NOT LISTED FOR SALE

86 Mount Hope Ave Jamestown, RI 02835

Jamestown Village Neighborhood

Estimated Value: $1,976,000 - $2,342,000

0.46 Acre
$4,722,685 Price per Acre
20,038 Sq Ft Lot

Last Sold December 09, 2021

Last sale price $725,000

Est. 189% increase in value since last sale

Current estimated payment $12,361/month

110 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Walking Distance to Water
  • Melrose Avenue School Rated A-
  • Tennis Courts
  • Public Transportation

About This Lot

As of December 2021

Opportunity to build your dream home in Jamestown!
Located on a quiet road abutting the Jamestown Golf Course, this property is nearby local shops, restaurants, and marinas. There is a a paper road providing more privacy on the west border and a stone wall separating the property from the golf course on the northern property line. Connections for water and sewer are available directly in front of the property. This land has potential for water views.

*Building plans are available. See attachments for preview.
Current owners partnered with Herk Works of Middletown, RI, to design a stunning home that flawlessly reflects the style of Jamestown. With 4,200 square feet of above ground living space and an additional finished basement, this home has potential to be the ideal Conanicut Island Oasis.

Last Agent to Sell the Property

Victoria Perrotti

Mott & Chace Sotheby's Intl. License #RES.0045761 Listed on: 07/21/2021

Last Buyer's Agent

Robert Bartolomeo

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,173

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Finished Lot(s)

Utilities

  • Well

Listing and Financial Details

  • Tax Lot 282
  • Assessor Parcel Number 86MOUNTHOPEAVJAME

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$4,173

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 0.46
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • Waterfront Features: Walk to Water

Utilities

  • Sewer: Sanitary
  • Utilities: Electricity Available, Municipal Utilities, Water Connected, Water Available
  • Water Source: Not Connected, Public, Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 20000.0
  • Wooded Area: 25.0
  • Parcel #: 86MOUNTHOPEAVJAME
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4173.0
  • Tax Lot: 282
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Dec 9, 2021
Sold by
Lutes Scott A and Lutes Pamela L
Bought by
Valente Jonathan and Valente Wendy
Seller's Agent
Victoria Perrotti
Mott & Chace Sotheby's Intl.
Buyer's Agent
Robert Bartolomeo
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$2,094,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,369,623
Avg. Annual Appreciation
32.34%

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 13, 2020
Sold by
Guterman Theodore and Cuddihy Nancy R
Bought by
Lutes Scott A and Lutes Pamela L
Seller's Agent
Carol Hopkins
Residential Properties Ltd.
Buyer's Agent
ANTHONY LOMBARI
Compass
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
Sold by
Norton Muriel and Norton John
Bought by
Guterman Theodore and Cuddihy Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Valente Jonathan $725,000 None Available
Lutes Scott A $650,000 None Available
Guterman Theodore $452,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valente Wendy $995,000
Previous Owner Lutes Scott A $300,000
Previous Owner Norton John F $200,000
Previous Owner Norton John F $93,606
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $725,000 0.0% --
11/09/2021 11/09/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $725,000 +11.5% --
10/16/2020 10/16/20 Sold $650,000 0.0% --
09/16/2020 09/16/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $650,000 -- --
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 $9,510 $1,326,400 $528,900 $797,500
2023 $7,152 $1,024,700 $528,900 $495,800
2022 $3,591 $528,900 $528,900 $0
2021 $4,282 $517,100 $517,100 $0
2020 $4,173 $517,100 $517,100 $0
2019 $4,163 $517,100 $517,100 $0
2018 $3,226 $364,500 $364,500 $0
2017 $3,157 $364,500 $364,500 $0
2016 $3,127 $364,500 $364,500 $0
2015 $3,556 $405,000 $405,000 $0
2014 $3,544 $405,000 $405,000 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Victoria Perrotti

    Mott & Chace Sotheby's Intl.

  • R

    Buyer's Agent in 2021

    Robert Bartolomeo

  • Carol Hopkins

    Seller's Agent in 2020

    Carol Hopkins

    Residential Properties Ltd.

    (401) 864-0130

    6 in this area

    16 Total Sales

    Section Image
  • ANTHONY LOMBARI

    Buyer's Agent in 2020

    ANTHONY LOMBARI

    Compass

    (401) 212-6126

    1 in this area

    28 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1288058

State-Wide MLS

APN: JAME-000008-000000-000282

Rhode Island Newport County Jamestown 02835 Jamestown Village

86 Mount Hope Ave, Jamestown, RI

This home is located at 86 Mount Hope Ave, Jamestown, RI 02835 since 21 July 2021 and is currently estimated at $2,172,435. 86 Mount Hope Ave is a home located in Newport County with nearby schools including Melrose Avenue School and Lawn Avenue School.

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