NOT LISTED FOR SALE

18 Summit Rd Cumberland, RI 02864

Lippitt Estates Neighborhood

Estimated Value: $459,000 - $508,000

3 Beds
2 Baths
1,738 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $255,000 $147 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,865/month

94 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wooded Lot
  • Ashton School Rated A-
  • Deck
  • Raised Ranch Architecture

About This Home

As of July 2013

RAISED RANCH, WOODED CORNER LOT, PRIVATE, MASTER BED/BATH, 3 BEDS, 2 FULL BATHS, HARDWOOD FLOORS, FINISHED LOWER LEVEL/ WALK OUT, 3 YR ROOF, BOILER 7 YRS,3 HEAT ZONES,MOVE IN CONDITION,SELLER TO FIND SUITABLE HOUSING,SELLER CONSIDER REASONABLE OFFERS

Last Agent to Sell the Property

Ann Foncellino

Coldwell Banker Realty License #REB.0017116 Listed on: 03/23/2013

Coldwell Banker Realty

Last Buyer's Agent

Julie Etter

BHHS Evolution Properties License #REB.0018892

BHHS Evolution Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,371

Year Built

  • Built in 1990

Lot Details

  • 0.55 Acre Lot
  • Corner Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Well
  • Tankless Water Heater
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 192
  • Assessor Parcel Number 18SUMMITRDCUMB

Community Details

Overview

  • Lippett Estates Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,371

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.551
  • Subdivision Name: LIPPETT ESTATES
  • Above Grade Finished Sq Ft: 1138.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Tankless Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 600.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Cable TV
  • Living Area: 1738.0
  • Stories: 1
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In
  • Total Parking Spaces: 5.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 24000.0
  • Parcel #: 18SUMMITRDCUMB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3371.0
  • Tax Lot: 192
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2013
Closed on
Jul 26, 2013
Sold by
Faria Michael F and Faria Kathleen M
Bought by
Holt Gregory and Holt Michelle
Seller's Agent
Ann Foncellino
Coldwell Banker Realty
Buyer's Agent
Julie Etter
BHHS Evolution Properties
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%
Current Estimated Value
$478,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,918
Avg. Annual Appreciation
5.31%
Original Mortgage
$245,883
Outstanding Balance
$179,746
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$299,172

Purchase Details

Closed on
Jun 24, 2005
Sold by
Mccabe Jeffrey E and Mccabe Dawn M
Bought by
Faria Michael F and Faria Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1998
Sold by
Rainville Dennis W and Rainville Nancy
Bought by
Mccabe Jeffrey E and Mccabe Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,100
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Holt Gregory $255,000 --
Faria Michael F $330,000 --
Mccabe Jeffrey E $133,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Gregory $245,883
Previous Owner Mccabe Jeffrey E $250,000
Previous Owner Mccabe Jeffrey E $117,000
Previous Owner Mccabe Jeffrey E $116,000
Previous Owner Mccabe Jeffrey E $120,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $255,000 -1.5% $147 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
03/23/2013 03/23/13 For Sale $259,000 -- $149 / 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 $4,021 $327,700 $109,400 $218,300
2024 $3,916 $327,700 $109,400 $218,300
2023 $3,808 $327,700 $109,400 $218,300
2022 $3,968 $264,700 $80,300 $184,400
2021 $3,902 $264,700 $80,300 $184,400
2020 $3,791 $264,700 $80,300 $184,400
2019 $3,751 $236,200 $69,300 $166,900
2018 $3,642 $236,200 $69,300 $166,900
2017 $3,593 $236,200 $69,300 $166,900
2016 $3,300 $193,200 $73,700 $119,500
2015 $3,300 $193,200 $73,700 $119,500
2014 $3,300 $193,200 $73,700 $119,500
2013 $3,468 $219,800 $73,700 $146,100
Source: Public Records

Agents Affiliated with this Home

  • Ann Foncellino

    Seller's Agent in 2013

    Ann Foncellino

    Coldwell Banker Realty

    (401) 487-6001

    74 Total Sales

    Ann Foncellino
    Section Image
  • Julie Etter

    Buyer's Agent in 2013

    Julie Etter

    BHHS Evolution Properties

    (508) 259-3025

    359 Total Sales

    Julie Etter
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1036443

State-Wide MLS

APN: CUMB-000065-000192-000000

Rhode Island Providence County Cumberland 02864 Lippitt Estates

18 Summit Rd, Cumberland, RI

This home is located at 18 Summit Rd, Cumberland, RI 02864 since 23 March 2013 and is currently estimated at $478,918, approximately $275 per square foot. This property was built in 1990. 18 Summit Rd is a home located in Providence County with nearby schools including Ashton School, North Cumberland Middle School, and Cumberland High School.

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