NOT LISTED FOR SALE

Estimated Value: $458,000 - $545,000

3 Beds
2 Baths
2,000 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $390,000 $195 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,233/month

11 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of September 2021

Lakeside escape with access! Welcome home to your charming lakeside cottage!! This approx. 2,000 sq ft 3 bed 2 bath home is nestled on a private lot on Oak Swamp Reservoir, complete with views of the water and babbling brook, private gazebo and wooded land and offering a rare opportunity to own on this 100 acre body of fresh water!! You'll enjoy access to the lake for boating, swimming and fishing in Rhode Island's best kept secret, moments from all amenities and 295! This home has been completely renovated and features a stunning and stylish custom kitchen, hardwoods, newer roof and replacement windows, brand new septic system, new heating system, air conditioning throughout, laundry on the first floor, skylights and so much more!! Aside from the abundance of curb appeal, you'll love the floor plan! Walking in you are met to your open living area which offers a family room, dinning area, stowed away laundry space, access to first floor bed and bath and large slider which leads to your trex deck overlooking your private oasis! Coming back in the home, you'll love the eat in kitchen with skylights, pot rack, tons of cabinet and counter space, high end stainless appliances, wood stove and dinning area! Upstairs your master features a walk-in closet and access to the shared 2nd floor bathroom. Adjacent from master is your 3rd bed with walk-in closet! Schedule your showing today!

Last Agent to Sell the Property

The DiSpirito Team

Engel & Volkers Listed on: 07/23/2021

Engel & Volkers

Last Buyer's Agent

Lisa Pisaturo

Residential Properties Ltd. License #RES.0045087

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,807

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Waterfront

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows
  • Water Views
  • Crawl Space
  • Storm Doors

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 15SHOREDRJOHN

Community Details

Overview

  • Oak Swamp Reservoir Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,807

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: Oak Swamp Reservoir
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower
  • Living Area: 2000.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Propane, Wood
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 15SHOREDRJOHN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5807.0
  • Tax Lot: 2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 3, 2021
Sold by
Dispirito Emilio
Bought by
Lamb Abbey and Pare Chad
Seller's Agent
The DiSpirito Team
Engel & Volkers
Buyer's Agent
Lisa Pisaturo
Residential Properties Ltd.
List Price
$369,900
Sold Price
$390,000
Premium/Discount to List
$20,100
5.43%
Current Estimated Value
$497,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,843
Avg. Annual Appreciation
6.49%
Original Mortgage
$370,500
Outstanding Balance
$340,326
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,517

Purchase Details

Closed on
Mar 22, 2021
Sold by
Belesimo Adam P and Belesimo Nicolle H
Bought by
Dispirito Emilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Michaud Michael E and Michaud Linda
Bought by
Belesimo Adam P and Belesimo Nicole H
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
Lamb Abbey $390,000 None Available
Lamb Abbey $390,000 None Available
Dispirito Emilio $230,000 None Available
Dispirito Emilio $230,000 None Available
Belesimo Adam P $265,000 --
Belesimo Adam P $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Abbey $370,500
Closed Lamb Abbey $370,500
Previous Owner Dispirito Emilio $230,000
Previous Owner Michaud Michael E $220,500
Previous Owner Michaud Michael E $255,000
Previous Owner Michaud Michael E $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $390,000 +5.4% $195 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $369,900 -- $185 / 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 $5,715 $373,500 $106,900 $266,600
2023 $5,715 $373,500 $106,900 $266,600
2022 $5,896 $253,700 $82,100 $171,600
2021 $5,896 $253,700 $82,100 $171,600
2018 $6,001 $218,300 $77,400 $140,900
2016 $7,940 $218,300 $77,400 $140,900
2015 $5,928 $204,500 $80,900 $123,600
2014 $4,704 $204,500 $80,900 $123,600
2013 $5,879 $204,500 $80,900 $123,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1288856

State-Wide MLS

APN: JOHN-000062-000000-000002