NOT LISTED FOR SALE

1340 Tower Hill Rd North Kingstown, RI 02852

Estimated Value: $1,515,650

4 Beds
1 Bath
1,950 Sq Ft
$777/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $1,300,000 $667 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,398/month

794 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Colonial Architecture
  • Hamilton Elementary School Rated A
  • 19.2 Acre Lot
  • Wood Flooring

About This Home

As of December 2021

Antique colonial includes iconic 7000 sq ft barn on 19+ acres of pasture. Barn has a commercial use history and is designated as such in the assessors records. Colonial sits on 1.75 acres with the remaining 14+ accessed by Tower hill Rd as well as 50 ft frontage on Shady Lea. Barn features original horse stalls, troughs, brick floors, sliding doors. Private office space, open floor area, masonry addition and hay loft. Rural residential zoning with a GW2 designation. (critical groundwater recharge area) Close to Wickford Village, Rte 138, Newport, and RI Beaches. Highly visible location.

Last Agent to Sell the Property

Rebecca Moniz

Coldwell Banker Realty License #REB.0013375 Listed on: 09/25/2019

Coldwell Banker Realty

Last Buyer's Agent

Rebecca Moniz

Coldwell Banker Realty License #REB.0013375 Listed on: 09/25/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,458

Year Built

  • Built in 1870

Lot Details

  • 19.2 Acre Lot
  • Property is zoned RR

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Siding
  • Vinyl Siding
  • Masonry
  • Plaster

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • Porch
  • Barn
  • Horses Allowed On Property

Community Details

  • Shady Lea/Wickford Subdivision

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 13,22,23
  • Assessor Parcel Number 13401376TOWERHILLRDNKNG

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,458

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 19.2
  • Subdivision Name: Shady Lea/Wickford
  • Above Grade Finished Sq Ft: 1950.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1870
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Interior Amenities: Tub Shower
  • Living Area: 1950.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Masonry, Vinyl Siding, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Stone
  • Other Structures: Barn(s)
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 836352.0
  • Parcel #: 13401376TOWERHILLRDNKNG
  • Zoning: RR
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Annual Amount: 16457.67
  • Tax Lot: 13,22,23
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Torre Collian Llc
Bought by
Mighty Geese Llc
Current Estimated Value
$1,515,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Outstanding Balance
$851,867
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1986
Bought by
Thomas & Walter Quinn Inc
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 Buyer Sale Price Title Company
Mighty Geese Llc $1,300,000 None Available
Thomas & Walter Quinn Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mighty Geese Llc $870,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $1,300,000 -34.8% $667 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
09/25/2019 09/25/19 For Sale $1,995,000 -- $1,023 / 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 $14,448 $976,900 $297,900 $679,000
2024 $7,831 $481,000 $275,200 $205,800
2023 $7,697 $472,800 $275,200 $197,600
2022 $7,546 $472,800 $275,200 $197,600
2021 $7,151 $408,600 $229,000 $179,600
2020 $6,983 $408,600 $229,000 $179,600
2019 $6,983 $408,600 $229,000 $179,600
2018 $6,564 $346,000 $183,400 $162,600
2017 $6,432 $346,000 $183,400 $162,600
2016 $6,281 $347,800 $185,200 $162,600
2015 $5,956 $308,600 $145,700 $162,900
2014 $5,836 $308,600 $145,700 $162,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1237222

State-Wide MLS

APN: NKIN-000007-000023