Seller's Agent in 2020
Kristin Chwalk
Residential Properties Ltd.
(401) 965-9146
1 in this area
30 Total Sales
5 Payne Rd Barrington, RI 02806
Nayatt NeighborhoodEstimated Value: $1,640,000 - $2,374,000
4
Beds
3.5
Baths
4,315
Sq Ft
$468/Sq Ft
Est. Value
Highlights
- Marina
- Water Views
- Golf Course Community
- Barrington High School Rated A
- Beach Access
- Marble Flooring
About This Home
As of June 2020This property belongs in a magazine! Perched on a hill overlooking Narragansett Bay and just steps to the beach, this is one of Barrington's most admired homes. Originally built in 1870, this property underwent a total renovation in 2007. Step inside from the lovely wrap around porch and admire the many architectural details throughout. The entryway opens to a lovely living room with a fireplace, the hall leads to a formal dining room with a fireplace, built-ins and french doors to the porch. The granite kitchen offers stainless appliances and expands into an inviting family room with an informal eating area - perfect for entertaining. A gracious curved staircase leads to a second floor featuring a master suite with panoramic views, a balcony, a luxurious bath and double walk-in closets. There are three additional bedrooms - one with an en-suite bath and one with its own very special loft space any child would treasure. There is also a laundry room, an additional family bath and a back staircase leading down to the kitchen. The lower level offers a large recreation room as well as ample storage space. The professionally landscaped yard offers beautiful plantings, including hydrangea, perennials and an irrigation system. The private back patio is perfect for any summer evening while the veranda offers magnificent views - the perfect spot to watch the endless boating activity on Narragansett Bay. Amble down to the beach for a swim, kayak, paddleboard or to catch a fish!!!
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0026258 Listed on: 02/06/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,708
Year Built
- Built in 1870
Lot Details
- 14,000 Sq Ft Lot
Parking
- 2 Car Attached Garage
Home Design
- Antique Architecture
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Fireplace Features Masonry
- Thermal Windows
- Water Views
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Balcony
- Patio
- Porch
Utilities
- Central Air
- Heating System Uses Gas
- Hydro-Air Heating System
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 063
- Assessor Parcel Number 5PAYNERDBARR
Community Details
Overview
- Nayatt/Beach Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2020
Closed on
Jun 15, 2020
Sold by
Gardner Bradford A and Gardner Pamela D
Bought by
Smith Jeffrey M and Tam Elaine K
Seller's Agent
Kristin Chwalk
Residential Properties Ltd.
Buyer's Agent
Kirk Schryver Team
Compass
List Price
$1,675,000
Sold Price
$1,625,000
Premium/Discount to List
-$50,000
-2.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,552
Avg. Annual Appreciation
3.83%
Original Mortgage
$900,100
Outstanding Balance
$768,599
Interest Rate
1.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,251,953
Purchase Details
Closed on
Nov 30, 2011
Sold by
Blaine Theodore A and Blaine Danielle M
Bought by
Gardner Bradford A and Gardner Pamela D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 28, 2007
Sold by
Stanton Pamela
Bought by
Blaine Theodore Alton and Blaine Daniel Moorey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Jeffrey M | $1,625,000 | None Available | |
| Gardner Bradford A | $1,275,000 | -- | |
| Blaine Theodore Alton | $1,432,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Jeffrey M | $900,100 | |
| Previous Owner | Blaine Theodore Alton | $1,020,000 | |
| Previous Owner | Blaine Theodore Alton | $1,100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2020 06/15/20 | Sold | $1,625,000 | -3.0% | $377 / Sq Ft |
| 05/16/2020 05/16/20 | Pending | -- | -- | -- |
| 02/06/2020 02/06/20 | For Sale | $1,675,000 | -- | $388 / Sq Ft |
Source: State-Wide MLS
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 | $24,483 | $1,596,000 | $682,000 | $914,000 |
| 2024 | $23,541 | $1,596,000 | $682,000 | $914,000 |
| 2023 | $22,959 | $1,131,000 | $398,000 | $733,000 |
| 2022 | $22,224 | $1,131,000 | $398,000 | $733,000 |
| 2021 | $21,659 | $1,131,000 | $398,000 | $733,000 |
| 2020 | $21,214 | $1,015,000 | $354,000 | $661,000 |
| 2019 | $20,402 | $1,015,000 | $354,000 | $661,000 |
| 2018 | $19,793 | $1,015,000 | $354,000 | $661,000 |
| 2017 | $19,164 | $958,200 | $291,400 | $666,800 |
| 2016 | $17,679 | $958,200 | $291,400 | $666,800 |
| 2015 | $17,487 | $958,200 | $291,400 | $666,800 |
| 2014 | $15,562 | $850,400 | $278,300 | $572,100 |
Source: Public Records
Agents Affiliated with this Home
-
Kristin Chwalk
-
Kirk Schryver Team
K
Seller Co-Listing Agent in 2020
Kirk Schryver Team
Compass
(401) 225-0371
41 in this area
307 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1245855
APN: BARR-000007-000000-000063
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