NOT LISTED FOR SALE

7 Minnesota Rd Little Compton, RI 02837

Estimated Value: $2,689,000 - $3,068,888

4 Beds
3 Baths
2,741 Sq Ft
$1,065/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $2,150,000 $784 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $16,724/month

10 Days on Market

Highlights

  • Marina
  • Water Views
  • Under Construction
  • Wilbur & McMahon School Rated A-
  • Golf Course Community
  • Deck

About This Home

As of June 2021

Located in the heart of Sakonnet Point with incredible views of the ocean, Sakonnet Harbor and yacht club. An amazing opportunity to own a 4 bed, 3 full bath home that has undergone an extensive, top quality renovation with minimal work to be completed. New features include a laundry/mud room, custom cabinetry, built-ins, gourmet kitchen, large dinning and living area with original floor to ceiling stone fire place and porch. The second floor has an additional entertaining space with wet bar and sliding glass doors out to a magnificent deck for watching sunrises and sunsets over the Sakonnet Harbor. A little slice of paradise! Updated septic, plumbed, wired and winterized. Additional photos and an itemized list to be completed are available upon request.

Last Agent to Sell the Property

Rebecca Rubin

Compass License #RES.0040439 Listed on: 05/20/2021

Compass

Last Buyer's Agent

Brad Thelin

RE/MAX Vantage License #RES.0042715

RE/MAX Vantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,497

Year Built

  • Built in 1920 | Under Construction

Lot Details

  • 0.33 Acre Lot

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,741 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Skylights
  • Stone Fireplace
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Utilities

  • Central Air
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 7MINNESOTARDLCOM

Community Details

Overview

  • Sakonnet Point Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,497

Year Built

Built in 1920 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Subdivision Name: Sakonnet Point
  • Above Grade Finished Sq Ft: 2741.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Wet Bar, Skylights, Tub Shower
  • Living Area: 2741.0
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Under Construction

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14375.0
  • Parcel #: 7MINNESOTARDLCOM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9497.0
  • Tax Lot: 80
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 28, 2021
Sold by
Brown James P and Brown Kendall
Bought by
Jacques-Soto Claudia and Soto Antonio
Seller's Agent
Rebecca Rubin
Compass
Buyer's Agent
Brad Thelin
RE/MAX Vantage
List Price
$2,200,000
Sold Price
$2,150,000
Premium/Discount to List
-$50,000
-2.27%
Current Estimated Value
$2,919,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,222
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Mar 11, 2019
Sold by
Brown James P
Bought by
Brown James P and Brown Kendall

Purchase Details

Closed on
Mar 27, 2002
Sold by
Fleet National Bank
Bought by
Windward & Leeward Llc
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
Jacques-Soto Claudia $2,150,000 None Available
Jacques-Soto Claudia $2,150,000 None Available
Brown James P -- --
Brown James P -- --
Windward & Leeward Llc $750,000 --
Windward & Leeward Llc $750,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $2,150,000 -2.3% $784 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $2,200,000 -- $803 / 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 $9,819 $1,932,900 $1,099,800 $833,100
2023 $9,587 $1,932,900 $1,099,800 $833,100
2022 $9,436 $1,925,700 $1,099,800 $825,900
2021 $9,576 $1,585,500 $820,100 $765,400
2020 $9,497 $1,585,500 $820,100 $765,400
2019 $4,863 $820,100 $820,100 $0
2018 $5,742 $963,500 $820,100 $143,400
2016 $5,463 $963,500 $820,100 $143,400
2015 $5,468 $951,000 $807,600 $143,400
2014 $5,364 $951,000 $807,600 $143,400
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Rubin

    Seller's Agent in 2021

    Rebecca Rubin

    Compass

    (401) 481-1500

    4 in this area

    47 Total Sales

    Rebecca Rubin
    Section Image
  • Brad Thelin

    Buyer's Agent in 2021

    Brad Thelin

    RE/MAX Vantage

    (508) 817-1665

    1 in this area

    120 Total Sales

    Brad Thelin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1283269

State-Wide MLS

APN: LCOM-000008-000000-000080

Rhode Island Newport County Little Compton 02837

7 Minnesota Rd, Little Compton, RI

This home is located at 7 Minnesota Rd, Little Compton, RI 02837 since 20 May 2021 and is currently estimated at $2,919,222, approximately $1,065 per square foot. This property was built in 1920. 7 Minnesota Rd is a home located in Newport County with nearby schools including Wilbur & McMahon School.

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