NOT LISTED FOR SALE

11 Oil Mill Ln Chepachet, RI 02814

Estimated Value: $289,000 - $437,322

4 Beds
2 Baths
1,470 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $251,700 $171 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,421/month

101 Days on Market

Highlights

  • Golf Course Community
  • River Access
  • Wood Flooring
  • Fogarty Memorial School Rated A-
  • Cape Cod Architecture
  • 5 Fireplaces

About This Home

As of August 2023

Circa 1850 Greek Revival Cape needs to be restored. 4 beds, 2 baths, 6 fireplaces ready to open and restored and 3 chimneys. Wide pine floors on second floor and oak flooring on first floor. Early hardware and doors throughout. Village setting in Chepachet with brick sidewalks and historic lighting. Lot is one of the largest (.67 acres) in village with rose bushes, perennials and mature trees. Small ell is not counted in square footage of home which was probably built before 1850 and has fireplace with bake oven. Cut granite stone entrances with boot scraper. Walk to antique shops, stores and restaurants. Same family for over 100 years. Cesspool and well. Lots of restoration going on in area. Flowerpot on front lawn does not stay with sale. antique home. No FHA or VA loan. Cash sale preferred. Highest and best by Tuesday June 20-5pm

Last Agent to Sell the Property

Jeanne Haroian

RE/MAX Professionals License #REB.0010813 Listed on: 04/03/2023

RE/MAX Professionals

Last Buyer's Agent

Team KEY

KEY Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,309

Year Built

  • Built in 1850

Lot Details

  • 0.67 Acre Lot
  • Corner Lot

Home Design

  • Cape Cod Architecture
  • Antique Architecture
  • Stone Foundation
  • Wood Siding
  • Clapboard

Interior Spaces

  • 1,470 Sq Ft Home
  • 2-Story Property
  • 5 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • River Access

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • 100 Amp Service
  • Well
  • Water Heater
  • Cesspool

Listing and Financial Details

  • Tax Lot 075
  • Assessor Parcel Number 11OILMILLLANEGLOC

Community Details

Amenities

  • Shops

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,309

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Above Grade Finished Sq Ft: 1470.0
  • Architectural Style: Cape Cod, Historic/Antique
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1850
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Hardwood, Wood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 1470.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: River Access
  • Construction Type: Drywall, Clapboard, Wood Siding
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29185.0
  • Parcel #: 11OILMILLLANEGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4309.0
  • Tax Lot: 075
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Aug 3, 2023
Sold by
Steere Brenda
Bought by
Orourke James and Romanova Olena
Seller's Agent
Jeanne Haroian
RE/MAX Professionals
Buyer's Agent
Team KEY
KEY Real Estate Services
List Price
$299,900
Sold Price
$251,700
Premium/Discount to List
-$48,200
-16.07%
Views
483
Current Estimated Value
$376,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,131
Avg. Annual Appreciation
22.69%
Original Mortgage
$239,115
Outstanding Balance
$234,471
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$149,869
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Orourke James $251,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orourke James $239,115
Previous Owner Stott Astrid F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $251,700 +0.7% $171 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $250,000 -13.8% $170 / Sq Ft
05/15/2023 05/15/23 Price Changed $289,900 -3.3% $197 / Sq Ft
04/03/2023 04/03/23 For Sale $299,900 -- $204 / 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 $4,417 $318,700 $102,100 $216,600
2023 $4,541 $318,700 $102,100 $216,600
2022 $4,005 $217,200 $66,500 $150,700
2021 $4,005 $217,200 $66,500 $150,700
2020 $3,957 $217,200 $66,500 $150,700
2018 $4,000 $200,000 $49,300 $150,700
2017 $3,946 $200,000 $49,300 $150,700
2016 $3,614 $161,000 $43,600 $117,400
2015 $3,561 $161,000 $43,600 $117,400
2014 $3,505 $161,000 $43,600 $117,400
2013 $3,392 $159,700 $50,800 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1332689

State-Wide MLS

APN: GLOC-000000-000000-000010A-000075