NOT LISTED FOR SALE

15 Waterman Farm Rd Cumberland, RI 02864

Arnold Mills Neighborhood

Estimated Value: $721,000 - $863,000

3 Beds
3.5 Baths
3,508 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $576,000 $164 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,802/month

20 Days on Market

Highlights

  • Golf Course Community
  • Colonial Architecture
  • Wood Flooring
  • Cumberland High School Rated 9+
  • Cathedral Ceiling
  • Recreation Facilities

About This Home

As of July 2021

Welcome home to 15 Waterman Farm Drive! The main living area offers an updated kitchen with granite countertops that is open to a spacious family room that boasts cathedral ceilings, a gas fireplace, and lots of windows to allow plenty of light to shine in. A formal living room, dining room, bathroom, laundry room, and office finish off the first level. Walk upstairs to find 3 bedrooms, a full bathroom, and an oversized master bedroom with a walk-in closet, and full master bath. The lower level offers another room that can be used as an office, or extra bedroom, as well as a full bathroom, partially finished kitchen, dining area, storage area, and full walkout to the private backyard. Don't miss this one, it won't last! Highest and Best offers due Tuesday, June 1st, 2021 at 10:00am.

Last Agent to Sell the Property

Tricia Coury

Keller Williams Realty License #RES.0042126 Listed on: 05/25/2021

Keller Williams Realty

Last Buyer's Agent

Kenneth Farrow

RE/MAX Real Estate Center License #RES.0031288

RE/MAX Real Estate Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,984

Year Built

  • Built in 1993

Lot Details

  • 0.55

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 0.55 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number 15WATERMANFARMDRCUMB

Community Details

Overview

  • Bear Hill Estates Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,984

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Subdivision Name: Bear Hill Estates
  • Above Grade Finished Sq Ft: 2512.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 996.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 3508.0
  • Dining Room Type: Bathroom, Bedroom, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23958.0
  • Parcel #: 15WATERMANFARMDRCUMB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5984.0
  • Tax Lot: 150
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 15, 2021
Sold by
Dolores J Ferrara Ret
Bought by
Fischer Nathan M and Fischer Shelby
Seller's Agent
Tricia Coury
Keller Williams Realty
Buyer's Agent
Kenneth Farrow
RE/MAX Real Estate Center
List Price
$509,900
Sold Price
$576,000
Premium/Discount to List
$66,100
12.96%
Current Estimated Value
$799,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,403
Avg. Annual Appreciation
7.75%
Original Mortgage
$547,200
Outstanding Balance
$496,499
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$302,904

Purchase Details

Closed on
Dec 3, 2020
Sold by
Ferrara Dolores J
Bought by
Dolores J Ferrara Rt

Purchase Details

Closed on
Dec 3, 1993
Sold by
Jif Investment Co Inc
Bought by
Ferrara Frank V and Ferrara Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fischer Nathan M $576,000 None Available
Dolores J Ferrara Rt -- None Available
Ferrara Frank V $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Nathan M $547,200
Previous Owner Ferrara Frank V $607,500
Previous Owner Ferrara Frank V $89,750
Previous Owner Ferrara Frank V $35,000
Previous Owner Ferrara Frank V $166,674
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $576,000 +13.0% $164 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $509,900 -- $145 / 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 $7,113 $579,700 $163,800 $415,900
2024 $6,927 $579,700 $163,800 $415,900
2023 $6,736 $579,700 $163,800 $415,900
2022 $6,264 $417,900 $127,400 $290,500
2021 $5,412 $417,900 $127,400 $290,500
2020 $3,630 $417,900 $127,400 $290,500
2019 $3,616 $390,000 $115,800 $274,200
2018 $729 $390,000 $115,800 $274,200
2017 $5,932 $390,000 $115,800 $274,200
2016 $6,487 $379,800 $117,700 $262,100
2015 $6,487 $379,800 $117,700 $262,100
2014 $5,791 $379,800 $117,700 $262,100
2013 $6,135 $388,800 $119,500 $269,300
Source: Public Records

Agents Affiliated with this Home

  • Tricia Coury

    Seller's Agent in 2021

    Tricia Coury

    Keller Williams Realty

    (508) 838-6956

    5 in this area

    92 Total Sales

    Tricia Coury
    Section Image
  • Kenneth Farrow

    Buyer's Agent in 2021

    Kenneth Farrow

    RE/MAX Real Estate Center

    (774) 688-9157

    2 in this area

    199 Total Sales

    Kenneth Farrow
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1283149

State-Wide MLS

APN: CUMB-000017-000150-000000

Rhode Island Providence County Cumberland 02864 Arnold Mills

15 Waterman Farm Rd, Cumberland, RI

Not Listed for Sale

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