NOT LISTED FOR SALE

153 Waterman Lake Dr Chepachet, RI 02814

Estimated Value: $358,000 - $406,479

3 Beds
2 Baths
1,043 Sq Ft
$376/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $327,000 $314 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,412/month

10 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Fogarty Memorial School Rated A-
  • Beach Access
  • Cape Cod Architecture

About This Home

As of July 2022

Welcome home to Lake-life living boasting gorgeous views of Waterman Lake from your freshly painted cozy 3-Bed, 2 Full Bath, Cape Cod style cottage with 1-car detached garage! Hardwoods throughout, newer windows, new paint, oversized septic system, new roof (2017), and spacious front yard featuring lovely organic garden beds and plenty of room to add even more and live off your own land! Enjoy the benefits of belonging to the Waterman Lake Shores Association with the use of its Community Hall, private beach, and private boat launch/ramp. There's nothing to do but move in and enjoy your fun-filled summers on the lake! Highest & Best due Friday 6/17 by 5pm.

Last Agent to Sell the Property

Deborah Burlingame

Re/Max Bell Park License #RES.0040687 Listed on: 06/10/2022

Re/Max Bell Park

Last Buyer's Agent

Karen Moreau

HomeSmart Professionals License #RES.0031380

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,339

Year Built

  • Built in 1934

Lot Details

  • 0.28 Acre Lot
  • Corner Lot

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 1,043 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Storage Room
  • Utility Room
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 153WATERMANLAKEDRGLOC

Community Details

Recreation

  • Marina
  • Golf Course Community

Additional Features

  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,339

Year Built

Built in 1934

Lot Details

0

HOA Fees

$6 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Inclusions: Waterman Lake Shores Association includes access to private beach, boat launch/ramp (in & out same day only), and Community hall (when available).
  • Above Grade Finished Sq Ft: 1043.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1934
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1043.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Public Transportation
  • Senior Community: No
  • Association Fee: 75.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12197.0
  • Parcel #: 153WATERMANLAKEDRGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3339.0
  • Tax Lot: 130
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 20, 2022
Sold by
Serapiglia Kevin A and Serapiglia Lisa A
Bought by
Newman Lisa
Seller's Agent
Deborah Burlingame
Re/Max Bell Park
Buyer's Agent
Karen Moreau
HomeSmart Professionals
List Price
$319,900
Sold Price
$327,000
Premium/Discount to List
$7,100
2.22%
Current Estimated Value
$392,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,620
Avg. Annual Appreciation
5.81%
Original Mortgage
$261,600
Outstanding Balance
$249,182
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,438

Purchase Details

Closed on
Jan 12, 1995
Sold by
Levesque Mildred E
Bought by
Serapiglia Kevin A and Serapiglia Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.23%
Mortgage Type
Purchase Money Mortgage
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
Newman Lisa $327,000 None Available
Serapiglia Kevin A $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Lisa $261,600
Previous Owner Serapiglia Kevin A $75,000
Previous Owner Serapiglia Kevin A $75,000
Previous Owner Serapiglia Kevin A $136,000
Previous Owner Serapiglia Kevin A $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $327,000 +2.2% $314 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $319,900 -- $307 / 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 $3,897 $273,300 $133,800 $139,500
2024 $3,788 $273,300 $133,800 $139,500
2023 $3,895 $273,300 $133,800 $139,500
2022 $3,339 $181,100 $82,900 $98,200
2021 $3,339 $181,100 $82,900 $98,200
2020 $3,300 $181,100 $82,900 $98,200
2018 $2,572 $128,600 $40,800 $87,800
2017 $2,537 $128,600 $40,800 $87,800
2016 $2,398 $106,800 $34,800 $72,000
2015 $2,362 $106,800 $34,800 $72,000
2014 $2,325 $106,800 $34,800 $72,000
2013 $2,581 $121,500 $42,000 $79,500
Source: Public Records

Agents Affiliated with this Home

  • Deborah Burlingame

    Seller's Agent in 2022

    Deborah Burlingame

    Re/Max Bell Park

    (860) 207-1162

    21 in this area

    129 Total Sales

    Deborah Burlingame
    Section Image
  • Karen Moreau

    Buyer's Agent in 2022

    Karen Moreau

    HomeSmart Professionals

    (401) 862-6510

    8 in this area

    87 Total Sales

    Karen Moreau
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1312635

State-Wide MLS

APN: GLOC-000000-000000-000000WL-000130

Rhode Island Providence County Chepachet 02814

153 Waterman Lake Dr, Chepachet, RI

This home is located at 153 Waterman Lake Dr, Chepachet, RI 02814 since 10 June 2022 and is currently estimated at $392,620, approximately $376 per square foot. This property was built in 1934. 153 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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