NOT LISTED FOR SALE

1 Presidential Way Lincoln, RI 02865

Central Lincoln Neighborhood

Estimated Value: $1,145,000 - $1,233,000

4 Beds
4 Baths
5,062 Sq Ft
$233/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $985,000 $195 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,426/month

28 Days on Market

Highlights

  • Golf Course Community
  • 3.45 Acre Lot
  • Deck
  • Lincoln Senior High School Rated A-
  • Colonial Architecture
  • Wooded Lot

About This Home

As of June 2023

Here's your chance to live in Presidential Estates in prestigious Limerock! This beautiful 3400 square foot custom colonial has many
upgrades and amenities; Gourmet Kitchen with high end appliances and a huge granite island that generously seats six. The first floor boasts an open floor plan with plenty of windows to flood the space with natural light. Upstairs is a gorgeous master suite with gas fireplace, his/her custom closets and jacuzzi tub. Large bedrooms and custom closets throughout. The finished basement boasts a large gym space, wine closet, a large living space, and plenty of storage. The outside living space includes a large deck overlooking two generous garden beds, a sunken patio, custom shed and playground area. Solar panels, electric car charger hook up, integrated speakers on the main floor, basement and patio, and an in-ground sprinkler system make this a home built for your comfort. Truly a must see in this beautiful cul-de-sac neighborhood. Offer deadline is Monday, 5/8 at 12:00 pm.

Last Agent to Sell the Property

Christina Israel

June Realty License #RES.0033792 Listed on: 05/03/2023

Last Buyer's Agent

Keri LaMontagne Croteau

LaMontagne Real Estate License #RES.0034632

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,264

Year Built

  • Built in 2014

Lot Details

  • 3.45 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Zero Clearance Fireplace
  • Game Room
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Security System Owned
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 129
  • Assessor Parcel Number 1PRESIDENTIALWYLINC

Community Details

Overview

  • Presidential Estates Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,264

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.45
  • Subdivision Name: Presidential Estates
  • Above Grade Finished Sq Ft: 3428.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2014
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1634.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Zero Clearance
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Bathtub, Tub Shower, Cable TV
  • Living Area: 5062.0
  • Dining Room Type: Bathroom, Game Room, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac, Sprinkler System, Wooded
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Porch, Patio, Barbecue, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air, Ductless
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 150282.0
  • Parcel #: 1PRESIDENTIALWYLINC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9263.98
  • Tax Lot: 129
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 9, 2023
Sold by
Lugar Matthew M and Lugar Allison N
Bought by
Shamirian Paul R and Kateb Lucy
Seller's Agent
Christina Israel
June Realty
Buyer's Agent
Keri LaMontagne Croteau
LaMontagne Real Estate
List Price
$949,900
Sold Price
$985,000
Premium/Discount to List
$35,100
3.7%
Views
76
Current Estimated Value
$1,127,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,350
Avg. Annual Appreciation
4.84%
Original Mortgage
$515,000
Outstanding Balance
$503,481
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$588,497

Purchase Details

Closed on
Oct 8, 2019
Sold by
Lugar Matthew M
Bought by
Lugar Matthew M and Lugar Allison N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2016
Sold by
Lugar Matthew M
Bought by
Lugar Matthew M and Lugar Allison N

Purchase Details

Listed on
Apr 6, 2015
Closed on
May 29, 2015
Sold by
Preisdo Capital Mgmt
Bought by
Lugar Matthew
Seller's Agent
Karl Martone
RE/MAX Properties
Buyer's Agent
Jeremy Krause
Residential Properties Ltd.
List Price
$629,900
Sold Price
$629,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Source: Public Records

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
Shamirian Paul R $985,000 None Available
Shamirian Paul R $985,000 None Available
Lugar Matthew M -- --
Lugar Matthew M -- --
Lugar Matthew M -- --
Lugar Matthew $629,900 --
Lugar Matthew $629,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamirian Paul R $515,000
Closed Shamirian Paul R $515,000
Previous Owner Lugar Allison N $400,000
Previous Owner Lugar Allison N $377,000
Previous Owner Lugar Matthew M $449,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $985,000 +3.7% $195 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $949,900 +50.8% $188 / Sq Ft
05/29/2015 05/29/15 Sold $629,900 0.0% $183 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $629,900 -- $183 / 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 $15,032 $866,400 $301,000 $565,400
2023 $14,287 $866,400 $301,000 $565,400
2022 $14,252 $866,400 $301,000 $565,400
2021 $14,591 $719,100 $225,300 $493,800
2020 $14,483 $719,100 $225,300 $493,800
2018 $14,641 $655,100 $220,400 $434,700
2017 $14,347 $655,100 $220,400 $434,700
2016 $13,565 $628,000 $220,400 $407,600
2015 $16,751 $711,900 $210,500 $501,400
2014 -- $210,500 $210,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Israel

    Seller's Agent in 2023

    Christina Israel

    June Realty

    (401) 787-1281

    2 in this area

    51 Total Sales

    Section Image
  • Keri LaMontagne Croteau

    Buyer's Agent in 2023

    Keri LaMontagne Croteau

    LaMontagne Real Estate

    (401) 533-0373

    4 in this area

    89 Total Sales

    Section Image
  • Karl Martone

    Seller's Agent in 2015

    Karl Martone

    RE/MAX Properties

    (401) 232-3900

    6 in this area

    334 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    Jeremy Krause

    Residential Properties Ltd.

    (508) 740-8983

    28 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1334674

State-Wide MLS

APN: LINC-000026-001290-000000

Rhode Island Providence County Lincoln 02865 Central Lincoln

1 Presidential Way, Lincoln, RI

This home is located at 1 Presidential Way, Lincoln, RI 02865 since 03 May 2023 and is currently estimated at $1,178,409, approximately $232 per square foot. This property was built in 2014. 1 Presidential Way is a home located in Providence County with nearby schools including Lincoln Senior High School.

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