Seller's Agent in 2019
Scott McGee
RE/MAX Properties
(401) 639-2906
101 in this area
1,011 Total Sales
1204 Pound Hill Rd North Smithfield, RI 02896
Estimated Value: $684,631
4
Beds
7
Baths
7,993
Sq Ft
$86/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Horses Allowed On Property
- Deck
- North Smithfield Middle School Rated A-
- 7.39 Acre Lot
- Private Lot
About This Home
As of August 2019Zoned Residential Agricultural - this property could be your dream home. Sitting on a beautiful 7.39 acres of secluded pines, most of the interior was renovated in the last 5-8 years. Tons of parking and large, peaceful grounds that could host weddings and other functions. Truly a gem, super investment, just needs you! Large, unfinished back area with additional space to help make this once restaurant into a super cool conversion to a single family home. Endless possibilities to also transform into a single family with in-law or a live in home with business. Great horse farm potential, too. *Not set up as a home, currently set up for restaurant use. Call for details!
Last Buyer's Agent
Paul Fournier
HNR Associates License #RES.0030083
Home Details
Home Type
- Single Family
Year Built
- Built in 1936
Lot Details
- 7.39 Acre Lot
- Private Lot
- Secluded Lot
- Paved or Partially Paved Lot
Home Design
- Combination Foundation
- Wood Siding
- Vinyl Siding
- Plaster
Interior Spaces
- 2-Story Property
- Wet Bar
- Dry Bar
- Cathedral Ceiling
- Stone Fireplace
- Attic
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 7 Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 30 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Deck
- Outbuilding
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Heating System Uses Propane
- 440 Volts
- Well
- Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 095
- Assessor Parcel Number 1204POUNDHILLRDNSMF
Community Details
Recreation
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Additional Features
- Pound Hill Road Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2025
Sold by
Rpa Services Llc
Bought by
47 Pines Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Outstanding Balance
$2,731,451
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$2,047,381
Purchase Details
Closed on
Mar 29, 2024
Sold by
Pines Events & Promotions
Bought by
Rpa Services Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 17, 2018
Closed on
Aug 13, 2019
Sold by
Kita Realty Llc
Bought by
Pines Events & Promotions
Seller's Agent
Scott McGee
RE/MAX Properties
Buyer's Agent
Paul Fournier
HNR Associates
List Price
$499,900
Sold Price
$425,000
Premium/Discount to List
-$74,900
-14.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Purchase Details
Closed on
Apr 24, 2019
Sold by
Kita Realty Llc
Bought by
Homewood Acres Rigp
Purchase Details
Closed on
Apr 24, 2012
Sold by
Pines Props Llc
Bought by
Kita Realty Llc
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
Interest Rate
3.89%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 47 Pines Llc | -- | None Available | |
| 47 Pines Llc | -- | None Available | |
| Rpa Services Llc | $650,000 | None Available | |
| Rpa Services Llc | $650,000 | None Available | |
| Pines Events & Promotions | $425,000 | -- | |
| Pines Events & Promotions | $425,000 | -- | |
| Homewood Acres Rigp | $14,530 | -- | |
| Homewood Acres Rigp | $14,530 | -- | |
| Kita Realty Llc | $595,000 | -- | |
| Kita Realty Llc | $595,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 47 Pines Llc | $2,750,000 | |
| Closed | 47 Pines Llc | $2,750,000 | |
| Previous Owner | Rpa Services Llc | $100,000 | |
| Previous Owner | Kita Realty Llc | $12,368 | |
| Previous Owner | Kita Realty Llc | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2019 08/13/19 | Sold | $425,000 | -15.0% | $53 / Sq Ft |
| 07/14/2019 07/14/19 | Pending | -- | -- | -- |
| 10/17/2018 10/17/18 | For Sale | $499,900 | -- | $63 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $12,744 | $623,800 | $168,500 | $455,300 |
| 2023 | $12,102 | $623,800 | $168,500 | $455,300 |
| 2022 | $11,815 | $623,800 | $168,500 | $455,300 |
| 2021 | $12,175 | $627,900 | $167,800 | $460,100 |
| 2020 | $12,169 | $627,900 | $167,800 | $460,100 |
| 2019 | $11,848 | $627,900 | $167,800 | $460,100 |
| 2018 | $8,467 | $442,600 | $180,000 | $262,600 |
| 2017 | $8,259 | $442,600 | $180,000 | $262,600 |
| 2016 | $8,038 | $442,600 | $180,000 | $262,600 |
| 2015 | $8,560 | $462,700 | $212,800 | $249,900 |
| 2014 | $8,222 | $462,700 | $212,800 | $249,900 |
Source: Public Records
Agents Affiliated with this Home
-
Scott McGee
-
P
Buyer's Agent in 2019
Paul Fournier
HNR Associates
Map
Source: State-Wide MLS
MLS Number: 1207345
APN: NSMI-000007-000000-000095
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