NOT LISTED FOR SALE

397 Chestnut Hill Rd Chepachet, RI 02814

Estimated Value: $575,000 - $1,048,000

4 Beds
2 Baths
1,918 Sq Ft
$436/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $750,000 $391 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,978/month

49 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Colonial Architecture
  • West Glocester Elementary School Rated A-
  • 53.44 Acre Lot
  • Private Lot

About This Home

As of October 2021

Unique Opportunity to acquire this one of a kind 53 ACRE FARM in the heart of Chepachet. Meander down the long drive past the stone walls overlooking the fields on either side and you come to the updated 1870's Colonial Farmhouse. The new front porch welcomes you in! You will be surprised at the wonderful open floor plan! High ceilings and a oversized 1st floor main bedroom leading into a gorgeous new bathroom complete with soaking tub! 3 generous bedrooms, the nursery and another new bath on the 2nd.
The stone patio is where you will enjoy many a day barbecueing under the massive 100 year old Catalpa tree. It is fabulous! The property is extaordinary! Fields and woodlands with plenty of room for all. Large outbuilding.
Not enough Privacy? The property abuts 107 Acres of the Glocester Land Trust aka"The Burton Woodland" originally part of this farm.

LIVE THE DREAM! BREATHE THE FRESH AIR! LISTEN TO THE SILENCE! WELCOME TO PARADISE!!!
Shown by Appointment. Please Do Not Enter Property without appointment.

Last Agent to Sell the Property

Nancy Ziroli

RE/MAX 1st Choice License #REB.0015637 Listed on: 07/16/2021

RE/MAX 1st Choice

Last Buyer's Agent

Scott McGee

RE/MAX Properties

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,291

Year Built

  • Built in 1870

Lot Details

  • 53.44 Acre Lot
  • Private Lot
  • Secluded Lot
  • Property is zoned A4

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,918 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 397CHESTNUTHILLRDGLOC

Community Details

Overview

  • Chepachet Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,291

Year Built

Built in 1870

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 53.44
  • Subdivision Name: Chepachet
  • Above Grade Finished Sq Ft: 1918.0
  • Architectural Style: Colonial, Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1870
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 1918.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Stone
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 16.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 2327846.0
  • Parcel #: 397CHESTNUTHILLRDGLOC
  • Zoning: A4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6291.0
  • Tax Lot: 81
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 1, 2021
Sold by
Sebastiao Andre M
Bought by
Rudis Michael and Rudis Toriana
Seller's Agent
Nancy Ziroli
RE/MAX 1st Choice
Buyer's Agent
Scott McGee
RE/MAX Properties
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%
Current Estimated Value
$770,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,314
Avg. Annual Appreciation
-0.91%
Original Mortgage
$600,000
Outstanding Balance
$553,046
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,071

Purchase Details

Closed on
Aug 16, 2019
Sold by
Glocester Town Of
Bought by
Strong Tree Properties

Purchase Details

Closed on
Aug 15, 2018
Sold by
Glocester Town Of and Sebastiao
Bought by
Jordan Realty Rigp

Purchase Details

Listed on
Jul 18, 2017
Closed on
Oct 2, 2017
Sold by
Burton John J Est and Burton
Bought by
Sebastiao Andre M
Seller's Agent
Nancy Ziroli
RE/MAX 1st Choice
Buyer's Agent
Nancy Ziroli
RE/MAX 1st Choice
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
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
Rudis Michael $750,000 None Available
Strong Tree Properties $5,828 --
Jordan Realty Rigp $4,443 --
Sebastiao Andre M $138,000 --
Sebastiao Andre M $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudis Michael $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $750,000 -6.2% $391 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $799,900 +131.9% $417 / Sq Ft
09/29/2017 09/29/17 Sold $345,000 -3.9% $180 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $359,000 -- $187 / 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 $9,118 $548,300 $179,500 $368,800
2023 $9,365 $548,300 $179,500 $368,800
2022 $6,367 $345,300 $201,400 $143,900
2021 $6,367 $345,300 $201,400 $143,900
2020 $6,291 $345,300 $201,400 $143,900
2018 $5,916 $246,500 $106,400 $140,100
2017 $5,835 $246,500 $106,400 $140,100
2016 $5,548 $217,500 $103,100 $114,400
2015 $5,466 $217,500 $103,100 $114,400
2014 $5,381 $217,500 $103,100 $114,400
2013 $5,446 $225,600 $106,400 $119,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1288433

State-Wide MLS

APN: GLOC-000011-000000-000081