NOT LISTED FOR SALE

1606 Shannock Rd Charlestown, RI 02813

Estimated Value: $680,000 - $979,000

4 Beds
1.5 Baths
2,210 Sq Ft
$360/Sq Ft Est. Value

Last Sold November 24, 2023

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

Est. 23% increase in value since last sale

Current estimated payment $4,465/month

62 Days on Market

Highlights

  • 14.17 Acre Lot
  • Colonial Architecture
  • Attic
  • Chariho High School Rated 10
  • Wood Flooring
  • 1 Fireplace

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
  • Hot Water Heating System
  • 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
$796,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,392
Avg. Annual Appreciation
11.41%
Original Mortgage
$520,000
Outstanding Balance
$511,762
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$284,630

Purchase Details

Closed on
Jan 1, 1987
Bought by
Kozak Richard W and Kozak Barbara
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
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 $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 List to Sale Price per Sq Ft
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
2025 $2,906 $490,000 $149,200 $340,800
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

  • Patrick Murray

    Seller's Agent in 2023

    Patrick Murray

    Residential Properties Ltd.

    (401) 965-4520

    1 in this area

    36 Total Sales

    Patrick Murray
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Map

Source: State-Wide MLS

MLS Number: 1341151

State-Wide MLS

APN: CHAR-000028-000000-000155

Rhode Island Washington County Charlestown 02813

1606 Shannock Rd, Charlestown, RI

This home is located at 1606 Shannock Rd, Charlestown, RI 02813 since 06 August 2023 and is currently estimated at $796,392, approximately $360 per square foot. This property was built in 1930. 1606 Shannock Rd is a home located in Washington County with nearby schools including Chariho Regional Middle School and Chariho High School.

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