NOT LISTED FOR SALE

18 Derman St Rumford, RI 02916

Rumford Neighborhood

Estimated Value: $468,000 - $722,150

3 Beds
1.5 Baths
2,193 Sq Ft
$290/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $614,000 $280 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,134/month

6 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Corner Lot
  • Colonial Architecture
  • Attic
  • Tennis Courts

About This Home

As of May 2022

Delightful 1937 Colonial ideally located on a sunny corner lot in the heart of Rumford. Classic period charm throughout with lovely moldings, built-ins, and hardwood floors. Large front-to-back living room with built-in bookcases and a working fireplace. The sun-filled dining room features a sweet built-in china cabinet and opens to the updated cook's kitchen with easy access to the back deck and private fenced yard. The 1st floor also offers a family room or study off the kitchen and a recently redone powder room. The 2nd floor has a primary bedroom with a walk-in closet plus two other bedrooms and a family bath. There are stairs to the attic which is floored and provides a terrific storage area. The lower level has a nicely finished recreation/family area with a new luxury vinyl plank flooring. Recent improvements include a freshly painted interior, custom blinds on every window, and many new lighting fixtures. Updated mechanicals including central air-conditioning. Convenient attached two-car garage with automatic door openers. This special home is located just minutes from the East Side and downtown Providence, and is an easy walk to the Rumford Center.

Last Agent to Sell the Property

Gerri Schiffman

Residential Properties Ltd. License #RES.0025339 Listed on: 03/22/2022

Residential Properties Ltd.

Last Buyer's Agent

Geraldine Schiffman

Residential Properties, Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,340

Year Built

  • Built in 1937

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Family Room
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 220 Volts
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 005 / 04
  • Assessor Parcel Number 18DERMANSTEPRO

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Rumford Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,340

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: Rumford
  • Above Grade Finished Sq Ft: 1721.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1937
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 472.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 2193.0
  • Dining Room Type: Family Room, Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Sprinkler System
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 18DERMANSTEPRO
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5340.0
  • Tax Block: 04
  • Tax Lot: 005
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 24, 2022
Sold by
Wasserman Patrick
Bought by
Albright Valerie L
Seller's Agent
Gerri Schiffman
Residential Properties Ltd.
Buyer's Agent
Geraldine Schiffman
Residential Properties, Ltd.
List Price
$475,000
Sold Price
$614,000
Premium/Discount to List
$139,000
29.26%
Current Estimated Value
$636,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,538
Avg. Annual Appreciation
3.03%
Original Mortgage
$214,000
Outstanding Balance
$205,218
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$470,542

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 17, 2022
Sold by
Patrick Wasserman 2019 T and Patrick Wasserman
Bought by
Wasserman Patrick
Seller's Agent
Gerri Schiffman
Residential Properties Ltd.
Buyer's Agent
Geraldine Schiffman
Residential Properties, Ltd.
List Price
$475,000
Sold Price
$614,000
Premium/Discount to List
$139,000
29.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Outstanding Balance
$205,218
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$470,542

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 13, 2022
Sold by
Patrick Wasserman 2019 T and Patrick Wasserman
Bought by
Wasserman Patrick
Seller's Agent
Gerri Schiffman
Residential Properties Ltd.
Buyer's Agent
Geraldine Schiffman
Residential Properties, Ltd.
List Price
$475,000
Sold Price
$614,000
Premium/Discount to List
$139,000
29.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Outstanding Balance
$205,218
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$470,542

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 13, 2019
Sold by
Smith Karen A and Smith Robert
Bought by
Patrick Wasserman 2019 T and Patrick Wasserman
Seller's Agent
Michelle Rockwell
Residential Properties Ltd.
Buyer's Agent
Geraldine Schiffman
Residential Properties, Ltd.
List Price
$385,000
Sold Price
$385,250
Premium/Discount to List
$250
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.12%
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
Albright Valerie L $614,000 None Available
Albright Valerie L $614,000 None Available
Wasserman Patrick -- None Available
Wasserman Patrick -- None Available
Wasserman Patrick $385,250 None Available
Patrick Wasserman 2019 T $385,250 --
Patrick Wasserman 2019 T $385,250 --
Wasserman Patrick $385,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albright Valerie L $214,000
Closed Albright Valerie L $214,000
Previous Owner Smith Karen A $254,944
Previous Owner Smith Karen A $750,000
Previous Owner Smith Karen A $43,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $614,000 +29.3% $280 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $475,000 +23.3% $217 / Sq Ft
06/14/2019 06/14/19 Sold $385,250 +0.1% $191 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $385,000 -- $191 / 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 $7,783 $507,700 $199,100 $308,600
2023 $7,494 $507,700 $199,100 $308,600
2022 $6,313 $288,800 $101,500 $187,300
2021 $6,209 $288,800 $101,500 $187,300
2020 $5,946 $288,800 $101,500 $187,300
2019 $5,782 $288,800 $101,500 $187,300
2018 $5,800 $253,500 $95,100 $158,400
2017 $5,671 $253,500 $95,100 $158,400
2016 $5,643 $253,500 $95,100 $158,400
2015 $5,173 $225,400 $64,700 $160,700
2014 $5,173 $225,400 $64,700 $160,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gerri Schiffman

    Residential Properties Ltd.

    8 in this area

    301 Total Sales

    Section Image

  • G

    Buyer's Agent in 2022

    Geraldine Schiffman

    Residential Properties, Ltd.

  • Michelle Rockwell

    Seller's Agent in 2019

    Michelle Rockwell

    Residential Properties Ltd.

    (401) 954-1159

    14 in this area

    58 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1305660

State-Wide MLS

APN: EPRO-000504-000004-000005

Rhode Island Providence County Rumford 02916 Rumford

18 Derman St, Rumford, RI

This home is located at 18 Derman St, Rumford, RI 02916 since 22 March 2022 and is currently estimated at $636,538, approximately $290 per square foot. This property was built in 1937. 18 Derman St is a home located in Providence County with nearby schools including East Providence High School, St Margaret School, and The Wolf School.

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