NOT LISTED FOR SALE

40 Colebrook Rd Little Compton, RI 02837

Estimated Value: $792,000 - $818,000

2 Beds
1.5 Baths
1,324 Sq Ft
$609/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $525,000 $397 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,595/month

28 Days on Market

Highlights

  • Barn
  • 2.03 Acre Lot
  • Wood Flooring
  • Wilbur & McMahon School Rated A-
  • Antique Architecture
  • Attic

About This Home

As of September 2020

Unique opportunity to own an enchanted, historical, country retreat comprised of a lovely 2 bed, 1.1 bath, 3 fireplaced 1740 cottage with unblemished original details, handsome two story barn with terrific studio conversion potential, additional outbuilding and tranquil, inspirational setting just half a mile from the charming village center. Nearby beaches. Currently rented - lease term negotiable. Buyer responsible for LCACT costs at closing. Property is being sold in "As Is" condition.

Last Agent to Sell the Property

Agueda Del Borgo

Places & Spaces Realty, LLC License #REC.0016668 Listed on: 07/11/2020

Last Buyer's Agent

Nina Wilcox

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1740

Lot Details

  • 2.03

Home Design

  • Antique Architecture
  • Cottage
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Fireplace Features Masonry
  • Unfinished Basement
  • Partial Basement
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Cesspool

Additional Features

  • Outbuilding
  • 2.03 Acre Lot
  • Barn

Community Details

  • Adamsville Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 40COLEBROOKRDLCOM

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,135

Year Built

Built in 1740

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.03
  • Subdivision Name: Adamsville
  • Above Grade Finished Sq Ft: 1324.0
  • Architectural Style: Cabin/Cottage, Historic/Antique
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1740
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub
  • Living Area: 1324.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Foundation Details: Stone
  • Other Structures: Barn(s), Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 88427.0
  • Parcel #: 40COLEBROOKRDLCOM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2135.0
  • Tax Lot: 3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Sep 8, 2020
Sold by
Blazer Stuart
Bought by
Silva Melanie A and Correia Alex
Seller's Agent
Agueda Del Borgo
Places & Spaces Realty, LLC
Buyer's Agent
Nina Wilcox
List Price
$475,000
Sold Price
$525,000
Premium/Discount to List
$50,000
10.53%
Current Estimated Value
$806,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,220
Avg. Annual Appreciation
7.06%
Original Mortgage
$375,000
Outstanding Balance
$336,544
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$400,901
Source: Public Records

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
Silva Melanie A $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correia Alex E $64,100
Open Silva Melanie A $375,000
Previous Owner Blazer Stuart $100,000
Previous Owner Blazer Stuart $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $525,000 +10.5% $397 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $475,000 -- $359 / 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 $2,536 $499,200 $227,200 $272,000
2023 $2,476 $499,200 $227,200 $272,000
2022 $2,274 $464,000 $227,200 $236,800
2021 $2,176 $360,200 $165,000 $195,200
2020 $2,146 $358,300 $165,000 $193,300
2019 $2,125 $358,300 $165,000 $193,300
2018 $2,184 $366,400 $165,000 $201,400
2016 $2,077 $366,400 $165,000 $201,400
2015 $2,021 $351,500 $150,100 $201,400
2014 $1,982 $351,500 $150,100 $201,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1258654

State-Wide MLS

APN: LCOM-000043-000000-000073-000003