R
Seller's Agent in 2020
Robert Marcello
Fieldstone Properties, Inc.
(401) 295-0300
9 Total Sales
40 Summit Ave Jamestown, RI 02835
East Passage Estates NeighborhoodEstimated Value: $843,893 - $1,085,000
3
Beds
2
Baths
1,675
Sq Ft
$565/Sq Ft
Est. Value
Highlights
- Under Construction
- Wooded Lot
- 2 Car Detached Garage
- Melrose Avenue School Rated A-
- Wood Flooring
- Bathtub with Shower
About This Home
As of August 2020Brand new is so nice! This plan has everything on one level, no interior stairs to contend with. Bright, sunny and spacious open plan, gleaming with an abundance of hardwood floors, volume ceilings and a gas fireplace. The custom kitchen is loaded with white cabinetry and granite, a space that any chef would love to spend time in. The breakfast bar is ideal for morning coffee or guest seating while entertaining. Comfortable master suite, walk-in closet and private bath with tiled walk-in shower stall and double sinks. High efficiency central AC and heat. Solid 2" x 6" construction with premium maintenance free exterior siding. Large covered entry deck, 2 car garage. Sited on a 1/3 acre homesite that is an easy walk to a quiet shoreline beach. Plenty of room for outdoor gardening. 1 year Builders warranty. A manageable and nicely sized brand new home. A great condo alternative. Ready in 30 days!
Last Agent to Sell the Property
Fieldstone Properties, Inc. License #REC.0011295 Listed on: 02/21/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,297
Year Built
- Built in 2020 | Under Construction
Lot Details
- 0.34 Acre Lot
- Wooded Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 1,675 Sq Ft Home
- 1-Story Property
- Zero Clearance Fireplace
- Gas Fireplace
- Unfinished Basement
- Partial Basement
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Private Water Source
- Electric Water Heater
- Septic Tank
Community Details
- Quiet, Rural North End Of Jamestown Subdivision
Listing and Financial Details
- Tax Lot 38
- Assessor Parcel Number 40SUMMITAVJAME
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2020
Closed on
Aug 21, 2020
Sold by
Trade Wind Investments
Bought by
Festa Michael R and Festa Frances A
Seller's Agent
Robert Marcello
Fieldstone Properties, Inc.
Buyer's Agent
Peter Plourde
William Raveis Chapman Enstone
List Price
$579,000
Sold Price
$560,000
Premium/Discount to List
-$19,000
-3.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,723
Avg. Annual Appreciation
10.39%
Original Mortgage
$448,000
Outstanding Balance
$402,732
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$518,928
Purchase Details
Closed on
Mar 15, 2019
Sold by
Johnstone William M
Bought by
Trade Wind Investments
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Festa Michael R | $560,000 | None Available | |
| Trade Wind Investments | $144,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Festa Michael R | $448,000 | |
| Previous Owner | Trade Wind Investments | $350,000 | |
| Previous Owner | Johnstone William | $421,123 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2020 08/21/20 | Sold | $560,000 | -3.3% | $334 / Sq Ft |
| 07/22/2020 07/22/20 | Pending | -- | -- | -- |
| 02/21/2020 02/21/20 | For Sale | $579,000 | -- | $346 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,297 | $761,800 | $323,700 | $438,100 |
| 2024 | $3,843 | $536,000 | $245,300 | $290,700 |
| 2023 | $3,744 | $536,400 | $245,300 | $291,100 |
| 2022 | $3,642 | $536,400 | $245,300 | $291,100 |
| 2021 | $4,118 | $497,400 | $166,500 | $330,900 |
| 2020 | $2,787 | $345,400 | $166,500 | $178,900 |
| 2019 | $2,019 | $250,800 | $158,100 | $92,700 |
| 2018 | $1,782 | $201,400 | $115,400 | $86,000 |
| 2017 | $1,744 | $201,400 | $115,400 | $86,000 |
| 2016 | $1,728 | $201,400 | $115,400 | $86,000 |
| 2015 | $1,774 | $202,000 | $141,800 | $60,200 |
| 2014 | $1,768 | $202,000 | $141,800 | $60,200 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Marcello
-
Lance Padulsky
L
Seller Co-Listing Agent in 2020
Lance Padulsky
Fieldstone Properties, Inc.
(617) 901-7372
27 Total Sales
-
Peter Plourde
Buyer's Agent in 2020
Peter Plourde
William Raveis Chapman Enstone
(860) 377-9185
10 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1247785
APN: JAME-000001-000000-000038
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