$500,000
SOLD DEC 29, 2022

230 George Washington Hwy Smithfield, RI 02917

2.94 Acres
$170,068 Price per Acre
128,066 Sq Ft Lot

Recently Sold

$238 Per Sq Ft

26% Below List Price

392 Days on Market

Highlights

  • Senior Community
  • Wetlands on Lot
  • Wooded Lot
  • 2.94 Acre Lot

About This Lot

As of December 2022

ALTHOUGH THERE IS AN EXISTING 2 BEDROOM SINGLE FAMILY HOME IN A GREAT LOCATION ON THIS LOT, THIS IS A GREAT INVESTMENT OPPERTUNITY. THE HIGHEST AND BEST USE FOR THIS PROPERTY IS ENDLESS.

ATTENTION COMMERCIAL DEVELOPERS AND INVESTORS! PRIME LOCATION, HIGH TRAFFIC VISIBILITY, NEXT TO THE CORNER OF GEORGE WASHINGTON HIGHWAY AND DOUGLAS PIKE. NEAR 146 & 295, ZONED MIXED USE AND BEING PART OF THE "ORERLAY DISTRICT" THERE ARE MANY USES POSSIBLE, ESPECIALLY BEING COMBINED WITH THE ABBUTING PROPERTY AT 250 GEORGE WASHINGTON HIGHWAY WHICH IS ALSO ON THE MARKET FOR $1.6M TOTALING 6 ACERS AND CAN BE SOLD TOGETHER FOR $2,275M. CALL TODAY FOR DETAILS.

Last Agent to Sell the Property

Gary Balletto

Balletto Realty License #REB.0017234 Listed on: 12/01/2021

Last Buyer's Agent

Gary Balletto

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,700

Lot Details

  • 2.94 Acre Lot
  • Wooded Lot
  • Finished Lot(s)

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 230GEORGEWASHINGTONHWYSMTH

Community Details

Overview

  • Senior Community

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$4,700

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.94
  • Road Surface Type: Gravel
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Wooded, Wetlands
  • Topography: Rough

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: Yes

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 128066.0
  • Wooded Area: 50.0
  • Parcel #: 230GEORGEWASHINGTONHWYSMTH
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4700.0
  • Tax Lot: 67
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2023
Sold by
Daniels Brian
Bought by
Ballettos Realty Llc

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 29, 2022
Sold by
Costantino Thomas M
Bought by
Ballettos Realty Llc
Seller's Agent
Gary Balletto
Balletto Realty
Buyer's Agent
Gary Balletto
List Price
$675,000
Sold Price
$500,000
Premium/Discount to List
-$175,000
-25.93%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.55%
Original Mortgage
$400,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2013
Sold by
Costantino Thomas M
Bought by
Costantino Thomas M

Purchase Details

Closed on
Mar 12, 2012
Sold by
Charland Jill
Bought by
Costantino Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.99%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $72,324 None Available
Warranty Deed $500,000 None Available
Warranty Deed $500,000 None Available
Quit Claim Deed -- --
Warranty Deed $195,000 --
Deed $72,324 None Available
Quit Claim Deed -- --
Warranty Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $156,000 New Conventional
Previous Owner $192,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $2,750,000 +450.0% --
12/29/2022 12/29/22 Sold $500,000 -25.9% $238 / Sq Ft
12/01/2021 12/01/21 For Sale $675,000 0.0% $321 / Sq Ft
12/13/2020 12/13/20 For Rent $2,000 0.0% --
12/13/2020 12/13/20 Rented $2,000 -- --
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 $4,911 $340,100 $182,800 $157,300
2023 $4,628 $337,300 $180,000 $157,300
2022 $4,506 $337,300 $180,000 $157,300
2021 $4,942 $288,500 $194,900 $93,600
2020 $4,850 $288,500 $194,900 $93,600
2019 $4,850 $288,500 $194,900 $93,600
2018 $3,930 $223,800 $126,400 $97,400
2017 $3,803 $216,600 $119,200 $97,400
2016 $3,624 $216,600 $119,200 $97,400
2015 $3,532 $201,000 $113,300 $87,700
2012 $2,828 $176,500 $95,100 $81,400
Source: Public Records

Agents Affiliated with this Home

  • Gary Balletto

    Seller's Agent in 2025

    Gary Balletto

    Balletto Realty

    (401) 641-9994

    1 in this area

    20 Total Sales

    Gary Balletto
    Section Image

  • T

    Seller's Agent in 2020

    Trisha Lynch

    RI Real Estate Services

    (401) 885-5400

    23 Total Sales

    Trisha Lynch
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1299147

State-Wide MLS

APN: SMIT-000046-000000-000067

Rhode Island Providence County Smithfield 02917

230 George Washington Hwy, Smithfield, RI

This home is located at 230 George Washington Hwy, Smithfield, RI 02917 and is currently priced at $500,000, approximately $238 per square foot. 230 George Washington Hwy is a home located in Providence County with nearby schools including Raymond Laperche School, Vincent J. Gallagher Middle School, and Smithfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes