NOT LISTED FOR SALE

1545 Division Rd East Greenwich, RI 02818

Shippeetown Neighborhood

Estimated Value: $429,000 - $1,604,117

1.93 Acres
$461,284 Price per Acre
84,071 Sq Ft Lot

Last Sold September 30, 2013

Last sale price $400,000

Est. 104% increase in value since last sale

Current estimated payment $4,662/month

157 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Shops
  • Golf Course Community
  • Public Transportation
  • Level Lot

About This Lot

As of September 2013

Development opportunity for condos or commercial development. Hotel overlay zone - 12 potential condos - potential nursing home - small hotel - across from new New England Tech campus. Includes lot 13 - 1.79 Acres in West Warwick.

Last Agent to Sell the Property

Allen Gammons

BHHS Commonwealth Real Estate License #REB.0015256 Listed on: 03/26/2013

BHHS Commonwealth Real Estate

Last Buyer's Agent

Marilyn DePetrillo

Re/Max Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,370

Lot Details

  • 1.93 Acre Lot
  • Level Lot
  • Property is zoned Commercial,Residential

Utilities

  • Phone Available

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 1545DIVISIONSTEGRN

Community Details

Overview

  • Amtrol Neit Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$1,370

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 1.93
  • Subdivision Name: AMTROL - NEIT
  • Special Features: None
  • Stories: 0

Interior Features

  • Possible Use: Hotel/Motel, Mixed Use, Residential

Exterior Features

  • Lot Features: Level
  • Topography: Level

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Shopping, Tennis Court(s), High Traffic Location, Street Lights
  • Senior Community: No

Lot Info

  • Current Use: Residential
  • Development Status: Raw Land
  • Lot Size Sq Ft: 84020.0
  • Wooded Area: 80.0
  • Parcel #: 1545DIVISIONSTEGRN
  • Zoning Description: Commercial,Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1370.0
  • Tax Lot: 80
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2013
Closed on
Sep 30, 2013
Sold by
Welch Joseph and Marra Michael G
Bought by
1545 Division Llc
Seller's Agent
Allen Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Marilyn DePetrillo
Re/Max Professionals
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%
Current Estimated Value
$817,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,271
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Marra Stephen Est
Bought by
Marra Michael G and Bullock Doreen A

Purchase Details

Closed on
Feb 15, 2011
Sold by
Welch Joseph
Bought by
Marra Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.76%

Purchase Details

Closed on
Dec 10, 2003
Sold by
Deluca Edward J
Bought by
Mara Steven and Welch Joseph
Source: Public Records

Range of Values:

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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
1545 Division Llc $400,000 --
Marra Michael G -- --
Marra Michael G -- --
Marra Stephen -- --
Marra Stephen -- --
Mara Steven $160,000 --
Mara Steven $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mara Steven $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $400,000 -15.8% --
08/31/2013 08/31/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $475,000 -- --
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 $2,243 $120,000 $120,000 $0
2023 $2,198 $120,000 $120,000 $0
2022 $2,165 $120,000 $120,000 $0
2021 $2,760 $120,000 $120,000 $0
2020 $2,760 $120,000 $120,000 $0
2019 $4,553 $155,300 $81,300 $74,000
2018 $3,368 $123,900 $79,000 $44,900
2017 $3,278 $124,600 $79,700 $44,900
2016 $3,202 $123,900 $79,000 $44,900
2015 $3,178 $122,400 $79,000 $43,400
2014 $777 $122,400 $79,000 $43,400
Source: Public Records

Agents Affiliated with this Home

  • Allen Gammons

    Seller's Agent in 2013

    Allen Gammons

    BHHS Commonwealth Real Estate

    (401) 742-6050

    9 in this area

    453 Total Sales

    Section Image
  • Marilyn DePetrillo

    Buyer's Agent in 2013

    Marilyn DePetrillo

    RE/MAX

    (401) 884-6050

    13 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1036601

State-Wide MLS

APN: WWAR-000030-000013-000000

Rhode Island Kent County East Greenwich 02818 Shippeetown

1545 Division Rd, East Greenwich, RI

This home is located at 1545 Division Rd, East Greenwich, RI 02818 since 26 March 2013 and is currently estimated at $890,279. 1545 Division Rd is a home located in Kent County with nearby schools including West Warwick High School and Our Lady of Mercy School.

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