Seller's Agent in 2025
Matt Phipps
Compass
(401) 640-0071
10 in this area
303 Total Sales
1038 South Rd East Greenwich, RI 02818
Frenchtown Neighborhood
3
Beds
2
Baths
1,528
Sq Ft
2.92
Acres
Highlights
- Marina
- 2.92 Acre Lot
- Wood Flooring
- James H. Eldredge Elementary School Rated A
- Wooded Lot
- Attic
About This Home
As of July 2025Enjoy comfortable single-level living in this 3-bedroom, 2-bathroom ranch home set on almost three acres of private, park-like land. This special property features an open and inviting floor plan with hardwood floors throughout, fireplaced living room, spacious updated kitchen, dining area, comfortable family room, and primary bedroom with en suite bathroom. The full, walkout lower level offers versatile space perfect for home office, workout or play area, guest suite/in-law, and more. A large, new deck overlooking the backyard offers additional space to relax, entertain and enjoy life. The grounds include multiple outbuildings with many possibilities including storage, studio space, play area and more. This well-maintained home has many upgrades including exterior paint, extensive landscaping, windows, septic system, basement mini-split system, paved driveway, and more. Set on a massive, idyllic lot in a great location just a short ride from all that East Greenwich, and Rhode Island, has to offer, 1038 South Road is not to be missed! Please submit best and final by Saturday 28 June 2025 at 6 PM on RIAR purchase and sales agreement.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,044
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
- Home Office
- Game Room
- Storage Room
- Utility Room
- Home Gym
- Permanent Attic Stairs
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Utilities
- Ductless Heating Or Cooling System
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Heat Pump System
- Baseboard Heating
- 200+ Amp Service
- Private Water Source
- Well
- Oil Water Heater
- Septic Tank
Additional Features
- Outbuilding
- Property near a hospital
Listing and Financial Details
- Tax Lot 83
- Assessor Parcel Number 1038SOUTHRDEGRN
Community Details
Recreation
- Marina
- Recreation Facilities
Additional Features
- South Road Subdivision
- Restaurant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2025
Closed on
Jul 25, 2025
Sold by
Cohoon Gordon R and Cohoon Laurie L
Bought by
Milan Mark T
Seller's Agent
Matt Phipps
Compass
Buyer's Agent
Gordon King
Hogan Associates Christie's
List Price
$650,000
Sold Price
$690,925
Premium/Discount to List
$40,925
6.3%
Views
76
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
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
List Price
$569,000
Sold Price
$539,000
Premium/Discount to List
-$30,000
-5.27%
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $690,925 | -- | |
| Warranty Deed | $690,925 | -- | |
| Warranty Deed | $539,000 | None Available | |
| Warranty Deed | $539,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $397,000 | -- | |
| Deed | $397,000 | -- | |
| Deed | $360,000 | -- | |
| Deed | $360,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $179,000 | Purchase Money Mortgage | |
| Previous Owner | $316,000 | Purchase Money Mortgage | |
| Previous Owner | $79,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Sold | $690,925 | +6.3% | $452 / Sq Ft |
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | For Sale | $650,000 | +20.6% | $425 / Sq Ft |
| 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
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
-
Matt Phipps
-
Gordon King
Buyer's Agent in 2025
Gordon King
Hogan Associates Christie's
(401) 924-1774
1 in this area
48 Total Sales
-
Steven Rei
Seller's Agent in 2022
Steven Rei
RI Real Estate Services
(401) 932-5507
4 in this area
55 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1388025
APN: EGRE-000009-000019-000083
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