NOT LISTED FOR SALE

Estimated Value: $426,000 - $484,000

2 Beds
1 Bath
740 Sq Ft
$600/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $399,000 $539 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,697/month

7 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Screened Patio
  • Hamilton Elementary School Rated A
  • Porch
  • Bathtub with Shower

About This Home

As of May 2024

Charming Ranch in a desirable location close to Wickford, Newport, URI, Narragansett Beach, and easy access to Rt 4. This 740 sq/ft, 2 bedroom, 1 bath home is ready for it's next owner. Located in the Plum Point neighborhood just north of the Jamestown Bridge, this home offers the ability to join the neighborhood association and gain access to the beach, parking, pavilion, etc... just in time for the Summer! Offering a simple layout, and just waiting for someone to put their touches on it. Whether a full time residence or a summer retreat, the choice is up to you. This home is an estate sale and is being sold 'as is'. Don't miss your opportunity to own your very own cottage by the Bay!

**UPDATE - Highest and Best offers due by Monday, May 6th at 5pm EST**

Last Agent to Sell the Property

Benjamin Thomas

RI Real Estate Services License #RES.0035270 Listed on: 04/30/2024

RI Real Estate Services

Last Buyer's Agent

Heather Cawley

RE/MAX Profnl. Newport, Inc. License #RES.0044151

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,503

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned VR

Parking

  • No Garage

Home Design

  • Fixer Upper
  • Block Foundation
  • Wood Siding
  • Shingle Siding
  • Masonry

Interior Spaces

  • 740 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 50PLUMPOINTRDNKNG

Community Details

Overview

  • Plum Point Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,503

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: Plum Point
  • Above Grade Finished Sq Ft: 740.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 740.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Masonry, Shingle Siding, Wood Siding
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Public Transportation, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 50PLUMPOINTRDNKNG
  • Zoning: VR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3503.0
  • Tax Lot: 009
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 31, 2024
Sold by
Roxanne H Smith Ret and Smith
Bought by
Meyer Melissa A
Seller's Agent
Benjamin Thomas
RI Real Estate Services
Buyer's Agent
Heather Cawley
RE/MAX Profnl. Newport, Inc.
List Price
$349,000
Sold Price
$399,000
Premium/Discount to List
$50,000
14.33%
Views
86
Current Estimated Value
$444,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,337
Avg. Annual Appreciation
8.56%
Original Mortgage
$339,150
Outstanding Balance
$335,184
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$109,153

Purchase Details

Closed on
Apr 10, 2023
Sold by
Smith Roxanne H
Bought by
Roxanne H Smith Ret and Smith

Purchase Details

Closed on
Jul 1, 2009
Sold by
Hoopes Susan E
Bought by
Smith Roxanne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2001
Sold by
Hughes Mark A
Bought by
Carmody Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,089
Interest Rate
7.09%
Source: Public Records

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
Meyer Melissa A $399,000 None Available
Meyer Melissa A $399,000 None Available
Roxanne H Smith Ret -- None Available
Roxanne H Smith Ret -- None Available
Smith Roxanne H $175,500 --
Carmody Susan E $123,000 --
Smith Roxanne H $175,500 --
Carmody Susan E $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Melissa A $339,150
Closed Meyer Melissa A $339,150
Previous Owner Carmody Susan E $140,000
Previous Owner Carmody Susan E $150,000
Previous Owner Carmody Susan E $121,089
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $399,000 +14.3% $539 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $349,000 -- $472 / 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 $4,196 $380,100 $259,400 $120,700
2024 $3,503 $244,300 $142,900 $101,400
2023 $3,503 $244,300 $142,900 $101,400
2022 $3,435 $244,300 $142,900 $101,400
2021 $3,168 $181,000 $96,500 $84,500
2020 $3,093 $181,000 $96,500 $84,500
2019 $3,093 $181,000 $96,500 $84,500
2018 $2,510 $132,300 $70,800 $61,500
2017 $2,459 $132,300 $70,800 $61,500
2016 $2,389 $132,300 $70,800 $61,500
2015 $2,521 $130,600 $70,800 $59,800
2014 $2,470 $130,600 $70,800 $59,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1357167

State-Wide MLS

APN: NKIN-000042-000009