NOT LISTED FOR SALE

7 Kempton Place Little Compton, RI 02837

Estimated Value: $5,307,000 - $6,094,000

7 Beds
3.5 Baths
3,962 Sq Ft
$1,441/Sq Ft Est. Value

Last Sold March 01, 2014

Last sale price $2,750,000 $694 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $32,177/month

116 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Wilbur & McMahon School Rated A-
  • Golf Course Community
  • Deck

About This Home

As of March 2014

*Southwinds* Spectacular oceanfront setting on private point w/unparalleled views of Atlantic Ocean,Elizabeth Islands, Sakonnet Pt Lighthouse.Classic 1905 summer compound with 7 beds 3.5 baths and large covered wraparound porch.Breathtaking sunsets.

Last Agent to Sell the Property

Judith Chace

Mott & Chace Sotheby's Intl. License #REC.0016122 Listed on: 10/05/2013

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Judith Chace

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,075

Year Built

  • Built in 1905

Lot Details

  • 0.59 Acre Lot
  • Beach Front

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,962 Sq Ft Home
  • 3-Story Property
  • 5 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 7KEMPTONPLLCOM

Community Details

Overview

  • Oceanfront Warren's Pt Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,075

Year Built

Built in 1905

Lot Details

0

HOA Fees

$18 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Subdivision Name: OCEANFRONT WARREN'S PT
  • Above Grade Finished Sq Ft: 3962.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1905
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Masonry
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic, Storage, Cable TV
  • Living Area: 3962.0
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Patio
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 11.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, None
  • Heating Yn: No
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 220.0
  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 25700.0
  • Parcel #: 7KEMPTONPLLCOM
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 10075.0
  • Tax Lot: 49
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2013
Closed on
Feb 28, 2014
Sold by
Jane A Cerilli Irt
Bought by
Garnett Steven and Garnett Rochelle
Seller's Agent
Judith Chace
Mott & Chace Sotheby's Intl.
Buyer's Agent
Judith Chace
Residential Properties Ltd.
List Price
$2,995,000
Sold Price
$2,750,000
Premium/Discount to List
-$245,000
-8.18%
Current Estimated Value
$5,708,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,958,834
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Feb 16, 2012
Sold by
Arnold 3Rd Samuel T
Bought by
Arnold Cherry S and Arnold Timothy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garnett Steven $2,750,000 --
Garnett Steven $2,750,000 --
Arnold Cherry S $110,000 --
Arnold Cherry S $110,000 --
Garnett Steven $2,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Cherry S $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2014 03/01/14 Sold $2,750,000 -8.2% $694 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
10/05/2013 10/05/13 For Sale $2,995,000 -- $756 / 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
2025 $25,563 $5,336,700 $3,545,500 $1,791,200
2024 $20,425 $4,020,700 $2,466,000 $1,554,700
2023 $19,943 $4,020,700 $2,466,000 $1,554,700
2022 $19,701 $4,020,700 $2,466,000 $1,554,700
2021 $21,385 $3,540,500 $2,072,700 $1,467,800
2020 $21,208 $3,540,500 $2,072,700 $1,467,800
2019 $20,995 $3,540,500 $2,072,700 $1,467,800
2018 $21,279 $3,570,300 $2,072,700 $1,497,600
2016 $15,277 $2,694,400 $2,072,700 $621,700
2015 $10,767 $1,872,600 $1,421,600 $451,000
2014 $10,561 $1,872,600 $1,421,600 $451,000
Source: Public Records

Agents Affiliated with this Home

  • Judith Chace

    Seller's Agent in 2014

    Judith Chace

    Mott & Chace Sotheby's Intl.

    (401) 207-9166

    1 in this area

    11 Total Sales

    Judith Chace
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Map

Source: State-Wide MLS

MLS Number: 1052720

State-Wide MLS

APN: LCOM-000011-000000-000049

Rhode Island Newport County Little Compton 02837

7 Kempton Place, Little Compton, RI

Not Listed for Sale

Detached

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