$1,725,000
SOLD JAN 27, 2025
4 Beds
4 Baths
3,523 Sq Ft
2.67 Acres

Recently Sold

$490 Per Sq Ft

7% Below List Price

244 Days on Market

Highlights

  • Marina
  • Beach Access
  • Spa
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • Deck

About This Home

As of January 2025

"Morning Glory" is a gem of a property! With its light-filled contemporary design and serene 2 1/2-acre setting, it's a perfect blend of modern charm and natural beauty. The open floor plan, vaulted ceilings, and double-sided brick fireplace make it a cozy and inviting space for entertaining or just relaxing. The east-facing sunroom is a great spot to savor your morning coffee and take in the beautiful sunrises over Cranston Cove and Narragansett Bay. Plus, the private access to the second-floor guest wing and the loft-style hallway leading to the primary bedroom & bath ensure that everyone has their own space to unwind. Outside, the vast lawn, gardens, and tranquil woodlands offer a peaceful retreat with deeded water access to Cranston Cove for swimming, kayaking, possible mooring, and more. It's the perfect place to enjoy nature and outdoor activities.

Last Agent to Sell the Property

Bob Bailey

Lila Delman Compass License #RES.0027739 Listed on: 03/13/2024

Last Buyer's Agent

Kira Greene

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,756

Year Built

  • Built in 1990

Lot Details

  • 2.67 Acre Lot
  • Electric Fence
  • Property is zoned RR80

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3,523 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Spa
  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Underground Utilities
  • 220 Volts
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 67WRIGHTLANEJAME

Community Details

Overview

  • East Shore Rd / Cranston Cove Area Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,756

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.67
  • Subdivision Name: East Shore Rd / Cranston Cove area
  • Above Grade Finished Sq Ft: 3523.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Cedar Closet(s), Cathedral Ceiling(s), High Ceilings, Storage, Skylights, Tub Shower, Vaulted Ceiling(s), Central Vacuum, Jetted Tub, Cable TV
  • Living Area: 3523.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Electric
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Security: Security System Owned
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Underground, 220 Volts
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Private, Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 116305.0
  • Parcel #: 67WRIGHTLANEJAME
  • Zoning: RR80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6755.7
  • Tax Lot: 113
  • Tax Map Number: 4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Jan 27, 2025
Sold by
Stephen P Lepre T P and Stephen Lepre
Bought by
Jnan Llc
Seller's Agent
Bob Bailey
Lila Delman Compass
Buyer's Agent
Kira Greene
List Price
$1,850,000
Sold Price
$1,725,000
Premium/Discount to List
-$125,000
-6.76%
Views
101
Current Estimated Value
$1,886,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,734
Avg. Annual Appreciation
19.50%
Original Mortgage
$1,100,000
Outstanding Balance
$1,096,067
Interest Rate
6.6%
Mortgage Type
Commercial
Estimated Equity
$796,405

Purchase Details

Closed on
Jan 20, 2017
Sold by
Lepre Stephen P
Bought by
Stephen P Lepre T

Purchase Details

Closed on
May 28, 1993
Sold by
Gladding Frank N and Gladding Martha
Bought by
Lepre Stephen P and Lepre Marie
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,725,000 None Available
Deed $1,725,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $405,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 Commercial
Closed $1,100,000 Commercial
Previous Owner $290,000 Adjustable Rate Mortgage/ARM
Previous Owner $175,000 Unknown
Previous Owner $475,000 No Value Available
Previous Owner $424,000 No Value Available
Previous Owner $425,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $1,725,000 -4.2% $490 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $1,800,000 -2.7% $511 / Sq Ft
03/13/2024 03/13/24 For Sale $1,850,000 -- $525 / 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 $6,804 $949,000 $397,100 $551,900
2023 $6,736 $965,000 $397,100 $567,900
2022 $6,552 $965,000 $397,100 $567,900
2021 $8,072 $974,900 $381,500 $593,400
2020 $7,867 $974,900 $381,500 $593,400
2019 $7,848 $974,900 $381,500 $593,400
2018 $7,570 $855,400 $349,000 $506,400
2017 $7,408 $855,400 $349,000 $506,400
2016 $7,339 $855,400 $349,000 $506,400
2015 $7,471 $850,900 $396,600 $454,300
2014 $7,445 $850,900 $396,600 $454,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1354521

State-Wide MLS

APN: JAME-000004-000000-000113