NOT LISTED FOR SALE

48 Wells Ln Charlestown, RI 02813

Estimated Value: $1,182,963 - $1,731,000

3 Beds
2 Baths
2,460 Sq Ft
$591/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $735,000 $299 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,246/month

159 Days on Market

Highlights

  • Marina
  • Beach Access
  • 8.13 Acre Lot
  • Chariho High School Rated 10
  • Golf Course Community
  • Private Lot

About This Home

As of March 2016

Lovely custom built home nestled in private setting on over 8 acres. One floor living with open floor plan, mature landscaping, fruit bearing trees, private community situated on Ninigret Pond with Dock and Beach access and parking.

Last Agent to Sell the Property

Karin Schwer

Seaboard Properties License #RES.0033063 Listed on: 09/22/2015

Last Buyer's Agent

Andy Schilke

Schilke Realty License #REC.0018142

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,136

Year Built

  • Built in 2002

Lot Details

  • 8.13 Acre Lot
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Property is zoned R3A

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,460 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Power Generator
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 155/3
  • Assessor Parcel Number 48WELLSLANECHAR

Community Details

Overview

  • Sunrise Acres/Quannie Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,136

Year Built

Built in 2002

Lot Details

0

HOA Fees

$42 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 8.13
  • Subdivision Name: SUNRISE ACRES/QUANNIE
  • Above Grade Finished Sq Ft: 2460.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Cable TV
  • Living Area: 2460.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Wooded
  • Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 500.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 354143.0
  • Parcel #: 48WELLSLANECHAR
  • Zoning: R3A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7136.0
  • Tax Lot: 155/3
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2017
Sold by
Hathaway William K and Carey Mary S
Bought by
William K Hathaway 3Rd
Current Estimated Value
$1,453,241

Purchase Details

Listed on
Sep 22, 2015
Closed on
Mar 31, 2016
Sold by
Mills Diana H
Bought by
Hathaway William K and Marey Mary S
Seller's Agent
Karin Schwer
Seaboard Properties
Buyer's Agent
Andy Schilke
Schilke Realty
List Price
$850,000
Sold Price
$735,000
Premium/Discount to List
-$115,000
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$400,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2015
Sold by
Mills Arlene B
Bought by
Mills Diana H

Purchase Details

Closed on
Jan 28, 2014
Sold by
Mills Ronald R and Mills Arlene B
Bought by
Mills Diana H

Purchase Details

Closed on
May 17, 1999
Sold by
Briggs Mary L
Bought by
Mills Ronald R and Mills Arlene B
Source: Public Records

Range of Values:

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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
William K Hathaway 3Rd -- --
Hathaway William K $735,000 --
Mills Diana H -- --
Mills Diana H -- --
Mills Ronald R $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hathaway William K $400,000
Previous Owner Mills Ronald R $156,185
Previous Owner Mills Ronald R $174,432
Previous Owner Mills Ronald R $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $735,000 -13.5% $299 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $850,000 -- $346 / 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 $5,989 $1,009,900 $589,100 $420,800
2024 $5,837 $1,009,900 $589,100 $420,800
2023 $5,790 $1,008,700 $589,100 $419,600
2022 $6,276 $768,200 $432,700 $335,500
2021 $6,284 $768,200 $432,700 $335,500
2020 $6,322 $768,200 $432,700 $335,500
2019 $6,533 $707,800 $432,700 $275,100
2018 $6,823 $707,800 $432,700 $275,100
2017 $6,788 $707,800 $432,700 $275,100
2016 $7,206 $705,800 $420,600 $285,200
2015 $7,136 $705,800 $420,600 $285,200
2014 $6,987 $705,800 $420,600 $285,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1108470

State-Wide MLS

APN: CHAR-000004-000000-000155-000003