NOT LISTED FOR SALE

3 Franklin Way North Smithfield, RI 02896

Estimated Value: $719,000 - $826,000

3 Beds
3.5 Baths
4,571 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $600,000 $131 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,579/month

7 Days on Market

Highlights

  • In Ground Pool
  • 2.07 Acre Lot
  • Cathedral Ceiling
  • North Smithfield Middle School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of June 2022

Nestled back on 2+ acres surrounded by natural woods, you find this wonderful home waiting for you to make it your own! An open floor plan with hardwood floors throughout and multiple skylights, makes this home bright and inviting. The immaculate kitchen with granite and stainless steel overlooks the Den with a beautiful stone encased fireplace that creates a warm space where everyone can relax. The spacious living room features cathedral ceilings and two sliding doors that lead out to the deck. The master suite has a walk-in closet, double vanity master bath, and a private balcony. Out in the large private yard, you can lounge by your pool or play basketball on your own private half-court! This home has something for everyone!

Last Agent to Sell the Property

Alex Tonole

BHHS Commonwealth Real Estate License #RES.0046289 Listed on: 04/21/2022

BHHS  Commonwealth Real Estate

Last Buyer's Agent

Tyler Cote

Cote Partners Realty LLC License #REB.0019751

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,873

Year Built

  • Built in 1980

Lot Details

  • 2.07 Acre Lot
  • Fenced
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Stone Fireplace
  • Game Room
  • Workshop
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Pool

  • In Ground Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Hot Water Heating System
  • 200+ Amp Service
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Community Details

  • Shops
  • Public Transportation

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 3FRANKLINWYNSMF

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,873

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0722
  • Inclusions: Seller's are requesting a closing date of June 30th. Please Find Seller's Disclosures Attached. Buyer/Buyer's Agent Responsible for all Due Diligence on Said Property.
  • Above Grade Finished Sq Ft: 3821.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Washer
  • Has Basement: Exterior Entry, Finished, Interior Entry, Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 750.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower
  • Living Area: 4571.0
  • Dining Room Type: Bathroom, Game Room, Storage Room, Workshop
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Pool Features: In Ground
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Wall Unit(s), Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil, Other, Wood, Pellet Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 90265.0
  • Parcel #: 3FRANKLINWYNSMF
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6872.75
  • Tax Lot: 003
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 30, 2022
Sold by
Headley Richard A
Bought by
Gormly Christina
Seller's Agent
Alex Tonole
BHHS Commonwealth Real Estate
Buyer's Agent
Tyler Cote
Cote Partners Realty LLC
List Price
$585,000
Sold Price
$600,000
Premium/Discount to List
$15,000
2.56%
Current Estimated Value
$758,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,038
Avg. Annual Appreciation
7.12%
Original Mortgage
$552,000
Outstanding Balance
$524,388
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$233,650

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 30, 2020
Sold by
Duffy Phanie
Bought by
Headley Richard A
Seller's Agent
Cindy Croteau
HomeSmart Professionals
Buyer's Agent
Paula Gallant
June Realty
List Price
$500,000
Sold Price
$499,000
Premium/Discount to List
-$1,000
-0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Aug 8, 2013
Closed on
Mar 3, 2014
Sold by
Saffer Danie
Bought by
Duffy Kevin and Duffy Phanie
Seller's Agent
Dan Saffer
PVD Properties
Buyer's Agent
Rita Benoit
HomeSmart Professionals
List Price
$239,000
Sold Price
$355,000
Premium/Discount to List
$116,000
48.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%

Purchase Details

Listed on
Jun 17, 2013
Closed on
Jul 31, 2013
Sold by
Fhlmc
Bought by
Saffer Daniel
Seller's Agent
Nicole Garbutt
Re/Max Bell Park
Buyer's Agent
Harry Smith
PVD Properties
List Price
$189,900
Sold Price
$190,100
Premium/Discount to List
$200
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
135.27%

Purchase Details

Closed on
Mar 12, 2011
Sold by
Russo Humbert J and Jpmorgan Chase Bank Na
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jul 31, 1996
Sold by
Theroux Suzanne Y
Bought by
Russo Humbert J and Russo Kathryn
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
Gormly Christina $600,000 None Available
Headley Richard A $500,000 None Available
Duffy Kevin $355,000 --
Saffer Daniel $191,100 --
Jpmorgan Chase Bank Na $208,010 --
Russo Humbert J $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gormly Christina $552,000
Previous Owner Headley Richard A $500,000
Previous Owner Russo Humbert J $340,000
Previous Owner Russo Humbert J $341,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $600,000 +2.6% $131 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $585,000 +17.2% $128 / Sq Ft
09/30/2020 09/30/20 Sold $499,000 -0.2% $131 / Sq Ft View Prior Sale
08/31/2020 08/31/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $500,000 +40.8% $131 / Sq Ft
03/28/2014 03/28/14 Sold $355,000 +48.5% $76 / Sq Ft View Prior Sale
02/26/2014 02/26/14 Pending -- -- --
08/08/2013 08/08/13 For Sale $239,000 +25.7% $51 / Sq Ft
07/04/2013 07/04/13 Sold $190,100 +0.1% $41 / Sq Ft View Prior Sale
06/19/2013 06/19/13 For Sale $189,900 -- $41 / 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 $7,252 $491,000 $150,000 $341,000
2023 $6,997 $491,000 $150,000 $341,000
2022 $6,830 $491,000 $150,000 $341,000
2021 $6,873 $421,900 $148,900 $273,000
2020 $6,873 $421,900 $148,900 $273,000
2019 $6,696 $421,900 $148,900 $273,000
2018 $6,965 $404,000 $185,800 $218,200
2017 $6,795 $404,000 $185,800 $218,200
2016 $6,609 $404,000 $185,800 $218,200
2015 $6,484 $388,700 $172,300 $216,400
2014 $6,227 $388,700 $172,300 $216,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1307772

State-Wide MLS

APN: NSMI-000003-000000-000234