NOT LISTED FOR SALE

28 Mallard Way East Greenwich, RI 02818

Frenchtown Neighborhood

Estimated Value: $394,072 - $530,000

2.16 Acres
$211,467 Price per Acre
94,090 Sq Ft Lot

Last Sold November 23, 2020

Last sale price $265,000

Est. 72% increase in value since last sale

Current estimated payment $2,876/month

241 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wooded Lot
  • Frenchtown Elementary School Rated A
  • 2.16 Acre Lot
  • Tennis Courts

About This Lot

As of November 2020

Build your dream home in new premier neighborhood “Cedar Hill” in East Greenwich! Centrally located off Frenchtown Rd
consisting of 16 home sites offers a serene setting, underground utilities, Town Water, Natural Gas, Approved Septic and all that
EG has to offer. Lot 9 is a beautiful 2 Acre level wooded lot. Minimum house size is 3000 Above Grade and 2750 Above Grade for a
single level home. Custom homes are now under construction starting in the $800’s up to $2 Million. New single family
developments and finished house lots are scarce. Don’t miss this rare offering and opportunity and start building your dream
home now. Other lots to choose from starting at $249,000. Choose your Builder or Meridian Custom Homes. See MLS 1247538.
Discover EG, its’ Top Rated Schools, history, historic places, restaurants, shopping, golf, and marinas. Minutes to I-95, 15 Mins. to
Airport, Train, Providence, Newport and RI Beaches.

Last Agent to Sell the Property

Janis Cappello

RE/MAX Professionals License #RES.0028219 Listed on: 02/25/2020

RE/MAX Professionals

Last Buyer's Agent

Janis Cappello

RE/MAX Professionals License #RES.0028219 Listed on: 02/25/2020

RE/MAX Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,140

Lot Details

  • 2.16 Acre Lot
  • Level Lot
  • Wooded Lot
  • Finished Lot(s)
  • Property is zoned F2

HOA Fees

  • $33 Monthly HOA Fees

Location

  • Property near a hospital

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 409
  • Assessor Parcel Number 28MALLARDWYEGRN

Community Details

Overview

  • Cedar Hill Farms Lot 9 Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$4,140

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 2.16
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Cedar Hill Farms Lot 9
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level, Wooded
  • Topography: Level

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Street Lights
  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Annually

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 94033.0
  • Wooded Area: 90.0
  • Parcel #: 28MALLARDWYEGRN
  • Zoning Description: Residential
  • Zoning: F2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4140.0
  • Tax Lot: 409
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Nov 20, 2020
Sold by
F Paolino Homes Inc
Bought by
Petti Michael J
Seller's Agent
Janis Cappello
RE/MAX Professionals
Buyer's Agent
Janis Cappello
RE/MAX Professionals
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%
Current Estimated Value
$456,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,768
Avg. Annual Appreciation
11.68%
Source: Public Records

Range of Values:

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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
Petti Michael J $265,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $265,000 +6.4% --
10/24/2020 10/24/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $249,000 -- --
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 $5,274 $338,700 $338,700 $0
2024 $4,989 $338,700 $338,700 $0
2023 $5,482 $250,900 $250,900 $0
2022 $5,374 $250,900 $250,900 $0
2021 $5,271 $250,900 $250,900 $0
2020 $4,180 $178,400 $178,400 $0
2019 $4,141 $178,400 $178,400 $0
2018 $4,103 $178,400 $178,400 $0
2017 $4,500 $190,200 $190,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Janis Cappello

    Seller's Agent in 2020

    Janis Cappello

    RE/MAX Professionals

    (401) 578-6656

    6 in this area

    39 Total Sales

    Janis Cappello
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Map

Source: State-Wide MLS

MLS Number: 1247545

State-Wide MLS

APN: 021 019 409 0000

Rhode Island Kent County East Greenwich 02818 Frenchtown

28 Mallard Way, East Greenwich, RI

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