Baths
2,006 Sq Ft
$361/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $350,000 $174 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,529/month

163 Days on Market

Highlights

  • Marina
  • Beach Access
  • Spa
  • Fishing Cove Elementary School Rated A
  • Golf Course Community
  • Deck

About This Home

As of February 2018

Shore Acres offers the beauty of a quiet neighborhood with a private beach on Narragansette Bay, and launching ramps for small craft. This 1/2 acre property with 2 car garage is within close proximity to major roadways and all shopping necessities. Upper level offers central air, 1056 sq. feet with large living/Dining area, 2 beds 2 bath, and partially screened deck. Finished lower with full wet bar and fireplace, bedroom with full bath, office and storage area. Washer/dryer to stay. Recent RISE upgrades with roof 3 years new.

Last Agent to Sell the Property

Mathew Corbishley

RI Real Estate Services License #RES.0040526 Listed on: 08/18/2017

Last Buyer's Agent

Matt Phipps

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,317

Year Built

  • Built in 1970

Lot Details

  • 0.5 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Spa
  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number 335ShoreAcresAVNKNG

Community Details

Recreation

  • Marina
  • Golf Course Community

Additional Features

  • Shore Acres Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,317

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: Shore Acres
  • Above Grade Finished Sq Ft: 1056.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1970
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 950.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Wet Bar, Bathtub, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 2006.0
  • Dining Room Type: Bathroom, Bedroom, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Wood Siding, Shingle Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Partial, Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 335ShoreAcresAVNKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5317.0
  • Tax Lot: 035
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Feb 28, 2018
Sold by
James F Geib T
Bought by
Burns Christopher J and Chiulli Alexandra D
Seller's Agent
Mathew Corbishley
RI Real Estate Services
Buyer's Agent
Matt Phipps
Compass
List Price
$384,900
Sold Price
$350,000
Premium/Discount to List
-$34,900
-9.07%
Total Days on Market
163
Current Estimated Value
$724,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,688
Avg. Annual Appreciation
10.22%
Original Mortgage
$279,812
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 13, 2013
Closed on
Jul 12, 2013
Sold by
Shemanski Karen T
Bought by
Geib James F
Seller's Agent
Lisa Gauvin
KREG Realty, LLC
Buyer's Agent
Frances Bidell
RE/MAX FLAGSHIP, INC.
List Price
$319,900
Sold Price
$275,000
Premium/Discount to List
-$44,900
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$220,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 1991
Sold by
Shemanski Walter
Bought by
Shemanski Mark
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
Burns Christopher J $350,000 --
Geib James F $275,000 --
Shemanski Mark $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Christopher J $160,000
Closed Burns Alexandra $80,000
Closed Burns Christopher J $40,000
Open Chiulli Alexandra D $277,000
Closed Burns Christopher J $276,500
Closed Burns Christopher J $279,812
Previous Owner Shemanski Mark $220,000
Previous Owner Shemanski Mark $160,000
Previous Owner Shemanski Mark $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $350,000 -9.1% $174 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
08/18/2017 08/18/17 For Sale $384,900 +40.0% $192 / Sq Ft
07/12/2013 07/12/13 Sold $275,000 -14.0% $130 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $319,900 -- $151 / 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 $6,960 $630,400 $300,900 $329,500
2024 $6,774 $472,400 $231,600 $240,800
2023 $6,774 $472,400 $231,600 $240,800
2022 $6,642 $472,400 $231,600 $240,800
2021 $6,022 $344,100 $126,000 $218,100
2020 $5,881 $344,100 $126,000 $218,100
2019 $5,881 $344,100 $126,000 $218,100
2018 $5,425 $286,000 $126,000 $160,000
2017 $5,317 $286,000 $126,000 $160,000
2016 $5,165 $286,000 $126,000 $160,000
2015 $4,848 $251,200 $126,000 $125,200
2014 $4,750 $251,200 $126,000 $125,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1171130

State-Wide MLS

APN: NKIN-000141-000035