NOT LISTED FOR SALE

5740 Post Rd Unit C Charlestown, RI 02813

Charlestown Neighborhood

Estimated Value: $3,430,000 - $4,579,000

6 Acres
$672,909 Price per Acre
252,648 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $650,000 $110 Per Sq Ft

Est. 500% increase in value since last sale

Current estimated payment $23,271/month

213 Days on Market

Highlights

  • Marina
  • Beach Access
  • 5.8 Acre Lot
  • Water Views
  • Golf Course Community
  • Private Lot

About This Lot

As of October 2021

5 ACRE LOT WITH SPECTACULAR VIEWS OF QUONOCHONTAUG POND & BLOCK ISLAND SOUND SITUATED IN PRIVATE DEVELOPMENT AT OCEAN FARM. UPDATED 3 BEDROOM SEPTIC SYSTEM DESIGN WITH ALL ENGINEERING IN PLACE AND DEM APPROVAL. PRIVATE DRIVE WITH COBBLESTONE ENTRY INTO 3 LOT DEVELOPMENT. ENJOY PRIVACY, DEEDED ACCESS THROUGH CONSERVATION LAND AND ACCESS TO QUONOCHONTAUG POND & OCEAN THROUGH OCEAN FARM ASSOCIATION.BUILD YOUR DREAM HOME OR VACATION GET AWAY ON THIS BEAUTIFUL LOT. THIS IS THE LAST LOT LEFT IN DEVELOPMENT.

Last Listed By

David Carty

CARTY REALTY License #REB.0016121 Listed on: 02/13/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,719

Year Built

  • 2001

Lot Details

  • 5.8 Acre Lot
  • Property fronts a private road
  • Private Lot
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Finished Lot(s)
  • Property is zoned R3A

Parking

  • Driveway

Utilities

  • Underground Utilities
  • Private Water Source
  • Well
  • Fiber Optics Available
  • Cable TV Available

Additional Features

  • Water Views
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number 5740POSTRDCHAR

Community Details

Overview

  • Quonochontaug Pond Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$3,719

Year Built

2001

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 5.8
  • Road Frontage Type: Private Road
  • Subdivision Name: QUONOCHONTAUG POND
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0
  • Year Built: 2001

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Corner Lot, Private, Secluded, Level, Wooded, Wetlands
  • Topography: Level
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Exterior Features: Paved Driveway

Utilities

  • Utilities: Cable Available, Electricity Available, Fiber Optic Available, Underground Utilities
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 252648.0
  • Wooded Area: 20.0
  • Parcel #: 5740POSTRDCHAR
  • Zoning Description: Residential
  • Zoning: R3A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3719.0
  • Tax Lot: 154
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
Oct 14, 2016
Sold by
Mcginley Elisabeth J
Bought by
Ocean Farms 1 Llc
Seller's Agent
Patrice Fenton
Compass / Lila Delman Compass
Buyer's Agent
David Carty
CARTY REALTY
List Price
$3,999,000
Sold Price
$3,240,000
Premium/Discount to List
-$759,000
-18.98%
Total Days on Market
213
Current Estimated Value
$3,902,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,872
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Feb 29, 2012
Sold by
Urso Elisabeth and Urso Philip J
Bought by
Urso Elisabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.88%

Purchase Details

Closed on
Jun 5, 2000
Sold by
Wings Fin Marketing
Bought by
Urso Philip J and Urso Elisabet

Range of Values:

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Average Value
Not Available
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
Ocean Farms 1 Llc $2,340,000 --
Ocean Farms 1 Llc $2,340,000 --
Urso Elisabeth -- --
Urso Elisabeth -- --
Urso Elisabeth -- --
Urso Philip J $283,000 --
Urso Philip J $283,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urso Philip J $1,100,000
Previous Owner Urso Philip J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $650,000 -13.3% $110 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $750,000 -76.9% $127 / Sq Ft
10/14/2016 10/14/16 Sold $3,240,000 -19.0% $538 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $3,999,000 -- $664 / 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 $19,594 $3,390,000 $1,314,600 $2,075,400
2023 $19,459 $3,390,000 $1,314,600 $2,075,400
2022 $20,756 $2,540,500 $889,000 $1,651,500
2021 $20,781 $2,540,500 $889,000 $1,651,500
2020 $20,908 $2,540,500 $889,000 $1,651,500
2019 $21,709 $2,352,000 $889,000 $1,463,000
2018 $22,673 $2,352,000 $889,000 $1,463,000
2017 $22,556 $2,352,000 $889,000 $1,463,000
2016 $25,158 $2,464,100 $850,900 $1,613,200
2015 $24,912 $2,464,100 $850,900 $1,613,200
2014 $24,395 $2,464,100 $850,900 $1,613,200
Source: Public Records

Agents Affiliated with this Home

  • David Carty

    Seller's Agent in 2021

    David Carty

    CARTY REALTY

    (401) 792-3815

    2 in this area

    81 Total Sales

    David Carty
    Section Image
  • Patrice Fenton

    Seller's Agent in 2016

    Patrice Fenton

    Compass / Lila Delman Compass

    (401) 212-6166

    30 in this area

    58 Total Sales

    Patrice Fenton
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1275326

State-Wide MLS

APN: CHAR-000003-000000-000152

Rhode Island Washington County Charlestown 02813 Charlestown

5740 Post Rd Unit C, Charlestown, RI

Homes for Sale in Charlestown, RI

This home is located at 5740 Post Rd Unit C, Charlestown, RI 02813 since 13 February 2021 and is currently estimated at $3,902,872, approximately $659 per square foot. This property was built in 2001. 5740 Post Rd Unit C is a home located in Washington County with nearby schools including Chariho Regional Middle School and Chariho High School.

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