NOT LISTED FOR SALE

37 Rainbow Rd Chepachet, RI 02814

Estimated Value: $377,000 - $430,600

2 Beds
1 Bath
1,607 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $300,000 $187 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,584/month

20 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Recreation Facilities
  • Fogarty Memorial School Rated A-
  • Wood Burning Stove
  • 2 Car Attached Garage

About This Home

As of March 2022

Are you looking for an adorable home in a rural country setting ? Look no further than 37 Rainbow Road. This 2 bed ranch style home features a cozy field stone fireplace, 2 car garage and walk out basement that can be easily finished. Great water access to Spring Grove Pond where you can enjoy fishing, kayaking and swimming all summer. Enjoy small town living with easy conveniences to sporting complexes, camping, hiking, farmers markets and more. Award winning Ponaganset School System. Seller to provide credit at closing towards septic upgrade.

Last Agent to Sell the Property

Sara Heathcote

Residential Properties Ltd. Listed on: 01/30/2022

Residential Properties Ltd.

Last Buyer's Agent

Jennifer Cosgrove O'Leary

Greenwich Bay Brokers License #REB.0019311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,012

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Stone Fireplace
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Cesspool

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 37RAINBOWRDGLOC

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,012

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Above Grade Finished Sq Ft: 1307.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 300.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Tub Shower, Wood Burning Stove
  • Living Area: 1607.0
  • Dining Room Type: Laundry
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 37RAINBOWRDGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4012.0
  • Tax Lot: 113
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2022
Closed on
Mar 21, 2022
Sold by
Swanton Kyle
Bought by
Dipetrillo Steven M and Lilli Debra
Seller's Agent
Sara Heathcote
Residential Properties Ltd.
Buyer's Agent
Jennifer Cosgrove O'Leary
Greenwich Bay Brokers
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$405,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,150
Avg. Annual Appreciation
9.50%
Original Mortgage
$213,675
Outstanding Balance
$201,032
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$207,036

Purchase Details

Listed on
Oct 1, 2012
Closed on
Apr 26, 2013
Sold by
Webster Matthew C and Webster Eve Marie
Bought by
Swanton Kyle
Seller's Agent
Ronald Duquette
CrossRoads Real Estate Group
Buyer's Agent
Ronald Duquette
CrossRoads Real Estate Group
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$188,775
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2007
Sold by
Soares Dinarte and Soares Susan E
Bought by
Webster Matthew C and Webster Eve Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
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
Dipetrillo Steven M $300,000 None Available
Swanton Kyle $185,000 --
Webster Matthew C $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dipetrillo Steven M $213,675
Previous Owner Swanton Kyle $188,775
Previous Owner Rohan Susan E $186,781
Previous Owner Rohan Susan E $191,200
Previous Owner Rohan Susan E $35,850
Previous Owner Rohan Susan E $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $300,000 0.0% $187 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
01/30/2022 01/30/22 For Sale $300,000 +62.2% $187 / Sq Ft
04/26/2013 04/26/13 Sold $185,000 0.0% $115 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $185,000 -- $115 / 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 $4,392 $316,900 $125,100 $191,800
2023 $4,516 $316,900 $125,100 $191,800
2022 $4,013 $217,600 $77,800 $139,800
2021 $4,013 $217,600 $77,800 $139,800
2020 $3,965 $217,600 $77,800 $139,800
2018 $3,762 $188,100 $63,800 $124,300
2017 $3,711 $188,100 $63,800 $124,300
2016 $3,635 $161,900 $54,300 $107,600
2015 $3,581 $161,900 $54,300 $107,600
2014 $3,525 $161,900 $54,300 $107,600
2013 $3,309 $155,800 $64,000 $91,800
Source: Public Records

Agents Affiliated with this Home

  • Sara Heathcote

    Seller's Agent in 2022

    Sara Heathcote

    Residential Properties Ltd.

    (401) 330-8420

    9 in this area

    177 Total Sales

    Section Image
  • Jennifer Cosgrove O'Leary

    Buyer's Agent in 2022

    Jennifer Cosgrove O'Leary

    Greenwich Bay Brokers

    (203) 980-3547

    1 in this area

    193 Total Sales

    Section Image
  • Ronald Duquette

    Seller's Agent in 2013

    Ronald Duquette

    CrossRoads Real Estate Group

    (401) 447-1661

    17 in this area

    59 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1302395

State-Wide MLS

APN: GLOC-000000-000000-000000SG-000113

Rhode Island Providence County Chepachet 02814

37 Rainbow Rd, Chepachet, RI

This home is located at 37 Rainbow Rd, Chepachet, RI 02814 since 30 January 2022 and is currently estimated at $405,150, approximately $252 per square foot. This property was built in 1950. 37 Rainbow Rd is a home located in Providence County with nearby schools including Fogarty Memorial School, Ponaganset Middle School, and Ponaganset High School.

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