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Sold for $1,400,000
    • $1,400,000

    48 Ocean Ave, Jamestown, RI 02835

    4beds
    988sqft
    Single Family Residence
    Built in 1787
    0.86 Acres Lot
    $1,426,900 Zestimate®
    $1,417/sqft
    $3,013 Estimated rent

    Home value

    $1,426,900

    $1.17M - $1.73M

    $3,013/mo

    Zestimate® history
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    What's special

    Screened in rear deckColonial cottage
    West Ferry - This c.1787 colonial cottage is sited on nearly an acre of land with views of the West Passage of Narragansett Bay, Dutch Island, and wonderful sunsets. The lot has frontage on both Ocean Avenue and Melrose Avenue offering wonderful development options for a garage/accessory dwelling unit on the Melrose side of the lot, and a main house overlooking the water on Ocean Avenue. The lot is served by town water & sewer. The existing cottage offers 4 small bedrooms, 1 full bath, and a screened in rear deck. First time offered for sale in nearly 50 years by the current family. Enjoy the convenience of being just two blocks from West Ferry waterfront, library, school, and a 1/2 mile to the village shops, restaurants, and marina.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bob Bailey 401-413-6928,

    Lila Delman Compass

    Bought with:

    Linda Supron, REB.0018339

    Residential Properties Ltd.

    Source: StateWide MLS RI,MLS#: 1396614MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    Bathroom
    • Features: Bath w Shower Stall
    Heating
    • Electric, Baseboard
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Dryer, Oven/Range, Refrigerator, Washer
    Features
    • Wall (Dry Wall), Bath w/ Shower, Dining Area, Full Bath, Kitchen, Laundry Area, Living Room, Skylight, Plumbing (Copper), Plumbing (Mixed), Plumbing (Other), Plumbing (PVC), Insulation (Unknown)
    • Flooring: Hardwood, Wood
    • Windows: Skylight(s)
    • Basement: Crawl Space
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 988
    • Total interior livable area: 988 sqft
    • Finished area above ground: 988
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: No Garage
    Features
    • Patio & porch: Deck, Screened
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Access, Walk to Salt Water, Walk To Water
    Lot
    • Size: 0.86 Acres
    • Features: Wooded
    Details
    • Parcel number: JAMEM8L36
    • Zoning: R20
    • Special conditions: Conventional/Market Value
    • Other equipment: Wood Stove

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod,Colonial,Cottage
    • Property subtype: Single Family Residence
    Materials
    • Dry Wall, Shingles, Wood
    • Foundation: Mixed, Slab, Stone
    Condition
    • New construction: No
    • Year built: 1787

    Utilities & green energy

    • Electric: 100 Amp Service, 220 Volts, Circuit Breakers, Individual Meter
    • Sewer: Public Sewer
    • Water: Individual Meter, Municipal, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Marina, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    • Subdivision: West Ferry
    HOA
    • Has HOA: No
    Location
    • Region: Jamestown

    Financial & listing details

    • Price per square foot: $1,417/sqft
    • Tax assessed value: $1,031,700
    • Annual tax amount: $5,886
    • Date on market: 3/12/2026

    Price history

    DateEventPrice
    4/15/2026Sold$1,400,000-5.1%$1,417/sqft
    Source: StateWide MLS RI #1396614 Report a problem
    3/16/2026Pending sale$1,475,000$1,493/sqft
    Source: StateWide MLS RI #1396614 Report a problem
    3/12/2026Listed for sale$1,475,000-1.3%$1,493/sqft
    Source: StateWide MLS RI #1396614 Report a problem
    12/10/2025Listing removed$1,495,000$1,513/sqft
    Source: StateWide MLS RI #1396614 Report a problem
    10/18/2025Listed for sale$1,495,000$1,513/sqft
    Source: StateWide MLS RI #1396614 Report a problem
    10/6/2025Contingent$1,495,000$1,513/sqft
    Source: StateWide MLS RI #1396614 Report a problem
    10/1/2025Listed for sale$1,495,000$1,513/sqft
    Source: StateWide MLS RI #1396614 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,819 +2.9%$1,031,700 +30.8%
    2024$5,656 +5.6%$788,800 0%
    2023$5,357 $789,000
    2022$5,357 -2.7%$789,000 +18.6%
    2021$5,506 +2.6%$665,000
    2020$5,367 +0.3%$665,000
    2019$5,353 +7.2%$665,000 +17.9%
    2018$4,992 +2.2%$564,100
    2017$4,885 +0.9%$564,100
    2016$4,840 +18.6%$564,100 +21.4%
    2015$4,080 +0.3%$464,700
    2014$4,066 $464,700
    2013$4,066 +0.7%$464,700 +7.6%
    2012$4,039 +1.5%$432,000
    2011$3,979 +1.1%$432,000
    2010$3,936 +14.6%$432,000 +2%
    2009$3,435 $423,507
    2008$3,435 +3.8%$423,507
    2007$3,308 +26.7%$423,507 +47.5%
    2005$2,610 -21.5%$287,160
    2004$3,325 +65%$287,160 +98.1%
    2003$2,015 $144,990
    Find assessor info on the county website

    Neighborhood: 02835

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    Estimated market value
    $1,426,900
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    Estimated market value
    $1,426,900

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