NOT LISTED FOR SALE

18 Wood Rd Chepachet, RI 02814

Estimated Value: $581,000 - $1,107,731

2 Beds
1 Bath
729 Sq Ft
$1,274/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $120,000 $165 Per Sq Ft

Est. 674% increase in value since last sale

Current estimated payment $6,007/month

232 Days on Market

Highlights

  • Waterfront
  • 2.35 Acre Lot
  • Cottage
  • West Glocester Elementary School Rated A-
  • Wooded Lot
  • Porch

About This Home

As of August 2018

Here's your chance to own one of the largest waterfront properties on Keech Pond. The land covers 2.35 acres with direct access to the pond where you can kayak, paddleboard or enjoy a sail. The main cottage consists of 2 beds/1 bath with a cozy living room and eat-in kitchen. Potential to construct a stellar waterfront home and still maintain the cottage as an investment property. Or, consider renovating the cottage without building additional structure and maintain unobstructed views of the water. Estate sale; property being sold "as is".

Last Agent to Sell the Property

Andrew Iovino

RE/MAX 1st Choice License #RES.0035731 Listed on: 12/04/2017

RE/MAX 1st Choice

Last Buyer's Agent

Carla Zimmerman

LPT Realty License #RES.0035378

LPT Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 2.35 Acre Lot
  • Waterfront
  • Wooded Lot

Home Design

  • Cottage
  • Shingle Siding

Interior Spaces

  • 729 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Cesspool

Community Details

  • Chepachet/Keech Pond Subdivision

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 18WOODRDGLOC

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.35
  • Subdivision Name: Chepachet/Keech Pond
  • Above Grade Finished Sq Ft: 729.0
  • Architectural Style: Cabin/Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 729.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Waterfront, Walk to Water
  • Construction Type: Shingle Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: See Remarks
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 102366.0
  • Parcel #: 18WOODRDGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4936.0
  • Tax Lot: 57
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Fournier Justin M
Bought by
Fournier Justin M and Connors Megan
Current Estimated Value
$928,577

Purchase Details

Listed on
Dec 4, 2017
Closed on
Aug 24, 2018
Sold by
Carol J Hawkins T
Bought by
Fournier Justin M
Seller's Agent
Andrew Iovino
RE/MAX 1st Choice
Buyer's Agent
Carla Zimmerman
LPT Realty
List Price
$169,900
Sold Price
$120,000
Premium/Discount to List
-$49,900
-29.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.40%
Original Mortgage
$90,000
Interest Rate
4.5%
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
Fournier Justin M -- None Available
Fournier Justin M $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fournier Justin M $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $120,000 -29.4% $165 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $169,900 -- $233 / 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 $13,640 $956,500 $318,100 $638,400
2024 $13,257 $956,500 $318,100 $638,400
2023 $11,711 $821,800 $318,100 $503,700
2022 $5,209 $293,200 $168,800 $124,400
2021 $5,209 $282,500 $168,800 $113,700
2020 $5,229 $287,000 $177,900 $109,100
2018 $5,004 $250,200 $174,500 $75,700
2017 $4,936 $250,200 $174,500 $75,700
2016 $4,196 $186,900 $125,300 $61,600
2015 $4,134 $186,900 $125,300 $61,600
2014 $4,069 $186,900 $125,300 $61,600
2013 $4,256 $200,400 $144,100 $56,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1178825

State-Wide MLS

APN: GLOC-000011-000000-000057