NOT LISTED FOR SALE

Estimated Value: $558,000 - $643,000

1 Bed
1 Bath
720 Sq Ft
$835/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $549,000 $762 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,579/month

58 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Walking Distance to Water
  • Melrose Avenue School Rated A-
  • Cottage
  • Thermal Windows

About This Home

As of June 2023

Just in time for summer to enjoy this lovely ranch/cottage in Jamestown Shores. Walk to the water or enjoy the new 400 sq ft deck on this large private lot. This cottage has many beautiful updates which include hardwood flooring, all new windows with built in blinds, a new bathroom with a rain shower, a new roof, a new hot water tank, and new manufactured stone kitchen counters. This cottage is ideal for a summer home close to Newport, Salve Regina, Providence, and all of the southern Rhode Island beaches. Jamestown is a quaint island community with a town/village center and pristine beaches. Jamestown also consists of a year round community providing for the ideal quality of life.

Last Listed By

Marie Theriault

Ocean Roads Realty LLC License #REC.0018070 Listed on: 04/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,473

Year Built

  • Built in 1940

Lot Details

  • 0.38 Acre Lot
  • Property is zoned R40

Home Design

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

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Jamestown Subdivision

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 5SHIPSTJAME

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,473

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3759
  • Subdivision Name: Jamestown
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Cabin/Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Microwave, Oven, Oil Water Heater, Range, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 720.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16376.0
  • Parcel #: 5SHIPSTJAME
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2472.55
  • Tax Lot: 107
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jun 28, 2023
Sold by
Morttin Robert E
Bought by
Morton Sarah E
Seller's Agent
Marie Theriault
Ocean Roads Realty LLC
Buyer's Agent
Lisa Ramsbottom
Keller Williams Leading Edge
List Price
$675,000
Sold Price
$549,000
Premium/Discount to List
-$126,000
-18.67%
Total Days on Market
58
Views
235
Current Estimated Value
$601,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,389
Avg. Annual Appreciation
5.48%
Original Mortgage
$539,056
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jan 17, 2020
Sold by
Petersen Carole L and Werner Carole L
Bought by
Morettin Robert E
Seller's Agent
Bob Bailey
Compass / Lila Delman Compass
Buyer's Agent
Marie Theriault
Ocean Roads Realty LLC
List Price
$339,900
Sold Price
$292,000
Premium/Discount to List
-$47,900
-14.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.08%
Original Mortgage
$23,360
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2015
Sold by
Melucci Carole L
Bought by
Petersen Carol L

Purchase Details

Closed on
Oct 31, 2006
Sold by
Froberg Prescott and Froberg Florence
Bought by
Melucci Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

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
Morton Sarah E $549,000 None Available
Morettin Robert E $292,000 None Available
Petersen Carol L -- --
Melucci Carole $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Sarah E $568,556
Closed Morton Sarah E $539,056
Closed Morton Sarah E $15,000
Previous Owner Morettin Robert E $23,360
Previous Owner Melucci Carole $299,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $549,000 -0.1% $763 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $549,500 -7.6% $763 / Sq Ft
05/29/2023 05/29/23 Price Changed $595,000 -4.8% $826 / Sq Ft
05/01/2023 05/01/23 Price Changed $625,000 -1.6% $868 / Sq Ft
05/01/2023 05/01/23 Price Changed $635,000 -5.9% $882 / Sq Ft
04/25/2023 04/25/23 For Sale $675,000 +131.2% $938 / Sq Ft
01/17/2020 01/17/20 Sold $292,000 -14.1% $406 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $339,900 -- $472 / 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 $2,677 $373,400 $184,800 $188,600
2023 $2,521 $361,200 $184,800 $176,400
2022 $2,453 $361,200 $184,800 $176,400
2021 $2,125 $256,700 $159,500 $97,200
2020 $2,062 $255,500 $159,500 $96,000
2019 $2,057 $255,500 $159,500 $96,000
2018 $2,027 $229,000 $140,800 $88,200
2017 $1,982 $228,900 $140,800 $88,100
2016 $1,964 $228,900 $140,800 $88,100
2015 $1,976 $225,100 $164,600 $60,500
2014 $1,970 $225,100 $164,600 $60,500
Source: Public Records

Agents Affiliated with this Home

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Source: State-Wide MLS

MLS Number: 1334032

State-Wide MLS

APN: JAME-000015-000000-000107