NOT LISTED FOR SALE

45 Francis Ln Little Compton, RI 02837

Estimated Value: $900,406 - $1,083,000

3 Beds
2 Baths
1,736 Sq Ft
$574/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $651,000 $375 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,533/month

7 Days on Market

Highlights

  • Beach Front
  • River Access
  • Cottage
  • Wilbur & McMahon School Rated A-
  • Wood Flooring
  • Den

About This Home

As of November 2020

This charming and bright 3-bedroom, 2-bath home is ready for the next chapter with a new owner's vision. Abutting the Almy Creek Salt-marsh this cottage style home offers westerly water views from nearly every room overlooking the Fogland Marsh Preserve. Soak up the pastoral evening sunsets from the deck, sun porch, or from the backyard. Originally built in 1970, the first floor features an eat-in kitchen, Living room, two bedrooms plus a den/office with sliding glass door leading to the deck and a four seasons sun porch for hosting family gatherings. The second story owner's suite added on in 1992 offers stunning views of the Sakonnet River. Updates include a new septic in 2001, two year old roof, and updated boiler. The detached one-car garage with attached garden shed allow for ample exterior storage with a full unfinished basement that would make a great workshop. The yard boasts fruiting trees, blueberry bushes and perennials and garden beds that fade back into a sea of marsh highlands and coastal grasses. Conveniently located minutes from Historic Tiverton Four Corners, the Town Commons, beaches and less than fifteen minutes to Sakonnet Point. Wonderful opportunity to customize a waterfront home to taste. Buyer to pay LCACT at closing. Highest and best offers are due by 12pm on Wednesday, October 21, 2020.

Last Agent to Sell the Property

Amanda Nickerson Toste

Coastal Properties Group License #REB.0018857 Listed on: 10/17/2020

Last Buyer's Agent

Alexandra Thursby

Mott & Chace Sotheby's Intl. License #RES.0035586

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,147

Year Built

  • Built in 1970

Lot Details

  • 0.64 Acre Lot
  • Beach Front
  • Property is zoned 1010

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Living Room
  • Den
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • River Access
  • Walking Distance to Water
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Almy Brook Subdivision

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number 45FRANCISLANELCOM

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,147

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Subdivision Name: Almy Brook
  • Above Grade Finished Sq Ft: 1736.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1970
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower, Storage
  • Living Area: 1736.0
  • Dining Room Type: Bathroom, Den, Full Bath, Florida Room, Kitchen, Living Room, Porch, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, River Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Clapboard
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil, Wood
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27878.0
  • Parcel #: 45FRANCISLANELCOM
  • Zoning: 1010
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3146.55
  • Tax Lot: 154
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 6, 2020
Sold by
Nickerson Ft and Nickerson
Bought by
Alteirac Rebecca A and Alteirac Laurent N
Seller's Agent
Amanda Nickerson Toste
Coastal Properties Group
Buyer's Agent
Alexandra Thursby
Mott & Chace Sotheby's Intl.
List Price
$649,000
Sold Price
$651,000
Premium/Discount to List
$2,000
0.31%
Current Estimated Value
$997,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,102
Avg. Annual Appreciation
8.01%
Original Mortgage
$520,800
Outstanding Balance
$468,694
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$477,228

Purchase Details

Closed on
Aug 26, 1980
Bought by
Nickerson Earl S and Nickerson Geraldine
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
Alteirac Rebecca A $651,000 None Available
Alteirac Rebecca A $651,000 None Available
Nickerson Earl S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alteirac Rebecca A $520,800
Closed Alteirac Rebecca A $520,800
Previous Owner Nickerson Earl S $250,000
Previous Owner Nickerson Earl S $175,000
Previous Owner Nickerson Earl S $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $651,000 +0.3% $375 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $649,000 -- $374 / 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 $2,968 $584,300 $381,600 $202,700
2023 $2,898 $584,300 $381,600 $202,700
2022 $2,863 $584,300 $381,600 $202,700
2021 $3,173 $525,300 $331,900 $193,400
2020 $3,147 $525,300 $331,900 $193,400
2019 $3,115 $525,300 $331,900 $193,400
2018 $3,264 $547,600 $347,000 $200,600
2016 $3,105 $547,600 $347,000 $200,600
2015 $3,163 $550,000 $342,900 $207,100
2014 $3,102 $550,000 $342,900 $207,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1267792

State-Wide MLS

APN: LCOM-000001-000000-000154