NOT LISTED FOR SALE

Estimated Value: $4,061,000 - $8,267,000

4 Beds
5.5 Baths
6,641 Sq Ft
$926/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $6,100,000 $919 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $36,250/month

33 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • Tennis Courts

About This Home

As of December 2020

Seaside --Spectacular waterfront estate and boater's dream paradise sited on 3.1 pristine acres on the picturesque shores of the East Passage of Narragansett Bay with totally unobstructed panoramic views, and 256 feet of beach frontage. The deep-water dock, floating dock, and cement boat ramp will impress all boating enthusiasts. An intimate seawall terrace and heated pool with waterfall spa is perfect for entertaining and enjoying the endless parade of sailboats and motor yachts cruising on the Bay. This architecturally designed 5,300 SF. shingle and stone residence has four en-suite bedrooms, five and one-half baths, and sensational water views from nearly every room. High-level finishes throughout include hardwoods, custom cabinetry, high ceilings, and detailed moldings. The great room with its wall of waterfront windows, soaring ceilings, and stone fireplace is open to the chief's kitchen, and cozy breakfast area. A formal dining room, den, and library with fireplace are superb spaces for more intimate gatherings. The primary bedroom suite on the main level has a sumptuous bath, two walk-in closets, and accesses the sprawling multi-level deck and pool. Three additional en-suite bedrooms on the second level all have private balconies with amazing Bay views. The garden level opens to the sparkling pool and offers an additional 1,400 SF. of living space. Other amenities include a tennis court, and an additional garage with attached studio or workshop. A rare waterfront gem!

Last Agent to Sell the Property

Cynthia Moretti

Lila Delman Compass License #REB.0016788 Listed on: 10/26/2020

Last Buyer's Agent

Bob Bailey

Lila Delman Compass License #RES.0027739

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,609

Year Built

  • Built in 2004

Lot Details

  • 3.09 Acre Lot
  • Beach Front
  • Private Lot
  • Secluded Lot
  • Sprinkler System
  • Property is zoned R80

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Game Room
  • Storage Room
  • Utility Room
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Security System Leased
  • Storm Windows
  • Storm Doors

Accessible Home Design

  • Accessibility Features
  • Low Pile Carpeting

Outdoor Features

  • In Ground Pool
  • Water Access
  • Walking Distance to Water
  • Mooring
  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 5COURTSTJAME

Community Details

Overview

  • Waterfront/East Passage/Bay Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,609

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.09
  • Subdivision Name: Waterfront/East Passage/Bay
  • Above Grade Finished Sq Ft: 5241.0
  • Architectural Style: Cabin/Cottage, Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Accessibility Features: Accessibility Features, Low Pile Carpet, Other
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1400.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Internal Expansion, Tub Shower, Central Vacuum, Cable TV
  • Living Area: 6641.0
  • Dining Room Type: Bathroom, Game Room, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Private, Secluded, Sprinkler System, Waterfront
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Mooring, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Masonry, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway, Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Built In, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 13.0

Utilities

  • Security: Security System Leased
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Hydro Air, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Private, Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 134600.0
  • Parcel #: 5COURTSTJAME
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 32609.0
  • Tax Lot: 29
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Apr 27, 2018
Sold by
Isenberg Family Lp
Bought by
Grundy James A
Seller's Agent
Melanie Delman
Lila Delman Compass
Buyer's Agent
Melanie Delman
Lila Delman Compass
List Price
$5,995,000
Sold Price
$4,200,000
Premium/Discount to List
-$1,795,000
-29.94%
Current Estimated Value
$6,148,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,948,480
Avg. Annual Appreciation
4.52%
Source: Public Records

Range of Values:

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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
Grundy James A $4,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardin Paul A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $6,100,000 -3.9% $919 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $6,350,000 +51.2% $956 / Sq Ft
04/27/2018 04/27/18 Sold $4,200,000 -29.9% $801 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
04/07/2017 04/07/17 For Sale $5,995,000 -- $1,144 / 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 $41,904 $7,429,700 $3,926,200 $3,503,500
2024 $42,525 $5,930,900 $3,025,200 $2,905,700
2023 $41,687 $5,972,400 $3,025,200 $2,947,200
2022 $40,553 $5,972,400 $3,025,200 $2,947,200
2021 $34,146 $4,123,900 $2,614,400 $1,509,500
2020 $32,589 $4,038,300 $2,614,400 $1,423,900
2019 $32,355 $4,019,200 $2,614,400 $1,404,800
2018 $32,995 $3,728,200 $2,268,700 $1,459,500
2017 $31,186 $3,601,200 $2,268,700 $1,332,500
2016 $30,898 $3,601,200 $2,268,700 $1,332,500
2015 $32,002 $3,644,900 $2,365,900 $1,279,000
2014 $31,893 $3,644,900 $2,365,900 $1,279,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1267408

State-Wide MLS

APN: JAME-000002-000000-000029