NOT LISTED FOR SALE

37 Rainbow Ln North Smithfield, RI 02896

Estimated Value: $798,598 - $1,006,000

3 Beds
2.5 Baths
3,154 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $415,000 $132 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,274/month

25 Days on Market

Highlights

  • 1.49 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • North Smithfield Middle School Rated A-
  • Wooded Lot
  • 2 Car Attached Garage

About This Home

As of August 2016

Beautiful open contemporary colonial, 3 beds, master on first floor, 2 1/2 baths, large deck looking out into private back yard, finished partial basement with a nice bar area, waiting for your finish touchings.

Last Agent to Sell the Property

Monalisa Aguiar

Reliable Realty Group LLC License #REC.0016916 Listed on: 07/05/2016

Last Buyer's Agent

Jimmy Ranieri

Empire RE Group, ERA Powered License #REC.0016826

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1998

Lot Details

  • 1.49 Acre Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • North Smithfield Subdivision

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 37RAINBOWLANENSMF

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,280

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.4922
  • Subdivision Name: NORTH SMITHFIELD
  • Above Grade Finished Sq Ft: 2354.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 800.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 3154.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 65000.0
  • Parcel #: 37RAINBOWLANENSMF
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 4280.0
  • Tax Lot: 130
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 31, 2016
Sold by
Watters Douglas S and Watters Christine M
Bought by
Trepanier Timothy J and Trepanier Lauren E
Seller's Agent
Monalisa Aguiar
Reliable Realty Group LLC
Buyer's Agent
Jimmy Ranieri
Empire RE Group, ERA Powered
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Current Estimated Value
$868,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,150
Avg. Annual Appreciation
8.26%
Original Mortgage
$332,000
Outstanding Balance
$265,359
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$602,791

Purchase Details

Closed on
Dec 31, 2003
Sold by
Reynolds Steven S and Gallogly Angela M
Bought by
Watters Douglas S and Watters Christine M

Purchase Details

Closed on
Jan 22, 1998
Sold by
Taylor Constr Co Inc
Bought by
Reynolds Steven E and Gallogly Angela M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trepanier Timothy J $415,000 --
Watters Douglas S $425,000 --
Reynolds Steven E $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Steven E $332,000
Previous Owner Reynolds Steven E $298,000
Previous Owner Reynolds Steven E $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2016 08/30/16 Sold $415,000 -3.5% $132 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $429,900 -- $136 / 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 $8,479 $574,100 $108,800 $465,300
2023 $8,181 $574,100 $108,800 $465,300
2022 $7,986 $574,100 $108,800 $465,300
2021 $6,979 $428,400 $88,100 $340,300
2020 $6,979 $428,400 $88,100 $340,300
2019 $6,799 $428,400 $88,100 $340,300
2018 $5,024 $291,400 $101,300 $190,100
2017 $4,456 $264,900 $101,300 $163,600
2016 $4,334 $264,900 $101,300 $163,600
2015 $4,280 $256,600 $90,000 $166,600
2014 $4,111 $256,600 $90,000 $166,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1130676

State-Wide MLS

APN: NSMI-000007-000000-000130