NOT LISTED FOR SALE

129 Mill St Cumberland, RI 02864

Valley Falls Neighborhood

Estimated Value: $489,033 - $681,000

0.13 Acre
$4,565,446 Price per Acre
5,662 Sq Ft Lot

Last Sold July 26, 2019

Last sale price $65,500

Est. 806% increase in value since last sale

Current estimated payment $3,511/month

67 Days on Market

Highlights

  • Golf Course Community
  • Tennis Courts
  • Shops
  • Cumberland High School Rated 9+
  • Public Transportation
  • Fenced

About This Lot

As of July 2019

LOT is ready to be built on. Located in a very convenient location in Valley Falls near MA line. Owner has Site Plan, approved 4 bed OWTS, Erosion and Sedimentation Plan, and Building Permit for a Multi Family Duplex. Zoned R-2, this lot can accept a 2 family as specified or a single family home. Water and Gas available in the street. The garage on lot is being removed by the owner.

Last Agent to Sell the Property

Kathy Bain Farrell

RE/MAX Town & Country Listed on: 04/19/2019

RE/MAX Town & Country

Co-Listed By

George Stansfield

RE/MAX Town & Country License #RES.0029150

Last Buyer's Agent

Thomas McNulty

E. A. McNulty Real Estate Grp License #REB.0014985

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $436

Lot Details

  • 5,662 Sq Ft Lot
  • Fenced
  • Level Lot
  • Finished Lot(s)
  • Property is zoned R-2, Multi-Family,Residential

Utilities

  • Municipal Utilities District
  • Phone Available

Listing and Financial Details

  • Tax Lot 0068
  • Assessor Parcel Number 129MILLSTCUMB

Community Details

Overview

  • Valley Falls Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$436

Lot Details

5,662 Sq Ft Lot

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: RMAX17
  • Co List Office Phone: 401-333-0020
  • Subdivision Name: Valley Falls
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family, Single Family

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Rolling Slope
  • Topography: Cleared,Level,Rolling
  • Disclosures: Septic Disclosure

Utilities

  • Sewer: Storm Sewer
  • Utilities: Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Street Lights
  • Senior Community: No

Lot Info

  • Current Use: Residential
  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 5662.0
  • Parcel #: 129MILLSTCUMB
  • Zoning Description: Multi-Family,Residential
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 436.0
  • Tax Lot: 0068
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Go Homes Llc
Bought by
Morcos Zeyad and Morcos Norma B
Current Estimated Value
$593,508

Purchase Details

Closed on
May 22, 2020
Sold by
Eam Llc
Bought by
Mcgonigle Drew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jul 26, 2019
Sold by
Go Homes Llc
Bought by
Eam Llc
Seller's Agent
Kathy Bain Farrell
RE/MAX Town & Country
Buyer's Agent
Thomas McNulty
E. A. McNulty Real Estate Grp
List Price
$90,000
Sold Price
$65,500
Premium/Discount to List
-$24,500
-27.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.58%
Original Mortgage
$243,750
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jul 25, 2019
Sold by
Go Homes Llc
Bought by
Go Homes Llc
Seller's Agent
Kathy Bain Farrell
RE/MAX Town & Country
Buyer's Agent
Thomas McNulty
E. A. McNulty Real Estate Grp
List Price
$90,000
Sold Price
$65,500
Premium/Discount to List
-$24,500
-27.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2007
Sold by
Silverio Hilda
Bought by
Silverio Casimiro
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
Morcos Zeyad $599,000 None Available
Mcgonigle Drew $473,000 None Available
Eam Llc $65,500 --
Go Homes Llc -- --
Silverio Casimiro $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgonigle Drew $418,500
Previous Owner Eam Llc $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $65,500 -27.2% --
06/26/2019 06/26/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $90,000 -- --
Source: State-Wide MLS

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 $5,544 $451,800 $90,000 $361,800
2024 $5,399 $451,800 $90,000 $361,800
2023 $5,250 $451,800 $90,000 $361,800
2022 $5,389 $359,500 $66,000 $293,500
2021 $5,299 $359,500 $66,000 $293,500
2020 $3,402 $237,600 $66,000 $171,600
2019 $449 $28,300 $28,300 $0
2018 $56 $28,300 $28,300 $0
2017 $430 $28,300 $28,300 $0
2016 $502 $29,400 $29,400 $0
2015 $502 $29,400 $29,400 $0
2014 $502 $29,400 $29,400 $0
2013 $483 $30,600 $30,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Bain Farrell

    Seller's Agent in 2019

    Kathy Bain Farrell

    RE/MAX Town & Country

    (401) 374-1211

    29 in this area

    526 Total Sales

    Kathy Bain Farrell
    Section Image
  • George Stansfield

    Seller Co-Listing Agent in 2019

    George Stansfield

    RE/MAX Town & Country

    (401) 334-3456

    19 in this area

    86 Total Sales

    George Stansfield
    Section Image

  • T

    Buyer's Agent in 2019

    Thomas McNulty

    E. A. McNulty Real Estate Grp

    (401) 305-5099

    Thomas McNulty
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1220354

State-Wide MLS

APN: CUMB-000001-000068-000000

Rhode Island Providence County Cumberland 02864 Valley Falls

129 Mill St, Cumberland, RI

Not Listed for Sale

Lots

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