NOT LISTED FOR SALE

50 Ocean Dr Little Compton, RI 02837

Estimated Value: $1,348,565 - $1,845,000

4 Beds
1.5 Baths
1,620 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold November 13, 2014

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

Est. 88% increase in value since last sale

Current estimated payment $9,205/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

  • 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
  • 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

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

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
$1,645,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$770,391
Avg. Annual Appreciation
5.86%
Original Mortgage
$600,000
Outstanding Balance
$459,848
Interest Rate
4.17%
Estimated Equity
$1,185,543

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 List to Sale Price per Sq Ft
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
2025 $6,552 $1,367,800 $1,122,500 $245,300
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

    3 in this area

    46 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

Not Listed for Sale

Detached

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