NOT LISTED FOR SALE

116 Lantern Ln Exeter, RI 02822

Estimated Value: $664,000 - $703,000

4 Beds
2.5 Baths
2,432 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $521,500 $214 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,196/month

31 Days on Market

Highlights

  • Golf Course Community
  • Colonial Architecture
  • Cathedral Ceiling
  • Stony Lane Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2022

Amazing opportunity in Exeter, right over the North Kingstown Line off Stony Lane. This 4 bedroom well maintained colonial is ready for new owners. Located on a cul-de-sac neighborhood Stony Fort Acres, this one acre property offers so much privacy. The first floor is open with large eat-in-kitchen with bay window overlooking private rear yad, family room (open to rear mahogany deck)with brick fireplace with blower , dining room , formal living room, laundry and powder room complete the first floor. Second floor has all hardwoods floors, spacious master bedroom with sitting area or office and 3 other bedrooms. Windows are between 6-12 years old as well as some of the carpeting. The lower level is unfinished so you can use your imagination. Location is close to highway access, train station, schools, 20 minutes from Providence , beaches, URI & Newport.

Last Agent to Sell the Property

Ann McCrory

RI Real Estate Services License #RES.0028362 Listed on: 04/13/2022

RI Real Estate Services

Last Buyer's Agent

Amy Doorley-Lucas

Mott & Chace Sotheby's Intl. License #RES.0031701

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,901

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,432 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Tankless Water Heater
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2/7
  • Assessor Parcel Number 116LANTERNLANEEXET

Community Details

Overview

  • Off Stony Lane Stony Fort Acres Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,901

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Subdivision Name: off Stony Lane Stony Fort Acres
  • Above Grade Finished Sq Ft: 2432.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 2432.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 116LANTERNLANEEXET
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4901.0
  • Tax Lot: 2/7
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Aug 30, 2022
Sold by
Gardner Mary K
Bought by
Gharavi Justin and Gharavi Elizabeth
Seller's Agent
Ann McCrory
RI Real Estate Services
Buyer's Agent
Amy Doorley-Lucas
Mott & Chace Sotheby's Intl.
List Price
$492,200
Sold Price
$521,500
Premium/Discount to List
$29,300
5.95%
Views
15
Current Estimated Value
$684,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,449
Avg. Annual Appreciation
8.51%
Original Mortgage
$505,855
Outstanding Balance
$483,086
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$201,863
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gharavi Justin $521,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gharavi Justin $505,855
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $521,500 +6.0% $214 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $492,200 -- $202 / 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
2025 $7,289 $494,200 $164,500 $329,700
2024 $5,678 $494,200 $164,500 $329,700
2023 $5,097 $357,200 $118,400 $238,800
2022 $4,979 $357,200 $118,400 $238,800
2021 $4,901 $357,200 $118,400 $238,800
2020 $4,755 $305,400 $92,400 $213,000
2019 $4,792 $305,400 $92,400 $213,000
2018 $4,700 $305,400 $92,400 $213,000
2017 $4,648 $286,400 $93,700 $192,700
2016 $4,565 $286,400 $93,700 $192,700
2015 $4,402 $286,400 $93,700 $192,700
2014 $4,303 $294,100 $92,400 $201,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1307553

State-Wide MLS

APN: EXET-000026-000002-000007