NOT LISTED FOR SALE

Estimated Value: $1,867,468 - $2,409,000

5 Beds
3.5 Baths
7,076 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $2,300,000 $325 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $12,737/month

68 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Horses Allowed On Property
  • Davisville Middle School Rated A
  • Barn
  • 10.17 Acre Lot

About This Home

As of May 2024

Welcome to Little Bit Farm . A beautiful modern farmhouse surrounded by 10 pastoral acres of gardens, stonewalls and fields in coastal Rhode Island. The custom built 5000 square ft main house features handsome cherry and oak floors, Wolf, Bosch and Sub-Zero appliances, 2x6 construction, three-car garage, Viessman hydro air and central air conditioning, and a new generator. The primary suite includes a separate office/gym space with deck and a spa bath with soaking tub and oversized stone shower. Just minutes from Narragansett Bay and the Quidnessett Country Club this idyllic compound has organic vegetable, fruit and flower gardens a new greenhouse and walk-in cooler. The versatile gambrel barn is perfect for equestrian stables, a wedding venue, an art studio or yoga loft. Nearby amenities include the Quonset Bike Path, Quonset Davisville Yacht Club and Calf Pasture Point Beach. A dreamy homestead by the sea with all the conveniences of contemporary living.

Last Agent to Sell the Property

Kylie Mccollough

Mott & Chace Sotheby's Intl. License #RES.0042670 Listed on: 01/26/2024

Mott & Chace Sotheby's Intl.

Co-Listed By

Jennifer Crellin

Mott & Chace Sotheby's Intl. License #RES.0041767

Last Buyer's Agent

Midge Berkery

Mott & Chace Sotheby's Intl. License #RES.0034614

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,872

Year Built

  • Built in 2005

Lot Details

  • 10.17 Acre Lot
  • Fenced
  • Private Lot
  • Secluded Lot
  • Property is zoned RRCP

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Stone Fireplace
  • Workshop
  • Storage Room
  • Utility Room
  • Security System Owned
  • Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Power Generator
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Property near a hospital
  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 052
  • Assessor Parcel Number 57LITTLEBITLANENKNG

Community Details

Overview

  • Little Bit Farm Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,872

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 10.17
  • Co List Office Mls Id: MOCH03
  • Co List Office Phone: 401-789-8899
  • Subdivision Name: Little Bit Farm
  • Above Grade Finished Sq Ft: 4783.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2293.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Tub Shower, Central Vacuum, Cable TV
  • Living Area: 7076.0
  • Dining Room Type: Storage Room, Utility Room, Workshop
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Multiple lots, Private, Secluded
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s)
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 9.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hydro Air, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Generator
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 443005.0
  • Parcel #: 57LITTLEBITLANENKNG
  • Zoning: RRCP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 19872.0
  • Tax Lot: 052
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
May 1, 2024
Sold by
Palmisano Christopher N and Palmisano Kritsen G
Bought by
Frost James and Frost Sarah
Seller's Agent
Kylie Mccollough
Mott & Chace Sotheby's Intl.
Buyer's Agent
Midge Berkery
Mott & Chace Sotheby's Intl.
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Total Days on Market
68
Views
72
Current Estimated Value
$2,137,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$162,844
Avg. Annual Appreciation
-6.40%
Original Mortgage
$1,499,950
Outstanding Balance
$1,483,513
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$653,643

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 16, 2019
Sold by
Milone Matthew C
Bought by
Palmisano Christoher N and Palmisano Kristen G
Seller's Agent
Allen Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Kylie Mccollough
Mott & Chace Sotheby's Intl.
List Price
$1,099,000
Sold Price
$1,225,000
Premium/Discount to List
$126,000
11.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.47%
Original Mortgage
$1,109,915
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2019
Sold by
Lecomte Jennifer A
Bought by
Milone Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 19, 2004
Sold by
Rittner Joan
Bought by
Lecomte Jennifer and Milone Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Frost James $2,300,000 None Available
Frost James $2,300,000 None Available
Palmisano Christoher N $1,225,000 None Available
Milone Matthew C -- --
Milone Matthew C -- --
Lecomte Jennifer $480,000 --
Lecomte Jennifer $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frost James $1,499,950
Closed Frost James $500,000
Closed Frost James $1,499,950
Previous Owner Palmisano Christoher N $1,109,915
Previous Owner Milone Matthew C $850,000
Previous Owner Lecomte Jennifer $417,000
Previous Owner Lecomte Jennifer $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $2,300,000 -7.8% $325 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $2,495,000 +103.7% $353 / Sq Ft
12/16/2019 12/16/19 Sold $1,225,000 +11.5% $256 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $1,099,000 -- $230 / 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 $16,739 $1,167,300 $250,900 $916,400
2023 $16,739 $1,167,300 $250,900 $916,400
2022 $16,294 $1,158,900 $250,900 $908,000
2021 $17,087 $976,400 $165,600 $810,800
2020 $16,687 $976,400 $165,600 $810,800
2019 $16,680 $976,000 $165,600 $810,400
2018 $15,225 $802,600 $159,400 $643,200
2017 $14,920 $802,600 $159,400 $643,200
2016 $14,495 $802,600 $159,400 $643,200
2015 $14,448 $748,600 $159,400 $589,200
2014 $14,156 $748,600 $159,400 $589,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1351451

State-Wide MLS

APN: NKIN-000164-000052