NOT LISTED FOR SALE

404 Chopmist Hill Rd Chepachet, RI 02814

Estimated Value: $265,000 - $473,000

3 Beds
1 Bath
1,048 Sq Ft
$357/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $122,000 $116 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $2,271/month

40 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Hot Water Heating System
  • Fogarty Memorial School Rated A-
  • Wood Flooring

About This Home

As of December 2014

Central location for this 3 bed Cape on 3/4 acre lot. Home has had many updates including heat, replacement windows. Appears to have a cesspool. Property is being sold "as is" and is subject to HUD Guidelines 24 CFR 206.125

Last Agent to Sell the Property

Barrett Gross

RE/MAX Results License #grossassets Listed on: 09/30/2014

RE/MAX Results

Last Buyer's Agent

Beth Jenkins

CrossRoads Real Estate Group License #RES.0034965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,813

Year Built

  • Built in 1945

Lot Details

  • 0.81 Acre Lot
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,048 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Water Heater

Community Details

  • Chepachet Subdivision

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 404CHOPMISTHILLRDGLOC

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,813

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.81
  • Co List Office Mls Id: RMAX09
  • Co List Office Phone: 401-789-2255
  • Subdivision Name: CHEPACHET
  • Above Grade Finished Sq Ft: 1048.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1945
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Oven, Range, Range Hood, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 1048.0
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Unknown
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 35284.0
  • Parcel #: 404CHOPMISTHILLRDGLOC

Tax Info

  • Tax Annual Amount: 2813.0
  • Tax Lot: 141
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 11, 2014
Sold by
Riverview Hecm
Bought by
Mercarini Derek
Seller's Agent
Barrett Gross
RE/MAX Results
Buyer's Agent
Beth Jenkins
CrossRoads Real Estate Group
List Price
$100,000
Sold Price
$122,000
Premium/Discount to List
$22,000
22%
Current Estimated Value
$374,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,242
Avg. Annual Appreciation
10.73%
Original Mortgage
$118,340
Outstanding Balance
$92,238
Interest Rate
3.98%
Estimated Equity
$282,004

Purchase Details

Closed on
Aug 18, 2014
Sold by
Oliver Joseph
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mercarini Derek $122,000 --
Wells Fargo Bank Na $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercarini Derek $118,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2014 12/11/14 Sold $122,000 +22.0% $116 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $100,000 -- $95 / 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 $3,699 $259,400 $131,600 $127,800
2024 $3,595 $259,400 $131,600 $127,800
2023 $3,696 $259,400 $131,600 $127,800
2022 $3,129 $169,700 $81,900 $87,800
2021 $3,129 $169,700 $81,900 $87,800
2020 $3,092 $169,700 $81,900 $87,800
2018 $2,962 $148,100 $67,100 $81,000
2017 $2,922 $148,100 $67,100 $81,000
2016 $2,901 $129,200 $62,300 $66,900
2015 $2,858 $129,200 $62,300 $66,900
2014 $2,813 $129,200 $62,300 $66,900
2013 $2,899 $136,500 $65,600 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1080203

State-Wide MLS

APN: GLOC-000014-000000-000141