NOT LISTED FOR SALE

15 Rainbow Rd Chepachet, RI 02814

Estimated Value: $477,000 - $710,000

3 Beds
2.5 Baths
2,610 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 12, 2013

Last sale price $191,900 $74 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $3,661/month

225 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Walking Distance to Water
  • Ponaganset Middle School Rated A-
  • Balcony
  • Thermal Windows

About This Home

As of March 2013

Brand New Construction. This gem, tucked on a hillside lot, has it ALL: Custom Granite Kitchen, Hardwood Floors, Crown Moldings, Master Suite, 2nd floor laundry, Open Floor-Plan, Central AC & MORE. Not much yard, but a lot of house for the money.

Last Agent to Sell the Property

Nathan Clark

Your Home Sold Guaranteed, NCT Listed on: 06/29/2012

Last Buyer's Agent

Robert Shirley

RE/MAX Properties License #RES.0024107

RE/MAX Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 0.36 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Walking Distance to Water
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Chepachet Subdivision

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 15RAINBOWRDGLOC

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3616
  • Subdivision Name: CHEPACHET
  • Above Grade Finished Sq Ft: 2106.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2011
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 504.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 2610.0
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 15750.0
  • Parcel #: 15RAINBOWRDGLOC

Tax Info

  • Tax Lot: 100
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2012
Closed on
Mar 7, 2013
Sold by
Fidelity Joint Venture
Bought by
Mesale Andrew J
Seller's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
Buyer's Agent
Robert Shirley
RE/MAX Properties
List Price
$219,900
Sold Price
$191,900
Premium/Discount to List
-$28,000
-12.73%
Current Estimated Value
$602,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,586
Avg. Annual Appreciation
9.30%
Original Mortgage
$143,925
Outstanding Balance
$97,851
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$504,635

Purchase Details

Closed on
Nov 15, 2011
Sold by
Classic Opprotunitys L
Bought by
Fidelity Joint Venture

Purchase Details

Closed on
Sep 2, 2010
Sold by
Hallmark Financial Rt
Bought by
Classic Opportunitys L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
4.55%
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
Mesale Andrew J $191,900 --
Fidelity Joint Venture -- --
Classic Opportunitys L $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesale Andrew J $143,925
Previous Owner Classic Opportunitys L $148,500
Previous Owner Classic Opportunitys L $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2013 03/12/13 Sold $191,900 -12.7% $74 / Sq Ft
02/10/2013 02/10/13 Pending -- -- --
06/29/2012 06/29/12 For Sale $219,900 -- $84 / 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 $6,501 $455,900 $95,400 $360,500
2024 $6,319 $455,900 $95,400 $360,500
2023 $6,497 $455,900 $95,400 $360,500
2022 $5,724 $310,400 $59,400 $251,000
2021 $5,724 $310,400 $59,400 $251,000
2020 $5,655 $310,400 $59,400 $251,000
2018 $5,832 $291,600 $48,700 $242,900
2017 $5,753 $291,600 $48,700 $242,900
2016 $5,534 $246,500 $42,100 $204,400
2015 $5,453 $246,500 $42,100 $204,400
2014 $5,366 $246,500 $42,100 $204,400
2013 $5,059 $238,200 $48,000 $190,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1020707

State-Wide MLS

APN: GLOC-000000-000000-000000SG-000100