Seller's Agent in 2021
Jerry Sahagian
Preserve Realty, LLC
(401) 639-1200
4 in this area
22 Total Sales
42 Horizon Dr Saunderstown, RI 02874
Estimated Value: $1,539,000 - $1,886,000
4
Beds
2.5
Baths
3,224
Sq Ft
$524/Sq Ft
Est. Value
Highlights
- Marina
- Water Views
- 0.83 Acre Lot
- Narragansett Elementary School Rated A
- Golf Course Community
- Deck
About This Home
As of April 2021Stunning contemporary home with ocean views of Narragansett Bay offers the best of indoor and outdoor living. Both spacious interiors and ample outdoor vistas, including a sprawling yard and large wrap-around and multi-level decks, are enjoyed with glistening views of the Bay. The large open kitchen is perfect for family gatherings and entertaining with a generous kitchen island, and dining area set with sliding glass doors that open to an expansive wrap-around deck for dining alfresco. A formal dining room with ocean views and glass doors opening to deck, provides additional dining space with stunning wood floors and extends to a beautifully appointed living room. A handsome fireplace invites you to enjoy cozy evenings in the great room with soaring cathedral ceilings accented with skylights and sliding glass doors that open to a deep deck and showcases views of the Bay and spacious backyard complete with outdoor heated hot tub. Your master bedroom invites repose with moonlit Bay views enjoyed through generous windows and from your private bedroom deck, and features a large walk-in closet, vaulted ceilings, and master bath with custom tiled walk in shower. Three additional spacious bedrooms offer views of both the lush backyard and the Bay. The lower level extends your already generous living space with additional finished rooms perfect for a media room, playroom, office, or exercise room and readily enjoyed with a walkout and full windows.
Last Agent to Sell the Property
Preserve Realty, LLC License #REC.0016909 Listed on: 01/06/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,939
Year Built
- Built in 1993
Lot Details
- 0.83 Acre Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Contemporary Architecture
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 2-Story Property
- Cathedral Ceiling
- Skylights
- 1 Fireplace
- Thermal Windows
- Game Room
- Storage Room
- Laundry Room
- Utility Room
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Walking Distance to Water
- Balcony
- Deck
- Patio
- Outbuilding
Utilities
- Central Air
- Heating System Uses Gas
- Baseboard Heating
- Underground Utilities
- 200+ Amp Service
- Gas Water Heater
- Septic Tank
- Cable TV Available
Additional Features
- Accessibility Features
- Property near a hospital
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 42HORIZONDRNARR
Community Details
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2021
Closed on
Mar 31, 2021
Sold by
Iannucci Paul V
Bought by
Derosa Thomas C and Stepanian Julie L
Seller's Agent
Jerry Sahagian
Preserve Realty, LLC
Buyer's Agent
Michele Caprio Brais
Residential Properties Ltd.
List Price
$1,050,000
Sold Price
$1,050,000
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
$640,223
Avg. Annual Appreciation
10.73%
Original Mortgage
$475,000
Outstanding Balance
$426,522
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,263,701
Purchase Details
Closed on
Apr 9, 2018
Sold by
Iannucci Paul V and Iannucci Judith A
Bought by
Iannucci Paul V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.13%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Derosa Thomas C | $1,037,500 | None Available | |
| Iannucci Paul V | $310,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Derosa Thomas C | $475,000 | |
| Previous Owner | Iannucci Paul V | $425,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2021 04/01/21 | Sold | $1,050,000 | 0.0% | $326 / Sq Ft |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- |
| 01/06/2021 01/06/21 | For Sale | $1,050,000 | -- | $326 / 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 | $8,354 | $1,230,400 | $494,000 | $736,400 |
| 2024 | $8,059 | $1,230,400 | $494,000 | $736,400 |
| 2023 | $8,098 | $869,800 | $352,900 | $516,900 |
| 2022 | $7,828 | $869,800 | $352,900 | $516,900 |
| 2021 | $7,706 | $869,800 | $352,900 | $516,900 |
| 2020 | $7,940 | $757,600 | $433,900 | $323,700 |
| 2019 | $7,750 | $757,600 | $433,900 | $323,700 |
| 2018 | $7,538 | $757,600 | $433,900 | $323,700 |
| 2017 | $8,237 | $780,000 | $424,800 | $355,200 |
| 2016 | $7,862 | $780,000 | $424,800 | $355,200 |
| 2015 | $7,753 | $780,000 | $424,800 | $355,200 |
| 2014 | $8,300 | $826,700 | $467,300 | $359,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Sahagian
-
Michele Caprio Brais
M
Buyer's Agent in 2021
Michele Caprio Brais
Residential Properties Ltd.
(401) 529-6455
1 in this area
3 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1272799
APN: NARR-000048-N000000B-000023
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