NOT LISTED FOR SALE

171 Farnum Pike Smithfield, RI 02917

Estimated Value: $517,000 - $610,000

3 Beds
2 Baths
1,772 Sq Ft
$321/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $461,000 $260 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,435/month

25 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Attic
  • Vincent J. Gallagher Middle School Rated A-
  • Wood Flooring
  • Game Room

About This Home

As of March 2022

This one owner home offers plenty of natural light and a great layout. Updated kitchen and bath, living, dining and a den on the first floor and three bedrooms and master bath on the second floor. Great room for office space in the lower walkout level. A two-car garage, large rear deck, patio, lovely landscaping and a fire pit make this a very inviting place to enjoy.

Last Agent to Sell the Property

Michelle Keach

Coldwell Banker Realty License #RES.0024592 Listed on: 02/03/2022

Coldwell Banker Realty

Last Buyer's Agent

Norm Harrison

Realty Center License #REB.0009646

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,829

Year Built

  • Built in 1985

Lot Details

  • 0.58

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Game Room
  • Workshop
  • Storage Room
  • Utility Room
  • Attic Fan
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service
  • Well
  • Water Heater
  • Cable TV Available

Additional Features

  • 0.58 Acre Lot
  • Property near a hospital

Community Details

  • Shops
  • Public Transportation

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 171FARNUMPIKESMTH

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,829

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Above Grade Finished Sq Ft: 1472.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 300.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1772.0
  • Dining Room Type: Game Room, Storage Room, Utility Room, Workshop
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Attic Fan, 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Other, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25265.0
  • Parcel #: 171FARNUMPIKESMTH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4829.0
  • Tax Lot: 36
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Palmieri Stephen D
Bought by
Stephen D Palmieri T D and Stephen Palmieri
Current Estimated Value
$568,780

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 31, 2022
Sold by
Moore Eugene D and Moore Marie F
Bought by
Palmieri Stephen D
Seller's Agent
Michelle Keach
Coldwell Banker Realty
Buyer's Agent
Norm Harrison
Realty Center
List Price
$415,000
Sold Price
$461,000
Premium/Discount to List
$46,000
11.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$452,650
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stephen D Palmieri T D -- None Available
Stephen D Palmieri T D -- None Available
Stephen D Palmieri T D -- None Available
Palmieri Stephen D $461,000 None Available
Palmieri Stephen D $461,000 None Available
Palmieri Stephen D $461,000 None Available
Palmieri Stephen D $461,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmieri Stephen D $452,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $461,000 +11.1% $260 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $415,000 -- $234 / 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 $5,426 $437,900 $153,700 $284,200
2024 $5,138 $355,800 $130,500 $225,300
2023 $4,882 $355,800 $130,500 $225,300
2022 $4,632 $346,700 $130,500 $216,200
2021 $4,829 $281,900 $112,300 $169,600
2020 $4,739 $281,900 $112,300 $169,600
2019 $4,739 $281,900 $112,300 $169,600
2018 $4,402 $250,700 $105,100 $145,600
2017 $4,402 $250,700 $105,100 $145,600
2016 $4,194 $250,700 $105,100 $145,600
2015 $4,178 $237,800 $93,400 $144,400
2012 $4,003 $249,900 $109,200 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1302655

State-Wide MLS

APN: SMIT-000046B-000000-000036