NOT LISTED FOR SALE

Estimated Value: $1,434,495

0.81 Acre
$1,770,981 Price per Acre
35,284 Sq Ft Lot

Last Sold April 06, 2021

Last sale price $325,000

Est. 341% increase in value since last sale

Current estimated payment $8,756/month

44 Days on Market

Highlights

  • Marina
  • Water Views
  • Cul-De-Sac
  • Hamilton Elementary School Rated A
  • Walking Distance to Water
  • Public Transportation

About This Lot

As of April 2021

Beautiful waterfront lot on prestigious Carr Pond. Situated on a private road with access to Skating Pond and Carr Pond yet surrounded by acres of beautiful open space. Located only minutes to the much sought after Narragansett beaches, quaint Wickford Village, Newport, Narragansett town beach and just a short drive to New York and Boston. Build your dream home in this wonderful piece of paradise.

Last Agent to Sell the Property

Donna Kennedy

RE/MAX ADVANTAGE GROUP License #REB.0013385 Listed on: 01/21/2021

RE/MAX ADVANTAGE GROUP

Last Buyer's Agent

David Carty

CARTY REALTY License #REB.0016121

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,143

Lot Details

  • 0.81 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

Additional Features

  • Water Views
  • Well

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 48SKATINGPONDLANENKNG

Community Details

Overview

  • Saunderstown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$3,143

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.81
  • Road Frontage Type: Private Road
  • Subdivision Name: Saunderstown
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cul-De-Sac, Level
  • Topography: Level
  • View: Water
  • View: Yes
  • Waterfront Features: Dock Access, Walk to Water

Utilities

  • Utilities: Other
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Current Use: Residential
  • Development Status: Other
  • Land Lease: No
  • Lot Size Sq Ft: 35284.0
  • Wooded Area: 90.0
  • Parcel #: 48SKATINGPONDLANENKNG
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3143.0
  • Tax Lot: 21
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Rainone Ronald N
Bought by
Rainone Ronald M and Rainone Karen A
Current Estimated Value
$1,434,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,500
Outstanding Balance
$450,382
Interest Rate
6.33%
Mortgage Type
Construction
Estimated Equity
$984,113

Purchase Details

Listed on
Jan 21, 2021
Closed on
Apr 5, 2021
Sold by
Emily Holdings Llc
Bought by
Rainone Ronald N and Rainone Karen A
Seller's Agent
Donna Kennedy
RE/MAX ADVANTAGE GROUP
Buyer's Agent
David Carty
CARTY REALTY
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.43%

Purchase Details

Closed on
Sep 30, 2009
Sold by
Lyf Inc
Bought by
Albatross Rlty
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rainone Ronald M -- None Available
Rainone Ronald M -- None Available
Rainone Ronald N $325,000 None Available
Rainone Ronald N $325,000 None Available
Albatross Rlty $251,000 --
Albatross Rlty $251,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainone Ronald M $465,500
Closed Rainone Ronald M $465,500
Previous Owner Albatross Rlty $600,000
Previous Owner Albatross Rlty $2,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $325,000 -7.1% --
03/07/2021 03/07/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $349,900 -- --
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 $14,435 $1,307,500 $431,000 $876,500
2024 $13,686 $954,400 $281,000 $673,400
2023 $13,686 $954,400 $281,000 $673,400
2022 $3,951 $281,000 $281,000 $0
2021 $3,218 $183,900 $183,900 $0
2020 $3,143 $183,900 $183,900 $0
2019 $3,143 $183,900 $183,900 $0
2018 $3,669 $193,400 $193,400 $0
2017 $3,595 $193,400 $193,400 $0
2016 $3,493 $193,400 $193,400 $0
2015 $3,733 $193,400 $193,400 $0
2014 $3,657 $193,400 $193,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1273921

State-Wide MLS

APN: NKIN-000038-000021