NOT LISTED FOR SALE

Estimated Value: $5,200,764 - $5,444,000

6 Beds
5 Baths
5,500 Sq Ft
$968/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $3,225,000 $586 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $32,283/month

714 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • 4-minute walk to Parker Farm

About This Home

As of September 2018

Completely unobstructed and totally cleared 210 feet of shore frontage on the East Passage of Narragansett Bay with a private beach and mooring. A dock is possible. This 1.8 acres is a very rare find since RI Coastal Resource Management Counsel today would never allow any “clear-cutting” of shorefront trees or plantings on a waterfront lot if it had not already been “grandfathered “ in, and this one is! Sparkling Bay vistas pour in through virtually every window of this classic 5,550 square foot European-style glazed-brick residence offering six- bedrooms, and four and one-half baths. The home has plenty of wide open living spaces overlooking lovely gardens and a rolling lawn tumbling down to the water’s edge. A delightful shorefront terrace ensures sensational waterfront vistas of the parade of sailboats and other boating activities passing by. Enjoy the mesmerizing sunrises and moonrises from the broad deck which wraps around all three sides of the home. Or just relax while listening to the sound of the waves crashing on the shore. This lovely home is a haven for outdoor entertaining. The captivating water views of Narragansett Bay and surrounding scenery of lush lawn, lovely plantings and gardens create a perfect setting from which to enjoy the endless seasonal coastal transformations and the pleasures of life by the sea.

Last Agent to Sell the Property

Cynthia Moretti

Lila Delman Compass License #REB.0016788 Listed on: 08/23/2016

Last Buyer's Agent

Virginia Prichett

Island Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,330

Year Built

  • Built in 1981

Lot Details

  • 1.68 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Property is zoned R80

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Skylights
  • 4 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Mooring
  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number 38COLLINSTERJAME

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Waterfront East Shore Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,330

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 1.68
  • Subdivision Name: WATERFRONT EAST SHORE
  • Above Grade Finished Sq Ft: 4500.0
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1981
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1000.0
  • Fireplace Features: Masonry, Marble, Stone
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Attic, Wet Bar, Internal Expansion, Skylights, Cable TV
  • Living Area: 5500.0
  • Dining Room Type: Bathroom, Bedroom, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Mooring, Water Access, Walk to Water
  • Construction Type: Plaster, Brick
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 7.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 73181.0
  • Parcel #: 38COLLINSTERJAME
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 24330.0
  • Tax Lot: 95
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Sep 7, 2018
Sold by
Delbuono Ret
Bought by
Collins Alicia M and Abbiati Antony J
Seller's Agent
Cynthia Moretti
Lila Delman Compass
Buyer's Agent
Virginia Prichett
Island Realty
List Price
$3,450,000
Sold Price
$3,225,000
Premium/Discount to List
-$225,000
-6.52%
Current Estimated Value
$5,322,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,097,382
Avg. Annual Appreciation
4.45%
Source: Public Records

Range of Values:

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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
Collins Alicia M $3,225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Debuono Marie $200,000
Previous Owner Debuono Marie $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $3,225,000 -6.5% $586 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
08/23/2016 08/23/16 For Sale $3,450,000 -- $627 / 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 $39,394 $6,984,800 $3,805,600 $3,179,200
2024 $39,819 $5,553,500 $2,904,600 $2,648,900
2023 $39,181 $5,613,300 $2,904,600 $2,708,700
2022 $38,114 $5,613,300 $2,904,600 $2,708,700
2021 $26,234 $3,168,400 $2,493,800 $674,600
2020 $20,223 $2,506,000 $2,493,800 $12,200
2019 $25,798 $3,204,700 $2,493,800 $710,900
2018 $24,864 $2,809,500 $2,154,500 $655,000
2017 $24,330 $2,809,500 $2,154,500 $655,000
2016 $24,106 $2,809,500 $2,154,500 $655,000
2015 $24,830 $2,828,000 $2,258,000 $570,000
2014 $24,745 $2,828,000 $2,258,000 $570,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1134991

State-Wide MLS

APN: JAME-000002-000000-000095