NOT LISTED FOR SALE

40 South Rd Exeter, RI 02822

Estimated Value: $534,000 - $587,000

3 Beds
2 Baths
1,720 Sq Ft
$323/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $405,000 $235 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,460/month

39 Days on Market

Highlights

  • Deck
  • Raised Ranch Architecture
  • Wood Flooring
  • Metcalf School Rated A-
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of April 2021

This spacious and sun-filled raised ranch is still like new! The main level features an open living and dining area with hardwood floors and vaulted ceilings, an updated kitchen with island seating, stainless appliances and granite countertops, and sliders leading out to the deck. The lower-level offers laundry, a third bedroom and a family room that walks out to a great fenced in yard. Additional features include central air, a large master suite and a two-car garage. All this and more tucked into a quiet area that is convenient to Rt. 2, Rt. 4 and the Wickford train station. Welcome home!

Last Agent to Sell the Property

Paul Zarrella

Williams & Stuart Real Estate License #REB.0015470 Listed on: 02/19/2021

Last Buyer's Agent

Bruce Cutting

Mott & Chace Sotheby's Intl. License #RES.0044031

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 2013

Lot Details

  • 0.29

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • 0.29 Acre Lot

Community Details

  • Shops

Listing and Financial Details

  • Legal Lot and Block 4 / 3
  • Assessor Parcel Number 40SOUTHRDEXET

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,676

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Above Grade Finished Sq Ft: 1144.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2013
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 576.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 1720.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Highway Access, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 40SOUTHRDEXET
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4676.0
  • Tax Block: 3
  • Tax Lot: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 30, 2021
Sold by
Reid William J
Bought by
Mcnaughton William D
Seller's Agent
Paul Zarrella
Williams & Stuart Real Estate
Buyer's Agent
Bruce Cutting
Mott & Chace Sotheby's Intl.
List Price
$390,000
Sold Price
$405,000
Premium/Discount to List
$15,000
3.85%
Current Estimated Value
$555,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,768
Avg. Annual Appreciation
7.61%
Original Mortgage
$387,845
Outstanding Balance
$357,671
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$197,845

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 10, 2019
Sold by
Reid William J
Bought by
Reid William J and Dobosz Kendra
Seller's Agent
John Santos
Keller Williams Coastal
Buyer's Agent
Thomas Durkin
List Price
$359,900
Sold Price
$335,000
Premium/Discount to List
-$24,900
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Original Mortgage
$268,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 8, 2019
Sold by
Perry Diana F
Bought by
Reid William J
Seller's Agent
John Santos
Keller Williams Coastal
Buyer's Agent
Thomas Durkin
List Price
$359,900
Sold Price
$335,000
Premium/Discount to List
-$24,900
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2013
Sold by
Knollwood Building Cor
Bought by
Perry Diana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,920
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2010
Sold by
Perry Wayne and Knight Kevin
Bought by
29 Cherry Street Llc
Source: Public Records

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
Mcnaughton William D $405,000 None Available
Mcnaughton William D $405,000 None Available
Reid William J -- --
Reid William J -- --
Reid William J $335,000 --
Reid William J $335,000 --
Perry Diana E $284,900 --
29 Cherry Street Llc $15,000 --
Perry Diana E $284,900 --
29 Cherry Street Llc $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnaughton William D $387,845
Closed Mcnaughton William D $387,845
Previous Owner Reid William J $268,000
Previous Owner Perry Diana E $37,000
Previous Owner 29 Cherry Street Llc $227,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $405,000 +3.8% $235 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $390,000 +16.4% $227 / Sq Ft
07/08/2019 07/08/19 Sold $335,000 -6.9% $195 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $359,900 -- $209 / 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 $5,169 $449,900 $144,400 $305,500
2023 $4,925 $345,100 $127,300 $217,800
2022 $4,811 $345,100 $127,300 $217,800
2021 $4,735 $345,100 $127,300 $217,800
2020 $4,676 $300,300 $85,100 $215,200
2019 $4,712 $300,300 $85,100 $215,200
2018 $4,622 $300,300 $85,100 $215,200
2017 $4,382 $270,000 $82,800 $187,200
2016 $4,304 $270,000 $82,800 $187,200
2015 $4,150 $270,000 $82,800 $187,200
2014 $3,197 $218,500 $84,000 $134,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Zarrella

    Seller's Agent in 2021

    Paul Zarrella

    Williams & Stuart Real Estate

    (401) 398-2100

    2 in this area

    129 Total Sales

    Paul Zarrella
    Section Image
  • Bruce Cutting

    Buyer's Agent in 2021

    Bruce Cutting

    Mott & Chace Sotheby's Intl.

    (401) 533-0762

    4 in this area

    47 Total Sales

    Bruce Cutting
    Section Image

  • J

    Seller's Agent in 2019

    John Santos

    Keller Williams Coastal

    Section Image

  • T

    Buyer's Agent in 2019

    Thomas Durkin

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1275265

State-Wide MLS

APN: EXET-000038-000003-000004

Rhode Island Washington County Exeter 02822

40 South Rd, Exeter, RI

This home is located at 40 South Rd, Exeter, RI 02822 since 19 February 2021 and is currently estimated at $555,768, approximately $323 per square foot. This property was built in 2013. 40 South Rd is a home located in Washington County with nearby schools including Mildred E. Lineham School, Wawaloam School, and Metcalf School.

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