NOT LISTED FOR SALE

119 Lake Dr Chepachet, RI 02814

Estimated Value: $543,508 - $779,000

2 Beds
1 Bath
1,292 Sq Ft
$480/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $410,000 $317 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,807/month

16 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Ductless Heating Or Cooling System
  • West Glocester Elementary School Rated A-
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of September 2020

Stunning waterfront views of Echo Lake/Pascoag Reservoir! Updated regular septic system & drilled well. Oversized 2 bed 1 bath waterfront home with a separate laundry room, formal living room with hardwoods & pellet stove, dining room, & lakefront living room. Large cabana & deck down by the lake for additional recreational space. Custom benches and swing built right into the lakeside deck. Outdoor shower. Level lot with sandy beach and dock. Plenty of space for all of your water toys! Safely tucked behind the island so you can swim and float without issue. Ductless AC system to keep your house cool on those scorching summer days!

Last Agent to Sell the Property

Jeremy Bailey

SkyView Realty License #REB.0019032 Listed on: 07/29/2020

Last Buyer's Agent

Spectrum Real Estate Consultants T

Keller Williams Leading Edge

Keller Williams Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,294

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Water Views
  • Unfinished Basement
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Echo Lake / Pascoag Reservoir Subdivision

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number 119LAKEDRGLOC

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,294

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Echo Lake / Pascoag Reservoir
  • Above Grade Finished Sq Ft: 1292.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 1292.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, Water Access, Waterfront, Walk to Water
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 119LAKEDRGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5294.0
  • Tax Lot: 012
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 10, 2020
Sold by
Rice Robert J and Rice Jennifer M
Bought by
Grenier Debra G
Seller's Agent
Jeremy Bailey
SkyView Realty
Buyer's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$619,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,877
Avg. Annual Appreciation
8.29%
Original Mortgage
$230,000
Outstanding Balance
$204,110
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$415,767

Purchase Details

Closed on
Oct 22, 2010
Sold by
King Andrew B
Bought by
Melia-Rice Jennifer and Rice Robert Joseph

Purchase Details

Closed on
Feb 1, 1994
Sold by
Sisak Dudley M and Sisak Lee
Bought by
King Andrew B and King Gisele
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
Grenier Debra G $410,000 None Available
Melia-Rice Jennifer -- --
King Andrew B $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grenier Debra G $230,000
Previous Owner King Andrew B $186,000
Previous Owner King Andrew B $11,500
Previous Owner King Andrew B $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $410,000 +2.5% $317 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $399,900 -- $310 / 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 $6,671 $467,800 $287,100 $180,700
2024 $6,484 $467,800 $287,100 $180,700
2023 $6,666 $467,800 $287,100 $180,700
2022 $5,302 $283,700 $152,400 $131,300
2021 $5,231 $283,700 $152,400 $131,300
2020 $5,295 $290,600 $152,400 $138,200
2018 $5,286 $264,300 $149,400 $114,900
2017 $5,294 $268,300 $149,400 $118,900
2016 $4,512 $201,000 $101,700 $99,300
2015 $4,446 $201,000 $101,700 $99,300
2014 $4,376 $201,000 $101,700 $99,300
2013 $5,200 $244,800 $140,000 $104,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1260191

State-Wide MLS

APN: GLOC-000000-000000-P000000LB-000012