NOT LISTED FOR SALE

1324 Shermantown Rd North Kingstown, RI 02874

Saunderstown Neighborhood
131.1 Acres
-- Price per Acre
5,710,716 Sq Ft Lot

Last Sold August 25, 2020

Last sale price $915,000

151 Days on Market

Highlights

  • Horses Allowed On Property
  • 131.1 Acre Lot
  • Wooded Lot
  • Stony Lane Elementary School Rated A
  • Wetlands on Lot
  • Level Lot

About This Lot

As of August 2020

This 131 acre property is an existing permitted gravel bank on Shermantown Road in North Kingstown. An engineer's report estimated that there are approximately 220,000 cubic yards of gravel remaining in the ridge that was being mined, with an undetermined amount in the unexplored areas of the property. The property consists of three lots, Map 8, Lots 5 & 6, and Map 28, Lot 6. The wetlands have been flagged and are shown on the attached survey plan. Water, gas, and electric utilities are available. The topography is flat in the disturbed areas, and mostly gently sloped in the wooded sections. Possible uses included continued mining operations, a campground, or a residential development. A 9 lot single family subdivision, a 13 unit condominium project, or a comprehensive permit development could be possible.

Last Agent to Sell the Property

Martin Loiselle

Realty ONE Group Executives License #REB.0018896 Listed on: 02/25/2020

Last Buyer's Agent

Dana Phillips

RI Real Estate Services License #REB.0009229

RI Real Estate Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,017

Lot Details

  • 131.1 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned VLDR

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5 & 6
  • Assessor Parcel Number 1324SHERMANTOWNRDNKNG

Community Details

Overview

  • Saunderstown Subdivision

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$18,017

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Business Type: Residential
  • Horses: Yes
  • Lot Size Acres: 131.1
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Saunderstown
  • New Construction: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Possible Use: Development, Residential

Exterior Features

  • Lot Features: Level, Rolling Slope, Wooded, Wetlands
  • Topography: Level,Rolling

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Current Use: Residential
  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 5710542.0
  • Wooded Area: 85.0
  • Parcel #: 1324SHERMANTOWNRDNKNG
  • Zoning Description: Residential
  • Zoning: VLDR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 18017.0
  • Tax Lot: 5 & 6
  • Tax Year: 2019

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

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $915,000 -8.0% --
07/26/2020 07/26/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $995,000 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Martin Loiselle

    Realty ONE Group Executives

  • Dana Phillips

    Buyer's Agent in 2020

    Dana Phillips

    RI Real Estate Services

    (401) 323-1220

    4 in this area

    38 Total Sales

    Dana Phillips
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Map

Source: State-Wide MLS

MLS Number: 1248176

State-Wide MLS
Rhode Island Washington County North Kingstown 02874 Saunderstown

1324 Shermantown Rd, North Kingstown, RI

This home is located at 1324 Shermantown Rd, North Kingstown, RI 02874 since 25 February 2020. 1324 Shermantown Rd is a home located in Washington County with nearby schools including Stony Lane Elementary School, Wickford Middle School, and North Kingstown Sr. High School.

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