NOT LISTED FOR SALE

188 Summit Dr Cranston, RI 02920

Meshanticut Neighborhood

Estimated Value: $682,000 - $801,000

3 Beds
3 Baths
3,153 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $548,000 $174 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,502/month

48 Days on Market

Highlights

  • Wine Cellar
  • Wood Flooring
  • 2 Car Attached Garage
  • Cranston High School West Rated 9+
  • Workshop
  • Bathtub with Shower

About This Home

As of September 2021

This mid-century modern home is absolutely immaculate inside and out. With only two owners in its near-60 year history, you are sure to find it equally inviting. An open floorplan is spread among its various levels. Well planned updates throughout vault this house into the modern world, but the home's charm also exudes many desirable classic aspects. Original hardwood floors and three pristine, original tile baths contribute to a warm atmosphere. Updated exterior paint, new windows, new roof and new garage door, as well as a highly efficient heating and cooling system, provide modern comfort to the property. Wi-Fi enabled thermostats, sprinkler system, alarm and more give you the convenience of controlling the home's systems from your phone when you are away. Outside, the professionally maintained landscaping frames the entire yard and creates a private oasis for you to enjoy the various seasons with nature. Centrally located in Cranston and within Rhode Island this peaceful property is very well placed for work, shopping and travel needs. This home is move-in ready and does not require any additional work.

Last Agent to Sell the Property

Justin Gallant

J.E. Group Properties License #REC.0018555 Listed on: 06/30/2021

Last Buyer's Agent

Lisa Pisaturo

Residential Properties Ltd. License #RES.0045087

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,927

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Split Level Home
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Wine Cellar
  • Workshop
  • Storage Room
  • Utility Room
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

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

Community Details

  • Dean Estates Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 606
  • Assessor Parcel Number 188SUMMITDRCRAN

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,927

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2755
  • Subdivision Name: Dean Estates
  • Above Grade Finished Sq Ft: 2603.0
  • Architectural Style: Ranch, Split-Level, Tri-Level
  • Garage Yn: Yes
  • Unit Levels: Three Level Split, Two, Multi/Split
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1961
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 550.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV, Wine Cellar
  • Living Area: 3153.0
  • Dining Room Type: Storage Room, Utility Room, Wine Cellar, Workshop
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Masonry, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12000.0
  • Parcel #: 188SUMMITDRCRAN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7927.0
  • Tax Lot: 606
  • Tax Year: 2021

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 17, 2021
Sold by
Phillips Milford D
Bought by
Trombetti Ronald P and Chiarini Angela M
Seller's Agent
Justin Gallant
J.E. Group Properties
Buyer's Agent
Lisa Pisaturo
Residential Properties Ltd.
List Price
$548,000
Sold Price
$548,000
Current Estimated Value
$740,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,676
Avg. Annual Appreciation
7.15%
Original Mortgage
$500,000
Outstanding Balance
$454,284
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$286,392

Purchase Details

Listed on
Aug 3, 2012
Closed on
Nov 16, 2012
Sold by
Davis Marc S and Yaffe Clare S
Bought by
Phillips 3Rd Milford D
Seller's Agent
Debbie Chennisi Team
RI Real Estate Services
Buyer's Agent
Joseph Pytka
RE/MAX 1st Choice
List Price
$274,900
Sold Price
$256,500
Premium/Discount to List
-$18,400
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$205,200
Interest Rate
3.39%

Purchase Details

Listed on
Aug 3, 2012
Closed on
Nov 13, 2012
Sold by
David Muriel
Bought by
Davis Marc S and Yaffe Clare S
Seller's Agent
Debbie Chennisi Team
RI Real Estate Services
Buyer's Agent
Joseph Pytka
RE/MAX 1st Choice
List Price
$274,900
Sold Price
$256,500
Premium/Discount to List
-$18,400
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
3.39%
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
Trombetti Ronald P $548,000 None Available
Phillips 3Rd Milford D $256,500 --
Davis Marc S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trombetti Ronald P $500,000
Previous Owner Davis Marc S $175,000
Previous Owner Phillips 3Rd Milford D $205,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $548,000 0.0% $174 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $548,000 +113.6% $174 / Sq Ft
11/16/2012 11/16/12 Sold $256,500 -6.7% $99 / Sq Ft View Prior Sale
10/17/2012 10/17/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $274,900 -- $106 / 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 $7,877 $567,500 $151,100 $416,400
2024 $7,724 $567,500 $151,100 $416,400
2023 $7,384 $390,700 $108,100 $282,600
2022 $7,232 $390,700 $108,100 $282,600
2021 $7,033 $390,700 $108,100 $282,600
2020 $6,781 $326,500 $112,000 $214,500
2019 $4,102 $326,500 $112,000 $214,500
2018 $6,625 $326,500 $112,000 $214,500
2017 $6,877 $299,800 $104,200 $195,600
2016 $6,731 $299,800 $104,200 $195,600
2015 $6,731 $299,800 $104,200 $195,600
2014 $5,847 $256,000 $112,000 $144,000
Source: Public Records

Agents Affiliated with this Home

  • Justin Gallant

    Seller's Agent in 2021

    Justin Gallant

    J.E. Group Properties

    (401) 742-0958

    2 in this area

    54 Total Sales

    Justin Gallant
    Section Image
  • Lisa Pisaturo

    Buyer's Agent in 2021

    Lisa Pisaturo

    Residential Properties Ltd.

    (617) 510-3970

    3 in this area

    55 Total Sales

    Lisa Pisaturo
    Section Image

  • D

    Seller's Agent in 2012

    Debbie Chennisi Team

    RI Real Estate Services

  • Joseph Pytka

    Buyer's Agent in 2012

    Joseph Pytka

    RE/MAX 1st Choice

    (401) 480-6643

    50 Total Sales

    Joseph Pytka
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1287041

State-Wide MLS

APN: CRAN-000016-000002-000606

Rhode Island Providence County Cranston 02920 Meshanticut

188 Summit Dr, Cranston, RI

Not Listed for Sale

Detached

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