NOT LISTED FOR SALE

2 Mitchell Way Hope, RI 02831

Estimated Value: $807,846 - $1,039,000

5 Beds
3.5 Baths
3,477 Sq Ft
$256/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $510,500 $147 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,530/month

95 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • 2 Car Attached Garage
  • 4.7 Acre Lot
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of November 2019

This beautifully custom built home offers elegance, space and privacy. Impeccable detail and finishes throughout, gleaming hardwoods, french doors, granite gas fireplace and granite eat in kitchen. Master suite with master bath and walk-in closet, two additional bedrooms and bath. This home also has a legal in-law with private entrance with kitchen, living room, two beds and bath. Nearly 5 gorgeous acres of land with in-ground pool, 3 car garage, and new septic. This home is a tremendous value!

Last Agent to Sell the Property

Dave Serpa

Coldwell Banker Realty License #RES.0031919 Listed on: 07/15/2019

Coldwell Banker Realty

Last Buyer's Agent

Louise Cardoni

Century 21 Topsail Realty License #RES.0026433

Century 21 Topsail Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,751

Year Built

  • Built in 1997

Lot Details

  • 4.7

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank

Additional Features

  • In Ground Pool
  • 4.7 Acre Lot

Community Details

  • Hope Subdivision

Listing and Financial Details

  • Tax Lot 270-01
  • Assessor Parcel Number 2MITCHELLWYSCIT

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,751

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.6974
  • Subdivision Name: Hope
  • Above Grade Finished Sq Ft: 3027.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 450.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 3477.0
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Pool Features: In Ground
  • Construction Type: Other
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 204619.0
  • Parcel #: 2MITCHELLWYSCIT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8751.0
  • Tax Lot: 270-01
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Demarco Wayne F
Bought by
Wayne F Demarco Lt and Demarco
Current Estimated Value
$891,712

Purchase Details

Listed on
Jul 15, 2019
Closed on
Nov 18, 2019
Sold by
Cayer Gerard R
Bought by
Demarco Wayne F
Seller's Agent
Dave Serpa
Coldwell Banker Realty
Buyer's Agent
Louise Cardoni
Century 21 Topsail Realty
List Price
$559,900
Sold Price
$510,500
Premium/Discount to List
-$49,400
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%

Purchase Details

Closed on
May 1, 2018
Sold by
Cayer Gerard R and Defilippo Karen A
Bought by
Cayer Gerard R

Purchase Details

Closed on
Aug 12, 2014
Sold by
Cayer Gerard R and Difilippo Karen A
Bought by
Cayer Gerard R and Difilippo Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
4.14%
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
Wayne F Demarco Lt -- None Available
Wayne F Demarco Lt -- None Available
Demarco Wayne F $510,500 --
Demarco Wayne F $510,500 --
Cayer Gerard R -- --
Cayer Gerard R -- --
Cayer Gerard R -- --
Cayer Gerard R -- --
Cayer Gerard R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cayer Gerard R $341,000
Previous Owner Cayer Gerard R $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Sold $510,500 -8.8% $147 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $559,900 -- $161 / 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 $9,788 $564,800 $137,500 $427,300
2024 $9,788 $564,800 $137,500 $427,300
2023 $9,416 $561,800 $137,500 $424,300
2022 $9,202 $561,800 $137,500 $424,300
2021 $9,257 $495,300 $87,900 $407,400
2020 $9,049 $495,300 $87,900 $407,400
2019 $8,861 $495,300 $87,900 $407,400
2018 $8,753 $451,400 $98,900 $352,500
2017 $8,495 $451,400 $98,900 $352,500
2016 $8,143 $451,400 $98,900 $352,500
2015 $8,287 $432,500 $91,500 $341,000
2014 $8,209 $432,500 $91,500 $341,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1229527

State-Wide MLS

APN: SCIT-000009-001270-000001