NOT LISTED FOR SALE

32 Money Hill Rd Chepachet, RI 02814

Estimated Value: $505,947 - $661,000

7 Beds
3 Baths
6,344 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $286,000 $45 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,565/month

85 Days on Market

Highlights

  • Golf Course Community
  • Barn
  • Wood Flooring
  • West Glocester Elementary School Rated A-
  • 1.45 Acre Lot
  • Attic

About This Home

As of January 2019

This large 3 family home is located on 1.45 acres in the historical district of Glocester. Two of the spacious units are rented. This home is full of character and is perfect owner occupied or investment property. The garage/barn with two car garage and loft could possibly be another rental opportunity. This home is in the heart of Chepachet within walking distance to the shops in the center of town.

Last Agent to Sell the Property

Goss Team Closings

Williams & Stuart Real Estate Listed on: 09/24/2018

Co-Listed By

Michelle Jordan

Williams & Stuart Real Estate License #RES.0042328

Last Buyer's Agent

Nicole Garbutt

Re/Max Bell Park License #RES.0033477

Re/Max Bell Park

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,226

Year Built

  • Built in 1900

Lot Details

  • 1.45

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 6,344 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Cesspool

Additional Features

  • 1.45 Acre Lot
  • Barn

Listing and Financial Details

  • Tax Lot 023
  • Assessor Parcel Number 32MONEYHILLRDGLOC

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,226

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.45
  • Co List Office Mls Id: RMAX19
  • Co List Office Phone: 401-232-3900
  • Above Grade Finished Sq Ft: 6344.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Clapboard
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Individual, Propane, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 63162.0
  • Parcel #: 32MONEYHILLRDGLOC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5226.48
  • Tax Lot: 023
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Dec 20, 2018
Sold by
Fortier John M
Bought by
Cooper Brian
Seller's Agent
Goss Team Closings
Williams & Stuart Real Estate
Buyer's Agent
Nicole Garbutt
Re/Max Bell Park
List Price
$339,000
Sold Price
$286,000
Premium/Discount to List
-$53,000
-15.63%
Current Estimated Value
$563,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,487
Avg. Annual Appreciation
11.62%
Original Mortgage
$280,819
Outstanding Balance
$249,335
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$342,245

Purchase Details

Closed on
Feb 18, 2003
Sold by
Valentine Realty Inc
Bought by
Fortier John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2002
Sold by
Valentine Realty Inc
Bought by
Valentine Rlty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1997
Sold by
Valentine Realty Inc
Bought by
Volpe Richard and Pydynkowski Tourjee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
8.12%
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
Cooper Brian $286,000 --
Fortier John $210,000 --
Valentine Rlty Inc $212,500 --
Volpe Richard $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Brian $19,140
Open Cooper Brian $280,819
Previous Owner Volpe Richard $215,000
Previous Owner Volpe Richard $227,918
Previous Owner Volpe Richard $219,500
Previous Owner Volpe Richard $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $286,000 -15.6% $45 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $339,000 -- $53 / 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 $5,935 $428,200 $139,400 $288,800
2023 $6,102 $428,200 $139,400 $288,800
2022 $5,340 $289,600 $86,700 $202,900
2021 $5,340 $289,600 $86,700 $202,900
2020 $5,277 $289,600 $86,700 $202,900
2018 $5,298 $264,900 $71,100 $193,800
2017 $5,226 $264,900 $71,100 $193,800
2016 $5,224 $232,700 $65,200 $167,500
2015 $5,147 $232,700 $65,200 $167,500
2014 $5,066 $232,700 $65,200 $167,500
2013 $4,607 $216,900 $69,000 $147,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1203064

State-Wide MLS

APN: GLOC-000000-000000-000010A-000023