NOT LISTED FOR SALE

5 Sea Ridge Dr Saunderstown, RI 02874

Estimated Value: $1,797,000 - $3,341,000

3 Beds
2.5 Baths
2,836 Sq Ft
$898/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $1,500,000 $529 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $14,822/month

256 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • 1.02 Acre Lot

About This Home

As of December 2014

Coastal delight perched above the ocean.Set amid tranquil grounds,offers perfect escape.Soaring ceilings.Chic,open entertainer's kitchen.Grand stone fireplace.Floor-to-ceiling windows.Glorious views of bay &ocean.Oceanside deck.Steps down to water

Last Agent to Sell the Property

Dan Harding

Lila Delman Compass License #RES.0032455 Listed on: 03/05/2014

Co-Listed By

Nicole Harding

Lila Delman Compass License #RES.0029555

Last Buyer's Agent

Kristin Coletti

Bruce Allen, REALTORS License #RES.0025527

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,252

Year Built

  • Built in 1974

Lot Details

  • 1.02 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Wooded Lot
  • Property is zoned R-40

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,836 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Deck
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 48/28
  • Assessor Parcel Number 5SEARIDGEDRNARR

Community Details

Overview

  • Oceanfront Westpassage Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,252

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Co List Office Mls Id: LILA
  • Co List Office Phone: 401-789-6666
  • Subdivision Name: OCEANFRONT WESTPASSAGE
  • Above Grade Finished Sq Ft: 2836.0
  • Architectural Style: Contemporary, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1974
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Accessibility Features: Low Pile Carpet
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Stone, Tile
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Skylights, Vaulted Ceiling(s), Central Vacuum, Cable TV
  • Living Area: 2836.0
  • Stories: 1
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows

Exterior Features

  • Lot Features: Cul-De-Sac, Wooded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Mooring, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Wood Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air, Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 44431.0
  • Parcel #: 5SEARIDGEDRNARR
  • Zoning: R-40

Tax Info

  • Tax Annual Amount: 19252.0
  • Tax Lot: 48/28
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
Dec 17, 2014
Sold by
Socol Jerry M
Bought by
Hoffman Cary J
Seller's Agent
Dan Harding
Lila Delman Compass
Buyer's Agent
Kristin Coletti
Bruce Allen, REALTORS
List Price
$1,795,000
Sold Price
$1,500,000
Premium/Discount to List
-$295,000
-16.43%
Current Estimated Value
$2,546,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,046,734
Avg. Annual Appreciation
4.96%
Original Mortgage
$1,125,000
Outstanding Balance
$878,126
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,668,608

Purchase Details

Closed on
Feb 24, 2012
Sold by
Socol Jerry M and Socol Nancy L
Bought by
Socol Jerry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2006
Sold by
Socol Jerry M and Socol Nancy L
Bought by
Socol Jerry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.42%

Purchase Details

Closed on
Oct 2, 1995
Sold by
Derobbio Elaine B
Bought by
Socol Jerry M and Socol Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoffman Cary J $1,500,000 --
Socol Jerry M -- --
Socol Jerry M -- --
Socol Jerry M $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Socol Jerry M $1,125,000
Previous Owner Socol Jerry M $351,000
Previous Owner Socol Jerry M $125,000
Previous Owner Socol Jerry M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2014 12/17/14 Sold $1,500,000 -16.4% $529 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $1,795,000 -- $633 / 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 $16,961 $2,498,000 $1,904,300 $593,700
2024 $16,362 $2,498,000 $1,904,300 $593,700
2023 $16,402 $1,761,800 $1,360,500 $401,300
2022 $15,856 $1,761,800 $1,360,500 $401,300
2021 $15,610 $1,761,800 $1,360,500 $401,300
2020 $16,526 $1,576,900 $1,226,900 $350,000
2019 $16,132 $1,576,900 $1,226,900 $350,000
2018 $15,690 $1,576,900 $1,226,900 $350,000
2017 $16,034 $1,518,400 $1,230,700 $287,700
2016 $15,305 $1,518,400 $1,230,700 $287,700
2015 $15,093 $1,518,400 $1,230,700 $287,700
2014 $19,724 $1,964,500 $1,692,100 $272,400
Source: Public Records

Agents Affiliated with this Home

  • Dan Harding

    Seller's Agent in 2014

    Dan Harding

    Lila Delman Compass

    (401) 954-1850

    60 in this area

    95 Total Sales

    Dan Harding
    Section Image

  • N

    Seller Co-Listing Agent in 2014

    Nicole Harding

    Lila Delman Compass

    (401) 419-2606

    52 in this area

    75 Total Sales

    Nicole Harding
    Section Image

  • K

    Buyer's Agent in 2014

    Kristin Coletti

    Bruce Allen, REALTORS

    (401) 641-5625

    41 Total Sales

    Kristin Coletti
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1061369

State-Wide MLS

APN: NARR-000048-N000000B-000028

Rhode Island Washington County Saunderstown 02874

5 Sea Ridge Dr, Saunderstown, RI

Not Listed for Sale

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