NOT LISTED FOR SALE

59 Meadowrue Trail Saunderstown, RI 02874

Estimated Value: $429,000 - $727,000

4 Beds
1 Bath
1,706 Sq Ft
$348/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $235,000 $138 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,421/month

111 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Deck
  • Recreation Facilities

About This Home

As of August 2020

Great opportunity in Pettaquamscutt Lake Shores. This 4 bedroom Cape sits on one of the biggest lots in the neighborhood. The first floor features three bedrooms, living room, laundry room, full bath, eat-in-kitchen with slider out to back deck. The second floor features a bedroom and an office. Great rehab opportunity for someone looking for a year round home, summer home or investment property! Walking distance to the neighborhood association's private beach, boat launch, kayak rack and clubhouse. Cash or rehab financing only. Easy Show!

Last Agent to Sell the Property

Adam Wilks

Keller Williams Coastal License #RES.0040975 Listed on: 04/08/2020

Keller Williams Coastal

Last Buyer's Agent

Jon Biliouris

Next Move Realty Inc License #REC.0017168

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1958

Lot Details

  • 0.41 Acre Lot

Parking

  • 2 Car Garage
  • No Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,706 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 211
  • Assessor Parcel Number 59MEADOWRUETRLNARR

Community Details

Overview

  • Pettaquamscutt Lake Shores Subdivision

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,937

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4132
  • Subdivision Name: Pettaquamscutt Lake Shores
  • Above Grade Finished Sq Ft: 1706.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1958
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Living Area: 1706.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17999.0
  • Parcel #: 59MEADOWRUETRLNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2937.0
  • Tax Lot: 211
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Aug 27, 2020
Sold by
Parks Lauren M
Bought by
Fazio Paul and Breting Nicole
Seller's Agent
Adam Wilks
Keller Williams Coastal
Buyer's Agent
Jon Biliouris
Next Move Realty Inc
List Price
$290,000
Sold Price
$235,000
Premium/Discount to List
-$55,000
-18.97%
Current Estimated Value
$594,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,397
Avg. Annual Appreciation
19.83%
Original Mortgage
$323,438
Outstanding Balance
$287,030
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$307,367

Purchase Details

Closed on
Jun 28, 2019
Sold by
Narragansett Town Of
Bought by
Reservoir Adventures Llc

Purchase Details

Closed on
Jun 20, 2018
Sold by
Parks Lauren R
Bought by
Roosevelt Assoc

Purchase Details

Closed on
Dec 28, 1994
Sold by
Parks Robert E and Parks Margaret
Bought by
Parks Robert E and Parks Lauren
Source: Public Records

Range of Values:

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Average Value
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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
Fazio Paul $235,000 None Available
Reservoir Adventures Llc $1,378 --
Roosevelt Assoc $3,890 --
Parks Robert E $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fazio Paul $323,438
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $235,000 -19.0% $138 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $290,000 -- $170 / 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 $3,245 $495,400 $225,300 $270,100
2023 $3,222 $346,100 $160,900 $185,200
2022 $3,115 $346,100 $160,900 $185,200
2021 $2,761 $311,600 $160,900 $150,700
2020 $3,009 $287,100 $109,600 $177,500
2019 $2,937 $287,100 $109,600 $177,500
2018 $2,857 $287,100 $109,600 $177,500
2017 $2,760 $261,400 $113,700 $147,700
2016 $2,635 $261,400 $113,700 $147,700
2015 $2,598 $261,400 $113,700 $147,700
2014 $2,564 $255,400 $107,700 $147,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1250778

State-Wide MLS

APN: NARR-000211-000000-000000NF