NOT LISTED FOR SALE

1606 Shannock Rd Charlestown, RI 02813

Estimated Value: $720,000 - $807,000

4 Beds
1.5 Baths
2,210 Sq Ft
$339/Sq Ft Est. Value

Last Sold November 24, 2023

Last sale price $650,000 $294 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,408/month

62 Days on Market

Highlights

  • 14.17 Acre Lot
  • Wood Flooring
  • 1 Fireplace
  • Colonial Architecture
  • Attic
  • Window Unit Cooling System

About This Home

As of November 2023

New Price: This amazing 3 bedroom, 1 bath property, previously known as the Arabian Run Horse Farm, has boarded and trained up to two dozen horses. Today, this 14.2-acre lot provides a potential professional-grade equine experience for expert breeders or other farming enthusiasts. Offering Two (2) workable stables with 5/6 Stalls. Newer Septic System 2009, well water flows at 75 GPM. The property also has the ability to subdivide two separate additional building lots. The current home is a classic three-bedroom New England Farmhouse, set against the inspiring grandeur of the outdoors. The home's superb location is a delight to nature lovers while also being just minutes from local golf clubs and parks. University of Rhode Island and the Ryan Center is a short drive. A twenty-minute drive connects you to some of Rhode Island's best beaches.

Last Agent to Sell the Property

Patrick Murray

Residential Properties Ltd. License #REB.0016731 Listed on: 08/06/2023

Last Buyer's Agent

Patrick Murray

Residential Properties Ltd. License #REB.0016731 Listed on: 08/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,813

Year Built

  • Built in 1930

Lot Details

  • 14.17 Acre Lot
  • Property is zoned R-40

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Stone Foundation
  • Aluminum Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,210 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Shannock Village Subdivision

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number 1606SHANNOCKRDCHAR

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,813

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 14.17
  • Subdivision Name: SHANNOCK VILLAGE
  • Above Grade Finished Sq Ft: 2210.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Oil Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Living Area: 2210.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Aluminum Siding, Clapboard
  • Foundation Details: Combination, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Hot Water, Oil, Steam
  • Heating Yn: Yes
  • Electric: 110 Volts, 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 617245.0
  • Parcel #: 1606SHANNOCKRDCHAR
  • Zoning: R-40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2813.0
  • Tax Lot: 155
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2023
Closed on
Nov 16, 2023
Sold by
Kozak Richard W and Kozak Barbara L
Bought by
Ness-Otunnu Ronald V and Ness-Otunnu Lajiri V
Seller's Agent
Patrick Murray
Residential Properties Ltd.
Buyer's Agent
Patrick Murray
Residential Properties Ltd.
List Price
$800,000
Sold Price
$650,000
Premium/Discount to List
-$150,000
-18.75%
Views
202
Current Estimated Value
$748,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,982
Avg. Annual Appreciation
9.45%
Original Mortgage
$520,000
Outstanding Balance
$512,958
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$236,024

Purchase Details

Closed on
Jan 1, 1987
Bought by
Kozak Richard W and Kozak Barbara
Source: Public Records

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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
Ness-Otunnu Ronald V $650,000 None Available
Kozak Richard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ness-Otunnu Ronald V $520,000
Previous Owner Kozak Richard W $50,000
Previous Owner Kozak Richard W $376,000
Previous Owner Kozak Richard W $258,000
Previous Owner Kozak Richard W $260,000
Previous Owner Kozak Richard W $186,443
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2023 11/24/23 Sold $650,000 -7.1% $294 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $700,000 -12.5% $317 / Sq Ft
08/26/2023 08/26/23 For Sale $800,000 -- $362 / 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 $2,832 $490,000 $149,200 $340,800
2023 $2,813 $490,000 $149,200 $340,800
2022 $2,913 $356,500 $122,300 $234,200
2021 $2,916 $356,500 $122,300 $234,200
2020 $2,934 $356,500 $122,300 $234,200
2019 $2,860 $309,900 $122,300 $187,600
2018 $2,987 $309,900 $122,300 $187,600
2017 $2,972 $309,900 $122,300 $187,600
2016 $3,072 $300,900 $113,300 $187,600
2015 $3,042 $300,900 $113,300 $187,600
2014 $2,979 $300,900 $113,300 $187,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1341151

State-Wide MLS

APN: CHAR-000028-000000-000155