NOT LISTED FOR SALE

2545 Kingstown Rd Kingston, RI 02881

Estimated Value: $773,000 - $1,418,000

5 Beds
3 Baths
3,405 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $550,000 $162 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,851/month

76 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Corner Lot
  • Wood Flooring
  • 4 Fireplaces
  • Porch

About This Home

As of June 2021

The Elisha Reynolds House (c1736-1829) offers the opportunity to own a piece of history. This spectacular center hall colonial is nestled in the heart of Kingston Village, minutes to local and state beaches, and a short stroll to the University of Rhode Island. This home has been operated as a successful Bed & Breakfast and has most recently been used as a single-family home. Perfect for a business or extended family, offering 5-6 bedrooms. Thoughtfully updated with loving restoration of the property throughout. Renovations include repair and replacement of the roof, remodeled kitchen and baths, conversion to natural gas, replacement of the heating system and restoration of the chimneys and addition of ductless A/C, among many other improvements. The first floor offers a formal living and dining room, library, bedroom, full bathroom and eat-in kitchen. The second level offers four additional bedrooms, two full bathrooms, laundry room and a bonus room!

Last Agent to Sell the Property

Norma Caiazza

Coldwell Banker Realty License #RES.0044513 Listed on: 03/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Steven Rei

RI Real Estate Services License #RES.0033589

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,575

Year Built

  • Built in 1736

Lot Details

  • 0.55 Acre Lot
  • Corner Lot
  • Property is zoned RES-R10

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 3,405 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Owned
  • Storm Windows

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • Kingston Village Subdivision
  • Public Transportation

Listing and Financial Details

  • Legal Lot and Block 93 / 23-3
  • Assessor Parcel Number 2545KINGSTOWNRDSKNG

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,575

Year Built

Built in 1736

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Subdivision Name: Kingston Village
  • Above Grade Finished Sq Ft: 3405.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1736
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Living Area: 3405.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Combination
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Security: Security System Owned
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23958.0
  • Parcel #: 2545KINGSTOWNRDSKNG
  • Zoning: RES-R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5575.0
  • Tax Block: 23-3
  • Tax Lot: 93
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jun 16, 2021
Sold by
Gagnon Catherine and Danis Ann T
Bought by
Arnold Erin E and Arnold Jeremy Johnny
Seller's Agent
Norma Caiazza
Coldwell Banker Realty
Buyer's Agent
Steven Rei
RI Real Estate Services
List Price
$615,000
Sold Price
$550,000
Premium/Discount to List
-$65,000
-10.57%
Current Estimated Value
$977,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,396
Avg. Annual Appreciation
10.24%
Original Mortgage
$412,500
Outstanding Balance
$375,899
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$451,634

Purchase Details

Closed on
Jan 18, 2011
Sold by
Munro Joseph B
Bought by
Danis Ann T and Gagnon Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.46%

Purchase Details

Closed on
Jan 14, 2011
Sold by
Munro Marilyn F Est
Bought by
Munro Joseph B and Munro Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.46%
Source: Public Records

Range of Values:

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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
Arnold Erin E $550,000 None Available
Arnold Erin E $550,000 None Available
Danis Ann T $300,000 --
Munor Joseph B -- --
Munro Joseph B -- --
Munor Joseph B -- --
Munro Joseph B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Erin E $412,500
Closed Arnold Erin E $412,500
Previous Owner Cagnon Catherine $300,000
Previous Owner Munro Joseph B $100,000
Previous Owner Munro Joseph B $290,000
Previous Owner Munro Joseph B $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $550,000 -10.6% $162 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $615,000 -- $181 / 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 $6,312 $571,200 $131,400 $439,800
2023 $6,312 $571,200 $131,400 $439,800
2022 $6,255 $571,200 $131,400 $439,800
2021 $5,575 $385,800 $84,400 $301,400
2020 $5,575 $385,800 $84,400 $301,400
2019 $5,575 $385,800 $84,400 $301,400
2018 $5,640 $359,700 $72,300 $287,400
2017 $5,507 $359,700 $72,300 $287,400
2016 $5,428 $359,700 $72,300 $287,400
2015 $6,088 $392,300 $76,600 $315,700
2014 $6,073 $392,300 $76,600 $315,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1276059

State-Wide MLS

APN: SKIN-002303-000000-000043