NOT LISTED FOR SALE

Estimated Value: $1,290,000 - $1,432,000

2 Beds
2.5 Baths
2,532 Sq Ft
$544/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $1,295,000 $511 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,007/month

42 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Cape Cod Architecture
  • Melrose Avenue School Rated A-
  • Spa
  • Deck

About This Home

As of July 2023

Outstanding, expansive water and sunset views of the Narragansett Bay from the 2 large decks. This bright and airy home is located just steps from the water with a deeded right of way access directly in front of the house. The property is less than a mile to Head's Beach. The large wraparound deck is the perfect viewing spot to watch the Annual Newport Regatta and the Fourth of July fireworks right from your very own home. Ideal location for kayaking and paddle boarding.
You will love the vaulted and cathedral ceilings, the 30' stone fireplace that has recently been converted to gas, and the outdoor shower.
The interior and the exterior of this home has recently been professionally painted. Among the many improvements are the new landscaping, new driveway and walkways, new patio with new 6 person hot tub, new decking with new railings, new roof and skylights, new gas grill that is hooked up to the gas, newly refinished hardwood floors, new Bosch induction stove, new bath and laundry area on the first level, newer heat pump/AC system, newer water treatment system, newer furnace. There is a 200 square foot (14 foot structure height) outbuilding that is currently being used for extra storage; however, it could be easily converted to an office, studio or workout space.
The sellers are open to selling the home furnished.

This property is a pleasure to show!

Last Agent to Sell the Property

Jackie Hefner

William Raveis Inspire License #RES.0027808 Listed on: 05/25/2023

William Raveis Inspire

Last Buyer's Agent

Frances Bidell

RE/MAX FLAGSHIP, INC. License #RES.0030296

RE/MAX FLAGSHIP, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 1988

Lot Details

  • 9,744 Sq Ft Lot
  • Property is zoned R-40

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Split Level Home
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,532 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Outbuilding
  • Outdoor Grill

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Jamestown Shores Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 80UMIAKAVJAME

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,328

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2237
  • Inclusions: Sellers' Disclosure, Lead Disclosure
  • Subdivision Name: Jamestown Shores
  • Above Grade Finished Sq Ft: 2532.0
  • Architectural Style: Cape Cod, Tri-Level
  • Garage Yn: Yes
  • Unit Levels: Three Level Split, Two
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 2
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Finished, Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower, Furnished, Cable TV
  • Living Area: 2532.0
  • Dining Room Type: Bathroom, Laundry
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Owner

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Ductless, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Hydro Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9744.0
  • Parcel #: 80UMIAKAVJAME
  • Zoning: R-40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5328.0
  • Tax Lot: 68
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 26, 2023
Sold by
Obryan James and Obryan Deborah
Bought by
Crean John and Crean Rosemary
Seller's Agent
Jackie Hefner
William Raveis Inspire
Buyer's Agent
Frances Bidell
RE/MAX FLAGSHIP, INC.
List Price
$1,350,000
Sold Price
$1,295,000
Premium/Discount to List
-$55,000
-4.07%
Views
143
Current Estimated Value
$1,377,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,505
Avg. Annual Appreciation
2.97%
Original Mortgage
$1,036,000
Outstanding Balance
$1,012,893
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$364,612

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jul 15, 2021
Sold by
Deresky John J
Bought by
Obryan James and Obryan Deborah
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
Jackie Hefner
William Raveis Inspire
List Price
$944,500
Sold Price
$877,000
Premium/Discount to List
-$67,500
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.17%

Purchase Details

Listed on
Jun 9, 2012
Closed on
May 20, 2013
Sold by
Flanagan Edward P
Bought by
Deresky John J
Seller's Agent
James Thompson
Ri Flat Fee.Com
Buyer's Agent
Benjamin Thomas
RI Real Estate Services
List Price
$649,900
Sold Price
$520,000
Premium/Discount to List
-$129,900
-19.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$501,400
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Crean John $1,295,000 None Available
Obryan James $887,000 None Available
Deresky John J $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crean John $1,036,000
Previous Owner Deresky John J $434,000
Previous Owner Deresky John J $501,400
Previous Owner Flanagan Edward $271,400
Previous Owner Flanagan Edward $187,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $1,295,000 0.0% $511 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $1,295,000 -4.1% $511 / Sq Ft
05/25/2023 05/25/23 For Sale $1,350,000 +53.9% $533 / Sq Ft
07/16/2021 07/16/21 Sold $877,000 -7.1% $331 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $944,500 +81.6% $357 / Sq Ft
05/30/2013 05/30/13 Sold $520,000 -20.0% $235 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
06/09/2012 06/09/12 For Sale $649,900 -- $294 / 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 $6,719 $1,191,300 $260,300 $931,000
2024 $5,913 $824,700 $224,100 $600,600
2023 $5,460 $782,300 $224,100 $558,200
2022 $5,312 $782,300 $224,100 $558,200
2021 $4,155 $501,800 $188,000 $313,800
2020 $4,050 $501,800 $188,000 $313,800
2019 $4,039 $501,800 $188,000 $313,800
2018 $3,961 $447,600 $166,800 $280,800
2017 $3,876 $447,600 $166,800 $280,800
2016 $3,840 $447,600 $166,800 $280,800
2015 $3,744 $426,400 $195,000 $231,400
2014 $3,731 $426,400 $195,000 $231,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1336121

State-Wide MLS

APN: JAME-000003-000000-000068