NOT LISTED FOR SALE

40 Reservoir Cir Jamestown, RI 02835

Estimated Value: $804,000 - $930,000

3 Beds
2.5 Baths
1,944 Sq Ft
$441/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $329,000 $169 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $4,842/month

85 Days on Market

Highlights

  • Raised Ranch Architecture
  • Wood Flooring
  • Game Room
  • Melrose Avenue School Rated A-
  • Attic
  • Security System Owned

About This Home

As of May 2015

OPPORTUNITY KNOCKS! HOME HAS HAD MANY IMPROVEMENTS INCLUDING A NEW SEPTIC SYSTEM IN 2005. UPDATED KITCHEN AND BATH. LOTS OF POTENTIAL. SELLER MOTIVATED

Last Agent to Sell the Property

Carol Hopkins

Residential Properties Ltd. License #REB.0014799 Listed on: 01/05/2015

Last Buyer's Agent

Winthrop Reed Jr

Win R Realty License #REB.0014867

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1971

Lot Details

  • 0.42 Acre Lot
  • Property is zoned R80

Home Design

  • Raised Ranch Architecture
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Game Room
  • Security System Owned
  • Laundry Room
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • No Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Reservoir Circle Subdivision

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 40RESERVOIRCIRJAME

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,749

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4182
  • Subdivision Name: RESERVOIR CIRCLE
  • Above Grade Finished Sq Ft: 1134.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1971
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4108
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 810.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cable TV
  • Living Area: 1944.0
  • Dining Room Type: Bathroom, Bedroom, Game Room, Kitchen, Laundry
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Aluminum Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18216.0
  • Parcel #: 40RESERVOIRCIRJAME
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2749.0
  • Tax Lot: 76
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
May 1, 2015
Sold by
Stravato Julie A and Lutyens Julie A
Bought by
Reed Roland R and Ellsworth Charlene A
Seller's Agent
Carol Hopkins
Residential Properties Ltd.
Buyer's Agent
Winthrop Reed Jr
Win R Realty
List Price
$369,000
Sold Price
$329,000
Premium/Discount to List
-$40,000
-10.84%
Current Estimated Value
$856,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,705
Avg. Annual Appreciation
9.57%
Original Mortgage
$336,703
Outstanding Balance
$260,135
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$596,570
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
Reed Roland R $329,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Roland R $336,703
Previous Owner Reed Roland R $281,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $329,000 -10.8% $169 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $369,000 -- $190 / 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 $3,752 $665,200 $270,100 $395,100
2024 $3,608 $503,200 $204,600 $298,600
2023 $3,512 $503,200 $204,600 $298,600
2022 $3,417 $503,200 $204,600 $298,600
2021 $2,926 $353,400 $186,600 $166,800
2020 $2,852 $353,400 $186,600 $166,800
2019 $2,845 $353,400 $186,600 $166,800
2018 $2,947 $333,000 $166,200 $166,800
2017 $2,850 $329,100 $166,200 $162,900
2016 $2,825 $329,200 $166,300 $162,900
2015 $2,759 $314,200 $194,500 $119,700
2014 $2,749 $314,200 $194,500 $119,700
Source: Public Records

Agents Affiliated with this Home

  • Carol Hopkins

    Seller's Agent in 2015

    Carol Hopkins

    Residential Properties Ltd.

    (401) 864-0130

    15 Total Sales

    Carol Hopkins
    Section Image

  • W

    Buyer's Agent in 2015

    Winthrop Reed Jr

    Win R Realty

    (401) 862-3568

    6 Total Sales

    Winthrop Reed Jr
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1085817

State-Wide MLS

APN: JAME-000004-000000-000076

Rhode Island Newport County Jamestown 02835

40 Reservoir Cir, Jamestown, RI

This home is located at 40 Reservoir Cir, Jamestown, RI 02835 since 05 January 2015 and is currently estimated at $856,705, approximately $440 per square foot. This property was built in 1971. 40 Reservoir Cir is a home located in Newport County with nearby schools including Melrose Avenue School and Lawn Avenue School.

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