NOT LISTED FOR SALE

223 Farnum Pike Smithfield, RI 02917

Estimated Value: $445,276 - $520,000

3 Beds
1 Bath
1,416 Sq Ft
$343/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $450,000 $318 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,119/month

28 Days on Market

Highlights

  • 1.24 Acre Lot
  • Wood Flooring
  • Thermal Windows
  • Raymond Laperche School Rated A
  • Attic
  • 2 Car Attached Garage

About This Home

As of March 2023

This incredible home is conveniently located, close to restaurants, shopping, parks, and fantastic schools. Newly remodeled with a clean and elegant feel. It features spacious bedrooms in a sprawling ranch on a large, private, 1.24-acre lot. The backyard features plateau views of distant farmland and wooded forest. The front's grand stature encompasses a pull-through driveway with ample parking and a private setting yet minutes from 295! This modern home features white oak hardwood floors, engineered solid surfaces, granite countertops, stainless steel appliances, recessed lighting, and a formal fire place! Additional features include Large 2 and half car garage, recently updated mechanicals, new roof and a brand new septic system means years of worry free living.This home also has easy expansion possibility, with a walk-out basement that is heated and framed for finishing. This home is a must see in highly desirable Smithfield, with excellent schools, abundant hiking, water access at nearby ponds and reservoirs, nature, privacy, and an easy commute!

Last Agent to Sell the Property

Derek Greene

The Greene Realty Group Brokerage Phone: 860-560-1006 License #REB.0016396 Listed on: 01/03/2023

Last Buyer's Agent

Dee Webster

Lamacchia Realty, Inc License #RES.0043386

Lamacchia Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,506

Year Built

  • Built in 1952

Lot Details

  • 1.24

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Thermal Windows
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Patio
  • 1.24 Acre Lot

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 223FARNUMPIKESMTH

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,506

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • Above Grade Finished Sq Ft: 1416.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1952
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 860-560-1006
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Living Area: 1416.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.0
  • Parcel #: 223FARNUMPIKESMTH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4506.33
  • Tax Lot: 134
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Mar 3, 2023
Sold by
Img Investments Llc
Bought by
Ellis Robert
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Dee Webster
Lamacchia Realty, Inc
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Total Days on Market
28
Views
1
Current Estimated Value
$485,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,569
Avg. Annual Appreciation
3.36%
Original Mortgage
$460,350
Outstanding Balance
$448,505
Interest Rate
6.15%
Mortgage Type
VA
Estimated Equity
$37,064
Source: Public Records

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Range of Values:

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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
Ellis Robert $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Robert $460,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $450,000 +0.2% $318 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $449,000 +49.7% $317 / Sq Ft
09/16/2022 09/16/22 Sold $300,000 +8.3% $212 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $277,000 -- $196 / 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
2024 $4,871 $337,300 $161,500 $175,800
2023 $4,628 $337,300 $161,500 $175,800
2022 $4,506 $337,300 $161,500 $175,800
2021 $4,274 $249,500 $120,800 $128,700
2020 $4,194 $249,500 $120,800 $128,700
2019 $4,194 $249,500 $120,800 $128,700
2018 $4,385 $249,700 $120,800 $128,900
2017 $4,309 $245,400 $116,500 $128,900
2016 $4,106 $245,400 $116,500 $128,900
2015 $4,009 $228,200 $107,000 $121,200
2012 $4,095 $255,600 $123,500 $132,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1327393

State-Wide MLS

APN: SMIT-000046-000000-000134