Seller's Agent in 2022
Kimberly Michalik
CrossRoads Real Estate Group
(401) 864-6607
1 in this area
11 Total Sales
40 Melrose St Cumberland, RI 02864
Monastery Heights NeighborhoodEstimated Value: $326,000 - $345,261
2
Beds
1
Bath
832
Sq Ft
$407/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Skylights
- Cathedral Ceiling
- Attic
- Bathtub with Shower
About This Home
As of June 2022Don't miss out on this cozy 2 bedroom ranch home in the Monastery Heights area of Cumberland. Home has a new septic system and new roof. Kitchen offers stainless refrigerator/stove. A bonus room is included that can be used as a home office, storage or a third bedroom. Relax in your downtime in the spacious living room with cathedral ceilings and skylights. Home needs some cosmetic work, but the price vs. appraised value makes it worth the investment. Has recently qualified for government financing. Subject to the seller finding suitable housing.
Last Agent to Sell the Property
CrossRoads Real Estate Group License #RES.0042018 Listed on: 02/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,824
Year Built
- Built in 1952
Lot Details
- 7,840 Sq Ft Lot
Home Design
- Wood Siding
- Vinyl Siding
Interior Spaces
- 832 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Skylights
- Permanent Attic Stairs
Kitchen
- Oven
- Range
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Interior Basement Entry
- Crawl Space
Parking
- 2 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Deck
- Outbuilding
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Propane
- 100 Amp Service
- Electric Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 0675
- Assessor Parcel Number 40MELROSESTCUMB
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 12, 2003
Sold by
Gagnon William M
Bought by
Petagna Cindy L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 21, 2000
Sold by
Titus Dennis R
Bought by
Gagnon William M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Petagna Cindy L | $180,000 | -- | |
| Gagnon William M | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manni Amanda | $166,000 | |
| Closed | Gagnon William M | $176,000 | |
| Previous Owner | Gagnon William M | $87,500 | |
| Previous Owner | Gagnon William M | $72,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2022 06/06/22 | Sold | $270,000 | -1.8% | $325 / Sq Ft |
| 03/02/2022 03/02/22 | Pending | -- | -- | -- |
| 02/13/2022 02/13/22 | For Sale | $275,000 | +129.2% | $331 / Sq Ft |
| 03/08/2019 03/08/19 | Sold | $120,000 | -17.2% | $144 / Sq Ft |
| 02/06/2019 02/06/19 | Pending | -- | -- | -- |
| 10/03/2018 10/03/18 | For Sale | $144,900 | -- | $174 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $2,874 | $240,500 | $142,500 | $98,000 |
| 2023 | $2,795 | $240,500 | $142,500 | $98,000 |
| 2022 | $2,872 | $191,600 | $112,600 | $79,000 |
| 2021 | $2,824 | $191,600 | $112,600 | $79,000 |
| 2020 | $2,744 | $191,600 | $112,600 | $79,000 |
| 2019 | $2,590 | $163,100 | $96,000 | $67,100 |
| 2018 | $324 | $163,100 | $96,000 | $67,100 |
| 2017 | $2,481 | $163,100 | $96,000 | $67,100 |
| 2016 | $2,395 | $140,200 | $94,600 | $45,600 |
| 2015 | $2,395 | $140,200 | $94,600 | $45,600 |
| 2014 | $2,395 | $140,200 | $94,600 | $45,600 |
| 2013 | $2,571 | $162,900 | $100,000 | $62,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Frank Sullivan
CALDWELL REALTY LLC
(401) 480-5276
1 in this area
63 Total Sales
-
L
Seller's Agent in 2019
Leonor Dasilva
LDS, Inc.
Map
Source: State-Wide MLS
MLS Number: 1303194
APN: CUMB-000018-000675-000000
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