$525,000
SOLD OCT 27, 2020 RENTED AUG 21, 2025

125 Cedar Rd Charlestown, RI 02813

5 Beds
3 Baths
2,202 Sq Ft
0.36 Acres

Recently Sold

$238 Per Sq Ft

1% Above List Price

29 Days on Market

Highlights

  • Marina
  • Beach Access
  • Wood Flooring
  • Chariho High School Rated 10
  • Golf Course Community
  • Attic

About This Home

As of October 2020

Unique parcel in the highly sought after Ocean Ridge neighborhood is now on the market. There is a main home and a cottage with an attached garage adjoining the two homes. The main home allows you to gather in the open area: living room, (cathedral ceiling, skylights, brick fireplace) dining room and kitchen area or spend time entertaining family and friends in the lovely backyard with large deck. There are three bedrooms and two bathrooms, one bath located in the master bedroom and there are hardwood and tile flooring throughout. The cottage features a living room, kitchen, two bedrooms, and one full bath. Each unit has separate basements and utilities. Improvements over the years includes a new 5 bedroom septic system, newer boilers with maintenance contract in place that conveys to new owners, newer oil tank in cottage and newer hot water heaters. All of this plus the two car garage! Property is within walking distance to Green Hill pond. Enjoy access to the ORCA Boat Launch, private beach, picnic pavilion and water access. Perfect for investment, vacation or year-round use. This home is ready for a new family to revitalize and enjoy! Fully rented summer/winter potential of over $55,000 which makes this a truly great investment opportunity!

Last Agent to Sell the Property

Susan Queno

Keller Williams Coastal License #RES.0043958 Listed on: 08/28/2020

Keller Williams Coastal

Last Buyer's Agent

Susan Queno

Keller Williams Coastal License #RES.0043958 Listed on: 08/28/2020

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 1960

Lot Details

  • 0.36 Acre Lot

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,202 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 125125BCEDARRDCHAR

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Ocean Ridge South Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,461

Year Built

Built in 1960

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Subdivision Name: Ocean Ridge South
  • Above Grade Finished Sq Ft: 2202.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1960
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Bathtub, Tub Shower, Cable TV
  • Dining Room Type: Laundry
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Dock Access, Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • 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: 10.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Marina, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 55.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15582.0
  • Parcel #: 125125BCEDARRDCHAR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3461.0
  • Tax Lot: 105
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 6, 2020
Sold by
Gower Joseph F and Gower Robin A
Bought by
Roderick Christopher
Seller's Agent
Susan Queno
Keller Williams Coastal
Buyer's Agent
Susan Queno
Keller Williams Coastal
List Price
$519,900
Sold Price
$525,000
Premium/Discount to List
$5,100
0.98%
Current Estimated Value
$662,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,344
Avg. Annual Appreciation
4.83%
Original Mortgage
$200,000
Outstanding Balance
$177,565
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$484,779

Purchase Details

Closed on
Mar 17, 2003
Sold by
Petrucci Joseph A and Petrucci Catherine T
Bought by
Gower Joseph F and Gower Robin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
5.94%
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 Type Sale Price Title Company
Warranty Deed $525,000 None Available
Deed $395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $276,500 No Value Available
Previous Owner $39,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Rented $2,150 0.0% --
07/31/2025 07/31/25 Price Changed $2,150 +13.2% $1 / Sq Ft
05/20/2025 05/20/25 Price Changed $1,900 -5.0% $1 / Sq Ft
04/11/2025 04/11/25 For Rent $2,000 +5.3% --
09/04/2024 09/04/24 Rented $1,900 0.0% --
02/13/2024 02/13/24 For Rent $1,900 0.0% --
08/11/2023 08/11/23 Rented $1,900 0.0% --
02/18/2023 02/18/23 For Rent $1,900 0.0% --
05/17/2022 05/17/22 Rented $1,900 0.0% --
05/05/2022 05/05/22 Price Changed $1,900 0.0% $1 / Sq Ft
12/31/2021 12/31/21 For Rent $1,900 +18.8% --
08/26/2021 08/26/21 Rented $1,600 -15.8% --
07/27/2021 07/27/21 Under Contract -- -- --
06/16/2021 06/16/21 For Rent $1,900 0.0% --
10/27/2020 10/27/20 Sold $525,000 +1.0% $238 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $519,900 -- $236 / 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 $3,384 $570,700 $291,300 $279,400
2024 $3,299 $570,700 $291,300 $279,400
2023 $3,276 $570,700 $291,300 $279,400
2022 $3,247 $397,400 $194,200 $203,200
2021 $3,251 $397,400 $194,200 $203,200
2020 $3,271 $397,400 $194,200 $203,200
2019 $3,461 $375,000 $194,200 $180,800
2018 $3,615 $375,000 $194,200 $180,800
2017 $3,596 $375,000 $194,200 $180,800
2016 $3,755 $367,800 $185,000 $182,800
2015 $3,718 $367,800 $185,000 $182,800
2014 $3,641 $367,800 $185,000 $182,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1262419

State-Wide MLS

APN: CHAR-000011-000000-000398