4 months on rocket

48 Wright Ln, Jamestown, RI, 02835

$1,875,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,712 SqFt
$505/SqFt
House

Location

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48 Wright Ln, Jamestown$1,875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Built In, Garage, Garage Door Opener
Attached GarageYes
Year Built1990
HeatingForced Air, Other, Oil, Solar, Zoned
CoolingCentral Air
BasementYes
WaterfrontBeach, Water Access, Waterfront
FireplaceInsert, Gas, Marble, Zero Clearance
ViewWater
MLS #1365993
Lot Size1.84 Acres
StatusActive

About 48 Wright Ln

Beautifully constructed and thoughtfully designed, this custom built contemporary sits on almost 2 acres of private and park-like grounds with gorgeous winter water views, and deeded rights to Cranston Cove Beach for your enjoyment of seaside living and all it has to offer. The open design offers distinctive spaces for comfortable living including an office and craft room, yet enough private area to ensure quiet and peacefulness. The architectural detail is stunning and found at every turn. The kitchen has been beautifully redone with a six person island, quartz counters, a granite sink, high end appliances, and every imaginable pullout and storage in the cabinets. Other amenities include hardwood floors, gas fireplace with marble surround, central air, corian window sills, generator, 4 year young hydro-air heating system, and solar panels (paid for) providing zero dollar electric bills! Perhaps the crowning glory is the 288 square foot deck conveniently located between the kitchen and dining room and covered with a colorful awning, making it a perfect outdoor spot for relaxing or entertaining! This special home in desirable Jamestown has been enjoyed and lovingly cared for by current owners for 34 years...it is waiting for its new owner to enjoy for as many years to come.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1990
  • Stories: 3
  • Living Area: 3,712 SqFt

Listing Office:

  • Office Name: Mott & Chace Sotheby's Intl.
  • Office Phone: (401) 789-8899

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Water Heater, Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior: Attic, Bathtub, Cathedral Ceiling(s), Stall Shower, Tub Shower, Central Vacuum, Jetted Tub, Cable TV
  • Fireplace: Insert, Gas, Marble, Zero Clearance

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach, Water Access, Waterfront
  • View: Water
  • Exterior: Balcony, Deck, Porch, Barbecue

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Built In, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Wooded
  • Lot Size: 1.84 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Other, Oil, Solar, Zoned
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,875,000
  • Price Per SqFt: $505/SqFt

Tax Information:

  • Annual Amount: $8,854
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Jamestown, RI.

Med. Sold Price

$1.0M

Med. Price/SqFt

$573

Avg. Days On Market

73

# of Sold Homes

9

48 Wright Ln vs Jamestown

131 DAYS ON ROCKET

+58 Days

$1,875,000

+$800K More

$505/SqFt

-$68 Less

KEY TAKEAWAY

This property is $800K more than the Median Sold Price and $68/SqFt less than other homes in Jamestown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1365993

Listing Office:

  • Office Name: Mott & Chace Sotheby's Intl.
  • Office Phone: (401) 789-8899

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 27, 1989Home Sold
$192,500

Tax History

YEARPROP. TAXASSESSMENT
2021$8,854$1,066,900
2020$8,610$1,066,900
2019$8,589$1,066,900
2018$7,932$896,300
2017$7,762$896,300

History based on county public records data.

Payment Calculator

$9,426

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,688

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-802232
7
/10
  • Melrose Avenue School

  • 76 Melrose Ave

  • 2.89 miles

  • Public District Grades PK-4

school-card-donut-802233
8
/10
  • Hamilton Elementary School

  • 25 Salisbury Ave

  • 3.73 miles

  • Public District Grades KG-5

school-card-donut-802234
4
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 4.02 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,341. Residents of Jamestown, RI typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48 Wright Ln

What is the listing price of this property?

The listing price of 48 Wright Ln property is $1,875,000.

What type of property is this?

The property 48 Wright Ln is a house located in Jamestown, Rhode Island, 02835.

Is this property for sale now?

Active Listing: 48 Wright Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,854 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 27, 1989 for $192,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 48 Wright Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 48 Wright Ln is 3,712 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 Wright Ln is 1990.

Rocket Homes›Rhode Island›Newport County›Jamestown›02835›48 Wright Ln

This home is located at 48 Wright Ln in Jamestown, RI and zip code 02835. This 3,712 square foot home, which was built in 1990, sits on a 1.84 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $1,875,000.

While more than 0 listings in Jamestown, RI in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 8 were sold below. The inventory of homes for sale in Jamestown, RI between October 2024 and November 2024 decreased by 23.3%. While the average time on the market in November 2024 was 73 days, the median list price was $1,075,000.

From Rocket Homes Real Estate and based on county public records data.

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