NOT LISTED FOR SALE

50 Ocean Dr Little Compton, RI 02837

Estimated Value: $1,362,278 - $2,159,000

4 Beds
1.5 Baths
1,620 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold November 13, 2014

Last sale price $875,000 $540 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $10,004/month

93 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Wilbur & McMahon School Rated A-
  • Golf Course Community
  • Deck

About This Home

As of November 2014

On over one half acre of direct ocean front land sits a pretty, 4-bedroom cottage with glorious views all the way to Cuttyhunk & Martha's Vineyard. Walk to the beach! A new 4-bedroom septic design is currently in the works. Buyer to pay LCAT. Lovely.

Last Agent to Sell the Property

Susan Gustavson

Lila Delman Compass License #REB.0017044 Listed on: 07/12/2014

Last Buyer's Agent

Alexandra Thursby

Mott & Chace Sotheby's Intl. License #RES.0035586

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1950

Lot Details

  • 0.55 Acre Lot
  • Beach Front
  • Cul-De-Sac

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding
  • Breezeway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 50OCEANDRLCOM

Community Details

Overview

  • Indian Rock Acres Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,400

Year Built

Built in 1950

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Subdivision Name: INDIAN ROCK ACRES
  • Above Grade Finished Sq Ft: 1620.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 1620.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Breezeway, Deck
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 50OCEANDRLCOM
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Lot: 151
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2014
Closed on
Nov 13, 2014
Sold by
Conrad Carol H and Hooker Richard P
Bought by
Jefferson Gary
Seller's Agent
Susan Gustavson
Lila Delman Compass
Buyer's Agent
Alexandra Thursby
Mott & Chace Sotheby's Intl.
List Price
$939,000
Sold Price
$875,000
Premium/Discount to List
-$64,000
-6.82%
Current Estimated Value
$1,796,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,070
Avg. Annual Appreciation
5.74%
Original Mortgage
$600,000
Interest Rate
4.17%

Purchase Details

Closed on
Jun 22, 2011
Sold by
Richard P Hooker T
Bought by
Conrad Carol H and Hooker Richard P
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
Jefferson Gary $875,000 --
Jefferson Gary $875,000 --
Conrad Carol H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jefferson Gary $600,000
Previous Owner Conrad Carol H $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2014 11/13/14 Sold $875,000 -6.8% $540 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
07/12/2014 07/12/14 For Sale $939,000 -- $580 / 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 $5,728 $1,127,600 $867,200 $260,400
2023 $5,593 $1,127,600 $867,200 $260,400
2022 $5,525 $1,127,600 $867,200 $260,400
2021 $5,612 $929,200 $754,000 $175,200
2020 $5,566 $929,200 $754,000 $175,200
2019 $5,510 $929,200 $754,000 $175,200
2018 $5,117 $858,500 $683,300 $175,200
2016 $4,868 $858,500 $683,300 $175,200
2015 $4,704 $818,000 $642,800 $175,200
2014 $4,614 $818,000 $642,800 $175,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Susan Gustavson

    Lila Delman Compass

  • Alexandra Thursby

    Buyer's Agent in 2014

    Alexandra Thursby

    Mott & Chace Sotheby's Intl.

    (401) 266-9900

    4 in this area

    54 Total Sales

    Alexandra Thursby
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Map

Source: State-Wide MLS

MLS Number: 1073352

State-Wide MLS

APN: LCOM-000033-000000-000151

Rhode Island Newport County Little Compton 02837

50 Ocean Dr, Little Compton, RI

This home is located at 50 Ocean Dr, Little Compton, RI 02837 since 12 July 2014 and is currently estimated at $1,796,070, approximately $1,108 per square foot. This property was built in 1950. 50 Ocean Dr is a home located in Newport County with nearby schools including Wilbur & McMahon School.

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