NOT LISTED FOR SALE

35 Forest Ln East Greenwich, RI 02818

Frenchtown Neighborhood

Estimated Value: $722,000 - $809,000

8.96 Acres
$85,653 Price per Acre
390,298 Sq Ft Lot

Last Sold June 21, 2018

Last sale price $100,000 $27 Per Sq Ft

Est. 667% increase in value since last sale

Current estimated payment $4,904/month

243 Days on Market

Highlights

  • Golf Course Community
  • 8.96 Acre Lot
  • Shops
  • Frenchtown Elementary School Rated A
  • Wooded Lot
  • Property near a hospital

About This Lot

As of June 2018

Builders/developers, 8.94 acres. property has large 3,000 sq foot building which was destroyed by fire. Property has DEM violations, buyer to see attached violations on mls. must be sold with 55 Forest lane ( mls 1173773) Do not walk property without an appointment

Last Agent to Sell the Property

Raymond Horbert

Williams & Stuart Real Estate License #RES.0031787 Listed on: 09/20/2017

Williams & Stuart Real Estate

Last Buyer's Agent

Scott McGee

RE/MAX Properties

RE/MAX Properties

Property Details

Property Type

  • Land

Lot Details

  • 8.96 Acre Lot
  • Dirt Road
  • Wooded Lot
  • Rough Grade

Location

  • Property near a hospital

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 35ForestLANEEGRN

Community Details

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Outbuilding

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 8.96
  • Road Surface Type: Dirt
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family, Residential

Exterior Features

  • Lot Features: Wooded
  • Topography: Rough
  • Other Structures: Outbuilding

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 390297.0
  • Wooded Area: 90.0
  • Parcel #: 35ForestLANEEGRN
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12800.0
  • Tax Lot: 002
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Chen Yongjiang
Bought by
Chen Weikuang and Chen Yongjiang
Current Estimated Value
$767,454

Purchase Details

Closed on
Apr 30, 2020
Sold by
Greco Earl M
Bought by
Chen Jongjiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1973
Bought by
Greco Earl M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Weikuang -- None Available
Chen Jongjiang $400,000 None Available
Greco Earl M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Jongjiang $260,000
Previous Owner Greco Earl M $384,000
Previous Owner Greco Earl M $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $100,000 -41.2% $27 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
09/20/2017 09/20/17 For Sale $170,000 -- $45 / 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 $10,402 $668,100 $299,400 $368,700
2024 $9,841 $668,100 $299,400 $368,700
2023 $10,331 $472,800 $239,500 $233,300
2022 $10,127 $472,800 $239,500 $233,300
2021 $9,934 $472,800 $239,500 $233,300
2020 $10,461 $446,500 $238,600 $207,900
2019 $11,665 $502,600 $280,800 $221,800
2018 $11,560 $502,600 $280,800 $221,800
2017 $9,769 $412,900 $218,000 $194,900
2016 $9,947 $412,900 $218,000 $194,900
2015 $9,777 $412,900 $218,000 $194,900
2014 $9,660 $415,300 $221,700 $193,600
Source: Public Records

Agents Affiliated with this Home

  • Raymond Horbert

    Seller's Agent in 2018

    Raymond Horbert

    Williams & Stuart Real Estate

    (401) 942-0200

    6 Total Sales

    Raymond Horbert
    Section Image
  • Scott McGee

    Buyer's Agent in 2018

    Scott McGee

    RE/MAX Properties

    (401) 639-2906

    1,034 Total Sales

    Scott McGee
    Section Image

  • B

    Buyer Co-Listing Agent in 2018

    Brian Bursell

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1173783

State-Wide MLS

APN: EGRE-000019-000019-000132

Rhode Island Kent County East Greenwich 02818 Frenchtown

35 Forest Ln, East Greenwich, RI

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