$1,445,000
SOLD MAR 14, 2025
2 Beds
2.5 Baths
2,687 Sq Ft
0.51 Acres

Recently Sold

$538 Per Sq Ft

1% Above List Price

0 Day on Market

Highlights

  • Marina
  • Water Views
  • Water Access
  • Hamilton Elementary School Rated A
  • Golf Course Community
  • Spa

About This Home

As of March 2025

Spectacular coastal home in Rhode Island's best kept secret Plum Beach! A completely renovated Ranch where contemporary style meets traditional charm. Enjoy water views from the open concept kitchen with a wall of glass that leads out to the blue stone and brick patio for outdoor living at its best. The kitchen also includes vaulted ceilings, a large island, quartz countertops, luxury Thermador appliances, and a Sub-Zero refrigerator. An adjoining eat-in dining area features a built-in wet bar, coordinating with the island cabinetry. A formal dining room just off the kitchen with views of the coastline and custom built-ins. The living room is welcoming and cozy with built-ins and a beautiful brick fireplace providing the perfect place to unwind. North wing of the house, the primary ensuite includes custom built-ins that offer the perfect set up to work from home as well as glass sliding doors that lead to the outdoor patio with mature landscaping, surrounding stonewalls, an outdoor shower and a privately located hot tub. The home also includes an additional bedroom, a second full bathroom with a half bathroom off the mudroom and an adjoining laundry room. An existing staircase off the mudroom to the loft over the garage for possible expansion for living area/bedroom. The lower level offers a bonus space for guests. A short walk or golf cart ride to the beach, boating, and tennis courts on Narragansett Bay. Minutes to downtown Newport and train to NYC and Boston.

Last Agent to Sell the Property

John Teeden

Mott & Chace Sotheby's Intl. License #RES.0016931 Listed on: 02/03/2025

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

John Teeden

Mott & Chace Sotheby's Intl. License #RES.0016931 Listed on: 02/03/2025

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,900

Year Built

  • Built in 1940

Lot Details

  • 0.51 Acre Lot
  • Sprinkler System
  • Wooded Lot
  • Property is zoned NR

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1-Story Property
  • Dry Bar
  • Cathedral Ceiling
  • Stone Fireplace
  • Fireplace Features Masonry
  • Family Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Mooring
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Underground Utilities
  • 200+ Amp Service
  • Water Heater
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 45SPRINGSTNKNG

Community Details

Amenities

  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,900

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Above Grade Finished Sq Ft: 2079.0
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 608.0
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Cathedral Ceiling(s), Dry Bar, High Ceilings, Permanent Attic Stairs, Storage, Stall Shower, Vaulted Ceiling(s), Cable TV
  • Living Area: 2687.0
  • Dining Room Type: Family Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Sprinkler System, Wooded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Mooring, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Other, Private Sewer, Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Restaurant, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: 45SPRINGSTNKNG
  • Zoning: NR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11900.0
  • Tax Lot: 125
  • Tax Map Number: 041
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 14, 2025
Sold by
Belcher Daniel and Belcher Lauren A
Bought by
Sarah M Picard T M and Sarah Picard
Seller's Agent
John Teeden
Mott & Chace Sotheby's Intl.
Buyer's Agent
John Teeden
Mott & Chace Sotheby's Intl.
List Price
$1,425,000
Sold Price
$1,445,000
Premium/Discount to List
$20,000
1.4%
Views
9
Current Estimated Value
$1,571,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,462
Avg. Annual Appreciation
17.15%
Original Mortgage
$281,000
Interest Rate
6.95%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 8, 2021
Closed on
Sep 8, 2021
Sold by
Susan J Chernov Ret
Bought by
Belcher Daniel and Belcher Lauren A
Seller's Agent
Kathleen Kourakis
Mott & Chace Sotheby's Intl.
Buyer's Agent
Kathleen Kourakis
Mott & Chace Sotheby's Intl.
List Price
$875,000
Sold Price
$890,000
Premium/Discount to List
$15,000
1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.76%
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2000
Sold by
Mccarthy Veronica
Bought by
Chernon Nathan T and Chernon Susan J

Purchase Details

Closed on
Mar 3, 1998
Sold by
Sovereign Fncl Inc
Bought by
Mccarthy Veronica

Purchase Details

Closed on
Feb 9, 1998
Sold by
Industry Mtg Co Lp
Bought by
Sovereign Financial
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 Type Sale Price Title Company
Warranty Deed $1,445,000 None Available
Warranty Deed $1,445,000 None Available
Warranty Deed $890,000 None Available
Warranty Deed $890,000 None Available
Warranty Deed $352,500 --
Warranty Deed $352,500 --
Warranty Deed $280,000 --
Warranty Deed $280,000 --
Warranty Deed $185,000 --
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,000 Commercial
Closed $281,000 Commercial
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $330,000 No Value Available
Previous Owner $30,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $1,445,000 +1.4% $538 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $1,425,000 +60.1% $530 / Sq Ft
09/08/2021 09/08/21 Sold $890,000 +1.7% $424 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $875,000 -- $417 / 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
2025 $12,222 $1,107,100 $719,700 $387,400
2024 $11,899 $829,800 $503,000 $326,800
2023 $11,899 $829,800 $503,000 $326,800
2022 $11,667 $829,800 $503,000 $326,800
2021 $10,371 $592,600 $319,900 $272,700
2020 $10,128 $592,600 $319,900 $272,700
2019 $10,126 $592,500 $319,900 $272,600
2018 $10,536 $555,400 $349,900 $205,500
2017 $10,325 $555,400 $349,900 $205,500
2016 $10,031 $555,400 $349,900 $205,500
2015 $9,756 $505,500 $324,800 $180,700
2014 $9,559 $505,500 $324,800 $180,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1377392

State-Wide MLS

APN: NKIN-000041-000125