NOT LISTED FOR SALE

387 Main St Unit 5 East Greenwich, RI 02818

Downtown East Greenwich Neighborhood

Estimated Value: $230,000 - $289,036

1 Bed
1 Bath
777 Sq Ft
$200/mo HOA Fee

Last Sold April 20, 2021

Last sale price $168,750 $217 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,802/month

72 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • James H. Eldredge Elementary School Rated A
  • Corner Lot
  • 4-minute walk to London Street Playground

About This Home

As of April 2021

Location, Location, Location!!! ..the saying has never been so true! This 1 bed/1 bath condominium unit nestled in the heart of Main Street, East Greenwich was completely renovated just in time for the New Year. You can now walk to EVERYTHING, including gorgeous Greenwich Bay, as well as all your favorite restaurants, shops and marinas. This home features a new kitchen, bathroom, flooring, lighting and deck! Hot water, water and sewer are all included in the low condominium fee. Precious off-street parking is available in the large adjacent lot. Do not miss out on this opportunity to reward yourself with the New Year's gift of ownership of this all-new property in the most desirable downtown area in our great State! Priced to sell by week's end!

Last Agent to Sell the Property

Jennifer Cosgrove O'Leary

Greenwich Bay Brokers License #REB.0019311 Listed on: 01/07/2021

Last Buyer's Agent

Jennifer Cosgrove O'Leary

Greenwich Bay Brokers License #REB.0019311 Listed on: 01/07/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 1900

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Wood Siding
  • Clapboard

Interior Spaces

  • 777 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Utilities

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

Additional Features

  • Walking Distance to Water
  • Paved or Partially Paved Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number 387MAINST5EGRN

Community Details

Overview

  • 5 Units
  • Main Street East Greenwich Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,289

Year Built

Built in 1900

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Main Street East Greenwich
  • Above Grade Finished Sq Ft: 777.0
  • Building Name: Pitcher House
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: Two, One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Third Floor or higher Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Tub Shower
  • Living Area: 777.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Paved
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Wood Siding
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Common, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 387MAINST5EGRN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 2289.0
  • Tax Lot: 93
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Finn Properties Llc
Bought by
Deutsch Andrew
Current Estimated Value
$264,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Outstanding Balance
$150,201
Interest Rate
6.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$114,058

Purchase Details

Closed on
May 13, 2023
Sold by
Lindsay David W
Bought by
Finn Properties Llc

Purchase Details

Listed on
Jan 7, 2021
Closed on
Apr 20, 2021
Sold by
Potts Deanna L
Bought by
Lindsay David W
Seller's Agent
Jennifer Cosgrove O'Leary
Greenwich Bay Brokers
Buyer's Agent
Jennifer Cosgrove O'Leary
Greenwich Bay Brokers
List Price
$189,900
Sold Price
$168,750
Premium/Discount to List
-$21,150
-11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%

Purchase Details

Closed on
Apr 20, 2006
Sold by
Oreilly Luke E
Bought by
Potts Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.53%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deutsch Andrew -- None Available
Deutsch Andrew -- None Available
Finn Properties Llc $193,000 None Available
Finn Properties Llc $193,000 None Available
Lindsay David W $168,500 None Available
Lindsay David W $168,500 None Available
Potts Deanna L $110,000 --
Potts Deanna L $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deutsch Andrew $154,000
Closed Deutsch Andrew $154,000
Previous Owner Potts Deanna L $135,200
Previous Owner Potts Deanna L $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2021 04/20/21 Sold $168,750 -11.1% $217 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $189,900 -- $244 / 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 $2,474 $158,900 $0 $158,900
2024 $2,341 $158,900 $0 $158,900
2023 $2,231 $102,100 $0 $102,100
2022 $2,187 $102,100 $0 $102,100
2021 $2,145 $102,100 $0 $102,100
2020 $2,289 $97,700 $0 $97,700
2019 $2,268 $97,700 $0 $97,700
2018 $2,247 $97,700 $0 $97,700
2017 $2,032 $85,900 $0 $85,900
2016 $2,069 $85,900 $0 $85,900
2015 $1,998 $85,900 $0 $85,900
2014 $1,819 $78,200 $0 $78,200
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Cosgrove O'Leary

    Seller's Agent in 2021

    Jennifer Cosgrove O'Leary

    Greenwich Bay Brokers

    (203) 980-3547

    13 in this area

    190 Total Sales

    Jennifer Cosgrove O'Leary
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1272605

State-Wide MLS

APN: EGRE-000075-000003-000093-000005

Rhode Island Kent County East Greenwich 02818 Downtown East Greenwich

387 Main St Unit 5, East Greenwich, RI

This home is located at 387 Main St Unit 5, East Greenwich, RI 02818 since 07 January 2021 and is currently estimated at $264,259, approximately $340 per square foot. This property was built in 1900. 387 Main St Unit 5 is a home located in Kent County with nearby schools including James H. Eldredge Elementary School, Frenchtown Elementary School, and East Greenwich High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes