NOT LISTED FOR SALE

40 Bailey Dr West Greenwich, RI 02817

Estimated Value: $401,000 - $464,000

3 Beds
2 Baths
1,142 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $315,000 $276 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,732/month

13 Days on Market

Highlights

  • Cape Cod Architecture
  • Recreation Facilities
  • Skylights
  • Metcalf School Rated A-
  • Walking Distance to Water
  • Bathtub with Shower

About This Home

As of October 2022

Welcome to 40 Bailey Drive! This is an updated/modernized single family home within walking distance of beautiful Lake Mishnock. It offers 2/3 bedrooms, 2 full baths and is move in ready. It comes furnished with a new roof, new vinyl siding, a new kitchen, new flooring throughout, and a new 200 amp electrical service. It's beautiful landscaping and remote shed make this corner lot really standout. As you sit back on the screened 3 season porch and listen to the sounds of the nature you realize what a quiet and peaceful neighborhood this truly is. This home is just a short distance from the West Greenwich schools and is close to all shopping destinations in the area with easy access to rt. 95. A new septic plan is approved by DEM and estimate is available in disclosures.

Last Agent to Sell the Property

John Risica

William Raveis Inspire Listed on: 08/16/2022

William Raveis Inspire

Last Buyer's Agent

Lindsay Castergini

Lindsay Castergini Real Estate License #REC.0016864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1938

Lot Details

  • 6,952

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,142 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater
  • Cesspool

Additional Features

  • Walking Distance to Water
  • 6,952 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 40BAILEYDRWGRN

Community Details

Overview

  • Mishnock Lake Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1596
  • Inclusions: NA
  • Subdivision Name: Mishnock Lake
  • Above Grade Finished Sq Ft: 1142.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Bathtub, Skylights, Tub Shower
  • Living Area: 1142.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Cesspool
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6952.0
  • Parcel #: 40BAILEYDRWGRN
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 700.0
  • Tax Lot: 104
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Oct 27, 2022
Sold by
Kretchman Kevin
Bought by
Barrow Adrienne L
Seller's Agent
John Risica
William Raveis Inspire
Buyer's Agent
Lindsay Castergini
Lindsay Castergini Real Estate
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
116
Current Estimated Value
$423,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,853
Avg. Annual Appreciation
10.14%
Original Mortgage
$305,550
Outstanding Balance
$296,117
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$119,518

Purchase Details

Listed on
Oct 6, 2020
Closed on
Mar 5, 2021
Sold by
Reynolds Barbara A and Coolen Sherri A
Bought by
Kretchman Kevin
Seller's Agent
Jack Bullock
Residential Properties Ltd.
Buyer's Agent
John Risica
William Raveis Inspire
List Price
$169,500
Sold Price
$110,000
Premium/Discount to List
-$59,500
-35.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.20%

Purchase Details

Closed on
Dec 9, 2002
Sold by
Velleywood Assoc
Bought by
Higgins Paul W and Higgins Catherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1999
Sold by
Bennett Steven A
Bought by
Reynolds Babara A and Reynolds Reynold Sherri
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
Barrow Adrienne L $315,000 None Available
Kretchman Kevin $110,000 None Available
Higgins Paul W $749,000 --
Reynolds Babara A $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrow Adrienne L $305,550
Previous Owner Reynolds Babara A $68,945
Previous Owner Reynolds Babara A $84,000
Previous Owner Reynolds Babara A $480,000
Previous Owner Reynolds Babara A $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $315,000 -3.1% $276 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $325,000 +195.5% $285 / Sq Ft
03/05/2021 03/05/21 Sold $110,000 -35.1% $111 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
10/06/2020 10/06/20 For Sale $169,500 -- $170 / 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 $5,291 $330,700 $49,200 $281,500
2023 $4,689 $191,300 $34,600 $156,700
2022 $3,169 $129,300 $48,000 $81,300
2021 $3,107 $129,300 $48,000 $81,300
2020 $3,076 $129,300 $48,000 $81,300
2019 $3,541 $146,500 $59,600 $86,900
2018 $1,604 $110,700 $41,700 $69,000
2017 $2,496 $110,700 $41,700 $69,000
2016 $2,609 $115,700 $41,800 $73,900
2015 $2,609 $115,700 $41,800 $73,900
2013 $2,853 $126,500 $56,500 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1317963

State-Wide MLS

APN: WGRE-000004-000104-000000