NOT LISTED FOR SALE

342 Lake Dr Chepachet, RI 02814

Estimated Value: $454,000 - $521,000

3 Beds
2 Baths
1,623 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $349,900 $216 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,023/month

32 Days on Market

Highlights

  • Water Access
  • Wood Flooring
  • Whole House Fan
  • West Glocester Elementary School Rated A-
  • Tennis Courts
  • Bathtub with Shower

About This Home

As of June 2021

A Fantastic opportunity awaits with this 3 bedroom ranch home at Echo Lake in Chepachet, RI. This home features a beautiful granite kitchen with custom cabinets, stainless steel appliances, and a commercial-grade oven and stove. With hardwood throughout the main living floor, this home also has a nicely updated main floor bathroom with a tiled shower. The lower level of the home is meticulously finished for added living space and an additional full bath. The covered porch off the back of the home leads to the well-manicured backyard that is fully fenced in. A great spot for entertaining! Other technical features include central AC as well as a pellet stove. Just a short walk to neighborhood access to Echo Lake and just around the corner from the Echo Lake Boat Launch.

Last Agent to Sell the Property

The Fraioli-Wilson Team

Edge Realty RI Listed on: 04/13/2021

Last Buyer's Agent

Paula Morrison

Residential Properties Ltd. License #RES.0023443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1987

Lot Details

  • 7,623 Sq Ft Lot
  • Fenced

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1-Story Property
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Outbuilding

Utilities

  • Whole House Fan
  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 073
  • Assessor Parcel Number 342LAKEDRGLOC

Community Details

Overview

  • Chepatchet Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,028

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.175
  • Subdivision Name: Chepatchet
  • Above Grade Finished Sq Ft: 1008.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 615.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1623.0
  • Dining Room Type: Utility Room
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

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

Utilities

  • Cooling: Central Air, Whole House Fan
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil, Wood, Pellet Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7623.0
  • Parcel #: 342LAKEDRGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5028.0
  • Tax Lot: 073
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 15, 2021
Sold by
David John Deighan Lt and Deighan
Bought by
Elder Nina J and Spencer Mathew
Seller's Agent
The Fraioli-Wilson Team
Edge Realty RI
Buyer's Agent
Paula Morrison
Residential Properties Ltd.
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$478,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,023
Avg. Annual Appreciation
7.90%
Original Mortgage
$279,920
Outstanding Balance
$256,176
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$224,325

Purchase Details

Closed on
Jan 11, 2017
Sold by
Deighan David
Bought by
David Deighan Lt and Deighan

Purchase Details

Closed on
Aug 19, 2015
Sold by
Bilodeau Steven A and Bilodeau Linda J
Bought by
Bilodeau Ft and Bilodeau
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
Elder Nina J $349,900 None Available
David Deighan Lt -- --
Bilodeau Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elder Nina J $279,920
Previous Owner Bilodeau Steven A $40,000
Previous Owner Bilodeau Steven A $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $349,900 0.0% $216 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $349,900 +55.5% $216 / Sq Ft
07/27/2016 07/27/16 Sold $225,000 -2.1% $117 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $229,900 -- $120 / 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 $4,796 $346,000 $93,400 $252,600
2023 $4,931 $346,000 $93,400 $252,600
2022 $4,547 $246,600 $63,700 $182,900
2021 $4,547 $246,600 $63,700 $182,900
2020 $4,493 $246,600 $63,700 $182,900
2018 $4,098 $204,900 $43,700 $161,200
2017 $4,043 $204,900 $43,700 $161,200
2016 $3,089 $137,600 $32,800 $104,800
2015 $3,044 $137,600 $32,800 $104,800
2014 $2,996 $137,600 $32,800 $104,800
2013 $3,658 $172,200 $44,000 $128,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1279357

State-Wide MLS

APN: GLOC-000000-000000-000000PL-000073