$315,000
SOLD JAN 3, 2025

16 Old Summit Rd Greene, RI 02827

Greene Neighborhood
3 Beds
1.5 Baths
1,812 Sq Ft
1.1 Acres

Recently Sold

$174 Per Sq Ft

5% Above List Price

7 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Storage Room
  • Attic
  • Bathtub with Shower
  • Baseboard Heating

About This Home

As of January 2025

Attention Investors! Zoned VRC. Come see this farmhouse style home sitting on 1.1 acres with so much potential. This home has off street parking, gorgeous hardwoods, a pellet stove, AND an additional garage with an attached dwelling that could easily be converted to a workshop or extra living space.

Last Agent to Sell the Property

Sean Lawrence

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #REB.0018470 Listed on: 12/03/2024

HomeSmart Professionals

Last Buyer's Agent

Sean Lawrence

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #REB.0018470 Listed on: 12/03/2024

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,756

Year Built

  • Built in 1880

Lot Details

  • 1.1 Acre Lot
  • Property is zoned VRC

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,812 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Greene Subdivision

Listing and Financial Details

  • Tax Lot 031
  • Assessor Parcel Number 16OLDSUMMITRDCVEN

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,756

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 1.1
  • Subdivision Name: Greene
  • Above Grade Finished Sq Ft: 1812.0
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1880
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 401-921-5011
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Oven, Oil Water Heater, Range, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Living Area: 1812.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Wood Siding
  • Foundation Details: See Remarks
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil, Pellet Stove
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: 16OLDSUMMITRDCVEN
  • Zoning: VRC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6756.0
  • Tax Lot: 031
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Jan 3, 2025
Sold by
Boulay Bertrand
Bought by
Brown Heather and Realejo Mario
Seller's Agent
Sean Lawrence
HomeSmart Professionals
Buyer's Agent
Sean Lawrence
HomeSmart Professionals
List Price
$299,000
Sold Price
$315,000
Premium/Discount to List
$16,000
5.35%
Views
55
Current Estimated Value
$397,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,223
Avg. Annual Appreciation
28.32%
Original Mortgage
$299,250
Outstanding Balance
$297,184
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,039

Purchase Details

Listed on
Mar 3, 2016
Closed on
Jul 15, 2016
Sold by
Fnma
Bought by
Boulay Bertrand
Seller's Agent
Daniel Kildea
Sellstate Leading Edge Realty
Buyer's Agent
Michael Duckett
Keller Williams Realty Nri
List Price
$174,900
Sold Price
$162,250
Premium/Discount to List
-$12,650
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$171,113
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2016
Sold by
Mattews John C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 26, 2010
Sold by
Matthews Colleen M and Matthews John C
Bought by
Matthews John C
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 Type Sale Price Title Company
Warranty Deed $315,000 None Available
Warranty Deed $315,000 None Available
Warranty Deed $315,000 None Available
Not Resolvable $162,250 --
Foreclosure Deed $123,200 --
Deed -- --
Foreclosure Deed $123,200 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,250 Purchase Money Mortgage
Closed $299,250 Purchase Money Mortgage
Previous Owner $171,113 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2025 01/03/25 Sold $315,000 +5.4% $174 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $299,000 +84.3% $165 / Sq Ft
07/15/2016 07/15/16 Sold $162,250 -7.2% $61 / Sq Ft View Prior Sale
06/15/2016 06/15/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $174,900 -- $65 / 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 $6,756 $426,500 $137,600 $288,900
2023 $6,538 $426,500 $137,600 $288,900
2022 $5,482 $280,100 $117,000 $163,100
2021 $5,434 $280,100 $117,000 $163,100
2020 $6,229 $280,100 $117,000 $163,100
2019 $3,883 $174,600 $56,100 $118,500
2018 $3,773 $174,600 $56,100 $118,500
2017 $3,659 $174,400 $56,100 $118,300
2016 $3,944 $184,200 $52,800 $131,400
2015 $3,837 $184,200 $52,800 $131,400
2014 $3,757 $184,200 $52,800 $131,400
2013 $3,838 $205,700 $46,300 $159,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Sean Lawrence

    HomeSmart Professionals

    (401) 924-3327

    1 in this area

    55 Total Sales

    Sean Lawrence
    Section Image

  • D

    Seller's Agent in 2016

    Daniel Kildea

    Sellstate Leading Edge Realty

  • M

    Buyer's Agent in 2016

    Michael Duckett

    Keller Williams Realty Nri

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1374063

State-Wide MLS

APN: COVE-000316-000000-000031

Rhode Island Kent County Greene 02816 Greene

16 Old Summit Rd, Greene, RI

Sold

Detached

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