NOT LISTED FOR SALE

5 Ohio Rd Little Compton, RI 02837

Little Compton Neighborhood

Estimated Value: $1,519,000 - $6,843,000

3 Beds
3 Baths
2,727 Sq Ft
$1,670/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $4,500,000 $1,650 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $27,040/month

111 Days on Market

Highlights

  • Marina
  • Ocean Front
  • In Ground Pool
  • Wilbur & McMahon School Rated A-
  • Beach Access
  • 4.73 Acre Lot

About This Home

As of November 2020

Extraordinary 4.7-acre oceanfront property with frontage on Lloyds Beach, surrounded by 20 acres of conservation land. Sited to take in the amazing panoramic views of the Atlantic Ocean out to Cuttyhunk and the Elizabeth Islands, Sakonnet Lighthouse, and Aquidneck Island, the 1939 former dairy barn was converted to a comfortable vacation retreat, complete with a gorgeous 55x21 ft gunite pool. The home features an open floor plan on the second level with a large living room area facing a wall of windows that open on to the balcony with breathtaking elevated views. A nicely sized kitchen, breakfast nook, dining area, and 2 bedrooms, both with ensuite baths complete the second floor. The first level features a family room with sliding glass doors that walk out to the gardens and pool below, as well as the third bedroom, full bath and laundry. The pool area, with blue slate deck also features a sauna and outdoor shower and is surrounded by colorful coastal gardens. Walking paths lead you through the conserved fields to the western side of the property, which includes 65 feet of beachfront along beautiful Lloyds Beach. A rare offering and a once in a lifetime opportunity to own a one-of-a-kind oceanfront property located in one of the most beautiful locations in coastal New England. Just 70 minutes from Boston and 45 minutes from Providence. Buyer pays Little Compton Agricultural Conservancy Tax at closing.

Last Listed By

Cherry Arnold

Mott & Chace Sotheby's Intl. License #RES.0040832 Listed on: 07/04/2020

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,372

Year Built

  • Built in 1939

Lot Details

  • 4.73 Acre Lot
  • Ocean Front
  • Private Lot
  • Secluded Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,727 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Leased
  • Storm Windows

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 401-1
  • Assessor Parcel Number 5OHIORDLCOM

Community Details

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Sakonnet Point Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,372

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 4.73
  • Subdivision Name: Sakonnet Point
  • Above Grade Finished Sq Ft: 2727.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1939
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 2727.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Private, Secluded, Waterfront
  • Pool Features: In Ground
  • Waterfront Features: Beach Access, Ocean Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Balcony, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Security: Security System Leased
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Underground
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 206038.0
  • Parcel #: 5OHIORDLCOM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 21372.0
  • Tax Lot: 401-1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Nov 14, 2020
Sold by
John C Whitehead T
Bought by
Seaconnet Point Barn Nt
Seller's Agent
Cherry Arnold
Mott & Chace Sotheby's Intl.
Buyer's Agent
Edward Marvell
Compass / Lila Delman Compass
List Price
$5,900,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,400,000
-23.73%
Total Days on Market
111
Current Estimated Value
$4,554,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,173
Avg. Annual Appreciation
0.27%
Original Mortgage
$3,500,000
Outstanding Balance
$3,133,525
Interest Rate
2.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,420,648

Purchase Details

Closed on
Sep 5, 2018
Sold by
John C Whitehead Ret 2
Bought by
John C Whitehead Ret 2

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
Seaconnet Point Barn Nt $4,500,000 None Available
John C Whitehead Ret 2 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seaconnet Point Barn Nt $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $4,500,000 -23.7% $1,650 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $5,900,000 -- $2,164 / 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
2024 $21,496 $4,231,500 $3,902,000 $329,500
2023 $20,988 $4,231,500 $3,902,000 $329,500
2022 $20,734 $4,231,500 $3,902,000 $329,500
2021 $21,679 $3,589,200 $3,294,500 $294,700
2020 $21,480 $3,586,000 $3,294,500 $291,500
2019 $21,265 $3,586,000 $3,294,500 $291,500
2018 $13,489 $2,263,300 $1,827,400 $435,900
2016 $12,833 $2,263,300 $1,827,400 $435,900
2015 $11,291 $1,963,700 $1,528,500 $435,200
2014 $11,075 $1,963,700 $1,528,500 $435,200
Source: Public Records

Agents Affiliated with this Home

  • Cherry Arnold

    Seller's Agent in 2020

    Cherry Arnold

    Mott & Chace Sotheby's Intl.

    (401) 864-5401

    48 in this area

    86 Total Sales

    Cherry Arnold
    Section Image
  • Edward Marvell

    Buyer's Agent in 2020

    Edward Marvell

    Compass / Lila Delman Compass

    (401) 225-6420

    4 in this area

    5 Total Sales

    Edward Marvell
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1258025

State-Wide MLS

APN: 9 401 1CE DR

Rhode Island Newport County Little Compton 02837 Little Compton

5 Ohio Rd, Little Compton, RI

Homes for Sale in Little Compton, RI

This home is located at 5 Ohio Rd, Little Compton, RI 02837 since 04 July 2020 and is currently estimated at $4,554,173, approximately $1,670 per square foot. This property was built in 1939. 5 Ohio Rd is a home located in Newport County with nearby schools including Wilbur & McMahon School.

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