NOT LISTED FOR SALE

8 Ocean Dr Little Compton, RI 02837

Estimated Value: $1,454,000 - $1,638,000

3 Beds
2 Baths
1,584 Sq Ft
$985/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $1,350,000 $852 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,080/month

160 Days on Market

Highlights

  • Marina
  • Water Views
  • Deck
  • Wilbur & McMahon School Rated A-
  • Beach Access
  • Wood Burning Stove

About This Home

As of April 2023

This residence is carefully positioned to offer privacy and capture magnificent views of the Little Compton coastline and the Atlantic Ocean. The cottage underwent a total renovation in 2002. It was architecturally designed, built to a high standard, and has has been meticulously maintained. The living space is a large open room with a series of doors that lead out to a deck. The 3 bedrooms, a full bath, and utility on the lower level. A wrap around deck provides extra living space for entertaining and relaxing during the warmer months. The cottage has deeded access to the Atlantic Ocean and is within a 5 minute walk. An ideal setting for a year-round home or a summer retreat. Buyer to pay LCACT tax at the recording of the deed.

Last Agent to Sell the Property

Deborah Ladd

Compass License #REB.0011353 Listed on: 11/09/2022

Compass

Co-Listed By

Rodney Soares

Compass License #RES.0047180

Last Buyer's Agent

Deborah Ladd

Compass License #REB.0011353 Listed on: 11/09/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,466

Year Built

  • Built in 2002

Lot Details

  • 0.77 Acre Lot

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Skylights
  • Wood Burning Stove
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 8OCEANDRLCOM

Community Details

Overview

  • South Shore Beach Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,466

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Co List Office Mls Id: LILA07
  • Co List Office Phone: 401-635-8887
  • Subdivision Name: South Shore Beach
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 624.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower, Cable TV, Wood Burning Stove
  • Living Area: 1584.0
  • Dining Room Type: Bathroom, Bedroom, Laundry, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Ductless, Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33541.0
  • Parcel #: 8OCEANDRLCOM
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4466.0
  • Tax Lot: 169
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Apr 18, 2023
Sold by
Rochdale Llc
Bought by
Mckibben Stephen C and Georges Stephanie C
Seller's Agent
Deborah Ladd
Compass
Buyer's Agent
Deborah Ladd
Compass
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Current Estimated Value
$1,560,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,022
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Sep 4, 2002
Sold by
Brennan Elsie M
Bought by
Moore William 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
Mckibben Stephen C $1,350,000 None Available
Mckibben Stephen C $1,350,000 None Available
Moore William L $300,000 --
Moore William L $300,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $1,350,000 -9.7% $852 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
11/09/2022 11/09/22 For Sale $1,495,000 -- $944 / 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 $5,566 $1,095,700 $710,700 $385,000
2023 $4,521 $911,500 $710,700 $200,800
2022 $4,466 $911,500 $710,700 $200,800
2021 $4,889 $809,500 $618,000 $191,500
2020 $4,849 $809,500 $618,000 $191,500
2019 $4,800 $809,500 $618,000 $191,500
2018 $4,075 $683,800 $513,400 $170,400
2016 $3,877 $683,800 $513,400 $170,400
2015 $3,859 $671,200 $482,900 $188,300
2014 $3,786 $671,200 $482,900 $188,300
Source: Public Records

Agents Affiliated with this Home

  • Deborah Ladd

    Seller's Agent in 2023

    Deborah Ladd

    Compass

    (508) 493-5551

    23 in this area

    33 Total Sales

    Deborah Ladd
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Rodney Soares

    Compass

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1323936

State-Wide MLS

APN: LCOM-000033-000000-000169

Rhode Island Newport County Little Compton 02837

8 Ocean Dr, Little Compton, RI

This home is located at 8 Ocean Dr, Little Compton, RI 02837 since 09 November 2022 and is currently estimated at $1,560,022, approximately $984 per square foot. This property was built in 2002. 8 Ocean Dr is a home located in Newport County with nearby schools including Wilbur & McMahon School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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