NOT LISTED FOR SALE

4 Sherman Ln Chepachet, RI 02814

Estimated Value: $373,000 - $554,000

7 Beds
3 Baths
4,526 Sq Ft
$97/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $285,000 $63 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,697/month

172 Days on Market

Highlights

  • River Access
  • Barn
  • 2 Car Detached Garage
  • West Glocester Elementary School Rated A-
  • Waterfront
  • Bathtub with Shower

About This Home

As of November 2022

Estimated Payment $1,954 Per Month. * 0% Down 30-Year fixed mortgage rate of 5.35% with an APR of 5.36% for those who qualify. * Taxes insurance not included. * Rates As of 05/12/22. * Optional 13-month limited home warranty included from HWA Home Warranty limited to components/structure.
__________________________________________________________________________________________________________
Extremely Rare 3 unit in Chepachet. Possibilities are endless for this 3-unit with Barn. 3 townhouse units offering 2 beds in each unit. Located off Route 44, on half-acre. Property abuts a stream that is stocked by RI DEM fish and Game.

Last Agent to Sell the Property

Nathan Clark

Your Home Sold Guaranteed, NCT Listed on: 05/12/2022

Last Buyer's Agent

Nicole Maine

Lila Delman Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 1850

Lot Details

  • 2,496 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Stone Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 4,526 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Gas Water Heater
  • Private Sewer

Additional Features

  • River Access
  • Barn

Community Details

  • 2 Buildings
  • 3 Units
  • Chepatchet Subdivision

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 4SHERMANLANEGLOC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,555

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0573
  • Subdivision Name: Chepatchet
  • Above Grade Finished Sq Ft: 4526.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1850
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Other, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: River Access, Water Access, Waterfront
  • Construction Type: Drywall, Plaster, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone
  • Other Structures: Barn(s)
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Sewer: Other, Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2496.0
  • Parcel #: 4SHERMANLANEGLOC
  • Zoning: 103
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3555.0
  • Tax Lot: 61
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Nov 1, 2022
Sold by
Fortune Roger A
Bought by
Roody Chad
Seller's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
Buyer's Agent
Nicole Maine
Lila Delman Compass
List Price
$369,900
Sold Price
$285,000
Premium/Discount to List
-$84,900
-22.95%
Views
10
Current Estimated Value
$434,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,000
Avg. Annual Appreciation
17.45%
Original Mortgage
$320,080
Outstanding Balance
$309,831
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$135,169
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Roody Chad $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roody Chad $320,080
Previous Owner Fortune Roger A $28,348
Previous Owner Fortune Roger A $193,228
Previous Owner Fortune Roger A $159,793
Previous Owner Fortune Roger A $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $285,000 -18.5% $63 / Sq Ft
06/01/2022 06/01/22 Price Changed $349,900 -5.4% $77 / Sq Ft
05/12/2022 05/12/22 For Sale $369,900 -- $82 / 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 $3,854 $278,100 $122,900 $155,200
2023 $3,963 $278,100 $122,900 $155,200
2022 $3,603 $192,800 $76,500 $116,300
2021 $3,555 $192,800 $76,500 $116,300
2020 $3,513 $192,800 $76,500 $116,300
2018 $3,642 $182,100 $62,700 $119,400
2017 $3,658 $185,400 $66,000 $119,400
2016 $3,504 $156,100 $59,400 $96,700
2015 $3,453 $156,100 $59,400 $96,700
2014 $3,398 $156,100 $59,400 $96,700
2013 $3,222 $151,700 $64,400 $87,300
Source: Public Records

Agents Affiliated with this Home

  • Nathan Clark

    Seller's Agent in 2022

    Nathan Clark

    Your Home Sold Guaranteed, NCT

    (401) 232-8301

    55 in this area

    2,134 Total Sales

    Section Image
  • Nicole Maine

    Buyer's Agent in 2022

    Nicole Maine

    Lila Delman Compass

    (401) 363-3710

    2 in this area

    252 Total Sales

    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1309014

State-Wide MLS

APN: GLOC-000000-000000-000010A-000061

Rhode Island Providence County Chepachet 02814

4 Sherman Ln, Chepachet, RI

This home is located at 4 Sherman Ln, Chepachet, RI 02814 since 12 May 2022 and is currently estimated at $440,000, approximately $97 per square foot. This property was built in 1850. 4 Sherman Ln is a home located in Providence County with nearby schools including West Glocester Elementary School, Ponaganset Middle School, and Ponaganset High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes