NOT LISTED FOR SALE

12 Cedar Way Cumberland, RI 02864

Ashton Neighborhood

Estimated Value: $546,976 - $606,000

3 Beds
2 Baths
1,803 Sq Ft
$324/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $430,000 $238 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,486/month

9 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Thermal Windows
  • Ashton Elementary School Rated A-
  • 2 Car Detached Garage
  • Bathtub with Shower

About This Home

As of November 2022

Spacious dormered Cape with great potential!! Featuring 3 bedrooms, 2 baths, formal dining room, living room, family room with fireplace and cathedrals, Florida room, sun porch, inground pool, 2 car garage, 16,000+sf lot, hardwoods, tile and granite. Needs some work but well worth the effort!! Property is being sold in "as is" condition!! Easy highway access!!

Last Agent to Sell the Property

Jeffrey Mateus

Mateus Realty License #REB.0010617 Listed on: 10/15/2022

Last Buyer's Agent

Kathy Bain Farrell

RE/MAX Town & Country

RE/MAX Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,803

Year Built

  • Built in 1962

Lot Details

  • 0.38 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,803 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Thermal Windows

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 146
  • Assessor Parcel Number 12CEDARWYCUMB

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,803

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3788
  • Above Grade Finished Sq Ft: 1803.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1803.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard, Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16500.0
  • Parcel #: 12CEDARWYCUMB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4803.0
  • Tax Lot: 146
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Nov 21, 2022
Sold by
Despinosa Jean
Bought by
Geraldes Edward
Seller's Agent
Jeffrey Mateus
Mateus Realty
Buyer's Agent
Kathy Bain Farrell
RE/MAX Town & Country
List Price
$439,900
Sold Price
$430,000
Premium/Discount to List
-$9,900
-2.25%
Views
39
Current Estimated Value
$584,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,494
Avg. Annual Appreciation
10.77%
Original Mortgage
$408,500
Outstanding Balance
$394,983
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,511

Purchase Details

Listed on
Oct 15, 2022
Closed on
Oct 31, 2022
Sold by
Despinosa Jean and Strassenburg Gary A
Bought by
Despinosa Jean
Seller's Agent
Jeffrey Mateus
Mateus Realty
Buyer's Agent
Kathy Bain Farrell
RE/MAX Town & Country
List Price
$439,900
Sold Price
$430,000
Premium/Discount to List
-$9,900
-2.25%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,500
Outstanding Balance
$394,983
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,511

Purchase Details

Listed on
May 26, 2015
Closed on
Jan 15, 2016
Sold by
Deneault Roland E and Denault Sheila
Bought by
Despinosa Jean and Strassenburg Gary A
Seller's Agent
Carol LaMontagne
LaMontagne Real Estate
Buyer's Agent
Markham And Derentis Associates
Residential Properties Ltd.
List Price
$339,000
Sold Price
$320,000
Premium/Discount to List
-$19,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$289,987
Interest Rate
3.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Geraldes Edward $430,000 None Available
Despinosa Jean -- None Available
Despinosa Jean $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geraldes Edward $408,500
Previous Owner Despinosa Jean $289,987
Previous Owner Despinosa Jean $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2022 11/21/22 Sold $430,000 -2.3% $238 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $439,900 +37.5% $244 / Sq Ft
01/15/2016 01/15/16 Sold $320,000 -5.6% $143 / Sq Ft View Prior Sale
12/16/2015 12/16/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $339,000 -- $152 / 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 $5,043 $411,000 $121,200 $289,800
2024 $4,911 $411,000 $121,200 $289,800
2023 $4,776 $411,000 $121,200 $289,800
2022 $4,803 $320,400 $93,700 $226,700
2021 $4,723 $320,400 $93,700 $226,700
2020 $4,588 $320,400 $93,700 $226,700
2019 $4,856 $305,800 $110,000 $195,800
2018 $607 $305,800 $110,000 $195,800
2017 $4,651 $305,800 $110,000 $195,800
2016 $4,395 $257,300 $110,700 $146,600
2015 $4,395 $257,300 $110,700 $146,600
2014 $3,699 $257,300 $110,700 $146,600
2013 $4,417 $279,900 $110,900 $169,000
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Mateus

    Seller's Agent in 2022

    Jeffrey Mateus

    Mateus Realty

    (401) 447-9459

    1 in this area

    425 Total Sales

    Jeffrey Mateus
    Section Image
  • Kathy Bain Farrell

    Buyer's Agent in 2022

    Kathy Bain Farrell

    RE/MAX Town & Country

    (401) 374-1211

    7 in this area

    524 Total Sales

    Kathy Bain Farrell
    Section Image
  • Patty Bain Healy

    Buyer Co-Listing Agent in 2022

    Patty Bain Healy

    RE/MAX Town & Country

    (781) 413-4452

    1 in this area

    83 Total Sales

    Patty Bain Healy
    Section Image
  • Carol LaMontagne

    Seller's Agent in 2016

    Carol LaMontagne

    LaMontagne Real Estate

    (401) 465-8201

    54 Total Sales

    Carol LaMontagne
    Section Image

  • M

    Buyer's Agent in 2016

    Markham And Derentis Associates

    Residential Properties Ltd.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1322275

State-Wide MLS

APN: CUMB-000039-000146-000000

Rhode Island Providence County Cumberland 02864 Ashton

12 Cedar Way, Cumberland, RI

Not Listed for Sale

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