$300,000
SOLD SEP 16, 2022

223 Farnum Pike Smithfield, RI 02917

3 Beds
1 Bath
1,416 Sq Ft
1.24 Acres

Recently Sold

$212 Per Sq Ft

8% Above List Price

19 Days on Market

Highlights

  • 1.24 Acre Lot
  • Wooded Lot
  • Bathtub with Shower
  • Raymond Laperche School Rated A
  • 2 Car Attached Garage
  • Tankless Water Heater

About This Home

As of March 2023

Attention all Flippers and Sweat Equity Enthusiasts this may be the project you've been waiting for. Solid 3 bedroom 1950's Ranch Home with 2 car garage and Heated Breezeway offers over 1400sqft of living space on 1 level. Large Living Room with Stone Fireplace, Vinyl and Stone Exterior, private rear yard (1.24 acres) newer 3 zone oil boiler and 200amp electrical all in desirable Smithfield RI.
Needs updating throughout, Estate Sale, sold "as-is" cash or private lending preferred.
Call now to set up your private viewing.

Last Agent to Sell the Property

Ed Duffy

Alltown Real Estate Group License #REB.0018303 Listed on: 08/10/2022

Last Buyer's Agent

Jesse Andrews

Gold Door Realty License #REB.0019016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,506

Year Built

  • Built in 1952

Lot Details

  • 1.24 Acre Lot
  • Wooded Lot
  • Property is zoned R80

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Fireplace Features Masonry
  • Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Cesspool

Community Details

  • Esmond Subdivision
  • Public Transportation

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
  • Subdivision Name: Esmond
  • 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
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 1416.0
  • Dining Room Type: Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Plaster, Brick, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.0
  • Parcel #: 223FARNUMPIKESMTH
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4506.33
  • Tax Lot: 134
  • Tax Year: 2021

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%
Views
1
Current Estimated Value
$503,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,170
Avg. Annual Appreciation
4.11%
Original Mortgage
$460,350
Outstanding Balance
$448,505
Interest Rate
6.15%
Mortgage Type
VA
Estimated Equity
$47,603
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 Type Sale Price Title Company
Warranty Deed $450,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,350 VA
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: 1317618

State-Wide MLS

APN: SMIT-000046-000000-000134