Seller's Agent in 2024
Carla Zimmerman
LPT Realty
(401) 489-8452
4 in this area
66 Total Sales
125 Lake Dr Chepachet, RI 02814
Estimated Value: $537,000 - $561,000
3
Beds
2
Baths
1,416
Sq Ft
$388/Sq Ft
Est. Value
Highlights
- Waterfront
- Deck
- Recreation Facilities
- West Glocester Elementary School Rated A-
- Wood Flooring
- Thermal Windows
About This Home
As of April 2024WATERFRONT ON ECHO LAKE! Picture yourself on a covered porch looking out at the lake all year! This 3 bedroom, 2 bath home is waiting for you! The double docks are ready for all of your water toys-motorized or not, and there's a nice sized lawn for lounging and entertaining by the water. Weather not cooperating? The living room and dining room have absolutely gorgeous views through the big picture windows and double french doors. Wood trim, craftsman style built-ins and light fixtures give the first floor that classic lake house look. The spacious kitchen with ample counter space is updated with lots of cupboards, including a pantry wall. The first floor also has a full bath and one bedroom. Upstairs, there are two bedrooms with beautiful views of the lake, a full bathroom, laundry and a twin sized sleeping nook for an extra guest. New roof, and gutters, freshly painted exterior, new furnace, and new septic! Lots of storage outside in the large shed, plenty of parking. Year round lakefront living, or vacation investment- this is a great opportunity to start living that lakefront lifestyle!
Last Agent to Sell the Property
LPT Realty License #RES.0035378 Listed on: 10/12/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,245
Year Built
- Built in 1950
Lot Details
- 5,663 Sq Ft Lot
- Waterfront
- Property is zoned 0020
HOA Fees
- $4 Monthly HOA Fees
Home Design
- Bungalow
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,416 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Unfinished Basement
- Crawl Space
- Storm Doors
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 6 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Water Access
- Deck
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Well
- Tankless Water Heater
- Oil Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot PLB11
- Assessor Parcel Number 125LAKEDRGLOC
Community Details
Overview
- Echo Lake Subdivision
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2023
Closed on
May 1, 2024
Sold by
Jones Ft and Jones
Bought by
Cappucci Karen A and Cappucci Frederick J
Seller's Agent
Carla Zimmerman
LPT Realty
Buyer's Agent
Karen Moreau
HomeSmart Professionals
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
388
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,230
Avg. Annual Appreciation
2.74%
Purchase Details
Closed on
Nov 16, 1999
Sold by
Monahan Patrick M and Monahan Marianne
Bought by
Garabedian John C and Garabedian Alison B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,100
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 11, 1994
Sold by
Lawrence Kevin P and Lawrence Lori
Bought by
Monahan Patrick M and Monahan Marianne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.51%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Cappucci Karen A | $525,000 | None Available | |
| Cappucci Karen A | $525,000 | None Available | |
| Garabedian John C | $104,000 | -- | |
| Garabedian John C | $104,000 | -- | |
| Monahan Patrick M | $100,000 | -- | |
| Monahan Patrick M | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lawrence Kevin P | $103,100 | |
| Previous Owner | Lawrence Kevin P | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $525,000 | -4.5% | $371 / Sq Ft |
| 04/23/2024 04/23/24 | Pending | -- | -- | -- |
| 03/06/2024 03/06/24 | For Sale | $550,000 | +4.8% | $388 / Sq Ft |
| 01/05/2024 01/05/24 | Off Market | $525,000 | -- | -- |
| 10/12/2023 10/12/23 | For Sale | $550,000 | -- | $388 / 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 | $6,075 | $438,300 | $279,100 | $159,200 |
| 2023 | $6,246 | $438,300 | $279,100 | $159,200 |
| 2022 | $4,964 | $265,600 | $148,100 | $117,500 |
| 2021 | $4,898 | $265,600 | $148,100 | $117,500 |
| 2020 | $4,839 | $265,600 | $148,100 | $117,500 |
| 2018 | $5,162 | $258,100 | $145,200 | $112,900 |
| 2017 | $5,171 | $262,100 | $145,200 | $116,900 |
| 2016 | $4,488 | $199,900 | $99,500 | $100,400 |
| 2015 | $4,422 | $199,900 | $99,500 | $100,400 |
| 2014 | $4,352 | $199,900 | $99,500 | $100,400 |
| 2013 | $5,074 | $238,900 | $140,000 | $98,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Karen Moreau
HomeSmart Professionals
(401) 862-6510
7 in this area
89 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1344839
APN: GLOC-000000-000000-P000000LB-000011
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