NOT LISTED FOR SALE

24 Preservation Dr Exeter, RI 02874

Estimated Value: $818,000 - $871,000

3 Beds
2.5 Baths
2,383 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 10, 2022

Last sale price $685,000 $287 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,303/month

28 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wooded Lot
  • Stony Lane Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of September 2022

Welcome to The Preserve at the Oaks, one of the most desirable neighborhoods in South County, a tranquil setting framed by mature forests, preserved pastures, and park-like grounds, the sanctuary of a safe and private environment, and only 5 miles from Town. This turnkey sprawling colonial with 3 bedrooms and 2.5 baths has a modern interior flow, with both an open concept and the privacy for working from home, and features a gourmet kitchen, oversized windows, & quality finishes. The eat-in kitchen with island bar, opens to a dining room and a large family room with cozy gas fireplace, and flows outside to a deck with southeastern exposure, ideal for entertaining or just relaxing with family. Sited on a level graded acre, with mature specimen plantings and an expansive private backyard. Other essential items include a deluxe master suite, a large 2 car integral garage, and a full basement with walkout. Centrally located, with ease of access to all points north and south, minutes to University of Rhode Island, the South County Bike Path, and New England's best beaches.

Last Agent to Sell the Property

Greg Arakelian

Mott & Chace Sotheby's Intl. License #RES.0034788 Listed on: 07/21/2022

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Lindsay Castergini

Lindsay Castergini Real Estate License #REC.0016864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,895

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • Wooded Lot
  • Property is zoned RE-2

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,383 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1N
  • Assessor Parcel Number 24PRESERVATIONDREXET

Community Details

Overview

  • Saunderstown / The Preserve Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,895

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Subdivision Name: Saunderstown / The Preserve
  • Above Grade Finished Sq Ft: 2383.0
  • Architectural Style: Contemporary, Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 2383.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Aluminum Siding, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 24PRESERVATIONDREXET
  • Zoning: RE-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6895.0
  • Tax Lot: 1N
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 9, 2022
Sold by
Skeffington Peter G and Skeggington Alexis P
Bought by
Brown Mimi and Brown David
Seller's Agent
Greg Arakelian
Mott & Chace Sotheby's Intl.
Buyer's Agent
Lindsay Castergini
Lindsay Castergini Real Estate
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%
Views
18
Current Estimated Value
$854,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,799
Avg. Annual Appreciation
7.05%
Original Mortgage
$420,000
Outstanding Balance
$400,300
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$454,499

Purchase Details

Closed on
Nov 21, 2007
Sold by
Member Rlty Llc
Bought by
Skeffington Peter G and Skeffington A P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Brown Mimi $685,000 None Available
Skeffington Peter G $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Mimi $420,000
Previous Owner Skeffington Peter G $40,000
Previous Owner Skeffington Peter G $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2022 09/10/22 Sold $685,000 -1.4% $287 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $695,000 -- $292 / 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
2025 $9,834 $666,700 $234,000 $432,700
2024 $7,660 $666,700 $234,000 $432,700
2023 $7,172 $502,600 $187,200 $315,400
2022 $7,006 $502,600 $187,200 $315,400
2021 $6,896 $502,600 $187,200 $315,400
2020 $7,069 $454,000 $162,800 $291,200
2019 $7,123 $454,000 $162,800 $291,200
2018 $6,987 $454,000 $162,800 $291,200
2017 $7,338 $452,100 $149,600 $302,500
2016 $7,206 $452,100 $149,600 $302,500
2015 $6,949 $452,100 $149,600 $302,500
2014 $6,025 $411,800 $134,400 $277,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1316096

State-Wide MLS

APN: EXET-000082-000001-000001N