NOT LISTED FOR SALE

12 Shippee Schoolhouse Rd Foster, RI 02825

Estimated Value: $403,000 - $464,669

1 Bed
1 Bath
720 Sq Ft
$610/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $360,000 $500 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,097/month

9 Days on Market

Highlights

  • Barn
  • 4.87 Acre Lot
  • Baseboard Heating
  • Ponaganset Middle School Rated A-
  • 1 Car Attached Garage
  • Heating System Uses Steam

About This Home

As of April 2022

Rustic Ranch home on a beautiful 5-acre property among farms, forests and old stone walls of Foster. Set in a wooded area abutting conservation property. Comfortable one level house featuring an open layout. Living area includes Kitchen, Dining Area, Living Room and boasts a brick hearth for a wood stove. Kitchen offers plenty of counter space and vintage wood cabinets. 1 bedroom with space for more. Full bath, big storage closet. Large partially finished attached garage makes a great playroom, workshop with 200amp service or space for more bedrooms. Full unfinished basement provides expansive storage plus more space for bedrooms. Included is an incredible, exceptionally well-built 2880 sq. foot garage on quality foundation with floor, 20'+ ceiling with exposed rafters, recently replaced steel siding, 2 bay doors, one with an automatic door, recently installed. The building is large enough to hold several vehicles, boats, heavy equipment, etc; excellent rental potential or location for a shop or business. Adjacent is a parking area that can accommodate almost any RV or boat. Near entrance to property is another barn at 207 sq. ft. Plenty of space for gardens, outdoor fun and family gatherings. The ideal setting for a peaceful homestead among the pines!

Last Agent to Sell the Property

Debra Jobin

RE/MAX River's Edge - Bristol License #RES.0030277 Listed on: 01/31/2022

RE/MAX River's Edge - Bristol

Last Buyer's Agent

John St Martin

Century 21 Limitless License #RES.0034630

Century 21 Limitless

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,390

Year Built

  • Built in 1979

Lot Details

  • 4.87

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Private Water Source
  • Oil Water Heater
  • Septic Tank

Additional Features

  • 4.87 Acre Lot
  • Barn

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 12SHIPPEESCHOOLHOUSERDFOST

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,390

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.8716
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1979
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Living Area: 720.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 21.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 212209.0
  • Parcel #: 12SHIPPEESCHOOLHOUSERDFOST
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5390.0
  • Tax Lot: 5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Thoin Kristen M
Bought by
Thoin Kristen M and Maidelis Meghan E
Current Estimated Value
$438,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$343,750
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$85,566

Purchase Details

Closed on
Dec 3, 2023
Sold by
Thoin Michael J and Thoin Kristen M
Bought by
Thoin Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$343,750
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$85,566

Purchase Details

Listed on
Jan 31, 2022
Closed on
Apr 5, 2022
Sold by
William W Grass T W and William Grass
Bought by
Fiske Andrew
Seller's Agent
Debra Jobin
RE/MAX River's Edge - Bristol
Buyer's Agent
John St Martin
Century 21 Limitless
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 15, 2022
Sold by
Frances J Grass T J and Frances Grass
Bought by
Frances J Grass T J and Frances Grass
Seller's Agent
Debra Jobin
RE/MAX River's Edge - Bristol
Buyer's Agent
John St Martin
Century 21 Limitless
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%

Purchase Details

Closed on
Dec 16, 2014
Sold by
Scanariato Cosimo and Scandarito Steven
Bought by
Scandarito Kenneth J and Mclane Jefferet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,190
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Thoin Kristen M -- None Available
Thoin Kristen M -- None Available
Thoin Kristen M -- None Available
Thoin Kristen M -- None Available
Fiske Andrew $360,000 None Available
Fiske Andrew $360,000 None Available
Frances J Grass T J -- None Available
Frances J Grass T J -- None Available
Scandarito Kenneth J $127,000 --
Scandarito Kenneth J $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maidolis Meghan E $79,000
Open Thoin Kristen M $350,000
Closed Thoin Kristen M $350,000
Previous Owner Scandarito Kenneth J $123,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $360,000 +10.8% $500 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $325,000 -1.5% $451 / Sq Ft
12/08/2017 12/08/17 Sold $330,000 -4.3% $163 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $345,000 -- $170 / 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 $8,459 $406,100 $127,700 $278,400
2023 $5,804 $256,000 $98,400 $157,600
2022 $5,626 $256,200 $98,600 $157,600
2021 $5,467 $256,200 $98,600 $157,600
2020 $5,391 $226,600 $85,800 $140,800
2018 $5,176 $226,600 $85,800 $140,800
2017 $5,027 $216,200 $85,800 $130,400
2015 $4,631 $216,200 $85,800 $130,400
2014 $4,439 $210,800 $85,800 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1302340

State-Wide MLS

APN: FOST-000013-000000-000005