NOT LISTED FOR SALE

23 Belmont Rd East Greenwich, RI 02818

Estimated Value: $937,828 - $1,124,000

5 Beds
2.5 Baths
3,169 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $512,169 $162 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,467/month

37 Days on Market

Highlights

  • Marina
  • Wine Cellar
  • Deck
  • Golf Course Community
  • Colonial Architecture
  • Wood Flooring

About This Home

As of June 2015

UNBEATABLE LOCATION & RARE OFFERING IN DESIRABLE OLD COWESETT! WALK TO DOWNTOWN EG VIA SPENCER AVE FROM THIS ONE OWNER, 5 BR COLONIAL SET ON CORNER LOT. BEAUTIFUL GROUNDS & RUSTIC CABIN PERFECT FOR OUTDOOR ENTERTAINING HIGHLIGHT THIS 5 STAR HOME!

Last Agent to Sell the Property

Mike Mita

RE/MAX FLAGSHIP, INC. Listed on: 04/02/2015

RE/MAX FLAGSHIP, INC.

Last Buyer's Agent

Dave Buonaiuto

RE/MAX Professionals License #RES.0040890

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,500

Year Built

  • Built in 1960

Lot Details

  • 0.83 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Wine Cellar
  • Game Room
  • Storage Room
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Water Heater
  • Cesspool
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7,6,4
  • Assessor Parcel Number 23BELMONTRDWARW

Community Details

Overview

  • Old Cowesett Spencer Ave. Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,500

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8338
  • Subdivision Name: OLD COWESETT- SPENCER AVE.
  • Above Grade Finished Sq Ft: 2929.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 240.0
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Wet Bar, Cedar Closet(s), Cable TV, Wine Cellar
  • Living Area: 3169.0
  • Dining Room Type: Game Room, Storage Room, Wine Cellar
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard
  • Exterior Features: Deck, Porch, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Cesspool
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 36322.0
  • Parcel #: 23BELMONTRDWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9500.0
  • Tax Lot: 7,6,4
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2015
Closed on
Jun 9, 2015
Sold by
Mainelli Mark H
Bought by
Demagistris Martin K and Sedlock Clares S
Seller's Agent
Mike Mita
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Dave Buonaiuto
RE/MAX Professionals
List Price
$525,000
Sold Price
$512,169
Premium/Discount to List
-$12,831
-2.44%
Current Estimated Value
$1,039,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,038
Avg. Annual Appreciation
7.16%
Original Mortgage
$409,735
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Mainelli Mary E
Bought by
Mainelli Mark H

Purchase Details

Closed on
Sep 19, 1996
Sold by
Ross Lolita L and Ross Henry E
Bought by
Mainelli Hugo R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Demagistris Martin K $512,169 --
Mainelli Mark H $560,000 --
Mainelli Hugo R $128,000 --
Demagistris Martin K $512,169 --
Mainelli Mark H $560,000 --
Mainelli Hugo R $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demagistris Martin K $427,000
Closed Mainelli Hugo R $409,735
Closed Mainelli Hugo R $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2015 06/09/15 Sold $512,169 -2.4% $162 / Sq Ft
05/10/2015 05/10/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $525,000 -- $166 / 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 $9,779 $675,800 $206,700 $469,100
2023 $9,205 $648,700 $179,600 $469,100
2022 $10,054 $536,800 $187,800 $349,000
2021 $10,054 $536,800 $187,800 $349,000
2020 $10,054 $536,800 $187,800 $349,000
2019 $10,054 $536,800 $187,800 $349,000
2018 $10,296 $495,000 $195,800 $299,200
2017 $10,019 $495,000 $195,800 $299,200
2016 $10,693 $528,300 $195,800 $332,500
2015 $9,562 $460,800 $108,600 $352,200
2014 -- $460,800 $108,600 $352,200
2013 $9,119 $460,800 $108,600 $352,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1091444

State-Wide MLS

APN: WARW-000220-000007-000000