$540,000
SOLD JUN 12, 2025

242 Burnt Hill Rd Hope, RI 02831

5 Beds
2 Baths
2,160 Sq Ft
2.3 Acres

Recently Sold

$250 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Barn
  • Colonial Architecture
  • Wood Flooring
  • 2.3 Acre Lot
  • Wooded Lot
  • Attic

About This Home

As of June 2025

Enjoy country living in this stunning, fully renovated 5-bedroom, 2-bath single-family home, offering nearly 2,200 sq. ft. of living space plus a spacious three-season room off the kitchen, a huge attic, and endless opportunities for expansion. Featuring an open floor plan, gleaming hardwood floors, brand-new cabinets with quartz countertops, and stainless steel appliances, every inch has been thoughtfully updated. There is also a massive two-story barn/garage which includes multiple rooms, space for at least three cars, and separate electrical service, making it ideal for a workshop, home business, or even a potential in-law suite. With so much room to grow, this home is a rare find with unlimited potential! Don't miss out on this unique opportunity. See virtual tour to take a walk through.

Last Agent to Sell the Property

The Hiraldo Group

BHHS Commonwealth Real Estate Listed on: 04/16/2025

BHHS  Commonwealth Real Estate

Last Buyer's Agent

Thomas Perrino

eXp Realty License #RES.0045668

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,620

Year Built

  • Built in 1960

Lot Details

  • 2.3 Acre Lot
  • Wooded Lot
  • Property is zoned RR-120

Parking

  • 3 Car Detached Garage

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,160 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Utility Room
  • Wood Flooring
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Screened Patio
  • Porch

Farming

  • Barn

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 242BURNTHILLRDSCIT

Community Details

Overview

  • Hope Subdivision

Amenities

  • Shops
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,620

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.3
  • Inclusions: 5 bed septic will be installed prior to closing.
  • Subdivision Name: Hope
  • Above Grade Finished Sq Ft: 2160.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Storage, Tub Shower
  • Living Area: 2160.0
  • Dining Room Type: Utility Room
  • Stories: 3

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Combination, Concrete Perimeter, Stone
  • Other Structures: Barn(s)
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Near Schools, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 100188.0
  • Parcel #: 242BURNTHILLRDSCIT
  • Zoning: RR-120

Tax Info

  • Tax Annual Amount: 5620.0
  • Tax Lot: 013
  • Tax Map Number: 48-1
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
Jun 12, 2025
Sold by
Rihdr Inc
Bought by
Ficks Ellen and Perrino Thomas
Seller's Agent
The Hiraldo Group
BHHS Commonwealth Real Estate
Buyer's Agent
Thomas Perrino
eXp Realty
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$530,219
Outstanding Balance
$530,219
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$11,754

Purchase Details

Listed on
Jun 24, 2024
Closed on
Sep 5, 2024
Sold by
Hpp Property Llc
Bought by
Rihdr Inc
Seller's Agent
Barrett Gross
RE/MAX FLAGSHIP, INC.
Buyer's Agent
The Hiraldo Group
BHHS Commonwealth Real Estate
List Price
$359,900
Sold Price
$320,000
Premium/Discount to List
-$39,900
-11.09%
Views
186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
111.17%

Purchase Details

Closed on
May 7, 2024
Sold by
L Heureux Charlotte M Est and Cipriano
Bought by
Hpp Property Llc
Source: Public Records

Similar Homes in Hope, RI

  • 206 Howard Ave, Hope, RI 02831

    $669,900

    • 4 Beds
    • 3 Baths
    • 2,798 Sq Ft
    • 206 Howard Ave
    • Hope, RI

    "EXCELLENT" Describes This Charming Brick-Front Cape with a Legal In-Law Suite on 2.35 Serene Acres! Welcome to this beautifully maintained, custom L-shaped Cape-style home. Inside, you'll find a thoughtfully designed layout that offers a bright and inviting living space perfect for both everyday living and entertaining. The fully dormered upper level boasts an amazing master suite with a large

    David Tatangelo RE/MAX Real Estate Center

    Section Image
  • 8 Clinton Ave, Hope, RI 02831

    $639,900

    • 4 Beds
    • 3 Baths
    • 1,620 Sq Ft
    • 8 Clinton Ave
    • Hope, RI

    Nesting in the sought-after Village of Hope, and set on over a half acre of land, this four bed, three bath home has been completely rebuilt. The stately exterior, along with blue-stone walkway, make a lasting first impression. Step inside to find the perfect blend of luxury, charm and sophistication. The open-concept living, dining and kitchen, drenched in natural light, offer an airy and

    Benjamin Tucker Real Broker, LLC

    Section Image
  • 560 Seven Mile Rd, Hope, RI 02831

    $679,900

    • 3 Beds
    • 2 Baths
    • 1,322 Sq Ft
    • 560 Seven Mile Rd
    • Hope, RI

    Searching for a Beautiful 3 Bed 2 Bath Ranch on a very large Lot with 2 car heated garage? Also, central a/c, hardwood flooring. Beautiful open floor plan great for entertaining! Front porch and rear deck. This home is centrally located near highway access, schools, shopping, etc. It is literally across the street from the City of Cranston.

    Stephanie Soscia Premier Homes Realty, LLC

    Section Image

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
Warranty Deed $540,000 None Available
Warranty Deed $320,000 None Available
Warranty Deed $320,000 None Available
Warranty Deed $320,000 None Available
Foreclosure Deed -- None Available
Foreclosure Deed -- None Available
Foreclosure Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $530,219 FHA
Previous Owner $480,000 No Value Available
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Sold $540,000 -1.6% $250 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $549,000 +71.6% $254 / Sq Ft
09/30/2024 09/30/24 Sold $320,000 -8.5% $147 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $349,900 -2.8% $161 / Sq Ft
06/24/2024 06/24/24 For Sale $359,900 -- $165 / 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 $5,624 $324,500 $119,200 $205,300
2023 $5,439 $324,500 $119,200 $205,300
2022 $5,315 $324,500 $119,200 $205,300
2021 $5,177 $277,000 $98,900 $178,100
2020 $5,061 $277,000 $98,900 $178,100
2019 $4,956 $277,000 $98,900 $178,100
2018 $5,243 $270,400 $85,900 $184,500
2017 $5,089 $270,400 $85,900 $184,500
2016 $4,878 $270,400 $85,900 $184,500
2015 $4,491 $234,400 $79,500 $154,900
2014 $4,449 $234,400 $79,500 $154,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1382675

State-Wide MLS

APN: SCIT-000048-001013-000000