NOT LISTED FOR SALE

262 Railroad Ave Saunderstown, RI 02874

Estimated Value: $362,000 - $446,000

2 Beds
2 Baths
960 Sq Ft
$411/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $165,000 $172 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,562/month

81 Days on Market

Highlights

  • Golf Course Community
  • Barn
  • Wooded Lot
  • Stony Lane Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of January 2016

Beach cottage style 2-3 bed Ranch on 1/2 acre in rural Slocum. New flooring/orig. hrdwds, updated elec., on-demand hot water, fresh paint, applianced, Master suite w/bthshwr! Outbuilding w/elec. perfect for studio/wrkshp. Pride of ownership evident!

Last Agent to Sell the Property

Doug Street

RI Real Estate Services License #RES.0028318 Listed on: 09/18/2015

RI Real Estate Services

Last Buyer's Agent

Barrett Gross

RE/MAX FLAGSHIP, INC. License #RES.0024476

RE/MAX FLAGSHIP, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 1958

Lot Details

  • 0.56 Acre Lot
  • Wooded Lot
  • Property is zoned RR

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Partial Basement
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Patio
  • Outbuilding

Farming

  • Barn

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • 220 Volts
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 262RAILROADAVNKNG

Community Details

Overview

  • Slocum Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,084

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5581
  • Subdivision Name: SLOCUM
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1958
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Amenities: Cable TV
  • Living Area: 960.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Patio
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24310.0
  • Parcel #: 262RAILROADAVNKNG
  • Zoning: RR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3084.0
  • Tax Lot: 42
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Jan 8, 2016
Sold by
Howe Cynthia
Bought by
Bivona William J and Paige Deborah A
Seller's Agent
Doug Street
RI Real Estate Services
Buyer's Agent
Barrett Gross
RE/MAX FLAGSHIP, INC.
List Price
$184,900
Sold Price
$165,000
Premium/Discount to List
-$19,900
-10.76%
Current Estimated Value
$404,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,201
Avg. Annual Appreciation
9.50%
Original Mortgage
$123,750
Outstanding Balance
$100,167
Interest Rate
4.02%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$294,237

Purchase Details

Closed on
Sep 22, 2009
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 15, 2005
Sold by
Corey Agnes L
Bought by
Silva Michael M and Ross Virginia M
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
Bivona William J $165,000 --
Federal National Mortgage Association $188,000 --
Silva Michael M $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bivona William J $123,750
Previous Owner Silva Michael M $84,000
Previous Owner Silva Michael M $39,000
Previous Owner Silva Michael M $30,000
Previous Owner Silva Michael M $86,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $165,000 -10.8% $172 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $184,900 -- $193 / 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 $4,183 $291,700 $156,600 $135,100
2023 $4,183 $291,700 $156,600 $135,100
2022 $4,101 $291,700 $156,600 $135,100
2021 $3,694 $211,100 $99,400 $111,700
2020 $3,608 $211,100 $99,400 $111,700
2019 $3,608 $211,100 $99,400 $111,700
2018 $3,369 $177,600 $95,300 $82,300
2017 $3,302 $177,600 $95,300 $82,300
2016 $3,207 $177,600 $95,300 $82,300
2015 $3,084 $159,800 $91,200 $68,600
2014 $3,022 $159,800 $91,200 $68,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1108181

State-Wide MLS

APN: NKIN-000058-000042