NOT LISTED FOR SALE

402 W Main Rd Little Compton, RI 02837

Estimated Value: $1,055,897 - $1,397,000

3 Beds
2 Baths
1,500 Sq Ft
$858/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $880,000 $587 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,471/month

122 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • 2 Car Detached Garage
  • Wilbur & McMahon School Rated A-
  • Cottage
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of December 2015

Completely renovated cottage with separate guest quarters. Main home has 7 rooms, 3 bedroom and 2 baths, enclosed porch, beach stone fireplace, outdoor shower and deck. Guest has 1 bedroom, 1 bath livingroom with fp, familyroom and outdoor deck.

Last Agent to Sell the Property

Liz Kinnane

Mott & Chace Sotheby's Intl. License #RES.0027323 Listed on: 07/15/2015

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Deborah Ladd

Compass License #REB.0011353

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,443

Year Built

  • Built in 1860

Lot Details

  • 0.88 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Wood Flooring

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 402MAINRDLCOM

Community Details

Overview

  • The Commons Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,443

Year Built

Built in 1860

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8838
  • Subdivision Name: THE COMMONS
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1860
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Living Area: 1500.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Near Schools, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 38500.0
  • Parcel #: 402MAINRDLCOM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3443.0
  • Tax Lot: 27
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2015
Closed on
Dec 15, 2015
Sold by
Gibbs Harelson J and Gibbs Richard M
Bought by
Frank C Schroeder 3Rd
Seller's Agent
Liz Kinnane
Mott & Chace Sotheby's Intl.
Buyer's Agent
Deborah Ladd
Compass
List Price
$895,000
Sold Price
$880,000
Premium/Discount to List
-$15,000
-1.68%
Current Estimated Value
$1,287,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,224
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Apr 26, 1994
Sold by
Bank Of Boston Florida
Bought by
Kearney Dennis and Murphy Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
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
Frank C Schroeder 3Rd $880,000 --
Kearney Dennis $225,000 --
Frank C Schroeder 3Rd $880,000 --
Kearney Dennis $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kearney Dennis $160,000
Previous Owner Kearney Dennis $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $880,000 -1.7% $587 / Sq Ft
11/15/2015 11/15/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $895,000 -- $597 / 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 $4,334 $853,100 $278,400 $574,700
2023 $4,231 $853,100 $278,400 $574,700
2022 $4,180 $853,100 $278,400 $574,700
2021 $4,546 $752,700 $242,100 $510,600
2020 $4,509 $752,700 $242,100 $510,600
2019 $4,464 $752,700 $242,100 $510,600
2018 $4,044 $678,600 $242,100 $436,500
2016 $3,848 $678,600 $242,100 $436,500
2015 $3,510 $610,400 $220,100 $390,300
2014 -- $610,400 $220,100 $390,300
Source: Public Records

Agents Affiliated with this Home

  • Liz Kinnane

    Seller's Agent in 2015

    Liz Kinnane

    Mott & Chace Sotheby's Intl.

    (401) 835-1030

    31 in this area

    82 Total Sales

    Liz Kinnane
    Section Image
  • Deborah Ladd

    Buyer's Agent in 2015

    Deborah Ladd

    Compass

    (508) 493-5551

    23 in this area

    33 Total Sales

    Deborah Ladd
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1102452

State-Wide MLS

APN: LCOM-000020-000000-000027

Rhode Island Newport County Little Compton 02837

402 W Main Rd, Little Compton, RI

This home is located at 402 W Main Rd, Little Compton, RI 02837 since 15 July 2015 and is currently estimated at $1,287,224, approximately $858 per square foot. This property was built in 1860. 402 W Main Rd is a home located in Newport County with nearby schools including Wilbur & McMahon School.

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