NOT LISTED FOR SALE

1038 South Rd East Greenwich, RI 02818

Frenchtown Neighborhood

Estimated Value: $640,000 - $735,000

3 Beds
2 Baths
1,528 Sq Ft
$440/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $539,000 $353 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,349/month

54 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.92 Acre Lot
  • Wood Flooring
  • James H. Eldredge Elementary School Rated A
  • Wooded Lot
  • Attic

About This Home

As of August 2022

Enjoy single level living in this 3-bedroom, 2 bath home featuring hardwood floors, fireplaced living room, spacious kitchen and dining areas, oversized family room, and master bedroom with en suite bathroom, all set on almost 3 acres. A walkout lower level that offers a perfect space for potential home office/guest suite/in-law. This well maintained home has had many upgrades, including septic system, heating and AC system, windows, roof, paved driveway, exterior paint and more.

Last Listed By

Steven Rei

RI Real Estate Services License #RES.0033589 Listed on: 06/27/2022

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,921

Year Built

  • Built in 1960

Lot Details

  • 2.92 Acre Lot
  • Wooded Lot

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Permanent Attic Stairs
  • Security System Owned

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Outbuilding
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 1038SOUTHRDEGRN

Community Details

Overview

  • South Road Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,921

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 2.92
  • Subdivision Name: South Road
  • Above Grade Finished Sq Ft: 1528.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Exhaust Fan, Oil Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Living Area: 1528.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Heat Pump, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 127195.0
  • Parcel #: 1038SOUTHRDEGRN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5921.0
  • Tax Lot: 83
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 26, 2022
Sold by
South Road Property Mgmt
Bought by
Cohoon Gordon R and Cohoon Laurie L
Seller's Agent
Steven Rei
RI Real Estate Services
Buyer's Agent
Matt Phipps
Compass / Lila Delman Compass
List Price
$569,000
Sold Price
$539,000
Premium/Discount to List
-$30,000
-5.27%
Total Days on Market
54
Views
1
Current Estimated Value
$672,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,225
Avg. Annual Appreciation
8.36%
Original Mortgage
$179,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2012
Sold by
Guertin Michael R and Aitcheson Susan E
Bought by
South Rd 2 Llc

Purchase Details

Closed on
May 15, 2012
Sold by
Guertin Michael R and Aitcheson Susan E
Bought by
South Rd 2 Llc

Purchase Details

Closed on
Oct 26, 2006
Sold by
Brookfield Dev
Bought by
Barone Craig S and Barone Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
Walter Johnson J E Est
Bought by
Sawyer Wayne O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,900
Interest Rate
6.34%
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
Cohoon Gordon R $539,000 None Available
South Rd 2 Llc -- --
South Rd 2 Llc -- --
Barone Craig S $397,000 --
Sawyer Wayne O $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohoon Laurie L $200,000
Closed Cohoon Gordon R $179,000
Previous Owner Sawyer Wayne O $316,000
Previous Owner Sawyer Wayne O $79,000
Previous Owner Sawyer Wayne O $323,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $539,000 -5.3% $353 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $569,000 -- $372 / 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 $7,044 $478,200 $205,600 $272,600
2023 $6,157 $281,800 $141,800 $140,000
2022 $6,036 $281,800 $141,800 $140,000
2021 $5,921 $281,800 $141,800 $140,000
2020 $7,072 $268,100 $140,200 $127,900
2019 $6,223 $268,100 $140,200 $127,900
2018 $6,166 $268,100 $140,200 $127,900
2017 $6,386 $269,900 $166,800 $103,100
2016 $6,548 $271,800 $168,700 $103,100
2015 $6,322 $271,800 $168,700 $103,100
2014 $5,973 $256,800 $149,800 $107,000
Source: Public Records

Agents Affiliated with this Home

  • Steven Rei

    Seller's Agent in 2022

    Steven Rei

    RI Real Estate Services

    (401) 932-5507

    4 in this area

    58 Total Sales

    Steven Rei
    Section Image
  • Matt Phipps

    Buyer's Agent in 2022

    Matt Phipps

    Compass / Lila Delman Compass

    (401) 640-0071

    12 in this area

    317 Total Sales

    Matt Phipps
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1314116

State-Wide MLS

APN: EGRE-000009-000019-000083

Rhode Island Kent County East Greenwich 02818 Frenchtown

1038 South Rd, East Greenwich, RI

Homes for Sale in East Greenwich, RI

This home is located at 1038 South Rd, East Greenwich, RI 02818 since 27 June 2022 and is currently estimated at $672,225, approximately $439 per square foot. This property was built in 1960. 1038 South Rd is a home located in Kent County with nearby schools including James H. Eldredge Elementary School, East Greenwich High School, and Montessori Of Greenwich Bay.

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