NOT LISTED FOR SALE

243 Spring Grove Rd Chepachet, RI 02814

Estimated Value: $408,000 - $501,000

2 Beds
2 Baths
1,351 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $200,000 $148 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,698/month

29 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Walking Distance to Water
  • Fogarty Memorial School Rated A-
  • Recreation Facilities
  • Bathtub with Shower

About This Home

As of May 2019

Cozy ranch style home with a unique layout, and walking distance to Spring Grove Pond. This 2 bed 2 bath is only 15 mins from Smithfield Crossings and easy access to route 44.

Last Agent to Sell the Property

Ryan Feuti

Coastal Properties Group License #RES.0043245 Listed on: 03/18/2019

Last Buyer's Agent

Craig Luchon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,414

Year Built

  • Built in 1960

Lot Details

  • 0.8 Acre Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,351 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 243SPRINGGROVERDGLOC

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,414

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Above Grade Finished Sq Ft: 1351.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1351.0
  • Dining Room Type: Storage Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34848.0
  • Parcel #: 243SPRINGGROVERDGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3414.0
  • Tax Lot: 31
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 17, 2019
Sold by
Colburn Nancy C
Bought by
Allan Jeffrey L and Allan Clarissa F
Seller's Agent
Ryan Feuti
Coastal Properties Group
Buyer's Agent
Craig Luchon
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$445,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,956
Avg. Annual Appreciation
13.09%
Original Mortgage
$185,000
Outstanding Balance
$161,988
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$283,968

Purchase Details

Closed on
Aug 27, 2018
Sold by
Rushworth William C and Noblin Gail H
Bought by
Colburn Nancy C

Purchase Details

Closed on
Sep 26, 2003
Sold by
Dutch Dolores and Dutch Darryl
Bought by
Colburn Kenneth and Colburn Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.29%
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
Allan Jeffrey L $200,000 --
Colburn Nancy C -- --
Colburn Kenneth $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allan Jeffrey L $185,000
Previous Owner Colburn Kenneth $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2019 05/17/19 Sold $200,000 +0.1% $148 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $199,900 -- $148 / 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 $4,311 $302,300 $131,500 $170,800
2024 $4,190 $302,300 $131,500 $170,800
2023 $4,308 $302,300 $131,500 $170,800
2022 $3,706 $201,000 $81,900 $119,100
2021 $3,706 $201,000 $81,900 $119,100
2020 $3,662 $201,000 $81,900 $119,100
2018 $3,414 $170,700 $67,100 $103,600
2017 $3,368 $170,700 $67,100 $103,600
2016 $3,493 $155,600 $62,200 $93,400
2015 $3,442 $155,600 $62,200 $93,400
2014 $3,387 $155,600 $62,200 $93,400
2013 $3,190 $150,200 $65,600 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1217612

State-Wide MLS

APN: GLOC-000000-000000-000010B-000031