NOT LISTED FOR SALE

Estimated Value: $672,118 - $1,129,000

2 Beds
1 Bath
1,032 Sq Ft
$879/Sq Ft Est. Value

Last Sold July 06, 2012

Last sale price $485,000 $470 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,078/month

1,733 Days on Market

Highlights

  • Beach Front
  • Cottage
  • Hot Water Heating System
  • Wilbur & McMahon School Rated A-
  • Tankless Water Heater
  • Wood Siding

About This Home

As of July 2012

Waterfront on Sakonnet River. 2 bedroom year round Cottage. Incredible waterviews and beach. Great potential. Lots 271 and 272 Little Compton Tax Assessor's Maps. Buyer to pay LC Properties Agricultural Conservancy Trust Tax.

Last Agent to Sell the Property

James Holland

T. L. Holland Agency License #REB.0014814 Listed on: 09/07/2007

Last Buyer's Agent

Thomas Joy

T. L. Holland Agency License #RES.0030877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,982

Year Built

  • Built in 1977

Lot Details

  • 0.38 Acre Lot
  • Beach Front

Parking

  • No Garage

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Water Not Available
  • Tankless Water Heater
  • Oil Water Heater

Community Details

  • Compton Cliffs Subdivision

Listing and Financial Details

  • Tax Lot 271, 272
  • Assessor Parcel Number 9OLIVERLANELCOM

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,982

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3834
  • Subdivision Name: COMPTON CLIFFS
  • Above Grade Finished Sq Ft: 1032.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1977
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oven, Oil Water Heater, Range, Tankless Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Living Area: 1032.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Front
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Unknown
  • Utilities: Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 16700.0
  • Parcel #: 9OLIVERLANELCOM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2982.0
  • Tax Lot: 271, 272
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Hoffman Alan R and Hoffman Marilyn F
Bought by
Little Compton Hoffman Bc
Current Estimated Value
$907,280

Purchase Details

Listed on
Sep 7, 2007
Closed on
Jul 6, 2012
Sold by
Mello Robert
Bought by
Mckinnon Ian M and Mckinnon Lise A
Seller's Agent
James Holland
T. L. Holland Agency
Buyer's Agent
Thomas Joy
T. L. Holland Agency
List Price
$650,000
Sold Price
$485,000
Premium/Discount to List
-$165,000
-25.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$388,000
Interest Rate
3.78%
Mortgage Type
New Conventional
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
Little Compton Hoffman Bc -- None Available
Little Compton Hoffman Bc -- None Available
Mckinnon Ian M $485,000 --
Mckinnon Ian M $485,000 --
Hoffman Alan R -- --
Mckinnon Ian M $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckinnon Ian M $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2012 07/06/12 Sold $485,000 -25.4% $470 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
09/07/2007 09/07/07 For Sale $650,000 -- $630 / 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 $3,209 $631,700 $493,500 $138,200
2023 $3,133 $631,700 $493,500 $138,200
2022 $3,095 $631,700 $493,500 $138,200
2021 $3,157 $522,700 $429,300 $93,400
2020 $3,131 $522,700 $429,300 $93,400
2019 $3,100 $522,700 $429,300 $93,400
2018 $3,202 $537,200 $448,800 $88,400
2016 $3,046 $537,200 $448,800 $88,400
2015 $3,083 $536,200 $443,500 $92,700
2014 $3,024 $536,200 $443,500 $92,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 755157

State-Wide MLS

APN: LCOM-000001-000000-000271-000001