NOT LISTED FOR SALE

Estimated Value: $786,000 - $994,000

5 Beds
3.5 Baths
2,111 Sq Ft
$430/Sq Ft Est. Value

Last Sold September 11, 2017

Last sale price $510,000 $242 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,249/month

93 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Private Lot
  • Wilbur & McMahon School Rated A-
  • 5.59 Acre Lot
  • Wooded Lot

About This Home

As of September 2017

Beautifully set on 5.6 scenic and pastoral acres in the heart of Adamsville, with 4.4-acres under conservation easement, this picturesque, multi-unit property offers two living units, which may be used "as is" or easily reconfigured to meet the needs of a new owner. The charming 1920's era home offers one unit with a living room, dining area, two bedrooms and one bath and, a vacant second unit, which has been extensively renovated in recent months, has a living room with fireplace, unfinished kitchen area, dining room, three bedrooms, and 2.5-baths. There is an amazing 2nd floor studio space with a cathedral, beamed ceiling that could easily be integrated as living space into the occupied unit. This unique country compound offers an incredible opportunity to live in an incredibly private setting in the heart of the historic Adamsville section of Little Compton, close to the beach and Westport Harbor. $595,000

Last Listed By

Gloria Kurz

Residential Properties Ltd. License #REB.0014063 Listed on: 05/10/2017

Residential Properties Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 1920

Lot Details

  • 5.59 Acre Lot
  • Fenced
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Home Design

  • Combination Foundation
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,111 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs
  • Storm Windows

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Cesspool

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 14
  • Assessor Parcel Number 4ColebrookRDLCOM

Community Details

Overview

  • 4 Units
  • Adamsville Subdivision

Recreation

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

Additional Features

  • Shops
  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,904

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 5.59
  • Subdivision Name: ADAMSVILLE
  • Above Grade Finished Sq Ft: 2111.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater
  • Has Basement: Exterior Entry, Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Other, Vinyl, Wood, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Internal Expansion, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Private, Secluded, Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Foundation Details: Combination, Concrete Perimeter, Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 243500.0
  • Parcel #: 4ColebrookRDLCOM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 2904.0
  • Tax Lot: 14
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Sep 11, 2017
Sold by
Thomas Amelia F Est
Bought by
Curtis C Wilkie 3Rd T
Seller's Agent
Gloria Kurz
Residential Properties Ltd.
Buyer's Agent
Suzanne Alden
Alden Hill Real Estate, Inc.
List Price
$595,000
Sold Price
$510,000
Premium/Discount to List
-$85,000
-14.29%
Total Days on Market
93
Current Estimated Value
$908,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,766
Avg. Annual Appreciation
9.16%
Original Mortgage
$360,000
Outstanding Balance
$307,159
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$690,107

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
Curtis C Wilkie 3Rd T $510,000 --
Curtis C Wilkie 3Rd T $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curtis C Wilkie 3Rd T $360,000
Closed Curtis C Wilkie 3Rd T $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2017 09/11/17 Sold $510,000 -14.3% $242 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $595,000 -- $282 / 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 $2,526 $497,200 $181,200 $316,000
2023 $2,466 $497,200 $181,200 $316,000
2022 $2,436 $497,200 $181,200 $316,000
2021 $2,856 $472,800 $158,800 $314,000
2020 $2,832 $472,800 $158,800 $314,000
2019 $2,804 $472,800 $158,800 $314,000
2018 $3,010 $505,000 $158,800 $346,200
2016 $2,462 $434,200 $158,800 $275,400
2015 $2,673 $464,800 $145,200 $319,600
2014 $2,621 $464,800 $145,200 $319,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1158808

State-Wide MLS

APN: LCOM-000043-000000-000014