NOT LISTED FOR SALE

Estimated Value: $1,158,125 - $1,611,000

0.71 Acre
$1,853,917 Price per Acre
30,928 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $257,500

Est. 411% increase in value since last sale

Current estimated payment $7,886/month

19 Days on Market

About This Lot

As of December 2021

Build your dream home on a beautiful lot in an established neighborhood in Saunderstown. The Slocum Woods neighborhood is surrounded by conservation land with walking paths leading to the water. The neighborhood offers: underground utilities, connected water and gas. Quick drive to Wickford, Newport, Narragansett and URI. Take a drive by or call for more information. Lot has been cleared of trees.

Last Agent to Sell the Property

Daniel Petrocelli

RI Real Estate Services License #RES.0040952 Listed on: 10/28/2021

RI Real Estate Services

Last Buyer's Agent

Bonnie Begos

Flagship Real Estate Advisors License #RES.0030688

Flagship Real Estate Advisors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,316

Lot Details

  • 0.71 Acre Lot
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Finished Lot(s)

HOA Fees

  • $26 Monthly HOA Fees

Community Details

  • Saunderstown Slocum Woods Subdivision

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 412SYLVANCTNKNG

Property Details

Property Type

Land

Est. Annual Taxes

$2,316

Lot Details

0

HOA Fees

$26 per month

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 0.71
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Saunderstown - Slocum Woods
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Development, Residential

Exterior Features

  • Lot Features: Rolling Slope
  • Topography: Rolling

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Municipal Utilities, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee: 308.0
  • Association Fee Frequency: Annually

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 30928.0
  • Wooded Area: 100.0
  • Parcel #: 412SYLVANCTNKNG
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2316.0
  • Tax Lot: 115
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 17, 2021
Sold by
Patel Vikash and Patel Mayuriben S
Bought by
Hutson Eric M and Hutson Colleen A
Seller's Agent
Daniel Petrocelli
RI Real Estate Services
Buyer's Agent
Bonnie Begos
Flagship Real Estate Advisors
List Price
$299,000
Sold Price
$257,500
Premium/Discount to List
-$41,500
-13.88%
Current Estimated Value
$1,316,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,058,781
Avg. Annual Appreciation
52.44%

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 24, 2021
Sold by
Slocum Woods Inc
Bought by
Patel Vikash and Patel Mahendra
Seller's Agent
Maura Sayre
Coldwell Banker Realty
Buyer's Agent
Daniel Petrocelli
RI Real Estate Services
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.23%
Original Mortgage
$165,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
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
Hutson Eric M $257,500 None Available
Patel Vikash $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Vikash $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $257,500 -13.9% --
11/17/2021 11/17/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $299,000 +81.2% --
02/26/2021 02/26/21 Sold $165,000 0.0% -- View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $165,000 -- --
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 $11,642 $1,054,500 $286,000 $768,500
2024 $10,257 $715,300 $189,900 $525,400
2023 $9,744 $679,500 $189,900 $489,600
2022 $2,670 $189,900 $189,900 $0
2021 $2,371 $135,500 $135,500 $0
2020 $2,316 $135,500 $135,500 $0
2019 $2,316 $135,500 $135,500 $0
2018 $2,402 $126,600 $126,600 $0
2017 $2,353 $126,600 $126,600 $0
2016 $2,286 $126,600 $126,600 $0
2015 $2,443 $126,600 $126,600 $0
2014 $2,394 $126,600 $126,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1297341

State-Wide MLS

APN: NKIN-000030-000053