NOT LISTED FOR SALE

28 Michaela Ct West Kingston, RI 02892

Estimated Value: $561,000 - $653,000

0.45 Acre
$1,310,676 Price per Acre
19,602 Sq Ft Lot

Last Sold February 26, 2020

Last sale price $40,000 $23 Per Sq Ft

Est. 1,375% increase in value since last sale

Current estimated payment $3,656/month

129 Days on Market

Highlights

  • Golf Course Community
  • Tennis Courts
  • Level Lot
  • Wooded Lot
  • Public Transportation

About This Lot

As of February 2020

One of three lots available in Hillside Acres, a new subdivision in West Kingston. Three bedroom OWTS approved, lots are ready to build. These lots are restricted to affordable housing. New homes must meet affordable housing guidelines. Buyers must qualify at 120% of South Kingstown's median household income of $80,407 for 2017. Price can range as high as $360,000 based on current interest rates. Asking price is $75,000 each lot. All three lots sold at $40,000 each.

Last Agent to Sell the Property

The Daglieri Team

RE/MAX FLAGSHIP, INC. Listed on: 09/19/2019

RE/MAX FLAGSHIP, INC.

Co-Listed By

George Daglieri

RE/MAX FLAGSHIP, INC. License #REB.0012399

Last Buyer's Agent

Joel Daglieri

RE/MAX FLAGSHIP, INC. License #RES.0041017

RE/MAX FLAGSHIP, INC.

Property Details

Property Type

  • Land

Year Built

  • 2020

Lot Details

  • 0.45 Acre Lot
  • Level Lot
  • Wooded Lot
  • Finished Lot(s)
  • Property is zoned R-80

HOA Fees

  • $25 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Private Water Source
  • Well
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 28MICHAELACTSKNG

Community Details

Overview

  • Hillside Acres Subdivision

Amenities

  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts

Property Details

Property Type

Land

Year Built

2020

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.45
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: RMAX09
  • Co List Office Phone: 401-789-2255
  • Subdivision Name: Hillside Acres
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0
  • Year Built: 2020

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Wooded, Level
  • Topography: Level

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available, Underground Utilities
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Near Schools, Public Transportation, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 300.0
  • Association Fee Frequency: Annually

Lot Info

  • Current Use: Residential
  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 19602.0
  • Wooded Area: 100.0
  • Parcel #: 28MICHAELACTSKNG
  • Zoning Description: Residential
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1345.0
  • Tax Lot: 30
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Michaela Court Llc
Bought by
Ferro Anthony P and Ferro Rana
Total Days on Market
129
Current Estimated Value
$589,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,006
Outstanding Balance
$316,438
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$259,852

Purchase Details

Closed on
Dec 23, 2015
Sold by
Scuncio John J
Bought by
5A Builders Llc
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
Ferro Anthony P $358,500 None Available
Ferro Anthony P $358,500 None Available
5A Builders Llc $550,000 --
5A Builders Llc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferro Anthony P $10,495
Open Ferro Anthony P $352,006
Closed Ferro Anthony P $352,006
Previous Owner 5A Builders Llc $426,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $40,000 -46.7% $23 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
09/19/2019 09/19/19 For Sale $75,000 -- $43 / 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 $3,854 $348,800 $107,100 $241,700
2023 $3,854 $348,800 $107,100 $241,700
2022 $3,819 $348,800 $107,100 $241,700
2021 $5,277 $365,200 $93,100 $272,100
2020 $5,277 $365,200 $93,100 $272,100
2019 $1,345 $93,100 $93,100 $0
2018 $1,358 $86,600 $86,600 $0
2017 $5,602 $365,900 $163,900 $202,000
2016 $3,833 $254,000 $163,900 $90,100
2015 $4,231 $272,600 $182,400 $90,200
2014 $4,220 $272,600 $182,400 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1236742

State-Wide MLS

APN: SKIN-000021-000000-000030