NOT LISTED FOR SALE

241 Tower Hill Rd Unit 241 Cumberland, RI 02864

Ballou District Neighborhood

Estimated Value: $876,000 - $1,062,000

4 Beds
4 Baths
3,689 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 241 Tower Hill Rd Unit 241, Cumberland, RI 02864 and is currently estimated at $971,165, approximately $263 per square foot. 241 Tower Hill Rd Unit 241 is a home located in Providence County with nearby schools including Community School, North Cumberland Middle School, and Cumberland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2021
Sold by
Lewis Kevan G
Bought by
Mancini Scott J
Current Estimated Value
$971,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,605
Outstanding Balance
$594,503
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$302,978

Purchase Details

Closed on
Feb 14, 2019
Sold by
Homewood Acres Rigp
Bought by
Amy Realty Rigp

Purchase Details

Closed on
Jun 7, 2018
Sold by
Lewis Kevan G
Bought by
Homewood Acres Rigp

Purchase Details

Closed on
May 28, 2004
Sold by
Mccormack Timothy
Bought by
Lewis Kevan

Purchase Details

Closed on
Dec 10, 1999
Sold by
Caetano Const Inc
Bought by
Mccormack Timothy D and Mccormack Dawn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.9%

Purchase Details

Closed on
Aug 12, 1998
Sold by
Olsen Kenneth A and Hillstrom Mary M
Bought by
Caetano Const Inc

Purchase Details

Closed on
Jan 14, 1998
Sold by
Caetano Constr Inc
Bought by
Olsen Kenneth A and Hillstrom Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mancini Scott J $635,000 None Available
Amy Realty Rigp $16,249 --
Homewood Acres Rigp $1,714 --
Lewis Kevan $625,000 --
Mccormack Timothy D $385,000 --
Caetano Const Inc $97,000 --
Olsen Kenneth A $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancini Scott J $649,605
Previous Owner Olsen Kenneth A $308,000
Previous Owner Olsen Kenneth A $60,000
Source: Public Records

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 $9,127 $763,800 $206,900 $556,900
2023 $8,875 $763,800 $206,900 $556,900
2022 $8,777 $585,500 $158,700 $426,800
2021 $8,630 $585,500 $158,700 $426,800
2020 $8,384 $585,500 $158,700 $426,800
2019 $8,688 $547,100 $146,100 $401,000
2018 $1,087 $547,100 $146,100 $401,000
2017 $8,321 $547,100 $146,100 $401,000
2016 $9,076 $531,400 $150,300 $381,100
2015 $9,076 $531,400 $150,300 $381,100
2014 $9,076 $531,400 $150,300 $381,100
2013 $8,938 $566,400 $155,500 $410,900
Source: Public Records

Map

Rhode Island Providence County Cumberland 02864 Ballou District

241 Tower Hill Rd Unit 241, Cumberland, RI

This home is located at 241 Tower Hill Rd Unit 241, Cumberland, RI 02864 and is currently estimated at $971,165, approximately $263 per square foot. 241 Tower Hill Rd Unit 241 is a home located in Providence County with nearby schools including Community School, North Cumberland Middle School, and Cumberland 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.

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