NOT LISTED FOR SALE

40 W Shore Dr Exeter, RI 02822

Hope Valley-Rockville Neighborhood

Estimated Value: $412,000 - $473,641

2 Beds
1 Bath
904 Sq Ft
$484/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $155,000 $171 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $2,653/month

145 Days on Market

Highlights

  • Waterfront
  • Deck
  • Cottage
  • Metcalf School Rated A-
  • Cathedral Ceiling
  • Porch

About This Home

As of March 2020

TALK ABOUT CUTE AS A BUTTON IN THIS 2 BED COTTAGE ON THE LAKE! TURN THIS ADORABLE COTTAGE INTO YOUR OWN WATERFRONT OASIS. EXPOSED BEAMS WITH CATHEDRAL CEILING! LARGE SUN ROOM WITH FANTASTIC VIEWS OF LAKE. SOUGHT AFTER BOONE LAKE WATERFRONT RARE OPPORTUNITY, FUN NEIGHBORHOOD. NO FLOOD INSURANCE NEEDED. BE AWARE THAT THERE ARE STAIRS IN ORDER TO ACESS THE PROPERTY. BRAND NEW ROOF! BRAND NEW WELL PUMP! SPECTACULAR STONE FIREPLACE. PERFECT FOR YEARROUND LIVING OR SEASONAL. SWIMMING, BOATING, SKIING, FISHING...FUN FUN FUN.

Last Agent to Sell the Property

Cheryl Woodmansee

RE/MAX FLAGSHIP, INC. License #RES.0033997 Listed on: 09/16/2019

Last Buyer's Agent

Lorraine Bandoni

CrossRoads Real Estate Group License #RES.0040316

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,809

Year Built

  • Built in 1958

Lot Details

  • 9,148 Sq Ft Lot
  • Waterfront

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 904 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Stone Fireplace
  • Water Views
  • Storm Doors
  • Laundry Room

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Boone Lake Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 40WESTSHOREDREXET

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,809

Year Built

Built in 1958

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Subdivision Name: BOONE LAKE
  • Above Grade Finished Sq Ft: 904.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1958
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower
  • Living Area: 904.0
  • Dining Room Type: Laundry
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Dock Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access
  • Senior Community: No
  • Association Fee: 180.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9148.0
  • Parcel #: 40WESTSHOREDREXET
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3809.0
  • Tax Lot: 33
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Mar 9, 2020
Sold by
Henley Johanna A
Bought by
Adrain Bland Ft and Henley
Seller's Agent
Cheryl Woodmansee
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Lorraine Bandoni
CrossRoads Real Estate Group
List Price
$270,000
Sold Price
$155,000
Premium/Discount to List
-$115,000
-42.59%
Current Estimated Value
$437,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,660
Avg. Annual Appreciation
15.68%

Purchase Details

Closed on
Mar 26, 2001
Sold by
Mueller Karl D
Bought by
Smith Richard D

Purchase Details

Closed on
Sep 16, 1999
Sold by
Burns Candace L and Smith Richard
Bought by
Henley Johanna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 1995
Sold by
Hogan Thomas J
Bought by
Burns Candace L
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
Adrain Bland Ft $155,000 None Available
Adrain Bland Ft $155,000 None Available
Smith Richard D $30,000 --
Henley Johanna A $85,000 --
Burns Candace L $88,000 --
Smith Richard D $30,000 --
Henley Johanna A $85,000 --
Burns Candace L $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hogan Thomas $95,000
Previous Owner Hogan Thomas $95,000
Previous Owner Hogan Thomas $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $155,000 -42.6% $171 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
09/16/2019 09/16/19 For Sale $270,000 -- $299 / 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 $3,677 $320,000 $254,400 $65,600
2023 $3,399 $238,200 $179,300 $58,900
2022 $3,321 $238,200 $179,300 $58,900
2021 $3,268 $238,200 $179,300 $58,900
2020 $3,780 $242,800 $155,900 $86,900
2019 $3,810 $242,800 $155,900 $86,900
2018 $3,737 $242,800 $155,900 $86,900
2017 $3,545 $218,400 $148,800 $69,600
2016 $3,481 $218,400 $148,800 $69,600
2015 $3,357 $218,400 $148,800 $69,600
2014 $3,453 $236,000 $168,000 $68,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cheryl Woodmansee

    RE/MAX FLAGSHIP, INC.

    Section Image
  • Lorraine Bandoni

    Buyer's Agent in 2020

    Lorraine Bandoni

    CrossRoads Real Estate Group

    (401) 219-0682

    46 Total Sales

    Lorraine Bandoni
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1235372

State-Wide MLS

APN: EXET-000083-000006-000033

Rhode Island Washington County Exeter 02822 Hope Valley-Rockville

40 W Shore Dr, Exeter, RI

This home is located at 40 W Shore Dr, Exeter, RI 02822 since 16 September 2019 and is currently estimated at $437,660, approximately $484 per square foot. This property was built in 1958. 40 W Shore Dr is a home located in Washington County with nearby schools including Mildred E. Lineham School, Metcalf School, and Wawaloam School.

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