NOT LISTED FOR SALE

4 Sherman Ln Chepachet, RI 02814

Glocester Neighborhood

Estimated Value: $378,000 - $521,000

7 Beds
3 Baths
4,526 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 01, 2022

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

Est. 63% increase in value since last sale

Current estimated payment $2,901/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.
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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 Listed By

Nathan Clark

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

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
Compass / Lila Delman Compass
List Price
$369,900
Sold Price
$285,000
Premium/Discount to List
-$84,900
-22.95%
Total Days on Market
172
Views
10
Current Estimated Value
$465,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,333
Avg. Annual Appreciation
21.57%
Original Mortgage
$320,080
Outstanding Balance
$310,198
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$155,135

Range of Values:

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Average Value
Not Available
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
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) 232-7661

    58 in this area

    2,120 Total Sales

    Nathan Clark
    Section Image
  • Nicole Maine

    Buyer's Agent in 2022

    Nicole Maine

    Compass / Lila Delman Compass

    (401) 363-3710

    2 in this area

    228 Total Sales

    Nicole Maine
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1309014

State-Wide MLS

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

Rhode Island Providence County Chepachet 02814 Glocester

4 Sherman Ln, Chepachet, RI

Homes for Sale in Chepachet, RI

This home is located at 4 Sherman Ln, Chepachet, RI 02814 since 12 May 2022 and is currently estimated at $465,333, approximately $102 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.

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