NOT LISTED FOR SALE

Estimated Value: $326,000 - $4,109,492

2 Beds
1 Bath
640 Sq Ft
$3,465/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $172,000 $269 Per Sq Ft

Est. 1,189% increase in value since last sale

Current estimated payment $14,120/month

4 Days on Market

Highlights

  • Water Views
  • Deck
  • Cottage
  • Water Access
  • Plywood Flooring
  • Cul-De-Sac

About This Home

As of November 2022

*UPDATE* Highest & Best offer due Friday, September 2nd at Noon, please. 2 Bed, 1 Bath 640 SF Cottage in Cole Farm Association development. Views of Narragansett Bay from your living room. Walk to water! Deeded Dock & Beach Access. Property is on leased land, see attached By-Laws, Land Lease & Association Regulations. Seller never occupied, being sold "as-is". No Disclosures. Lots of potential here!

Last Agent to Sell the Property

John Chester

Peter M. Scotti & Assoc.,Inc. License #CRA.0030046 Listed on: 08/29/2022

Last Buyer's Agent

Joseph Caprara

HomeSmart Professionals License #RES.0034854

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 1985

Lot Details

  • Cul-De-Sac
  • Land Lease

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Cottage
  • Fixer Upper
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Plywood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • Cole Farm Subdivision

Listing and Financial Details

  • Tax Lot 136/9122
  • Assessor Parcel Number 600#A22COLEFARMRDWARW

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,845

Year Built

Built in 1985

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: No Disclosures. Seller never occupied. Sold "As-Is"
  • Subdivision Name: Cole Farm
  • Above Grade Finished Sq Ft: 640.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Plywood, Vinyl
  • Interior Amenities: Bathtub
  • Living Area: 640.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Unknown
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1600.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: Yes
  • Parcel #: 600#A22COLEFARMRDWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3845.0
  • Tax Lot: 136/9122
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Oct 27, 2022
Sold by
Mcgarry Matthew F and Mcgarry Jean R
Bought by
Silva Stephen
Seller's Agent
John Chester
Peter M. Scotti & Assoc.,Inc.
Buyer's Agent
Joseph Caprara
HomeSmart Professionals
List Price
$165,000
Sold Price
$172,000
Premium/Discount to List
$7,000
4.24%
Views
178
Current Estimated Value
$2,217,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,045,746
Avg. Annual Appreciation
142.36%

Purchase Details

Listed on
Mar 1, 2012
Closed on
May 15, 2012
Sold by
Riley Richard T
Bought by
Bean Laura L and Bean Kevin M
Seller's Agent
Lucy Heelon
RE/MAX Real Estate Center
Buyer's Agent
Lucy Heelon
RE/MAX Real Estate Center
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Jul 14, 2006
Sold by
Topp Edna
Bought by
Underwood Michael and Forand Lisa

Purchase Details

Closed on
Jun 9, 2006
Sold by
Stewart Dorothy A
Bought by
Petruccillo Amy E

Purchase Details

Closed on
Jun 15, 2005
Sold by
Curcio Kerri E
Bought by
Cersosimo Michael J

Purchase Details

Closed on
Apr 7, 2005
Sold by
Karcher Mary
Bought by
Messier Barbara J

Purchase Details

Closed on
Feb 9, 2005
Sold by
Macaruso Gloria
Bought by
Abatiello Anthony 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
Silva Stephen $30,000 None Available
Bean Laura L -- --
Underwood Michael $85,000 --
Petruccillo Amy E $149,900 --
Cersosimo Michael J $110,000 --
Messier Barbara J $150,000 --
Abatiello Anthony L $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stjacques Robert $126,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $172,000 +4.2% $269 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $165,000 -73.4% $258 / Sq Ft
06/23/2022 06/23/22 Sold $620,000 -3.0% $365 / Sq Ft
04/09/2022 04/09/22 For Sale $639,000 0.0% $376 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $639,000 +572.6% $376 / Sq Ft
02/02/2022 02/02/22 Sold $95,000 -24.0% $145 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
11/09/2021 11/09/21 For Sale $125,000 -71.6% $190 / Sq Ft
09/10/2021 09/10/21 Sold $439,900 +114.6% $238 / Sq Ft
09/10/2021 09/10/21 Sold $205,000 +2.6% $285 / Sq Ft
08/13/2021 08/13/21 For Sale $199,900 -54.6% $278 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $439,900 +388.8% $238 / Sq Ft
04/09/2021 04/09/21 Sold $90,000 -24.9% $64 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $119,900 -4.1% $85 / Sq Ft
09/16/2020 09/16/20 Sold $125,000 -16.7% $121 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $150,000 +38.9% $145 / Sq Ft
01/06/2020 01/06/20 Sold $108,000 -6.1% $176 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $115,000 -11.5% $187 / Sq Ft
12/07/2017 12/07/17 Sold $130,000 -3.6% $214 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $134,900 -62.5% $222 / Sq Ft
09/15/2017 09/15/17 Sold $360,000 -14.3% $159 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $419,900 +707.5% $185 / Sq Ft
11/18/2016 11/18/16 Sold $52,000 -61.5% $74 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
08/29/2016 08/29/16 Sold $135,000 +125.4% $154 / Sq Ft
07/30/2016 07/30/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $59,900 -67.5% $85 / Sq Ft
04/23/2016 04/23/16 For Sale $184,500 +117.1% $210 / Sq Ft
11/06/2015 11/06/15 Sold $85,000 -60.5% $148 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
09/09/2015 09/09/15 Sold $215,000 +65.5% $207 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $129,900 +116.5% $226 / Sq Ft
07/30/2015 07/30/15 Sold $60,000 -73.3% $26 / Sq Ft
06/30/2015 06/30/15 For Sale $225,000 +200.0% $217 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $75,000 -38.0% $33 / Sq Ft
05/27/2014 05/27/14 Sold $121,000 -6.6% $135 / Sq Ft
04/27/2014 04/27/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $129,500 +62.1% $145 / Sq Ft
09/16/2013 09/16/13 Sold $79,900 +14.1% $118 / Sq Ft
08/17/2013 08/17/13 Pending -- -- --
08/02/2013 08/02/13 Sold $70,000 -12.4% $86 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $79,900 0.0% $98 / Sq Ft
06/11/2013 06/11/13 For Sale $79,900 -36.1% $118 / Sq Ft
09/26/2012 09/26/12 Sold $125,000 -37.3% $97 / Sq Ft
09/07/2012 09/07/12 Sold $199,500 -13.2% $167 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
08/08/2012 08/08/12 Pending -- -- --
07/04/2012 07/04/12 For Sale $229,900 +84.1% $193 / Sq Ft
06/12/2012 06/12/12 For Sale $124,900 +46.9% $97 / Sq Ft
05/14/2012 05/14/12 Sold $85,000 -4.5% $112 / Sq Ft
04/14/2012 04/14/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $89,000 -- $117 / 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 $113,396 $4,478,500 $4,334,800 $143,700
2023 $111,201 $4,478,500 $4,334,800 $143,700
2022 $114,033 $4,058,100 $3,914,400 $143,700
2021 $114,033 $4,058,100 $3,914,400 $143,700
2020 $114,033 $4,058,100 $3,914,400 $143,700
2019 $114,033 $4,058,100 $3,914,400 $143,700
2018 $107,437 $3,444,600 $3,326,800 $117,800
2017 $0 $3,444,600 $3,326,800 $117,800
2016 $88,048 $3,444,600 $3,326,800 $117,800
2015 $88,048 $4,243,300 $4,130,700 $112,600
2014 $85,121 $4,243,300 $4,130,700 $112,600
2013 $83,975 $4,243,300 $4,130,700 $112,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1318705

State-Wide MLS

APN: WARW-000315-000136-000000