NOT LISTED FOR SALE

40 Hope Furnace Rd Hope, RI 02831

Estimated Value: $361,000 - $586,000

3 Beds
2 Baths
1,008 Sq Ft
$435/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $308,000 $306 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,760/month

68 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Walking Distance to Water
  • Deck
  • Attic
  • Porch

About This Home

As of November 2021

Pride of ownership shows in this 3 bed 2 bath home located in the Hope Village section of Scituate. This home was renovated down to studs 1 year ago. Renovations included new windows, vinyl siding, extra large deck with vinyl railings, high efficiency heat with central air conditioning, new septic system, new hot water heater, and new electrical service. Walk in to an inviting Granite kitchen with a large peninsula and stainless steel appliances. The walkout unfinished basement provides potential for additional living space. Within walking distance to a local pond, fishing, kayaking and nature trails. This move in ready home won't last, call today! *Subject to Seller finding suitable housing.

Last Agent to Sell the Property

Kayla Levasseur

Real Broker, LLC License #RES.0044282 Listed on: 08/12/2021

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 1880

Lot Details

  • 10,799 Sq Ft Lot
  • Property is zoned RSW

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Combination Foundation
  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Laundry Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Utilities

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

Community Details

  • Hope Village Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 40HOPEFURNACERDSCIT

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,972

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2479
  • Subdivision Name: Hope Village
  • Above Grade Finished Sq Ft: 1008.0
  • Architectural Style: Contemporary, Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1880
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1008.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Combination, Concrete Perimeter, Stone
  • Patio And Porch Features: Deck, Porch

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10799.0
  • Parcel #: 40HOPEFURNACERDSCIT
  • Zoning: RSW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2971.71
  • Tax Lot: 5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 19, 2021
Sold by
Arena Zachary F and Arena Sierra
Bought by
Perreault James
Seller's Agent
Kayla Levasseur
Real Broker, LLC
Buyer's Agent
Stephen Perrino
Paiva Realty Group
List Price
$315,000
Sold Price
$308,000
Premium/Discount to List
-$7,000
-2.22%
Current Estimated Value
$438,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,272
Avg. Annual Appreciation
9.44%
Original Mortgage
$302,421
Outstanding Balance
$277,117
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$161,155

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 23, 2020
Sold by
Lacroix Joseph
Bought by
Arena Zachary and Arena Sierra
Seller's Agent
Joe Lacroix
Keller Williams Coastal
Buyer's Agent
The Sousa Team
HomeSmart Professionals
List Price
$279,900
Sold Price
$254,000
Premium/Discount to List
-$25,900
-9.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$246,380
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 21, 2018
Closed on
Oct 31, 2018
Sold by
Bowers Paulette L
Bought by
Lacroix Joseph
Seller's Agent
Aliesha Noonan
Noonan/Lombardi, REALTORS
Buyer's Agent
Aliesha Noonan
Noonan/Lombardi, REALTORS
List Price
$120,000
Sold Price
$75,000
Premium/Discount to List
-$45,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.51%

Purchase Details

Closed on
Nov 3, 1997
Sold by
Padula Builders Inc
Bought by
Powers Paulette I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.31%
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
Perreault James $308,000 None Available
Arena Zachary $254,000 None Available
Lacroix Joseph $75,000 --
Powers Paulette I $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perreault James $302,421
Previous Owner Arena Zachary $246,380
Previous Owner Arena Zachary $11,000
Previous Owner Powers Paulette I $142,704
Previous Owner Powers Paulette I $152,000
Previous Owner Powers Paulette I $31,770
Previous Owner Powers Paulette I $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2021 11/19/21 Sold $308,000 -2.2% $306 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $315,000 +24.0% $313 / Sq Ft
03/23/2020 03/23/20 Sold $254,000 -9.3% $252 / Sq Ft View Prior Sale
02/22/2020 02/22/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $279,900 +273.2% $278 / Sq Ft
11/01/2018 11/01/18 Sold $75,000 -37.5% $44 / Sq Ft View Prior Sale
10/02/2018 10/02/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $120,000 -- $71 / 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 $5,244 $302,600 $102,400 $200,200
2024 $5,244 $302,600 $102,400 $200,200
2023 $5,072 $302,600 $102,400 $200,200
2022 $4,957 $302,600 $102,400 $200,200
2021 $3,394 $181,600 $77,400 $104,200
2020 $2,905 $159,000 $77,400 $81,600
2019 $2,399 $134,100 $77,400 $56,700
2018 $2,247 $115,900 $54,000 $61,900
2017 $2,181 $115,900 $54,000 $61,900
2016 $2,091 $115,900 $54,000 $61,900
2015 $2,276 $118,800 $50,300 $68,500
2014 $2,255 $118,800 $50,300 $68,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kayla Levasseur

    Real Broker, LLC

    (401) 477-6423

    2 in this area

    6 Total Sales

    Kayla Levasseur
    Section Image
  • Stephen Perrino

    Buyer's Agent in 2021

    Stephen Perrino

    Paiva Realty Group

    (401) 206-8907

    2 in this area

    67 Total Sales

    Stephen Perrino
    Section Image

  • J

    Seller's Agent in 2020

    Joe Lacroix

    Keller Williams Coastal

    (401) 473-8588

    16 Total Sales

    Joe Lacroix
    Section Image

  • T

    Buyer's Agent in 2020

    The Sousa Team

    HomeSmart Professionals

    Section Image
  • Aliesha Noonan

    Seller's Agent in 2018

    Aliesha Noonan

    Noonan/Lombardi, REALTORS

    (401) 580-8672

    4 in this area

    205 Total Sales

    Aliesha Noonan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1290894

State-Wide MLS

APN: SCIT-000005-000065-000000

Rhode Island Kent County Hope 02816

40 Hope Furnace Rd, Hope, RI

This home is located at 40 Hope Furnace Rd, Hope, RI 02831 since 12 August 2021 and is currently estimated at $438,272, approximately $434 per square foot. This property was built in 1880. 40 Hope Furnace Rd is a home located in Kent County with nearby schools including Hope School, Scituate Middle School, and Scituate High School.

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