$357,500
SOLD JAN 28, 2019

223 Reservoir Rd Cumberland, RI 02864

North Cumberland Neighborhood
4 Beds
3.5 Baths
5,030 Sq Ft
1.12 Acres

Recently Sold

$71 Per Sq Ft

11% Below List Price

44 Days on Market

Highlights

  • Wine Cellar
  • Cape Cod Architecture
  • Attic
  • Community School Rated A
  • Wood Flooring
  • 4 Fireplaces

About This Home

As of April 2020

Beautiful location across from the reservoir on over 1 acre abutting town of Cumberland open space, making it feel much larger. The pastoral location & tasteful landscape of this property accents the architectural charm of the dwelling. This property is priced to SELL and consists of a Cape Cod style dwelling with over 3,000 square feet of above ground living area. 4 bedrooms, 3.1 bathrooms and a partially finished basement with a family room, media room and a full bar and wine cellar! This property offers a 2 stall attached garage with storage areas AND an additional 2 stall detached garage with a loft and separate driveway. Recently updated mechanicals including the heating system and the electrical system.

Last Agent to Sell the Property

Ruth Hanahan

Beretta Realty Company License #RES.0042182 Listed on: 11/14/2018

Last Buyer's Agent

Kathy Bain Farrell

RE/MAX Town & Country

RE/MAX Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,223

Year Built

  • Built in 1833

Lot Details

  • 1.12 Acre Lot

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • 4 Fireplaces
  • Fireplace Features Masonry
  • Wine Cellar
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Diamond Hill / Reservoir Subdivision

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 223RESERVOIRRDCUMB

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,223

Year Built

Built in 1833

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.12
  • Subdivision Name: DIAMOND HILL / RESERVOIR
  • Above Grade Finished Sq Ft: 3144.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1833
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1886.0
  • Fireplace Features: Masonry
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic, Wine Cellar
  • Living Area: 5030.0
  • Dining Room Type: Storage Room, Utility Room, Wine Cellar
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick, Clapboard, Other
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Attached, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 14.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 48787.0
  • Parcel #: 223RESERVOIRRDCUMB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7223.0
  • Tax Lot: 48
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Apr 14, 2020
Sold by
Haleys Llc
Bought by
Dodge Carrie
Seller's Agent
Kathy Bain Farrell
RE/MAX Town & Country
Buyer's Agent
Tricia Coury
Keller Williams Realty
List Price
$750,000
Sold Price
$705,000
Premium/Discount to List
-$45,000
-6%
Total Days on Market
44
Current Estimated Value
$1,133,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,490
Avg. Annual Appreciation
10.66%
Original Mortgage
$49,500
Outstanding Balance
$44,749
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,138,298

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 24, 2019
Sold by
Pratt Janet L
Bought by
Haleys Llc
Seller's Agent
Ruth Hanahan
Beretta Realty Company
Buyer's Agent
Kathy Bain Farrell
RE/MAX Town & Country
List Price
$399,900
Sold Price
$357,500
Premium/Discount to List
-$42,400
-10.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.69%

Purchase Details

Closed on
Jun 18, 2018
Sold by
Pratt 2012 Ft
Bought by
Pratt Janet L

Purchase Details

Closed on
Jun 8, 2012
Sold by
Pratt Ronald A and Pratt Janet L
Bought by
Pratt Ft
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 Type Sale Price Title Company
Warranty Deed $705,000 None Available
Warranty Deed $357,500 --
Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $49,500 Purchase Money Mortgage
Open $510,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $705,000 -6.0% $140 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $750,000 +109.8% $149 / Sq Ft
01/28/2019 01/28/19 Sold $357,500 -10.6% $71 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $399,900 -- $80 / 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 $10,174 $851,400 $178,700 $672,700
2023 $9,893 $851,400 $178,700 $672,700
2022 $9,696 $646,800 $139,000 $507,800
2021 $9,534 $646,800 $139,000 $507,800
2020 $9,262 $646,800 $139,000 $507,800
2019 $7,438 $468,400 $126,400 $342,000
2018 $7,223 $468,400 $126,400 $342,000
2017 $7,124 $468,400 $126,400 $342,000
2016 $7,778 $455,400 $128,400 $327,000
2015 $7,778 $455,400 $128,400 $327,000
2014 $6,927 $455,400 $128,400 $327,000
2013 $7,685 $487,000 $124,800 $362,200
Source: Public Records

Agents Affiliated with this Home

  • Kathy Bain Farrell

    Seller's Agent in 2020

    Kathy Bain Farrell

    RE/MAX Town & Country

    (401) 374-1211

    1 in this area

    536 Total Sales

    Kathy Bain Farrell
    Section Image
  • Tricia Coury

    Buyer's Agent in 2020

    Tricia Coury

    Keller Williams Realty

    (508) 838-6956

    106 Total Sales

    Tricia Coury
    Section Image

  • R

    Seller's Agent in 2019

    Ruth Hanahan

    Beretta Realty Company

    (401) 744-9433

    1 in this area

    13 Total Sales

    Ruth Hanahan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1209503

State-Wide MLS

APN: CUMB-000056-000048-000000

Rhode Island Providence County Cumberland 02864 North Cumberland

223 Reservoir Rd, Cumberland, RI

This home is located at 223 Reservoir Rd, Cumberland, RI 02864 and is currently priced at $357,500, approximately $71 per square foot. This property was built in 1833. 223 Reservoir Rd is a home located in Providence County with nearby schools including Community School, North Cumberland Middle School, and Cumberland High School.

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