Seller's Agent in 2020
Lindsey Duckworth
Mott & Chace Sotheby's Intl.
(508) 284-0158
6 in this area
87 Total Sales
55 E Main Rd Little Compton, RI 02837
Estimated Value: $853,000 - $1,180,000
5
Beds
3
Baths
4,504
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Marina
- Golf Course Community
- 7.5 Acre Lot
- Wilbur & McMahon School Rated A-
- Horses Allowed On Property
- Deck
About This Home
As of April 2020Opportunity Awaits! Situated on 7.5 serene acres filled with character and charm this home is the farm coast Airbnb investment you have been dreaming of. Comprised of 3 spacious fully rented legal units, this multi family is rare to Little Compton, offering both seasonal and yearly rental options. Interior features include hardwood flooring, crown moulding, private entrances, in unit washer/dryer hookups, and immense natural light. Exterior offers 3 private deck spaces ideal for grilling and entertaining, 3 Car Garage with attached 14x30 workshop/studio space, and ample parking. Upgrades include 5 Bedroom Septic System, Separate Individual Electric Meters, & 10 year young roof. If desired this quaint farmhouse can be converted back to a single family residence. Ideal Location minutes to Sakonnet Vineyards, local beaches, and the center of town. Buyer pays Little Compton Agricultural Conservancy Tax at closing.
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. License #RES.0040348 Listed on: 05/13/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,777
Year Built
- Built in 1930
Lot Details
- 7.5 Acre Lot
- Wooded Lot
Parking
- 3 Car Detached Garage
Home Design
- Stone Foundation
- Wood Siding
- Clapboard
- Plaster
Interior Spaces
- 4,504 Sq Ft Home
- 2-Story Property
- Skylights
- Storage Room
- Laundry in unit
- Utility Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Storm Windows
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Outdoor Features
- Deck
- Outbuilding
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Heating System Uses Steam
- Private Water Source
- Well
- Oil Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 42
- Assessor Parcel Number 55EASTMAINRDLCOM
Community Details
Overview
- 3 Buildings
- 3 Units
- East Main Subdivision
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Building Details
- Operating Expense $10,962
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2019
Closed on
Apr 9, 2020
Sold by
Simmons Dana R
Bought by
Bee Haven Farm Llc
Seller's Agent
Lindsey Duckworth
Mott & Chace Sotheby's Intl.
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$595,000
Sold Price
$545,000
Premium/Discount to List
-$50,000
-8.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,269
Avg. Annual Appreciation
10.43%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bee Haven Farm Llc | $545,000 | None Available | |
| Bee Haven Farm Llc | $545,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2020 04/20/20 | Sold | $545,000 | -8.4% | $121 / Sq Ft |
| 03/21/2020 03/21/20 | Pending | -- | -- | -- |
| 05/13/2019 05/13/19 | For Sale | $595,000 | -- | $132 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $3,100 | $610,300 | $244,100 | $366,200 |
| 2023 | $3,027 | $610,300 | $244,100 | $366,200 |
| 2022 | $2,990 | $610,300 | $244,100 | $366,200 |
| 2021 | $3,251 | $538,200 | $219,700 | $318,500 |
| 2020 | $3,224 | $538,200 | $219,700 | $318,500 |
| 2019 | $3,192 | $538,200 | $219,700 | $318,500 |
| 2018 | $2,777 | $465,900 | $219,700 | $246,200 |
| 2016 | $2,642 | $465,900 | $219,700 | $246,200 |
| 2015 | $2,888 | $502,200 | $204,800 | $297,400 |
| 2014 | $2,832 | $502,200 | $204,800 | $297,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsey Duckworth
-
Cherry Arnold
Seller Co-Listing Agent in 2020
Cherry Arnold
Mott & Chace Sotheby's Intl.
(401) 864-5401
47 in this area
86 Total Sales
-
Connor Dowd
Buyer's Agent in 2020
Connor Dowd
Keller Williams Coastal
(401) 864-4488
2 in this area
400 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1222915
APN: LCOM-000028-000000-000042-000001
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