NOT LISTED FOR SALE

71 Cove Dr Charlestown, RI 02813

Estimated Value: $2,567,119 - $2,928,000

3 Beds
3.5 Baths
3,324 Sq Ft
$843/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $2,500,000 $752 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,768/month

39 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Deck
  • Marina
  • Water Access
  • 1-minute walk to Ninigret National Wildlife Refuge

About This Home

As of May 2024

Experience waterfront living at its finest in this stunning contemporary home nestled in peaceful Foster Cove. This sun-drenched residence boasts panoramic water views,offering a serene retreat at the end of a private cul de sac. As you arrive, stone pillars and a paver driveway welcome you to this meticulously maintained property, set on a beautifully landscaped acre.Step inside to discover an open floor plan designed for both family comfort and effortless entertaining. The great room features a living area with a charming fieldstone fireplace, a spacious dining area, and an eat-in kitchen.Step out onto the expansive newly constructed wraparound deck, perfect for outdoor gatherings & enjoying the picturesque surroundings.The first floor also hosts two bedrooms, a full bath, and a sunroom, while the recently renovated top floor owners' suite offers a luxurious bathroom, a walk-in closet, a sitting area with a half bath, and a private deck with breathtaking water views. The lower level is designed with guests in mind.Water enthusiasts will enjoy access to boating, clamming, fishing, kayaking,and more. Take advantage of the floating launch and mooring to explore Ninigret Pond, or venture out to the ocean through the breachway.Conveniently located close to charming eateries, golf courses, hiking trails, and shopping, this home offers the perfect blend of tranquility and accessibility. Nestled between Watch Hill and Newport, and only hours from New York and Boston.

Last Agent to Sell the Property

Patrice Fenton

Compass License #RES.0015613 Listed on: 03/18/2024

Compass

Last Buyer's Agent

Kelli Improta

RI Real Estate Services License #REB.0018356

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,329

Year Built

  • Built in 1985

Lot Details

  • 0.92 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Skylights
  • 3 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Radiant Heating System
  • Baseboard Heating
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 71COVEDRDRCHAR

Community Details

Overview

  • Foster Cove Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,329

Year Built

Built in 1985

Lot Details

0

HOA Fees

$75 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9206
  • Subdivision Name: Foster Cove
  • Above Grade Finished Sq Ft: 2617.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 707.0
  • Fireplace Features: Insert, Gas, Masonry, Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Skylights, Tub Shower, Storage, Cable TV, Utility Room
  • Living Area: 3324.0
  • Dining Room Type: Bathroom, Bedroom, Dining Room, Family Room, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Primary Bedroom, Office, Porch, Storage Room, Sunroom, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac, Sprinkler System, Wooded, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Front, Mooring, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 7.0

Utilities

  • Security: Security System Owned
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Heat Pump, Oil, Radiant, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 900.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40100.0
  • Parcel #: 71COVEDRDRCHAR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 13329.0
  • Tax Lot: 94
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 24, 2024
Sold by
Hayes Gregory J and Hayes Renata P
Bought by
Brogno Steven and Brogno Kelly J
Seller's Agent
Patrice Fenton
Compass
Buyer's Agent
Kelli Improta
RI Real Estate Services
List Price
$2,799,000
Sold Price
$2,500,000
Premium/Discount to List
-$299,000
-10.68%
Views
75
Current Estimated Value
$2,661,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,773
Avg. Annual Appreciation
2.82%
Original Mortgage
$900,000
Outstanding Balance
$890,644
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,694,836
Source: Public Records

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 Buyer Sale Price Title Company
Brogno Steven $2,500,000 None Available
Brogno Steven $2,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brogno Steven $900,000
Closed Brogno Steven $900,000
Previous Owner Rosenthal Gerald P $900,000
Previous Owner Rosenthal Gerald P $600,000
Previous Owner Rosenthal Gerald P $214,000
Previous Owner Rosenthal Gerald P $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $2,500,000 -10.7% $752 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $2,799,000 -- $842 / 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 $13,422 $2,322,100 $1,640,400 $681,700
2023 $13,329 $2,322,100 $1,640,400 $681,700
2022 $12,458 $1,524,900 $976,400 $548,500
2021 $12,474 $1,524,900 $976,400 $548,500
2020 $12,550 $1,524,900 $976,400 $548,500
2019 $13,422 $1,454,200 $976,400 $477,800
2018 $14,018 $1,454,200 $976,400 $477,800
2017 $13,946 $1,454,200 $976,400 $477,800
2016 $14,339 $1,404,400 $939,900 $464,500
2015 $14,198 $1,404,400 $939,900 $464,500
2014 $13,904 $1,404,400 $939,900 $464,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1354864

State-Wide MLS

APN: CHAR-000005-000000-000094