NOT LISTED FOR SALE

318 Lake Dr Chepachet, RI 02814

Estimated Value: $285,000 - $385,000

2 Beds
1 Bath
808 Sq Ft
$423/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $145,000 $179 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,133/month

29 Days on Market

Highlights

  • Water Access
  • Deck
  • Porch
  • West Glocester Elementary School Rated A-
  • Thermal Windows
  • Forced Air Heating System

About This Home

As of July 2016

ENJOY LIFE ON THE LAKE FISHING/SWIMMING/BOATING AND MORE. SINGLE LEVEL LIVING. NICE YARD. LARGE LOT CURRENTLY SET UP AS 1BR, ADDITION PREV USED AS 2NDBR. PERFECT STARTER/DOWNSIZE. SEPTIC PLAN IN PLACE. SELLER WILLING TO CREDIT TOWARDS INSTALL.

Last Agent to Sell the Property

Jared Iannelli

Penrose Realty License #RES.0041056 Listed on: 05/19/2016

Last Buyer's Agent

Devon Dwyer

Keller Williams Realty License #RES.0040278

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced

Home Design

  • Combination Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 808 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Laminate Flooring
  • Unfinished Basement
  • Partial Basement
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Cesspool

Community Details

  • Echo Lake Subdivision

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 318LAKEDRGLOC

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,404

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: ECHO LAKE
  • Above Grade Finished Sq Ft: 808.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Other
  • Living Area: 808.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Combination, Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 318LAKEDRGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2404.0
  • Tax Lot: 78
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Jul 18, 2016
Sold by
Marshall Christopher P
Bought by
Obuchon Matthew P
Seller's Agent
Jared Iannelli
Penrose Realty
Buyer's Agent
Devon Dwyer
Keller Williams Realty
List Price
$138,500
Sold Price
$145,000
Premium/Discount to List
$6,500
4.69%
Current Estimated Value
$342,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,103
Avg. Annual Appreciation
10.42%
Original Mortgage
$140,650
Outstanding Balance
$114,356
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$242,160

Purchase Details

Closed on
Nov 1, 2011
Sold by
Gingell Sandra D and Richardson Robin E
Bought by
Marshall Christopher P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,154
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage
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
Obuchon Matthew P $145,000 --
Marshall Christopher P $92,500 --
Boyanowski Dolores F E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obuchon Matthew P $140,650
Previous Owner Boyanowski Dolores F E $90,154
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $145,000 +4.7% $179 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $138,500 -- $171 / 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 $3,124 $225,400 $90,200 $135,200
2023 $3,212 $225,400 $90,200 $135,200
2022 $2,871 $155,700 $61,500 $94,200
2021 $2,871 $155,700 $61,500 $94,200
2020 $2,837 $155,700 $61,500 $94,200
2018 $2,878 $143,900 $42,200 $101,700
2017 $2,839 $143,900 $42,200 $101,700
2016 $2,440 $108,700 $32,000 $76,700
2015 $2,404 $108,700 $32,000 $76,700
2014 $2,366 $108,700 $32,000 $76,700
2013 $2,668 $125,600 $44,000 $81,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jared Iannelli

    Penrose Realty

    (401) 338-9622

    5 Total Sales

    Section Image

  • D

    Buyer's Agent in 2016

    Devon Dwyer

    Keller Williams Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1126449

State-Wide MLS

APN: GLOC-000000-000000-000000PL-000078

Rhode Island Providence County Chepachet 02814

318 Lake Dr, Chepachet, RI

This home is located at 318 Lake Dr, Chepachet, RI 02814 since 19 May 2016 and is currently estimated at $342,103, approximately $423 per square foot. This property was built in 1950. 318 Lake Dr is a home located in Providence County with nearby schools including West Glocester Elementary School, Ponaganset Middle School, and Ponaganset High School.

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