NOT LISTED FOR SALE

42 Mechanic St North Smithfield, RI 02896

Estimated Value: $638,511 - $854,000

6 Beds
3.5 Baths
3,273 Sq Ft
$225/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $365,000 $112 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,480/month

172 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 6 Car Garage
  • North Smithfield Middle School Rated A-
  • Workshop
  • Baseboard Heating

About This Home

As of December 2017

LEGAL 2 FAMILY HOME CURRENTLY BEING USED AS A SINGLE FAMILY. TONS OF POTENTIAL WITH EITHER USE OF PROPERTY SITTING ON A FANTASTIC LARGE LOT WITH STONE WALLS AND FENCED YARD. A TOTAL OF 6 BEDROOMS WITH 3+ BATHS. PLENTY OF STORAGE WITH MULTIPLE GARAGES. THE MAIN HOUSE IS A SOLID 1950'S DORMER STYLE CAPE WITH HARDWOODS AND CROWN MOLDING AND BUILT INS. THE ATTACHED 2ND HOME IS NEWER WITH A MORE OPEN COLONIAL FEEL. MANY UPDATES INCLUDING HEATING AND ELECTRICAL. MINOR COSMETIC UPGRADES CONSIDERED, THIS PROPERTY HAS MUCH TO OFFER! COUNTRY SETTING YET CLOSE TO VILLAGE AND HIGHWAYS.

Last Agent to Sell the Property

Matthew Stuart

RI Real Estate Services License #RES.0027252 Listed on: 06/08/2017

RI Real Estate Services

Last Buyer's Agent

Aliesha Noonan

Noonan/Lombardi, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,460

Year Built

  • Built in 1950

Lot Details

  • 0.76 Acre Lot

Parking

  • 6 Car Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Workshop
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Slatersville Subdivision

Listing and Financial Details

  • Tax Lot 232
  • Assessor Parcel Number 42MECHANICSTNSMF

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,460

Year Built

Built in 1950

Lot Details

0

Parking

6

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7629
  • Subdivision Name: SLATERSVILLE
  • Above Grade Finished Sq Ft: 3023.0
  • Architectural Style: Cape Cod, Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 250.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Cable TV
  • Living Area: 3273.0
  • Dining Room Type: Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 6.0
  • Garage Spaces: 6.0
  • Parking Features: Attached, Built In, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33232.0
  • Parcel #: 42MECHANICSTNSMF
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4460.0
  • Tax Lot: 232
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Dec 28, 2017
Sold by
Mowry Prescott M and Mowry Irene
Bought by
Chartier Joseph E and Chartier Laurie
Seller's Agent
Matthew Stuart
RI Real Estate Services
Buyer's Agent
Aliesha Noonan
Noonan/Lombardi, REALTORS
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%
Current Estimated Value
$735,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,128
Avg. Annual Appreciation
9.34%
Original Mortgage
$334,248
Outstanding Balance
$282,138
Interest Rate
3.95%
Mortgage Type
FHA
Estimated Equity
$452,990
Source: Public Records

Range of Values:

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Average Value
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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
Chartier Joseph E $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chartier Joseph E $334,248
Previous Owner Chartier Joseph E $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2017 12/28/17 Sold $365,000 -1.3% $112 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $369,900 -- $113 / 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 $7,586 $513,600 $93,200 $420,400
2023 $7,319 $513,600 $93,200 $420,400
2022 $7,144 $513,600 $93,200 $420,400
2021 $6,439 $395,300 $76,200 $319,100
2020 $6,589 $404,500 $84,700 $319,800
2019 $6,502 $409,700 $84,700 $325,000
2018 $5,787 $335,700 $88,100 $247,600
2017 $5,646 $335,700 $88,100 $247,600
2016 $5,492 $335,700 $88,100 $247,600
2015 $4,470 $268,000 $84,800 $183,200
2014 $4,293 $268,000 $84,800 $183,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1163946

State-Wide MLS

APN: NSMI-000001-000000-000232