NOT LISTED FOR SALE

138 Waterman Lake Dr Chepachet, RI 02814

Estimated Value: $655,000 - $895,000

3 Beds
2 Baths
3,434 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $499,900 $146 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,848/month

12 Days on Market

Highlights

  • Marina
  • Water Views
  • Cape Cod Architecture
  • Fogarty Memorial School Rated A-
  • Beach Access
  • Deck

About This Home

As of June 2018

Beautiful cape cod located right on Waterman Lake. This home features gleaming hardwood floors throughout the house. There are two bedrooms with full size closets and one full bath with tub downstairs. The kitchen,dining, and living room is an open concept design with brand new picture windows looking out to the lake. The second floor features the master bedroom and another full size bathroom. This house has central air conditioning and also has propane (leased) in the house for the fireplace. Brand new roof as of last week. Beautifully landscaped with fresh plants and a stone waterfall. The deck is perfect for entertaining during the summer months. Enjoy your access to this great lake with the community boat ramp just two properties down.

Last Agent to Sell the Property

Riley White

Keller Williams Leading Edge License #REB.0019467 Listed on: 05/02/2018

Keller Williams Leading Edge

Last Buyer's Agent

Riley White

Keller Williams Leading Edge License #REB.0019467 Listed on: 05/02/2018

Keller Williams Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,300

Year Built

  • Built in 1935

Lot Details

  • 0.29 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Water Access
  • Deck

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 138WATERMANLAKEDRGLOC

Community Details

Recreation

  • Marina

Additional Features

  • Waterman Lake Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,300

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Subdivision Name: Waterman Lake
  • Above Grade Finished Sq Ft: 1870.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1935
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1564.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 3434.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Marina, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 138WATERMANLAKEDRGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7300.0
  • Tax Lot: 000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2018
Sold by
Gary Smith
Bought by
Patalano Steven and Patalan Susan
Current Estimated Value
$756,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$286,934
Interest Rate
4.51%
Estimated Equity
$499,680

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 14, 2018
Sold by
Smith Gary and Smith Stacy
Bought by
Patalano Steven and Patalano Susan
Seller's Agent
Riley White
Keller Williams Leading Edge
Buyer's Agent
Riley White
Keller Williams Leading Edge
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Dec 19, 2016
Sold by
Barbieri Frank P and Barbieri Matilde
Bought by
Smith Gary and Smith Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 1999
Sold by
Eaton Robert M and Eaton Jean
Bought by
Barbieri Frank P and Barbieri Matilde
Source: Public Records

Range of Values:

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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
Patalano Steven $499,900 --
Patalano Steven $499,900 --
Smith Gary $420,000 --
Barbieri Frank P $171,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbieri Frank P $325,000
Closed Barbieri Frank P --
Previous Owner Barbieri Frank P $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2018 06/14/18 Sold $499,900 0.0% $146 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $499,900 -- $146 / 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
2024 $8,444 $609,200 $313,100 $296,100
2023 $8,681 $609,200 $313,100 $296,100
2022 $7,260 $393,700 $166,100 $227,600
2021 $7,260 $393,700 $166,100 $227,600
2020 $7,173 $393,700 $166,100 $227,600
2018 $7,314 $365,700 $162,900 $202,800
2017 $7,294 $369,700 $162,900 $206,800
2016 $6,313 $281,200 $111,200 $170,000
2015 $6,220 $281,200 $111,200 $170,000
2014 $6,122 $281,200 $111,200 $170,000
2013 $6,567 $309,200 $140,000 $169,200
Source: Public Records

Agents Affiliated with this Home

  • Riley White

    Seller's Agent in 2018

    Riley White

    Keller Williams Leading Edge

    (401) 575-1285

    7 in this area

    116 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1189506

State-Wide MLS

APN: GLOC-000000-000000-000000WL-000054

Rhode Island Providence County Chepachet 02814

138 Waterman Lake Dr, Chepachet, RI

This home is located at 138 Waterman Lake Dr, Chepachet, RI 02814 since 02 May 2018 and is currently estimated at $756,919, approximately $220 per square foot. This property was built in 1935. 138 Waterman Lake Dr is a home located in Providence County with nearby schools including Fogarty Memorial School, Ponaganset Middle School, and Ponaganset High School.

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