NOT LISTED FOR SALE

294 Lake Dr Chepachet, RI 02814

Estimated Value: $574,000 - $590,000

3 Beds
2.5 Baths
1,764 Sq Ft
$328/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $415,000 $235 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,561/month

18 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • West Glocester Elementary School Rated A-
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of December 2021

Welcome to this beautiful 3 bed 2.5 bath Custom cape built in 2016. This home has a huge kitchen, large bedrooms and a first floor master suite. Fantastic location across the street from Echo Lake / Pascoag Reservoir. Beautiful water view and access to the association beach with water rights. Nice fenced in yard, large deck perfect for entertaining.

Last Agent to Sell the Property

Premier Group

eXp Realty LLC Listed on: 10/18/2021

Last Buyer's Agent

Jennifer Lemme

RE/MAX Town & Country License #RES.0041327

RE/MAX Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,683

Year Built

  • Built in 2016

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 082
  • Assessor Parcel Number 294LAKEDRGLOC

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,683

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: PMRG
  • Co List Office Phone: 401-288-3600
  • Above Grade Finished Sq Ft: 1764.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2016
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 1764.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 294LAKEDRGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5683.0
  • Tax Lot: 082
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Dec 3, 2021
Sold by
Fregeau Karen
Bought by
Sullivan Sandra
Seller's Agent
Premier Group
eXp Realty LLC
Buyer's Agent
Jennifer Lemme
RE/MAX Town & Country
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%
Current Estimated Value
$578,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,712
Avg. Annual Appreciation
8.76%
Original Mortgage
$332,000
Outstanding Balance
$305,271
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,441

Purchase Details

Closed on
Jun 16, 2021
Sold by
Fregeau Joseph
Bought by
Fregeau Karen

Purchase Details

Closed on
Aug 15, 2018
Sold by
Hopkins Stephen E and Hopkins Thomas F
Bought by
Sarji Kamil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Sullivan Sandra $415,000 None Available
Fregeau Karen -- None Available
Sarji Kamil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Sandra $332,000
Previous Owner Sarji Kamil $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $415,000 -2.3% $235 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $424,900 -- $241 / 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 $6,297 $441,600 $94,400 $347,200
2024 $6,121 $441,600 $94,400 $347,200
2023 $6,293 $441,600 $94,400 $347,200
2022 $5,751 $311,900 $64,400 $247,500
2021 $5,751 $311,900 $64,400 $247,500
2020 $5,683 $311,900 $64,400 $247,500
2018 $2,182 $109,100 $44,100 $65,000
2017 $1,067 $54,100 $44,100 $10,000
2016 $743 $33,100 $33,100 $0
2015 $732 $33,100 $33,100 $0
2014 $779 $35,800 $35,800 $0
2013 $935 $44,000 $44,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1296478

State-Wide MLS

APN: GLOC-000000-000000-000000PL-000082