NOT LISTED FOR SALE

325 Lake Washington Dr Chepachet, RI 02814

Estimated Value: $221,000 - $411,000

1 Bed
1 Bath
1,040 Sq Ft
$336/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $217,000 $209 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,174/month

36 Days on Market

Highlights

  • Water Views
  • Deck
  • Bathtub with Shower
  • Ponaganset Middle School Rated A-
  • Attic
  • Baseboard Heating

About This Home

As of March 2024

This one owner ranch is offering 1 bedroom, 1 bathroom on a low traveled road. The home was originally built in 1988, but could use some updating. Full basement for room for expansion. Home also provides a 2 bedroom septic.

Last Agent to Sell the Property

Gregory Coupe

Long Realty, Inc. License #REC.0005239 Listed on: 10/29/2023

Last Buyer's Agent

Gregory Coupe

Long Realty, Inc. License #REC.0005239 Listed on: 10/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,369

Year Built

  • Built in 1988

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned A4

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Utility Room
  • Water Views
  • Dishwasher
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 183
  • Assessor Parcel Number 325LAKEWASHINGTONDRGLOC

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,369

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 1040.0
  • Dining Room Type: Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 325LAKEWASHINGTONDRGLOC
  • Zoning: A4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4369.05
  • Tax Lot: 183
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2025
Sold by
Lace John K
Bought by
Lace Lisa
Current Estimated Value
$349,643

Purchase Details

Closed on
Jul 24, 2025
Sold by
Lace John K
Bought by
Lace John K and Lace Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2024
Sold by
Danti Thomas J
Bought by
Lace John K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 29, 2023
Closed on
Mar 18, 2024
Sold by
Lace Terry F Est and Lace
Bought by
Lace John K
Seller's Agent
Gregory Coupe
Long Realty, Inc.
Buyer's Agent
Gregory Coupe
Long Realty, Inc.
List Price
$267,000
Sold Price
$217,000
Premium/Discount to List
-$50,000
-18.73%
Views
155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.51%
Original Mortgage
$5,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 29, 2023
Closed on
Feb 1, 2024
Sold by
Danti Thomas J
Bought by
Lace John K
Seller's Agent
Gregory Coupe
Long Realty, Inc.
Buyer's Agent
Gregory Coupe
Long Realty, Inc.
List Price
$267,000
Sold Price
$217,000
Premium/Discount to List
-$50,000
-18.73%
Views
155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lace Lisa $10,000 --
Lace John K -- --
Lace John K -- --
Lace John K $40,000 None Available
Lace John K $40,000 None Available
Lace John K $217,000 None Available
Lace John K $217,000 None Available
Lace John K $20,000 None Available
Lace John K $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lace John K $80,000
Previous Owner Lace John K $200,000
Previous Owner Lace John K $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $217,000 -18.7% $209 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
10/29/2023 10/29/23 For Sale $267,000 -- $257 / 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 $4,372 $306,600 $122,700 $183,900
2024 $4,249 $306,600 $122,700 $183,900
2023 $4,369 $306,600 $122,700 $183,900
2022 $1,804 $207,300 $76,400 $130,900
2021 $3,823 $207,300 $76,400 $130,900
2020 $3,777 $207,300 $76,400 $130,900
2018 $3,584 $179,200 $62,600 $116,600
2017 $3,536 $179,200 $62,600 $116,600
2016 $3,269 $145,600 $52,400 $93,200
2015 $3,221 $145,600 $52,400 $93,200
2014 $3,170 $145,600 $52,400 $93,200
2013 $3,611 $170,000 $64,000 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1347042

State-Wide MLS

APN: GLOC-000000-000000-000000LW-000183