NOT LISTED FOR SALE

Estimated Value: $787,000 - $861,000

4 Beds
2.5 Baths
2,540 Sq Ft
$324/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $610,000 $240 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,254/month

2 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Colonial Architecture
  • James H. Eldredge Elementary School Rated A
  • In Ground Pool
  • Wood Flooring

About This Home

As of October 2021

Welcome Home to 240 Chestnut Drive in River Farm Neighborhood. This Lovingly Maintained , One Owner 4 Bed 2.5 Bath Colonial is Ready for Its New Owners ! Enjoy the Open, Updated Kitchen and Family Room, Separate Formal Dining and Living Rooms and 1st Floor Office. On the 2nd Floor, the Spacious Master Bedroom Offers Plenty of Closet Space and Full Bath w Tub/Shower. The 3 Generous Additional Bedrooms on the Second Floor are Bright and Sunny with Fresh Carpets. Enjoy Morning Coffee or Evening Tea on your Back Deck or Take a Dip in the Inground Pool! 2 Car Garage, Gas Heat, Town Water & Sewer, No Assessment.. Easy Access to Routes 4 and I-95, Shopping, Amenities, Schools, Public Recreation Fields & Courts. 7 Minutes to Multiple Golf Courses ~10 Minutes to Wickford Train Station, Wickford Village & Quonset Point ~ 20 Minutes to Providence ~25 Minutes to Newport & South County Beaches ~ ~ 1 Hour to Boston ~ 1 Hour to Groton & Mystic CT **Some photos have been virtually staged**

Last Agent to Sell the Property

Greg Dantas

RI Real Estate Services License #REB.0017244 Listed on: 09/15/2021

RI Real Estate Services

Last Buyer's Agent

Midge Berkery

Mott & Chace Sotheby's Intl. License #RES.0034614

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,195

Year Built

  • Built in 1978

Lot Details

  • 0.75

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Game Room
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • Gas Water Heater

Additional Features

  • In Ground Pool
  • 0.75 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 524 / 011
  • Assessor Parcel Number 240CHESTNUTDREGRN

Community Details

Overview

  • River Farm Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,195

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Subdivision Name: River Farm
  • Above Grade Finished Sq Ft: 2140.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 400.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 2540.0
  • Dining Room Type: Game Room, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding
  • Exterior Features: Paved Driveway
  • 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: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32670.0
  • Parcel #: 240CHESTNUTDREGRN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11195.0
  • Tax Block: 011
  • Tax Lot: 524
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 1979
Bought by
Gossmann Arthur C
Current Estimated Value
$823,553
Source: Public Records

Range of Values:

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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
Gossmann Arthur C $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgann Patrick T $548,250
Closed Gossmann Arthur C $55,000
Closed Gossmann Arthur C $183,000
Closed Gossmann Arthur C $195,000
Closed Gossmann Arthur C $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $610,000 +1.7% $240 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $599,900 -- $236 / 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 $9,620 $653,100 $245,400 $407,700
2023 $10,440 $477,800 $196,300 $281,500
2022 $10,234 $477,800 $196,300 $281,500
2021 $10,039 $477,800 $196,300 $281,500
2020 $9,960 $425,100 $178,500 $246,600
2019 $9,867 $425,100 $178,500 $246,600
2018 $9,777 $425,100 $178,500 $246,600
2017 $9,272 $391,900 $172,600 $219,300
2016 $9,441 $391,900 $172,600 $219,300
2015 $9,074 $390,100 $172,600 $217,500
2014 $8,229 $353,800 $173,500 $180,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1293630

State-Wide MLS

APN: EGRE-000045-000011-000524