NOT LISTED FOR SALE

16 Waterman Lake Dr Chepachet, RI 02814

Estimated Value: $387,000 - $431,000

3 Beds
1 Bath
1,482 Sq Ft
$281/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $324,000 $219 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,641/month

21 Days on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Cape Cod Architecture
  • Fogarty Memorial School Rated A-
  • Spa
  • Deck

About This Home

As of February 2022

Cozy Cape at Waterman Lake Shores! This home sits on a corner lot just a short walk to private beach, dock and club house.
This updated home offers 8 rooms. Large appliance kitchen w/ lots of cupboards and counter space, open floor plan to dining room, step down to living room with cathedral ceiling and Vermont Casting wood stove. Big laundry room and pantry. Master bedroom on first floor and full bath. Second floor offers 3 additional rooms used as bedrooms and office, tons of built ins and closets.
Enjoy the sounds of the brook on the new front deck, also back has private deck and hot tub. New heat and hot water tank, siding, roof, windows, update electrical/wired for generator. Garage, large outbuild, plenty of parking, garden and more. New septic to be installed! Swimming, fishing, boating is a plus!!

Last Agent to Sell the Property

Scott McGee

RE/MAX Properties Listed on: 01/07/2022

RE/MAX Properties

Co-Listed By

Linda Morrissey

RE/MAX Properties License #RES.0027965

Last Buyer's Agent

Marcus Randolph

eXp Realty License #RES.0042793

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,174

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Property is zoned 010

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,482 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Stove
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Beach Access
  • Walking Distance to Water
  • Deck
  • Outbuilding
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Heating System Uses Steam
  • 220 Volts
  • 200+ Amp Service
  • Power Generator
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 460
  • Assessor Parcel Number 16WATERMANLAKEDRGLOC

Community Details

Overview

  • Waterman Lake Shores/ Chepachet Subdivision

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,174

Year Built

Built in 1950

Lot Details

0

HOA Fees

$6 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: RMAX19
  • Co List Office Phone: 401-232-3900
  • Subdivision Name: Waterman Lake Shores/ Chepachet
  • Above Grade Finished Sq Ft: 1482.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Wood Burning Stove
  • Living Area: 1482.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront Features: Beach Access, Dock Access, Walk to Water
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Generator, 220 Volts
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 75.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9148.0
  • Parcel #: 16WATERMANLAKEDRGLOC
  • Zoning: 010
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4174.0
  • Tax Lot: 460
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 21, 2022
Sold by
Bouffard George J and Bouffard Linda S
Bought by
Baran Alecia M
Seller's Agent
Scott McGee
RE/MAX Properties
Buyer's Agent
Marcus Randolph
eXp Realty
List Price
$339,000
Sold Price
$324,000
Premium/Discount to List
-$15,000
-4.42%
Current Estimated Value
$416,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,265
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
May 16, 2000
Sold by
Gilligan Eugene F and Gilligan Elaine
Bought by
Bouffard George J and Bouffard Linda S
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
Baran Alecia M $324,000 None Available
Bouffard George J -- None Available
Bouffard George J $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bouffard Linda S $40,000
Previous Owner Bouffard George J $172,000
Previous Owner Bouffard George J $30,000
Previous Owner Bouffard George J $172,400
Previous Owner Bouffard George J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $324,000 -4.4% $219 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $339,000 -- $229 / 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 $4,407 $318,000 $131,700 $186,300
2023 $4,532 $318,000 $131,700 $186,300
2022 $2,155 $229,100 $81,500 $147,600
2021 $4,225 $229,100 $81,500 $147,600
2020 $4,174 $229,100 $81,500 $147,600
2018 $3,190 $159,500 $40,100 $119,400
2017 $3,147 $159,500 $40,100 $119,400
2016 $3,031 $135,000 $33,800 $101,200
2015 $2,986 $135,000 $33,800 $101,200
2014 $2,939 $135,000 $33,800 $101,200
2013 $3,107 $146,300 $42,000 $104,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1301137

State-Wide MLS

APN: GLOC-000000-000000-000000WL-000460