NOT LISTED FOR SALE

Estimated Value: $5,630,000 - $9,538,000

5 Beds
7 Baths
8,754 Sq Ft
$799/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $5,550,000 $634 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $40,342/month

150 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • 1-minute walk to Conanicut Battery Historic Park

About This Home

As of July 2020

Coastal perfection! This waterfront estate, beautifully sited on the shore of Jamestown, overlooks scenic Narragansett Bay. A private winding lane leads to the 3.7 acre property with colorful coastal gardens, manicured lawns and stone walls. This unique, classically inspired, architecturally designed, shingle style home is highlighted by a beach-entry, waterside pool and a gorgeous outdoor entertainment space with full kitchen. A grass path leads to a water’s edge dining gazebo, beach and mooring. A sun-lit interior offers dramatic water views with an open floor plan. Main floor rooms include: a custom eat-in kitchen, with large pantry, that opens to a 2 story family room showcasing a floor to ceiling stone fireplace and reclaimed wooden barn beams, an elegant dining room, butler’s pantry, cozy library, and an ensuite bedroom with sprawling spa bath and deck access. The lower entertaining level has something for everyone: an expansive pub game room, a cabana with steam shower, an artist studio and an office - all with direct access to the outdoor entertaining space. Several additional guest bedroom suites make this home the perfect choice for multi-generational family living and family/friend gatherings. A rooftop widow’s walk that offers views from Block Island to Providence, in addition to the 3 stop elevator and a 3 car garage, make this waterfront home a rare gem!

Last Agent to Sell the Property

Judith Chace

Mott & Chace Sotheby's Intl. License #REC.0016122 Listed on: 02/01/2020

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Erin Marsh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,493

Year Built

  • Built in 2004

Lot Details

  • 3.7 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Fenced
  • Sprinkler System
  • Property is zoned RR-80

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 8,754 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 4 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Game Room
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Balcony
  • Deck
  • Screened Patio
  • Outdoor Grill
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Underground Utilities
  • 220 Volts
  • 200+ Amp Service
  • Power Generator
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish
  • TV Antenna

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 90BATTERYLANEJAME

Community Details

Recreation

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

Additional Features

  • Beavertail Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,493

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 3.7
  • Subdivision Name: Beavertail
  • Above Grade Finished Sq Ft: 8754.0
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Appliances, HVAC, Thermostat
  • Building Stories: 3
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Other Equipment: Satellite Dish
  • Accessibility Features: Accessibility Features, Accessible Elevator Installed
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Stone
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Other, Carpet
  • Interior Amenities: Attic, Wet Bar, Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Permanent Attic Stairs, Skylights, Tub Shower, Elevator
  • Living Area: 8754.0
  • Dining Room Type: Bathroom, Game Room, Storage Room, Utility Room, Workshop
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Sprinkler System, Waterfront
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Mooring, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster, Masonry, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Patio, Barbecue, Sprinkler/Irrigation, Paved Driveway, TV Antenna
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 13.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Hydro Air, Individual, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 110 Volts, 200+ Amp Service, Circuit Breakers, Generator, Underground, 220 Volts
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 161172.0
  • Parcel #: 90BATTERYLANEJAME
  • Zoning: RR-80
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Water Recycling

Tax Info

  • Tax Annual Amount: 40493.0
  • Tax Lot: 32
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jul 29, 2020
Sold by
Burnett Ricky S and Burnett Rachel C
Bought by
Buttercup Island Rt and Scorchy Services Llc Tr
Seller's Agent
Judith Chace
Mott & Chace Sotheby's Intl.
Buyer's Agent
Erin Marsh
List Price
$6,250,000
Sold Price
$5,550,000
Premium/Discount to List
-$700,000
-11.2%
Current Estimated Value
$6,998,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,448,424
Avg. Annual Appreciation
4.59%
Original Mortgage
$3,607,500
Outstanding Balance
$3,206,014
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,792,410
Source: Public Records

Range of Values:

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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
Buttercup Island Rt $5,550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buttercup Island Rt $3,607,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $5,550,000 -11.2% $634 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $6,250,000 -- $714 / 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 $37,104 $6,578,800 $4,162,000 $2,416,800
2024 $39,858 $5,559,000 $3,500,700 $2,058,300
2023 $39,181 $5,613,300 $3,500,700 $2,112,600
2022 $37,998 $5,596,200 $3,500,700 $2,095,500
2021 $41,630 $5,027,800 $2,145,700 $2,882,100
2020 $40,574 $5,027,800 $2,145,700 $2,882,100
2019 $40,474 $5,027,800 $2,145,700 $2,882,100
2018 $41,121 $4,646,400 $1,764,300 $2,882,100
2017 $40,238 $4,646,400 $1,764,300 $2,882,100
2016 $39,866 $4,646,400 $1,764,300 $2,882,100
2015 $45,275 $5,156,600 $1,957,800 $3,198,800
2014 $45,120 $5,156,600 $1,957,800 $3,198,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1244965

State-Wide MLS

APN: JAME-000011-000000-000032