COASTAL PROPERTY at 34 Decatur Ave. in Jamestown was just lately offered for $2.2 million, $200,000 greater than the unique value. / PROVIDED BY MOTT & CHACE SOTHEBY’S INTERNATIONAL REALTY

JAMESTOUN. A single-family residence within the East Passage space just lately offered for $2.2 million, in line with Mott & Chace Sotheby’s Worldwide Realty, which represented the vendor within the deal.

The residence on the market at 34 Decatur was the seventh-highest-selling single-family residence in Jamestown this 12 months, the actual property agency mentioned, citing information from the Rhode Island A number of Itemizing Service. In keeping with the agency, the waterfront property was purchased for $200,000 greater than its marketed value.

The three,000-square-foot residence consists of three bedrooms, two full baths and one bathtub, mentioned Mott & Chace, which labored with William Raveis Encourage, the agency representing the client.

The 2-story residence was inbuilt 1993 on over an acre of land, with a conventional gabled roof and wooden shingles on the skin, in line with publicly obtainable data from town’s property appraiser database. The house has a 276-square-foot open porch on one aspect and a 240-square-foot deck on the again. The property additionally has a 480-square-foot two-car storage, in line with property paperwork.

The property, positioned on a quiet street overlooking Narragansett Bay, was final valued by town in 2020 at $1.14 million, in line with the appraiser’s database.

The $2.2 million sale value exhibits that Rhode Island’s luxurious waterfront houses are nonetheless in excessive demand.

“The luxurious items market will stay robust in 2022,” mentioned Nicole Carstensen, a Mott & Chase gross sales consultant who labored on the deal.

The home was offered by Jacqueline Cournoyer, a trustee of the Jacqueline Cournoyer Basis, and purchased by Pamela McKinley, in line with a replica of the belief deed, a public doc just lately filed with town. Cornoyer owned the property for not less than 28 years.

Mark Larock is a PBN contributor.

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