NOT LISTED FOR SALE

47 Ocean Ave Jamestown, RI 02835

Jamestown Village Neighborhood

Estimated Value: $989,000 - $3,022,000

2 Beds
2 Baths
834 Sq Ft
$1,915/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $1,062,500 $1,274 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,663/month

61 Days on Market

Highlights

  • Marina
  • Water Views
  • 0.76 Acre Lot
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • Deck

About This Home

As of March 2023

West Ferry / Dutch Harbor area- enjoy wonderful sunsets and water views from this 3/4 acre lot, including a 1930's summer cottage. Located just a few blocks from the Dutch Harbor Boatyard, municipal tennis courts, playground, library and only a half mile from all the the village has to offer. Renovate the existing cottage, or raze and build your dream home. The property is serviced by municipal water and sewer. A recent property survey including topography, has been completed and can be provided for future design /build purposes. Jamestown is the "Jewel of Narragansett Bay", an island oasis conveniently connected to the mainland.

Last Agent to Sell the Property

Bob Bailey

Lila Delman Compass License #RES.0027739 Listed on: 01/09/2023

Last Buyer's Agent

Bob Bailey

Lila Delman Compass License #RES.0027739 Listed on: 01/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,547

Year Built

  • Built in 1938

Lot Details

  • 0.76 Acre Lot
  • Property is zoned R20

Home Design

  • Cottage
  • Combination Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Siding
  • Clapboard

Interior Spaces

  • 834 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 47OCEANAVJAME

Community Details

Recreation

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

Additional Features

  • West Ferry / Dutch Harbor Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,547

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7553
  • Subdivision Name: West Ferry / Dutch Harbor
  • Above Grade Finished Sq Ft: 834.0
  • Architectural Style: Cabin/Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Wood
  • Living Area: 834.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Other, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Block, Combination, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Public Sewer, Sewer Assessment(s), Septic Tank
  • Utilities: Sewer Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32899.0
  • Parcel #: 47OCEANAVJAME
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5547.0
  • Tax Lot: 24
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Mar 2, 2023
Sold by
Drake Jed G and Leech Susanne A
Bought by
Hague Keri A and Hague Edgar Robert
Seller's Agent
Bob Bailey
Lila Delman Compass
Buyer's Agent
Bob Bailey
Lila Delman Compass
List Price
$1,099,000
Sold Price
$1,062,500
Premium/Discount to List
-$36,500
-3.32%
Views
2
Current Estimated Value
$1,596,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,472
Avg. Annual Appreciation
18.87%

Purchase Details

Listed on
Sep 18, 2022
Closed on
Nov 18, 2022
Sold by
Oceanbavenue Llc
Bought by
Drake Jed G and Leech Susanne A
Seller's Agent
Robin Tregenza
Residential Properties Ltd.
Buyer's Agent
Bob Bailey
Lila Delman Compass
List Price
$975,000
Sold Price
$1,007,500
Premium/Discount to List
$32,500
3.33%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.70%
Original Mortgage
$536,900
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 18, 2022
Closed on
Nov 8, 2022
Sold by
Hannold Judith S
Bought by
Ocean Avenue Llc
Seller's Agent
Robin Tregenza
Residential Properties Ltd.
Buyer's Agent
Bob Bailey
Lila Delman Compass
List Price
$975,000
Sold Price
$1,007,500
Premium/Discount to List
$32,500
3.33%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,900
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 18, 2022
Closed on
Nov 4, 2022
Sold by
Hannold Andrea D and Hannold Elizabeth A
Bought by
Ocean Avenue Llc
Seller's Agent
Robin Tregenza
Residential Properties Ltd.
Buyer's Agent
Bob Bailey
Lila Delman Compass
List Price
$975,000
Sold Price
$1,007,500
Premium/Discount to List
$32,500
3.33%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,900
Interest Rate
6.75%
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
Hague Keri A $1,062,500 None Available
Hague Keri A $1,062,500 None Available
Drake Jed G $1,007,500 None Available
Drake Jed G $1,007,500 None Available
Ocean Avenue Llc -- None Available
Ocean Avenue Llc -- None Available
Ocean Avenue Llc -- None Available
Ocean Avenue Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drake Jed G $536,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $1,062,500 -3.3% $1,274 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $1,099,000 +9.1% $1,318 / Sq Ft
11/21/2022 11/21/22 Sold $1,007,500 +3.3% $1,208 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/18/2022 09/18/22 For Sale $975,000 -- $1,169 / 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 $14,349 $2,544,100 $1,112,800 $1,431,300
2024 $5,598 $780,800 $619,900 $160,900
2023 $5,705 $817,300 $619,900 $197,400
2022 $5,549 $817,300 $619,900 $197,400
2021 $5,441 $657,100 $554,200 $102,900
2020 $5,307 $657,600 $554,200 $103,400
2019 $5,294 $657,600 $554,200 $103,400
2018 $4,853 $548,400 $477,200 $71,200
2017 $4,743 $547,700 $477,200 $70,500
2016 $5,257 $612,700 $542,200 $70,500
2015 $4,517 $514,500 $468,300 $46,200
2014 $4,502 $514,500 $468,300 $46,200
Source: Public Records

Agents Affiliated with this Home

  • Bob Bailey

    Seller's Agent in 2023

    Bob Bailey

    Lila Delman Compass

    (401) 413-6928

    48 in this area

    139 Total Sales

    Bob Bailey
    Section Image
  • Robin Tregenza

    Seller's Agent in 2022

    Robin Tregenza

    Residential Properties Ltd.

    (203) 246-6899

    24 in this area

    79 Total Sales

    Robin Tregenza
    Section Image

  • G

    Seller Co-Listing Agent in 2022

    Ginny Prichett

    Island Realty

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1327769

State-Wide MLS

APN: JAME-000008-000000-000024

Rhode Island Newport County Jamestown 02835 Jamestown Village

47 Ocean Ave, Jamestown, RI

This home is located at 47 Ocean Ave, Jamestown, RI 02835 since 09 January 2023 and is currently estimated at $1,596,972, approximately $1,914 per square foot. This property was built in 1938. 47 Ocean Ave is a home located in Newport County with nearby schools including Melrose Avenue School and Lawn Avenue School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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