NOT LISTED FOR SALE

Estimated Value: $1,082,000 - $1,213,000

3 Beds
2 Baths
1,086 Sq Ft
$1,061/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $1,100,000 $1,013 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,731/month

14 Days on Market

Highlights

  • Marina
  • Marina View
  • Waterfront
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • 2-minute walk to Jamestown Veterans Park

About This Home

As of November 2023

REMODELED, EXPANDED, & AVAILABLE FOR THE 1ST TIME IN 40+ YRS. It's rare a water view home, close to the Pier and all the shops/restaurants/bars on Narragansett Ave becomes available. You can find homes that are close and there's always something missing. Maybe there's no water view and you'll miss the sailboats tacking sharply through foamy whitecaps on Newport Harbor. Maybe they need TLC or the interiors bring you back 40-50 yrs. Regardless of what's stopped you before, now is your opportunity. Location: Perfect. Finishes: Luxurious. Beach/Pier: Wicked Close. Whether you're looking for a year round home, a wknd getaway, or a perfect rental your search is over. At 1086sf it's the perfect size! Don't waste your wknds w/ yardwork. Besides, you'll be so close to everything you won't want to hang out inside unless you just hate having fun. An opportunity like this only comes up once in a lifetime... and once it's gone, it's gone. Don't add this home to your list of life's regrets.

Last Agent to Sell the Property

Ryan Cook

HomeSmart First Class Realty Listed on: 09/30/2023

HomeSmart First Class Realty

Last Buyer's Agent

Ryan Cook

HomeSmart First Class Realty Listed on: 09/30/2023

HomeSmart First Class Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,845

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 4,347 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Fenced Yard
  • Fenced
  • Level Lot
  • Property is zoned R20

Property Views

  • Marina
  • Harbor
  • Scenic Vista

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,086 Sq Ft Home
  • Open Floorplan
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Walking Distance to Water
  • Mooring
  • Outdoor Storage
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Propane
  • 110 Volts
  • 100 Amp Service
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 624
  • Assessor Parcel Number M:8 L:624,446634

Community Details

Overview

  • No Home Owners Association
  • Village Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,845

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1940
  • Buyer Agency: 2.25%
  • Buyer Agency Type: %
  • Subdivision Name: Village
  • Transaction Broker: 1.0%
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Interior Amenities: Finish - Sheetrock, Internet Available - Broadband
  • Door Features: Insulated Doors
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Main,First
  • Room Bedroom2 Features: Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Vinyl, Cable Hookup, Remodeled, Lighting - Overhead, Closet - Double
  • Room Bedroom3 Features: Vaulted Ceiling(s), Closet, Flooring - Vinyl, Cable Hookup, Remodeled, Lighting - Overhead, Closet - Double
  • Room Bedroom3 Level: Main,First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Vinyl, Cable Hookup, Remodeled, Closet - Double
  • Room Master Bedroom Level: Main,First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled
  • Bathroom 1 Level: Main,First
  • Bathroom 2 Level: Main,First
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Remodeled
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead
  • Laundry Features: Flooring - Stone/Ceramic Tile, Main Level, Electric Dryer Hookup, Remodeled, Washer Hookup, Lighting - Overhead, First Floor
  • Room Living Room Level: Main,First
  • Room Living Room Features: Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Vinyl, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead
  • Basement: Full, Interior Entry, Sump Pump, Concrete, Unfinished
  • Accessibility Features: No
  • Living Area: 1086
  • Spa YN: No
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN5549
  • LIST PRICE PER Sq Ft: 1197.05
  • PRICE PER Sq Ft: 1012.89
  • MAIN SO: AN5549
  • Insulation: Full

Exterior Features

  • Exterior Features: Porch, Rain Gutters, Storage, Screens, Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter, Block
  • Frontage Length: 75
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Harbor, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:8 L:624,446634
  • Zoning: R20
  • Farm Land Area Units: Square Feet
  • Lot Features: Flood Plain, Level
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4347
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 195
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4845
  • Tax Book Number: 131
  • Tax Lot: 624
  • Tax Map Number: 8

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Dock/Mooring, Harbor, Marina, Public, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Nov 22, 2023
Sold by
Hollis Paulette
Bought by
Musco Paul S and Musco Lisa M
Seller's Agent
Ryan Cook
HomeSmart First Class Realty
Buyer's Agent
Ryan Cook
HomeSmart First Class Realty
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%
Views
73
Current Estimated Value
$1,152,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,141
Avg. Annual Appreciation
1.31%
Original Mortgage
$825,000
Outstanding Balance
$814,869
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,898

Purchase Details

Listed on
Sep 30, 2023
Closed on
Nov 17, 2023
Sold by
Hollis Paulette and Rei Shannie L
Bought by
Hollis Paulette
Seller's Agent
Ryan Cook
HomeSmart First Class Realty
Buyer's Agent
Ryan Cook
HomeSmart First Class Realty
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$814,869
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,898

Purchase Details

Closed on
Jul 29, 2020
Sold by
Hollis Paulette
Bought by
Hollis Paulette and Rei Shannie L
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
Musco Paul S $1,100,000 None Available
Hollis Paulette -- None Available
Hollis Paulette -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musco Paul S $825,000
Previous Owner Hollis Paulette $305,000
Previous Owner Hollis Paulette $306,000
Previous Owner Hollis Pulette $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $1,100,000 -15.4% $1,013 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
09/30/2023 09/30/23 For Sale $1,300,000 -- $1,197 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,081 $708,700 $349,400 $359,300
2023 $4,980 $713,500 $349,400 $364,100
2022 $4,845 $713,500 $349,400 $364,100
2021 $2,978 $359,700 $196,400 $163,300
2020 $2,903 $359,700 $196,400 $163,300
2019 $2,219 $275,600 $184,800 $90,800
2018 $2,064 $233,200 $149,200 $84,000
2017 $2,048 $236,500 $149,200 $87,300
2016 $2,029 $236,500 $149,200 $87,300
2015 $1,673 $190,600 $128,900 $61,700
2014 $1,668 $190,600 $128,900 $61,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73165321

MLS Property Information Network (MLS PIN)

APN: JAME-000008-000000-000624