$890,000
SOLD APR 4, 2025

116 Ridge Dr Exeter, RI 02822

4 Beds
2.5 Baths
2,862 Sq Ft
3 Acres

Recently Sold

$311 Per Sq Ft

1% Below List Price

48 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Colonial Architecture
  • Metcalf School Rated A-
  • 3 Acre Lot
  • Wooded Lot

About This Home

As of April 2025

Welcome to The Forest Hills community. Tranquility abounds here at Ridge Drive; this well maintained, lovingly cared for home offers abundant space inside and out. The entrance opens into a bright high ceiling hallway and reception area, which leads to the spacious first floor living space, which includes many updates. A warm inviting family room with pellet stove opens into the 2019 updated kitchen full of natural light, Silestone counter tops, newer appliances, great cupboards & storage. Perfect for hosting family & friends and entertaining with views onto the wooded back yard. Don't miss the newly renovate three season room, a great bonus room. Beautiful Red Cedar hardwoods throughout, compliment the homes d cor. A formal dining & living room with large windows onto the yard complete the first floor. A perfect spot for your morning coffee. Upstairs offers an open, well-lit landing with four large bedrooms & full bathroom. The primary bedroom has a beautiful ensuite bathroom which was updated 3 years ago, walk in closet and tons of space. One bedroom is currently set up as an office. A large landscaped yard, surrounded by mature trees providing privacy, is great for hosting get togethers, BBQs, parties of all sorts or for just sitting and enjoying nature. Central location gives easy access to all of RI, you are less than 10 minutes from Rte 4 & I95, 30 minutes to the beaches and in easy reach of all amenities, from golf to shopping to great schools and more!

Last Agent to Sell the Property

Robin McGuigan

eXp Realty License #RES.0035689 Listed on: 02/11/2025

eXp Realty

Last Buyer's Agent

Adam Johnson

RI Real Estate Services License #RES.0047237

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,646

Year Built

  • Built in 1990

Lot Details

  • 3 Acre Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 2,862 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Wood Flooring
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 116RIDGEDREXET

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Forest Hills Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,646

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Subdivision Name: Forest Hills
  • Above Grade Finished Sq Ft: 2862.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Insert, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 2862.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System, Wooded
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Pellet Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 130680.0
  • Parcel #: 116RIDGEDREXET
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8646.0
  • Tax Lot: 19
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Mar 19, 2025
Sold by
Seitz Spencer J and Seitz Dawn Y
Bought by
Labbe Austin and Labbe Olivia
Seller's Agent
Robin McGuigan
eXp Realty
Buyer's Agent
Adam Johnson
RI Real Estate Services
List Price
$898,000
Sold Price
$890,000
Premium/Discount to List
-$8,000
-0.89%
Views
33
Current Estimated Value
$918,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,748
Avg. Annual Appreciation
4.65%
Original Mortgage
$845,500
Outstanding Balance
$839,674
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$79,074

Purchase Details

Closed on
Apr 11, 2003
Sold by
Ballou Michael L and Ballou Alice M
Bought by
Seitz Spencer J and Seitz Dawn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $890,000 None Available
Warranty Deed $890,000 None Available
Warranty Deed $890,000 None Available
Deed $450,000 --
Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $845,500 New Conventional
Closed $845,500 New Conventional
Previous Owner $200,000 No Value Available
Previous Owner $360,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $890,000 -0.9% $311 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $898,000 -- $314 / 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 $8,937 $605,900 $168,800 $437,100
2024 $6,962 $605,900 $168,800 $437,100
2023 $6,380 $447,100 $140,400 $306,700
2022 $6,233 $447,100 $140,400 $306,700
2021 $6,134 $447,100 $140,400 $306,700
2020 $6,482 $416,300 $131,500 $284,800
2019 $6,532 $416,300 $131,500 $284,800
2018 $6,407 $416,300 $131,500 $284,800
2017 $7,289 $449,100 $136,500 $312,600
2016 $7,159 $449,100 $136,500 $312,600
2015 $6,867 $446,800 $136,500 $310,300
2014 $6,616 $452,200 $128,800 $323,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1377986

State-Wide MLS

APN: EXET-000022-000002-000019