NOT LISTED FOR SALE

1354 South Rd East Greenwich, RI 02818

Frenchtown Neighborhood

Estimated Value: $1,702,000 - $2,242,000

3 Beds
3 Baths
3,170 Sq Ft
$634/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $1,150,000 $363 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $13,924/month

110 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Stables
  • Frenchtown Elementary School Rated A
  • Barn
  • 20.03 Acre Lot

About This Home

As of July 2017

Refined elegance meets historic charm. A sprawling 20-acre parcel in the heart of East Greenwich, this magnificent landscape offers a great many possibilities. Whether you fancy equestrian, wine vineyards, farming, housing classic automobiles, even starting a brewery - your imagination is your only limitation here. The site boasts fertile, well-manicured grounds, preserving the potential for livestock farming or agriculture. The 3100sf+ home is new as of 2011, yet it represents a modern take on an 18th century style cape. Luxury & allure abound, as the main house is lavishly finished with modern amenities, including hand-selected woods - some of which have been masterfully reclaimed from historic sites around the country. Witness the glory of this property first hand, as no level of photography does it justice. Call for an exclusive showing today.

Last Agent to Sell the Property

Justin Mandese

Real Broker, LLC License #REC.0019744 Listed on: 03/06/2017

Real Broker, LLC

Last Buyer's Agent

Andrea St. Germain

Keller Williams Coastal License #RES.0019638

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,221

Year Built

  • Built in 2011

Lot Details

  • 20.03 Acre Lot
  • Fenced
  • Private Lot
  • Secluded Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3,170 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Dry Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Deck
  • Patio
  • Outbuilding
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Underground Utilities
  • 220 Volts
  • 200+ Amp Service
  • Power Generator
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Property near a hospital
  • Barn

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number 1354SOUTHRDEGRN

Community Details

Overview

  • Western East Greenwich Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,221

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 20.03
  • Subdivision Name: WESTERN EAST GREENWICH
  • Above Grade Finished Sq Ft: 3170.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2011
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Attic, Cathedral Ceiling(s), Dry Bar, Internal Expansion, Central Vacuum, Cable TV
  • Living Area: 3170.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Private, Secluded, Sprinkler System
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck, Porch, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator, 220 Volts
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed, Stable(s)
  • Land Lease: No
  • Lot Size Sq Ft: 872507.0
  • Parcel #: 1354SOUTHRDEGRN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 26221.0
  • Tax Lot: 215
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Jul 25, 2017
Sold by
Michael Durand Ret
Bought by
Chen Yu and Pieranunzi William
Seller's Agent
Justin Mandese
Real Broker, LLC
Buyer's Agent
Andrea St. Germain
Keller Williams Coastal
List Price
$1,490,000
Sold Price
$1,150,000
Premium/Discount to List
-$340,000
-22.82%
Current Estimated Value
$2,008,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,930
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Jul 26, 2012
Sold by
Michael R Durand Ret
Bought by
Michael R Durand Ret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.74%

Purchase Details

Closed on
Jun 27, 2003
Sold by
Reynolds Stephen D
Bought by
Durand Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.53%

Purchase Details

Closed on
Dec 16, 1998
Sold by
Maquire Robert H
Bought by
Durand Michael R

Purchase Details

Closed on
Mar 14, 1997
Sold by
Reynolds Stephen H and Reynolds Cecile
Bought by
Soderstrom Fonnie C
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
Chen Yu $1,150,000 --
Michael R Durand Ret -- --
Durand Michael $210,000 --
Durand Michael R $44,000 --
Soderstrom Fonnie C $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soderstrom Fonnie C $650,000
Previous Owner Soderstrom Fonnie C $1,000,000
Previous Owner Soderstrom Fonnie C $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2017 07/25/17 Sold $1,150,000 -22.8% $363 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $1,490,000 -- $470 / 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 $40,904 $1,514,970 $195,670 $1,319,300
2024 $46,833 $1,734,543 $1,273,243 $461,300
2023 $46,462 $1,863,685 $878,085 $985,600
2022 $45,027 $1,863,685 $878,085 $985,600
2021 $0 $1,124,370 $138,770 $985,600
2020 $0 $1,018,970 $137,370 $881,600
2019 $0 $1,749,912 $868,312 $881,600
2018 $40,248 $1,749,912 $868,312 $881,600
2017 $26,336 $1,113,093 $278,193 $834,900
2016 $26,814 $1,113,093 $278,193 $834,900
2015 $25,756 $1,107,293 $278,193 $829,100
2014 $29,924 $1,286,500 $225,000 $1,061,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Justin Mandese

    Real Broker, LLC

    (401) 465-8056

    47 Total Sales

    Justin Mandese
    Section Image
  • Andrea St. Germain

    Buyer's Agent in 2017

    Andrea St. Germain

    Keller Williams Coastal

    (401) 742-0257

    1 in this area

    34 Total Sales

    Andrea St. Germain
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1153382

State-Wide MLS

APN: EGRE-000002-000019-000215

Rhode Island Kent County East Greenwich 02818 Frenchtown

1354 South Rd, East Greenwich, RI

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