NOT LISTED FOR SALE

48 Indian Rd Little Compton, RI 02837

Estimated Value: $1,006,000 - $1,225,000

2 Beds
2 Baths
1,040 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $570,000 $548 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $6,265/month

5 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 2 Car Attached Garage
  • Wilbur & McMahon School Rated A-
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of September 2018

The perfect vacation home and location situated in Indian Rock Acres overlooking the Atlantic Ocean. This adorable 2 bedroom ranch is ready to be filled with family and friends and start making memories. A spacious deck runs along the entire back of the house perfect for meals, sitting in the sun or simply relaxing. The upper deck is all about looking out to sea and enjoying the sun and the stars. You are not in the flood zone, yet the views are panoramic. The two car garage could become extra living space or simply store all of your summer toys! This property holds a lot of potential. The property is being sold in "as is" condition.

Last Agent to Sell the Property

Eleanor Wickes

Mott & Chace Sotheby's Intl. License #RES.0034222 Listed on: 08/09/2018

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Kathleen Hall

Spinnaker Properties LLC. License #REB.0011248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1976

Lot Details

  • 0.37 Acre Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • Central Air
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Indian Acres Subdivision

Listing and Financial Details

  • Tax Lot 195
  • Assessor Parcel Number 48INDIANRDLCOM

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1976

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Subdivision Name: Indian Acres
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1976
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1040.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 125.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16117.2
  • Parcel #: 48INDIANRDLCOM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2913.0
  • Tax Lot: 195
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 18, 2018
Sold by
Refojo Svetlana B
Bought by
Alva Heath and Alva Tina
Seller's Agent
Eleanor Wickes
Mott & Chace Sotheby's Intl.
Buyer's Agent
Kathleen Hall
Spinnaker Properties LLC.
List Price
$499,000
Sold Price
$570,000
Premium/Discount to List
$71,000
14.23%
Current Estimated Value
$1,132,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,369
Avg. Annual Appreciation
9.96%
Original Mortgage
$250,000
Outstanding Balance
$217,589
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$914,780

Purchase Details

Closed on
Jun 27, 1995
Sold by
Watson Donald E and Watson Mary
Bought by
Albright Carol Ba

Purchase Details

Closed on
Sep 13, 1993
Sold by
Demers Raymond A and Demers Dorothy
Bought by
Watson Donald E and Watson Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alva Heath $570,000 --
Albright Carol Ba $180,000 --
Watson Donald E $182,000 --
Alva Heath $570,000 --
Albright Carol Ba $180,000 --
Watson Donald E $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Donald E $250,000
Closed Watson Donald E $250,000
Previous Owner Watson Donald E $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $570,000 +14.2% $548 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $499,000 -- $480 / 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 $3,591 $749,700 $529,600 $220,100
2024 $3,267 $643,100 $409,200 $233,900
2023 $3,190 $643,100 $409,200 $233,900
2022 $3,151 $643,100 $409,200 $233,900
2021 $3,214 $532,200 $356,000 $176,200
2020 $3,188 $532,200 $356,000 $176,200
2019 $3,156 $532,200 $356,000 $176,200
2018 $2,973 $498,800 $322,600 $176,200
2016 $2,828 $498,800 $322,600 $176,200
2015 $2,783 $484,000 $303,400 $180,600
2014 $2,730 $484,000 $303,400 $180,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1200003

State-Wide MLS

APN: LCOM-000033-000000-000195