Seller's Agent in 2023
Patrick Murray
Residential Properties Ltd.
(401) 965-4520
2 in this area
35 Total Sales
1606 Shannock Rd Charlestown, RI 02813
Charlestown NeighborhoodEstimated Value: $576,000 - $822,000
4
Beds
1.5
Baths
2,210
Sq Ft
$323/Sq Ft
Est. Value
Highlights
- 14.17 Acre Lot
- Wood Flooring
- 1 Fireplace
- Colonial Architecture
- Attic
- Window Unit Cooling System
About This Home
As of November 2023New 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 Listed By
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
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%
Total Days on Market
62
Views
202
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,769
Avg. Annual Appreciation
6.61%
Original Mortgage
$520,000
Outstanding Balance
$513,741
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,028
Purchase Details
Closed on
Jan 1, 1987
Bought by
Kozak Richard W and Kozak Barbara
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Patrick Murray
Map
Similar Homes in Charlestown, RI
Source: State-Wide MLS
MLS Number: 1341151
APN: CHAR-000028-000000-000155
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