NOT LISTED FOR SALE

37 Mallard Way East Greenwich, RI 02818

Frenchtown Neighborhood

Estimated Value: $1,003,000 - $1,444,000

2.29 Acres
$547,810 Price per Acre
99,752 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $275,000

Est. 356% increase in value since last sale

Current estimated payment $8,087/month

64 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wooded Lot
  • Frenchtown Elementary School Rated A
  • 2.29 Acre Lot
  • Tennis Courts

About This Lot

As of April 2020

Build your dream home in new premier neighborhood "Cedar Hill" in East Greenwich! Centrally located off Frenchtown Rd consisting of 16 home sites offers a serene setting, underground utilities, Town Water, Natural Gas, Approved Septic and all that EG has to offer. Minimum house size is 3000 Above Grade and 2750 Above Grade for a single level home. Custom homes are now under construction starting in the $800's up to $2 Million. New single family developments and finished house lots are scarce. Don't miss this rare offering and opportunity and start building your dream home now. Other lots to choose from starting at $249,000. Choose your Builder or Meridian Custom Homes. Discover EG, its' Top Rated Schools, history, historic places, restaurants, shopping, golf, and marinas. Minutes to I-95, 15 Mins. to Airport, Train, Providence, Newport and RI Beaches.

Last Agent to Sell the Property

Janis Cappello

RE/MAX Professionals License #RES.0028219 Listed on: 01/26/2020

RE/MAX Professionals

Last Buyer's Agent

Rita Wright

RE/MAX Professionals License #RES.0018276

RE/MAX Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,465

Lot Details

  • 2.29 Acre Lot
  • Level Lot
  • Wooded Lot
  • Finished Lot(s)
  • Property is zoned F2

HOA Fees

  • $33 Monthly HOA Fees

Location

  • Property near a hospital

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 411
  • Assessor Parcel Number 37MALLARDWYEGRN

Community Details

Overview

  • Cedar Hill Farm Lot 12 Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$17,465

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 2.29
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Cedar Hill Farm Lot 12
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Lot Features: Level, Wooded
  • Topography: Level
  • Disclosures: Septic Disclosure

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Street Lights
  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Annually

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 99817.0
  • Wooded Area: 90.0
  • Parcel #: 37MALLARDWYEGRN
  • Zoning Description: Residential
  • Zoning: F2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 411
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2020
Closed on
Apr 30, 2020
Sold by
F Paolino Homes Inc
Bought by
Kelly Richard T and Kelly Fredette
Seller's Agent
Janis Cappello
RE/MAX Professionals
Buyer's Agent
Rita Wright
RE/MAX Professionals
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$1,254,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$979,484
Avg. Annual Appreciation
31.78%
Original Mortgage
$778,250
Outstanding Balance
$690,732
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$563,753
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
Kelly Richard T $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Richard T $778,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $275,000 0.0% --
03/31/2020 03/31/20 Pending -- -- --
01/26/2020 01/26/20 For Sale $275,000 -- --
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 $17,465 $1,121,700 $352,300 $769,400
2024 $16,523 $1,121,700 $352,300 $769,400
2023 $16,121 $737,800 $261,000 $476,800
2022 $15,804 $737,800 $261,000 $476,800
2021 $13,871 $660,200 $261,000 $399,200
2020 $4,349 $185,600 $185,600 $0
2019 $4,308 $185,600 $185,600 $0
2018 $4,253 $184,900 $184,900 $0
2017 $4,666 $197,200 $197,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Janis Cappello

    Seller's Agent in 2020

    Janis Cappello

    RE/MAX Professionals

    (401) 578-6656

    6 in this area

    39 Total Sales

    Janis Cappello
    Section Image
  • Rita Wright

    Buyer's Agent in 2020

    Rita Wright

    RE/MAX Professionals

    (401) 480-3113

    1 in this area

    73 Total Sales

    Rita Wright
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1245764

State-Wide MLS

APN: 021 019 411 0000

Rhode Island Kent County East Greenwich 02818 Frenchtown

37 Mallard Way, East Greenwich, RI

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