NOT LISTED FOR SALE

59 Butts Rock Rd Little Compton, RI 02837

Estimated Value: $1,321,000 - $2,388,421

1.3 Acres
$1,547,196 Price per Acre
56,628 Sq Ft Lot

Last Sold May 17, 2021

Last sale price $750,000

Est. 168% increase in value since last sale

Current estimated payment $11,292/month

56 Days on Market

Highlights

  • Marina
  • Water Views
  • Corner Lot
  • Wilbur & McMahon School Rated A-
  • Beach Access
  • Tennis Courts

About This Lot

As of May 2021

This beautiful lot, maintained as a meadow, gently slopes from its highest point on the western border to Butts Rock Road. Enjoy spectacular ocean views one of the highest sites on the Point. Soil engineering schedule to be completed. Prime building site with ocean access. Buyer to pay LCACT at the closing.

Last Agent to Sell the Property

Deborah Ladd

Compass License #REB.0011353 Listed on: 02/20/2021

Compass

Last Buyer's Agent

Renee Welchman

Compass License #REB.0018840

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,950

Lot Details

  • 1.3 Acre Lot
  • Corner Lot
  • Lot Has A Rolling Slope

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Water Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 59BUTTSROCKRDLCOM

Community Details

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Beach Access
  • Water Access
  • Walking Distance to Water

Additional Features

  • Chase Point Subdivision
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$3,950

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 1.3
  • Road Surface Type: Asphalt
  • Subdivision Name: Chase Point
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Lot Features: Corner Lot, Rolling Slope
  • Topography: Cleared,Rolling
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water

Utilities

  • Utilities: Cable Available, Phone Available, Underground Utilities, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 56437.0
  • Parcel #: 59BUTTSROCKRDLCOM
  • Zoning Description: Residential
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3950.0
  • Tax Lot: 78
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2021
Closed on
May 14, 2021
Sold by
Genevieve A Minkin Lt and Minkin
Bought by
Herman Mark C and Herman Marian K
Seller's Agent
Deborah Ladd
Compass
Buyer's Agent
Renee Welchman
Compass
List Price
$79
Sold Price
$750,000
Premium/Discount to List
$749,921
949267.09%
Current Estimated Value
$2,011,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,261,355
Avg. Annual Appreciation
25.22%
Original Mortgage
$548,250
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Herman Mark C $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Mark C $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $750,000 +949267.1% --
04/17/2021 04/17/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $79 -- --
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 $7,531 $1,482,400 $705,600 $776,800
2023 $3,892 $784,700 $705,600 $79,100
2022 $3,457 $705,600 $705,600 $0
2021 $3,983 $659,400 $659,400 $0
2020 $3,950 $659,400 $659,400 $0
2019 $3,910 $659,400 $659,400 $0
2018 $3,930 $659,400 $659,400 $0
2016 $3,739 $659,400 $659,400 $0
2015 $3,202 $556,900 $556,900 $0
2014 $3,141 $556,900 $556,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Ladd

    Seller's Agent in 2021

    Deborah Ladd

    Compass

    (508) 493-5551

    23 in this area

    32 Total Sales

    Deborah Ladd
    Section Image
  • Renee Welchman

    Buyer's Agent in 2021

    Renee Welchman

    Compass

    (401) 649-1915

    39 in this area

    86 Total Sales

    Renee Welchman
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1275884

State-Wide MLS

APN: LCOM-000033-000000-000078

Rhode Island Newport County Little Compton 02837

59 Butts Rock Rd, Little Compton, RI

This home is located at 59 Butts Rock Rd, Little Compton, RI 02837 since 20 February 2021 and is currently estimated at $2,011,355. 59 Butts Rock Rd is a home located in Newport County with nearby schools including Wilbur & McMahon School.

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