NOT LISTED FOR SALE

37 Spruce Rd South Kingstown, RI 02879

Estimated Value: $711,000 - $785,000

3 Beds
2 Baths
1,425 Sq Ft
$517/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $284,900 $200 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,374/month

109 Days on Market

Highlights

  • Beach Access
  • Colonial Architecture
  • 1 Car Attached Garage
  • Under Construction
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of March 2014

New construction!Open Living/kitchen/dining.Ideal vacation, primary,starter home.Private Ocean Ridge Assoc.w/deeded beach rights.3/10 mile to Green Hill Pond for swimming,fishing, boating.Close to marinas/area beaches/highway access. Taxes/assess TBD

Last Agent to Sell the Property

Scott Halberg

Compass License #REB.0015643 Listed on: 11/08/2013

Compass

Last Buyer's Agent

Peter McLaughlin

WATERFRONT PROPERTIES License #RES.0015704

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,599

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • 6,969 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,425 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Ocean Ridge Subdivision

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 37SPRUCERDSKNG

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,599

Year Built

Built in 2013 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: OCEAN RIDGE
  • Above Grade Finished Sq Ft: 1425.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2013
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 1425.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6969.0
  • Parcel #: 37SPRUCERDSKNG
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 89
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2013
Closed on
Mar 28, 2014
Sold by
Ferrare Brian and Baker Lidia
Bought by
Stabinsky William T and Stabinsky Maggie C
Seller's Agent
Scott Halberg
Compass
Buyer's Agent
Peter McLaughlin
WATERFRONT PROPERTIES
List Price
$289,900
Sold Price
$284,900
Premium/Discount to List
-$5,000
-1.72%
Current Estimated Value
$736,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,950
Avg. Annual Appreciation
8.60%
Original Mortgage
$119,900
Outstanding Balance
$90,905
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$645,945

Purchase Details

Closed on
Jan 5, 2011
Sold by
Ferrare Brian
Bought by
Ferrare Brian and Baker Lidia

Purchase Details

Closed on
Nov 12, 2004
Sold by
Alessandro Prop Llc
Bought by
Ferrare Brian
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
Stabinsky William T $284,900 --
Ferrare Brian -- --
Ferrare Brian $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrare Brian $119,900
Previous Owner Ferrare Brian $25,000
Previous Owner Ferrare Brian $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $284,900 -1.7% $200 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
11/08/2013 11/08/13 For Sale $289,900 -- $203 / 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 $5,599 $626,300 $291,700 $334,600
2024 $5,601 $506,900 $224,400 $282,500
2023 $5,601 $506,900 $224,400 $282,500
2022 $5,551 $506,900 $224,400 $282,500
2021 $5,018 $347,300 $137,100 $210,200
2020 $5,018 $347,300 $137,100 $210,200
2019 $4,906 $339,500 $137,100 $202,400
2018 $4,795 $305,800 $126,600 $179,200
2017 $4,682 $305,800 $126,600 $179,200
2016 $4,615 $305,800 $126,600 $179,200
2015 $4,426 $285,200 $115,000 $170,200
2014 $4,415 $285,200 $115,000 $170,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1055026

State-Wide MLS

APN: SKIN-008902-000000-000089