NOT LISTED FOR SALE

18 Summit Rd Cumberland, RI 02864

Lippitt Estates Neighborhood

Estimated Value: $473,000 - $529,000

3 Beds
2 Baths
1,738 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 26, 2013

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

Est. 94% increase in value since last sale

Current estimated payment $2,896/month

94 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wooded Lot
  • Ashton Elementary 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

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), High Ceilings, Skylights, Vaulted Ceiling(s), Cable TV
  • Living Area: 1738.0
  • Stories: 1
  • Window Features: Skylight(s), Thermal Windows

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

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
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%
Current Estimated Value
$494,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,769
Avg. Annual Appreciation
5.45%
Original Mortgage
$245,883
Outstanding Balance
$179,746
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$315,023

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
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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 List to Sale Price per Sq Ft
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

  • J

    Buyer's Agent in 2013

    Julie Etter

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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

Not Listed for Sale

Detached

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