$4,200,000
SOLD AUG 22, 2024
3 Beds
3 Baths
3,440 Sq Ft
0.66 Acres

Recently Sold

$1,221 Per Sq Ft

20% Above List Price

10 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • 0.66 Acre Lot

About This Home

As of August 2024

Welcome to 541 Seaside Drive, a truly extraordinary waterfront property in Jamestown, facing due west with spectacular sunset views over Narragansett Bay and the Jamestown Verrezzano Bridge. Experience coastal living with a private dock, beach access and mooring. Completely renovated in 2021, this residence features spacious living areas, where natural light floods through the strategically placed windows. Indulge in the ultimate culinary experience in the chef's kitchen, equipped with top-of-the-line appliances, generous island w/ bar seating, pantry and workstation. The adjoining dining area and open concept living areas boast panoramic water views, providing the perfect backdrop for dining and entertaining. A second living area w/ gas fireplace is adjoined by a den/office w/ expansive windows and glass doors throughout. Ascend to the second level and discover the primary suite, complete with a spa-like bathroom, his/hers dressing room, sitting area and balcony offering a true retreat. Two additional bedrooms w/ balconies, a versatile room w/ a murphy bed, spacious laundry room and guest bath w/ soaking tub, and glass shower completes this level. The ground level features: three-car garage w/ EV level 2 charging station, mudroom, storage, elevator, fourth garage bay and outdoor shower. This exceptional property also includes the option to purchase furnished, making it ready for immediate enjoyment. Multiple offer situation, final and best offers due by Monday July15, 5pm

Last Agent to Sell the Property

molly mcdonough

Compass / Lila Delman Compass License #RES.0045549 Listed on: 07/06/2024

Compass / Lila Delman Compass

Last Buyer's Agent

Louis Barrows

Keller Williams Leading Edge

Keller Williams Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,486

Year Built

  • Built in 1987

Lot Details

  • 0.66 Acre Lot
  • Beach Front
  • Property is zoned R40

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,440 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Gas Fireplace
  • Thermal Windows
  • Workshop
  • Storage Room
  • Utility Room
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Balcony
  • Deck
  • Outdoor Grill
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • 220 Volts
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • Accessible Elevator Installed
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 541SEASIDEDRJAME

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,486

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6635
  • Inclusions: Completely renovated in 2021
  • Above Grade Finished Sq Ft: 3440.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Other
  • Interior Amenities: Bathtub, Tub Shower, Elevator, Furnished
  • Living Area: 3440.0
  • Dining Room Type: Storage Room, Utility Room, Workshop
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Mooring, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Barbecue
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hydro Air, Propane, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 28900.0
  • Parcel #: 541SEASIDEDRJAME
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12486.28
  • Tax Lot: 121
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2024
Closed on
Aug 13, 2024
Sold by
Mary K Farrell T 2006 and Farrell
Bought by
Ann Marie Parrillo Ret and Parrillo
Seller's Agent
molly mcdonough
Compass / Lila Delman Compass
Buyer's Agent
Louis Barrows
Keller Williams Leading Edge
List Price
$3,500,000
Sold Price
$4,200,000
Premium/Discount to List
$700,000
20%
Total Days on Market
10
Views
14
Current Estimated Value
$3,944,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$255,936
Avg. Annual Appreciation
-7.38%

Purchase Details

Closed on
Jul 6, 2020
Sold by
Farrell Mary K and White Clifford L
Bought by
Mary K Farrell T K and Mary Farrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2002
Sold by
Leyon John and Leyon Althea
Bought by
White Clifford and Farrell Mary

Purchase Details

Closed on
May 13, 1991
Sold by
Citicorp Mtg
Bought by
Leyon John
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $4,200,000 None Available
Deed -- None Available
Deed -- None Available
Deed -- None Available
Deed $1,250,000 --
Deed $1,250,000 --
Warranty Deed $317,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $600,000 Adjustable Rate Mortgage/ARM
Previous Owner $386,100 No Value Available
Previous Owner $450,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $4,200,000 +20.0% $1,221 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/06/2024 07/06/24 For Sale $3,500,000 -- $1,017 / 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 $12,676 $1,767,900 $1,005,400 $762,500
2023 $12,466 $1,786,000 $1,005,400 $780,600
2022 $12,100 $1,782,100 $1,005,400 $776,700
2021 $11,931 $1,441,000 $942,000 $499,000
2020 $12,195 $1,511,100 $942,000 $569,100
2019 $12,164 $1,511,100 $942,000 $569,100
2018 $11,489 $1,298,200 $856,300 $441,900
2017 $11,242 $1,298,200 $856,300 $441,900
2016 $11,139 $1,298,200 $856,300 $441,900
2015 $11,925 $1,358,200 $1,000,900 $357,300
2014 $11,884 $1,358,200 $1,000,900 $357,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1363056

State-Wide MLS

APN: JAME-000003-000000-000121