NOT LISTED FOR SALE

229 Shannock Village Rd Shannock, RI 02875

Estimated Value: $243,000 - $400,000

4 Beds
1 Bath
1,332 Sq Ft
$244/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $179,000 $134 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,911/month

27 Days on Market

Highlights

  • Waterfront
  • Cottage
  • Baseboard Heating
  • Wood Flooring
  • <<tubWithShowerToken>>

About This Home

As of February 2022

What a beautiful location to call home. This quaint 4 bedroom, 1 bath home has the charm of yesteryear and sits right in the heart of Shannock Village. The house has a newer roof, heating, wiring, and septic system and backs up to the Pawcatuck River. Buyers must meet income requirements for this affordable unit. Gross income limits are as follows: 1 person=$48,450, 2 person=$55,400, 3 person=$62,300, 4 person=69,200, etc. Home comes with 99 year lease at $30/month. Don't miss this one!

Last Agent to Sell the Property

Galen Mcgovern

Residential Properties Ltd. License #REB.0018549 Listed on: 12/28/2021

Residential Properties Ltd.

Last Buyer's Agent

Galen Mcgovern

Residential Properties Ltd. License #REB.0018549 Listed on: 12/28/2021

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 1850

Lot Details

  • Waterfront
  • Land Lease

Home Design

  • Cottage
  • Stone Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,332 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom
  • <<tubWithShowerToken>>

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 229SHANNOCKVILLAGERDRICH

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,087

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 1332.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1850
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1332.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Water Access, Waterfront
  • Construction Type: Plaster, Clapboard
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Parcel #: 229SHANNOCKVILLAGERDRICH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3087.0
  • Tax Lot: 27
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Feb 24, 2022
Sold by
Bowling Village Props Llc
Bought by
Community Housing Land T
Seller's Agent
Galen Mcgovern
Residential Properties Ltd.
Buyer's Agent
Galen Mcgovern
Residential Properties Ltd.
List Price
$179,000
Sold Price
$179,000
Current Estimated Value
$324,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,754
Avg. Annual Appreciation
19.92%
Original Mortgage
$169,000
Outstanding Balance
$159,303
Interest Rate
3.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$172,015

Purchase Details

Closed on
Nov 14, 2014
Sold by
Washington County Comn
Bought by
Bowling Village Props

Purchase Details

Closed on
Jan 5, 2012
Sold by
Vanhorn David Milton E
Bought by
Washington Cnty Cmnty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Community Housing Land T -- None Available
Bowling Village Props -- --
Washington Cnty Cmnty $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Community Housing Land T $169,000
Previous Owner Washington Cnty Cmnty $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $179,000 0.0% $134 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $179,000 -- $134 / 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 $1,400 $95,400 $95,400 $0
2023 $1,408 $95,400 $95,400 $0
2022 $1,570 $76,300 $76,300 $0
2021 $3,087 $149,700 $76,300 $73,400
2020 $3,051 $149,700 $76,300 $73,400
2019 $2,914 $133,200 $72,700 $60,500
2018 $2,845 $133,200 $72,700 $60,500
2017 $2,771 $133,200 $72,700 $60,500
2016 $2,716 $125,900 $65,400 $60,500
2015 $2,654 $125,900 $65,400 $60,500
2014 $2,636 $125,900 $65,400 $60,500
Source: Public Records

Agents Affiliated with this Home

  • Galen Mcgovern

    Seller's Agent in 2022

    Galen Mcgovern

    Residential Properties Ltd.

    (401) 680-3235

    2 in this area

    48 Total Sales

    Galen Mcgovern
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Map

Source: State-Wide MLS

MLS Number: 1300638

State-Wide MLS

APN: RICH-000010D-000027

Rhode Island Washington County Shannock 02813

229 Shannock Village Rd, Shannock, RI

This home is located at 229 Shannock Village Rd, Shannock, RI 02875 since 28 December 2021 and is currently estimated at $324,754, approximately $243 per square foot. This property was built in 1850. 229 Shannock Village Rd is a home located in Washington County with nearby schools including Chariho Regional Middle School and Chariho High School.

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