J
Seller's Agent in 2019
Jason Brown
William Raveis Inspire
(401) 846-3800
27 Total Sales
2 Promontroy Knoll Cumberland, RI 02864
Diamond Hill NeighborhoodEstimated Value: $1,256,603 - $1,378,000
5
Beds
3.5
Baths
3,402
Sq Ft
$391/Sq Ft
Est. Value
Highlights
- Tennis Courts
- Wine Cellar
- Contemporary Architecture
- Community School Rated A
- 5.08 Acre Lot
- Private Lot
About This Home
As of September 2019Promontory is an apt name for this location. Set atop a sparsely populated cul de sac, this 5 bedroom, 3.5 bath home blends gracefully into a beautiful five acres (zoned agricultural). The all encompassing exterior features include a private drive, two garages that house six automobiles, expansive lawn, large stone patio with unique water feature, sturdy deck made of beautiful Brazilian Ipe wood and full tennis and Bocce courts. Step inside through your custom front door (reclaimed from an 1880's mansion). If work is on the agenda, your first floor office fits the bill. Or, retire to your billiard room with full wet bar or cozy, sunlit living area. From there, the double sided fire place looks into the the perfect kitchen. Enjoy the high end stainless appliances, granite counters, and shining center island. Upstairs, the large master bedroom is accented with a master bath featuring both a jacuzzi tub, double sinks and multi-jet rain shower. As if all of this was not enough, the lower level houses a full gym, 1000 bottle wine cellar, additional living area (that would make a great home theatre), additional storage and stone patio through new double doors. Everything you need awaits you on Promontory Knoll. Make your appointment today.
Last Agent to Sell the Property
William Raveis Inspire License #REB.0018222 Listed on: 03/05/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,080
Year Built
- Built in 1998
Lot Details
- 5.08 Acre Lot
- Cul-De-Sac
- Private Lot
- Secluded Lot
- Wooded Lot
- Property is zoned 20
Parking
- 6 Car Garage
- Driveway
Home Design
- Contemporary Architecture
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 3,402 Sq Ft Home
- 2-Story Property
- Wet Bar
- Cathedral Ceiling
- Skylights
- 2 Fireplaces
- Stone Fireplace
- Fireplace Features Masonry
- Wine Cellar
- Storage Room
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Tennis Courts
Utilities
- Central Air
- Heating System Uses Oil
- 200+ Amp Service
- Oil Water Heater
Listing and Financial Details
- Tax Lot 0025
- Assessor Parcel Number 2PROMONTORYKNOLLCUMB
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2019
Closed on
Sep 16, 2019
Sold by
Nunes Fernando E
Bought by
Bard Edmund F and Bard Jennifer L
Seller's Agent
Jason Brown
William Raveis Inspire
Buyer's Agent
Anne Marsh
Residential Properties Ltd.
List Price
$799,900
Sold Price
$785,000
Premium/Discount to List
-$14,900
-1.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,868
Avg. Annual Appreciation
7.78%
Original Mortgage
$428,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2010
Sold by
Nunes Nancy A
Bought by
Nunes Fernando E
Purchase Details
Closed on
May 10, 1999
Sold by
Meadow Brook Dev
Bought by
Nunes Ferando E and Nunes Nancy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bard Edmund F | $785,000 | -- | |
| Nunes Fernando E | -- | -- | |
| Nunes Ferando E | $420,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bard Edmund F | $509,500 | |
| Closed | Bard Edmund F | $428,000 | |
| Previous Owner | Nunes Ferando E | $336,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2019 09/16/19 | Sold | $785,000 | -1.9% | $231 / Sq Ft |
| 08/17/2019 08/17/19 | Pending | -- | -- | -- |
| 03/05/2019 03/05/19 | For Sale | $799,900 | -- | $235 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,360 | $950,600 | $238,200 | $712,400 |
| 2023 | $11,046 | $950,600 | $238,200 | $712,400 |
| 2022 | $10,492 | $699,900 | $149,300 | $550,600 |
| 2021 | $10,317 | $699,900 | $149,300 | $550,600 |
| 2020 | $10,023 | $699,900 | $149,300 | $550,600 |
| 2019 | $10,381 | $653,700 | $159,100 | $494,600 |
| 2018 | $1,298 | $653,700 | $159,100 | $494,600 |
| 2017 | $9,943 | $653,700 | $159,100 | $494,600 |
| 2016 | $10,760 | $630,000 | $174,300 | $455,700 |
| 2015 | $10,760 | $630,000 | $174,300 | $455,700 |
| 2014 | $10,760 | $630,000 | $174,300 | $455,700 |
| 2013 | $9,050 | $573,500 | $176,300 | $397,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Brown
-
Anne Marsh
Buyer's Agent in 2019
Anne Marsh
Residential Properties Ltd.
(401) 864-6660
1 in this area
18 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1216486
APN: CUMB-000059-000025-000000
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